Bidder

Definition and stakes

John Nichols,  Biographical Anecdotes of William Hogarth…

“ That every bidder sign a note with the sum he intends to give. That such note be deposited in the drawer of a cabinet, which cabinet shall be constantly kept locked by the said William Hogarth; and in the cabinet, through a glass door, the sums bid will be seen on the face of the drawer, but the names of the bidders may be concealed till the time of bidding shall be expired. [Pg 278] That each bidder may, by a fresh note, advance a further sum if he is outbid, of which notice shall be sent him. That the sum so advanced shall not be less than Three Guineas. ”
Source: Gutenberg

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