Quote:
Originally Posted by DezHood
This is a question I don’t know the answer to - If I have a card that sells for $500 in an eBay auction, I know I can get 88% by auctioning it off with a major eBay consigner. Are the Auction Houses competitive for cards in that price range? If my consignment sold for $500 with an AH, wouldn’t I only get a percentage of (500 minus the buyer’s premium)?
|
Correct me if wrong. But the consignor gets the final bid amount/hammer price
The buyer pays that plus the BP (buyer premium)
Scenario: If the buyer places a 500$ bid,and it hammers/ends at 500, then you get 500$
Now if the BV of it is 500$, then buyers would take the BP into consideration into their bids henceforth, their max would be near 420$ (BP would be 84$) and also consider the S/H plus taxes, which could make that even lower.