Why is the authentication fee based upon the value of the signature instead of the amount of time required to do the authentication?
For example, if I do a LOA for a Don Drysdale autograph where the fee is $20 and the retail value of the item is $100, I cant charge the Roberto Clemente fee of $100, because if I did that, the authentication fee is equal to the retail value of the item. On the flip side, I cant charge a $20 fee for a Roberto Clemente LOA, when that item may be worth for $2,500, if the fee is $20 for Drysdale too. In addition, it would a logistical nightmare to try to do authentications based on the amount of time spent because you dont know how long it is going to take until you have it your hands. If I did that, people would be unable to know what the authentication fee is until after they sent their item in. Who wants to buy something without knowing what it is going to cost first? There has to be some type of system and it seems basing the authentication fee on the value of the item is the fairest way to do it.
Related Questions
- Can a request be made for the entire dollar value of the 5% fee based on the total amount of the subcontract even though the prime will be paying the sub in smaller increments?
- Why is the authentication fee based upon the value of the signature instead of the amount of time required to do the authentication?
- Is the filing fee based on the gross or net value of the estate?