Posted By:
JimCrandell
As I buyer I could care less and I think Barry is mistaken here.
If I want to bid up to $2400 on a card with a 20% buyers premium I would bid $2,000. If the buyers premium is 15% I bid $2,100. If it is 10% I bid $2,200.
The consigner obviously likes a lower premium but buyers should be 100% indifferent. I think it is the most bizarre thing when buyers come on the board and complain about the buyers premium?