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Old 02-15-2009, 04:32 PM
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Default More bad news for Mastro

Posted By: marshall barkman

What is hogwash is the 45 day wait. When a consigonor buys the item he or she generally pays cash for the item because most folks do not even want a check. The consignor then has to find a auction house that is suitable for the highest return on the investment. Sometimes the auction will not be for 30 or 60 days due to advertising the sale. So basically what you are saying is a guy could buy a item put it in the auction which could be a month out and then have to wait 45 to 60 days for payment. My thoughts on that are good luck and you have no fear of ever getting any of my high end autographs. Auction houses should change their policies and payment should be made in 2 to 3 three weeks.

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