Hi Darryl.
I was only exploring options when you and Heritage were contacted. It
is obvious, in my opinion, that they are not up the task of marketing the
world's best and most valuable lunar
meteorite (NWA 5000).
I am no longer interesting in offering NWA 5000 at any auction house and
certainly not in Tucson. After studying the situation, I have come to
feel Heritages 40% fees are unreasonable. It is my belief that their
understanding of planetary meteorites is lacking. Using the same assigned price
per gram values for NWA 5000 as a 1.8 kilogram
weathered lunar breccia from Algeria demonstrates a serious lack of
understanding.
Kindest Regards,
Adam
- Original Message -
From: Darryl Pitt
To: Adam Hupe
Cc: Adam
Sent: Saturday, August 4, 2012 11:46 AM
Subject: Re: [meteorite-list] Auction Questions Answered
Hi,
Your disapproval of the protocols of a large, serious auction house fascinates.
Given the depth of such feelings, I am surprised I received more than a half
dozen emails from you the past three weeks in your desire to have the NWA 5000
main mass included in the upcoming Heritage Meteorite Auction…and when I felt I
had no choice but to pass on your proposal, you then turned to someone else at
Heritage---and the consignment was again rejected after multiple solicitations
were again made.
Given your note below, can we now expect to see the NWA 5000 main mass in
Michael Blood's upcoming auction?
d,
Begin forwarded message:
> From: Adam Hupe
> Subject: [meteorite-list] Auction Questions
> Date: August 3, 2012 11:55:10 PM EDT
> To: Adam
> Reply-To: Adam Hupe
>
> Hi Michael and List Members,
>
>
> Your fees seem reasonable to me, especially after checking out some auction
> houses that charge a 20% seller premium plus a 20% buyer's premium equaling
> an outrageous 40%. Then catalog fees are added on top of that figure.
> Perhaps you can answer a few questions for me?
>
> Why do some auction houses charge a buyers premium to begin with? It seems
> that this practice confuses bidders and is misleading. I know it confuses me
> trying to make a quick multiplication in my head during live bidding. Why
> should the buyer have to pay this extra amount? It seems the seller should
> be pay a straight percentage like most auction sites do including eBay. When
> you bid on storage units, houses, cars or what have you, what you bid is what
> you pay. Seems pretty straight forward to me.
>
> Imagine if all businesses added a 20% buyers premium to their products and I
> am not talking about sales tax. What purpose does it serve? I believe in
> simplicity,
>
> Best Regards,
>
>
> Adam
>
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