Message:

<p>[QUOTE=&quot;gmarguli, post: 7871097, member: 246&quot;]Tell the truth, have you ever actually consigned to a major US auction house like Heritage or Stacks? <b><span style="color: #ff0000">I&#039;m guessing you&#039;ve never actually consigned.</span> </b></p><p><br /></p><p>You keep sticking to your argument that 100% hammer is not the norm. I gave 3 recent real world occurrences with $5K, ~$10K, and $100K+ consignments. Each of those was 100% or more of hammer <u>before negotiation</u>. In numerous years of consigning to US auction houses, 100%+ hammer has been the norm. I do not know a single dealer that has received less than 100% hammer. I&#039;ve seen advertisements where the auction houses say &quot;sell with 0% sellers fees&quot;. <b>Clearly you are wrong when you say that these terms are the exception and not the rule. <i>If you actually </i></b><i><b>dealt with the auction houses, you&#039;d know this is true.</b></i></p><p><br /></p><p>For the ~$10K example, I stated the rate <u>before</u> combining with others (105% hammer) and after combining with others (107% hammer). <b>Both rates are over 100% hammer, which you ignored. You just want to focus on the fact I mentioned I combine consignments to get a better rate. You ignore the fact that the uncombined rate was still &gt;100%, which is according to you not the norm.</b></p><p><br /></p><p>And if you think $5K, $10K, and $100K consignments are the world of the 1%ers, I&#039;ve got some bad news for you. I think $5K is the minimum consignment accepted at most firms and at some it is $10K. No major auction house is fighting over these tiny consignments. None of them are making special deals in order to bring in that massive $10K consignment. If they&#039;re offering more than 100% hammer on a $10K consignment, it&#039;s because it is the norm.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in