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Old 03-27-2025, 01:28 AM
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Originally Posted by BobbyStrawberry View Post
Was buyer's premium a thing in the pre-internet days? Or was it a lower percentage?
I seem to remember Lew Lipset in one of his The Old Judge newsletters bemoaning the trend of auction houses switching from a system of charging only the consigner a premium to also charging a buyer's premium, something that was only common in the art world(?...might be remembering this part incorrectly). His newsletters were issued from the mid-1980's to early 1990's, so I think that this indicates that our hobby's auction houses started to make the shift during this time frame.

Brian
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Old 03-27-2025, 11:25 AM
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Originally Posted by brianp-beme View Post
I seem to remember Lew Lipset in one of his The Old Judge newsletters bemoaning the trend of auction houses switching from a system of charging only the consigner a premium to also charging a buyer's premium, something that was only common in the art world(?...might be remembering this part incorrectly). His newsletters were issued from the mid-1980's to early 1990's, so I think that this indicates that our hobby's auction houses started to make the shift during this time frame.

Brian
Thanks for the info, Brian
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