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Note: Question is outdated due to the closure of the Auction House

I have noticed often when going to bid on an item, the minimum bid is some seemingly arbitrary number. I currently can't even bid on an item, even though I have more gold than the current bid, because I don't meet this limit.

It would also be nice to know how this limit is picked because I might be able to strategically take advantage of it when determining my max bid to know what someone else might have to bid in order to win the item from me.

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Question should be close as there is no longer an auction house for diablo 3. –  z ' Mar 18 at 15:31
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Question should not be closed. See this answer to your own meta question about D3. –  Billy Mailman Mar 18 at 15:55

1 Answer 1

up vote 22 down vote accepted

The minimum bid for any item is always 5% more than the current bid. This way, as the price increases, you don't have people nickel and diming their way to victories bidding 100 more gold on top of your 1-million gold bid. If they really want to take that 1 million gold item from you, they're going to have to put up a significant chunk of change (in this case, 50,000).

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good answer! I've been wondering for a while. –  troll Jun 18 '12 at 10:29
    
Plus there is a min price for buying (at least commodities) on the AH. Gems can't be bought for under 100g (IIRC). –  Holger Jun 18 '12 at 12:42
    
@Holger: I have seen "average of last 10 purchases" for gems below 100g. I don't think there's a minimum, I think people just snatch up gems when they hit 100g and relist them right away at a higher price. –  BlueRaja - Danny Pflughoeft Jun 18 '12 at 16:26
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You have to spend at least 100g in a single transaction on gems, but the price per gem can be under 100g. –  jwaddell Jun 18 '12 at 22:51
    
I should've been clearer, the total transaction has to be over 100g as @jwaddell pointed out. –  Holger Jun 19 '12 at 8:15

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