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#1
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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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#2
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I'm fairly new here but been around awhile. If you are going to be out of work then you should have more time to take care of the shipping and such. You will get more money selling them by them self and not in lots. Just think of it as a temp job until you get a new one. I hope things work out and you can keep working. And keep the cards!
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#3
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Another Option not really mentioned here is to have one of the ebayers that regularly sell vintage guys sell the collection for you over a period of time. Howie (BuyThatCard) is a Net54 member. He has a sterling reputation.
You would probably have success negotiating a fixed fee from these types of sellers as it gives them a lot of exposure and they are always looking for product. In addition, since they do this all the time, they have a regular following. This also gives you a chance on parceling your collection off at any time and at your own pace according to cash needs - or going an alternate route if you are not happy with the results. I have no association with Howard but he has a great reputation and might be the best avenue in terms of cost of selling versus your return. You can find his contact info easily as he is a regular Net54 member. Best of luck what ever you decide. Zach Wheat |
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#4
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Good luck and I hope things work out for you.
On selling your collection, I think your two best options are getting one of the smaller auction houses like B & L and Sterling to sell them individually for you, the only ones I would sell as a lot would be if you have a few beaters/auths. The second option would be to send them to one of the ebay consignors like Probstein123, Daves Vintage, etc and have them sell them the same way on ebay. Both options will help maximize proceeds and minimize the work you will need to do. |
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#5
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I will echo a previous post and put my vote for selling individually and that you do it yourself. As was mentioned earlier, IF things go south, you will have time to deal with the mechanics of selling. Second, you will also get good at the mechanics of selling so that will become much less of a hassle than the first time through. Use USPS online and save trips to the post office. Trust me, it's well worth it to avoid having to deal with the post office. Thirdly, it will allow you to stop the process when no longer necessary. Perhaps selling a few high dollar cards will ease the cash flow crunch with minimal effort and when you find yourself back on your feet again you will be able to quickly re-acquire the missing pieces you sold off to tide you over. Trust me, I'm at 499/520 and in my experience, finding a replacement Cobb card is MUCH easier than finding a replacement SL'er or tough common.
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#6
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Some of the most recent posts are right on. I would sell individually. I know it can be a hassle, but it will maximize your revenue. The one idea to sell in lots is to combine beaters or "A" graded cards. Usually people looking to put together a beater set quickly are most likely to buy in lots. Nicely graded cards or HOFers are more likely to be purchased individually.
I know that for me, if there is a single that I am really after, if I see it in a group lot, I will just pass by that listing. Good luck in whatever you decide! |
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#7
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Thanks for all the replies (and Pm's). Very good advice.
Ive got about a month before I know anything with work. I will see what happens then. Thanks again everyone! |
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