Hope this doesn't hijack your thread but I was about to ask a similar but more generic question. I recently found an auction site with pretty good stuff and the valuation was reasonable. As I dug further to see what I would have to do to register and bid I found the fee schedule. This place charged the seller 5-30% AND charged the buyer 25%! WTF?
"For every complex problem there is an answer that is clear, simple, and wrong." H.L. Mencken
The juice for this week's iAuction 3476 is being calculated at 20% even though their terms list the buyer's premium as 17.5%. >>
The above claim is absolutely false. Every lot listing that I've checked tonight shows a Buyer's Fee of 17.5%.
Perhaps you could qualify how you arrived at your observation ? >>
I arrived at my observation by using 3rd grade math to determine that my bid of $220.00 that displays a buyer's premium of $44.00 amounts to 20% juice.
Is your math in conflict with my math? Was my 5 years in 3rd grade not enough?
I'm still waiting for a refund from them from a month ago where I was billed at a higher bid than than my max bid.
(In case anyone wants to dispute any of my contentions, I have screen shots of all of this stuff )
which lot. not bidding but the ones I look at show 17.5% BP. I do see they must have a $15 minimum.
How much is shipping for the weekly auctions? I bought one in a regular sale and the shipping made Heritage look like Santa Claus (over $20 to ship a $300 coin, which took 2 weeks to arrive)
Collector and Researcher of Liberty Head Nickels. ANA LM-6053
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<< <i>17.5% >>
The juice for this week's iAuction 3476 is being calculated at 20% even though their terms list the buyer's premium as 17.5%.
<< <i>
<< <i>17.5% >>
The juice for this week's iAuction 3476 is being calculated at 20% even though their terms list the buyer's premium as 17.5%. >>
The above claim is absolutely false. Every lot listing that I've checked tonight shows a Buyer's Fee of 17.5%.
Perhaps you could qualify how you arrived at your observation ?
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
<< <i>
<< <i>
<< <i>17.5% >>
The juice for this week's iAuction 3476 is being calculated at 20% even though their terms list the buyer's premium as 17.5%. >>
The above claim is absolutely false. Every lot listing that I've checked tonight shows a Buyer's Fee of 17.5%.
Perhaps you could qualify how you arrived at your observation ? >>
I arrived at my observation by using 3rd grade math to determine that my bid of $220.00 that displays a buyer's premium of $44.00 amounts to 20% juice.
Is your math in conflict with my math? Was my 5 years in 3rd grade not enough?
I'm still waiting for a refund from them from a month ago where I was billed at a higher bid than than my max bid.
(In case anyone wants to dispute any of my contentions, I have screen shots of all of this stuff )
How much is shipping for the weekly auctions? I bought one in a regular sale and the shipping made Heritage look like Santa Claus (over $20 to ship a $300 coin, which took 2 weeks to arrive)
<< <i>which lot. >>
Multiple lots upon which I placed bids last night. All display 20% juice contrary to their terms stated elsewhere.