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<p>[QUOTE=&quot;Andrew McCabe, post: 7549548, member: 90666&quot;]No, more like 5% seller and 15% buyer once tax on buyer commission, and often reduced seller commission negotiated for large consignments. It can be less with stories about auctioneers accepting zero or even negative commissions on large consignments. Cash advances to sellers sometimes happen and perhaps larger buyers get special terms such as delayed payment terms..all of which need to be financed. So the gross margin before any actual expenses might be only effectively 15%, and that on coins the auctioneer might not much like and perhaps had to take as part of a consignment. </p><p><br /></p><p>No room for approval sales terms especially if a consignor was already given a cash advance or early payout and has zero interest in accepting his coin back.[/QUOTE]</p><p><br /></p>

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