Quote:
Originally Posted by Bliggity
That's right. Heritage has a 19.5% buyer's premium that gets added to the winning bid. So, if you bid $55,000, you are actually agreeing to pay $55,000 x 1.195, or $65,725. Most auction houses have a buyer's premium of somewhere between 15-20%.
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Quote:
Originally Posted by Bored5000
Not Bliggity, but yes is the answer to your question. All action houses charge a buyer's premium on top of the price. With most auction houses, the BP is around 18-20 percent, though some of the smaller auction houses have 12-15 percent BPs.
If you are buying a card through an auction house, you have to keep the BP in mind when deciding how much you are comfortable bidding.
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Thanks guys.
I knew there were fees, but had no idea they were that much.
So in reality, if you paid the $65,000 total, all fees in and wanted to or had to sell the card in a month or two, would you list/reserve it for the $65,000 you paid or the $55,000 that it is actually worth? (Rounding numbers only)
Also, if it gets listed in VCP, is the $55,000 price the one that gets entered or the $65,000, total cost amount?
02-12-2016, 09:24 PM
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