[Archive]

Posted By: MVSNYC

it is definitely a huge turn-off to see auction houses raising their BP's to ridiculous amounts (as we pointed out eariler in the thread, Sotheby's used to be 10%, now is up to 25%)...

BUT, with all of that said, no matter what the BP is, when i'm bidding in an auction, i take the BP into consideration when bidding...pretty simple math, grab a calculator and figure out what the most is that you are willing to pay for a particular lot (INCLUDING the "juice")...and then bid accordingly.

if i want to pay a total of $1250 for a lot in Sotheby's, then i simply bid it upto $1000 (or thereabout)...