Quote:
Originally Posted by Sooner or later
Those prices include the buyers premium?
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What do you think? You are trying to be clever.
When I am bidding I calculate the Buyers Premium as I bid. In the prebid I will even strategically place a bid to optimize my chances. Then before hand I calculate shipping cost, receiving and taxes.. for a rough order of cost.
For the prices realized here I calculated apx 20% BP prem into each item (the rate on this auction was apx 18% but for my own ease I round to 20%). I can not know whether the Buyer used CC + 3%, shipping, receiving and taxes paid if any (Dealer don't pay receiving nor taxes)..
There is a differential of apx 3% between a Floor Bidder and and On Line Bidder..so being online it costs more..and I am well aware of the disadvantage..by being a phone Bidder in many auctions you get the Floor Bidder BP. So I set it up to be a phone bidder.
Also On Line ONLY auctions the prices are usually a bit less because the Buyer can not put his eyeballs on an item. He has go on pix and description. That is why I will call the auctioneer on most items if I am serious..to get that eyeball appraisal. I scored a Mint 1903 1921 type NM that way..for the price of a std rifle. Also photos give a lot of detail if you know what you are looking for.
I also know how various auctioneers set up the order of the items that is being auctioned... I know by the pix presented and or descriptions if the auctioneer has a clue as to what he is selling. And they do make big mistakes.