eMoviePoster.comDid you know... that a LOT of our consignors are also bidders, and vice versa?Return to Did You Know Archive Added: 07/04/2018 A lot of the 2,200+ people who have consigned to us are collectors as well, and they regularly bid in our auctions. What kinds of items are they
consigning? Usually it falls in one of three categories (and they somewhat overlap): 2) Or it might be that they just find they have too much stuff! Lots of collectors buy all kinds of stuff early on, and as their tastes refine they often realize that they don't care about a portion of their collection, and never look at it anymore. 3) Or it might be that they have been collecting a LONG time, and have reached a point in life where they must consider what to do with their collection "someday". They have NOT reached a point where they want to sell their entire collection, but they want to start the process of winding it down, so as to not leave an eventual burden for their heirs. What is really cool is that all three of the above types usually still collect pretty regularly even while they are consigning a part of their collection. Sometimes they buy just as often as before, and sometimes they focus on rare items that have eluded them for a long time, but most DO spend at least a significant portion of their consignment proceeds on new purchases (and of course having that money coming in makes it easier to afford those new purchases). What our consignors DON'T do is bid on their own consignments, only on those that other people have consigned. Now there is never going to be a way to completely stop consignors from bidding on their own items, because even if they don't do it themselves, they can have a "friend" bid "for them" on another account, and no auction can stop this. But what DOES stop this is the giant penalty the consignor pays when he "buys back his own item". He has to pay all the commission (usually an average of around one-third of the selling price in our auctions, or one-half in most other auctions), plus the cost of shipping the item to his "friend", and he loses that money and still is stuck with the poster. In some auctions, the consignors ARE allowed to bid on their own items (check each auction's fine print terms of sale), and in some the consignor can make a deal to pay low or no commissions on items they "buy back", so in those auctions there is no penalty such as I describe above. And worse yet, some auctions own many of the items they auction, so they pay the commissions to themselves, so again there is no penalty. But this NEVER happens in eMoviePoster.com auctions! Our consignors know this, and the people who can't accept that we REALLY have honest no reserve auctions (with no bidding by consignors) simply don't consign to us, and we want it that way! But if you are a collector who has items you no longer care about, and wouldn't mind turning into cash (to help fund purchases, or for any other reason), why not consider consigning them to us? See http://www.emovieposter.com/learnmore/?page=consign for full details!
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