Wow . . . 25% from buyer and 16% from seller is shocking. Can there be any other market with this cost of intermediation? I suppose that producing these live auctions can be expensive.

I am confident that the DirectBid fees will be some fraction of this amount. I will not hazard a guess; perhaps we can invite Mr. Tearle for a return appearance, to address some questions.

Jeff

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: My concern is the fee structure that me be imposed by Antiquorum.
: Today, 25% buyers premium on their auctions, and I think that is a
: recent 5% increase.
: To sell, 16% plus photo fees.

: If they keep these, I will certainly be reluctant.
: Also, 45 days to get paid seems fairly long.