The Donald P. Dow Collection of Lincolniana Auction (1/24/2015)
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01-24-2015, 07:50 PM
(This post was last modified: 01-24-2015 07:51 PM by Gene C.)
Post: #34
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RE: The Donald P. Dow Collection of Lincolniana Auction (1/24/2015)
A 25% buyers premium (per Dave@BoothieBarn twitter page) seems high to me, especially since some of the photos mentioned are spurious.
In comparison, most real estate auctions around here (western KY) get a 10% buyers premium (the auction price plus 10%) The last antique/estate auction I went to (several years ago) didn't charge a buyers premium. The auctioneer collected a commission from the seller on the total sales amount. I guess these fancy auction houses do it differently, http://www.skinnerinc.com/news/blog/auct...n-part-iv/ So when is this "Old Enough To Know Better" supposed to kick in? |
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