Posted By:
TONYI See some mentioned Heritage auctions of dallas, TX
If memory serves me correct, Steve Ivy one of the owners was the first person to starting charging a buyers fee.....
I believe it was only 5% at the time but of course, like the cost of a postage stamp that figure kept creeping up, to the ridiculous amount it is today.....
Maybe someone one day will charge 50% fee to consign & a 50% fee to the buyer.......that way the auction houses can keep ALL the $$$$.........maybe then they will be happy