From: jaSPAMc@gbr.online.com
Haven't bid at a major auction then ... 15% -=seller's commission=- and
-=15%=- buyer's commission => 30%
Buyers know this so take into account when bidding on 'regular' items. The
extremely rare is a different story.
On Sun, 14 May 2006 21:33:48 +1000, "chabro" found
these unused words floating about:
>Check out the collection with local dealers or go to a stamp fair most
>dealers are happy to give you an evaluation at no cost.
>30% commission is rather rich, 17-25% is common.
>Local stamp clubs often have sales and charge around 10%.
>
>"Jim Jones" wrote in message
>news:126cbfgll861m1d@corp.supernews.com...
>> correo@ironcito.com wrote:
>>> Hello all!
>>>
>>> My late grandfather had a huge collection of stamps: Italy, Spain,
>>> Portugal, etc. near-complete collections, sent envelopes (which for
>>> some reason are expensive), special issues from Britain's royalty, and
>>> so on. A while ago he passed away. When he was alive, he told his wife
>>> that if anything were to happen to him, to contact some guy in order to
>>> sell the collection, and he left the guy's info.
>>> Now, the rest of us don't know much about stamp collecting, so we're
>>> left to trust this guy with what we believe is at least several tens of
>>> thousands of dollars. He has already said that he will take 30%
>>> commission on anything he sells, which we believe is outrageous.
>>> Is 30% standard fee for stamp brokers? Is it better to sell the
>>> collection as a whole? Country by country? Stamp by stamp? This guy
>>> wants to sell the most expensive stamps individually, and then the rest
>>> in bulk. Could anyone advice me on how to proceed on a situation like
>>> this?
>>> Thank you very much!
>>>
>>> Diego
>>>
>>
>> One thing you should be aware of, unless an item in the collection is very
>> rare, you should only expect a max of 25% of catalog value return on the
>> items.
>>
>> Jim
>
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