Memory Lane - I Own it Now

[Leon]

To be clear I have bought many things from Memory Lane in their auctions and will participate in the future. I always thought they were good realized prices and I have received good service. Like I say, just participate in what you feel good about and if a price is too high for you don't pay it.

And Glen, unfortunately what I collect is usually the more scarce stuff that you won't see again for a long time....sometimes if ever. I don't use the word "pop" report because a lot of stuff is more likely "how many are known to exist". With my limited resources, even if there is something I want or need, and it is in the clouds price-wise, I still won't be attaining it.

[Runscott]

Originally Posted by Leon

To be clear I have bought many things from Memory Lane in their auctions and will participate in the future. I always thought they were good realized prices and I have received good service. Like I say, just participate in what you feel good about and if a price is too high for you don't pay it.

I was referring to a sales catalog of overpriced items, not to their auctions. Was just curious what others thought of this. But, yes, of course - paying more for an item than you think it is worth is kind of stupid, and I doubt many of us do that.

[Exhibitman]

"I Own It"

They can have it...

[sports-rings]

That's incorrect. Read their rules

I checked and you are right. There is a buyer's premium. A year and a half ago I purchased something from their Own it Now Auction and there was no Buyer's premium.

[jefferyepayne]

Originally Posted by sports-rings

I checked and you are right. There is a buyer's premium. A year and a half ago I purchased something from their Own it Now Auction and there was no Buyer's premium.

They added a buyers premium a few auctions ago.

jeff

[buymycards]

Several years ago I bought quite a few 1930's cards from Levi at a show in Chicago and the prices were very reasonable. The prices on his website are not reasonable, in my opinion.

I'm thinking about charging a buyers premium when I set up at shows, and maybe on my ebay sales as well. Leon, can you set up an automatic 15% buyers premium on the BST?

Thanks,

Rick

[Runscott]

Got an email from them today - they sold 350 lots for $620,000 in their recent 'I Own it' sale.