Quote:
Originally Posted by bobbyw8469
I did find something in my wheelhouse that I was able to bid on (A higher dollar item), but I'm being 100% sincere. When you have an opening bid of $50, to have the next increment be $75 is a HUGE jump, especially when the item is a lower dollar item to begin with anyway.
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As a bidder, I like this type of auction. It allows someone to 'perch' on the highest feasible ledge and allows for a nice gain if you want to flip the card. IE, if the card is worth $75, you 'perch' on $50, pay the 20% premium, and get a nice $15 savings on the card since nobody would pay $75+20% on something that's only worth $75.
As a consignor, I'd never list my cards with an auction house that had large 'perches' like this. Sorry, Craig.