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#6
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+1
I sent you a detailed response via PM, mainly because I have never consigned, so I didn't want to embarrass myself in public , but I guess I could stand the feedback on this idea:True that the auction houses will know how to break out the lots, but buyers are not looking to pay retail for huge lots from auction houses. So figure 90% if you are super-lucky, then remove 20% juice and the consignor fee, and you're only taking home 55-60%. If you sell them here, in very large lots, you can ask much more than that. Any mistakes you make in creating the lots would be offset by the additional amount that you could ask for the lots. You could start off with huge lots at closer to retail, then drop the price and/or split the lots down to smaller size, for the ones that don't sell quickly. You're looking at minimal packing and no extra fees.
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$co++ Forre$+ Last edited by Runscott; 11-20-2011 at 08:23 PM. |
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