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  #1  
Old 06-04-2022, 10:30 PM
robertsmithnocure robertsmithnocure is offline
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Originally Posted by Peter_Spaeth View Post
For at least the 1000th time on this site, the premium and what you call it are meaningless. I am willing to spend, say, $120 for a card, plus tax and shipping. If it's ebay, where ebay makes its cut from charging the seller a portion of the hammer price, I'll bid $120. If it's an auction house with a 20 percent "buyer's premium," I'll bid $100 and pay $120. It's the same thing. Rob has been fighting this for years, but never explains why, just rants and raves about buyer's premiums as if the buyer is being forced to pay more by the greedy auction house. He isn't. It's purely a matter of allocation between the auction house and the consignor.

The premium could be 30 percent, or 50 percent, or 90 percent. I don't care at all. The consignor is the one who should care, because they're only getting the hammer price.

If someone bidding in an auction in this day and age is so out of it that they don't realize a BP is going to be added to their bid, well, that's their funeral.
I do not understand why so many people have a hard time figuring out all of the fees. Unless the fees are not disclosed, then I have no idea why anyone complains. If you do not like their rules, then do not use that company. Simple as that.
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  #2  
Old 06-05-2022, 06:43 AM
jefferyepayne jefferyepayne is offline
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Get in the habit of reading the rules each auction house publishes. It will tell you all you need to know about BPs, whether the auction house can bid on items themselves (many can!), minimum BP amounts, extra shipping costs for large items, etc.

If you don't do this, buyer beware. And it's your own fault if you mess up. Telling Heritage how to run their business is a joke.

jeff
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  #3  
Old 06-05-2022, 10:34 AM
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Originally Posted by jefferyepayne View Post
Get in the habit of reading the rules each auction house publishes. It will tell you all you need to know about BPs, whether the auction house can bid on items themselves (many can!), minimum BP amounts, extra shipping costs for large items, etc.

If you don't do this, buyer beware. And it's your own fault if you mess up. Telling Heritage how to run their business is a joke.

jeff
It's America...Everyone has the right to defend the people that take their money.

I'm sure those people also defend Jeff Bezos, Donald Trump, Stan Kroenke, Comcast, ExxonMobil and stadium beer prices, etc, etc, etc.
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Last edited by Fballguy; 06-05-2022 at 10:35 AM.
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  #4  
Old 06-05-2022, 11:14 AM
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I hear buyer's premiums are much lower in Venezuela.
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  #5  
Old 06-05-2022, 11:29 AM
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Buy Canadian, the exchange rate is about the same as the vig.
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  #6  
Old 06-06-2022, 12:12 PM
steve B steve B is offline
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Originally Posted by Peter_Spaeth View Post
I hear buyer's premiums are much lower in Venezuela.
And the price is still higher when it ships than when you bid... gotta love that crazy inflation.
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  #7  
Old 06-05-2022, 10:23 AM
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Originally Posted by robertsmithnocure View Post
I do not understand why so many people have a hard time figuring out all of the fees. Unless the fees are not disclosed, then I have no idea why anyone complains. If you do not like their rules, then do not use that company. Simple as that.
I'm impressed by all the collectors here who have never spent one penny over their "Max" due to the Buyer's Premium....and their very tiny collections.
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