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<p>[QUOTE="Mark Feld, post: 329954, member: 11467"]As I mentioned previously, the auction house has a 15% buyer's premium (as most major ones do these days), but it's 20% to go through Ebay. However, all you need to do is decide what what amount you are willing to bid for a coin and back out the buyer's premium.</p><p> </p><p>For example, let's say you're willing to pay up to $120 for a coin, but there is a 20% buyer's premium. Bid up to $100 hammer, instead of $120, so that after the 20% buyer's premium is added, you pay no more than your $120 maximum bid.</p><p> </p><p>When there is a 15% buyer's premium, figure out your maximum total bid and multiply it by .8696 to determine the amount to bid before the buyer's premium is added to the hammer price.</p><p> </p><p>When there is a 20% buyer's premium, multiply your maximum bid by .8334, instead.</p><p> </p><p>And if you don't mind being off by a few cents or dollars, it's OK to use .87 and .83 for 15% and 20% buyer's premiums, respectively. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie6" alt=":cool:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Mark Feld, post: 329954, member: 11467"]As I mentioned previously, the auction house has a 15% buyer's premium (as most major ones do these days), but it's 20% to go through Ebay. However, all you need to do is decide what what amount you are willing to bid for a coin and back out the buyer's premium. For example, let's say you're willing to pay up to $120 for a coin, but there is a 20% buyer's premium. Bid up to $100 hammer, instead of $120, so that after the 20% buyer's premium is added, you pay no more than your $120 maximum bid. When there is a 15% buyer's premium, figure out your maximum total bid and multiply it by .8696 to determine the amount to bid before the buyer's premium is added to the hammer price. When there is a 20% buyer's premium, multiply your maximum bid by .8334, instead. And if you don't mind being off by a few cents or dollars, it's OK to use .87 and .83 for 15% and 20% buyer's premiums, respectively. :cool:[/QUOTE]
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