Cosignors: don't worry, be happy

Article Abstract:

Consigning excess stamps to auctions and mail sales can be profitable, but amount of income is always uncertain. Sometimes consignors have unreasonable expectations on the outcome of the auction. Tips are offered on consigning stamps. These include, get a 'gut feeling' appraisal from the dealer first.

Management, Services, Consignment

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It's not as easy as it looks

Article Abstract:

The preparation for a stamp auction is laborious. The auctioneer may take months to decide what blend of materials will be offered for sale. A catalog must be prepared in which the items are sorted and written up in a format. Only after mailing the catalog, can a good rate of sales be hoped for.

Practice

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It's only worth what someone will pay

Article Abstract:

Consignors who send their unwanted stamps off to auctioneers, must be realistic about what the market will bear. Breaking even is a viable option eve if no profit is made. The auctioneer can only sell the consignment for what someone will pay and they can not guarantee profits.

Analysis, Auctions

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