Consignment/Auction House Question

[anchorednw]

Originally Posted by Edwolf1963

Hey Brian, good question. I’m sure you’ll get a lot of feedback from members here, a few random thoughts from my end …

...Not sure if any of this is already known, redundant, etc .. but I hope it’s helpful. Again, I’m sure other members will be able to offer up some of their thoughts and other suggestions which may also splash more into the fold here.

Appreciate the feedback, insight and well thought response to questions asked. Thank you!

[rand1com]

Most of the major auction houses have a large following so picking one can be a challenge.

With a $50K value and not a large number of items making up the total, you can certainly negotiate on seller commission. Zero should be no problem. Most tend to shy away from taking away from their 20% or so on the buyer premium on a value of this size but you might find one if you shop around.

The biggest problem I see with the largest houses is that they always have a multitude of the same high profile cards which can hurt all of them.

If there are (5) 1952 Topps Mickey Mantles in grade 5, likely all will wind up in the same ballpark while if there is only (1) it might do better.

There are some very good smaller auction houses that also get a lot of bidders.

But it is hard to rule out Heritage, REA, Lelands, Hunt, Memory Lane, Mile High, and many others.

If you find one you trust and get acceptable seller terms, you will likely do well with any of them IMO.