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View Full Version : Lelands Auction Change



ousooner_85
10-08-2017, 07:13 PM
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
10-08-2017, 08:53 PM
I agree 100% and feel this should be the industry standard.

sherbal15
10-08-2017, 09:03 PM
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!!