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Old 05-22-2013, 04:39 PM
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James Wymer
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Join Date: Oct 2011
Location: Hamilton, Ohio
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Quote:
Originally Posted by bcbgcbrcb View Post
Thanks for the info, Rhett, I never thought to check that. I am very surprised that a consignor would be allowed to pull an item like that from a major auction only a few days before closing. I'm not sure that a lot of auction houses would allow that.
There really is not much recourse for an auctioneer once a consignor backs out. You can charge them the commission based on market value. It is not a smart thing to sell an item after a consignor says no, even the written contract will not easily save you the trouble it will cause you.
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James Wymer
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