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Posted By: scgaynor

If you knew the overhead involved in running a catalog auction, you would understand the increase in buyers premiums. I have thought about doing a catalog auction several times, and each time I realize that it is just not worth it. There is alot of competition between the auction houses to get good consignments, so they cut the sellers premium low and have to make it up on the buyers end.

I am not saying that you have to like it, but if you want to keep getting high quality auction catalogs, and see high quality sports cards and memorabilia, you will have to get used to the high buyers premiums.

It is actually more expensive to do online auctions since you have to hire 2 or 3 full time IT guys to develop and maintain the website.

Scott