Skip to main content

Reply to "LCBO/Waddington's auction March 1-9"

I've thrown bids at half a dozen lots only to watch prices spiral into the stratosphere.

Think about this:  For a lot where the 'winning' bid is $100:

- buyer pays $100 + 20% Buyers fee + 13% HST = $135.60.

- seller receives $85 after paying 15% Seller's fee.   

So on a $100 lot, $50.60 are collected in fees and taxes. Which is insane.

I can't wait until Dougie locates his huevos, takes on the union and privatizes the retail side to create a free and fair resale market.

×
×
×
×