I was mistaken,
Mel, thanks, but let it go! I agreed to take these as a test, and the test proved it IS a massive waste of time, just as I have said for years.As to what you quote above, that was written years ago, and needs to be slightly revised. Back then we DID have an hour of labor in every auction. Now, thanks to huge improvements in how we list posters, we have less than 30 minutes of labor in each auction, but because I now pay my employees far more than I did then (hardly anyone has left in years, and I have only excellent people) we pay an average salary of somewhere of around $15 per hour, so that means we have around $7.50 of labor alone in each auction. Add in fixed overhead costs, and we still DO have around $10 of cost in each auction, so the resulting statistics ARE true, and those cheap posters ARE "losers".We surely WILL continue to have a fair number of inexpensive items, as we will continue to accept entire collections on consignment. However we will continue to insist that the "bottom of the barrel" items be shifted to bulk lots, because auctioning them singly truly IS a massive waste of time, that yields little to the consignor.One exception: we will continue to auction items we have never auctioned before, especially one-sheets for newly released movies, so that we can continue to have virtually EVERYTHING in our unmatched Auction History database.
Who comes back first, Mel or Bruce?I miss Bruce's insight on stuff and the occasional insider's look into the auction house world.
I could care less who comes back just as much as I could care less about who leaves or who is present.
I am hoping for Whoopi
How funny! I was just reading this too! Great minds etc thanks Brandon
