/Tommy Barr wrote: "HA do not have to sell posters for low amounts, they
are choosing to do it, and then asking the buyer to pay for their
decision."/
The bidder does not have to bid for the poster either, when he does bid
he is agreeing with HA charges - and that was their decision, no one elses.
Even before the bidder places their bid they are told what the/total
/cost of the bid is, and again when they place a bid they are asked
"Please confirm your bid of $X ($XX w/ BP)". If someone chooses to then
place a bid surely they are agreeing with the cost, it's not hidden,
there's is in fact a double opt-out option for the bidder. You don't get
that at a live auction.
I'm not saying the prices are not exorbitant but people can vote with
their wallet.
As an aside, I've no idea what HA charge in commission to consign a
poster that realises (say) $5, is it 75% of the net sell price (ex BP)?
Is it really a quick buck to send a cheap poster to HA?
David
Tommy Barr wrote on 18/06/2016 8:07 AM:
Sorry, but that's missing the point. HA do not have to sell posters
for low amounts, they are choosing to do it, and then asking the buyer
to pay for their decision. If I want to sell a poster for $10 I don't
say the poster will cost you $10 but I also want a further $19 for my
trouble.I could try selling it for a fixed price of $29 but if that is
way above its market value who is going to buy it? Anyway, I have
bought and own the poster and hope someone else might want it, unlike
HA who have no outlay other than the cost of listing the item. They
are attracting consignors with low value posters because they know
that even if the consignor only makes a few cents they will still make
quite big bucks. No reason why they shouldn't, indeed, just as there
is no reason why the collector should avoid such one-sided business
practice. And, as I said before, the silence from HA on this forum is
quite deafening.
Tommy
On Fri, Jun 17, 2016 at 10:39 PM, Kirby McDaniel <ki...@movieart.com
<mailto:ki...@movieart.com>> wrote:
David is correct. Who wants to work for NOTHING?
Thanks, David.
Kirby McDaniel
On Jun 17, 2016, at 4:37 PM, David <shadow....@gmail.com
<mailto:shadow....@gmail.com>> wrote:
Have read all comments I guess the overriding point is going to
be one of cost. Like everyone, it costs the same to handle a $200
poster as it does a $20 and so rather than turn away business at
the bottom end HA are are simply going to charge you for it - why
shouldn't they? How many dealers sell posters for a $1, and are
happy to do so?
I bet there is very few, most would not even bother stocking a $1
poster let alone selling one. Try selling a poster on eBay for $1
- by the time eBay take their slice of the action, the cost of
materials, your time what's left for you?
For others who sell via their websites you probably already know
you can set a minimum purchase value on the shopping cart - if
you have set one then what's the difference between you and HA?
It's expensive to sell stuff cheap.
David
Tommy Barr wrote on 16/06/2016 7:21 PM:
Just noticed that from this weekend Heritage Auctions is
charging a minimum buyer's commission of $19, an increase of
36%. I just wonder how they justify that?
Tommy
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