Consignment Checks - REA Goldin Lelands (SCP Auctions added 12/7)

[khkco4bls]

Is that right you could have agreed with them to get part of the buyer's premium. I've never heard of that

[Billyscards]

Alright - I've never consigned before... can anyone help with a snapshot of what you get based on the sale for Goldin, Heritage, REA etc? Do they take a percentage of the sale? First timer over here that is wondering what options look like beyond ebay and the 10% fee. Thanks!

[Shoeless Moe]

This is not in stone but a general guideline from my experience with Auction Houses.

If you items will go in the 100's, you will give them 15-20% of the final bid (whatever their consignment fee states), plus they get the entire buyers premium.

If your items are in the low 1000's, you can negotiate a 5%-10% consignment fee, again they get the entire BP too.

If your item goes in the 5K-50K range you definitely can get a 0% consignment fee and they make their dough off the BP.

If you have 100K and up, it's a 0% consignment fee and you can even get a piece of the BP at that point, not sure if 1, 2, or 3% - bring your Scott Boras skills to the table.

If you can't get what you want you try the next auction house and then the next. There are at least 10 good ones out there if not more. Just like playing GM in baseball, eventually you will find a team that will make the trade you want.

[khkco4bls]

Mine was 0,5 10 and 15%. 15 being anything under 500

[Shoeless Moe]

Kevin, that's really good (and good info), did you have just a couple items or several?

[sb1]

Many, many of the smaller AH's charge 0% on nearly everything.

Also you can get paid as quick or quicker. I paid everyone on or before the 2nd Monday after the auction(2 weeks).

Scott

[khkco4bls]

Originally Posted by Shoeless Moe

Kevin, that's really good (and good info), did you have just a couple items or several?

I had 59 lots total.

[ruth-gehrig]

I just discovered which auction house pays out consigners 35 days post auction

[1952boyntoncollector]

Originally Posted by khkco4bls

Is that right you could have agreed with them to get part of the buyer's premium. I've never heard of that

yes like greg bussineu gives you 5% back of the buyer premium if you consign early enough.

And yes, i dont blame any particular AH for not giving back any buyers premium, a deal is a deal. All i was saying was the prices realized were regrettable and resulted in my net losses being mostly from the BP. If could go back in time after knowing the results, i would of resorted to private deals for the particular cards at issue. Again, not saying the BP was unfair in any way....thanks

[1880nonsports]

Mr. Tom

[Shoeless Moe]

received my Goldin consignment check today, so just under 3 weeks for them.....like it!!!!


Anyone consign to Lelands, just curious if they are under a month too.

[khkco4bls]

Mine is coming this week REA, 3 WEEKS, 59 LOTS.I asked for them to wait a week though.

[perezfan]

I'm still waiting for REA, but have no doubt it will arrive soon

[cubsguy1969]

yes, I consigned to Leland's. Still waiting.