OT: I am Done Doing Business with AH's That Rip Me Off

[oldjudge]

I can see why you might want to discontinue doing business with this auction house, but what confuses me is why you feel it necessary to post this information. By not disclosing who the auction house is, readers don't know who to think about avoiding. What does this add to the Net 54 community?

[Peter_Spaeth]

You didn't win for 50 dollars, you won for 50 plus the buyer's premium, which you knew was going to be added and therefore was part of the price. The only significance of the 50 is that is the consignor's take.

[drmondobueno]

Out the auction house. Are you maybe thinking that by doing so you can`t go back, that maybe you can talk their prices down, or what?

A similar situation happened to me a year or so back with Heritage. Call me naive, uninformed, whatever, but their total cost took me by surprise. Felt duped. It was not my first purchase with them. I would say it's my last but you never know.

What I will say is any bids I make will take their pumped up costs into my bid. And will be a consideration if and when I have items to consign.

[orly57]

Originally Posted by Peter_Spaeth

You didn't win for 50 dollars, you won for 50 plus the buyer's premium, which you knew was going to be added and therefore was part of the price. The only significance of the 50 is that is the consignor's take.

This. 1,000x this.

[egbeachley]

It's very clear, in fact it appears everywhere, that the minimum BP is $14.00.

I'd be willing to bet that $50 wasn't your max bid. If you had won it for $60 or $70 and still paid $76 then you would be here telling us what a bargain the AH was

[Buythatcard]

Originally Posted by oldjudge

I can see why you might want to discontinue doing business with this auction house, but what confuses me is why you feel it necessary to post this information. By not disclosing who the auction house is, readers don't know who to think about avoiding. What does this add to the Net 54 community?

I was venting my feelings. Do you really think every Net54 post adds something to the Net54 community? One chooses what they want to read here.

I said I would disclose the AH via PM.

[bnorth]

Originally Posted by Buythatcard

I was venting my feelings. Do you really think every Net54 post adds something to the Net54 community?

I would say, no they don't. I average 2.26 post per day and am sure 3.67 of them are totally useless.

[pclpads]

1st lesson in AH bidding: know how deep the pool is B4 diving in head first.

[skelly]

I get the frustration... I'm surprised the auction houses do as well as they do when it comes to your standard topps stuff from the 50's thru the 70's. I understanding buying really rare or high end stuff from certain auction houses for the piece of mind, but if your in the business for mid grade topps, I feel that if your careful with what sellers you buy from, ebay is generally a better solution. Anyway Howard, your a Middlesex Blue Jay, you'll survive it!

[T206Collector]

Originally Posted by pclpads

1st lesson in AH bidding: know how deep the pool is B4 diving in head first.

+1. This is why AHs add the buyer's premium after the fact - to create the illusion of a cheaper price point for bidders. I never get upset about the premiums because I factor them into the amount I'm willing to bid. This post suggests not everyone does that.

[ruth-gehrig]

Originally Posted by T206Collector

+1. This is why AHs add the buyer's premium after the fact - to create the illusion of a cheaper price point for bidders. I never get upset about the premiums because I factor them into the amount I'm willing to bid. This post suggests not everyone does that.

I do appreciate the auction house (Heritage) that Im aware of that tells one what the next bid is which includes the premium added in. Know of any others?

[CW]

Originally Posted by ruth-gehrig

I do appreciate the auction house (Heritage) that Im aware of that tells one what the next bid is which includes the premium added in. Know of any others?

Off the top of my head, BST Auctions also includes the BP in the total while bidding. This can be helpful in those "heat of the moment" bidding sessions where you're bidding on multiple items or it's the wee hours of the morning.

Realistically, though, all you need is a calculator and a few seconds and you can (and should) figure in the BP while placing your bid.

[Snapolit1]

The Buyers premium is clearly disclosed. It's the ridiculous shipping costs that get my goat. I think Leon posted something about a AH that charged separate amounts for shipping and handling. Ridiculous fees for one card. Wrap in bubble wrap and put in a priority mail small box. $7. Done.

[Peter_Spaeth]

Originally Posted by T206Collector

+1. This is why AHs add the buyer's premium after the fact - to create the illusion of a cheaper price point for bidders. I never get upset about the premiums because I factor them into the amount I'm willing to bid. This post suggests not everyone does that.

You have to be living under a rock not to understand this, IMO.

[Stonepony]

Originally Posted by bnorth

I would say, no they don't. I average 2.26 post per day and am sure 3.67 of them are totally useless.

Hahahaha