| Auction Fees
Looking at fees charged by the various auction houses and would like to check to see if there are any hidden fees, etc. that should be considered using the various sellers (excluding postage, insurance, etc).
Here’s what I came up with:
EBay- Seller’s fee of about 5% of price, plus insertion fee of $.20 to $4.95 per lot
Heritage- Buyer’s fee of 15% of the hammer price, with a $9 minimum per lot
Teletrade- Buyer’s fee of 12% of the hammer price, with a $8 minimum per lot PLUS
a 8% Sellers fee (for up to $749 price), with a $5 minimum.
So- I calculate that to sell a $100 coin, my net from these outlets would be:
EBay – Buyer Pays $100 , I get (100-7.40) = $92.60
Heritage- Buyer Pays $100, I get (100-15) = $85
Teletrade- Buyer Pays $100, I get (100-12-8) = $80
Is this about what I could expect?
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"Those who can make you believe absurdities can make you commit atrocities" ... Voltaire
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