while I might hold something well past the "expiration date" for known (bidding) clients, all in all the few people who don't pay the way they're supposed to lose out as I just cancel the sales and ban them (like Bruce, I'll ban someone who doesn't pay even if it's just a 99 cent item). for all consignments, my deal with consignors is a specific "pay date" after sale. If someone doesn't pay & I know I can hold the item & still be paid, I'll pay the consignor. If it's an expensive item, my buyers must pay first, but also must pay within time frame.

At 12:39 PM 2/5/2010, Michael B wrote:
i meant....i never read the fineprint of the poster auctioneers.....THEREFORE, i am hoping to see their responses. about 5 or so MOPOers auction consigned items regularly.

mbb



-----Original Message-----
From: Kerry Laws <[email protected]>
To: [email protected]
Sent: Fri, Feb 5, 2010 3:31 pm
Subject: Re: [MOPO] CONSIGNMENT policies

Why would you not read the fine print on any auction house you dealt or deal with? That would be the first thing anyone should do--rather than step into something uninformed.

Then you would know the parameters as well as their policies, from the start.

--Kerry





On Fri, Feb 5, 2010 at 12:22 PM, Michael B <<mailto:[email protected]>[email protected]> wrote: a few months ago, i consigned 2 asian antique items to a california auction house that specializes in asian art. after 2/3 months, i asked, WHERE'S MY MONEY? they responded that the high bidder (same bidder of both items) had not yet paid; that i would be paid once HE/SHE paid.

QUESTION: what is the policy of the leading poster auctioneers if the high bidder doesnt pay? would the consignor need to wait until payment was received (maybe 4/5 months) or for the item to be reauctioned and payment received? i havent read the "fine print" of our MOPO auctioneers or the big auction houses. if a poster is returned because the buyer said it was "not as decribed"...what happens?

of course, a scam could be to consign a 20.00 insert to an auctioneer, and have 2 friends bid it up to 800 IF the policy was to pay the consignor based upon the high bid the first time out regardless of other factors.

(ps--i did get my money.....but it was 4/5 months)

so i await responses posted here from "the usual suspects".


michael

Visit the MoPo Mailing List Web Site at <http://www.filmfan.com/>www.filmfan.com
___________________________________________________________________
How to UNSUBSCRIBE from the MoPo Mailing List
Send a message addressed to: <mailto:[email protected]>[email protected]
In the BODY of your message type: SIGNOFF MOPO-L
The author of this message is solely responsible for its content.


Visit the MoPo Mailing List Web Site at <http://www.filmfan.com/>www.filmfan.com
___________________________________________________________________
How to UNSUBSCRIBE from the MoPo Mailing List
Send a message addressed to: <mailto:[email protected]>[email protected]
In the BODY of your message type: SIGNOFF MOPO-L
The author of this message is solely responsible for its content.
Visit the MoPo Mailing List Web Site at www.filmfan.com
___________________________________________________________________
How to UNSUBSCRIBE from the MoPo Mailing List
Send a message addressed to: [email protected]
In the BODY of your message type: SIGNOFF MOPO-L
The author of this message is solely responsible for its content.

        Visit the MoPo Mailing List Web Site at www.filmfan.com
  ___________________________________________________________________
             How to UNSUBSCRIBE from the MoPo Mailing List
Send a message addressed to: [email protected]
           In the BODY of your message type: SIGNOFF MOPO-L
The author of this message is solely responsible for its content.

Reply via email to