Killermarbles Posted March 9, 2016 Report Share Posted March 9, 2016 guess where? Link to comment Share on other sites More sharing options...
Steph Posted March 9, 2016 Report Share Posted March 9, 2016 Mysterious! B.P? Link to comment Share on other sites More sharing options...
Ric Posted March 9, 2016 Report Share Posted March 9, 2016 in the neighborhood of $1900? Link to comment Share on other sites More sharing options...
lstmmrbls Posted March 9, 2016 Report Share Posted March 9, 2016 No where I go! Link to comment Share on other sites More sharing options...
Killermarbles Posted March 9, 2016 Author Report Share Posted March 9, 2016 B.P. = Buyers premium Link to comment Share on other sites More sharing options...
Killermarbles Posted March 9, 2016 Author Report Share Posted March 9, 2016 1 hour ago, Ric said: in the neighborhood of $1900? I did not buy that blizzard i did buy the 1-5/8 type one lutz with the green and blue bands Link to comment Share on other sites More sharing options...
BobBlock Posted March 9, 2016 Report Share Posted March 9, 2016 Oooh, I wanted that one. Nice marble. Link to comment Share on other sites More sharing options...
Killermarbles Posted March 9, 2016 Author Report Share Posted March 9, 2016 2 hours ago, BobBlock said: Oooh, I wanted that one. Nice marble. Thanks Bob Link to comment Share on other sites More sharing options...
mibstified Posted March 15, 2016 Report Share Posted March 15, 2016 22% Buyer's Pain?..... Link to comment Share on other sites More sharing options...
BobBlock Posted March 15, 2016 Report Share Posted March 15, 2016 There are some auctioneers on LiveAuctioneers now who charge 24% buyers premium Link to comment Share on other sites More sharing options...
rockinron110 Posted March 15, 2016 Report Share Posted March 15, 2016 They are starting to make feebay and Paypal look good Link to comment Share on other sites More sharing options...
wvrons Posted March 15, 2016 Report Share Posted March 15, 2016 How much of the 20%-24% BP does the seller receive ? Seller pays 20%-30% to auction service for selling fees. Auction service gets 20%-24% buyer premium. Seller gets 50% of what their item was worth. The auctioneer's charging the BP are all having a rough time paying expenses. Just do some research on most of them. Check their sales for the last year. Check their purchases for the last five years. Check their facilities. Want to sell your handmade mint lightning bolt at half price ? Give me a call. Maybe sellers at marble shows should start charging a buyers premium ? Wake up America ! Link to comment Share on other sites More sharing options...
Killermarbles Posted March 15, 2016 Author Report Share Posted March 15, 2016 The consigner does not get any of the buyers premium. so bidder bids 100.00 and pays 122.00 with the BP the consigner gets 65 or 70% 65.00 or 70.00 to the consigner of 122.00 Link to comment Share on other sites More sharing options...
migbar Posted March 15, 2016 Report Share Posted March 15, 2016 I was on a Liveauctioneers toy auction last week that had a 25% buyers premium. Link to comment Share on other sites More sharing options...
kbobam Posted March 16, 2016 Report Share Posted March 16, 2016 Here's a small section of a list I found while checking out the definition of 'buyer's premium'. Am I interpreting this correctly in that the changing 'threshold' rates could lead to a situation where a potential buyer might feel obligated to outbid himself? CHRISTIE’S BUYER’S PREMIUM SCHEDULE FOR ALL CATEGORIES EXCEPT WINE (except where stated these rates are net of local applicable taxes) Sale Room Rate Threshold (as of 30 September 2013) Threshold (prior to 30 September 2013) New York 25.0% Up to $100,000 Up to $75,000 20.0% $100,001 to $2,000,000 $75,001 to $1,500,000 12.0% $2,000,001 and above $1,500,001 and above King Street/South Kensington 25.0% Up to £50,000 Up to £37,500 20.0% £50,001 to £1,000,000 £37,501 to £750,000 12.0% £1,000,001 and above £750,001 and above Paris 25.0% Up to €30,000 Up to €30,000 20.0% €30,001 to €1,200,000 €30,001 to €1,200,000 12.0% €1,200,001 and above €1,200,001 and above Amsterdam (all inclusive rates) 30.25% Up to €30,000 Up to €30,000 24.20% €30,001 to €1,200,000 €30,001 to €1,200,000 14.52% €1,200,001 and above €1,200,001 and above Link to comment Share on other sites More sharing options...
lstmmrbls Posted March 17, 2016 Report Share Posted March 17, 2016 The earliest auctions I attended had a buyers premium of 5% but it went to the seller to help offset their fees. That was a while ago. The fees have absolutely gotten rediculous. The rich get richer and the poor just get screwed Link to comment Share on other sites More sharing options...
Greatmacscott Posted March 18, 2016 Report Share Posted March 18, 2016 On 3/17/2016 at 10:56 PM, lstmmrbls said: The earliest auctions I attended had a buyers premium of 5% but it went to the seller to help offset their fees. That was a while ago. The fees have absolutely gotten rediculous. The rich get richer and the poor just get screwed I always heard that statement as "the rich get richer and the poor get pregnant." Increases the government subsidies. Link to comment Share on other sites More sharing options...
BobBlock Posted March 19, 2016 Report Share Posted March 19, 2016 Was looking at a few items in Bertoia's auction on Live Auctioneers this week. 25.5% buyers premium! Link to comment Share on other sites More sharing options...
Killermarbles Posted March 20, 2016 Author Report Share Posted March 20, 2016 Well I got my marble today and the buyers premium was worth it Link to comment Share on other sites More sharing options...
Steph Posted March 20, 2016 Report Share Posted March 20, 2016 Link to comment Share on other sites More sharing options...
lstmmrbls Posted March 20, 2016 Report Share Posted March 20, 2016 Question/ Does anyone take into account the "Buyers Premium" when bidding and does this just mean less money to the seller? Link to comment Share on other sites More sharing options...
moremarbles4me Posted March 20, 2016 Report Share Posted March 20, 2016 I think a auction with a buyers premium always means less money for the seller. Everyone I know deducts the buyers premium from their bid prior to placing their bid. Charles Link to comment Share on other sites More sharing options...
Ric Posted March 21, 2016 Report Share Posted March 21, 2016 It would seem odd, indeed, not to consider how much you are going to pay when you consider how much you are willing to pay. Link to comment Share on other sites More sharing options...
Killermarbles Posted March 21, 2016 Author Report Share Posted March 21, 2016 I try to figure in the BP but sometimes you forget. Most of the time I am glad I got the marble but sometimes the total cost is to high because of the BP Link to comment Share on other sites More sharing options...
Greatmacscott Posted March 21, 2016 Report Share Posted March 21, 2016 21 hours ago, moremarbles4me said: I think a auction with a buyers premium always means less money for the seller. Everyone I know deducts the buyers premium from their bid prior to placing their bid. Charles Example: I recently bought an item from 22BP for $650. with BP my cost was $793. Buyer after SP would have gotten about $500. 22BP made $286 on the transaction (not counting shipping and packing charges. The sad part is I had offered the seller $700 for it before he sent it to 22BP. He turned it down because 22BP promised him at $1200-1500 sale price. Seller made less money. I spent more money. 22BP got paid on both ends. Amrica. Got to love the land of opportunity and byers premiums. Link to comment Share on other sites More sharing options...
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