Authenticity is Everything
Consigning with an auction house
Can anyone tell me what a typical consignment costs? Is it worth it? Im sure the extra eyeballs help and Ive got a stubborn item or two Id like to move. Just never done the whole auction house thingy. Thanks in advance.
Replies to This Discussion
-
Permalink Reply by Bruce Juice on
-
They usually take between 10 and 25% of the final sale from the consignor and around 20-25% from the buyer. (Amount depends on the auction house and your relationship with them, how much they want the item, etc.) Too much in my opinion -- as I remember when they took around 25% total from buyer and seller back in the late 80's, early 90's. Contact a few of the auction houses and see who gives you the better deal. Let us know how it turns out.
-
Permalink Reply by just some dude on
-
Great info, thank you. I sent a prelim request to RR. Very curious as to how they will assign value to my item(s) and what will happen if I go through with it. I do realize their valuation may not be met by the bidding public, so if an item doesnt get alot of bids, 25% would be a big hit off of a low starting price.
-
-
RR shouldn't take more than 15% from you. Hopefully you don't need the money in a hurry as it takes 6 weeks after the auction ends to receive your money. If it's a higher ticket item and they really want it, offer to consign it with a reasonable reserve -- although the good stuff always seems to go pretty high at RR.
-
-
Great, thanks!
-
Permalink Reply by Eric Keith Longo on
-
+1 Elizabeth Otto and Bobby at RR are great folks and make the process easy. I have sold through them.
-
-
Cool beans, I appreciate the feedback. Is determining authenticity a part of their appraisal? In other words, will they say we dont think its real or is it more of a we’re not interested type of statement?
-
Permalink Reply by Thurston bell on
-
Rr-auctions are professional, they may not like stubborn items generally speaking they like the higher spectrum of memorabilia. Waiting 6 weeks for the payment is very annoying.
-
-
R and r is 20 percent plus a lot fee if I remember 10 to 15 per lot. And I think an insurance fee
-
Permalink Reply by sling on
-
here are some things to ask about: Consignor percentage; is there a photo fee; storage fee? Insurance fee; shipping fee if not sold; can you set a reserve price and if so what are the terms; what are minimum estimated sales price to get into auction; If I have like 30 items that are good for you, what discount do I get versus just selling a few items?
-
-
I've dealt with basicly every auction house. Unless u have a long time relationship and consignment all the time ur not getting any deal.most major auction house is at 20 percent. The only one that might be more is Julian's. Then u have a photo fee that bonhams Chrisies and Sotheby's charge .its 100 per photo per lot and usually 1 percent of minimum for in surance
As an eBay Partner Network Affiliate, we earn from qualifying purchases.
Get Our Newsletter
© 2026 Created by Steve Cyrkin, Admin.
Powered by
Badges | Report an Issue | Privacy Policy | Terms of Service
