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<p>[QUOTE=&quot;mark_h, post: 788373, member: 3726&quot;]It means that the coin is $1 and the minimum buyers premium(bp) is $14 for a total of $16. So anything less than a hundred include $14 to calculate the total.&nbsp; So if you figure a coin is worth $74 - then you bid $60 and with the $14 bp your total will be $75 plus shipping and handling.&nbsp; Then if you think a coin is worth $230 you would bid $200 + plus the 15% bp($30) to get the total of $230 plus shipping and handling.&nbsp; So when looking at past auctions you see a total of $115 for a coin - that was a $100 bid + 15% bp($15).</p><p><br /></p><p>So when on Heritage or teletrade always understand the buyers premium and bid accordingly.[/QUOTE]</p><p><br /></p>

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