1813 Dump

Without naming names I can assure you from first hand experience that a lot of Australian auction houses waive the sellers premium.

I know of a couple of people who have got discounted rates but in the vast majority of cases, no they don't. There's other fees that some Auction houses charge too, such as listing fees, catalogue fees, handling fees, etc etc. Auctions houses with very poor clearance rates usually load up on these other fees because they don't make much from the buyers premium (because they don't sell anything). Some of them squeeze as much blood from the stone as they think they can get.

There's a shop here in Adelaide that charges a 16.5% buyers premium for a mail auction of their own stock. They wont even take 3rd party lots for the auction! You can usually go back into the shop a month later and buy the same coins minus the bogus 16.5% charge that went unsold because they just put them back into retail stock.