Quote:
Originally Posted by Fballguy
Buyer's premium is the biggest scam running. How have collectors not revolted against this archaic policy?
|
As a buyer you just factor Buyers Premium (BP) in to your maximum bid. So with 20% BP and $10 shipping and 6% sales tax, if you are willing to spend $140 max then your max bid will be around $100.
It is the consignor who should be upset with high BP, because on a $140 bill they are only seeing $100 (less if there are seller fees, and the cost of shipping the item to the AH + grading fees etc).