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<p>[QUOTE="brg5658, post: 2821090, member: 29751"]You know as well as I do that this isn't about giving the photographers and IT folks raises. This is about making the fat cats at the top even richer than they already are. That's fine, they can do what they'd like to get even richer -- I will just buy fewer things from them and will consign my coins to a different venue.</p><p><br /></p><p>Because the BP is a fixed percentage of sale prices, and because the "big ticket" item coins have continued to go up in sale prices, they make more on those items while doing nothing more than they have in the past. Actually, they do less -- communications are largely electronic, not in print. This change in BP isn't coming along with them doing something <i>more</i> for the customers or consignors. It's more similar to a raise in taxes. I'm all for a higher BP if Heritage was doing something more for their customers. Quite contrary though, technology has made their jobs easier, yet over the past 10-15 years, they have continued to raise the "user tax" of their services. Sounds like the definition of <i>greed </i>to me, not savvy business.</p><p><br /></p><p><b>As an example: </b>it makes ZERO sense for an online only auction to incur a 20% BP (with no catalogs, and no live in person auction). I would be completely fine if they raised the BP to 20% for their "signature" auctions where a live auction takes place and catalogs were created (though I think having live auctions and paper catalogs is so 20 years ago). Then, at the same time why not lower the BP for online auctions only to 10%? </p><p><br /></p><p>This move hurts the smaller collectors when they want to disperse their collections (i.e., those not consigning 6+ figures of coins).</p><p><br /></p><p>But, you already knew that. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="brg5658, post: 2821090, member: 29751"]You know as well as I do that this isn't about giving the photographers and IT folks raises. This is about making the fat cats at the top even richer than they already are. That's fine, they can do what they'd like to get even richer -- I will just buy fewer things from them and will consign my coins to a different venue. Because the BP is a fixed percentage of sale prices, and because the "big ticket" item coins have continued to go up in sale prices, they make more on those items while doing nothing more than they have in the past. Actually, they do less -- communications are largely electronic, not in print. This change in BP isn't coming along with them doing something [I]more[/I] for the customers or consignors. It's more similar to a raise in taxes. I'm all for a higher BP if Heritage was doing something more for their customers. Quite contrary though, technology has made their jobs easier, yet over the past 10-15 years, they have continued to raise the "user tax" of their services. Sounds like the definition of [I]greed [/I]to me, not savvy business. [B]As an example: [/B]it makes ZERO sense for an online only auction to incur a 20% BP (with no catalogs, and no live in person auction). I would be completely fine if they raised the BP to 20% for their "signature" auctions where a live auction takes place and catalogs were created (though I think having live auctions and paper catalogs is so 20 years ago). Then, at the same time why not lower the BP for online auctions only to 10%? This move hurts the smaller collectors when they want to disperse their collections (i.e., those not consigning 6+ figures of coins). But, you already knew that. :rolleyes:[/QUOTE]
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