Quote:
Originally Posted by sflayank
I'm flabbergasted that there are people on here who think 40% is reasonable
I dont care if there's 1000 items to be sold
In this market the auction house could easily auction it off in 3 auctions if necessary...no extra work
That excuse is total bs..THATS THEIR JOB...I know auction houses that would line up to take that consignment and give the consignor 100 %...not only that but if its an easy 100k
consignment AH would give consignor at least $30k
up front
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I just bought a graded card collection of 8 two row shoe boxes that fit in the back seat of my car on 1 side that had 1200 graded cards in it. Can you honestly envision two trucks full being a measly 1000 items. Likely tens of thousands of uncatalogued items.
So the auction house will give the consignor 100% of the hammer, part of the buyer premium, and a $30K advance when their final take would be less than $20K. What world are you living in?