Comiclink 4 4

[Dr. Balls]

On 3/7/2024 at 9:50 AM, tth2 said:

Almost no one who consigns on Heritage pays full boat.  At a minimum, you should be able to negotiate away the 10% seller fee.

The consignment director left that out of our discussions! I like HA even less now - you can have them to have fees removed as long as you give them a little consignment rub-n-tug? I'll pass.

HA does have the premium pieces - there's no doubting that. It just didn't work for me profit-wise. I was just a dude selling my collection, and it didn't pencil out for me. For other people in different buying circumstances, it's probably huge profits.

Edited March 7 by Dr. Balls

[KirbyCollector]

On 3/7/2024 at 11:53 AM, Dr. Balls said:

you can have them to have fees removed as long as you give them a little consignment rub-n-tug? I'll pass.

I don't understand what you are saying. All seller fees at every OA auction house are negotiable; the more you consign, the lower the fee.

[Dr. Balls]

On 3/7/2024 at 10:04 AM, KirbyCollector said:

I don't understand what you are saying. All seller fees at every OA auction house are negotiable; the more you consign, the lower the fee.

I'm not really saying anything of importance, aside from the fact that negotiating down from 10%-7.5% still makes Heritage hard to pencil out on profit in some circumstances. It's not about negotiating the fee, it's the fees themselves.

I consigned the same books at 4-5% and discounted typical BP from the list price and GPA data - and ended up at a profit, and it took 3 days to sell all but one book - I assume, because the markup on auction sites for BP is having an effect right now to collectors. I was able to get what I was asking - instead of risking them on auction where BP might randomly dissuade buyers. That was where my comfort level was, and it worked out.

Will IG sellers topple HA? Not in a million years - but it's a realistic alternative that gets things sold with a little less risk on profit. Or in the case of what we're talking about in this thread - CLink is also an acceptable alternative.

Edited March 7 by Dr. Balls

[AndyFish]

On 3/7/2024 at 11:48 AM, KirbyCollector said:

But that's just it -- NO collectible is that important. It's not family or work or food or fuel or shelter... it's disposable income you can spend in any number of directions. The easier a business makes it for me to spend that disposable income, the more likely I am to spend it with them.

Totally understand your point but you're also comparing apples to, well, a LOT of apples.  Heritage is a big company, CLINK is not.   I hate that they don't have the ability to WATCH an item-- I think that's outright silly, but it's worth it for me to shop with them anyway.

[Xatari]

It is a conscious choice on their part given the copious amount of feedback they have received around this.

[vodou]

On 3/7/2024 at 8:21 AM, MyNameIsLegion said:

analogous to the cheap collector that subsists on 2/99cents Jack-n-the-Box tacos, Captain Crunch, & Chef Boyardee Canned Ravioli, steals condiments from fast food chains, smokes cheap cigarettes, lives in their dead parents house, drives a 95 Chevy Cavalier, drinks PBR or the Beast, but has a complete run of DC Comics 1959-1982, most of the Charlton's and the single largest collection of Pogo, Snuffy Smith, and Gasoline Alley Strips and a massive VHS collection of porn.  

Dude. Never trusting you again with anything 😓

[MyNameIsLegion]

On 3/8/2024 at 5:03 AM, vodou said:

Dude. Never trusting you again with anything 😓

I was just Joshing around!  I have PBR in my fridge right now. 

[vodou]

On 3/8/2024 at 9:25 AM, MyNameIsLegion said:

I was just Joshing around!  I have PBR in my fridge right now. 

FYI the uptrade last year was into a 99 Celica #winning

[batman_fan]

I use to have a script I ran out of Excel that would scrap CLINKs auction site and pull the current bids on all the items I was interested in.  I ran it every day to track how the bids came in up until the auction ended.  Unfortunately the script had overhead and was brittle so any changes on CLINKs side could break the script.

[buttock]

On 3/8/2024 at 8:57 AM, batman_fan said:

I use to have a script I ran out of Excel that would scrap CLINKs auction site and pull the current bids on all the items I was interested in.  I ran it every day to track how the bids came in up until the auction ended.  Unfortunately the script had overhead and was brittle so any changes on CLINKs side could break the script.

Nerd

[batman_fan]

On 3/8/2024 at 11:45 AM, buttock said:

Nerd

Guilty as charged

[midwestfourcolors]

On 3/7/2024 at 10:50 AM, tth2 said:

Almost no one who consigns on Heritage pays full boat.  At a minimum, you should be able to negotiate away the 10% seller fee.

10% is already a discount. Last i checked it starts at 15%

[nerdcrawlerdotcom]

>Will IG sellers topple HA? Not in a million years - but it's a realistic alternative that gets things sold with a little less risk on profit. 

I feel compelled to say that this is why I started building Nerd Crawler in 2022. HA and ComicLink haven't had any major competition so nothing changes and consumer experiences are stuck in 2004. Every day, I'm shipping code to make a better auction platform and marketplace where sellers and artists can sell directly to collectors with significantly less seller processing fees (0%-4% on NC vs. 10-20% from Heritage and ComicLink), an escrow service to secure funds to protect buyers and sellers, and modern features like auction sniping protection, max bids, and more. 

In fact, literally yesterday, I shipped new code that should send auction watchers an alert 1 hour before the auction ends and 20 minutes before an auction ends based on someone's feedback.

I recognize that HA and ComicLink are massive and so shipping new code isn't as easy as me typing away, but at some point, they need to invest in infrastructure to make things better. And if they don't, hopefully I can move the industry forward just a little bit. 

Sorry for the rant! 

Edited March 9 by nerdcrawlerdotcom

[cstojano]

On 3/8/2024 at 3:06 PM, midwestfourcolors said:

10% is already a discount. Last i checked it starts at 15%

Thanks for this. I just signed my first consignor agreement at 15% and felt a bit like a fool. Its not great stuff I am sending but it totals to around 15-20k across lots.

[tth2]

On 3/9/2024 at 6:06 AM, midwestfourcolors said:

On 3/8/2024 at 12:50 AM, tth2 said:

Almost no one who consigns on Heritage pays full boat.  At a minimum, you should be able to negotiate away the 10% seller fee.

10% is already a discount. Last i checked it starts at 15%

The starting point for any negotiation should be 0% seller fee.  

[Silver Surfer]

On 3/6/2024 at 9:43 PM, tth2 said:

If only there was a way to enter a date and time in a calendar on one's computer or phone and have it send you a reminder on that date and time! 

I think there's a fortune to be made by anyone smart enough to create such an app! 

 

Or you (not you) are probably not looking at the auctions enough if you don't know when a piece is closing? 

[KirbyCollector]

On 3/10/2024 at 1:39 PM, Silver Surfer said:

Or you (not you) are probably not looking at the auctions enough if you don't know when a piece is closing? 

The purpose of an auction house is  to get bidders to put in their highest bid prior to the auction and/or actively remind bidders to participate in the live auction. I know many here think nothing of spending 4 hours on a Sunday watching live auction results, but not all of us have the time or inclination or feel like entering 15 auctions and their ending times into a calendar app. If you are a consignor, what's your take here? I don't want "lazy" bidders who need reminders? Or I want as much money as the auction house can get for me using modern tools? 

Edited March 10 by KirbyCollector

[Silver Surfer]

I want Heritage's platform for all auction houses but understand the costs associated with that kind of set up. You may not have 4 hours to spend on a Sunday to but most people bidding against you do so blaming C-Link seems a bit harsh. Overall they are great to deal with and have pretty good material. I do get multiple email reminders from them so it wouldn't take much to set a reminder for the auction end dates. 

[jick]

As a huge Neal Adams fan, I was quite surprised at the $15k result for the World's Finest #203 cover from 1971.  

I am also a huge Byrne fan, and also surprised that a 40-year old cover from 1984 which is peak Byrne - Thing #7, went for "only" $6.6k.

I'm not sure if it is the Comiclink platform, or if the comic art market has really declined that much.

[Xatari]

It is 100% the Comic Link Platform.