increase in auction buyers premium

[Taxman]

Probably the reason for PWCC and Probstein's following(lack of hammer fees).

[ALR-bishop]

As strictly a buyer I do not care what premium is applied on the sale, only that I know what is is up front so that I can factor it into the price I am willing to pay for the item. I get more annoyed by unstated/unexpectedly high shipping/insurance charges

[Rob D.]

Originally Posted by ALR-bishop

As strictly a buyer I do not care what premium is applied on the sale, only that I know what is is up front so that I can factor it into the price I am willing to pay for the item. I get more annoyed by unstated/unexpectedly high shipping/insurance charges

Exactly. The people who should be most concerned about high buyer's premiums are consignors.

[Stonepony]

20% will definitely make me take pause when considering next consignment. There are other options out there for sure.

[Peter_Spaeth]

Originally Posted by ALR-bishop

As strictly a buyer I do not care what premium is applied on the sale, only that I know what is is up front so that I can factor it into the price I am willing to pay for the item. I get more annoyed by unstated/unexpectedly high shipping/insurance charges

It continues to amaze how many people do not understand this.

[iowadoc77]

Ah, the "juice." Making unaffordable cards even more unaffordable since its inception. By the time you buy a $100 card, it's $120, but no wait, it may be as high as $140 after shipping, heck of a deal.

[darwinbulldog]

And here I was thinking how great it was that I was picking up $100 cards with $75 bids.

[GregMitch34]

Yes, I agree, so many people don't "get" that actually bid price in most cases is 20% below final price...that's why VCP and others always use final price and it almost always matches the non-auction values...

[rdwyer]

I agree. The ones who suffer the most are the consigners. They would get more, if it wasn't for the hammer price, etc.

[pokerplyr80]

I live in CA, so sites like heritage and memory lane have an effective 30% premium with tax (8.5%) and shipping added in. It makes it hard to compete with guys bidding in states with no sales tax.

[iowadoc77]

Originally Posted by pokerplyr80

I live in CA, so sites like heritage and memory lane have an effective 30% premium with tax (8.5%) and shipping added in. It makes it hard to compete with guys bidding in states with no sales tax.

sounds like you need a PO box in another state to "play the game"
just joking of course, but that is a crappy deal

[bcornell]

Originally Posted by pokerplyr80

I live in CA, so sites like heritage and memory lane have an effective 30% premium with tax (8.5%) and shipping added in. It makes it hard to compete with guys bidding in states with no sales tax.

I believe from talking to someone at Heritage that *all bidders* will be charged sales tax. If not now, then very soon. They'd prefer to charge the buyers than to get in fights with individual states that want to collect.

In other words, we'll all get to suffer together.

Oh, and the point about consignors getting the short end of the stick with these increases is exactly right.

[h2oya311]

Originally Posted by Peter_Spaeth

It continues to amaze how many people do not understand this.

+1

[darwinbulldog]

+0.2

[OldEnglishD]

Originally Posted by darwinbulldog

+0.2

I see what you did there.

[frankbmd]

One would think that the hammer price for an item in a 0% Buyer's Premium auction would be about 20% higher than the hammer price for the same item in a 20% Buyer's Premium auction................


but then again that would presume that all bidders are thinking.

[vintagehofrookies]

Originally Posted by Taxman

Probably the reason for PWCC and Probstein's following(lack of hammer fees).

they both have hammer fees. PWCC's are just as bad as the major AH's. At least Probsteins are reasonable