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<p>[QUOTE="GDJMSP, post: 155070, member: 112"]ProofRon - </p><p><br /></p><p>If I understand your question correctly you are asking what you could expect to receive as a seller - is this correct ?</p><p><br /></p><p>If so, the amount you receive as a seller is based on the final bid which does not include buyer's fees. So if the final bid is $100 - on Heritage you would receive $85 - $100 minus the 15% seller's fee. On Teletrade you would receive $92 - $100 minus the 8% seller's fee. In both cases the seller must also pay shipping and insurance costs as well. And on Teletrade, if your coin is not already slabbed then as the seller you also pay the grading fees.</p><p><br /></p><p>Auction houses almost always charge a seller's fee AND a buyer's fee. They get paid by both parties, not just one of them. And neither the buyer nor the seller receive any part of those fees.</p><p><br /></p><p>As a buyer from an auction house many people think they are paying "extra" for coins. This is simply not true - they pay the same amount as they would if they purchased the coin elsewhere. It is merely a matter of bidding the correct amount as explained by Roy. And yes that includes what a buyer would pay on eBay.</p><p><br /></p><p>As a seller at an auction house many people complain about the fees as well. But there is little reason to do so because they end up getting paid the same amount as they would if they sold the coin elsewhere.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 155070, member: 112"]ProofRon - If I understand your question correctly you are asking what you could expect to receive as a seller - is this correct ? If so, the amount you receive as a seller is based on the final bid which does not include buyer's fees. So if the final bid is $100 - on Heritage you would receive $85 - $100 minus the 15% seller's fee. On Teletrade you would receive $92 - $100 minus the 8% seller's fee. In both cases the seller must also pay shipping and insurance costs as well. And on Teletrade, if your coin is not already slabbed then as the seller you also pay the grading fees. Auction houses almost always charge a seller's fee AND a buyer's fee. They get paid by both parties, not just one of them. And neither the buyer nor the seller receive any part of those fees. As a buyer from an auction house many people think they are paying "extra" for coins. This is simply not true - they pay the same amount as they would if they purchased the coin elsewhere. It is merely a matter of bidding the correct amount as explained by Roy. And yes that includes what a buyer would pay on eBay. As a seller at an auction house many people complain about the fees as well. But there is little reason to do so because they end up getting paid the same amount as they would if they sold the coin elsewhere.[/QUOTE]
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