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#51
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The BP is known and experienced bidders factor the cost of the BP into the final amount. My problem with almost all of the AH's is the outrageous S&H that most charge. These are the unadvertised charges that seem arbitrary and really drive up the cost of bidding. How about at least giving us a range of your S&H fees, so it is not a surprise after the auction is over?
Jeff |
#52
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R0b G0u13t Last edited by Fballguy; 05-31-2018 at 12:56 PM. |
#53
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REA.
As a courtesy to bidders, REA will be paying for all packing, shipping, and insurance charges for winning bidders, pro-vided payment is received within 14 days in accordance with section 26 of these terms and conditions, with the following ex- ceptions: 1) International shipments. If you are shipping to an address outside of the United States, you must pay all packing, shipping, and insurance charges. If you are an international bidder who desires to have your item shipped to a US address, we will gladly do this for you and offer free shipping where applicable. 2) Unusually large or heavy items inherently requiring significant special packing, crat-ing, and shipping (such as stadium seats and large photographic displays). These lots are clearly identified in their respective descrip-tions as requiring special packing and shipping charges. Winners of these lots will be billed for packing, shipping, and insurance charg-es with a separate shipping invoice (to allow us to communicate with winners to be responsive to their shipping preferences). Last edited by Snapolit1; 05-31-2018 at 12:56 PM. |
#54
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It is very disappointing to learn that I am competing against collectors who do not factor in the BP, S/H and Sales Taxes when they bid. If we both value the same card equally, I will always lose because after the fact the collector didn't realize he was paying more than its worth!
I recently dropped out of bidding on an item in Heritage because the same grade of the same card was available on ebay for less -- but only if you realized that the BP, S/H and Sales Tax was going to push you over that line. And it finally explains why that phenomenon occurs.
__________________
Galleries and Articles about T206 Player Autographs www.SignedT206.com www.instagram.com/signedT206/ @SignedT206 |
#55
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How is REA doing with their no handling charges? Maybe I will run an auction house after their model.
Last edited by Snapolit1; 05-31-2018 at 12:57 PM. |
#56
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Wrong. It's an auction house. Probably the biggest in the world.
__________________
R0b G0u13t |
#57
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So now you're comparing price gouging during an emergency to an internet sports memorabilia auction? Analogies are not your strong suit.
__________________
Check out https://www.thecollectorconnection.com Always looking for consignments 717.327.8915 We sell your less expensive pre-war cards individually instead of in bulk lots to make YOU the most money possible! and Facebook: https://www.facebook.com/thecollectorconnectionauctions |
#58
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Rea
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#59
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It is impossible to say without knowing how much REA averages on the seller's premium.
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#60
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Auction House Bidding
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#61
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With all the money you made in the REA auction Larry maybe Heritage just thought you could afford it
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#62
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If I ran an AH or was employed by one, I would appreciate the optics of a stupid handling charge on top of a commission on top of a shipping charge. If you need money that badly, I'd bury the cost in the BP or shipping, and not have yet another line item appearing on the customer's invoice. It has nothing to do with controlling costs, but in avoiding common sense things that suggest to your client's price gouging.
If you including the internet and breakfast into the price of the hotel room and don't charge $15 for each believe me you will get a lot fewer complaints. It's called common sense. Last edited by Snapolit1; 05-31-2018 at 01:25 PM. |
#63
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I'm sure the AHs are barely making ends meet with their inflated buyer's premiums and oh so exorbitant extra slow shipping charges.
__________________
R0b G0u13t |
#64
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False It's not part of the total cost...It's an add on. In almost all cases the item can be had for less on eBay.
__________________
R0b G0u13t Last edited by Fballguy; 05-31-2018 at 01:29 PM. |
#65
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Auction House Costs
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#66
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At the end of the day, as long as the charges are disclosed, then a buyer should just figure out what is the NET number that he is willing to pay for an item and discount that number by the different charges and bid that number. |
#67
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Unfortunately in my case this is not the case. If it were I would just be buying on eBay.
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#68
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#69
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Remove ANY listed charges from Steve's invoices including shipping and handling, and triple his BP.... he'll be happy with paying a lot more in the end as long as an additional "line" doesn't show up on his invoice... "It's called common sense" |
#70
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Only SCP has not. Problem out at the beach instead of in the office this past week. Oh and Heritage said they have a $5000 minimum consignment, that's news to me as I have consigned to them 3-4 separate occasions in the past and never met that $$$ amount. Close but not 5K. Hmmmm. |
#71
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That is completely false in my experience. PWCC holds half the highs on commodity cards I would bet.
__________________
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. Last edited by Peter_Spaeth; 05-31-2018 at 02:21 PM. |
#72
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Auction House Costs
With all due respect you are 100% incorrect. Fur example, if a card is worth say $100, a collector typically bids roughly $80 because they know with the BP they will be paying close to that $100 value. If there was no BP (like eBay), they would bid up to $100. That is COMMON knowledge, and I would estimate that at least 90% (conservatively) of Collector’s realize that concept.
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#73
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I agree, with all the money they pull in , you would think they could design a website which is easy to understand and use. So confusing.
__________________
Wanted : Detroit Baseball Cards and Memorabilia ( from 19th Century Detroit Wolverines to Detroit Tigers Ty Cobb to Al Kaline). |
#74
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There is no web site more transparent than Heritage. Every bid shows what your bid is both with and without the buyers premium. The solution for the OP is easy. If you don't want to pay the fully disclosed charges in the future, don't bid. My guess is that somehow Heritage will make it through without you.
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#75
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Hey, Larry, how about answering this?? Because YOU clicked the bid button, which stated exactly how much you were paying with buyer's premium. To complain about it now makes you look like a whiner.
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#76
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First off greetings to everyone as I am a fairly new member and have not yet made a post. I do surf the pre WWII forums since I collect T206 and other oddball old stuff. I buy from many auction houses and I think Heritage is the only one that uses a flat buyers premium up to a certain dollar amount that then switches over to a percentage. All they are doing is protecting the profits, which is all fine and dandy.
My issue is with the shipping. Yes the packaging will be the only thing left if a nuclear bomb falls on my house, but they are still making a nice tidy profit above and beyond the buyers premium. I looked through some old invoices. Auction House Date Card Quantity Value Cost for Shipping Heritage 5/30/17 |
#77
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First off greetings to everyone as I am a fairly new member and have not yet made a post. I do surf the pre WWII forums since I collect T206 and other oddball old stuff. I buy from many auction houses and I think Heritage is the only one that uses a flat buyers premium up to a certain dollar amount that then switches over to a percentage. All they are doing is protecting the profits, which is all fine and dandy.
My issue is with the shipping. Yes the packaging will be the only thing left if a nuclear bomb falls on my house, but they are still making a nice tidy profit above and beyond the buyers premium. I looked through some old invoices. Auction House Date Card Quantity Value Cost for Shipping Heritage 5/30/17 1 $126.00 $10.30 Heritage |
#78
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Sorry for the double post and cut-off
Heritage charged me $8.00 to ship two cards value at $74.00 on 5/15/17. On 7/16/17 they charged me $12.65 to ship one card value at $52.00. On 10/28/17 Sterling charged me $18.00 shipping for twenty-nine card value at $1200.00. Both auction houses packaged well and the stuff got here quickly. To Heritage's credit they do list everything on website. You just need to be careful when calculating the total value of a bid. Michael Schlegel |
#79
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Heritage
1st of all the thread is for information purposes only
Those who cant read or understand shouldnt respond Everyone knows theres a 20 % buyers premium...duh Show me where it says Sorry but we need to make money on postage and charge tax on it Either way not the point Point is now everyone is aware of the fact...period To the person who thinks their website is good...congrats...youre a unique person |
#80
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i think you are the last person who should criticize people who don't "read or understand"
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#81
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Heritage
So based on the last few posts
Their postage charge is just random Hmmmm |
#82
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In a hobby rife with fraud of all sorts, including rampant card alteration, nothing seems to get people going like shipping charges.
Federal jury finds an elite hobby figure fraudulently manipulated the market? Yawn. Heritage overcharges a few bucks for shipping? Earthquake!!!!!
__________________
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. Last edited by Peter_Spaeth; 05-31-2018 at 03:58 PM. |
#83
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thank you for making my point: i think you are the last person who should criticize people who don't "read or understand"
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#84
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All that being said...lo and behold...I receive shipping confirmation from Heritage today. Finally...only 10 days after Paypal payment.
Coincidence I'm sure.
__________________
R0b G0u13t Last edited by Fballguy; 05-31-2018 at 04:07 PM. |
#85
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Heritage
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My generation learned how to read 2 cards $72+ $8postage 1 card $50+ $10 postage 1 card $65 $13 postage Seems pretty random to me Closed conversation... |
#86
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Yes, now we are all aware of the fact that you either didn't read, or didn't understand, or chose to ignore the user agreement that you explicitly agreed to by registering and then bidding with Heritage. Got it.
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#87
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To the OP, did you win anything from Christies? Would like to hear your thoughts about their shipping charges. I completely agree with Jay that Heritages website is really good. It takes little time to figure out how to navigate it, and once you do.... You will agree its pretty darn good.
__________________
Love Ty Cobb rare items and baseball currency from the 19th Century. |
#88
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http://www.flickr.com/photos/calvindog/sets |
#89
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Heritage also has a shipping calculator. I won a lot in the last auction and knew going in what the BP was and what the shipping was. The invoice was within a few cents of the estimate that was readily calculated with the info available before I bid. It can't get much more transparent and idiot-proof than that, though I do understand that idiots are quite ingenious.
As for the taxes, again, the AH has to remit the taxes--or you do via the use tax. They don't make a dime on that; it is in fact a big cost center because someone has to track, remit and file returns all across the country for all the sales. Heritage just happens to have facilities in several jurisdictions, so it is obliged to collect the tax. Real convenient when you want to have a rep pick up a big consignment. Not so much if you want to dodge your tax obligations.
__________________
Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not... Last edited by Exhibitman; 05-31-2018 at 04:56 PM. |
#90
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What kills me is AH's that charge 10% sellers premium on top of a 20% BP. What entitles these people to 30% of my collection?
Defenders are going to come up with all sorts of reasons why this is acceptable as well as negotiable, but I still say it is wrong. When I am ready to sell, I will shop my collection as if it is worth 1K, and consign everything to a big AH that doesn't gouge the little guy. |
#91
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David, as you say, it is negotiable. I cannot recall the last time I paid a commission/sellers premium/whatever you call it. There is an AH that will work with most any consignment. You just may not get REA or Heritage interested.
As for why they deserve to get paid, well, selling is a heck of a lot of work. All you ever see is the end product. Someone has to market and get the consignments, take photos, write copy, create the web site, load the images and copy, set pricing, collect funds, account for funds, remit to the appropriate persons, pack and ship orders, handle customer service, run the back office parts of the business, etc.
__________________
Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not... Last edited by Exhibitman; 05-31-2018 at 05:00 PM. |
#92
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__________________
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. |
#93
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There are other options out there.
In a perfect world the AH would charge no consignors fee, a very low buyers fee(say 12 1/2%) charge at or near actual shipping plus insurance(often less than actual) AND pay consignors two weeks after the auction ends. If you would like to find this AH, PM me and I can hook you up! Scott p.s. my current auction ends Saturday June 2nd. www.brockelmanauctions.com Last edited by sb1; 05-31-2018 at 05:18 PM. |
#94
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None of the fees are hidden so do a few quick calculations before you bid. Yes, Heritage can be a bit pricey and I think you do a little better bidding on higher value items with them. If you win a $75 card you will probably get hit with some higher costs.
I have no problem with Heritage charging sales tax because it is the law and they have to. And they are not keeping one penny of it, as all they collect goes to the government. My only issue is it is hard for me to be competitive when another bidder is free of the sales tax obligation. He has a nearly one increment advantage over me so it makes it more difficult to win something. So I prefer bidding with an auction house that doesn't need to charge me the tax. But I don't begrudge those who do, and I calculate everything before I bid. If you think a company charges you too much, find another to do business with. There is no shortage of auction houses. Last edited by barrysloate; 05-31-2018 at 05:19 PM. |
#95
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The Other Scott P.S. We have an auction Tuesday. Since we're plugging
__________________
Check out https://www.thecollectorconnection.com Always looking for consignments 717.327.8915 We sell your less expensive pre-war cards individually instead of in bulk lots to make YOU the most money possible! and Facebook: https://www.facebook.com/thecollectorconnectionauctions |
#96
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#97
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__________________
[I]"When you photograph people in colour you photograph their clothes. But when you photograph people in B&W, you photograph their souls." ~Ted Grant Www.weingartensvintage.com https://www.facebook.com/WeingartensVintage http://www.psacard.com/Articles/Arti...ben-weingarten ALWAYS BUYING BABE RUTH RED SOX TYPE 1 PHOTOGRAPHS--->To add to my collection |
#98
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I can't say for certain, but if they use FedEx for delivery the cost can be based on distance from shipping point to destination. That might explain the variations in shipping charges.
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#99
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As the saying goes, vote with your feet. If you don't like the situation, don't bid with them. That's the decision I made, although it wasn't based on shipping charges. Pretty easy and I don't regret it at all.
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#100
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the assumption that an auction house is an auction house is an auction house amuses me in threads like this. while i think all AHs should provide certain essentials and services, the reality is our hobby has two major auction houses, some midsize ones, some that are run almost as a hobby or second source of income by their owners and others that literally consist of one person who could afford the auction software. when you consider the different margins (not to mention goals of the owners involved) it's not surprising things like shipping time, consignor checks and customer service vary. i can almost guarantee that if i started an AH with the business model of using it to sell things from my collection and take whatever consignments trickled in, i would be one of the most competitive in the hobby.
Last edited by RedsFan1941; 05-31-2018 at 07:40 PM. |
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