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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.

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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.  

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!

+1 Elizabeth Otto and Bobby at RR are great folks and make the process easy. I have sold through them.

+1

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?

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

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

Please note the major auction houses u tie ur stuff up for 6 months till u get paid or longer. This July I had stuff in 5 different auction houses over 300 lots.  I'm already doing stuff now and wont get paid till 2018

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