Quote:
Originally Posted by LEHR
I have never paid a sellers fee on a consignment to an auction house, even on lower dollar items. There is so much competition now I believe that's basically a thing of the past for most AH's, especially if you deal with one or two all the time.
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You may not "pay" anything
additional as a seller, but only receive 80% of what the auction house collects. I posit that the overwhelming majority of cases, a buyer is not paying 20% over "market". They back out the 20% buyers premium (and sometimes tax & shipping) to land at their final bid. Ultimately netting you in your "favored" status 80% of market value.