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Old 04-28-2014, 03:31 PM
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M's_Fan M's_Fan is offline
Gr.eg Per.ry
 
Join Date: Mar 2010
Posts: 361
Default Big Loser as Consignor

The values I received as a consignor for my items ranged from mediocre to awful.

I consigned a 1951 Bowman Red Menace complete set (Lot 1722) that I bought for $1300 in the 2010 REA auction, then spent about $300 in grading fees, only to see it go for $700, which means only $630 back to me after REA fees, so I lost almost $670 on this set.

I lost money on all of the other items I was consigning too, all purchased from past REA auctions, after accounting for the 10% consignment fees (a T205 Tris Speaker SGC 70, a 1954 Topps Ted Williams, a 1941 Goudy Sky Birds complete set).

Because my consignment auctions were going so poorly, I hardly bid on anything, as I was not feeling like I had any coin to spare.
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