Wednesday, May 23, 2007

Is there a fee to put an (antique) item in an auction? -

Hi! I have antique item worth a lot of money and I would like to put it in an auction. My question is, Is there a fee that I have to pay to even put my item in the auction?????

Not in a regular auction no ...but they usually charge 15% of the sale price as their commission.

It depends on what website you want to put it up for auction on. Ruby Lane Antiques does charge a fee and many other antique specialists also charge. EBAY is really a liquidation market place and you get less there and the fee is minimal. If EBAY charges a final sales fee I imagine the other charge at least a commission if not more.

It depends on what type of auction and what the estate auctions company charges. You should consult with a local company and ask them about more details. Most of them will do a free consultation and answer any of your questions. Good luck with your item!

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