What is the minimum amount for place payments?

When adding a 'place payment' (e.g. 2nd place) the minimum prize amount is $100.  Designs awarded 2nd place will have their files and any copyright transferred to the client as if they were awarded 1st place. A 2nd place must be of sufficient value to compensate the designer for the purchase.

Note that a designer may choose to reject a second place payment if they don't want to transfer copyright for that amount in which case the client can be refunded for the 2nd place payment, or they may increase the prize amount to acquire the design.