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

[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.

[iowadoc77]

Originally Posted by CW

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.

Which most people don't do when they have the cardboard fever and have to have the card. Rational thought goes out the window, focus is lost, and the card must be won. Until the smoke clears. And the buyers remorse kicks in. Not that I know from experience or anything. You see, I have this friend...

[mechanicalman]

This past weekend, I won a card from Goldin, and I believed the shipping and insurance was excessive. I called them today to ask that they not charge the insurance ($28 worth) because I am covered under my collector's policy. They agreed to do so only if I provided a FedEx number, which I did. Using my FedEx should result in lower shipping than if they sent it on their account. My point is that there may be ways to reduce the final bill.

That said, when it comes time to consign, I'm likely to give the nod to AHs who have the best buying experiences. As in, free shipping or shipment before payment. Just saying.

[irishdenny]

Originally Posted by 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

Originally Posted by mechanicalman

This past weekend, I won a card from Goldin, and I believed the shipping and insurance was excessive. I called them today to ask that they not charge the insurance ($28 worth) because I am covered under my collector's policy. They agreed to do so only if I provided a FedEx number, which I did. Using my FedEx should result in lower shipping than if they sent it on their account. My point is that there may be ways to reduce the final bill.

That said, when it comes time to consign, I'm likely to give the nod to AHs who have the best buying experiences. As in, free shipping or shipment before payment. Just saying.

I Simply Love You Guyz

Turning a "Bad THiNG" inta a "Good THiNG"
Has Always Been WHaT the Net54 Prewar Board is ALL about!

Not Really WHaT the OP intended...
As Another Member Pointed out, ie...
"Why Just Come Here & Complain About it!?"

Howevar, Other Grasshoppers Hav Glean'd
FRoM THEiR MaSTER AH Sensei's...

Wisdom is Free to Those Who Shall Heed it's Teachings

[bobbyw8469]

As in, free shipping or shipment before payment.

I don't care how good a customer you are.....shipping before payment should be a no-no. If I was a consignor, I would be livid if an AH shipped out my items before getting payment.

[KMayUSA6060]

Can someone explain to me why there's a Buyer's Premium? I get that's how the AH gets paid, but why is that "tax/fee" put on the buyer, and not the seller/consignor?

[Steve D]

Originally Posted by CW

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.

You really don't even need a calculator. The most common buyer's premium is 20%. So, if you're bidding $370 on an item, it's easy to determine the BP. Take 10% of the bid ($37); multiply x2 ($74). Then add $74 to $370 and you get $444; that is the total bid with the BP. Simple!

Steve

[wondo]

Originally Posted by Steve D

You really don't even need a calculator. The most common buyer's premium is 20%. So, if you're bidding $370 on an item, it's easy to determine the BP. Take 10% of the bid ($37); multiply x2 ($74). Then add $74 to $370 and you get $444; that is the total bid with the BP. Simple!

Steve

You just proved I need a calculator.