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 - The Nuts and Bolts of Fasteners - Part 2 - by Curtis Von Fange. In our previous article we discussed capscrews, bolts, and nuts along with their relative hardness and thread sizes. In this segment we will finish up on our fasteners and then work with ways to keep them from loosening up in the field. Capscrews, bolts and nuts are not the only means of holding two parts together. When dealing with thinner metals like sheet tin, a long bolt and
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