So long as he isn't taking too high a percentage I think it would be a good idea. Since his cut depends on the final sale price he will try to get the most he can for you.
hard to say if your coin is sells for $100, I see 20% as a fair cut much similar to total ebay fees. If it sells for $1000, I see 10% as fair
depends on a lot of things- How high he sells the coin (does he get what its really worth or just dump it to get the extra money for him/herself) and as said above, the amount sold, how fast he sells it, etc etc.
IMO: If a dealer sells your coins at a show there isn't as much work. I would think 10%, but a friend might only ask for 5%. If a dealer sells your coins online then there's a LOT more work and time required. In that case 20% would not be over the top.
Yes, this is true. It must be someone with a good reputation, so that you can be assured of the selling price. I have seen commissions for such sales in the range of 15-20% of selling price, and that seems fair.
I know the Pre Longbeach commission was 20% paid by the buyer, but they put a lot of work into the auction catalogs and advertising.
The numbers being tossed around are fair. My percentage depends on how much work I have to do to sell the coins.
Thanks for the advice, I am finding out you need a trustfull dealer. I just was dealing with someone who was a bit too pushy with me. Make a decision NOW. I said no thanks and goodbye.
That's true. I consign coins all the time. We don't work on percentage; I just name my price and that's what I get. Big auction houses get 6% from the seller, 15% from buyer.
Smart move... The hucksters don't want you to get a second opinion. They are afraid you'll find someone honest.
