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LMAO!!! Auction Premiums.
#734975
Wed Aug 28 2019 02:57 AM
Wed Aug 28 2019 02:57 AM
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Joined: Jun 2012
Posts: 4,560 MICHIGAN
Steven C.
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I see Morphy's squeaked out another percentage point!!! LOL!!! Up to 26% now on their latest auction!! How long until we see 30%??? Ridiculous!!!!
Steve Coppens Always interested in Sunoco items! Really want a Sunoco National pump ad glass!!
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Please - NO offers to Buy or Sell in this forum category
Statements such as, "I'm thinking about selling this." are considered an offer to sell.
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Re: LMAO!!! Auction Premiums.
[Re: Steven C.]
#734991
Wed Aug 28 2019 01:15 PM
Wed Aug 28 2019 01:15 PM
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Joined: Jan 2013
Posts: 3,348 Peoria, IL
BryceG
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it is their way of trying to realize the full 20% premium as profit. they charge 20% BP + 3% Credit Card + 3% Third Party Fees... so that is how it comes to 26%. If you pay by check and bid using their platform, then its 20% still.
I have noticed many of the other regular sign auction companies have increased to 18% now. its all a bit crazy, but I suppose you just have to consider it in your bids. just bought a sign from Aumann's last week, it was 5% premium... felt fantastic about that, lol.
Wanted: Sweney Oil items - Peoria, IL Follow Me & my Finds on Instagram: @bryce_gillespie Collection & Items for Sale: www.OnceAlwaysPetro.com
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Re: LMAO!!! Auction Premiums.
[Re: Steven C.]
#734992
Wed Aug 28 2019 01:25 PM
Wed Aug 28 2019 01:25 PM
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Joined: May 2012
Posts: 1,618 Michigan, Union Pier
Done4
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Michigan, Union Pier
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Yup don't like it but when you think of the process to create an auction, many steps, getting the collection, photography, people, on line bidding set up, packing and shipping it sort of makes sense. I think this will deter many bidders especially on line. I know I'm out.
Have gas all the time
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Re: LMAO!!! Auction Premiums.
[Re: Steven C.]
#734998
Wed Aug 28 2019 02:45 PM
Wed Aug 28 2019 02:45 PM
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Joined: Jan 2009
Posts: 5,552 Portland Oregon
Craig Osbeck
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Portland Oregon
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Yes, way to high of fees. Notice the pumps in auctions have not seen their potential from shipping, fees, and what have you. I have not bought at auction now for about 3 years unless I go their. Oh well, there are still plenty of big dollar guys willing to pay.
Craig
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Re: LMAO!!! Auction Premiums.
[Re: Douglashwy]
#735107
Sat Aug 31 2019 12:40 PM
Sat Aug 31 2019 12:40 PM
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Joined: Jun 2012
Posts: 4,560 MICHIGAN
Steven C.
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After the 23% that I paid in the Iowa Gas auction. I was charged another 330$ for shipping. That was for 1 sign and 2 cans. There was no estamated shipping cost so really you're in the dark with this and stuck paying it or they put your purchase in a lockup and charge rent till you get it. Holy *****!!! Do you live at the north pole?? On another note, How long before we see 30%??
Steve Coppens Always interested in Sunoco items! Really want a Sunoco National pump ad glass!!
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