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  #1  
Old 01-17-2016, 06:52 PM
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Eric Bea.chley
 
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Originally Posted by HotSpringsBaseball View Post
Obviously we don't all agree on what incremental increases work best, but I think we can all agree on one thing... Eric believes higher increments are best and it all works out in the end!
Not exactly. I disagree with the premise that smaller increments leads to higher ending values. I believe that for any particular auction, at times the smaller increment creates a higher ending value at at other times the higher increment creates a higher ending value.

But an advantage to higher increments, as others have said, is that it creates less "last-minute" bids which allows auctions to end earlier.
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Old 01-17-2016, 07:19 PM
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10 percent makes a different strategy. With higher value lots, you might want to do a top all bids up to a certain price point. Then you know if you lose the "bidding war" the winning bidder paid up for it. I think Hal Lewis and I had a nice debate on that 15 years ago 😃
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Old 01-17-2016, 10:01 PM
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Originally Posted by BeanTown View Post
10 percent makes a different strategy. With higher value lots, you might want to do a top all bids up to a certain price point. Then you know if you lose the "bidding war" the winning bidder paid up for it. I think Hal Lewis and I had a nice debate on that 15 years ago 😃
I don't really have an opinion either way on which is better, but it certainly did change the bidding pattern for the card I was watching/bidding on. The price jumped about 100% on the last day. Cards in this range seem to get bid up a lot faster with 10% increments, sometimes hitting the final hammer price days before the auction closes.
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Old 01-18-2016, 12:47 AM
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A general pattern on many auction lots. This is the bidding action.

Day 1 25%
Day 2-13 50%
Last day. 25%
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Old 01-19-2016, 09:37 AM
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A general pattern on many auction lots. This is the bidding action.

Day 1 25%
Day 2-13 50%
Last day. 25%
I would agree this is pretty close to the way it happens many times.
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Old 01-19-2016, 09:38 AM
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I prefer bid increments that are decided upon by non felons
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Old 01-19-2016, 09:39 AM
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I prefer bid increments that are decided upon by non felons
I prefer low increments....
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Last edited by Leon; 01-19-2016 at 12:51 PM. Reason: a nicer response....
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