Consigning Autographs To An Auction House

Consigning autographs to an auction house can be acautionary notifications.
rewarding and enjoyable experience if you followTerms of consignment
these guidelines:Review the terms of consignment for the autograph
Listingauction.  Autograph auction houses usually supply their
Form a list of item(s) you plan to submit to anterms on request.  Often, this information is
autograph auction house or auction company.downloadable from their website.
DetailsGuarantor of authenticity
Add details to your list with as much pertinentSome autograph auction companies may require that
information as possible.  For example, descriptions ofyou guarantee the authenticity of the autograph you
autographed manuscripts and documents need tosubmit for consignment and indemnify the auction
include type of autograph e.g. typed letter signed,company from any form of buyer remorse.  Unless
handwritten letter signed, size, date, and condition. you are a professional autograph dealer, the auction
Descriptions of books containing autographs need tocompany should take responsibility for proper
include information about the book e.g. is it a firstevaluation of your autographs, and also provide
edition? and condition of accompanying dust jacket. guarantees of authenticity to their customers.
Potential buyers also need to know details of anyDue diligence
inscription that accompanies an autograph on a bookLook over the background of the auctioneer.  Is the
or photograph.auctioneer properly licensed in states that require
Add unusual detailslicensing?  Is the auctioneer a full-time autograph
Include a biographical description if the autograph is bydealer?
a notable person that is not immediately recognizable.Submission of your list
Importance of net reservesSubmit your list to several autograph auction
Add a net reserve for each item on your list.  Thiscompanies.  Be prepared to send them copies of
number is the least amount of payment you are willingyour autographs.
to accept on the sale of your item.  Setting theKnow all the costs
bottom limit protects you from having your item sold atObtain proposed fees for everything the autograph
an unreasonably low price or at a significant loss.auction company charges.  This includes commissions,
Finding Autograph Auction Housesproduction costs, catalog photos, mailing and packaging,
Autograph collecting publications and websitesapplicable taxes, and interest on cash advances.  Get
specializing in memorabilia have advertising fromall of their fees in writing before proceeding further.
many varieties of autograph auction companies.Negotiation
Approriate auction housesRemember, the autograph auction business is highly
Form a list of potentially suitable auction houses.  Forcompetitive and you are in a position to negotiate
example, some auction houses specialize infavorable terms, especially if your autographed
autographs from famous sports personalities; othersmaterial is in high demand.
may specialize in notable personalities who haveFinal selection
autographed stocks and bonds.Select the auction company that passes your
Public legal recordsbackground check, gives you a reasonable deal, and
Check public records and reputable Internetone that you feel comfortable working with.  When
resources to scrutinize the track record of autographcarefully planned, consigning autographs to an auction
auction companies.  Check with establishedhouse can be an enjoyable and rewarding experience.
autograph organizations for recommendations and