Posted By:
Judge Dred (Fred)Jeff,
My statements regarding BP and SP weren't meant to indicate that the auction is going to be better for the seller. My intentions were to show that the final cut for the auction house would be the same, but the buyer would end up paying more for the item. My point was that this material isn't getting easier to find and the auction houses have to get the owners of the material to sell it so enticing them with lower SPs may help out.
I understand your point of view. The higher BP lowers the overall final realized price because bidders will drop their bids a few percent to make up the difference for the increased BP. A lot of buyers get caught up in the auction and sometimes that extra BP% may not be a final factor in their bidding. As for me I usually don't get caught up in the bidding frenzy. I'll pay what I feel is a good fit for me. If I get outbid (and that is the norm for me) then I just don't get the item.
Edited to add a SMILEY FACE 
- I believe everyone is entitled to their opinion...