
What am I bid?
Auction Setting
Used in auctions to prompt participants to offer their opening bids or raise the bid.

The rare coin collection was next, and the auctioneer asked, 'What am I bid?'
Expecting Response
Auctioneers expect an immediate monetary response from bidders after saying this.

'What am I bid for this vintage car?' the auctioneer called out, and hands shot up.
Encourages Competition
Spurs competition among bidders to increase the price.

As the auctioneer said, 'What am I bid?', the room's energy surged with competitive bids.
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