What is the point of the "Buyer's Premium"?

[Exhibitman]

Peter, I have little doubt that a small but significant minority of bidders forget about the BP, taxes, and gouge-level shipping (excepting from the latter the AHS who have adopted flat-rate shipping), especially when making that last bid in the dead of night. I made a late bid in REA the other night and won the card, and I knew but did not really appreciate that my $160 bid became a $202 bill. Had the bid shown as $192 instead of $160 it might have given me pause.

[Snapolit1]

Originally Posted by Exhibitman

Peter, I have little doubt that a small but significant minority of bidders forget about the BP, taxes, and gouge-level shipping (excepting from the latter the AHS who have adopted flat-rate shipping), especially when making that last bid in the dead of night. I made a late bid in REA the other night and won the card, and I knew but did not really appreciate that my $160 bid became a $202 bill. Had the bid shown as $192 instead of $160 it might have given me pause.

If we were all perfect decision makers the world would look a lot different. No car accidents . . . no malpractice claims. . . . nobody would spend more money that they have . . . . nobody would marry a creepy loser . . . . the federal reserve wouldn't need to raise by another .75 basis points . . .

[Exhibitman]

Originally Posted by Snapolit1

If we were all perfect decision makers the world would look a lot different. ...nobody would marry a creepy loser

But, then how are card collectors supposed to have families?

[ullmandds]

Originally Posted by exhibitman

peter, i have little doubt that a small but significant minority of bidders forget about the bp, taxes, and gouge-level shipping (excepting from the latter the ahs who have adopted flat-rate shipping), especially when making that last bid in the dead of night. I made a late bid in rea the other night and won the card, and i knew but did not really appreciate that my $160 bid became a $202 bill. Had the bid shown as $192 instead of $160 it might have given me pause.

guilty!