I agree with above. Buyer's premimum goes to Auction house. Consigner pays an amt also for Auction house to present card for auction.
Leon(with B&L) would be able to add to this.
A strong auction house would do well. Example if they make 1 million in sales, they could be getting up to 150,000 to 200,000 from buyers premium and another 100 to 150,000 from consignment fees. Of course minus expenses for advertising, mailing, catalog production, etc.
Frank
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Be ethical at all times.
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