--- Kirby McDaniel <[EMAIL PROTECTED]> wrote: I have to agree with Kirby on this one. Saying the 20% buyer's premium is "outdated" is simply incorrect. It's just the method by which auction houses make their money. Whether you like it or not is simply a matter of personal preference.
It seems like every year or so, this argument comes up again and again with the same viewpoint. Actually I've always found the argument a bit ridiculous as many other businesses/ individuals make their "commissions and tips" the same way. Every product on the market gets a % markup by the store after purchasing it from the distributor. Waiters and waitresses make their money by requesting 20% tips. What's the big issue of an auction house making a buyers premium? The auction house is bringing a very legit service to the poster community and they deserve to make money for that service. If you don't want to participate, then just don't do it. No one is holding a gun to your head and saying you have to buy this item from that particular auction house. If you want to wait until it shows up on Ebay, then just wait. Maybe it will show up and maybe it won't. That's the risk you take as a collector. Also, I've always seriously wondered about the mathematical skills some people lack when they don't take the BP into account. If you don't want to pay more than $1000 for an item then don't bid more than $800. After the premium that makes the item $960. How hard is it? And also, just for the record, Bruce Hershenson didn't start poster auctions. I will say that the market did take a major increase in value when he did get Christie's involved. And Christie's involvment did bring a lot of exposure to the hobby that wasn't there before, but there were other auction houses well before then including Camden in LA and Guernsey's in New York among others. I should just clip and save this post so I can paste it into a response next year. Ron Moore Cinema Icons > This does not make sense. > > The only thing that matters is the FINAL PRICE you > pay for an item, and > whether you are satisfied with it at that price. > Are you saying you > would > not bid $300 for a COOL HAND LUKE one sheet if there > were a 20% > buyer's premium > on it? Or $2000 for a FANTASIA one sheet? > > The auction houses have done a great service to this > hobby, and they > must make a living. I dare say 90% of the people on > this list own > posters who prices have been raised 200% to 300% by > this history > of this hobby since Bruce Hershenson consulted for > the first auction > at Christies in 1990. > > Kirby McDaniel > www.movieart.net > > > On Nov 3, 2007, at 6:19 PM, clinton crews wrote: > > > How do you feel about the Buyer's premium put on > auctions. > > Ranging from 15-23 % For me that is a deal breaker > if any one of us > > added to the auctions we have Oh by the way you > are bidding 2000 > > but you need > > to add 20 percent to your total. We would be > kicked off ebay. > > I feel that with the ability to use a source like > ebay auction houses. > > Have a lot more exposure then the did in years > past. > > But they still add these high Buyer's premiums. > > Bruce at emovieposter most likely sells more > posters then any group > > on the planet but he does not ding the buyers > 15-20 percent when > > they win. > > I think if a auction house uses ebay or any other > online service > > the Buyer's premium should be less maybe 3-10 % > and less when the > > price > > goes above so many thousands lets say 5,000 they > bring it down 4 > > percent. > > It just seems to me that you can only milk buyers > for so much that > > is why > > the value of any poster can swing in price. > > Also I wonder do the auction houses charge the > seller as well if so > > wow. > > They must make more then O.P.E.C. > > I understand there is some overhead but there must > be a limit on > > that overhead. > > I am not trying to single out any group just the > concept as a whole. > > Visit the MoPo Mailing List Web Site at > > > www.filmfan.com_______________________________________________________ > > > ____________How to UNSUBSCRIBE from the MoPo > Mailing ListSend a > > message addressed to: > [EMAIL PROTECTED] the BODY of > > your message type: SIGNOFF MOPO-LThe author of > this message is > > solely responsible for its content. > > > Visit the MoPo Mailing List Web Site at > www.filmfan.com > > ___________________________________________________________________ > How to UNSUBSCRIBE from the MoPo > Mailing List > > Send a message addressed to: > [EMAIL PROTECTED] > In the BODY of your message type: > SIGNOFF MOPO-L > > The author of this message is solely responsible > for its content. > > __________________________________________________ Do You Yahoo!? Tired of spam? Yahoo! Mail has the best spam protection around http://mail.yahoo.com Visit the MoPo Mailing List Web Site at www.filmfan.com ___________________________________________________________________ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [EMAIL PROTECTED] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content.
