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What a book (pt 3!)

29 posts in this topic

so the high bid was only $80,000 plus the 15% juice?

and the seller only saw about 70?

....on his 160K investment???

 

yikes.

 

With a big ticket book like this, it's unlikely Heritage charged the original seller the full seller's 15% commission. But yes, he still took a bath, and JP is guaranteed to make around a 10% or so return (assuming the current high bidder doesn't flake).

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