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Old 03-13-2007, 11:58 AM
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Default What do consignors want from an auction house?

Posted By: barrysloate

Jim has the best idea- find the auction house that is best at spooning out creases!

I do agree that to me as a bidder the buyer's premium is irrelevant- if I am willing to spend $1000 I'll keep my bid in the $800-850 range. And I know every consignor wants more money in his pocket and less in the auction house's pocket, and that's natural. But you know what? The auction house has to make a living too. If I had to slash all the commissions I had to charge all my consignors I think at some point I would just quit the catalog altogether and do everything on ebay. Getting even a small auction together like mine takes time and costs money. Everyone may complain about Mastro raising their BP to 20%, but did you ever turn to the back page and look at their company roster? They've got forty mouths to feed!

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