The auction house gets it. The "usual" model (if there is such a thing) is that the auction house takes from both ends. The consignor also usually pays a consignment fee. (I think this is more what FUBAR was talking about - some auction houses will waive or reduce the consignment fees on desireable items to get them inserted in their auction.)
On the buyer's premium end, some auction houses will offer a lower-percentage BP to a buyer on a high-dollar item.
For baseball card auction houses I think the BP goes from about 12.5% up to about 19.5% (most are at the higher end of that range), but I don't bid with all of them, so others may know better than I do.
Cheers,
Blair
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