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#11
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Anyone have any feelings on minimum BPs? I know that Heritage has long charged a minimum BP ($19 last I checked) and I see that Goldin charges $19 too. Do you think that the other members of the oligopoly going to turn to this as a mechanism for raising BP on sub.-$100 items without formally raising BP on lower priced?
I stopped bidding on sub-$100 items in Heritage because of the minimum BP. A friend sent me a note about a Goldin lot that had a $10 minimum bid but an effective price of $35+ to me ($19 BP, $6 shipping, $0.90 insurance, plus sales tax), so I didn't bid.
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