Parker Proposal - Collector Motor Series 2024

225.819.7740 | 225.363.8488

13340 Florida Blvd. Livingston, LA 70754

Proposal C

Our third option for your consideration is a sale price guarantee of $450,000, with a sharing of the proceeds that exceed that guarantee. That guarantee of $450,000 would be paid regardless of the hammer price, minus our expenses and commissions and you will be paid following the auction.

We would still assume the responsibility of the mechanical work and auction preparation, but these expenses would be recovered from the guarantee.

Any sums realized exceeding our set guarantee number, we would split with you evenly.

For example, the guaranteed price is set at $450,000 and the final hammer price is our low estimate of $500,000, then you would receive a total of $360,000. ($450,000 plus $10,000 -your share of amount over guarantee - minus an estimated $100,000 of preparation expenses). At a final hammer price of $600,000, you would receive $407,000. ($450,000 plus $57,000 -your share of amount over guarantee - minus an estimated $100,000 of preparation expenses). At our high estimate of $750,000, you would receive $477,500. ($450,000 plus $127,500 -your share of amount over guarantee - minus an estimated $100,000 of preparation expenses).

In this option we share risk and share in the upside reward.

Contrasted with option B, which we assume all the risk and the upside reward. Contrasted with option A, which you assume the risk but keep the upside reward minus any sales commission.