The buyer's premium is the cut of the auction that goes to the house. It affects the consignor, not the buyer. The higher the premium, the less percentage of the final price the consignor gets. It never ceases to amaze that people do not understand this.
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Four phrases I nave coined that sum up today's hobby:
No consequences.
Stuff trumps all.
The flip is the commoodity.
Animal Farm grading.
Last edited by Peter_Spaeth; 04-21-2018 at 11:47 AM.
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