Re: [MOPO] Auction Houses Buyer's premium is it outdated
This does not make sense. The only thing that matters is the FINAL PRICE you pay for an item, and whether you are satisfied with it at that price. Are you saying you would not bid $300 for a COOL HAND LUKE one sheet if there were a 20% buyer's premium on it? Or $2000 for a FANTASIA one sheet? The auction houses have done a great service to this hobby, and they must make a living. I dare say 90% of the people on this list own posters who prices have been raised 200% to 300% by this history of this hobby since Bruce Hershenson consulted for the first auction at Christies in 1990. Kirby McDaniel www.movieart.net On Nov 3, 2007, at 6:19 PM, clinton crews wrote: How do you feel about the Buyer's premium put on auctions. Ranging from 15-23 % For me that is a deal breaker if any one of us added to the auctions we have Oh by the way you are bidding 2000 but you need to add 20 percent to your total. We would be kicked off ebay. I feel that with the ability to use a source like ebay auction houses. Have a lot more exposure then the did in years past. But they still add these high Buyer's premiums. Bruce at emovieposter most likely sells more posters then any group on the planet but he does not ding the buyers 15-20 percent when they win. I think if a auction house uses ebay or any other online service the Buyer's premium should be less maybe 3-10 % and less when the price goes above so many thousands lets say 5,000 they bring it down 4 percent. It just seems to me that you can only milk buyers for so much that is why the value of any poster can swing in price. Also I wonder do the auction houses charge the seller as well if so wow. They must make more then O.P.E.C. I understand there is some overhead but there must be a limit on that overhead. I am not trying to single out any group just the concept as a whole. Visit the MoPo Mailing List Web Site at www.filmfan.com___ How to UNSUBSCRIBE from the MoPo Mailing ListSend a message addressed to: [EMAIL PROTECTED] the BODY of your message type: SIGNOFF MOPO-LThe author of this message is solely responsible for its content. Visit the MoPo Mailing List Web Site at www.filmfan.com ___ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [EMAIL PROTECTED] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content.
Re: [MOPO] Auction Houses Buyer's premium is it outdated
. That is not a charge that we levy, nor do we receive any portion of it.) In addition to the Signature auctions that we hold in March, July, and November of each year, we also hold weekly Internet auctions with hundreds of lots of more affordable posters in genres from horror to sci-fi to Western and more, all in an effort to introduce more people to this exciting hobby. Heritage also employs a full-time IT staff of several dozen people to provide all the Internet and computer services our clients have come to expect. Visit www.HA.comhttp://www.ha.com/ and browse our website if you're not familiar with it. By registering on our site - a process that takes just a few minutes and is absolutely free - you'll have access to our Permanent Auction Archives, a wonderful resource of every lot we've sold at auction for more than the past decade. Every single poster we've ever sold is here, complete with full-color, enlargeable images, complete catalog descriptions, plus complete sales history. For anyone interested in researching movie poster pricing trends, this is an invaluable resource, and one that, to my knowledge, no other auction house, or poster dealer, offers. Additionally, Heritage also offers live bidding for all their Signature auctions through www.HA.com/Livehttp://www.ha.com/Live. With this free service - there is no extra Buyer's Premium charged for bidding through HALive - bidders can participate live, in real time, during an auction, competing with bidders on the floor. Of course, Heritage also offers phone bidding at no extra cost for those that prefer to participate in that fashion. You'll understand when I say that all these things - maintaining an extensive web site, server space for hundreds of thousands of images, administering live bidding, operators for phone bidding, etc. - cost money, all of which is paid for through Buyer's premiums and seller's fees. In addition Heritage has a full-time Accounting department that makes sure all the numbers crunch correctly and that billing and collections are handled efficiently, the Customer Service department that ensures client concerns are handled in a reasonable and timely fashion, and the large support staff that Heritage employs, and you can clearly see how the expenses a major auction house incurs stack up quickly. We've always encouraged bidders to factor the BP into their bids when determining how to participate. For example, if the maximum amount you're willing to spend on a poster is $2,200, your maximum bid should be about $1850. That way, you end up paying no more than you're comfortable with, and everybody's happy. Clinton, I hope this addresses your concerns abut Buyer's Premiums, and gives you some insight from the other side of the podium. If I can ever be of further assistance to you, please don't hesitate to contact me. Best regards, John E. Petty From: MoPo List [mailto:[EMAIL PROTECTED] On Behalf Of clinton crews Sent: Saturday, November 03, 2007 6:20 PM To: MoPo-L@LISTSERV.AMERICAN.EDU Subject: [MOPO] Auction Houses Buyer's premium is it outdated How do you feel about the Buyer's premium put on auctions. Ranging from 15-23 % For me that is a deal breaker if any one of us added to the auctions we have Oh by the way you are bidding 2000 but you need to add 20 percent to your total. We would be kicked off ebay. I feel that with the ability to use a source like ebay auction houses. Have a lot more exposure then the did in years past. But they still add these high Buyer's premiums. Bruce at emovieposter most likely sells more posters then any group on the planet but he does not ding the buyers 15-20 percent when they win. I think if a auction house uses ebay or any other online service the Buyer's premium should be less maybe 3-10 % and less when the price goes above so many thousands lets say 5,000 they bring it down 4 percent. It just seems to me that you can only milk buyers for so much that is why the value of any poster can swing in price. Also I wonder do the auction houses charge the seller as well if so wow. They must make more then O.P.E.C. I understand there is some overhead but there must be a limit on that overhead. I am not trying to single out any group just the concept as a whole. Visit the MoPo Mailing List Web Site at www.filmfan.com ___ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [EMAIL PROTECTED] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content. Visit the MoPo Mailing List Web Site at www.filmfan.com ___ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [EMAIL PROTECTED] In the BODY of your message type: SIGNOFF MOPO-L
Re: [MOPO] Auction Houses Buyer's premium is it outdated
--- Kirby McDaniel [EMAIL PROTECTED] wrote: I have to agree with Kirby on this one. Saying the 20% buyer's premium is outdated is simply incorrect. It's just the method by which auction houses make their money. Whether you like it or not is simply a matter of personal preference. It seems like every year or so, this argument comes up again and again with the same viewpoint. Actually I've always found the argument a bit ridiculous as many other businesses/ individuals make their commissions and tips the same way. Every product on the market gets a % markup by the store after purchasing it from the distributor. Waiters and waitresses make their money by requesting 20% tips. What's the big issue of an auction house making a buyers premium? The auction house is bringing a very legit service to the poster community and they deserve to make money for that service. If you don't want to participate, then just don't do it. No one is holding a gun to your head and saying you have to buy this item from that particular auction house. If you want to wait until it shows up on Ebay, then just wait. Maybe it will show up and maybe it won't. That's the risk you take as a collector. Also, I've always seriously wondered about the mathematical skills some people lack when they don't take the BP into account. If you don't want to pay more than $1000 for an item then don't bid more than $800. After the premium that makes the item $960. How hard is it? And also, just for the record, Bruce Hershenson didn't start poster auctions. I will say that the market did take a major increase in value when he did get Christie's involved. And Christie's involvment did bring a lot of exposure to the hobby that wasn't there before, but there were other auction houses well before then including Camden in LA and Guernsey's in New York among others. I should just clip and save this post so I can paste it into a response next year. Ron Moore Cinema Icons This does not make sense. The only thing that matters is the FINAL PRICE you pay for an item, and whether you are satisfied with it at that price. Are you saying you would not bid $300 for a COOL HAND LUKE one sheet if there were a 20% buyer's premium on it? Or $2000 for a FANTASIA one sheet? The auction houses have done a great service to this hobby, and they must make a living. I dare say 90% of the people on this list own posters who prices have been raised 200% to 300% by this history of this hobby since Bruce Hershenson consulted for the first auction at Christies in 1990. Kirby McDaniel www.movieart.net On Nov 3, 2007, at 6:19 PM, clinton crews wrote: How do you feel about the Buyer's premium put on auctions. Ranging from 15-23 % For me that is a deal breaker if any one of us added to the auctions we have Oh by the way you are bidding 2000 but you need to add 20 percent to your total. We would be kicked off ebay. I feel that with the ability to use a source like ebay auction houses. Have a lot more exposure then the did in years past. But they still add these high Buyer's premiums. Bruce at emovieposter most likely sells more posters then any group on the planet but he does not ding the buyers 15-20 percent when they win. I think if a auction house uses ebay or any other online service the Buyer's premium should be less maybe 3-10 % and less when the price goes above so many thousands lets say 5,000 they bring it down 4 percent. It just seems to me that you can only milk buyers for so much that is why the value of any poster can swing in price. Also I wonder do the auction houses charge the seller as well if so wow. They must make more then O.P.E.C. I understand there is some overhead but there must be a limit on that overhead. I am not trying to single out any group just the concept as a whole. Visit the MoPo Mailing List Web Site at www.filmfan.com___ How to UNSUBSCRIBE from the MoPo Mailing ListSend a message addressed to: [EMAIL PROTECTED] the BODY of your message type: SIGNOFF MOPO-LThe author of this message is solely responsible for its content. Visit the MoPo Mailing List Web Site at www.filmfan.com ___ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [EMAIL PROTECTED] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content. __ Do You Yahoo!? Tired of spam? Yahoo! Mail has the best spam protection around http://mail.yahoo.com Visit the MoPo Mailing List Web Site at www.filmfan.com
Re: [MOPO] Auction Houses Buyer's premium is it outdated
Ron A correction on your correction: 1) I never claimed to run the first movie poster auction. I didn't even run the first movie poster auction at a major auction house. I did, as I have always clearly stated, run the first all-movie poster auction at a major auction house. I also ran the first million dollar all-movie poster auction. Of course, over the years since, those records have been shattered many times, and now those points are solely of historical interest. I have also sold 29 million dollars of vintage movie paper (actual verified sales) and I feel that is certainly a record, but do doubt that too will be shattered in time (so it is just a matter of time before my name completely vanished from the movie poster record book). These days I pass my time selling mostly inexpensive movie posters, to many hundreds of poster collectors each week. I no longer often sell very expensive posters, but there are quite a few auction houses and dealers (with yourself among the very top echelon) who do on a regular basis, and I am sure I am not missed at all. I have provided many hundreds of collectors and dealers who have LOTS of unwanted items a way for them to effortlessly dispose of them, while receiving more than any dealer would offer them for those items, and at the same time, I provide many thousands of collectors a way to affordably participate in this hobby on a weekly basis. I truly don't miss selling those mega-expensive posters at all, and I am glad to see that there are so many of you who do so so well that I am not missed at all in that arena! Bruce Visit the MoPo Mailing List Web Site at www.filmfan.com ___ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [EMAIL PROTECTED] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content.
Re: [MOPO] Auction Houses Buyer's premium is it outdated
An important point they charge let's say 20 percent charge to the buyer. But then add the 15 percent to the seller That is 35 percent. So if a auction pulls lets say 2 million they make. 700,000. Also if you tip 20 percent god bless you . But waiters delivery drivers Etc. Can't make you tip if they do ask they get fired. I feel we forget that in a free market society things change when they need to. When buyers get tired of 20 percent you will see that number change. But again I stress what is a point of having what I consider the best group of Movie Poster collecters sellers Etc.. And we never bring up any topic of sustance. We have really gotton to the point of im selling this and that. And very few great poster conversations come up. So I am just being the devils advocate. We never need to get mad just state a fact not say your wrong. THEN WE STICK OUT OUR TOUNGS PUT FINGERS IN OUR EARS AND GO NA NA I'M NOT LISTEN TO YOU. Also I hope your cars do not use leaded gas remember things do change to the point we forget when and why. Also pop in a 8 track and play your record. From: Ron Mooremailto:[EMAIL PROTECTED] To: MoPo-L@LISTSERV.AMERICAN.EDUmailto:MoPo-L@LISTSERV.AMERICAN.EDU Sent: Monday, November 05, 2007 5:29 PM Subject: Re: [MOPO] Auction Houses Buyer's premium is it outdated --- Kirby McDaniel [EMAIL PROTECTED]mailto:[EMAIL PROTECTED] wrote: I have to agree with Kirby on this one. Saying the 20% buyer's premium is outdated is simply incorrect. It's just the method by which auction houses make their money. Whether you like it or not is simply a matter of personal preference. It seems like every year or so, this argument comes up again and again with the same viewpoint. Actually I've always found the argument a bit ridiculous as many other businesses/ individuals make their commissions and tips the same way. Every product on the market gets a % markup by the store after purchasing it from the distributor. Waiters and waitresses make their money by requesting 20% tips. What's the big issue of an auction house making a buyers premium? The auction house is bringing a very legit service to the poster community and they deserve to make money for that service. If you don't want to participate, then just don't do it. No one is holding a gun to your head and saying you have to buy this item from that particular auction house. If you want to wait until it shows up on Ebay, then just wait. Maybe it will show up and maybe it won't. That's the risk you take as a collector. Also, I've always seriously wondered about the mathematical skills some people lack when they don't take the BP into account. If you don't want to pay more than $1000 for an item then don't bid more than $800. After the premium that makes the item $960. How hard is it? And also, just for the record, Bruce Hershenson didn't start poster auctions. I will say that the market did take a major increase in value when he did get Christie's involved. And Christie's involvment did bring a lot of exposure to the hobby that wasn't there before, but there were other auction houses well before then including Camden in LA and Guernsey's in New York among others. I should just clip and save this post so I can paste it into a response next year. Ron Moore Cinema Icons This does not make sense. The only thing that matters is the FINAL PRICE you pay for an item, and whether you are satisfied with it at that price. Are you saying you would not bid $300 for a COOL HAND LUKE one sheet if there were a 20% buyer's premium on it? Or $2000 for a FANTASIA one sheet? The auction houses have done a great service to this hobby, and they must make a living. I dare say 90% of the people on this list own posters who prices have been raised 200% to 300% by this history of this hobby since Bruce Hershenson consulted for the first auction at Christies in 1990. Kirby McDaniel www.movieart.nethttp://www.movieart.net/ On Nov 3, 2007, at 6:19 PM, clinton crews wrote: How do you feel about the Buyer's premium put on auctions. Ranging from 15-23 % For me that is a deal breaker if any one of us added to the auctions we have Oh by the way you are bidding 2000 but you need to add 20 percent to your total. We would be kicked off ebay. I feel that with the ability to use a source like ebay auction houses. Have a lot more exposure then the did in years past. But they still add these high Buyer's premiums. Bruce at emovieposter most likely sells more posters then any group on the planet but he does not ding the buyers 15-20 percent when they win. I think if a auction house uses ebay or any other online service the Buyer's premium should be less maybe 3-10 % and less when the price goes
Re: [MOPO] Auction Houses Buyer's premium is it outdated
Actually through the magic of math, their gross commission comes out to just under 30% (remember they take 15% off the hammer price, not the total price). But I think it's interesting that you don't think a company should have that kind of gross margins. You might want to take a business class at your local community college. Do you mark up your posters 35% when you sell them? For some reason I have a feeling you've marked some of them up even more than that. And if you don't tip your waiters/waitresses 20%, then I'm really glad I haven't had the embarrassment of dining out with you. _ From: MoPo List [mailto:[EMAIL PROTECTED] On Behalf Of clinton crews Sent: Sunday, November 04, 2007 8:23 PM To: MoPo-L@LISTSERV.AMERICAN.EDU Subject: Re: [MOPO] Auction Houses Buyer's premium is it outdated An important point they charge let's say 20 percent charge to the buyer. But then add the 15 percent to the seller That is 35 percent. So if a auction pulls lets say 2 million they make. 700,000. Also if you tip 20 percent god bless you . But waiters delivery drivers Etc. Can't make you tip if they do ask they get fired. I feel we forget that in a free market society things change when they need to. When buyers get tired of 20 percent you will see that number change. But again I stress what is a point of having what I consider the best group of Movie Poster collecters sellers Etc.. And we never bring up any topic of sustance. We have really gotton to the point of im selling this and that. And very few great poster conversations come up. So I am just being the devils advocate. We never need to get mad just state a fact not say your wrong. THEN WE STICK OUT OUR TOUNGS PUT FINGERS IN OUR EARS AND GO NA NA I'M NOT LISTEN TO YOU. Also I hope your cars do not use leaded gas remember things do change to the point we forget when and why. Also pop in a 8 track and play your record. Visit the MoPo Mailing List Web Site at www.filmfan.com ___ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [EMAIL PROTECTED] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content. Visit the MoPo Mailing List Web Site at www.filmfan.com ___ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [EMAIL PROTECTED] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content.
Re: [MOPO] Auction Houses Buyer's premium is it outdated
Certainly the difference is that auction house don't typically own the items that they are selling. The risk is considerably lower (although they do have to produce the buyers). Ebay did somehow become the worlds most successful auction house w/o charging 30% commissions -- didn't they? As for you tipping example -- does it really make sense that we tip as a percentage of the cost of the meal? Did the waiter work harder when you ate a $50 dinner, than when you ate an $8 breakfast? Probably not, but you've decided that the dinner staff gets $10 and the breakfast staff gets $1.60! As for why they can get 30% -- lets be real -- its because they can! Frankly, if they can provide buyers at excellent prices for my posters and only charge me %15 of the hammer price, they can have my entire collection. And similarly, when I'm a buyer, I know what I'm willing to pay for a poster -- and I am not completely inept at math. -- Original message -- From: Sean Linkenback [EMAIL PROTECTED] Actually through the magic of math, their gross commission comes out to just under 30% (remember they take 15% off the hammer price, not the total price). But I think it's interesting that you don't think a company should have that kind of gross margins. You might want to take a business class at your local community college. Do you mark up your posters 35% when you sell them? For some reason I have a feeling you've marked some of them up even more than that. And if you don't tip your waiters/waitresses 20%, then I'm really glad I haven't had the embarrassment of dining out with you. _ From: MoPo List [mailto:[EMAIL PROTECTED] On Behalf Of clinton crews Sent: Sunday, November 04, 2007 8:23 PM To: MoPo-L@LISTSERV.AMERICAN.EDU Subject: Re: [MOPO] Auction Houses Buyer's premium is it outdated An important point they charge let's say 20 percent charge to the buyer. But then add the 15 percent to the seller That is 35 percent. So if a auction pulls lets say 2 million they make. 700,000. Also if you tip 20 percent god bless you . But waiters delivery drivers Etc. Can't make you tip if they do ask they get fired. I feel we forget that in a free market society things change when they need to. When buyers get tired of 20 percent you will see that number change. But again I stress what is a point of having what I consider the best group of Movie Poster collecters sellers Etc.. And we never bring up any topic of sustance. We have really gotton to the point of im selling this and that. And very few great poster conversations come up. So I am just being the devils advocate. We never need to get mad just state a fact not say your wrong. THEN WE STICK OUT OUR TOUNGS PUT FINGERS IN OUR EARS AND GO NA NA I'M NOT LISTEN TO YOU. Also I hope your cars do not use leaded gas remember things do change to the point we forget when and why. Also pop in a 8 track and play your record. Visit the MoPo Mailing List Web Site at www.filmfan.com ___ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [EMAIL PROTECTED] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content. Visit the MoPo Mailing List Web Site at www.filmfan.com ___ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [EMAIL PROTECTED] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content. Visit the MoPo Mailing List Web Site at www.filmfan.com ___ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [EMAIL PROTECTED] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content. ---BeginMessage--- Actually through the magic of math, their gross commission comes out to just under 30% (remember they take 15% off the hammer price, not the total price). But I think its interesting that you dont think a company should have that kind of gross margins. You might want to take a business class at your local community college. Do you mark up your posters 35% when you sell them? For some reason I have a feeling youve marked some of them up even more than that. And if you dont tip your waiters/waitresses 20%, then Im really glad I havent had the embarrassment of dining out with you. From: MoPo List [mailto
Re: [MOPO] Auction Houses Buyer's premium is it outdated
Hi Bruce! My comments about your involvement in Christie's auctions were essentially to rephrase what Kirby was writing about as, when I read his comments, it appeared he was suggesting you ran the first poster auctions. I know Kirby is aware of the earlier auction houses though so maybe it was just odd phrasing. Anyway, I was also agreeing with him that when you did bring Christie's into the poster market, it did increase the value of everyone else's collections substantially as those early Christies' auctions really raised the bar on poster values. I would never even remotely suggest that the impact of both you and Christie's was in any way inconsequential on the hobby. And I'll also say (again) that by bringing Christie's into the poster hobby, I think this hobby was taken to an entirely new level and given the major exposure it so desperately needed. What you, Rich, Grey (and his team) at Heritage along with all the other dealers on Ebay, etc are doing is great! You're bringing new people into the hobby and that's what's needed: More Exposure. More Exposure. More Exposure!!! By the way, I just finished reading John Petty's comments about all the work Heritage puts into the marketing, catalogs, web site etc. Those guys bust their ass over there putting those catalogs together- as I'm sure you did when you were putting your catalogs together- and as I'm sure you are doing now with your internet auctions. While I don't work full time for Heritage, I do help out when I have the time. And while I'm there, I've seen the amount of work that goes into the process. I don't think enough people out there understand the time and effort that go into these auctions and catalogs and that the fees that are being charged are actually quite fair given the product being delivered at the end of the day. Hey, keep up the good work and have a great day! Ron Moore --- Bruce Hershenson [EMAIL PROTECTED] wrote: Ron A correction on your correction: 1) I never claimed to run the first movie poster auction. I didn't even run the first movie poster auction at a major auction house. I did, as I have always clearly stated, run the first all-movie poster auction at a major auction house. I also ran the first million dollar all-movie poster auction. Of course, over the years since, those records have been shattered many times, and now those points are solely of historical interest. I have also sold 29 million dollars of vintage movie paper (actual verified sales) and I feel that is certainly a record, but do doubt that too will be shattered in time (so it is just a matter of time before my name completely vanished from the movie poster record book). These days I pass my time selling mostly inexpensive movie posters, to many hundreds of poster collectors each week. I no longer often sell very expensive posters, but there are quite a few auction houses and dealers (with yourself among the very top echelon) who do on a regular basis, and I am sure I am not missed at all. I have provided many hundreds of collectors and dealers who have LOTS of unwanted items a way for them to effortlessly dispose of them, while receiving more than any dealer would offer them for those items, and at the same time, I provide many thousands of collectors a way to affordably participate in this hobby on a weekly basis. I truly don't miss selling those mega-expensive posters at all, and I am glad to see that there are so many of you who do so so well that I am not missed at all in that arena! Bruce Visit the MoPo Mailing List Web Site at www.filmfan.com ___ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [EMAIL PROTECTED] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content. __ Do You Yahoo!? Tired of spam? Yahoo! Mail has the best spam protection around http://mail.yahoo.com Visit the MoPo Mailing List Web Site at www.filmfan.com ___ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [EMAIL PROTECTED] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content.
[MOPO] Auction Houses Buyer's premium is it outdated
How do you feel about the Buyer's premium put on auctions. Ranging from 15-23 % For me that is a deal breaker if any one of us added to the auctions we have Oh by the way you are bidding 2000 but you need to add 20 percent to your total. We would be kicked off ebay. I feel that with the ability to use a source like ebay auction houses. Have a lot more exposure then the did in years past. But they still add these high Buyer's premiums. Bruce at emovieposter most likely sells more posters then any group on the planet but he does not ding the buyers 15-20 percent when they win. I think if a auction house uses ebay or any other online service the Buyer's premium should be less maybe 3-10 % and less when the price goes above so many thousands lets say 5,000 they bring it down 4 percent. It just seems to me that you can only milk buyers for so much that is why the value of any poster can swing in price. Also I wonder do the auction houses charge the seller as well if so wow. They must make more then O.P.E.C. I understand there is some overhead but there must be a limit on that overhead. I am not trying to single out any group just the concept as a whole. Visit the MoPo Mailing List Web Site at www.filmfan.com ___ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [EMAIL PROTECTED] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content.
