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#1
09-24-2009, 07:47 PM
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We really need some of those consignors who have those 1967 PSA 8 commons which sell for 5K to speak up.
And are consignors permitted to bid on their own lots in Goodwin's auction?
__________________
http://www.flickr.com/photos/calvindog/sets 
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#2
09-24-2009, 09:31 PM
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It is very reassuring to hear that Lot 41 was legit.
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#3
09-24-2009, 09:34 PM
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One thing not to lose track of in these discussions is that anyone can bid on their own items in any auction--all they need is a friend or family member to set up a separate account. So the consternation over the dreaded specter of consignor bidding is really a waste of energy since there is nothing an auctioneer can do to detect or prevent it if a consignor has half a brain and is intent on doing it.
__________________
Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not...
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#4
09-24-2009, 09:48 PM
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If a consignor wins his own card does the consignor have to pay the buyer's premium? That is, if a consignor can bid in the first place.
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#5
09-24-2009, 10:28 PM
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Quote:
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#6
09-25-2009, 01:36 AM
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Peter -- the answer is yes, the consignor has to pay the buyer's premium (and any other applicable commissions) if they win their own card, assuming they can bid in the first place. (And if they can't, as Exhibitman said, a surrogate can do it for them.) However they may still come out ahead if, say, they have to eat the BP on 2 lots but can successfully shill 3 others into the stratosphere.
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