Fundamentally I do not have a problem with the buyers premium format as I can easily do the math in my head so I don't go over what I am willing to pay for an item.
What I do have a problem with when it comes to this format is there seems to be many out there that can't or don't do the math which often results in them bidding an item up higher than what is the going value for an item.
I once watched 2 guys bid up and buy a skid of automotive antifreeze, their final cost with the premium was about $2 more per jug than what the local stores were charging for the exact same stuff.
When your surrounded with stupid like that you wonder why you even wasted your time going to the sale in the first place.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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