How Does The Millionaire Gallery Charity Fundraising Consignment Program Work?
• Very Simple! We will provide you with beautifully framed unique memorabilia that your attendees have never seen before with a Consignment Price on each piece. The Consignment Price is the charities’ price if the piece sells. Charities generally begin the bidding on each piece at this consignment price, which is low enough to encourage bidders. Once other people see that a particular piece is receiving multiple bids, they get interested and think they are missing out on something and will often join in on the bidding. The Charity then receives 100% of the bidding price above the consignment price. EXAMPLE: An autographed piece has a consignment price of just $250 and ultimately sells for $900. The charity keeps $650 and only the $250 goes to Millionaire Gallery. It is not uncommon for our items to sell for 2-3 times their consignment cost. • In some cases, it is recommended that the charity add, say, 10% on top of their consignment cost to ensure that they maximize their fundraising e
