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Old 04-16-2015, 09:34 AM
mschwade mschwade is offline
M@tt Schw@de
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Join Date: Jul 2011
Location: Midwest
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Quote:
Originally Posted by MaysFan View Post
Just wondering what the perception is of the practice of auction houses charging their consignors fees in order to obtain auction letters (pre-certified, not full letters) before placing items in an auction. Not naming any particular auction, but I am running into that now in looking to submit some consignments. Seemed that in the past this was done "in house," so to speak, with the TPA presumably rummaging through lots and pre-certifiying them prior to auction, but with no charge to the consignor...at least that had been my experience previously. Care to comment?
Is that for Auction LOA's/Pre-Certs or is that for the actually LOA/Cert itself? I've seen a charge to the consignor for the latter, not sure I've seen the former.
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