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Has anyone consigned with Mastro or Lelands?

If so, what do they charge to sell and what is the total turn around time from when the auction ends to the time you get the funds?

Comments

  • kobykoby Posts: 1,699 ✭✭
    Mastro

    15% consignment fees; 15% buyer fees
    Payment months after auction ends.

    Leland

    15% consignment fees; 17.5 % buyer fees
    Payment months after auciton ends.




    Ebay

    2.75% to 5.25% seller fees: 0% buyer fees
    Immediate payment


  • kobykoby Posts: 1,699 ✭✭
    I should add that if you want to consign something to Mastro for the December 9, 2004 auction, their consignment deadline is October 1, 2004.

    So if Mastro makes an exception for you, accepts your late consgnment for the upcoming auction, and you Fed Ex your sports memorabilia to Mastro on Monday, I would say the total turnaround time is approximately four to five months.


  • I posted this a few weeks ago... Mastro has my stuff now and is trying to piece it together for the bulk to go in the Dec auction, but sounds like some may be put off til March05. Still looking forward to seeing the outcome.
  • jrdolanjrdolan Posts: 2,549 ✭✭
    45 days after auction's end is what Mastro told me for the last one, and that pretty much held true. I had some unpleasantness with someone who consigned for me, but Mastro was not the problem. 45 days does seem like forever when you're anxiously waiting for your money.

    Mastro's standard seller fee is indeed 15% but you can try to negotiate that down. For an item or lot that will attract interest, even the average Joe may be able to knock that down to 10%. It can't hurt to try. For one-of-a-kind showcase items (like the famed Ruth bat now up) or large lots from longtime dealers who bring Mastro lots of business, I have heard they will drop the seller fee altogether and be happy with the buyer fee.
  • kobykoby Posts: 1,699 ✭✭
    JR,

    Are you making progress trying to recoup your money?

    koby
  • jrdolanjrdolan Posts: 2,549 ✭✭
    koby, I don't want to hijack this thread, but check out "Breaking up 1954 Red Heart set PSA 8" on the other board. That is part of the guy's effort to make good his debt -- he sent me those cards.
  • For one-of-a-kind showcase items (like the famed Ruth bat now up)

    You think I would be able to finance that through PayPal? lol
  • jrdolanjrdolan Posts: 2,549 ✭✭


    << <i>For one-of-a-kind showcase items (like the famed Ruth bat now up)
    You think I would be able to finance that through PayPal? lol >>


    Have you checked out PayPal's combined payments on that financing deal? You could end up paying 4X the item's sale price after the final payment!
  • yeah i have seen that but did you really expect anything else but a "deal" from paypal?
  • jayhawkejayhawke Posts: 1,306 ✭✭✭
    JR,

    Glad to hear that guy is trying to make good on his debt.
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