Thread: The High Cost of Auctions-- Sotheby's increases buyers fee!
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Old 08-24-2007, 03:11 PM
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Default The High Cost of Auctions-- Sotheby's increases buyers fee!
Posted By: JimB

I don't understand why the Auction companies keep shifting these illusory numbers or why bidders and consigners get so up in arms about it. Don't all sides do the math and figure out the bottom line before they bid/consign to/take consignments. Why can't it just be straightforward? No BP. Consignment fee is x %. The auction houses seem to be trying to pull a fast one on the lazy and the math-challenged. Lucking that is not me.
JimB

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