Goldin Increasing Buyer's Premium

[mrreality68]

Originally Posted by Rhotchkiss

Yes. Its very common. Not so much in cards, although some do. But you bet that many AHs selling historical and entertainment items require this, and I expect all card AHs will require proof of ability to pay over a certain minimal amount. And the should.

If I understand DJ's issue, it seems the issue here is that with Goldin, each bid placed is cumulative, so that you hit your $10k limit after placing a number of initial placeholder bids and do not have "capacity" until you are outbid and your aggregate bid amount goes below $10k. I do understand why this is the case -- $10k is $10k, whether one card or 100, but I also see why/how its annoying.

+1 agree I have had several ask for my bank info for high bidding limits especially on higher end cards