Heritage Auction Question 0

[Ozonetv]

Question about Heritage...I’m curious if the sold prices listed include the buyers fee, and if taxes are taken out prior to payment...

for example - if a book sells for 10,000, does that mean the seller has to -2,000, -30% tax, -5% sellers fee, so the seller gets about 5k from the sale?

Thanks!

[namisgr]

20 minutes ago, Ozonetv said:

Question about Heritage...I’m curious if the sold prices listed include the buyers fee, and if taxes are taken out prior to payment...

for example - if a book sells for 10,000, does that mean the seller has to -2,000, -30% tax, -5% sellers fee, so the seller gets about 5k from the sale?

Thanks!

What is this mythical 30% tax you refer to?

As for the consignment fee, it's negotiated between the seller and Heritage but can typically run 10% for those not selling high dollar comics.

Edited May 18, 2019 by namisgr