DakotaDave Posted September 19, 2014 Share #51 Posted September 19, 2014 I don't mean to go off on a rant but 25% buyers premium, when is this madness going to end? How is it that auction houses are the only businesses that can get away with charging you to spend your own money? Many auction houses also charge the seller as well...... so they basically get you coming and going!! DakotaDave Link to comment Share on other sites More sharing options...
Manchu Warrior Posted September 19, 2014 Share #52 Posted September 19, 2014 There is a local auction that charges 50% commission if you table of items doesn't go for a certain amount. They get the 15% buyers premium on top of that. So do the math. The auction house is getting 65% and the consignor is getting 50%. How perverted is that? Again, I don't understand the whole concept of a buyers premium. Even Walmart doesn't make 100% profit and they have overhead and yet no buyers premium. I tolerated 10% and I was easy to find during the week because I was always at what ever auction was going on that night. But since they raised the buyers premium up to 15% I don't go to auctions near as much I use to. I also really don't miss them as much as I thought I would. I apologize for my rant. Link to comment Share on other sites More sharing options...
JDK Posted September 20, 2014 Share #53 Posted September 20, 2014 I'm with you. I used to hit quite a few auctions when commissions were around 10%. Now they are 20-25% at most places. I just quit going, and participating in online auctions through auction houses. Funny thing is that ebay is up around that 13% area now as well. I think I got into the wrong industry! Haha JD Link to comment Share on other sites More sharing options...
BEAST Posted February 20, 2015 Share #54 Posted February 20, 2015 I haven't had a chance to watch it yet, but on Fox Business Network's new show, Strange Inheritance, they have a segment withg the family that owned the letters. http://www.bostonmagazine.com/arts-entertainment/blog/2015/02/15/strange-inheritance-jfk-letters/ Link to comment Share on other sites More sharing options...
KASTAUFFER Posted February 20, 2015 Share #55 Posted February 20, 2015 Its funny they don't mention that he sold them Kurt Link to comment Share on other sites More sharing options...
kcmo Posted January 10, 2020 Share #56 Posted January 10, 2020 Looks like it is back up for sale. I need a winning lottery ticket right about now. https://rrauction.com/catalogPalongerCollection-2.cfm Link to comment Share on other sites More sharing options...
Pete-o MSU Posted January 11, 2020 Share #57 Posted January 11, 2020 Since the purple heart is missing the drape I would probably pass on it... Link to comment Share on other sites More sharing options...
Skysoldier80 Posted January 11, 2020 Share #58 Posted January 11, 2020 Super cool Link to comment Share on other sites More sharing options...
Bob Hudson Posted January 11, 2020 Author Share #59 Posted January 11, 2020 . Link to comment Share on other sites More sharing options...
Bob Hudson Posted January 11, 2020 Author Share #60 Posted January 11, 2020 It looks the Marney items have been added to some other JFK items to create this group now for sale with an opening bid of $1.5 million! Link to comment Share on other sites More sharing options...
Bodes Posted January 11, 2020 Share #61 Posted January 11, 2020 Since the purple heart is missing the drape I would probably pass on it... Since I haven't won the lottery yet, I too will probably just let it go by....Bodes Link to comment Share on other sites More sharing options...
pathfinder505 Posted January 11, 2020 Share #62 Posted January 11, 2020 I was going to bid but don't have my income tax refund yet. Link to comment Share on other sites More sharing options...
kcmo Posted January 11, 2020 Share #63 Posted January 11, 2020 Pete, Tell you what. Go ahead and buy it and I'll give you the drape. I'll trade you for it group later. Link to comment Share on other sites More sharing options...
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