Selling collection..looking for dealer..

[Centauri]

I was told there would be no math...

[ksabet]

Not sure why anyone would want to bring the feeding frenzy on themselves. Why not use an auction house?

[Cozumeleno]

Originally Posted by ksabet

Not sure why anyone would want to bring the feeding frenzy on themselves. Why not use an auction house?

Can't speak for the seller, but my guess is that it's to get as many offers as possible. You can always go the auction house route afterwards if you can't get an offer to your liking.

[1952boyntoncollector]

Originally Posted by ksabet

Not sure why anyone would want to bring the feeding frenzy on themselves. Why not use an auction house?

15-20% auction house loss in fees is a lot... though sometimes people wont offer direct to the seller what they offer at an auction....both seller and buyer both lose when that happens if within that 20%...

[iowadoc77]

Call me ignorant, but I thought many of the auction houses give the hammer price to the seller and keep the juice for themselves. Am i correct in saying that? That way the seller gets the entire amount that the item "sells" for? If i am incorrect, someone please educate me

[btcarfagno]

Originally Posted by iowadoc77

Call me ignorant, but I thought many of the auction houses give the hammer price to the seller and keep the juice for themselves. Am i correct in saying that? That way the seller gets the entire amount that the item "sells" for? If i am incorrect, someone please educate me

Nope. Most of the auction houses (unless there is an agreement between auction house and consignor to the contrary) get a percentage of the sale price from both consignor and buyer. So an item that sells for $1000 means the buyer might be out $1200 and the consignor might receive $850. The house keeps $350.

Tom C

[ullmandds]

One can negotiate with AH's to wave the consigners fee and in some cases can even obtain part of the AH's fee if the items consigned are that good.

Personally I don't consign to an AH if they charge any consignment fees.

[CurtisFlood]

I'll pay 5% of low book. That is the Nebraska rule of thumb to assure I will make a profit.

[drcy]

Shop around. If you don't like the offers, consign it to an auction house. The sets you list should get good bidding at auction.

[hangman62]

Guys,
that's for suggestions and funny comments

Im posting pics shortly

Im not selling due to needing money or family issue

just thinking of future..before its on top of me

RalphG

[danmckee]

Considering an AH, the bidders have to factor in the 15% or 20% juice they are paying so even if the auction house gives you full hammer, you are still possibly losing money you could get from a private sale.

Dan

[hangman62]

Here are pics.. definitely " collector " grade !

[hangman62]

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[Theo_450]

Shop auction houses. Take your time, there will be offers. Some better than others. Make phone calls and find someone you feel you can trust, that offers reasonable fees (juice), and will get your items the most/best exposure. When I liquidated I had about 10 auction houses that I quickly narrowed to five. Had long phone conversations with three, and very longtime conversations with two before I decided.

[Theo_450]

Originally Posted by hangman62

Guys,
that's for suggestions and funny comments

Im posting pics shortly

Im not selling due to needing money or family issue

just thinking of future..before its on top of me

RalphG

Yes! We need pics! Thank you!

[mattsey9]

As a fellow low-grade collector, I loved seeing the photos of your cards. I particularly look forward to the 34 Goudeys hitting the market. Good luck with your sale.

Mike

[JasonD08]

Ralph

I completely agree with Sean here. If he is indeed offering you $24K for this collection take it. My guess is he will act sincere and then disappear like he usually does because he is busy. If he can pay the $24K I would take it. As far as AH route I would agree with exploring that avenue IF the collection was mid grade or better. Low grade sets and collections do not fair well in AH settings. You would get roasted and a buyer will always consider the 20% commission in his/her bid. Sean…..what no midgets in chi-town? I had a couple of dealer friends who were sad you didn't show, but I know you are busy. Sold the autos, but kept about 6 boxes of the premium stuff. When you are serious enough to answer emails after I spent a day and a half getting you your detailed list, let me know and maybe I can get you a deal done. Ralph, good luck on the sale and if I were you I would take Sean up.

Jason

[Jewish-collector]

Why not set up a table & sell it all at the Atlantic City National in 2016 if you can wait that long ?