anic
New Member
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February 2013
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by anic on Jan 27, 2017 0:32:25 GMT 1, They were going for at least 4.5 and 7.5 with 30 minutes left...
They were going for at least 4.5 and 7.5 with 30 minutes left...
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CREAM
New Member
๐จ๏ธ 424
๐๐ป 513
June 2015
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by CREAM on Jan 27, 2017 0:34:08 GMT 1, What about the black and white snoopy?
What about the black and white snoopy?
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by Yeah Yeah Yeah Round2 on Jan 27, 2017 6:50:35 GMT 1, What about the black and white snoopy?
It didn't sell. It's back up for sale on kidrobot
What about the black and white snoopy? It didn't sell. It's back up for sale on kidrobot |
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yobaby
New Member
๐จ๏ธ 408
๐๐ป 254
November 2016
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by yobaby on Jan 27, 2017 9:39:09 GMT 1, Does anyone know the final result of the Kaws prints - black kawsbob and you should know I know?
Would love to know too. Amazingly the sellers reserve price on the black spongebob was 3500.
Does anyone know the final result of the Kaws prints - black kawsbob and you should know I know? Would love to know too. Amazingly the sellers reserve price on the black spongebob was 3500. |
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noirrion
New Member
๐จ๏ธ 411
๐๐ป 679
September 2013
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by noirrion on Jan 27, 2017 17:17:38 GMT 1, Dran - Free speech is one of my all-time favourites. Did this sell?
Dran - Free speech is one of my all-time favourites. Did this sell?
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davievegas
New Member
๐จ๏ธ 983
๐๐ป 355
January 2013
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by davievegas on Jan 27, 2017 18:47:42 GMT 1, Last I looked, free speech bid was at $1300. That was couple hours before it ended
Last I looked, free speech bid was at $1300. That was couple hours before it ended
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Pattycakes
Junior Member
๐จ๏ธ 1,379
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June 2007
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by Pattycakes on Feb 9, 2017 4:21:28 GMT 1, I was a consignor to a sale in December and January this year. I'm owed just under $4,000. I have had to chase to get any response from them, their reply is that they hope to have more information for vendors next week.
I was a consignor to a sale in December and January this year. I'm owed just under $4,000. I have had to chase to get any response from them, their reply is that they hope to have more information for vendors next week.
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Amber Halo
New Member
๐จ๏ธ 554
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April 2013
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by Amber Halo on Feb 9, 2017 6:04:45 GMT 1, Yikes.
Yikes.
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Poster Bob
Junior Member
๐จ๏ธ 5,891
๐๐ป 5,524
September 2013
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by Poster Bob on Feb 9, 2017 8:31:43 GMT 1, When did the buyer pay them and when were the pieces collected and delivered?
I was a consignor to a sale in December and January this year. I'm owed just under $4,000. I have had to chase to get any response from them, their reply is that they hope to have more information for vendors next week.
When did the buyer pay them and when were the pieces collected and delivered? I was a consignor to a sale in December and January this year. I'm owed just under $4,000. I have had to chase to get any response from them, their reply is that they hope to have more information for vendors next week. |
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Pattycakes
Junior Member
๐จ๏ธ 1,379
๐๐ป 423
June 2007
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by Pattycakes on Feb 9, 2017 10:31:47 GMT 1, Buyers paid almost immediately, and works went to them on consignment. From what I understand a lot of people are in the same boat, and some for a lot of money.
Buyers paid almost immediately, and works went to them on consignment. From what I understand a lot of people are in the same boat, and some for a lot of money.
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by Happy Shopper on Feb 9, 2017 11:07:05 GMT 1, I was going to consign a print a few weeks ago, but luckily made a private sale instead.
Oddly they didn't even get back to me with an estimate or anything. Just an automated reply that they'd look at the item.
I was going to consign a print a few weeks ago, but luckily made a private sale instead.
Oddly they didn't even get back to me with an estimate or anything. Just an automated reply that they'd look at the item.
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Poster Bob
Junior Member
๐จ๏ธ 5,891
๐๐ป 5,524
September 2013
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by Poster Bob on Feb 9, 2017 11:55:47 GMT 1, Buyers paid almost immediately, and works went to them on consignment. From what I understand a lot of people are in the same boat, and some for a lot of money.
Buyers paid almost immediately, and works went to them on consignment. From what I understand a lot of people are in the same boat, and some for a lot of money. I would send them a politely worded email that you find the delay in payment extremely worrisome and unwarranted and you will go public with the delay and that you are in contact with a large group of consignors. Hell, Artnet might even publish your story. I certainly will wait and list my prints with Artnet instead of Paddle8 if you are not paid promptly. |
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savannahsam
New Member
๐จ๏ธ 375
๐๐ป 104
June 2015
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by savannahsam on Feb 9, 2017 14:37:58 GMT 1, Buyers paid almost immediately, and works went to them on consignment. From what I understand a lot of people are in the same boat, and some for a lot of money.
Yes, Buyers paid asap as that's the only time they respond is if it has to do with money! I'm thinking of going back to Artnet even though it is pay to play. If I had known that the buyers were getting them on consignment I would of never signed the contract.
Buyers paid almost immediately, and works went to them on consignment. From what I understand a lot of people are in the same boat, and some for a lot of money. I sold a couple of Brainwash pieces and was finally glad they were gone! No response to email or phone calls just leave a message after the beep. I'm owed close to $6K at the present moment and this was an auction that was months ago almost 4 months now... Yes, Buyers paid asap as that's the only time they respond is if it has to do with money! I'm thinking of going back to Artnet even though it is pay to play. If I had known that the buyers were getting them on consignment I would of never signed the contract. |
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tartarus
Junior Member
๐จ๏ธ 2,628
๐๐ป 2,169
February 2013
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by tartarus on Feb 9, 2017 16:06:25 GMT 1, Nearly put a Stik original in for their November or December sale. i know how i would feel! i really hope you guys get sorted!
Nearly put a Stik original in for their November or December sale. i know how i would feel! i really hope you guys get sorted!
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soam24
Junior Member
๐จ๏ธ 1,007
๐๐ป 379
December 2012
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by soam24 on Feb 9, 2017 16:09:41 GMT 1, I was a consignor to a sale in December and January this year. I'm owed just under $4,000. I have had to chase to get any response from them, their reply is that they hope to have more information for vendors next week.
As someone who is familiar with paddle8, after the auction ends and the buyer pays, it usually takes a month to get your payment from the date of the buyer paying. the buyer has 30 days to pay post auction.
So these time frames that you're posting are realistic with how things work.
I was a consignor to a sale in December and January this year. I'm owed just under $4,000. I have had to chase to get any response from them, their reply is that they hope to have more information for vendors next week.
As someone who is familiar with paddle8, after the auction ends and the buyer pays, it usually takes a month to get your payment from the date of the buyer paying. the buyer has 30 days to pay post auction.
So these time frames that you're posting are realistic with how things work.
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Poster Bob
Junior Member
๐จ๏ธ 5,891
๐๐ป 5,524
September 2013
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by Poster Bob on Feb 9, 2017 16:20:16 GMT 1, I was a consignor to a sale in December and January this year. I'm owed just under $4,000. I have had to chase to get any response from them, their reply is that they hope to have more information for vendors next week.
As someone who is familiar with paddle8, after the auction ends and the buyer pays, it usually takes a month to get your payment from the date of the buyer paying. the buyer has 30 days to pay post auction.
So these time frames that you're posting are realistic with how things work.
I was a consignor to a sale in December and January this year. I'm owed just under $4,000. I have had to chase to get any response from them, their reply is that they hope to have more information for vendors next week.
As someone who is familiar with paddle8, after the auction ends and the buyer pays, it usually takes a month to get your payment from the date of the buyer paying. the buyer has 30 days to pay post auction.
So these time frames that you're posting are realistic with how things work.
Struck Contemporary says he's been waiting almost 4 months. Printguru should have been paid for his December sale by now. |
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soam24
Junior Member
๐จ๏ธ 1,007
๐๐ป 379
December 2012
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by soam24 on Feb 9, 2017 17:09:46 GMT 1,
As someone who is familiar with paddle8, after the auction ends and the buyer pays, it usually takes a month to get your payment from the date of the buyer paying. the buyer has 30 days to pay post auction.
So these time frames that you're posting are realistic with how things work.
Struck Contemporary says he's been waiting almost 4 months. Printguru should have been paid for his December sale by now. The 4 months is an issue.
As someone who is familiar with paddle8, after the auction ends and the buyer pays, it usually takes a month to get your payment from the date of the buyer paying. the buyer has 30 days to pay post auction.
So these time frames that you're posting are realistic with how things work.
Struck Contemporary says he's been waiting almost 4 months. Printguru should have been paid for his December sale by now. The 4 months is an issue.
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Pattycakes
Junior Member
๐จ๏ธ 1,379
๐๐ป 423
June 2007
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by Pattycakes on Feb 9, 2017 17:47:03 GMT 1, I've been waiting 2 months. Their financial issues are now well known, they haven't paid because clearly the funds have been swallowed up by the business and now they are hoping a white knight saves them. It's not looking good alas.
What I find deeply annoying is that they are still advertising sales and conning people into consigning even though there are clearly dozens of people owed money by them. More the fool me for consigning but frankly I did it as a favour to an old friend, and thought their clients might have been more suited to the items I wanted to sell. I'm only lucky more of the things I had in those sales didn't sell or I would be well and truly F'd.
I've been waiting 2 months. Their financial issues are now well known, they haven't paid because clearly the funds have been swallowed up by the business and now they are hoping a white knight saves them. It's not looking good alas.
What I find deeply annoying is that they are still advertising sales and conning people into consigning even though there are clearly dozens of people owed money by them. More the fool me for consigning but frankly I did it as a favour to an old friend, and thought their clients might have been more suited to the items I wanted to sell. I'm only lucky more of the things I had in those sales didn't sell or I would be well and truly F'd.
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savannahsam
New Member
๐จ๏ธ 375
๐๐ป 104
June 2015
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by savannahsam on Feb 9, 2017 18:00:29 GMT 1, It's been 3 months my fat fingers hit the 4 button
It's been 3 months my fat fingers hit the 4 button
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Poster Bob
Junior Member
๐จ๏ธ 5,891
๐๐ป 5,524
September 2013
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Pattycakes
Junior Member
๐จ๏ธ 1,379
๐๐ป 423
June 2007
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by Pattycakes on Feb 15, 2017 19:03:43 GMT 1, Yes I hear it's quite the bloodbath.
Yes I hear it's quite the bloodbath.
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Pattycakes
Junior Member
๐จ๏ธ 1,379
๐๐ป 423
June 2007
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by Pattycakes on Feb 15, 2017 19:18:19 GMT 1, still no sign of my money either I am seriously annoyed
still no sign of my money either I am seriously annoyed
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hermit1
New Member
๐จ๏ธ 227
๐๐ป 529
March 2016
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by hermit1 on Feb 15, 2017 20:39:17 GMT 1, yikes! I am bidding on something on there right now
yikes! I am bidding on something on there right now
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Poster Bob
Junior Member
๐จ๏ธ 5,891
๐๐ป 5,524
September 2013
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by Poster Bob on Feb 15, 2017 20:50:55 GMT 1, yikes! I am bidding on something on there right now
yikes! I am bidding on something on there right now I think you have a very valid reason to retract it. Like I said earlier I have two pieces scheduled but I'm going to tell them to void the contract unless I hear that you've all been paid or they'll pay me cash/transfer if I deliver them to their office. |
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by oxfordwelshchap on Feb 15, 2017 21:02:30 GMT 1, Are you selling any of the faile's by any chance?
Are you selling any of the faile's by any chance?
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11
Junior Member
๐จ๏ธ 4,856
๐๐ป 6,735
February 2011
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by 11 on Feb 15, 2017 21:08:57 GMT 1, I believe if you have consigned art and not received payment then the art still legally belongs to the consignee. Even if the buyer has paid and received the goods, the artwork can be returned to its original owner as the contract of sale has not been fulfilled - the issue will be between the selling agent and its buyers.
I cant remember where I picked that up from but it seemed to make sense at the time....then again, I might just be talking complete bollocks so suggest anyone affected should actually start seeking some advice.
I believe if you have consigned art and not received payment then the art still legally belongs to the consignee. Even if the buyer has paid and received the goods, the artwork can be returned to its original owner as the contract of sale has not been fulfilled - the issue will be between the selling agent and its buyers.
I cant remember where I picked that up from but it seemed to make sense at the time....then again, I might just be talking complete bollocks so suggest anyone affected should actually start seeking some advice.
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samfrost
New Member
๐จ๏ธ 787
๐๐ป 530
June 2014
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by samfrost on Feb 15, 2017 21:49:57 GMT 1, Does anyone else had a recent experience consigning with Paddle8 that mirrors the OP's account?
I was looking to consign a few things on P8, but the headlines have given me pause. I previously had no issues consigning in early 2016 with P8.
Does anyone else had a recent experience consigning with Paddle8 that mirrors the OP's account?
I was looking to consign a few things on P8, but the headlines have given me pause. I previously had no issues consigning in early 2016 with P8.
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dotdot
Junior Member
๐จ๏ธ 3,658
๐๐ป 1,030
December 2006
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by dotdot on Feb 15, 2017 22:28:18 GMT 1, To all affected by this , I hope it works out.
To all affected by this , I hope it works out.
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by Deleted on Feb 16, 2017 4:45:18 GMT 1, still no sign of my money either I am seriously annoyed lodge a claim in your local court. It costs you nothing and the onus is on them to defend themselves against it. It's a proper ballache, I know this because I've recently had to deal with an unsavory character/issue. It was time consuming and stressful. The annoying thing is that it takes 5 minutes to lodge a claim up to a max 10K while it takes the defendant far longer to prepare their case.
When you use Paddle 8, you have agreed to New York State jurisdiction.
still no sign of my money either I am seriously annoyed lodge a claim in your local court. It costs you nothing and the onus is on them to defend themselves against it. It's a proper ballache, I know this because I've recently had to deal with an unsavory character/issue. It was time consuming and stressful. The annoying thing is that it takes 5 minutes to lodge a claim up to a max 10K while it takes the defendant far longer to prepare their case. When you use Paddle 8, you have agreed to New York State jurisdiction. |
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by Deleted on Feb 16, 2017 4:53:56 GMT 1, I believe if you have consigned art and not received payment then the art still legally belongs to the consignee. Even if the buyer has paid and received the goods, the artwork can be returned to its original owner as the contract of sale has not been fulfilled - the issue will be between the selling agent and its buyers. I cant remember where I picked that up from but it seemed to make sense at the time....then again, I might just be talking complete bollocks so suggest anyone affected should actually start seeking some advice.
By registering to bid or sell with Paddle 8, you have agreed to a provision that title transfers to buyer the moment it is paid for. The minute it was paid for, it is no longer your art. You are just an unsecured creditor of Paddle8.
I wouldn't want to be owed money by them right now.
Interesting aside. It is my understanding that in New York, whose laws govern P8 sales/consignments, if you consign artwork to a gallery and it goes out of business, you are an unsecured creditor and at the back of the line as far as payment is concerned. Your consigned work can be seized to satisfy debts to more senior creditors(unless you are the artist yourself). Yes, your property can be legally taken and you are out of luck. This is unless you file certain paperwork with the state(or county, forget which) ahead of the consignment(a UCC-1 form creating a lien associated with the work) which jumps you up in the order of creditors. So, if they go bankrupt, could we see Paddle8's creditors come knocking on the doors of those with active consignment agreements looking to seize artwork? According to the contracts, the consignment extends to any unsold artwork for 60 days after an auction. I doubt, but the law and art is a very interesting topic.
I believe if you have consigned art and not received payment then the art still legally belongs to the consignee. Even if the buyer has paid and received the goods, the artwork can be returned to its original owner as the contract of sale has not been fulfilled - the issue will be between the selling agent and its buyers. I cant remember where I picked that up from but it seemed to make sense at the time....then again, I might just be talking complete bollocks so suggest anyone affected should actually start seeking some advice. By registering to bid or sell with Paddle 8, you have agreed to a provision that title transfers to buyer the moment it is paid for. The minute it was paid for, it is no longer your art. You are just an unsecured creditor of Paddle8. I wouldn't want to be owed money by them right now. Interesting aside. It is my understanding that in New York, whose laws govern P8 sales/consignments, if you consign artwork to a gallery and it goes out of business, you are an unsecured creditor and at the back of the line as far as payment is concerned. Your consigned work can be seized to satisfy debts to more senior creditors(unless you are the artist yourself). Yes, your property can be legally taken and you are out of luck. This is unless you file certain paperwork with the state(or county, forget which) ahead of the consignment(a UCC-1 form creating a lien associated with the work) which jumps you up in the order of creditors. So, if they go bankrupt, could we see Paddle8's creditors come knocking on the doors of those with active consignment agreements looking to seize artwork? According to the contracts, the consignment extends to any unsold artwork for 60 days after an auction. I doubt, but the law and art is a very interesting topic. |
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