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Old 10-18-2007, 11:32 AM
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Default Better Bidding Practice on Huggins & Scott Auction

Posted By: Ted Zanidakis

Exactly the point I have been trying to make on numerous posts on this Forum these past two years

Not only does....COMPOUNDED....10% bidding double the starting bid every 7 bids....it quadruples the
starting bid every 14 bids. Then, as you have clearly shown....it is FURTHER COMPOUNDED when they
include the "juice".

I've bid on several lots on this Huggins & Scott auction (which ends today and tomorrow); and, I was
pleasantly surprised to see that this auction has fixed bidding increments (as in Ebay)....that are con-
siderably less than the usual 10%.

This bidding feature will certainly motivate me to participate more in their auctions. I have stopped
bidding in any auction that requires 10% bidding increments.

TED Z

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