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Old 06-06-2007, 11:35 AM
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Default Mastro & Other auctions..why the 10% bid increments??

Posted By: Tom Boblitt

about 10% increments, it is a fair amount, like Barry said, till a certain threshhold is hit to go to 5%. Unfortunately, with max bids, the 10% can go rather quickly. I think the 5% above $5-$10K seems very fair.

As a consignor of items that have been above the $10K mark, I'd be happier with 25% increments. Just joking.....

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