Has anyone consigned with Mastro or Lelands?
BrianHarper
Posts: 62
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?
0
Comments
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
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.
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.
Are you making progress trying to recoup your money?
koby
You think I would be able to finance that through PayPal? lol
<< <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!
Glad to hear that guy is trying to make good on his debt.