[Archive]

Posted By: cmoking

Fred, the problem is not the hike to 20%. The problem is that consignors in their December auction feel bamboozled because they were not told the BP would be raised to 20%. From the Mastro contract, it sounds like Mastro is covered as they state the BP will be at least 15%. 20% is at least 15%. But many consignors still feel it was unfair. I agree with them.