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-   -   AH (PWCC) Reality Check Please (http://www.net54baseball.com/showthread.php?t=231093)

aljurgela 11-14-2016 08:51 AM

Me too
 
Quote:

Originally Posted by Leon (Post 1601566)
It might have brought lower prices but most people, myself included, still snipe. So when I see a card I really want I snipe it. Very rarely do I bid at the end anymore.

I typically snipe on anything of value. Al

jfkheat 11-14-2016 09:28 AM

Quote:

Originally Posted by clydepepper (Post 1602053)

Isn't the bottom line question for this thread-

Do you net more money consigning on EBAY at 10% or through AHs at 20%?


I cannot believe that ANY individual Auction House has as much market exposure as EBAY.

Am I wrong?



pe

Very few auction houses charge a 20% fee to the sellers. Quite a few don't charge a sellers fee except on low value cards. Depending on the value of the card, some will give the seller a small percent of the buyers fee. James

Exhibitman 11-14-2016 10:30 AM

Quote:

Originally Posted by nrm1977 (Post 1602055)
On a side note, I don't understand why someone would send items to a ebay "auction house". I truly never understood that. I can understand if you don't have the time to list, ship etc but, why on earth do people do this? It just doesn't register with me.


Nick

There are a lot of reasons. eBay's selling policies scare some sellers who have no desire to deal with the specter of charge-backs and returns. Too many horror stories.

Raymond asked: "Do you net more money consigning on EBAY at 10% or through AHs at 20%?"

That's a really interesting question. I've found it cuts both ways.

First of all, the 10% and the 20% are not really the correct figures. With the charges for paypal added in, the eBay figure for a non-store seller is approximately 13%. As for the AHs, the issue is the combined cost of commission and BP. Most AHs now have to give out zero commission deals to get consignments but they still rake the BP off the top at anywhere from 15% on up to 23%. I was recently quoted a 15% commission and a 23% BP by an AH, and the rep refused to negotiate. I took my consignment elsewhere. If you can get a consignment deal at 0 commission and the BP is reasonable, does it really make sense to bother with eBay sales to save a few percentage points? For me, most of the time it does not.

Second, the raw math doesn't tell the whole story. Some bidders do not like to scour eBay for deals. I know several wealthy collectors who simply will not use eBay. I also know a number of tech-unfriendly collectors who will not participate in e-commerce. I was speaking with one over the weekend who said he received a catalog from an AH and was now going to bid by phone. eBay will miss those people.

Third, for some esoteric items of memorabilia, a good AH is a better choice for selling. I consigned a rare but obscure item to an AH recently rather than sell it on eBay and I was very happy with the marketing and the sale price. The relatively long lead on the catalog before the closing date and the motivated buyer base helped. I don't think it would have done as well on eBay with a seven day sale and bottom feeders. I also sold a rare item on eBay that I think benefited from the reach of eBay. It just depends.

glchen 11-14-2016 11:20 AM

Quote:

Originally Posted by jfkheat (Post 1602106)
Very few auction houses charge a 20% fee to the sellers. Quite a few don't charge a sellers fee except on low value cards. Depending on the value of the card, some will give the seller a small percent of the buyers fee. James

James, but most auction houses charge around 20% BP, so the net to the consignor is 20% less than the realized price. Therefore in essence, the BP + seller's commission are the fees that the auction houses charge. On the flip side, PWCC charges 12% fee (this includes paypal) for graded cards that sell between $1-2K. (Their complete consignment rates are here: Link). Of course, lower consignment fees don't matter much if your consignments sell for 50% of VCP, which of course is the issue that Steve had, and if you believe that if you had gone to an AH, your items would have sold for a much higher price.

slidekellyslide 11-14-2016 12:51 PM

I accidentally listed items that ended on election night and totally forgot about them. They ended between 8 and 9 PM EST. I totally forgot about them as I was glued to the television all night...it wasn't until I was about to go to bed that I realized I had combined invoices I had to send. I was surprised that all of my items sold very well.

Only Scott mentioned it, but I too sure wouldn't be surprised that an honest (non shilling) consignor didn't do so well on baseball cards with PWCC.

Baseball Bob 11-14-2016 01:24 PM

Missed opportunity.....
 
Shucks! Why was'nt I online then? Could have grabbed some real bargains! Oh, yeah- I was using up my last box of kleenex crying about the election results!

No, seriously; that is a real bummer. PWCC cost you and themselves with that decision.


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