Quote:
Originally Posted by uyu906
Hi Guys and Gals,
I have never auctioned anything through an auctions house, but plan to do so soon. Would someone tell me everything that goes into an advance on an item you are auctioning through a major sports auction house? What percentage of their estimate will they give as an advance? For example, the auction house estimates an item will go for $20K, what would they advance? Are these advances treated as loans with interest? I literally know nothing about them, other than they exist?
Thanks for any help -
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Best way to do this is to contact the AH’s you are considering. Thanks
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 "Ty Cobb, Spikes Flying"
Collecting Detroit 19th Century N172, N173, N175.
N172 Detroit. Getzein, McGlone, Rooks, Wheelock, Gillligan, Kid Baldwin Error, Lady Baldwin, Conway, Deacon White
Positive transactions with Joe G, Jay Miller, CTANK80, BIGFISH, MGHPRO, k. DIXON, LEON, INSIDETHEWRAPPER, GOCUBSGO32, Steve Suckow, RAINIER2004, Ben Yourg, GNAZ01, yanksrnice09, cmiz5290, Kris Sweckard (Kris19),Angyal, Chuck Tapia,Belfast1933,bcbgcbrcb,fusorcruiser, tsp06, cobbcobb13
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