ok. so the point of this thread was to look at it from seller pov. if you are looking at final hammer with juice etc.. as fmv - that puts even more pressure on the seller.
give you an example. i just won a piece at HA. now as it happens to be a modern piece of art - I know what the artist was selling it for. lets call it 100%. I paid 90% of this price at auction, but the seller who consigned it to auction got 75% (assuming they didnt pay seller fees -only buyers premium). In this instance, the consignor lost 25%,but I only saved 10%. this disparity is why its important to look at the amount the seller gets.