What is a comic book 'consignment' sale?

What is a comic book 'consignment' sale?

Mark Zaid (Owner of Esquire Comics) gives expert video advice on: What are the pros and cons of selling my comic books individually?; What are the pros and cons of selling my comics as a collection?; Who should I sell my comic books to? and more...

A comic book consignment sale means you still retain ownership of that book. You will consign the comic book to a dealer to sell for you. There will be a percentage of that sale that the dealer will retain, anywhere from typically 7% (for myself), to as much as 25% most often. It will range, usually an auction house will be a 10-20% premium that they will assess from that comic book consignment sale.