Higgins and Scott Auction bid increments good for the buyer, bad for the consigner

[jayshum]

Here are the bid increments for REA. Some differences but still fairly comparable up to $5000. Then REA jumps to $250 while Huggins and Scott stays at $100.

Minimum Value Maximum Value Bid Increment
from US $ 0 to US $ 99 US $ 5
from US $ 100 to US $ 199 US $ 10
from US $ 200 to US $ 999 US $ 25
from US $ 1000 to US $ 1999 US $ 50
from US $ 2000 to US $ 4999 US $ 100
from US $ 5000 to US $ 9999 US $ 250
from US $ 10000 to US $ 24999 US $ 500
from US $ 25000 to US $ 49999 US $ 1000
from US $ 50000 to US $ 99999 US $ 2500
from US $ 100000 to US $ 499999 US $ 5000
from US $ 500000 to US $ 999999 US $ 10000
from US $ 1000000 and above 5%

[UKCardGuy]

I find that large bid increments actually hinder bidding.

I've stopped bidding on items many times because the minimum increment is large enough that it's not viable for another bid. If the increment was smaller, I might have had one more bid.