I put this as an update in my original post above, but wanted to also put it in it’s own post:
After further thought and experimentation, Carol has decided to go back to selling through DPW auctions. She found her prices end up being higher with auctions. It is important to keep in mind that Carol has developed a large following over the years and so there are usually several bidders competing on each auction.
On another, but related, topic, I quietly increased the minimum bid increments a couple weeks ago. Here’s what that means. The minimum bid for an auction is calculated by DPW to be the current bid plus a minimum bid increment that is based on the size of the current bid. I originally based DPW’s minimum bids on eBay’s, however I recently became convinced that the increments were too low for fine art auctions and increased them.
The end result from this increase is that bidding will increase in amount faster than before, which is something I am seeing on the active auctions page. This will, in the aggregate, increase the final size of winning bids.