[meteorite-list] Auction Questions

From: Adam Hupe <raremeteorites_at_meteoritecentral.com>
Date: Sat, 4 Aug 2012 07:20:01 -0700 (PDT)
Message-ID: <1344090001.12177.YahooMailNeo_at_web122003.mail.ne1.yahoo.com>

I can see where this gimmick comes into play.? You received 100% of the hammer price but maybe only received 75% of the real price realized for the object.? I can see where this sounds good to a seller but in reality the auction house is still receiving up to 40% of the real price the item sold for.

This does help clear things up for me.? The hammer price means very little when when a buyers premium is put into play.? To me, it is a gimmick to mislead buyers and sellers into thinking they got a good deal.? I wonder if this started out as a way to daze and confuse buyers and sellers?

Kind Regards,

Adam



?

----- Original Message -----
From: "peterscherff at rcn.com" <peterscherff at rcn.com>
To: Adam Hupe <raremeteorites at yahoo.com>; Adam <meteorite-list at meteoritecentral.com>
Cc:
Sent: Saturday, August 4, 2012 7:08 AM
Subject: Re: [meteorite-list] Auction Questions

Hi,

I have sold stuff at auctions where I received 100% of the hammer price. The auction houses only cut was the buyers premium.

Peter
Received on Sat 04 Aug 2012 10:20:01 AM PDT