consignment fees

[LEHR]

FWIW,
I've consigned with six different AH's in the last 20 years. My consigned items have sold between $30 at the lowest and $12k at the highest, and I've never paid a consignment fee on anything.

*(edited to add)* After reading Bill Roberts post above I just want to add that my post was not a "chest puff", just reality. I'll also add that I've only been asked to pay a consignment fee once and when I said no I'll just consign somewhere else the AH's backed down and took the items at 0%. This was on a bunch of cheaper stuff that sold in 10-12 lots for around $2k total.

[parkplace33]

The more value your item (s) have, the the more you can negotiate.

You can get minus percentage as well, just have to have the right items.

[Exhibitman]

With a very expensive graded card, you should not accept less than 110% of the hammer price, and no costs of sale pass-throughs, either. Anything more, look for another AH.

[bobbyw8469]

Originally Posted by parkplace33

The more value your item (s) have, the the more you can negotiate.

You can get minus percentage as well, just have to have the right items.

That's is what I dealt with as I was looking for auction houses. Back then, Ebay was charging only 10%. They have now gone up to around 15%. Other auction houses I have encountered want to charge the seller 10%, and the buyer 20%. That is effectively 30% per item. I don't mind them making money, but MOST bidders factor in that 20% into their bid price. So you are already behind the 8 ball there. Then they want 10% from me on TOP of that!?!?!?! Looks like I will probably die with these cards.

[Andy Sandler]

In my auctions, I have never charged the consignor a fee on any item that sold for $500 or more. It is just good business. Being fair and open-minded works.
In my auctions I have had items sell for $270,000 and $5 and everything in between.
Sincerely, Andy Sandler
www.AllSportsAuctions.com
andy@allsportsauctions.com

[hcv123]

For vintage (1900-1980) cards with easily established market values (translation - most cards) I am a full time dealer and take on private consignments for select better cards. For higher value cards my rates are much better than auction houses:

$10K+ 7.5%
$1K-$10K 10%
less than $1K 20%

No possibility of "falling through the cracks" and I can usually move quality stuff pretty quickly (2-4 weeks). PM me for further explanation or exploration.

[Rhotchkiss]

Originally Posted by hcv123

For vintage (1900-1980) cards with easily established market values (translation - most cards) I am a full time dealer and take on private consignments for select better cards. For higher value cards my rates are much better than auction houses:

$10K+ 7.5%
$1K-$10K 10%
less than $1K 20%

No possibility of "falling through the cracks" and I can usually move quality stuff pretty quickly (2-4 weeks). PM me for further explanation or exploration.

I will stay out of this debate, but only join the thread to endorse Howard- I have never consigned anything to him (I don’t sell much), but I am someone to whom he has moved stuff quickly and at strong (but fair) prices.

[Peter_Spaeth]

Originally Posted by bobbyw8469

That's is what I dealt with as I was looking for auction houses. Back then, Ebay was charging only 10%. They have now gone up to around 15%. Other auction houses I have encountered want to charge the seller 10%, and the buyer 20%. That is effectively 30% per item. I don't mind them making money, but MOST bidders factor in that 20% into their bid price. So you are already behind the 8 ball there. Then they want 10% from me on TOP of that!?!?!?! Looks like I will probably die with these cards.

I would think that for most stuff, selling it yourself, or through a major ebay seller, would net you more than giving up 30 percent of the value to an auction house through seller fees and buyer's premium.

[sb1]

Too many 0% consigner fee AH's to mention. I have never charged one and am quite surprised to see the people paying 5-10%(or more) for items that end up buried in huge auctions and don't fare all that well.

I charge a 15% buyers premium which is about what it will cost you to sell on ebay AND you get to endure all of the work and pain in the ass buyers.

[Johnny630]

This is why I choose quality over quantity makes it much easier to sell. Doing it yourself it’s not that difficult.