Auctions

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VeritasVincit
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Joined: Fri Sep 30, 2016 9:40 am

Auctions

Postby VeritasVincit » Mon May 13, 2019 5:36 pm

Yes, I know it's sad, but with a mild interest in antiques, I find Flog It interesting.
I do though get a little annoyed when the auctioneers commission is announced.
Todays auction house charge 20% [usually 15% is more common], so the seller loses this from the hammer price and the buyer finds the price they pay inflated by 20%.
I realiise the auctioneers do some research and have expenses including publicity, but 40% does seem rather steep.

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Holden Mcgroyne
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Joined: Sat Apr 09, 2005 2:13 pm

Re: Auctions

Postby Holden Mcgroyne » Mon May 13, 2019 7:10 pm

Used to dabble in online auctions a few years ago. Fucked up when I thought I was putting a low reserve bid pre the auction that I couldn't watch. Turned out I'd bid and subsequently won a whole lot of 32 Boomboxes. Could barely fit the fucking things in my car and ended up giving them away or selling for fuck all on ebay.
'I say if the flats aren't good enough for you, why don't you f... off back to Somalia' .........Jon Gaunt


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