NonSports Forum

Net54baseball.com
Welcome to Net54baseball.com. These forums are devoted to both Pre- and Post- war baseball cards and vintage memorabilia, as well as other sports. There is a separate section for Buying, Selling and Trading - the B/S/T area!! If you write anything concerning a person or company your full name needs to be in your post or obtainable from it. . Contact the moderator at leon@net54baseball.com should you have any questions or concerns. When you click on links to eBay on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network. Enjoy!
Net54baseball.com
Net54baseball.com
ebay GSB
T206s on eBay
Babe Ruth Cards on eBay
t206 Ty Cobb on eBay
Ty Cobb Cards on eBay
Lou Gehrig Cards on eBay
Baseball T201-T217 on eBay
Baseball E90-E107 on eBay
T205 Cards on eBay
Baseball Postcards on eBay
Goudey Cards on eBay
Baseball Memorabilia on eBay
Baseball Exhibit Cards on eBay
Baseball Strip Cards on eBay
Baseball Baking Cards on eBay
Sporting News Cards on eBay
Play Ball Cards on eBay
Joe DiMaggio Cards on eBay
Mickey Mantle Cards on eBay
Bowman 1951-1955 on eBay
Football Cards on eBay

Go Back   Net54baseball.com Forums > Net54baseball Main Forum - WWII & Older Baseball Cards > Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions

Reply
 
Thread Tools Display Modes
  #1  
Old 11-10-2016, 07:31 AM
Snapolit1's Avatar
Snapolit1 Snapolit1 is offline
Ste.ve Na.polit.ano
 
Join Date: Oct 2015
Posts: 5,761
Default Consigning question

I know this may be pretty basic info, so apologies in advance. If I consign a card to an AH, is the BP taken off the top when they calculate what my return is? If I consign a card that's a 100K sale, they collect 120 from buyer. If they are returning the sale to me minus 5%, am I receiving 95K or 114K? (Unfortunately numbers used for hypothetical purposes only.)
Reply With Quote
  #2  
Old 11-10-2016, 07:35 AM
jfkheat jfkheat is offline
James
James Kin.chen
 
Join Date: Apr 2012
Location: SC
Posts: 784
Default

How much you get is based on the final bid amount. Typically all of the buyer's premium goes to the auction house. On high dollar items, some auction houses will pay a small percent of the buyers' premium to the consignor.
James

Last edited by jfkheat; 11-10-2016 at 07:37 AM. Reason: Added info
Reply With Quote
  #3  
Old 11-10-2016, 07:47 AM
Snapolit1's Avatar
Snapolit1 Snapolit1 is offline
Ste.ve Na.polit.ano
 
Join Date: Oct 2015
Posts: 5,761
Default

Thanks James. So in the above example, I will "lose" 20,000 of the purchase price because in most cases that goes entirely in the pocket of the AH. I would have to believe that I couldn't sell the card left to my own devices (eBay, BST here) for over 95K to make the consigning worthwhile.

Last edited by Snapolit1; 11-10-2016 at 07:47 AM.
Reply With Quote
  #4  
Old 11-10-2016, 08:41 AM
Jobu's Avatar
Jobu Jobu is offline
Bry@n
member
 
Join Date: Jul 2014
Location: WI
Posts: 3,722
Default

Usually you get the full bid amount and the AH gets the full BP (seller's fees would add another wrinkle to this conversation). Your example is a bit confusing because you have a 20% BP but have the AH returning the sale to you minus 5%. What I think you mean is that the AH is offering to give you 5% of the BP (while they keep 15%).

So, if the AH has a 20% BP a $100k bid ends up $120k with the juice. You get $100k, the AH keeps $20k. If the item is worth enough, or you consign enough with the AH, you might be able to get a portion of the BP. Using the numbers above, if the AH agreed to give you 5% of the BP, then you get $105k and they keep $15k.

Last edited by Jobu; 11-10-2016 at 09:16 AM.
Reply With Quote
  #5  
Old 11-10-2016, 08:54 AM
pokerplyr80's Avatar
pokerplyr80 pokerplyr80 is offline
je.sse @rnot
Member
 
Join Date: Sep 2014
Location: California
Posts: 3,914
Default

Your example seems to indicate a 5% seller's premium, which means you would get 95k. I would not be very inclined to use an AH charging a seller's premium, and would expect a card with a value even in the 5 figure range to offer some percentage of the BP.
__________________
Successful transactions with peter spaeth, don's cards, vwtdi, wolf441, 111gecko, Clydewally, Jim, SPMIDD, MattyC, jmb, botn, E107collector, begsu1013, and a few others.
Reply With Quote
  #6  
Old 11-10-2016, 08:55 AM
Snapolit1's Avatar
Snapolit1 Snapolit1 is offline
Ste.ve Na.polit.ano
 
Join Date: Oct 2015
Posts: 5,761
Default

Thanks guys. Very helpful. Considering listing a card that would be solidly at the front of the catalog and don't feel like making any missteps.

Last edited by Snapolit1; 11-10-2016 at 08:56 AM.
Reply With Quote
  #7  
Old 11-10-2016, 08:59 AM
Leon's Avatar
Leon Leon is online now
Leon
peasant/forum owner
 
Join Date: Mar 2009
Location: near Dallas
Posts: 34,202
Default

Quote:
Originally Posted by Snapolit1 View Post
Thanks guys. Very helpful. Considering listing a card that would be solidly at the front of the catalog and don't feel like making any missteps.
If it is a big card ask one of our advertisers for 0% seller fee and 5% of the BP.....if the first one doesn't say yes then the second one will..... Any questions, PM me.....I hope all of our members will support companies that advertise with us....
__________________
Leon Luckey
Reply With Quote
  #8  
Old 11-10-2016, 09:00 AM
glchen's Avatar
glchen glchen is online now
_G@ґy*€hℯη_
Member
 
Join Date: Apr 2010
Posts: 2,913
Default

Some auction houses will give you back a certain % of the BP if your consignment is over a certain large amount and you consign early enough. One example is Greg Bussineau auctions. At one time, they would give you 5% of the BP back if your consignment netted over $50K. Other auction houses may do something similar but you would need to negotiate with them.
Reply With Quote
  #9  
Old 11-10-2016, 10:34 AM
jbsports33's Avatar
jbsports33 jbsports33 is offline
Jimmy
Member
 
Join Date: May 2009
Location: MA
Posts: 1,618
Default

If you have something over 1000.00, most of them offer 0% - really depends on the company you are talking with - some even want your items at 0% and value is no issue (Leon said stated the above as well)

good luck

Jimmy
__________________
“Devoted to Bringing Quality Vintage Sports Cards and Memorabilia to the Hobby”
https://www.ebay.com/str/jbsportsauctions

Last edited by jbsports33; 11-10-2016 at 10:34 AM.
Reply With Quote
  #10  
Old 11-10-2016, 03:10 PM
mechanicalman's Avatar
mechanicalman mechanicalman is offline
Sam Sw@rtz
Member
 
Join Date: Mar 2015
Posts: 1,134
Default

I recently looked into consigning 3 cards worth a total of $10K to a particular AH. I was told that there was a 15% sellers fee on top of a 20% buyer's premium. In other words, a 35% margin for the AH.

Considering that this particular AH's catalogs look more like a grocery store circular, I did not see the justification in offering 35% of the selling price to this entity.

Still looking to consign. I wish there was a resource that outlined the different fees for each of the AHs.
Reply With Quote
  #11  
Old 11-10-2016, 05:35 PM
MikeGarcia MikeGarcia is offline
Member
 
Join Date: May 2009
Posts: 1,789
Default What ?

Quote:
Originally Posted by mechanicalman View Post
I recently looked into consigning 3 cards worth a total of $10K to a particular AH. I was told that there was a 15% sellers fee on top of a 20% buyer's premium. In other words, a 35% margin for the AH.

Considering that this particular AH's catalogs look more like a grocery store circular, I did not see the justification in offering 35% of the selling price to this entity.

Still looking to consign. I wish there was a resource that outlined the different fees for each of the AHs.
..are you sure of the numbers you were quoted ? 35% is off the charts...

..
Reply With Quote
  #12  
Old 11-10-2016, 05:47 PM
irv's Avatar
irv irv is offline
D@le Irv*n
Member
 
Join Date: Jan 2016
Location: Ontario, Canada.
Posts: 6,662
Default

Quote:
Originally Posted by MikeGarcia View Post
..are you sure of the numbers you were quoted ? 35% is off the charts...

..
That is nuts!
Reply With Quote
  #13  
Old 11-10-2016, 06:31 PM
mechanicalman's Avatar
mechanicalman mechanicalman is offline
Sam Sw@rtz
Member
 
Join Date: Mar 2015
Posts: 1,134
Default

Quote:
Originally Posted by MikeGarcia View Post
..are you sure of the numbers you were quoted ? 35% is off the charts...

..
I'm not a Mensa candidate, Mike, but I'm confident I understand what was told to me and the simple math involved. When I pushed back, I was told this is standard practice with most AH's. I'm not confident that's the case, however; hence my decision to look elsewhere.

Last edited by mechanicalman; 11-10-2016 at 06:41 PM.
Reply With Quote
  #14  
Old 11-10-2016, 06:45 PM
frankbmd's Avatar
frankbmd frankbmd is offline
Fr@nk Burke++
Member
 
Join Date: Nov 2011
Location: Between the 1st tee and the 19th hole
Posts: 7,232
Default One stop shopping

Quote:
Originally Posted by mechanicalman View Post
...................

Considering that this particular AH's catalogs look more like a grocery store circular, ..............................
Gosh, being able to shop for vintage cards, cheap whiskey and bananas in one place would be very appealing to me.
__________________
FRANK:BUR:KETT - RAUCOUS SPORTS CARD FORUM MEMBER AND MONSTER NUMBER FATHER.

GOOD FOR THE HOBBY AND THE FORUM WITH A VAULT IN AN UNDISCLOSED LOCATION FILLED WITH NON-FUNGIBLES


274/1000 Monster Number


Nearly*1000* successful B/S/T transactions completed in 2012-24.
Over 680 sales with satisfied Board members served.
If you want fries with your order, just speak up.
Thank you all.



Now nearly PQ.

Last edited by frankbmd; 11-11-2016 at 08:39 AM.
Reply With Quote
  #15  
Old 11-12-2016, 12:38 PM
ValKehl's Avatar
ValKehl ValKehl is offline
Val Kehl
Member
 
Join Date: May 2009
Location: Manassas, VA (DC suburb)
Posts: 3,526
Default

Steve,
Gary said the key word - NEGOTIATE!! If you have a front-of-the-catalog item to consign, you shouldn't be paying a seller's commission, and you should be able to snag a nice slice of the BP.
Reply With Quote
Reply



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Help on consigning tcdyess Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions 1 03-04-2013 09:38 AM
A question about consigning to auction houses vintagehofrookies Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions 6 02-01-2012 10:08 AM
help with consigning sycks22 Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions 19 05-14-2011 02:27 PM
Thinking about consigning. Your experiences? packs Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions 29 06-02-2009 08:27 AM
Consigning items Archive Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions 7 12-06-2002 08:37 PM


All times are GMT -6. The time now is 09:06 AM.


ebay GSB