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<p>[QUOTE="Ken Dorney, post: 2932151, member: 76086"]Part of the confusion with this thread I think perhaps might be due to an exposure only to Ebay and no other auction venue as ones first experience. I'll address a few points raised.</p><p><br /></p><p>Fees and commissions. Some think they are too high, some appropriate. But once upon a time the consignor bore the cost of the fees entirely. Some might think it unfair if a consignor only got $70 on the $100 hammer price. At some point in time those commissions began to be spread to the buyer. At the moment (for most auction houses) fees are split between the buyer and the seller. Seems a bit more equitable to me, and it encourages people to both buy and sell, not just do one or the other.</p><p><br /></p><p>As for a one-time signup between auction houses, well, as I mentioned Sixbid already does this, but not everyone is signed up there and the system is not perfect. There are many dealers and for various reasons many may not wish to be part of a 'consortium'. </p><p><br /></p><p>A standardized interface for customs is simply impossible. Its not just a matter of looking up a table of taxes on a website. There is always the human factor. As a dealer of 30 years I can tell you I have been taxed only randomly, sometimes accurately, sometimes incorrectly. Thats part of the human error factor. I once came back form Europe with about 1,000 coins, properly declared. I was stopped in customs as they though I might be carrying undeclared 'cash'. Took some time, but ultimately they let me pass with no taxes or fees.</p><p><br /></p><p>The better and more prestigious your collection (and more expensive), the less you pay as a seller. Not that the buyer pays more, but often a consignor sells without fees and sometimes will actually get a cut of the buyers fees as well.[/QUOTE]</p><p><br /></p>
[QUOTE="Ken Dorney, post: 2932151, member: 76086"]Part of the confusion with this thread I think perhaps might be due to an exposure only to Ebay and no other auction venue as ones first experience. I'll address a few points raised. Fees and commissions. Some think they are too high, some appropriate. But once upon a time the consignor bore the cost of the fees entirely. Some might think it unfair if a consignor only got $70 on the $100 hammer price. At some point in time those commissions began to be spread to the buyer. At the moment (for most auction houses) fees are split between the buyer and the seller. Seems a bit more equitable to me, and it encourages people to both buy and sell, not just do one or the other. As for a one-time signup between auction houses, well, as I mentioned Sixbid already does this, but not everyone is signed up there and the system is not perfect. There are many dealers and for various reasons many may not wish to be part of a 'consortium'. A standardized interface for customs is simply impossible. Its not just a matter of looking up a table of taxes on a website. There is always the human factor. As a dealer of 30 years I can tell you I have been taxed only randomly, sometimes accurately, sometimes incorrectly. Thats part of the human error factor. I once came back form Europe with about 1,000 coins, properly declared. I was stopped in customs as they though I might be carrying undeclared 'cash'. Took some time, but ultimately they let me pass with no taxes or fees. The better and more prestigious your collection (and more expensive), the less you pay as a seller. Not that the buyer pays more, but often a consignor sells without fees and sometimes will actually get a cut of the buyers fees as well.[/QUOTE]
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