Selling your precious music memorabilia is not just a very personal and sometimes emotional decision, but equally important is to make the right financial choice. But how should you pick the best auction company for you?
Although most money is made off the buyers, auction houses require sellers to pay commission on sales. This is the sales commission. Auction houses compete on reputation and fees.
The seller will sign a consignment agreement with the auction house where the commission is the lowest and where their cherished item will likely be sold at the best price. For reasons that are not completely clear, some of the most famous auction houses including Christie’s or Sotheby’s are not so much involved in music memorabilia auctions as they are for selling paintings or jewellery.
Whether it’s Paul McCartney’s guitar or Elton John’s sunglasses, if you want to sell music memorabilia, there are only five options in the world —with AuctionMemorabilia.com among them.
AuctionMemorabilia.com offers the lowest commission (15%) in the industry, and there aren’t any hidden fees either. Thanks to the unique services offered on our website (e.g. a database of genuine vs. fake memorabilia), our newsletter reaches many more music collectors compared to other companies.
The below table shows the amount of commission collected by different auction houses on sales as well as the actual sum the seller makes and how much the buyer has to pay. You can also see the amount each auction house makes on different sales.
Do not hesitate to consign your memorabilia with us. We’ll do our best to realize the highest possible selling price for you. Alternatively, we may buy your collectible directly if you prefer to sell it quickly.
Click here to consign by filling in our form or send us an e-mail with your item description and images: firstname.lastname@example.org