Quote:
Originally Posted by Fballguy
I can't believe how many of you are fooled by this. Or maybe you have friends in the business...or maybe you are in the business.
If it was an even exchange each and every time...The high bid is the high bid regardless of BP or not....then answer my question. Why confuse the situation with a buyer's premium instead of just taking 20% off the high bid at the end?
|
Because a 20% buyers premium means I only pay a 16 2/3% consignment fee. And if my consignment is nice enough i can negotiate part of the BP as well. This is better than the AH taking 20% of the final price. And in a few rare instances that you keep bringing up some people actually forget about the bp all together, so I would get an extra 20% for my consignment.
The first priority for an auction house should be getting quality consignments. Collectors will bid from anyone who has the stuff they want. If you dont believe that read the candiman thread.
__________________
Successful transactions with peter spaeth, don's cards, vwtdi, wolf441, 111gecko, Clydewally, Jim, SPMIDD, MattyC, jmb, botn, E107collector, begsu1013, and a few others.
|