Auction Houses vs. Ebay

[egbeachley]

Originally Posted by jcmtiger

So Pwcc costs less than 4 %?

Joe

No, PWCC costs around 10% - 13% depending on sale amount, if a card is graded, etc.

The stated auction houses that generate the highest sale amounts (REA, Heritage, Goodwin, etc,) typically add 20% buyer's premium and 20% sellers premium which totals to about 35% or so (not 40% since seller premium is before buyer premium).

Yes, an auction house will lower or even drop the seller premium for truly outstanding items. But PWCC would be 8% for those high sale items.

[1952boyntoncollector]

Originally Posted by egbeachley

No, PWCC costs around 10% - 13% depending on sale amount, if a card is graded, etc.

The stated auction houses that generate the highest sale amounts (REA, Heritage, Goodwin, etc,) typically add 20% buyer's premium and 20% sellers premium which totals to about 35% or so (not 40% since seller premium is before buyer premium).

Yes, an auction house will lower or even drop the seller premium for truly outstanding items. But PWCC would be 8% for those high sale items.

seller premium pretty rare even for items for a few hundred bucks....its basically 20% versus 13% or so......

[bbcard1]

they're just different clubs in the golf bag. I think people TEND to bid more aggressively in an auction house situation for a mid to high end card. I think you get more eyes on an eBay auction, but not necessarily more sophisticated buyers. My experience is also that sometimes, I pick the wrong golf club.

[bn2cardz]

I don't buy off ebay outside of what is emailed in a saved search. It takes too much time to sift through all the junk that is mis-categorized. AH have things organized and you won't have to sit through reprints that advertise as originals.

So just because there are more users on Ebay doesn't mean there are more buyers.

[Exhibitman]

So true, Andy. Lots of lowball bottom feeding lookieloos on eBay. I know because I am one.

[jfkheat]

It would seem logical that buyers would bid more for items on Ebay simply because of the auction house buyers premium and possibly sales taxes. I would much rather pay $5000 on Ebay that pay $6000 plus taxes at an AH.
James

[x2drich2000]

Originally Posted by jfkheat

It would seem logical that buyers would bid more for items on Ebay simply because of the auction house buyers premium and possibly sales taxes. I would much rather pay $5000 on Ebay that pay $6000 plus taxes at an AH.
James

Why would you not factor in the buyers premium into your bidding? It makes no sense to me that if you were willing to pay $6000 through an auction house that you would not be willing to pay $6000 through Ebay for the same item. How that $6000 is broken up shouldn't matter, your overall cost is the same.

Regarding the sales tax, whether it is collected by the auction house or not, is totally dependent on whether they are required to collect it. While Ebay has more individual sellers who don't collect it, there are certainly sellers on ebay with legitimate businesses that do.

DJ