Funny, but when I pay for that poster it seems like that was the
price to me.
Lock, stock and barrel.
Kirby McDaniel
www.movieart.net
On Jul 13, 2008, at 2:40 PM, martin s wrote:
FINALLY, someone who gets it!
Thanks Craig, that's it exactly... The sales price of the poster is
the $ amount when the auctioneer says "SOLD". Everything added
after that is a fee, tax, or shipping charge.
As you said, it breaks down into collectors and dealers. Dealers
need to roll all of those extra expenses into the total price paid,
however, that is NOT the price that the poster SOLD for.
If I paid 10K for a poster, 2k for BP, 825. for tax, and 100. for
shipping, My total paid is $12,925, but the "sale price" of the
poster is still 10K. Everything else is fees, taxes and other charges.
Best wishes,
M
----------------------------------------
Date: Sun, 13 Jul 2008 10:03:14 -0700
From: [EMAIL PROTECTED]
Subject: Re: [MOPO] O.k....Where do you stand?
To: MoPo-L@LISTSERV.AMERICAN.EDU
At 04:51 AM 7/13/2008, Roland Lataille wrote:
I just won a one sheet Cinerama roadshow Circus World poster from
Heritage for $60 plus $11.70 for BP. I would say I paid $71.70 for
it. I think I got a pretty good deal as I was willing to pay a lot
more for it. You don't see this Cinerama roadshow poster on Ebay
very often.
Seems to me there's a difference between the "sales price" (i.e.
what the
poster sold for) and the cost of acquiring it. If I buy a poster --
or anything
-- from someone in person (or from someone from whom I can pick it
up)
there is no shipping fee. That doesn't mean the item sold for
less. It
means there were no added fees.
While a Buyer's Premium is something I would have to pay if I
bought a
poster through an auction house, it is a fee that I need to be
willing to pay
but isn't truly part of the poster's "price", no more than sales
tax, or money
later spent to fix up, linenback, or frame a poster. Those may be
part of
what I need or want to spend on the poster, but they aren't part
of the price.
Frankly, saying it is sounds more like dealers trying to find ways
to push up
the price of a poster. "It sold for $1000 plus a 20% BP, so the
real price is
$1200. Next time, someone should pay $1150 plus a BP of 15% so the
value will be $1440." It's a fee on a fee on a fee that people
are using to
artificially inflate the value.
It is, I'll concede, more accurate to say the *cost* of the poster
was the
auction price plus all other expenses incurred. But that doesn't
make it the
value of the poster.
Craig.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Craig Miller Wolfmill Entertainment
[EMAIL PROTECTED]
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