Quote:
Originally Posted by calvindog
Of course this will increase the costs to bidders in the heat of the moment bidding, as we all know. But Goldin going to 22% ensured that other houses would follow. I think Heritage was the first to go to 20% and they haven't had an increase in about ten years is my guess. Of course, their gross sales have quintupled probably since then so I suspect they'd be fine without raising the BP 2 points.
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Spot on, Jeff.
The buyers who are on a budget will adjust; the rest won't. The real losers here are consignors. I'd venture a guess that only a small % of card consignors actually pay a consignment % to the AH. With so much zero consignment fee stuff, it is a way of taking another 2% out of sellers' pockets. Makes sense that they feel good doing it given that the average eBay fees are creeping up to the point where DIY selling is nearly as expensive as consigning at 20% BP.