What's your worst auction consignment result?

The only time I ever consigned and probably the last was My SGC 7 T205 Johnson. After discussing why I should consign it to the "House of all Houses" I declined a $9800 offer on Ebay beleving that I was going to get more. It sold for $4800 less than what I was offered. So in a few months I am sure the card will surface again and it will sell for what it is supposed to. What a shame. Sellers Remorse. I should have never sold the thing.

[irishdenny]

Andrew,

"i feel your pain man!" Although i ook a little bit of a loss, its "ALL Good!!!" The experience and results override my pocket. Especially now that i know a board member won the Baseball side of my consignments.

i could of broke them uP and feel i would of easliy made some extra funds for other cards on my list, but it's on ta the next card manuver.

[calvindog]

Originally Posted by Pup6913

The only time I ever consigned and probably the last was My SGC 7 T205 Johnson. After discussing why I should consign it to the "House of all Houses" I declined a $9800 offer on Ebay beleving that I was going to get more. It sold for $4800 less than what I was offered. So in a few months I am sure the card will surface again and it will sell for what it is supposed to. What a shame. Sellers Remorse. I should have never sold the thing.

Unfortunately, pigs get slaughtered. You had a card which sold in PSA 7 for $9800 in 2005 and then sold in SGC 70 in 2008 for $2160. And you declined $9800 without a 20% fee? The difference in fees between REA and ebay alone would have made that $9800 ebay offer worth over 11K. I can't imagine having a bird in the hand like that and not taking it.

[oldjudge]

In many other areas of collectibles (coins, art) auction houses will guarantee a minimum realization on better pieces. It the piece doesn't sell for the minimum the house buys it. Perhaps, given the competition amongst many auction houses, it is time to seek similar guarantees in the sports collectible arena.

[E93]

Originally Posted by oldjudge

In many other areas of collectibles (coins, art) auction houses will guarantee a minimum realization on better pieces. It the piece doesn't sell for the minimum the house buys it. Perhaps, given the competition amongst many auction houses, it is time to seek similar guarantees in the sports collectible arena.

Isn't that shilling? WWJD? (What would JeffL do?).
JimB

[calvindog]

Shilling? You think that is shilling? You must be joking. Please tell me you're joking. Please.

[oldjudge]

Jim--House doesn't even have to bid. This amount can be the reserve on the lot and the auction opens at the reserve. If there are no bids the house has to buy it. If one person bids the house is off the hook.

[Peter_Spaeth]

Originally Posted by calvindog

Unfortunately, pigs get slaughtered. You had a card which sold in PSA 7 for $9800 in 2005 and then sold in SGC 70 in 2008 for $2160. And you declined $9800 without a 20% fee? The difference in fees between REA and ebay alone would have made that $9800 ebay offer worth over 11K. I can't imagine having a bird in the hand like that and not taking it.

A sadder but a wiser man he rose the morrow morn.