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I think it's a very nice example from '76. It previously sold through Robert Saunders, but I can't recall for how much.
RR Auction raised their rates to 22.5% with no more cash discount (since they no longer accept credit cards). I remember when auction houses charged 10%-15% and that was when items sold for far less than today. Can you spell G-R-E-E-D-Y?
I think the high rates will limit the bidders. It is hard to justify paying the winning bid, 22.5% juice and usually very high shipping costs. I like rr just fine and have purchased from them in the past. The added expense has kept me from doing much bidding with them (or several other auction houses with similar fees) for several years.
Nice purchase Paul. I was also looking at it; - but I suspect most people who managed (which in itself is a miracle) to get the items they wanted yesterday are going to get nasty shock when the bill arrives I only found out by accident re no ccards when I emailed sue re a separate issue and many people imo are going to be really stuck re payment this time.
On a plus note many dealers who buy in bulk and then put the stuff up on ebay at even more inflated prices are probably not going to be able to do this so much because people do rely on credit cards; -
My feelings exactly. And you try getting out of a bid ; - it isn't easy; actually its impossible. I was the only bidder on something, found out that the shipping was nearly c $160 for over seas shipping for a photo in a frame & I was told it was a contract by putting a bid down and I had to abide by it & quoted me all their rules (which are completely NON understandable). I thought they would cancel the bid immediately in these circumstances but not at all. To say I was relieved when someone out bid me was the understatement of the year!!!
Posted by CJCollector on November 11, 2024 at 6:03pm 0 Comments 1 Like
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