Consigning question

[mechanicalman]

I recently looked into consigning 3 cards worth a total of $10K to a particular AH. I was told that there was a 15% sellers fee on top of a 20% buyer's premium. In other words, a 35% margin for the AH.

Considering that this particular AH's catalogs look more like a grocery store circular, I did not see the justification in offering 35% of the selling price to this entity.

Still looking to consign. I wish there was a resource that outlined the different fees for each of the AHs.

[MikeGarcia]

Originally Posted by mechanicalman

I recently looked into consigning 3 cards worth a total of $10K to a particular AH. I was told that there was a 15% sellers fee on top of a 20% buyer's premium. In other words, a 35% margin for the AH.

Considering that this particular AH's catalogs look more like a grocery store circular, I did not see the justification in offering 35% of the selling price to this entity.

Still looking to consign. I wish there was a resource that outlined the different fees for each of the AHs.

..are you sure of the numbers you were quoted ? 35% is off the charts...

..

[irv]

Originally Posted by MikeGarcia

..are you sure of the numbers you were quoted ? 35% is off the charts...

..

That is nuts!

[mechanicalman]

Originally Posted by MikeGarcia

..are you sure of the numbers you were quoted ? 35% is off the charts...

..

I'm not a Mensa candidate, Mike, but I'm confident I understand what was told to me and the simple math involved. When I pushed back, I was told this is standard practice with most AH's. I'm not confident that's the case, however; hence my decision to look elsewhere.

[frankbmd]

Originally Posted by mechanicalman

...................

Considering that this particular AH's catalogs look more like a grocery store circular, ..............................

Gosh, being able to shop for vintage cards, cheap whiskey and bananas in one place would be very appealing to me.

[ValKehl]

Steve,
Gary said the key word - NEGOTIATE!! If you have a front-of-the-catalog item to consign, you shouldn't be paying a seller's commission, and you should be able to snag a nice slice of the BP.