I would say that more have a buyers premium now than don't. I don't know if it's 90%, but it's up there. One of the smaller local sales I go to doesn't. The big industrial outfits do. Ritchie Bros do on items under 2500 dollars. It doesn't seem to hurt their attendance or their selling prices either. BP's are something I find annoying, but at the end of the day I can still figure out what I'm paying when I'm bidding and bid accordingly. Mabey if more stoped and though about their bids they wouldn't bid so high... Again, fo me, it's just an annoyance. I'm still only going to pay what I'm going to pay, and that's it. What seems to work for RB's is this: They have no reserve. Everything is AS IS, WHERE IS. You inspect it before you bid. They don't allow buybacks. They WILL BAR YOU if they catch you buying it back or having a friend bid it back for you... and they'll bar the friend too. Then they call the law to get some charges going on you. They're very serious about the integrity of their sales.... perhaps why they're so busy and why they get such high prices.
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Today's Featured Article - Old Time Threshing - by Anthony West. A lovely harvest evening late September 1947, I was a school boy, like all school boys I loved harvest time. The golden corn ripens well and early, the stoking, stacking,.... the drawing in with the tractors and trailers and a few buck rakes thrown in, and possibly a heavy horse. It would be a great day for the collies and the terrier dogs, rats and mice would be at the bottom of the stacks so the dogs, would have a busy time hunting and killing, all the corn was gathered and ricked in what we c
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