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Old 03-25-2018, 02:04 AM
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Ben
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Join Date: Sep 2017
Location: Chicago
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Quote:
Originally Posted by glchen View Post
Interesting thing about this auction lot to me is that they accept cryptocurrency like bitcoin as payment. I had not seen that before from an auction house.
So the seller is swapping investments-card for crypto?? I would be doing the opposite. It had to have been a take-it-or-leave-it condition for Heritage to accept those terms. Unprecedented. Seller must have signed a contract to agree to cough up seller's premium in USD as a reimbursement. Since crypto is peer-to-peer this is the only way it could work. Buyer pays seller direct, no middleman. If it's a state with HA sales tax collected this is going to be even more complicated. How in the heck would HA deal with the buyer premium though? I bet HA is praying they get a buyer who pays USD.
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