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  #1  
Old 04-21-2018, 11:33 AM
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Quote:
Originally Posted by Bliggity View Post
Yeah, I'm sure there is a rape survivor on an internet chat board somewhere, explaining that being raped made her feel like she had to pay a 20% buyer's premium in a baseball card auction.
Good old overly sensitive Mr. Literal has entered the forum...box of kleenex in hand no doubt.
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Old 04-21-2018, 11:43 AM
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I've made three large (for me) purchases from Auction Houses. REA twice and Heritage once.... and I always knew exactly how much I was going to be paying with each bid. It's not difficult, the AHs tell you how much they charge.

But if you think that a Buyer's Premium is so unfair, stick to eBay.
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  #3  
Old 04-21-2018, 11:47 AM
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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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Old 04-21-2018, 11:54 AM
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Originally Posted by Peter_Spaeth View Post
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.
Personally, I wish they would do away with it in terms of bidding. As a bidder I hate having to mentally factor in the buyer's premium before I bid. Heritage shows you the total just below your bid amount. Not all auction houses do. I would just prefer to let my bid be the final price and let them do the math behind the scenes.

But I get why they do it and understand it won't change.
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Old 04-21-2018, 11:58 AM
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Originally Posted by Jenx34 View Post
Personally, I wish they would do away with it in terms of bidding. As a bidder I hate having to mentally factor in the buyer's premium before I bid. Heritage shows you the total just below your bid amount. Not all auction houses do. I would just prefer to let my bid be the final price and let them do the math behind the scenes.

But I get why they do it and understand it won't change.
How hard is it to add 20 percent in your head or with a calculator? Much ado about nothing IMO.
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Old 04-21-2018, 12:01 PM
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Originally Posted by Peter_Spaeth View Post
How hard is it to add 20 percent in your head or with a calculator? Much ado about nothing IMO.
If I am tracking multiple items and constantly looking at one figure then adding 20% and moving on to the next, it can get confusing. Maybe some of us are not as great at math and memory. It's not a big deal. I just wish it wasn't a necessary step personally.
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Old 04-21-2018, 12:09 PM
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Originally Posted by Peter_Spaeth View Post
How hard is it to add 20 percent in your head or with a calculator? Much ado about nothing IMO.
Another wrinkle that is easy to miss is that sales tax is calculated AFTER buyers premium and NOT on the actual bidding price.
This would be an easy way for people to mentally mix up how much they are paying.
Which ends meaning California residents need to add ~30.21% in their head vs. bid price.
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Old 04-21-2018, 12:19 PM
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Originally Posted by Peter_Spaeth View Post
How hard is it to add 20 percent in your head or with a calculator? Much ado about nothing IMO.
The defense of the BP here is mind boggling...How dare anyone infringe upon your right to be ripped off!
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Old 04-21-2018, 12:22 PM
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Originally Posted by Fballguy View Post
The defense of the BP here is mind boggling...How dare anyone infringe upon your right to be ripped off!

How is it being ripped off if you fully know it is going to happen? If you don’t like, buy somewhere else. Plenty of non BP options out there.
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Old 04-21-2018, 12:29 PM
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Originally Posted by Fballguy View Post
The defense of the BP here is mind boggling...How dare anyone infringe upon your right to be ripped off!

Now the buyers premium is deserved. Auction houses are not a free service. eBay charges the the seller and after the eBay price premium and PayPal cut... what hairs are we splitting.

That said, they come up economically the same and if buyers aren’t factoring in the buyers premium and possible taxes in an auction, then that’s the buyer’s fault!

Last edited by joshuanip; 04-21-2018 at 12:31 PM.
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Old 04-21-2018, 12:43 PM
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The defense of the BP here is mind boggling...How dare anyone infringe upon your right to be ripped off!
I have a right to be ripped off? Constitutional attorneys please explain
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  #12  
Old 04-21-2018, 12:10 PM
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Originally Posted by Peter_Spaeth View Post
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.
Lol...It doesn't affect the buyer the same way sales tax doesn't affect the buyer, right?
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Old 04-21-2018, 12:15 PM
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Originally Posted by Fballguy View Post
Lol...It doesn't affect the buyer the same way sales tax doesn't affect the buyer, right?
Only if you don't understand it. Otherwise, no, it doesn't, it's just part of the bid calculation. For anyone who understands it, the BP is a matter of indifference -- it could be zero or it could be 50 percent.
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Last edited by Peter_Spaeth; 04-21-2018 at 12:16 PM.
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Old 04-21-2018, 11:47 AM
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Heritage is very straight forward. Do the fees suck? Yes. But they are part of it.
Can’t imagine the words the op would have used had a multi- thousand dollar card been purchased. Very unfortunate comparison and use of words. Come on. No comparison between rape and a fee on a baseball card auction.
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Old 04-21-2018, 11:49 AM
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Originally Posted by Fballguy View Post
Good old overly sensitive Mr. Literal has entered the forum...box of kleenex in hand no doubt.
Watch out for political comments. I am guessing some conservatives thought what he did too. But regardless, let's keep politics out of here.
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Old 04-21-2018, 11:55 AM
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That's why eBay has been popular over the years because they don't have a buyer's premium what you see is what you pay. They have major flaws on eBay and are always making asinine changes but have consistently not impose the buyer's premium on people. I'm sure everyone on here has bought or sold on eBay at some point and it's been nice not to have to pay 20% buyer's premium on eBay. Once they wise up and start thinking about charging a buyer's premium then everybody will be complaining about that.
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Old 04-21-2018, 11:58 AM
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I also want to add my name to the list of people who find the title of this thread offensive.

It needs to be changed!

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Old 04-21-2018, 12:17 PM
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That's why eBay has been popular over the years because they don't have a buyer's premium what you see is what you pay. They have major flaws on eBay and are always making asinine changes but have consistently not impose the buyer's premium on people. I'm sure everyone on here has bought or sold on eBay at some point and it's been nice not to have to pay 20% buyer's premium on eBay. Once they wise up and start thinking about charging a buyer's premium then everybody will be complaining about that.
I regularly compare sale prices between eBay and auction house results and I'm amazed at how much people over pay for items in auction. I was watching some complete sets in a few recent auctions and lost interest when I realized I could get the sets much cheaper on eBay. It's like some people don't know eBay exists...or think they can only get a good item if they pay through the nose for it.
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Old 04-21-2018, 09:13 PM
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Originally Posted by Fballguy View Post
I regularly compare sale prices between eBay and auction house results and I'm amazed at how much people over pay for items in auction. I was watching some complete sets in a few recent auctions and lost interest when I realized I could get the sets much cheaper on eBay. It's like some people don't know eBay exists...or think they can only get a good item if they pay through the nose for it.
Your experience not withstanding - I buy A LOT from both ebay and auction houses and there are plenty of "better deals" I have gotten from auction houses and plenty of incredibly higher than market prices I have seen on ebay - neither always the case, but truly a mix - even after all AH fees
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Old 04-22-2018, 05:01 AM
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Originally Posted by Fballguy View Post
I regularly compare sale prices between eBay and auction house results and I'm amazed at how much people over pay for items in auction. I was watching some complete sets in a few recent auctions and lost interest when I realized I could get the sets much cheaper on eBay. It's like some people don't know eBay exists...or think they can only get a good item if they pay through the nose for it.
Ebay is also a scammers paradise. Obviously, there are many honest and ethical sellers (and buyers) on eBay, but the chances of getting outright scammed by a reputable auction house is pretty small, compared to the numbers of outright scammers that operate with impunity on eBay,
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Old 04-22-2018, 08:29 AM
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Ebay is also a scammers paradise. Obviously, there are many honest and ethical sellers (and buyers) on eBay, but the chances of getting outright scammed by a reputable auction house is pretty small, compared to the numbers of outright scammers that operate with impunity on eBay,
Yeah but they are ez to spot, we make fun if them all the time here..and ebay does have buyer protection which has helped before.

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Old 04-22-2018, 09:55 AM
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This is one of the dumbest arguments I’ve ever seen on N54 and that is saying something.

To everyone bitching about sales taxes: you aren’t being victimized or disadvantaged as compared to others. Everyone is supposed to pay either sales tax the AH or seller collects or use tax that you the buyer remit. It is strictly a timing issue. If your state has sales tax and you don’t pay either sales or use tax you are just a tax cheat.

As for BP, lots of dumb to go around. First, how do you think an AH gets paid? Commissions or BP. It is the same either way, just a question of methodology. You see BP but not commission. Second, even if you find it intellectually challenging to add 20% to your bid, which most people did not, Heritage actually shows the BP in every listing as you bid. Third, if you think you don’t pay on eBay you need to read a bit. Roughly speaking eBay charges 10% and PayPal another 3% on the final price and the shipping. You don’t notice it because it isn’t on the page but you pay it: many sellers set the BIN or opening bid accordingly. Finally, this isn’t a liberal snowflake issue, it is math. Basic algebra any kid in 6th grade learns. Which is one of the things sales taxes fund. So pay your taxes and stop whining and freeloading.
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Old 04-22-2018, 10:35 AM
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Ebay is also a scammers paradise. Obviously, there are many honest and ethical sellers (and buyers) on eBay, but the chances of getting outright scammed by a reputable auction house is pretty small, compared to the numbers of outright scammers that operate with impunity on eBay,
Been on eBay since 1998-99, literally thousands of transactions and maybe 2-3 that went badly. That's 3 in about 20 years.

Six transactions with auction houses and 3 went badly. That's 3 in about a year.

If you get scammed on eBay, 99% of the time it's shame on you.
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Old 04-21-2018, 12:06 PM
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Watch out for political comments. I am guessing some conservatives thought what he did too. But regardless, let's keep politics out of here.
I'm thinking you thought I said "Liberal"? I said "Literal":

adjective
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Old 04-21-2018, 12:27 PM
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I'm thinking you thought I said "Liberal"? I said "Literal":

adjective
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Yeap, I can't see my computer screen. Now quit getting all literal. (says Emily Litella, Gilda Radner)
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Old 04-21-2018, 05:27 PM
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When I place a bid with Heritage it shows my bid plus it shows the cost with BP. So I guess I’m lost on how someone can be confused on the what the total will end up. I’m pretty sure I don’t have a magic computer and it’s the same for everyone.
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Old 04-21-2018, 05:31 PM
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When I place a bid with Heritage it shows my bid plus it shows the cost with BP. So I guess I’m lost on how someone can be confused on the what the total will end up. I’m pretty sure I don’t have a magic computer and it’s the same for everyone.

You got 0 sales tax and free shipping? Where do you live?
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Old 04-21-2018, 05:35 PM
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No sales tax is what it is. But just add a rough 10% puts you in the ballpark. I’m talking Heritage shows you what your bid is and what the cost is with BP before you even confirm the bid.
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Old 04-21-2018, 07:11 PM
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You got 0 sales tax and free shipping? Where do you live?
He lives in the bizarro anti-geico land of misfits who get off on paying more.

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Old 04-21-2018, 12:38 PM
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So you can define "literal" with the help of an internet dictionary, but you can't seem to see the difference between informed consent (the practice of the auction house) and the analogy used in the title. And for your error or inability, everyone who disagrees with you gets the pleasure of being accused of being either old, sensitive, or "literal." (None of those things are de facto bad, by the way.) When in fact it is your mistake all along.

As someone who counsels assault survivors, the analogy is gross. But even if you think it isn't, it is just the wrong analogy. Your choice on which one you want to defend. Now, back to complaining about terms clearly noted by auction houses...

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I'm thinking you thought I said "Liberal"? I said "Literal":

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Old 04-21-2018, 12:09 PM
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Some of you folks criticizing the OP for the use of the word rape really need to look up the definition of rape.

Hint - the word has several other meanings other than the act of an unconsented sexual assault - e.g. rape the land.

I'm not defending hthe OP and surely he should have considered the BP, taxes, shipping and etc, but if he feels violated (and I don't agree that we was), then rape is definitely an appropriate choice of words.
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Old 04-21-2018, 12:31 PM
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Some of you folks criticizing the OP for the use of the word rape really need to look up the definition of rape.

Hint - the word has several other meanings other than the act of an unconsented sexual assault - e.g. rape the land.

I'm not defending hthe OP and surely he should have considered the BP, taxes, shipping and etc, but if he feels violated (and I don't agree that we was), then rape is definitely an appropriate choice of words.
While rape is an appropriate word by definition, it is an extremely powerful word. In my opinion, using it in any context less significant undermines the severity, suffering, distress, and personal violation of those who have experienced a sexual assault.
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Old 04-21-2018, 12:40 PM
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While rape is an appropriate word by definition, it is an extremely powerful word. In my opinion, using it in any context less significant undermines the severity, suffering, distress, and personal violation of those who have experienced a sexual assault.
Oh, he should have been more politically correct? Understood.
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Old 04-21-2018, 01:03 PM
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While rape is an appropriate word by definition, it is an extremely powerful word. In my opinion, using it in any context less significant undermines the severity, suffering, distress, and personal violation of those who have experienced a sexual assault.
It's not accurate regardless of what meaning he intended, as rape is never consensual, unlike his purchase.
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