On each item listing page and in your My Market area where a particular ad is listed, there is a link to the item's "Bid History". The history shows the progression of bidding on the item since the listing's inception.
Understanding the bid history can be tricky sometimes because our system makes use of Autobids, which automatically increment the bidding based on maximum bid amounts placed by members at an earlier time.
The following screen shot illustrates a typical bid history:
In the history above, RC Universe Staff entered a maximum bid of $20.00 early in the bidding. You can't see that in the history. Indeed, the history shows a correct minimum increment bid of $10.01, the amount needed to outbid "jettstarblue". Since RCadmin-RCU doesn't know the secret maximum bid by RCUniverse Staff, his bid of $15.00 triggers two events:
1. The $15.00 bid is initially recorded as $12.01, the minimum amount needed to top RCUniverse Staff's then current high bid of $10.01. That is why you see $12.01.
2. Immediately following the entry of that bid into the system, the system generates another bid for RCadmin-RCU in the amount of his maximum, $15.00 because it knows that RCUniverse Staff has a maximum bid of $20.00 and will immediately outbid the $15.00. Accordingly, the history reflects the automatic $15.00 bid of RCadmin-RCU and the immediate topping bid of $17.00 entered by the system on behalf of RCUniverse Staff, who is still below his maximum of $20.00.
The key thing to remember is that your maximum bid is not necessarily the amount reflected in the bid history (in fact, most of the time it is not). Rather, the system will only enter bids for the minimum amount necessary to top the then current bid. If your maximum bid is going to be topped by an autobid, the system will take your bid to its maximum amount and then top it immediately.