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Posted By: Jeff Lichtman

Griffin's point is well-taken: negotiate your consignment fee down to zero and you're still stuck with the fact that your final take will be lower due to buyers being scared off by a 20% fee. It's foolish in my eyes to raise it above any other auction house's fee because Mastro will stand out as the greediest - not that they aren't already with their fee simply to get their book. I have a card worth $20,000 that I'm about to send to one of the big houses and I can tell you that Mastro will not get a call.