Quote:
Originally Posted by Michael B
Incorrect math here. The hammer price is the selling price. The sellers commission is taken off of that and the buyers premium is added to that. The buyers premium is the juice the buyer pays to the auction house ON TOP of the hammer price. If an item sold for $5,000 and there was a 10% BP they would give the seller $4,500. If the juice, the BP, was 20% the buyer would pay $6,000 with the auction house keeping $1,500 for their trouble.
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Right, of course, but the hammer price is not what you see on VCP. No one asks if the ebay sales price includes BP. I am making comparisons using total cost of a card and your net return.