Hello All,
I agree there are many other venues to buy posters
where there is not a premium added. However, there are often items
available in these "buyer's premium" auctions that you don't find elsewhere.
Collectors that have rarer items will often consign to some of these auctions
because they feel those companies can garner more publicity and bring buyers
with the big dollars to them. I have many customers that have consigned
material to many of the auction venues including Bruce and Heritage. I have
always felt that the percentage of the sell that the auction
house takes is really high. I understand the need to make it a high
percentage because there are a lot of costs in putting on an auction.
Obviously, printing a catalog is a pretty hefty expense, not to mention all the
employees involved in making the auction happen.
I have asked many of my customers why they don�t just list it on ebay in a
featured auction with a reserve. That cost is peanuts compared to the
consignment percentage. Many feel they will have better luck with the auction
houses or consignment dealers. To each his own. All I know is that Heritage is
getting a lot of buzz. In my business, I deal with a lot of art brokers all over
the world who typically will only deal with the likes of a Sotheby's or
Christies and Heritage is coming up in conversation all the time as an
alternative venue. That's pretty remarkable considering they haven't been around
that long. Many of these dealers know that I am involved with movie posters and
have sought me out to ask whether Heritage was a good company to deal with. I
have to say that I have sent them onto Heritage without hesitation. While I have
encountered a few snafus with my auctions with them, for the most part, their
company has taken good care of me and my customers. That's the bottom line. The
same goes for Bruce. He has always been fair and honest with me and my
customers. Heritage is just branching out all over the place with many other
type of collectables and that brings in many more collectors who often will
cross over when purchasing. So, you might have someone who regularly buys coins
but one day gets an auction catalog for movie posters in the mail from Heritage
and now he's buying movie posters. I have several customers where that very
thing happened for them and they now buy from several of Heritage's various
auctions. That is very smart business. I have personally bought from
several Heritage auctions because I not only collect movie posters, but I also
collect illustrations and paintings and glassware. I think many dealers and
collectors are now including them in the same level as a Christies and
Sotheby's. In the art world that is a coo.
Sue Heim
(800) 463-2994
----- Original Message -----
Sent: Saturday, March 19, 2005 12:09
AM
Subject: Re: [MOPO] Heritage
Auction
...OR... one could bid on all the other auctions out there that
have
NO BUYER'S PREMIUM and save 15% or 20% or whatever...
...or is
that too obvious a solution?
I recall that eBay makes a big deal out of
prohibiting sellers from
adding "hidden or unexpected" charges to their
auctions after they
close. I know when I stated in my auction descriptions
that I would
add a 2% fee to anyone who paid with PayPal that eBay quickly
shut
down my auctions without notice. But somehow Heritage can
publicize
their auctions on eBay... take bids on eBay... not close them
on
eBay... and then charge a 20% premium ON TOP of the final bid if
you
somehow happen to win the item via your eBay bid... ?
I guess
all this falls under the umbrella of the "eBay Live!" format.
Whatever.
For sure it's nothing like the rules and conventions that
apply to all
other eBay auctions (including Bruce's and other
big-buck, high-quality,
high-end sellers). For some reason Heritage
seems to be able to operate on
a completely different playing field
using a completely different set of
rules and expectations than those
which people expect all other on-line
sellers to operate by. I guess I
just don't get it.
--
JR
----- Original Message -----
From: "Randall Petersen" <[EMAIL PROTECTED]>
To: <[email protected]>
Sent:
Friday, March 18, 2005 13:46
Subject: Re: [MOPO] Heritage
Auction
> >
> >Why the hell should ANYONE bid on
eBay then?
>
> Well, I believe that any bid you place on a
Heritage auction through
> eBay, whether an absentee bid or an eBay Live
bid, is going to incur
> an extra 5% buyers premium over any bid placed
in advance or live
> directly with Heritage.
>
> So yes,
bidding through eBay is always going to cost you a bit more.
> After
all, it's not like Heritage has any reason to encourage people
> to
participate via eBay; I'm sure that they would much rather you
> deal
directly with them, and they've set up several ways to do this.
> The
eBay options are just there for people who prefer to go through
> eBay
for whatever reason and are willing to pay the price, and also
> to draw
in those who just don't know any better.
>
> Randy
Petersen
>
>
Visit the MoPo Mailing List Web Site at www.filmfan.com
>
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- Re: [MOPO] Heritage Auction Susan Heim
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