Posted By:
Marc S.<<Peter
Sounds like the seller only "breaks even" if he uses the B/S/T as opposed to auction houses or ebay.
Is that where you're going with it?
>>
B/S/T only works when you know the "correct" value for a card, which often times no one does for something that is exceptionally rare (either by itself, or a condition rarity). Who would have been able to correctly price the Doolan Pirate Back last earlier this Spring, for example? Plus, direct sales by their very nature prevent the dick-swagging that you see at the major auctions. No one would have prices those cufflinks at Sotheby's at $60,000....but independent of the auction house's take on the commission, the consignor must have been ecstatic vis a vis the estimate/inherent value of those particular cufflinks.