Proxi-bid..??

[sheepherder]

Originally Posted by Mike B

However the 18% buyers premium is a killer...

Originally Posted by lew1

Proxibid...For their services there is a fee and the auction houses pass such along to the buyer as part of the buyer's charge.

Ok, I'm confused...RIAC charges 15% (or is it 17%? - I didn't win, don't know) and Proxi-Bid charges 18%??? Do you pay a cumulative service charge, or just one of the two???

I don't see any advantage to using Proxi-Bid as opposed to bidding yourself on RIAC, for instance...It would even be cheaper...

Maybe for anonymity??? Or just to use Proxi-Bid to locate an auction with, say, a Russian Contract 1906 Luger and then go to that auction and bid on it??? Not use Proxi-Bid at all???

Maybe if you were at work when the auction was taking place, and used Proxi-Bid as your bidding agent???

I guess I'm missing something here...

What is the advantage of using Proxi-Bid???