Rock Island Fees - Page 2

Ron Wood · 02-17-2008, 12:54 AM

If RIA is like other auction houses, they are realizing at least 30-40% profit on the hammer price (buyers and sellers fees). I know that there is overhead involved in hosting an auction, but 1/3 of the sale price seems just a bit over the top. I have the same gripe with other auction sites and I have to choose between making a bid and a kick in the groin to participate...I really have to painfully want the item.

Hugh · 02-17-2008, 01:21 AM

Rest assured that they are charging the seller the same or more % fee also

alvin · 02-23-2008, 02:35 PM

The normal "buyer's premium" is 15%, if paid by credit card, then 17.5%. Bided once there, too far away from final winning price..... I lose but I felt happy.

dreiluger · 03-17-2008, 10:03 AM

They seem to do a really nice job on the catalogs but @ $60 each + shipping they should look really good. I one on my bookshelf and the photography is VERY nice.

02-17-2008, 12:54 AM	#21
Ron Wood Moderator 2010 LugerForum Patron Join Date: Jun 2002 Location: Santa Teresa New Mexico just outside of the West Texas town of El Paso Posts: 7,051 Thanks: 1,121 Thanked 5,287 Times in 1,728 Posts	If RIA is like other auction houses, they are realizing at least 30-40% profit on the hammer price (buyers and sellers fees). I know that there is overhead involved in hosting an auction, but 1/3 of the sale price seems just a bit over the top. I have the same gripe with other auction sites and I have to choose between making a bid and a kick in the groin to participate...I really have to painfully want the item. __________________ If it's made after 1918...it's a reproduction

02-17-2008, 01:21 AM	#22
Hugh RIP Join Date: Jun 2002 Location: Southeast Texas Swamp Posts: 2,460 Thanks: 2 Thanked 166 Times in 65 Posts	Rest assured that they are charging the seller the same or more % fee also __________________ *TRUMP FOR PREZ IN '20!*

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02-23-2008, 02:35 PM	#23
alvin User Join Date: Jul 2007 Location: US Posts: 3,843 Thanks: 132 Thanked 729 Times in 438 Posts	The normal "buyer's premium" is 15%, if paid by credit card, then 17.5%. Bided once there, too far away from final winning price..... I lose but I felt happy.

03-17-2008, 10:03 AM	#24
dreiluger User Join Date: Dec 2007 Posts: 9 Thanks: 0 Thanked 0 Times in 0 Posts	They seem to do a really nice job on the catalogs but @ $60 each + shipping they should look really good. I one on my bookshelf and the photography is VERY nice.