On 09/03/2020 07:53 PM, Stuart Stevenson wrote:
A buyer's premium has been around for a long time. Until a couple years ago
it seems as if the premium was hardly ever above 10%. Now it varies between
10% and 20% with 18% as the most prevalent. Lately, they have been adding a
hammer premium that
A buyer's premium has been around for a long time. Until a couple years ago
it seems as if the premium was hardly ever above 10%. Now it varies between
10% and 20% with 18% as the most prevalent. Lately, they have been adding a
hammer premium that seems to grow and grow and grow.
Never miss a
On 09/03/2020 01:58 PM, Stuart Stevenson wrote:
Heh - tax on hammer of 6.25% and an 18% buyers premium equals a basic 25%
surcharge. They need to talk to some government or cell phone company wonks
to find a few more various and sundry names for extra charges. Pretty soon
the charges will be
If that is true then they would just go back to the auctioneer taking a set
percentage. They would have no financial incentive to continue a
complicated formula designed to hide charges during the auction.
On Thu, Sep 3, 2020, 6:29 PM Chris Albertson
wrote:
> It does not work that way. The
It does not work that way. The charge simply depresses the price the
seller can ask. When I sell things on eBay if I offer "free" shipping I
can get a better price.
On Thu, Sep 3, 2020 at 12:01 PM Stuart Stevenson wrote:
> Heh - tax on hammer of 6.25% and an 18% buyers premium equals a basic
Heh - tax on hammer of 6.25% and an 18% buyers premium equals a basic 25%
surcharge. They need to talk to some government or cell phone company wonks
to find a few more various and sundry names for extra charges. Pretty soon
the charges will be more than the bid price of the item at auction.
On
https://www.bidspotter.com/en-us/auction-catalogues/new-mill-capital/catalogue-id-bscnew10211/lot-9d6c99f2-7efe-4e0b-8396-ac28015886ea
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