Expansion good for buyers not always for sellers
As a follow up to my last post I will add that it will be very hard for all the new entrants to succeed. It is a high fixed cost business if catalogs are printed. The costs of auctioning low priced cards are almost as high as high priced cards given a printed page costs the same. If New companies can convince buyers to use web catalogs exclusively then these smaller companies can survive. I would only consign my high value cards to the most established houses given I want maximum assurances on financial stability. I think the newer houses will have to show they can survive to attract a consistent consigner base.
|