Consignment Auction Details:

1. Selling your baskets on consignment via Ebay Auctions is similar to selling your baskets at a local auction with a few important differences.
2. Local auctions are limited in space and the bidding population is normally limited to local buyers. Ebay Auctions reach national – and even international bidders. With a larger bidding population (higher viewing exposure), the potential for higher selling prices will be much greater.
3. Local auctioneers charge anywhere between 45-55% commissions on consigned item sales. 
• Basket City, USA - Consignment fee per item structure:

• Closing Value Final Value Fee per item sold

  $0 - $400

  25% of the closing value

  $400 ++

  22% of the closing value

  
  
4. Local auctioneers often assess a buyer’s premium (10-15% of item selling price) which is added onto the selling price at auction ending. The auctioneer retains this additional amount in an effort to cover check fees, credit card fees and personnel charges. Buyer’s premium fees are not passed onto the seller. Bidders often keep their bidding low in an attempt to minimize this after auction surcharge that will be added onto their bill at auction ending. Ebay consignment sale auctions will not assess a buyer’s premium fee onto the bidder.

Baskets, Pottery, Accessories & Wrought Iron:

• Any/all Longaberger products and related collecctible item will be accepted for consignment sales.
• All items are to be delivered to Basket City, USA. Shipment or delivery details will vary depending upon where the seller is located.

Selling Price:

• We strongly encourage sellers to list any all items at an opening bid of $9.95 or less with No Reserve in effect – which means that the item being sold will be sold to the highest bidder. This facilitates a ‘live’ auction environment and encourages bidders to bid competitively.
• If a seller wishes to protect their investment in some of the higher priced baskets (J.W. Collection, etc) then we suggest that the seller keep opening bids at a realistic initial starting level so as to not discourage bidders from participating in the auction.
• Basket City, USA has no control over the ending auction prices – meaning – what each item sells for is based solely upon the discretion of the bidders.

Seller Responsibility:

• Sellers will sign an Auction Consignment Agreement which protects both parties involved.
• The seller agrees to pay Basket City, USA the following fee schedule of the final selling price of each item posted on Ebay.
• Consignment fee per item structure:

• Closing Value Final Value Fee per item sold

  $0 - $400

  25% of the closing value

  $400 ++

  22% of the closing value

  
  
• The seller also agrees to pay all Ebay fees associated with the auction including listing and selling fees.
  

• We will offer payment options of PayPal, Master Card, Visa, Discover, American Express, Checks and Money Orders with the seller paying all fees associated with credit card and check processing.
• Ebay Listing and selling fees in effect as of 2/20/2008 (subject to change by eBay):

Insertion Fees for regular, Reserve Price Online Auction, and Multiple Item listings.

Insertion Fees
The insertion fee for Auction-style and Fixed Price listings will be reduced as indicated in the chart below. Also, all listings will now include the Gallery picture feature for free!

Insertion Fees for Auction-style listings

Starting or Reserve Price	Current Insertion Fee	Insertion Fee (effective 02/20/2008)	Insertion Fee (Books, Music, DVDs & Movies, and Video Games)* effective 02/20/2008
$0.01 - $0.99	$0.20	$0.15 Lower fee!	$0.10 Lower fee!
$1.00 - $9.99	$0.40	$0.35 Lower fee!	$0.25 Lower fee!
$10.00 - $24.99	$0.60	$0.55 Lower fee!	$0.35 Lower fee!
$25.00 - $49.99	$1.20	$1.00 Lower fee!	$1.00 Lower fee!
$50.00 - $199.99	$2.40	$2.00 Lower fee!	$2.00 Lower fee!
$200.00 - $499.99	$3.60	$3.00 Lower fee!	$3.00 Lower fee!
$500.00 or more	$4.80	$4.00 Lower fee!	$4.00 Lower fee!

Insertion Fees for Fixed Price listings

Starting or Reserve Price	Current Insertion Fee	Insertion Fee (effective 02/20/2008)	Insertion Fee (Books, Music, DVDs & Movies, and Video Games)* effective 02/20/2008
$0.01 - $0.99	$0.20	N/A	N/A
$1.00 - $9.99	$0.40	$0.35 Lower fee!	$0.25 Lower fee!
$10.00 - $24.99	$0.60	$0.55 Lower fee!	$0.35 Lower fee!
$25.00 - $49.99	$1.20	$1.00 Lower fee!	$1.00 Lower fee!
$50.00 - $199.99	$2.40	$2.00 Lower fee!	$2.00 Lower fee!
$200.00 - $499.99	$3.60	$3.00 Lower fee!	$3.00 Lower fee!
$500.00 or more	$4.80	$4.00 Lower fee!	$4.00 Lower fee!

*Books (267), Music (11233), DVDs and Movies (11232) and Video Games (1249) - Does not include video game systems (62054).

Insertion Fees for Store Inventory listings

Starting or Reserve Price	Current Insertion Fee	Insertion Fee (effective 02/20/2008)
$0.01 - $0.99	$0.05	N/A
$1.00 - $24.99	$0.05	$0.03 Lower fee!
$25.00 - $199.99	$0.10	$0.05 Lower fee!
Above $200.00	$0.10	$0.10

Starting Price: Fixed Price, Store Inventory, and Buy It Now
The "N/A" in the charts above reflects a new minimum start price for Fixed Price listings, Store Inventory listings and the Buy It Now feature. Store Inventory and Fixed Price listings must have a starting price of at least $1.00. The Buy It Now feature, which can be added to Auction-style listings, must also have a minimum Buy It Now price of at least $1.00.

Gallery Feature Fee
The Gallery picture feature fee for all listings will be free as indicated in the chart below. Unless otherwise indicated, all changes will be applicable to listings on www.ebay.com and www.ebaymotors.com (Parts & Accessories only).

Gallery Feature Fees

Starting or Reserve Price	Current Gallery Fee	Gallery Fee (effective 02/20/2008)
Auction-style Listings	$0.35	FREE
Fixed Price Listings	$0.35	FREE
Store Inventory Listings	$0.01	FREE
Classified Ads	Variable	FREE

• The Final Value Fee is calculated per item sold, based on the final sale price of the item.

The Final Value Fees will be revised per the table below.

Final Value Fees for Auction-style and Fixed Price listings

Closing Price	Final Value Fee	Final Value Fee (effective 02/20/2008)
Item not sold	No fee	No change
$0.01-$25.00	5.25% of the closing value	8.75% of the closing value
$25.01 - $1,000.00	5.25% of the initial $25.00, plus 3.25% of the remaining closing value balance ($25.01 to $1,000.00)	8.75% of the initial $25.00, plus 3.50% of the remaining closing value balance ($25.01 to $1,000.00)
Over $1,000.01	5.25% of the initial $25.00, plus 3.25% of the initial $25.00 - $1,000.00 plus 1.50% of the remaining closing value balance ($1,000.01 - closing value)	8.75% of the initial $25.00, plus 3.50% of the initial $25.00 - $1,000.00 plus 1.50% of the remaining closing value balance ($1,000.01 - closing value)

Final Value Fees for Store Inventory listings

Closing Price	Final Value Fee	Final Value Fee (effective 02/20/2008)
Item not sold	No fee	No change
$0.01-$25.00	10.00% of the closing value	12.00% of the closing value
$25.01 - $100.00	10.00% of the initial $25.00, plus 7.00% of the remaining closing value balance ($25.01 to $100.00)	12.00% of the initial $25.00, plus 8.00% of the remaining closing value balance ($25.01 to $100.00)
$100.01-$1000.00	10.00% of the initial $25.00, plus 7.00% of the initial $25.01 - $100.00, plus 5.00% of the remaining closing value balance $100.01 - $1,000.00	12.00% of the initial $25.00, plus 8.00% of the initial $25.01 - $100.00, plus 4.00% of the remaining closing value balance $100.01 - $1,000.00
Over $1,000.01	10.00% of the initial $25.00, plus 7.00% of the initial US$25.01 - $100.00, plus 5.00% of the initial $100.01 $1,000.00, plus 3.00% of the remaining closing value balance	12.00% of the initial $25.00, plus 8.00% of the initial $25.01 - $100.00, plus 4.00% of the initial $100.01 - $1,000.00, plus 2.00% of the remaining closing value balance