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Old 02-10-2009, 07:02 PM
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Default Auction Houses-Going, Going..Gone?

Posted By: marshall barkman

To me it is pathetic that auction houses charge 20% to the buyer and then either 10 or 20% to the consignor. That means that the auction house makes 40% of what the item is worth. Reminds me a little of the mafia mindset. To grab a digital camera and write a description of a card to then post it online is not that difficult nor is it worth 20%. I recieved a phone call from a auction house dealing with antiques that will only charge 5% if i want to sell any art that i currently own, now that is more like it.

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