The first three months have ended, and I have the stats for our auctions over those three months (these do NOT include our auctions that closed April 1st or 3rd):
We had $743,588 in sales. We did not have a mini-major auction during those months, so we are right on schedule to break last year's sales record (but only if we can keep up our current sizzling pace).
We sold 29,699 items. If we kept up that rate, we would auction just under 120,000 items in 2012!
Of those 29,699 items, 17,217 went under $15. In the past, almost exactly 50% of our sales were for under $15, so have been having even more great buys than ever! Of course, that "other" auction house has never auctioned even one item for under $15 ever, thanks to their $14 minimum buyers premiums.
Here is the statistic I am most proud of! Of the $743,588 in sales, $742,399.95 of those were paid for, which means we only had $1,188.05 in canceled sales, a tiny fraction of our total sales for that period. We collected on 99.85% of the items! This is thanks to our accurate and honest descriptions, and our relentless pursuit of bidders who don't pay, and our permanently banning the PEOPLE who never pay (not just their ID, as eBay and many other auctioneers do, which lets them return over and over). This policy saves all our honest bidders LOTS of money, because they are only bidding against other real bidders who will honor their bids (or be banned for life).
Of course I need to thank our 935 great consignors for providing the above material that yielded so many sales, our 34,000+ bidders who bought so many items, and our 24 great employees who make eMoviePoster.com the best auction house there is!
