More recently, we again were asked about how seller commissions are calculated in relation to buyer’s premiums. Here’s that previous...

It’s well established that there are only two types of auctions: Any auction is either “with reserve” or “without reserve.” And the...

Our original story is here: Should auctioneers announce the buyer’s (or bidder’s) name? Nancy purchased a rare pair of Japanese Carl...

Ed conducts an “Every Friday” consignment auction in Carlin, Nevada. This particular Friday, he opens his auction with the first item up...

Typically someone will mention that, “My ringman had a bid,” or “My ringman was on,” in regard to where the bid was and who was in or...

We wrote about duties auctioneers owe their clients (sellers) in 2009. As we noted then, auctioneers are special agents for their...

I’m guessing that the word, “standard” is being used in this manner to mean usual, common, or customary. Yet, is the buyer’s premium any...

Since Christie’s and Sotheby’s introduced the buyer’s premium in 1975 in England, and soon after (1977) in the United States, the buyer’s...

Here’s a typical example of what we’re addressing here: Terrell’s Auction House has an auction coming up Monday night and has a 1955...

Saturday arrives, and Sarah goes out to her car in order to drive to her weekend destination. She pulls up to a parking place just...

One such instance was in 1983, when an auctioneer in Indiana opened the Sunday newspaper to see that he and another auctioneer in that...

So what is shill bidding? Let’s look first at the word, “shill.” Shill means basically to falsely advocate a position in attempts to...

He said, “There were people, including me, that said we would just go to some other auction where we didn’t have to bid against people...

Our answer to our attorney in this case was, essentially, “We can’t do that.” As we explore this issue here, you’ll see that we suggest...

In fact, it’s not more difficult to find ads that say, essentially, “come to our auction since we don’t charge a buyer’s premium” as it...