View Single Post
  #1  
Old 10-20-2022, 05:47 AM
jh691626 jh691626 is offline
Jeff H
Member
 
Join Date: Jan 2021
Location: Massachusetts
Posts: 456
Default What to expect from AH consignments?

Hi all--

This has probably been covered ad nauseum, but as a newbie to all of this I had a couple of questions:

I am wanting to consign about 10-12 items (tickets, autos) to an AH. The value on most items is $100-200, a couple are ~$500. Small potatoes for a big auction house. It does seem to me that the biggest AHs do get the best prices, looking carefully at this kind of item and past sales, though it is of course very variable!

I went to two auction houses to ask about these. One was willing to take most of them, and wanted 7.5% on top of their 20% buyers premium. The other would take them, and wanted 10% on top of their 20%.

This seemed like a lot (30% total vig!). I realize these are puny items for them and maybe barely worth their time, so maybe this is just the reality and that is fine. But it seemed like more than I expected and more than I thought I'd seen in discussions around here. Is this normal?

Thank you and sorry if this has been discussed to death and I am just late to the game.

Jeff
Reply With Quote