Sometimes Collectors Get a Raw Deal, don’t they ?
The problem with most stamp auctions is not what they sell, but how they sell it …
1. Imagine, you drive into a Petrol Station, with fuel at 150p per litre it is expensive, so you limit your fuel purchase by putting £50 worth fuel into your tank. Then you go in to pay, and the cashier asks you for £65 … how can that be ? Yes, £15 (30%) more. You are infuriated, £65 for £50 worth of fuel! No chance … you would rather empty your tank first, than pay such an iniquitous premium.
2. That’s the reason why in 2017 European Auction Selling Legislation introduced – required auctions that charge ‘buyer’s premiums’ to warn the buyer in advance. Of course, we are no longer in the EU, but that has not stopped Buyer’s Premiums and other charges lifting the hammer cost of your stamps, by as much as a further 30% above the ‘hammer’ price that the stamps were actually sold to you at.
3. You really don’t need to imagine – because this is still what happens in most stamp auctions. Further, there is no distinction between when you are buying stamps that are
actually owned by that auction, and when you are buying stamps that are being sold on behalf of a vendor. Is this fair ? 4. That is why Universal Philatelic Auctions (UPA) steadfastly refuses to charge any buyer’s premium or other charges, because at UPA collectors are treated like the Very Important Philatelists (VIPS) that they are. 5. If you feel the same as we do about extra levies upon our philatelic pastime, you may wish to learn a little more about UPA. Each quarter UPA offers a 20,000+/- lot auction catalogue with NO extra buyer’s premiums or hidden charges, lightweight auction lots delivered insured and loyalty post-free. Furthermore, ALL lots won are Guaranteed, which may account for why more than 2,000 different collectors from 54 different countries regularly bid in their auctions. 6. If you would like a complimentary catalogue of their next auction, plus your 1st £55 auction winnings free when you win £75+, please visit: upastampauctions.co.uk and ...