Thread: Mastro & Other auctions..why the 10% bid increments??
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Old 06-06-2007, 10:53 AM
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Default Mastro & Other auctions..why the 10% bid increments??
Posted By: barrysloate

I think what he means is if he bids $100 and gets topped, he has to come back at $121. With the 20% vig, that's $120 vs. $145. Not quite 30% though.

Many auctions, including my new one, drops to a 5% increment above a certain point, say at 10K.

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