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Old 02-12-2016, 12:15 PM
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Dan Bl@u
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Join Date: Dec 2014
Location: Raleigh, NC
Posts: 934
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Quote:
Originally Posted by irv View Post
Bliggity, can you explain to me what this means? I am confused on the increased price W/Buyers Premium? If the card sold, or if you purchased/won it for $55,000, is the $65,725.00 the total price that card will cost you in the end?

CURRENT BID:$55,000
w/ Buyer's Premium (BP) : $65,725.00
Status: Reserve (If Any) Will post on 02/13/2016 7pm CT
Heritage Live Enabled
That's right. Heritage has a 19.5% buyer's premium that gets added to the winning bid. So, if you bid $55,000, you are actually agreeing to pay $55,000 x 1.195, or $65,725. Most auction houses have a buyer's premium of somewhere between 15-20%.
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