Quote:
Originally Posted by mantlefan
There were no taxes collected by LOTG on this card unless the winner lived in New York.
So if the winner of this card for $108K in REA 12/18 was the seller, he took a $38,000 loss last night. Ouch!
LOTG has a much lower profile than REA, Heritage, Goldin, Lelands, Mile High etc. so I can understand how a potential bidder for this card might not have been aware of the auction.
Just goes to show you, when in doubt, use REA.
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This!!! And I still have my money with no regret but feel bad for the consignee. But I would think the consignee is probably getting 5% to 10% of reverse commission.