Our Rates
We have carefully figured out how much time and effort goes into selling an item online, from start to finish. It takes the exact same amount of work to sell a $10 one-sheet as a $1000 one-sheet. The cost to us of the labor and overhead required to sell each item is an absolute minimum of $9 each. The vast majority of buyers pay with credit cards or PayPal, which costs us roughly three percent of the total. Taking everything into consideration, we have arrived at the below commission rates (note that the rate is very high on sub-$30 items and sky-high on sub-$12 items) in order to greatly discourage people from sending such items. We lose a substantial amount of money on all items that sell for just a few dollars each, and we are trying really hard to get people to stop sending them, as they "drag down" the final prices for all items.
Items selling for: We receive this amount:
$1000.00+ 20% of the selling price
$500.00 to $999.99 22% of the selling price
$400.00 to $499.99 24% of the selling price
$300.00 to $399.99 26% of the selling price
$100.00 to $299.99 28% of the selling price
$ 70.00 to $ 99.99 30% of the selling price
$ 40.00 to $ 69.99 35% of the selling price
$ 30.00 to $ 39.99 40% of the selling price
$ 20.00 to $ 29.99 50% of the selling price
$ 12.00 to $ 19.99 60% of the selling price
$ 8.00 to $ 11.99 66% of the selling price
$ .01 to $ 7.99 75% of the selling price
IMPORTANT NOTE ABOUT OUR RATES: The rates are for each individual item sold, not for your consignment as a whole. Also, a "bulk lot" is considered a single item, so if a lot of 50 posters sells for $100, the rate you pay will be 28% for one item, not 75% for each individual item.
These may seem like really high rates on the sub-$20 items, but in actuality, we will not come close to breaking even on the sub-$20 items, because we have an hour of labor in every item, and we don't get enough to pay for that hour for items that sell for under $20, plus we still have to pay all the web hosting fees, advertising fees, and credit card fees (we'll get $5.99 for an item that sells for $7.99, but we still lose money on that item! We get $7.20 for an item that sells for $11.99, but we still lose money on that item! We get $12.00 for an item that sells for $19.99, and we probably just barely break even on that item, which is a waste of our time!) Therefore, we have made these rates extremely high on the sub-$20 items in an attempt to get people to stop sending them for individual sale (but we gladly accept such items as "bulk lots")! Sub-$20 items COST us money (we lose money on almost every one) and they cost our consignors money, because having a lot of sub-$20 items causes bidders to lose interest in bidding, and they bid less than they do when there are very few sub-$20 items! Remember that we must pay all the website fees, the credit card fees, and the cost of sending the items, and, unlike every other major auction company, WE CHARGE NO BUYERS PREMIUMS TO OUR CUSTOMERS! Please realize that if you were to sell these lower priced items yourself, you would probably find that you weren't even earning minimum wage, after taking into account the amount of time you spent and the fees you would pay. Selling items for just a few dollars each is just a waste of everyone's time.
