Is it normal for many Classic Auction prices to far exceed prices bid on EBAY, especially after you have to add the 19.5% buyers premium and Sales Taxes? I have not watched Classic for long and am mainly interested in the oddball premiums, many of which were in the category Simon Borque Collection e.g. Coke and Sprite bottle caps, Colgate Heads, Toronto Star and Weekend Magazine photos, Dads. Simon, and others, have had those items listed on EBAY before (SIMGIN) and they either went unsold or for considerably less.
Do many purchasers think they are getting something better than EBAY or this BST forum? What is the seller's consignment fees as I am seriously considering consigning a bunch of my stuff rather than my current EBAY store?
Thank you all very much for your help.
ps. I was outbid on all lots I wanted.
This message has been edited by blackbullsen on Jun 13, 2012 1:04 PM
I was outbid on alot of the lots I originally bid on and then the prices with the premium far exceeded what I was willing to pay. I ended up with the Trottier 76 OPC RC PSA 9 and the Esposito 65 Topps RC PSA 8. They were good value for what they ended up at and are cards that I have coveretd for awhile.
Most of the high end bidder don't have time to go on eBay for hours hopping to find a good item, so they keep their $ for the top auctions and don't mind to pay a little more. You also get better descriptions, better scans and can call anytime for questions.
With auctions you never know. Sometime you find great deals and sometime prices go crazy. It's a question of offer and demand.You also have to consider the commission when you sell or buy. And let's face it, eBay offers less and less of the great stuff.
Classic Auctions - Are the fees and practices fair?
November 9 2012, 12:14 PM
Finally got answers from Classic and I don't think I will consign - would like your opinions.
They determine the number of items in a lot and the minimum price (not negotiable), I get the bid price only less 20% commission - they get the commission plus the 19.5% Buyers premium, any lot selling for bid price less than $1000 they charge an additional $25 insertion fee. THEY GET 39.5% OF THE BID PRICE!!
Sounds risky and expensive to me with too many unknowns. I thought EBAY was gouging, but nothing like this and I have control of prices.