Posted by paul on September 14, 2007 at 19:32:50 from (66.44.132.223):
In Reply to: Some auction questions posted by John N Mi on September 14, 2007 at 11:08:07:
The auctioneer is representing the seller.
So, the seller can pay the fees.
Many have gone to a buyer's premium - the seller thinks is getting a deal, because the auction does not cost him much.....
But, a lot of people will not attend a buyers premium auction, and most who do bid less....
So, it is false savings.
If you are going to have an auction, think about it. You want to pay the auctioneer - so he does represent you. You want as many people to show up as possible - so you don't want any fees or costs to the curious. Many items get bought, or bid up, by the 'just curious.'
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Today's Featured Article - Show Coverage: Argyle and Mt. Pleasant Labor Day Weekend Shows - by Cindy Ladage. The last fling before summer fades into fall and we get busy in the fields are the annual Labor Day tractor shows. Beginning on September 5th and running through the 7th, the Argyle Antique Gas and Engine Show is held at the Argyle State Park. Located in West Central Illinois, the pine forest was the setting for the opening of the 22nd show. This year we decided to try to sell a few tractor parts, literature and wrenches to offset my husband's buying sprees. Saturday
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