Primarily Petroliana Shop Talk Forums Shop Talk Petroliana Forums General Petroliana Discussion LMAO!!! Auction Premiums.

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.