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Originally Posted by Fballguy
So being told you're going to be raped makes the rape better?
Not talking about Heritage here...but the industry as a whole. The buyers premium is rape. No other way to describe it. If the government imposed a 20% sales tax in this country, I wonder if you'd all be so cool with it?
What does the 20% cover? It's not doing the sellers any favors. I'm surprised more auction houses haven't taken the step of offering a greatly reduced or better yet...gasp...no buyer's premium.
And shipping charges...$15 for two pennants from a familiar auction house doesn't seem that bad....until they arrive.
I have limited experience in dealing with auction houses...maybe a half dozen purchases in the last year and a half. But so far I'm not impressed and the disappointment isn't limited to just one. Half assed-ness and mediocrity seem to be key components of the mission statement for a large part of the industry.
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How do you suppose auction houses stay in business without charging a buyers premium...seeing as many waive the sellers premium?