PeakRarities ✭✭✭✭✭
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Re: Without being cynical, can we dive into the reason for higher buyer premiums?
Therein lies the problem, and the logic flaw that many in this thread overlook. The 20% “buyers premium” represents the highest gross profit margin (edit- perhaps really low value might have a 5% sel… (View Post)8 -
Re: Without being cynical, can we dive into the reason for higher buyer premiums?
It’s a figure with enough padding to allow flexibility, and the nomenclature is probably a psychological marketing effect thats better for attracting consignments. Whatever one wants to call it, it’s… (View Post)1 -
Re: Without being cynical, can we dive into the reason for higher buyer premiums?
There’s no such thing as a “person who doesn’t care about the buyers fee”. Someone with deep pockets didn’t get to that point by being stupid, everyone you’re bidding against adjusts their bid accord… (View Post)2 -
Re: Without being cynical, can we dive into the reason for higher buyer premiums?
You paid $11,500 total to acquire the coin, correct? The seller nets 10k, auction house makes 1500. If the "buyers fee" was 0%, and there was a 15% "sellers fee" instead, the amou… (View Post)5 -
Re: Cancel culture has gone too far. A reasonable response to the Lincoln Cent ending.
Obviously the cent was long overdue to have production ceased, but what the treasury could have done is offered some type of buyback program to pull in the existing cents from mason jars and piggy ba… (View Post)5