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#25
09-25-2009, 12:36 AM
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Peter -- the answer is yes, the consignor has to pay the buyer's premium (and any other applicable commissions) if they win their own card, assuming they can bid in the first place. (And if they can't, as Exhibitman said, a surrogate can do it for them.) However they may still come out ahead if, say, they have to eat the BP on 2 lots but can successfully shill 3 others into the stratosphere.
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