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Old 04-19-2022, 02:22 PM
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jcmtiger jcmtiger is offline
Joe M.
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Join Date: Apr 2009
Posts: 2,308
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Quote:
Originally Posted by Hordfest View Post
Wait...so auction houses charge the sellers a 25% consignment fee AND buyers a 20% fee? And then possibly sales tax on top?!! What a freaking racket. These auction houses are just wringing collectors dry and getting rich in the process.

How do they stay in business?!
Consignors (sellers can negotiate the consignment fee, depending on what your consigning, sometimes zero or anything less than the 25%.
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