First time consigning - question about process

[RedsFan1941]

Originally Posted by bobbyw8469

This is true....but please find out the commission rate....some are better than others, and that determines how much you will get..

I have a $3,000 item....do I really want to consign it to a house that is going to charge me 10% and the buyer 20%? They basically will get $900 for handling my item,....that is money I don't see.....you can shop around for the best rate.

i don't think the consignor's perceived value of his item should be the only deciding factor of if a consignment fee is fair.. if the item is a $3,000 graded card, then a 10 percent consignment fee seems excessive. if the consignment is a large group of ungraded cards or sets that take more time to photograph, write an auction description, then the AH likely deserves to be paid for that work. To just quote a number about value and state that a consigning charge isn't fair is irresponsible.

[Thromdog]

Originally Posted by RedsFan1941

if the consignment is a large group of ungraded cards or sets that take more time to photograph, write an auction description, then the AH likely deserves to be paid for that work.

I would agree with this.

What's interesting to me though, is taking a place like PWCC who charges more for a group lot vs a single graded card. If I were to consign 50 cards to them, they take less of a cut for them individually sold then if I were to sell them as a lot.

Seems like the lot would be easier to prepare/photograph/describe then 50 individual items.

Is this the norm for AH's?

[Leon]

I think there is some human mentality associated with taking a consignment. It's not always rose and lily gardens. Generally if a lot of work has to be done then more expense is incurred and thus higher fees. IF something is different than that, all the better for the consignor.

Originally Posted by Thromdog

I would agree with this.

What's interesting to me though, is taking a place like PWCC who charges more for a group lot vs a single graded card. If I were to consign 50 cards to them, they take less of a cut for them individually sold then if I were to sell them as a lot.

Seems like the lot would be easier to prepare/photograph/describe then 50 individual items.

Is this the norm for AH's?