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Bird

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Posts posted by Bird

  1. On 4/18/2023 at 9:48 PM, Bird said:

    If anyone is interested in consigning slabs, if you have 10 or more I will do introductory 5% fee, you get 95% of hammer...I figure if anyone has boxes of slabs they may consign it is the folks here. Please PM if interested or for more details.

    it has been brought to my attention that 10 is a lot of slabs, and I agree. If anyone has 3 or more slabs they wish to consign, I'll do 5% fee and you get 95% of the hammer, june 23rd auction. I already have 22 slabs (I think with a few more coming I hope) in the auction, so hopefully some cgc collectors will find that enough to put in some bids.

  2. the auction after this one will be end of June and will feature statues, slabs, manga and of course comics. If anyone is interested in consigning slabs, if you have 10 or more I will do introductory 5% fee, you get 95% of hammer...I figure if anyone has boxes of slabs they may consign it is the folks here. Please PM if interested or for more details. I am up to 4 consignors for this next auction and am fine with 10 lots, you can test the waters if you'd like. <3

  3. Hey hey. I am doing my second Live Auctioneers comic auction. I learned a lot on the first one and as Ed Wood said...this one will be better! I eliminated the 3% payment processing fee, upped the overall BP from 18% to 20% and dropped handling fees for shipped items significantly - so even with the higher BP final totals will be decreased and everything will be more obvious for us all (I was surprised as well when looking at invoices.). I had 107 lots my first auction and was exhausted and lost at the end. I will be smoother, better prepared and starting earlier in the day so I can have more lots, around 150 this time. I am still finalizing things before going live in a 10 days or so.

    have a look if you'd like, I appreciate any feedback

    https://www.liveauctioneers.com/catalog/279333_fedres-comics-may-12-2023-comic-auction/

    I have a few consignors now as well, so more varied items continue to arrive. Easy peasy way to sell on the down low, consign now! 10% commission for art, keys, and slabs, more for lots and bulk comics.

    :-)

    Take care and be well.

     

    I am also looking at following this with an auction in June featuring slabs, manga, statues and some comic art. Still firming that one up, it will have comics as well. Always comics!!!

  4. I set up once at a NJ art con. I only sold 2 pages all day, both McFarlane Infinity Inc to Doug from Coimiclink. But the day was well spent sitting there, because I was across the aisle from Conrad. He unfortunately spent most of the show on the floor under the booth in pain, but looking at his display was time well spent. Even if I did only sell two pages, perhaps the only 2 pages I was offering that I should not have sold!!! So I didn't get to talk to him too much, only a bit, but the quality of his booth was stunning to me.

     

  5. okay, everything concluded! It went well but boy was it a learning experience. The next auction is 5/5/23 (or so) and I already have another consignor!!! I have 74 lots ready and am adding more from 2 different consignors still. Then I'll fill it out as needed. I am going for 150 lots this time, I will do 50 lots, take 5 minutes and do lots 51-100 and then another short break. It was quite tiring, but at least I should have a better rhythm. I have adjusted/simplified the handling fee to $3 a lot and eliminated/absorbed the 3% or so fee LiveA charges to take your payment so final prices should be much easier to know in advance. I also eliminated some jargon, especially the bit saying I can change fees/shipping if need be; I pack and price it well before invoicing so no need for that.

     

    This next auction will have tighter lots for the most part and smaller as well to better predict shipping. A bunch of modern lots too, Star Wars, Vader, Infinity Wars/Warps, Secret Wars - 2 huge lots, etc.

  6. On 3/11/2023 at 2:57 PM, mycomicshop said:

    We had a brief pause recently to open up some additional storage locations for slabs. We have over 50,000 consigned slabs right now, an all time high, so we needed to allocate more space for them. It wasn't that long ago we had fewer than 25,000 consignments total, slabs & raws combined.

    We're pretty close to rolling out a combination of new price management tools + new consignor policies that are going to create conditions where overpriced slabs can't sit around forever. There's a lot of unrealistically priced inventory that we're effectively just storing for consignors right now, some of it multiple years old. Although our current consignment terms allow for the possibility of charging consignors storage fees for unsold inventory that we've had a long time, we really don't want to use that if we can find alternatives. I'd rather create incentives/requirements that lead to eventual sell through than be charging consignors to store an unsold book.

     

    Outline of likely new policies:

    - Once we have finished recording your book and it's ready for sale, the consignor has to assign it a price or put it in auction within 14 days. If not, the item switches from consignor-managed to MCS-managed. There's a decent quantity of consigned material that's been submitted to us and then just sits there and is never given a price by the consignor. This will eliminate that.

    - For books 1980 and newer, the consignor has a 6 month runway (from the point of being ready for sale) where they can price however they want. After 6 months, the required options are: book switches to MCS-managed and begins receiving automatic 5% monthly price reductions; goes in auction; or returns to consignor.

    - For books older than 1980, same as above except it's a 12 month runway where the consignor has full freedom.

    There will be exceptions and special handling for books where a consignor has multiples in the same grade, and also exceptions for some especially high end material.

    My impression is that anybody that can't work within those constraints either has an unrealistic idea of what their book is worth, or isn't that serious about selling.

    These sound spot on!

    Unpriced material is insane!

    My returns (Thanks for the helpl) are in the unrealistically priced category. Not all are expensive either. But they don't make sense to sit at high prices for either of us, so I'll sit on some and use a few for other purposes as stated above. I will say that the subtle thing mcs does where they highlight and then change the color on the my consignment page as items age is brilliant, it really causes cognitive dissonance that begs to be resolved. It is very smart yet simple.

    .

  7. On 2/12/2023 at 9:22 AM, MR. Pontoon said:

    Can you explain again about all the costs involved for a buyer? The listings aren't very clear to me. For example, the MSH lot of 2 books states a flat shipping charge of $22 - which is very high for 2 raw books; a different lot of 4 books says "actual shipping cost is subject to change based on the final price and insurance value of your item.” What does that mean? If I bid on Heritage or Clink, I know exactly what my shipping and final costs will be. On top of that, there’s the “handling fee for each shipment ($7 for 1-3 lots and $16 for 4 or more lots).”

    I see some items I’m interested in but I won’t be bidding if I don’t know what the shipping will cost. If I’m paying $22 postage (or more) plus $7 handling *plus* an 18% BP for a $40 lot, I’m not even going to bother.

    Having invoiced this morning, the fees are significant! Ugh! No media mail through this, although parcel post is actually cheaper at some point I found this morning, so shipping is high. I am glad I kept it at 18% (i know, but many are higher) so that equals out some fees...sales tax...payment fee if not paying me directly...BP...handling fee (adjusted down for next auction to account for single lot winners). So yeah, lots of add on.

    The positive is that many many lots were under fmv, some quite so. Starting out on a new platform has its' bumps and bruises. $10 lots! I cringed as I hit the sold and next lot buttons, trust me. But maybe buyers come back (in May).