Goldin Increasing Buyer's Premium

[calvindog]

Originally Posted by Snowman

I'm with you there. I had a $25k card and a few $10k to $15k cards that I was going to send to Goldin, but they are going to PWCC and REA now. Goldin has become rapacious, and as consigners we simply have better options.

If a consignment company wants my business, they can have between 5% to 10% of the all-in price paid by the buyer for anything above $1k. If they want more than that, they're getting my middle finger instead because there are plenty of great options at those rates that will yield just as strong of hammer prices.

REA and PWCC give back 15% of the BP?

[Exhibitman]

Originally Posted by calvindog

REA and PWCC give back 15% of the BP?

Heh, I see what you did there...

[Snowman]

Originally Posted by calvindog

REA and PWCC give back 15% of the BP?

Not for inexpensive items obviously, but yes, they usually will give you somewhere between 110% to 115% of the hammer price for higher end cards in my experience, if that's what you're asking (which is technically different from getting back 15% of the 20% BP).

That said, in a perhaps welcomed twist of fate, someone from Goldin called me today, after reading the forums, and said they would be willing to match the 115% of hammer price for some of my nicer cards in an effort to earn my business. So their rate is definitely more negotiable than I had previously thought, and I can respect someone caring enough to reach out personally. I'm always more inclined to work with someone that wants to earn my business.

[Casey2296]

Originally Posted by Snowman

Not for inexpensive items obviously, but yes, they usually will give you somewhere between 110% to 115% of the hammer price for higher end cards in my experience, if that's what you're asking (which is technically different from getting back 15% of the 20% BP).

That said, in a perhaps welcomed twist of fate, someone from Goldin called me today, after reading the forums, and said they would be willing to match the 115% of hammer price for some of my nicer cards in an effort to earn my business. So their rate is definitely more negotiable than I had previously thought, and I can respect someone caring enough to reach out personally. I'm always more inclined to work with someone that wants to earn my business.

I'm more inclined to work with an AH that has earned respect over the long term with collectors in the pre-war hobby and it certainly is not Goldin or PWCC no matter how much step n' fetch it they do to "earn your business".
I've had AH's do me favors and I've done them favors, we both have to make money, that's a given, a good AH relationship goes way beyond that IMHO.

[Snowman]

Originally Posted by Casey2296

I've had AH's do me favors and I've done them favors, we both have to make money, that's a given, a good AH relationship goes way beyond that IMHO.

I got into a spat with Patrick Ryan over this topic a few months back. He argued that you need to do AHs favors from time to time by saying, "yes, sir!" when they call you and ask for certain items to be consigned in order to "maintain your good relationship with them". I laughed at him. Told him he was somebody's sucker. If your AH sales rep tells you that you owe him consignments in order to keep in his good graces, then you're talking with the wrong AH (or at least the wrong sales guy).