Selling collection..looking for dealer..

[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.

[btcarfagno]

Originally Posted by CurtisFlood

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

Friggin cornhuskers....



Tom C

[Rich Klein]

There are tons of good auction houses or dealers and you have to decide what is right for you

An auction house such as B&L which does not charge any juice to the seller would be a good way to base anything you want for the lot.

And I think the L part of that group may know something about Net 54

Rich

[slidekellyslide]

Originally Posted by btcarfagno

Friggin cornhuskers....



Tom C

Hey now!!