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<p>[QUOTE="Fugio1, post: 7315593, member: 89970"]I haven't sold many coins at auction for years, but about 10 years ago, I sold most of my collection of middle and high grade Roman Imperial coins thru CNG. At that time, there was a $50 minimum consignment fee per lot plus a percentage of the hammer price. This meant that anything valued under about $200 was significantly eaten up with the commission. Nevertheless, I knew as I do today that CNG would bring substantially higher hammer prices than all but a handful of other European and American auctioneers.</p><p><br /></p><p>This has influenced my buying patterns as well. Although consignment to auction is not the only way to sell coins, it can bring the highest return even with high consignment commissions, especially for high quality/rare items. For this reason, lately I tend to target coins with values > $500, knowing that they will ultimately be sought after for consignment by prospective auction houses, and my share (or my heirs share) of the hammer will be optimized.[/QUOTE]</p><p><br /></p>
[QUOTE="Fugio1, post: 7315593, member: 89970"]I haven't sold many coins at auction for years, but about 10 years ago, I sold most of my collection of middle and high grade Roman Imperial coins thru CNG. At that time, there was a $50 minimum consignment fee per lot plus a percentage of the hammer price. This meant that anything valued under about $200 was significantly eaten up with the commission. Nevertheless, I knew as I do today that CNG would bring substantially higher hammer prices than all but a handful of other European and American auctioneers. This has influenced my buying patterns as well. Although consignment to auction is not the only way to sell coins, it can bring the highest return even with high consignment commissions, especially for high quality/rare items. For this reason, lately I tend to target coins with values > $500, knowing that they will ultimately be sought after for consignment by prospective auction houses, and my share (or my heirs share) of the hammer will be optimized.[/QUOTE]
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