The Leon Luckey Type Card Collection � Bidding Ends on Thursday - August 13, 2015

Peter_Spaeth · #1 08-18-2015, 02:36 PM

For the 100,001st time, a buyer's premium is meaningless except to the consignor.

begsu1013 · #2 08-19-2015, 11:13 AM

Quote:

Originally Posted by Peter_Spaeth

For the 100,001st time, a buyer's premium is meaningless except to the consignor.

there's a reason you've had to say this 100,001 times, peter.

go ahead and regurgitate it another 100,001 times and you'll still be wrong.

the dress is white and gold.

Peter_Spaeth · #3 08-19-2015, 11:15 AM

Quote:

Originally Posted by begsu1013

there's a reason you've had to say this 100,001 times, peter.

go ahead and regurgitate it another 100,001 times and you'll still be wrong.

Any intelligent bidder understands this, I am not sure why you don't Bob. But to repeat what Tom just said, and what has been said countless times, take the fee into account when deciding how much you want to bid. It's that simple. It affects the consignor not the bidder.

begsu1013 · #4 08-19-2015, 11:24 AM

Quote:

Originally Posted by Peter_Spaeth

Any intelligent bidder understands this, I am not sure why you don't Bob. But to repeat what Tom just said, and what has been said countless times, take the fee into account when deciding how much you want to bid. It's that simple. It affects the consignor not the bidder.

I have no interest in arguing w/ an intelligent collector that has to repeat something 100,001 times yet nothing resonates. w/ that being said it would be utterly useless to even tap in on your "it only effects the consignor" theory.

let's repeat one of you favorite quotes: for a man only hears what he wants to hear, right?

Peter_Spaeth · #5 08-19-2015, 11:27 AM

I give up Bob. Others will have to educate you.

begsu1013 · #6 08-19-2015, 11:33 AM

thank you. and let's keep in mind, i never signed up for your class.

darwinbulldog · #7 08-19-2015, 03:42 PM

Anybody get their shipping refund yet? Anyone know if it's supposed to be credited back to PayPal (for those of us who paid with PayPal) or if it's just "store credit"? Or something else?

ls7plus · #8 08-19-2015, 06:01 PM

Quote:

Originally Posted by Peter_Spaeth

Any intelligent bidder understands this, I am not sure why you don't Bob. But to repeat what Tom just said, and what has been said countless times, take the fee into account when deciding how much you want to bid. It's that simple. It affects the consignor not the bidder.

Absolutely +1.

Right on, Peter.

Highest regards,

Larry

begsu1013 · #9 08-19-2015, 09:26 PM

Quote:

Originally Posted by ls7plus

Absolutely +1.

Right on, Peter.

Highest regards,

Larry

-1

Econteachert205 · #10 08-19-2015, 09:36 PM

On the topic of buyers premium:

I do agree that as a buyer you simply factor this into your final price before hand as a matter of fact. That still doesn't mean that as a buyer I don't think about the size of the buyers premium. For instance I would rather have a 10 percent buyers premium rather than 20. Before you tell me the item in the 10 percent premium auction will simply sell for 10 percent more in the final bidding, as a former worker at an auction let me just say NO, NO. I worked at a general antiques auction with a flat 10 percent buyers premium. I also went regularly to auctions in the same area with higher buyers premiums at 15-20 percent. The prices almost never correlated in terms of factoring in buyers premium, often the same item would sell for the same exact price in both auctions. Given that wouldn't you rather start out 10 percent in the hole as opposed to 20?

Orioles1954 · #11 08-19-2015, 10:06 PM

I've seen it happen time and time again. In the heat of auction battles, the sense of a buyers premium often goes out the window.

4815162342 · #12 08-19-2015, 10:11 PM

Quote:

Originally Posted by Econteachert205

On the topic of buyers premium:

I do agree that as a buyer you simply factor this into your final price before hand as a matter of fact. That still doesn't mean that as a buyer I don't think about the size of the buyers premium. For instance I would rather have a 10 percent buyers premium rather than 20. Before you tell me the item in the 10 percent premium auction will simply sell for 10 percent more in the final bidding, as a former worker at an auction let me just say NO, NO. I worked at a general antiques auction with a flat 10 percent buyers premium. I also went regularly to auctions in the same area with higher buyers premiums at 15-20 percent. The prices almost never correlated in terms of factoring in buyers premium, often the same item would sell for the same exact price in both auctions. Given that wouldn't you rather start out 10 percent in the hole as opposed to 20?

I don't think your experience at a general antiques auction is comparable to a big sports AH.

For goodness sakes, with easy-to-use sites like Heritage, which display the bid amount w/BP right next to the bid amount, how can anyone be confused about this?

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