The DEMISE of the Auction Houses? - Net54baseball.com Forums

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#15

04-02-2011, 01:55 PM

Delray Vintage Delray Vintage is offline

Bob

Member

Join Date: Aug 2010

Posts: 157

Middle level success

Exhibitman makes a good point that some new houses will cater to the under $1000 card buyer and succeed. The issue though is making $150 on those cards in commission and paying the fixed costs. I see a number of those auctions bringing in under $100k in sales. Tough to make a profit on those.

I guess as long as each of those houses can convince a few collectors to consign some Hof t-206 or CJ or a Ruth or two they can make enough to survive.

Good luck to all of those start ups as competition keeps a fluid and more accurately priced market. It also keeps those buyer commissions in check which at 20% are getting ridiculous.

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