Poor Consignment Experience

[scooter729]

Sorry to see this went down the way it did for you, Chris.

One thing I'm curious about - you said you would end up with a net of $295 from the auction. Since the final bid price (without premium) was $550, how do you get the $295 figure? That would mean their percentage of the final bid is nearly half. Or are you factoring in some other costs on your end? Just curious where the $295 came from.

Thanks....

[cjedmonton]

15% commission plus $172.50 in authentication fees.

A perfect time for me to step back from the hobby for now.

At least I found a home for the proceeds if they send a check against my wishes.

[Griffins]

you were charged a sellers fee AND had to pay the authentication fees?

[sb1]

I have been wondering about the net as well. There are a myriad of auction companies that would have charged you ZERO sellers fee and depending on the grading, which most get a discount on, might have passed on some of that savings to you as well.

[cjedmonton]

Gents, I am trying to recover from this experience as quickly as possible. Your revelation isn't helping matters!

Sigh...a day late and a dollar short, as the saying goes.

Evidently, I was charged a reduced rate for the JSA thumbs up. If I never see the names Hahn, Tannehill, Wiltse, Nehf, Ruether, et al... again, it'll be too soon.

[travrosty]

did you have a choice of having them authenticated or auctioning them off the way they were? did the auction house offer free authentication, if not why not? they were to benefit from the authentication too.

[cjedmonton]

Free authentication was not an option for my lot.

Listing them w/o TPA was also not an option.