Fanatics Collect Consignments
We are an authorized submission center for Fanatics Collect Premier & weekly auctions. Below are the terms and conditions, along with the payout rates. This service is not intended for bulk or lower value cards. $50 or higher cards preferred. We have the pay rate for cards sold between .99 to $49.99 displayed below because not every card will perform exactly as expected and some will fall into that tier.
The "Hammer" price is the final dollar figure that an auction ends at. On Ebay that is simply the price that the auction ends at, but at larger auction houses such as Fanatics, Heritage, Goldin, etc... there's typically a 20% buyer's premium added on top of the hammer price. Example Sale: An auction ends at $1,000, that's the hammer price. The 20% buyer's premium ($200) is added to the hammer price making the overall sale $1,200. Instead of paying fees to sell this example card, you would receive the entire $1,000 hammer price + 4.5% of the buyer's premium, equaling a $1,045 payout. You can view the entire payout rate breakdown below.
Please contact the shop if you have any questions about the process.
Terms & Conditions
As part of making an auction submission to LJ’s Card Shop, an Authorized Fanatics Dealer, consignor must read and agree to the following Terms and Conditions:
1. All auction submissions are final and cannot be returned once the items have been shipped to the LJ’s Card Shop vault at Fanatics Collect.
2. LJ’s Card Shop will auction your graded or authenticated cards without a reserve via its Fanatics Collect account with a starting bid of $0.99 cents, to sell to the highest bidder. No guarantees are made or implied by LJ’s Card Shop of auction results or card values of submitted cards. Ungraded (raw) cards must be authenticated by CGC prior to auction. This service is completed once the raw cards are received by Fanatics. The cost is $5 per raw card and will require additional time to complete. PSA, SGC, CGC & BGS slabbed grading is available as well. Additional time & grading fees will vary on a card by card basis and will be discussed prior to executing the agreement. Payments involving authentication and/or slabbed grading are due with the auction submission unless alternate arraignments are agreed upon between LJ’s and the consignor.
3. LJ’s Card Shop will not consign items which display evidence of trimming, tampering, or are questionable, and consignor agrees not to knowingly submit any such items. LJ’s Card Shop reserves the right, at its sole discretion, to refuse to auction any item at any time. Consignor agrees that in the event LJ’s Card Shop rejects any item(s) for consignment, LJ’s Card Shop shall return the item to the consignor.
4. Consigned items will be shipped to Fanatics with insurance based on the estimated value noted prior to executing the agreement. Consigned items are also insured once they are in Fanatics possession within the vault. Consigned items are covered by either LJ’s or Fanatics during the entire process.
5. LJ’s Card Shop will exercise professional care in handling items submitted for consignment. However, if LJ’s Card Shop determines that consignor’s item was lost or damaged while in LJ’s Card Shop’s possession, consignor will be compensated based upon the fair market value of the item as determined by LJ’s Card Shop, which may include filing a claim with our insurance carrier. The declared value the consignor provides is only an estimate for insurance coverage, and the fair market value of the item may be more or less than the declared value. The fair market valuation will be discussed with the consignor prior to any settlements being dispersed. LJ’s Card Shop shall have no liability to the consignor for items that are damaged while outside of the custody or control of LJ’s Card Shop.
6. Consignor will be paid directly by LJ’s Card Shop. Payments will be made on Fridays for any completed and paid auctions with available funds that are deposited into the LJ’s Chase account by Tuesday of the same week. Example: An auction ends on Sunday Jan 11th, the buyer pays on Weds Jan 14th and funds become available for transfer on Friday Jan 16th. If a withdrawal is initiated and the funds are deposited into the Chase account by Tuesday Jan 20th, you would be paid on Friday Jan 23rd. If the funds are deposited on Weds Jan 21st or later, you would be paid the following Friday Jan 30th.
7. Payout percent of hammer price (per card):
$.99 - $49.99 payout is 92%.
$50 - $99.99 payout is 95%
$100 - $199.99 payout is 99%
$250 - $9,999 payout is 104.5%.
$10,000 - $249,999 payout is 107.5%
$250,000+ payout is 110%
