If so, how do you structure them? Sliding scale based on value? Flat rate? What factors do you take into account when structuring them (volume, shipping/handling, taxes, margins, etc.)?
Thank you.
--Dan
If so, how do you structure them? Sliding scale based on value? Flat rate? What factors do you take into account when structuring them (volume, shipping/handling, taxes, margins, etc.)?
Thank you.
--Dan
I try to send cards to Greg Morris at least twice a year, based on the volume I do. The more I buy the more I could probably send.
I have a box of stuff that I just tuck stuff away in, and when it comes time to submit the consignment I go through my showcase cards and include anything that's just sat around longer. It helps keep money moving for stuff that sits around in boxes. I've found that they can handle consignments of 500 cards pretty well, and will send back more cards if the total amount of cards in the consignment exceeds that.
I prefer to buy outright, and to stay focused on cards that fit within my vintage brand. For vintage collections that excite me but exceed my purchasing power, I offer a flat 10% consignment rate.
Consignment operations are great for liquidity in the market, though at times can overpromise and underdeliver. They rely on processing a high volume of cards quickly, typically through auctions unlikely to achieve top dollar. I prefer to make fair cash offers and when needed to educate my buyers on the best ways to sell their cards (which varies depending on the year/set).
