MADAM – Like David Carter (ATG No 2345) I can remember the time when we auctioneers could make a living with only seller’s commission of 10%.
In those days, a chest of drawers sold regularly from between £400 and £500 and we earned £50. Today we sell for £100 to £150 and at 15% on either side, we earn £45.
Who’s better off now, I wonder – dealers or auctioneers?