Did Heritage Change Their Bidding Increments?

[Rhotchkiss]

I am pretty sure the bidding increments in Heritage's current auction are 50% what they had previously been. Is this accurate, and if so, any idea why the change? (its reeking havoc on my spreadsheet!)

[sb1]

Yes, last week.

[Rhotchkiss]

Thanks Scott. Any idea why? Do they think it encourages more bidders? I liked the old increments, especially from $5k and up - now it just takes forever for more expensive cards to be where they should be, which hurts considering the lot by lot closing.

[sb1]

I believe so, to encourage more bids and yes it might drag out a few lots at the end. But..I imagine nearly every lot will end at the same amount as it would have, might just take a little longer to get there.