Quote:
Originally Posted by Aquarian Sports Cards
The two trains of though in the auction world are:
1. Lower increments encourage more bidders to participate and also make it less painful to extend one's self above what was originally planned.
2. Higher bid increments net bigger totals because if you want it at the end you are going to have to pay the bigger jump.
I lean towards #1 personally.
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I've been thinking about increments (because I have to have SOMETHING to think about, right?) and I'm wondering if higher bid increments also may contribute to more early bidding. I'm very inexperienced in the AH world, but if I had really been on my game for the Leland's auction, I would have put in an early autobid up to the $76 level to "claim" that bid first. Since the increments in this case seemed to have dissuaded any bidding above that level, it would pay to be the first in the door at that level. This only works if the increments remain consistent for all bidders (which based on others posting in this thread, isn't always the case).