Quote:
Originally Posted by hcv123
In fact there is a very real risk involved in selling cards with easily established market values. A recent case in point - I was communicating with a guy looking to sell a 1952 Topps PSA 3.5 Mantle. I offered to take it on private consignment, estimating a selling price of $110K and asking for a 7.5% commission upon the sale of the card. He explained he had that much into it, thought it was worth a lot more and touted what he believed was a certainty that he would at least recoup his investment going to a very well respected, well known auction house. The card happened to sell at auction for $87K less than 3 weeks after we spoke. He negotiated a piece of the BP back, but will still see less than $80K from the sale.
I have said it ad nauseum - An auction house is more times than not - NOT the best place to sell a card.
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Anyone else want to see this included as a testimonial for an auction house!!??
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Trying to wrap up my master mays set, with just a few left:
1968 American Oil left side
1971 Bazooka numbered complete panel
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