Auction house bid increment thoughts
I guess I never paid attention but didn't realize until tonight that Memory Lane caps the bid increase at $1,000, even on six figure auctions. Every other site I can think of either has a 5% or 10% jump. Are there other major sites with a similar rule to that on Memory Lane? Any thoughts on what the rest of you prefer, or which is better for the buyer or consignor?
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Successful transactions with peter spaeth, don's cards, vwtdi, wolf441, 111gecko, Clydewally, Jim, SPMIDD, MattyC, jmb, botn, E107collector, begsu1013, and a few others.
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