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#1
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__________________
Leon Luckey |
#2
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I understand the AH has to get paid, I didn't say anything against that. I also said it needs to be factored in. Up until my comment though, people were only talking about the BP affecting them as a buyer. I was pointing out that as a seller you should factor in the BP more than as a buyer when dealing with an AH. The seller is the one getting less for their material. Whereas the buyer is paying the same amount and they don't care who is getting what percentage of that money.
__________________
https://www.flickr.com/photos/bn2cardz/albums |
#3
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Wait, I've never consigned to an AH before, but there are houses that also charge a consignor fee on top of a buyer fee? I thought the buyer fee was the takeaway for them?
So there are houses that charge the buyer for buying and the seller for selling? |
#4
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absolutely... AH take will generally be 15-25%. Sometimes it's all from the buyer, sometimes there's some from both the buyer and consignor.
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#5
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I knew about the buyer fee, but a selling fee on top of a buyer fee seems absurd. From a seller perspective the house is already taking their cut with the buyer's fee. Why would I be held to a fee for generating the house money?
I realize the house is making me money, but that is the trade off. You get yours, I get mine. Now you want yours and mine too? No way. |
#6
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#7
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I have cards up in two of the auctions this month. These are the first two cards I've ever consigned. In each case my cut will be 95% of hammer, and the BP is 20%. If we ignore shipping charges then, I'll be getting, for example, $950 out of $1200 paid by the buyer, which works out to just over 79%. So was that a good choice for me? Honestly I don't know yet, but it seemed likely enough that I was willing to take the chance. There was one auction house (not running an auction this month) that never returned my emails or calls, so they missed out on my business.
When I go the eBay route, once you factor in the Paypal cut I'm left with about 90% of the hammer price, (there's also the time and effort and expense of shipping, but that's the same whether I'm mailing to a buyer or an AH) so from one perspective I'm costing myself 11% of the total value of the cards, which seems like a bad idea, but I think there's a decent chance that the 15 minute rule could yield a significantly higher sale price for at least one of my cards than the usual eBay set-your-snipes-and-check-back-on-Sunday-night model would. I also saved on grading because one of my cards was raw (until a month ago) and got in as part of a bulk submission from the auction house. And then of course... Not having to deal with eBay: Priceless |
#8
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__________________
Leon Luckey |
#9
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Oh ok. I really could take your message either way.
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https://www.flickr.com/photos/bn2cardz/albums |
#10
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Man! I'm not as knowledgeable about the business side of bidding as I thought. You guys are seem prepared for everything!
What a headache! I'm glad I keep it simple. While I do admit to buying emotionally, I try to work within my budget. No headache, but a little less money.
__________________
. "A life is not important except in the impact it has on others lives" - Jackie Robinson “If you have a chance to make life better for others and fail to do so, you are wasting your time on this earth.”- Roberto Clemente |
#11
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I like the equation, James! Good to know I'm not the only math nerd on here. Unfortunately I'm also lazy. I won something from an AH last night where I had just done a quick approximation in my head, and was surprised/annoyed when the actual number was $15 more than my guess. Probably not annoyed enough to actually do the math next time though
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__________________
ThatT206Life.com |
#12
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Math was my best subject in school, so I know how to do the exact calculation. But, I am also a lazy butt, so I just do an approximation in my head. But, I tend to wonder if other bidders remember the BP when the bid price of a card that I am interested in significantly exceeds what I think makes sense!
Val |
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