Lelands Auction Change

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  • ousooner_85
    Senior Member
    • Aug 2012
    • 312

    Lelands Auction Change

    I noticed that Lelands Auctions will now end on a lot by lot basis with the extended 30 min rule. Personally, I'm a huge fan of this format.

    With this style, I can better allocate my funds on multiple auctions. As some lots get bid past my max, I can redistribute that money onto other lots I'm interested in, often spending more than my original max because of the additional funds that I now know I have available.

    The auctions that close all at once ending from 1 a.m. until the early morning, ultimately leave money on the table for sellers and frustrated collectors with money in their pockets.
  • Wrigley2010
    Senior Member
    • Sep 2010
    • 996

    #2
    Re: Lelands Auction Change

    I agree 100% and feel this should be the industry standard.

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    • sherbal15
      Senior Member
      • Feb 2015
      • 214

      #3
      Re: Lelands Auction Change

      Originally posted by Wrigley2010
      I agree 100% and feel this should be the industry standard.
      Huge fan of this. Makes a lot of sense and is a very bidder friendly rule. Some of these auctions last 3-4 weeks, that is plenty of time for exposure. Buyers and sellers want their items and money asap!!

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