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consigning comics on Heritage

65 posts in this topic

People that say you must figure in the juice yeah right. But 20% tacked on to a high bid is a huge nut.

 

Your high bid is your high bid - doesn't matter a whit how your money is divided up if your bid wins.

 

Heritage has far and away the best scans in the business, which for me puts them above all other auction sites. Customer service has been great from my experience, and there's the chance to see auction items in person when a Signature Auction is nearby. They're a go-to site for me as a buyer. For selling, I think they do best with certain genres, but for others there may be better alternatives to consign to.

The OP is considering it from a sellers point, any positive feedback on that note?

 

I posted the opinion that Heritage gets top dollar for certain genres. For instance, no site gets better prices for ECs and for runs of unslabbed SA and BA, as far as I know. For GA and pre-code, others would need to weigh in.

 

 

Is top dollar really top dollar to the seller tho once Heritage takes their buyers fee cut?

 

It's already been mentioned that the buyer's premium+consignment fee is negotiable. Shall I mention it again?

 

If you wanna be a , sure. Go ahead. (thumbs u

 

Not everybody will be able to negotiate to get the buyers premium removed.

 

Why ask a question if you're going to respond to the posting of information by lobbing obscenity at the person answering?

 

It's clear from the volume of their weekly auctions and Signature Auctions that yield millions in sales that Heritage gets plenty of consignments. If you think everyone making those consignments is stupidly losing money by working with Heritage, then be prepared for other opinions.

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So, to run down (correct me if I'm wrong), the auction house fees are:

 

Clink: 10%

CConncect: 13% (10% plus 3% bp)

mcs: 13% (10% plus 3% bp)

ebay: 10%

heritage: 29.5% (10% plus 19.5% bp) :whatthe:

 

I realize you can negotiate a lower rate with Heritage, but would a regular Schmo like myself be able to do so? Even if Heritage gets a premium on certain books (and I haven't seen this to be the case personally), I would think it would likely get eaten by their chunk of the pie, plus interest.

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Is top dollar really top dollar to the seller tho once Heritage takes their buyers fee cut?

 

It's already been mentioned that the buyer's premium+consignment fee is negotiable. Shall I mention it again?

 

If you wanna be a , sure. Go ahead. (thumbs u

 

Not everybody will be able to negotiate to get the buyers premium removed.

 

Why ask a question if you're going to respond to the posting of information by lobbing obscenity at the person answering?

 

It's clear from the volume of their weekly auctions and Signature Auctions that yield millions in sales that Heritage gets plenty of consignments. If you think everyone making those consignments is stupidly losing money by working with Heritage, then be prepared for other opinions.

 

I ask a question, you respond with a snarky response, then you're surprised I did the same?

:screwy:

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I understand the sellers fee is 10 percent, and the buyers 19 percent, if that hasn't changed.

 

So, how do Silver Age comics do, generally? Comicconnect is the other option currently, and perhaps a more obvious choice, but it's next auction is many months away. Comiclink is not in play on this one. I haven't used Pedigree either, the other choice.

 

You may want to search their archives to see the prices they have received on your book.

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No, I also am a seller and buyer from Comiclink and have had no problems at all, I was just saying in this particular case it wasn't the best fit probably. The reason is simple, I bought it there. Nothing more to it.

 

Not sure why this would matter. People resell books on the sites they bought them from all the time.

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No, I also am a seller and buyer from Comiclink and have had no problems at all, I was just saying in this particular case it wasn't the best fit probably. The reason is simple, I bought it there. Nothing more to it.

 

Not sure why this would matter. People resell books on the sites they bought them from all the time.

 

On this, it just didn't make sense to attempt to sell it exactly the same way I just bought it. Why would I expect to do any better? But I could make it a bin on the site, though its not exactly known for that.

 

I mean, it's not a horrible decision either way, just not what I had in mind. But this is plan #2.

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I had bought many books over the years on Heritage on there Sunday Auctions. Now that they have turned it into a live auction format I don't have the time to waste on them, so I picked up some books this week in the C-Link auctions.

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This is one of the few sites I haven't consigned with.

 

It's seems a stretch that comic people would buy books here, since there is that huge buyers fee not at other sites.

 

Any quick observations here?

 

Thanks...

 

cannot believe this comes up every 3 months or so. if you can't factor the buyers premium into your bid, you deserve to overpay.

:applause:

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This is one of the few sites I haven't consigned with.

 

It's seems a stretch that comic people would buy books here, since there is that huge buyers fee not at other sites.

 

Any quick observations here?

 

Thanks...

 

cannot believe this comes up every 3 months or so. if you can't factor the buyers premium into your bid, you deserve to overpay.

:applause:

 

You are making my point, since i'm the seller. :) They will reduce their bids, which is the problem.

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you do get higher prices on heritage in my opinion but not enough to make up for the extra fees unless you are selling something really special.

My experience is that the prices I`ve gotten on Heritage have been so far superior to prices I`ve gotten on Comiclink that, even after factoring in Heritage`s fees, that it`s been a no-brainer to sell through Heritage unless you`re selling Marvels, in which case Comiclink does just as well or better than Heritage, particularly when factoring in fees.

 

As others have already mentioned, Heritage`s fees are negotiable. Plus, Heritage`s service during the whole consignment/onboarding process is absolutely top-notch.

 

I should also mention that Comiclink does itself and its consignors a huge disservice by blocking out entire blocks of overseas buyers.

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Also I think Heritage has a $5,000 dollar and up limit on books to be consigned. Under 5k in value they won't consign the item or items

Josh or Vinnie, is that you?

 

This statement is simply not true.

 

A simple review of sales in Heritage`s great archives, which neither Comiclink nor Comicconnect offer, will show that even their Signature Auctions have many books with valuations of less than $5K.

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you do get higher prices on heritage in my opinion but not enough to make up for the extra fees unless you are selling something really special.

My experience is that the prices I`ve gotten on Heritage have been so far superior to prices I`ve gotten on Comiclink that, even after factoring in Heritage`s fees, that it`s been a no-brainer to sell through Heritage unless you`re selling Marvels, in which case Comiclink does just as well or better than Heritage, particularly when factoring in fees.

 

As others have already mentioned, Heritage`s fees are negotiable. Plus, Heritage`s service during the whole consignment/onboarding process is absolutely top-notch.

 

I should also mention that Comiclink does itself and its consignors a huge disservice by blocking out entire blocks of overseas buyers.

 

I never thought about that. I've gotten some marvels for a steal on there. Others, like gold key, I've had to shell out well above GPA. On the other side, though, the gold key were limited census that only seem to appear on heritage. (shrug)

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I had bought many books over the years on Heritage on there Sunday Auctions. Now that they have turned it into a live auction format I don't have the time to waste on them, so I picked up some books this week in the C-Link auctions.

I don't understand. What's the disadvantage to having live auctions? C-Link auctions are live, are they not? What's the difference?

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So, to run down (correct me if I'm wrong), the auction house fees are:

 

Clink: 10%

CConncect: 13% (10% plus 3% bp)

mcs: 13% (10% plus 3% bp)

ebay: 10%

heritage: 29.5% (10% plus 19.5% bp) :whatthe:

 

I don't think all these figures are correct, you are adding the two parts wrong. Since I don't know for certain how Heritage works, I'll use the one I have experience with as an example, MCS.

 

MCS charges the seller a fee of 10% of the winning bid, and the buyer a fee of 3% of the winning bid. So, if the winning bid is $100, the seller receives $90, and the buyer pays $103. This means the seller receives (90/103)*100= 87.38% of the final price, or a total fee of 12.62%.

 

Assuming Heritage does the same, the seller receives $90 out of $119.50 that the buyer pays, or (90/119.5)*100= 75.3%, or a total fee of 24.7%.

 

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So, to run down (correct me if I'm wrong), the auction house fees are:

 

Clink: 10%

CConncect: 13% (10% plus 3% bp)

mcs: 13% (10% plus 3% bp)

ebay: 10%

heritage: 29.5% (10% plus 19.5% bp) :whatthe:

 

I realize you can negotiate a lower rate with Heritage, but would a regular Schmo like myself be able to do so? Even if Heritage gets a premium on certain books (and I haven't seen this to be the case personally), I would think it would likely get eaten by their chunk of the pie, plus interest.

 

 

Most of these have minumum fees, so if a book sells for $35, you'll pay $5 which is greater than 10%.

Also, MCS works on a sliding fee so that expensive books pay less then the 10% you mentioned. I think it goes to 8% around $5,000 and can go as low as 6%, if I recall.

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