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Old 06-16-2014, 07:25 PM
Vintageclout Vintageclout is online now
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Join Date: May 2009
Posts: 542
Default Buyer's Premium

Quote:
Originally Posted by Peter_Spaeth View Post
I don't follow you. If you know X percent is going to be added to your bid, you bid accordingly. It doesn't take experience to figure that out. It has meaning only to a consignor.
100% accurate Peter which is a concept, for whatever reason, some people still tend to debate. The Buyer's Premium solely picks the pocket of the consignor with the buyer bidding accordingly to "x" %.

Joe
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