Stamp & Coin Mart - April 2016_

(Tina Sui) #1

144 APRIL 2016 Please mention Stamp & Coin Mart when replying to any advertisement


(^4) CHOOSE AUCTION SM
I’ve only met one collector yet that doesn’t object to ‘buyer ’s premiums’
Isn’t it strange that so many stamp auctions operate
in this way? I can’t think of many industries where you pay
up to 27%+/- more for the privilege of buying something –
that is unless you consider VAT, but that’s a
Government Tax...
Personally I can’t understand why things
have to be done this way... but fortunately
there’s a solution, there are still major
auctions successfully defying buyer’s
premiums, and naturally I would like
to introduce you to the largest of them



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S


ome say that Tony Blair only did one good thing, but I maintain he did at least one good other.
Now I’ve got nothing against the next man smoking a cigarette on his own, after all we are
fortunate to live in a democracy – but I can remember, as the sun was going down, quietly sitting
one evening in a country pub, eating my meal at a long table as there was no other available...
when, (you’ve guessed) two couples sat down opposite and alongside and without a word immediately
all four struck-up... whilst I was eating
Muttering dark thoughts under my breath - I have never
seen a smoker smoking and eating simultaneously, have you?
...so it didn’t seem reasonable for them to smoke whilst I was
finishing my meal. Besides which I had showered and dressed in
fresh clothes which now smelt like...
...but of course, that was the way things had always been
done in public houses and eating places since Sir Walter Raleigh
introduced us to Virginia Tobacco in 1578 – but just because
things had always been done that way in public hostelries for
400+ years didn’t mean that it was right. And it was under Tony

Blair that smokers were legally separated from non-smokers,
and when I first heard about it I expected an outcry... but there
wasn’t one really was there?
Likewise ‘buyer’s premiums’ at most stamp auctions have
been the norm for most of the past 50 years which doesn’t make
them right, and auctions seem to have operated successfully
without buyer’s premiums for the previous 300 years ...and so
long as you factor in paying up to 27%+/-more than the stamps
are sold for... then there’s an argument that they’ve cost you no
more... But in fifteen years since year 2000

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CHOOSE AUCTION SM.indd 4p144_scmapr2016.indd 144 2/26/2016 3:44:05 PM26/02/2016 16:38

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