Can anyone explain what this actually means because I have no idea  ……

BP - Buyer's Premium per Lot
A Buyer's Premium will be added to each successful bid. For this sale: 25% on 
the first $1,000,000 (minimum $29), plus 20% of any amount between $1,000,000 
and $5,000,000, plus 15% of any amount over $5,000,000 per lot

Regards

John

From: MoPo List <[email protected]> On Behalf Of Chris Nailor
Sent: 2 June, 2024 8:02 AM
To: [email protected]
Subject: Re: [MOPO] Regarding Heritage Poster Division

Wow. Thanks Peter. If you had not pointed out the obvious value in this change, 
I might have thought it was a negative thing.

On Sat, Jun 1, 2024 at 4:31 PM peter contarino 
<[email protected]<mailto:[email protected]>> wrote:
As Heritage's poster auctions have continued to slump, both in terms of quality 
and quantity, customers have been waiting for Joe Maddalena, the ostensible 
Grand Vizier, to arise from whatever stupor he has been languishing in and 
address the many issues plaguing his division (poor grading, Looong auction 
delays, no communication, crippy crappy weekly items, etc).

He has finally emerged from his torpor and sprung into action to address what 
is certainly the biggest issue on buyer's minds. Well done sir.

HA Movie posters
Buyer's Premium per Lot:
25% on the first $1,000,000 (minimum $29), plus 20% of any amount between 
$1,000,000 and $5,000,000, plus 15% of any amount over $5,000,000 per lot.

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