Information on items placed on Consignment

What a person should know about the different methods in selling one item or a collection.

1. Sell the items yourself: If you are able to find the end buyer you may get the most funds for your collection. It is important that you do your research as to find the correct value [for dolls Jan Faulk Blue Book, etc.] and then the best place to advertise. Your cost may be limited only to the advertising fee.

2. Auction: It is the one method of disposing of a collection in a hurry. If you take cash up front you will most likely receive the least amount of funds. It can take up to a year or longer before they are put into an auction. The cost can be up to 25% plus cost to promote the auction. This will vary from auction to auction so one must have a clear understanding what the fee is if any. Also is the items insured while waiting for auction and who pay the insurance [most generally the seller]. Most generally you will receive what ever buyers are willing to pay that day. Some time you will be allowed to place a reserve on the items [from my experience it is recommended].

3. E-bay: Again you must have a good idea of value and be sure to place a reserve close to the market value or start your biding for what you are willing to take. Other words what ever someone is willing to pay at the moment, is what you will get. The fee will be determined by how you place your item on E-bay plus a fee when it sells. You will most likely need  to set up a PayPal account in order to collect your money [which also has a fee]. You can accept only checks or money orders.

4. Sell direct to a Dealer: A dealer will not pay retail. They also have the expenses of marketing such as trade shows, web site on the internet, and various other advertising expenses.

5. Place items on consignment: It is important that you have complete understanding with the dealer how/when you will be paid when the items sell. How long you are willing to place on consignment. Have a written list of what is on consignment and expected values. How much you will be charged for at the time it is sold. How is the item going to be protected when not in your possession [such as placed in a vault], how will it be insured against breakage and theft.

Yes, Hers & Mine Antiques, purchase one item or collection. We also take consignment on a percentage basis, [25% on items under $1,000.00 and 20% on items $1,000 and up].  We have a full size walk in safe that the dolls are kept in, and insured when they are displaced at a trade show.
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For more information E-mail  - Barbara@HersMine.com
913.888.5297