I prefer a straight sale. I've yet to consign anything because I like to have control over the fees and the price I net. In the last year I made a number of four-figure buys from fellow net54 members and I think everybody went home happy. To me getting the item is the exciting part, not the bidding process. If I can come to an agreement with someone on a card I want, and only have to wait 4 days to get it, that beats an auction.
That said, auctions are great too. They can be fun, educational (seeing new issues you aren't familiar with), and exciting. Also, if a family collection surfaces, there's no way I'm getting any of those cards in a straight sale, so I'm glad that auction houses provide the service they do.
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