January 20, 2007 Winston-Salem Auction Results
Dave Ellis
site. Congrats to Brian Pipa for coming away with a couple of nice
games!
Not a huge auction this time. Prices were all over the
place...generally low to average for the vids, but crazy high on a few
of the pins (and not just the Medieval Madness and the Safe Cracker).
The real deals were the big sit down and environmental vids. Things
like a 60" environmental Confidential Mission going for under $500!
Crazy.
Anyway...enjoy.
-Dave Ellis
http://www.davesclassicarcade.com
Brian Pipa
and I will document the restoration process of the Centipede. The
Centipede I bought to restore and donate to the upcoming Red Cross
charity auction - I'll be sure and take pics of it when it is done and
sitting in the RC auction :)
I haven't even pulled them out of the minivan yet - got home last night
and felt like crap (sick). The two vids just *barely* fit in the
minivan. They are SOOOO snug in there. I'll take pics - kinda funny.
Hooked
Brian Pipa
> What was the add on % for the auction? 6.75% tax + What?
>
more if you use credit card.
Electro...@aol.com
+++++New horizontal 9-in-1 are $300 and Defender/Stargate combo are $250. Others too.
+++++950-in-1 hotizontal boards are $675 with power supply. I use one myself and LOVE it.
=====Ask about 9-in-1 MultiCade PCBs for cabs with stick no button (Ms Pac/Frogger, etc)
=====Ask about 9-in-1 Multicade PCBs for Galaxian/Galaga/Space Inv/Phoenix cabs
+++++Retrocade 30-in-1 Multi-Pac kits for Midway Pac Man and Ms Pac Man boards and same kit already attached to a new JAMMA PCB. Plays lots of new levels and twists.
Don Shoemaker
I haven't been to the auction in a couple of years, but they used to
allow you to not pay that part if you could show a business card or
similar item. Most of the time, the 3% fee is against the rules of the
credit card companies. Of course, I think buy backs are illegal too,
but they never enforce that either.
Brian Pipa
> Do they still allow those "in the business" to by-pass the buyer's fee?
> I haven't been to the auction in a couple of years, but they used to
> allow you to not pay that part if you could show a business card or
> similar item.
>
guy that said something about it. I think Chad from Lizard Lick can say
for sure - I think he said tha twas one of the reasons he started his
business - to save 10% at auctions :)
I wonder they need as proof - i have an arcade-related domain name - I
could print up some business cards :)
brian
http;//thebrokenjoystick.com
tri_4...@hotmail.com
with a printer can easily make one up :)
I think Chad told me he had to bring a resellers license or some such,
which also I think lets him not have to pay the sales tax. And did
they charge 7% sales tax, or 6.75% cause I thought the tax rate was
lowered at the start of the year.
And yes, they are not supposed to charge 3% more for Visa transactions.
If you look at Visa.com and read the "Rules for Visa merchants" on
page 9 it states they may not charge a surcharge for Visa transactions
but they may offer a discount for cash transactions only if its clearly
marked and the discount is from the standard price.
Not sure of MC, but I am pretty sure they have a similar rule.
kstillin
If they don't charge a commission on items sold to 'in-the-business'
dealers, and they also don't collect tax on those dealings, then
they're only making the $20 listing fee per item?
I don't think so.
When they start auctioning off the big money games on the back wall
for a couple thousand dollars, and the home arcade types and the
amateur hobbyists drop out, then they're only going to collect $20 for
it whether it's a buyback or it's sold to the other 'dealer'?
I don't think so.
oooohhh.. wait- I guess they collect 10% COMMISSION on everything
sold plus the $20 listing FEE. On top of that, they gouge a 10%
PREMIUM from everything bought by someone not 'in-the-business'.
Well that just sucks (for the non-in-the-business buyer). It's like
they're getting a bonus from the little guys. You pay 110% of the
selling price and the seller gets 90% of the selling price (and also
hit for $20).
mmmmm
It's OK getting screwed until you realize it....
Brian Pipa
> It's OK getting screwed until you realize it....
>
on you as a surprise. I factor the fees into my costs and I still think
it's worth it. Somebody show me another (semi) local place I can shop
for classic vids at those prices (even with buyer's fees).
I have stocked my arcade with many auction buys and don't feel screwed
one bit. To each his own I guess.
Chris Williams
I'm looking for a cab for my Shadows Over Mystara game.
--
Thanks,
Chris Williams
http://www.realitycheckgames.com
Reality Check Games -- 2100 Poinsett Hwy, Suite L -- Greenville SC -- 29609
Be sure to visit the forums for new releases, tournament schedules and more!
Don't forget Thursday Night Boardgame Nights! Bring your own or play ours!
Donnie Barnes
The only way you get screwed is if you don't factor that stuff into your bidding. As long as you *know*...
That said, I've never understood a buyers premium on home buyers. Doesn't make much business sense to me. *shrug* The complainers are the operators who want to buy "wholesale" at the auction. But it is an auction, nothing more. The only way to "fix" that is to exclude home buyers, which they obviously don't do. And on top of that, the only people "helped" by the buyers premium is the auction house itself.
I remember the day when home buyers didn't have to pay extra and there was no scrutiny. Anyone who showed up got the same treatment. Then the 'net caused a home buyer influx, operators complained, and now we have what we have now. It's not what I'd call a logical progression.
--Donnie