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<p>[QUOTE=&quot;Jeff Drum, post: 416191, member: 6444&quot;]I had no idea you were so screwed on price when consigning to a major auction house. So they receive 30% of the hammer price, plus another 23% &quot;buyers premium&quot;, or close to 50% of what the buyer pays for the item. AND they charge the seller a minimum fee of what, probably $100, on top of that? This puts them OVER 50% of what the item sells for on a less than $1000 item.</p><p><br /></p><p>Sample item that sells for $1000 to keep the math easy. Item sells for $1000. Skinner takes $300 of that, seller takes $700. Skinner takes $230 as &quot;buyer premium&quot;. Skinner takes $100 back from seller as fees.</p><p>Total paid by buyer: $1230.</p><p>Total to Skinner: $630.</p><p>Total to seller: $600.</p><p>Wow.[/QUOTE]</p><p><br /></p>

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