Thread: Cash is King...
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Old 03-22-2009, 10:11 AM
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Default Cash is King...

Posted By: bruce Dorskind



Dear Tom

Whilst you raise a valid point, if you go to auction you lose 27.%

The 10% consignors fee that most firms charge and the 17,5% to 20% buyers fee

If the market value is $1000 and we pay you $1000

let's say in auction the same card goes for $1000 + the consignment fee
the you get to keep $900 but the seller has to pay $1175.00 and the auction house
grosses $275

We pay immediately - auction house on average you have to wait 90 days between
time you consign and time you get paid---prices are fallen and uncertain at best

choice, of course is yours

On another note, Mr. Sloate, we stand corrected- we made a rare error it should have
been Holland Creameries

Thanks

Bruce Dorskind
America's Toughest Want List

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