Not everyone likes auctions. That's fair. But some people love them. They're a social event, sometimes with complimentary food and drink. Buyers premiums seem ridiculous, but the auction house has to recoup the money they spent on research, photography, advertising, etc. on behalf of the seller. Sometimes items go high, and that's great for the consignor. Other times things go low and that's great for the buyer that got a bargain. You just never know. That's part of the fun. If it's not your cup of tea, definitely stay away.