calculating auction payment question
 

Posted By: <b>Dan Lundrigan</b><p> My question is this,is it common practice for auctioneers to figure in the shipping cost with the final auction price before adding the buyers premium and sales tax?<br> My other question when I view the item I won online it says 1 bid &quot;my opening bid&quot; but I am being charged for my max bid amount?Since it was an absentee bid I placed,could bids have been placed in person at the auction that I do not know about therefore driving up my final price? How does one know the auctioneer doesn`t just bill you for your max bid even if there were no bids placed in person?This is the first time I placed an absentee bid so I have a few questions about how it all works.<br><br>Just to add: It is not a lot of money I am talking about and it does not involve any members here.Mostly general questions I have.<br><br><br><br><br> Leon sorry if my post is a bit too o/t please lock it or delete.

calculating auction payment question
 

Posted By: <b>barrysloate</b><p>An auctioneer, or more precisely auction software, is only supposed to execute a ceiling bid as necessary. If no real bidder pushes you to your maximum bid, then you should win a lot for less than that amount. Unfortunately, it doesn't always work that way as some bids are illegally shilled up.<br><br>As far as postage is concerned, it is usually an estimate of what it will cost to ship your lots. Sometimes it may be a little more than that.