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#1
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The acceptance of the lot comes before the contract-- and I assume they want to examine it in person before acceptance. They'd be in trouble if they were having contracts for items that turned out to be fakes.
Most to all of the big auction houses are fully insured, so you shouldn't have to be worry about loss, theft or breakage. Last edited by drcy; 06-20-2017 at 03:34 PM. |
#2
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Quote:
I have a $3,000 item....do I really want to consign it to a house that is going to charge me 10% and the buyer 20%? They basically will get $900 for handling my item,....that is money I don't see.....you can shop around for the best rate. |
#3
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It's a 10% rate, which I can live with considering it's an item that should sell anywhere between $1,500 and $2,000. I have less than $200 into it.
Thanks guys! |
#4
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Including the buyer's premium?? Because you are paying that too ultimately.
__________________
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. Last edited by Peter_Spaeth; 06-20-2017 at 04:53 PM. |
#5
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There are major auction houses that will not charge you a seller's fee for auctioning a $1,500 - 2,000 item, assuming the AH will not have to do an unusual amount of work with it. I suggest you contact several, and don't hesitate to negotiate.
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Seeking very scarce/rare cards for my Sam Rice master collection, e.g., E210 York Caramel Type 2 (upgrade), 1931 W502, W504 (upgrade), W572 sepia, W573, W575-1 E. S. Rice version, 1922 Haffner's Bread, 1922 Keating Candy, 1922 Witmor Candy Type 2 (vertical back), 1926 Sports Co. of Am. with ad & blank backs. Also T216 Kotton "NGO" card of Hugh Jennings. Also 1917 Merchants Bakery & Weil Baking cards of WaJo. |
#6
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Agreed....shop around.
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#7
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Shop around, I have done items in that range several times and never paid a sellers premium, also my buyers premiums were in the 13-20% range.
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#8
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Thanks for the responses everyone. Ordinarily I think I'd definitely ask for a reduced fee or no fee, but with this particular sale I essentially have almost nothing into the item and I feel like it should sell for at least $1,500, so I am actually content with the fee this time around and to get my foot in the door. Appreciate all your insight.
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#9
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Quote:
Last edited by RedsFan1941; 06-20-2017 at 04:18 PM. |
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lots
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What's interesting to me though, is taking a place like PWCC who charges more for a group lot vs a single graded card. If I were to consign 50 cards to them, they take less of a cut for them individually sold then if I were to sell them as a lot. Seems like the lot would be easier to prepare/photograph/describe then 50 individual items. Is this the norm for AH's? |
#11
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I think there is some human mentality associated with taking a consignment. It's not always rose and lily gardens. Generally if a lot of work has to be done then more expense is incurred and thus higher fees. IF something is different than that, all the better for the consignor.
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Leon Luckey |
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