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Huggins and Scott Announces New Buyers Premium Concept
Posted By: Josh Wulkan
First, we would like to wish each of you a very Happy New Year. With the new year, we are also making a change with a revolutionary concept to the internet/catalog auction industry. This idea is going to benefit both bidders and consignors, by saving bidders money and putting more money in our consignors pocket. |
#2
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Huggins and Scott Announces New Buyers Premium Concept
Posted By: barrysloate
Excellent idea. It does make bookkeeping more complicated, but it should make buyers and sellers happy. |
#3
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Huggins and Scott Announces New Buyers Premium Concept
Posted By: Fred C
Josh,
Sorry, if I didn't do it, someone else would have... Nice concept! |
#4
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Huggins and Scott Announces New Buyers Premium Concept
Posted By: Josh Wulkan
Actually, we do not have bid options at those price values. There is no way that a lot can end on the numbers you are asking about because they are not one of our bid price options. |
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Huggins and Scott Announces New Buyers Premium Concept
Posted By: Joann
Good for H/S. I just finished reading the email on the same topic and thought to myself that it is nice to see an auction house that's willing to move things around a little instead of adamantly refusing to go anything but higher. |
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Huggins and Scott Announces New Buyers Premium Concept
Posted By: Michael Steele
I do like the sliding scale. It is a great way to induce higher ticket items. I think most other auction houses may adopt this over time. In reality, the consignment fee side of this is already working the same scale because as we know, some houses will lower or waive the fee for higher ticket items. |
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Huggins and Scott Announces New Buyers Premium Concept
Posted By: Matt
This is a fantastic concept and I hope other houses follow suit. It makes quite a bit of common sense. |
#8
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Huggins and Scott Announces New Buyers Premium Concept
Posted By: Fred C
Josh, |
#9
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Huggins and Scott Announces New Buyers Premium Concept
Posted By: David
So, if an item sells for $1400, then do you pay the 17.5% on the first $1300 and then 15% on the last $100? |
#10
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Huggins and Scott Announces New Buyers Premium Concept
Posted By: Josh Wulkan
David, |
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