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Old 05-20-2018, 03:40 PM
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Peter_Spaeth Peter_Spaeth is offline
Peter Spaeth
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Join Date: Apr 2009
Posts: 30,357
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Yes Rob, the entire board is stupid and you alone get it because you're so savvy. Happy now?

Here's something to ponder though: buyer's premiums depress hammer prices. The high bid is NOT the high bid independent of the premium, it's a function of the premium. Think about it, and maybe you'll finally actually see what everyone here is talking about.
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Last edited by Peter_Spaeth; 05-20-2018 at 03:43 PM.
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