I believe iAuction on the Stack's site is the new incarnation of Teletrade. I keep poking around on it looking for something on my wantlist. The other day I found something BUT before I placed a bid I looked for the buyer's fee and S&H. I think I found S&H but couldn't find the buyer's fee anywhere. I need both so that I take them into account when I bid. I don't want to overpay Guess what? I couldn't find it anywhere. Is it 17.5% like Teletrade ended up using? And where is that spelled out?
• How much do you charge for shipping and handling? Within the United States: All orders are shipped via USPS. All orders will have the following postage, insurance and handling charges added to the purchase price: Invoice Amount Postage & Insurance Up to $200 $7.00* $201–$300 $9.00* $301–$1,000 $11.00* $1,001–$2,000 $13.00* $2,001–$3,000 $17.00* $3,001–$5,000 $18.00* $5,001–$10,000 $23.00* $10,001–$25,000 $27.00* $25,001–$50,000 $42.00* $50,001–$75,000 $55.00* $75,001–$100,000 $70.00* $100,001–$250,000 $100.00* $250,001–$500,000 $175.00* $500,001–$750,000 $250.00* $750,001 and up $400.00* *Plus the following handling charge per item: $0.50 per item International (including Canada and Mexico): All international orders are shipped via USPS Airmail. All orders will have the following postage, insurance and handling charges added to the purchase price: Invoice Amount Postage & Insurance Up to $500 $25.00* $501–$1,000 $35.00* $1,001–$3,000 $40.00* $3,001–$5,000 $50.00* $5,001–$7,000 $60.00* $7,001–$9,000 $70.00* $9,001–$11,000 $80.00* $11,001–$13,000 $90.00* $13,001–$15,000 $100.00* $15,001–$20,000 $125.00 $20,001–$25,000 $150.00* $25,001–$30,000 $175.00* $30,001–$35,000 $200.00* $35,001–$40,000 $225.00* $40,001–$45,000 $250.00* $45,001–$50,000 $275.00* $50,001–$75,000 $325.00* $75,001–$100,000 $400.00* $100,001–$250,000 $450.00* $250,001–$9,900,000,000 $500 *Plus the following handling charge per item: $0.50 per item
17.5% as bkozak33 mentions, you can see it listed here #5 in Terms & Conditions http://www.stacksbowers.com/TermsandConditions.aspx#27604-us-showcase--iauction-terms--conditions
Hey, 50c for handling?!? Send 'em to me, I'll handle 'em for 25c... Both hands for 35c. You would THINK a big company selling high-priced coins would conceal the ridiculous "handling" fee in the sales commission instead of insulting the intelligence of the clients.
Thanks for the answer and the reference. I think their business in iAuction will start slowly and go downhill from there. Those charges are way too heavy for lower end material. At the end I found Teletrade's opening bids were over catalog if you included all the extras.
You're welcome & I agree; I looked at a couple coins and once I added in all the '+' and figured in 13% (tax when it crosses the border into Canada) and the exchange rate on the dollar - I lost interest quickly!!