kiy
New Member
Posts โข 240
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August 2007
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Auction House Problem, by kiy on Jun 5, 2009 10:22:42 GMT 1, I need some advise on a Issue I have with one of the larger auction Houses. I placed a couple of prints into a auction last year which failed to sell.
When I received them back both had creases in them. One of them Had crease all the way through the print which is almost unbelievable.
The auction house sent them to be restored. Even after restoration the creases are visible.
I have been offered 70% of the reserve value (which was already less then my cost) by the auctioneers.
I had negotiated a 10% commission with the auctioneers and paid for Insurance also.
Should I accept the 70% or ask them for 90% which would of been the minimum I would of received if the prints sold at the reserve?
Does anyone know where I stand legally?
Thanks
I need some advise on a Issue I have with one of the larger auction Houses. I placed a couple of prints into a auction last year which failed to sell.
When I received them back both had creases in them. One of them Had crease all the way through the print which is almost unbelievable.
The auction house sent them to be restored. Even after restoration the creases are visible.
I have been offered 70% of the reserve value (which was already less then my cost) by the auctioneers.
I had negotiated a 10% commission with the auctioneers and paid for Insurance also.
Should I accept the 70% or ask them for 90% which would of been the minimum I would of received if the prints sold at the reserve?
Does anyone know where I stand legally?
Thanks
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bonesy
Junior Member
Posts โข 1,387
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July 2006
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Auction House Problem, by bonesy on Jun 5, 2009 10:29:22 GMT 1, I dont know, but thats BS. Which auction house?
I dont know, but thats BS. Which auction house?
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kiy
New Member
Posts โข 240
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August 2007
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Auction House Problem, by kiy on Jun 5, 2009 10:35:19 GMT 1, I don't think it would be fair to say which auction house, but there where many reports of poor handaling and display of prints at the said auction.
I was also offerred 30% deprecation.
I don't think it would be fair to say which auction house, but there where many reports of poor handaling and display of prints at the said auction.
I was also offerred 30% deprecation.
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Auction House Problem, by buffin on Jun 5, 2009 10:39:20 GMT 1, If you paid for insurance shouldn't this cover it?
If you paid for insurance shouldn't this cover it?
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afroken
Junior Member
Posts โข 1,018
Likes โข 29
February 2009
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Auction House Problem, by afroken on Jun 5, 2009 10:57:57 GMT 1, Will you get 70% and the prints? I think that's fair.
Will you get 70% and the prints? I think that's fair.
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bert
New Member
Posts โข 674
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August 2007
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Auction House Problem, by bert on Jun 5, 2009 11:02:32 GMT 1, If you get 70% and the prints, can you not just sell the prints (as damaged) and be quids in?
If you get 70% and the prints, can you not just sell the prints (as damaged) and be quids in?
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Poppy Sunshine
Junior Member
Posts โข 1,700
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January 2008
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Auction House Problem, by Poppy Sunshine on Jun 5, 2009 11:14:17 GMT 1, If the auction house are at fault for this then personally I'd want 100% of the reserve or a perfect repair plus compensation for the trouble.
Alternatively, tell the auction house to sell the pieces as they are and make up any shortfall to you after they are sold in their current condition.
Phone consumer direct 08454 04 05 06. They will know your legal standing and tell you the best course of action in minutes and it's for free.
Good luck.
If the auction house are at fault for this then personally I'd want 100% of the reserve or a perfect repair plus compensation for the trouble.
Alternatively, tell the auction house to sell the pieces as they are and make up any shortfall to you after they are sold in their current condition.
Phone consumer direct 08454 04 05 06. They will know your legal standing and tell you the best course of action in minutes and it's for free.
Good luck.
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kiy
New Member
Posts โข 240
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August 2007
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Auction House Problem, by kiy on Jun 5, 2009 11:52:13 GMT 1, The offeron the table is 70% and theykeep the prints.
30% and I keep the prints,
or the place them in the next auction and they will make up the difference upto the reserve.
I just realised, the last option I would get all my money but I have to wait even longer until it gets done.
If they are prepared to do this then really I should wait it out, it might be the place a reserve on the pieces and they dont sell again...I will need to check.
The offeron the table is 70% and theykeep the prints.
30% and I keep the prints,
or the place them in the next auction and they will make up the difference upto the reserve.
I just realised, the last option I would get all my money but I have to wait even longer until it gets done.
If they are prepared to do this then really I should wait it out, it might be the place a reserve on the pieces and they dont sell again...I will need to check.
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Poppy Sunshine
Junior Member
Posts โข 1,700
Likes โข 324
January 2008
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Auction House Problem, by Poppy Sunshine on Jun 5, 2009 11:59:21 GMT 1, Please call that number I gave you.
They are very good and may well give you a one line sentence to quote which makes the auctioneers quake in their boots and cough up.
Trust me I've used them a few times.
Please call that number I gave you.
They are very good and may well give you a one line sentence to quote which makes the auctioneers quake in their boots and cough up.
Trust me I've used them a few times.
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Deleted
Posts โข 0
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January 1970
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Auction House Problem, by Deleted on Jun 5, 2009 12:51:33 GMT 1, last years reserve price will be higher than this years imo, you should be able to get 100% of last years reserve price and some compensation, what prints were they? Good luck and don't let them off the hook, read your terms and conditions and like PSS said Phone consumer direct 08454 04 05 06.
last years reserve price will be higher than this years imo, you should be able to get 100% of last years reserve price and some compensation, what prints were they? Good luck and don't let them off the hook, read your terms and conditions and like PSS said Phone consumer direct 08454 04 05 06.
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Auction House Problem, by rosstierney on Jun 5, 2009 12:57:53 GMT 1, tell them they're paying for a new set of prints & let them keep the damaged ones to recoup
if they disagree, say you're going to stick a ccj on them, approach the media & take them to a small claims court
they'll physically shit
tell them they're paying for a new set of prints & let them keep the damaged ones to recoup
if they disagree, say you're going to stick a ccj on them, approach the media & take them to a small claims court
they'll physically shit
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Deleted
Posts โข 0
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January 1970
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Auction House Problem, by Deleted on Jun 5, 2009 13:05:42 GMT 1, tell them they're paying for a new set of prints & let them keep the damaged ones to recoup if they disagree, say you're going to stick a ccj on them, approach the media & take them to a small claims court they'll physically s**t
lol
tell them they're paying for a new set of prints & let them keep the damaged ones to recoup if they disagree, say you're going to stick a ccj on them, approach the media & take them to a small claims court they'll physically s**tlol |
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Auction House Problem, by wiz on Jun 5, 2009 13:57:19 GMT 1, Can of worms, auction consignee contracts have lots of clauses. Can you successfully sell the prints on the open market now for more than the 70% they have offered you? if you cannot then just take it imo. Which auction?.
Can of worms, auction consignee contracts have lots of clauses. Can you successfully sell the prints on the open market now for more than the 70% they have offered you? if you cannot then just take it imo. Which auction?.
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Auction House Problem, by Guest on Jun 5, 2009 14:28:26 GMT 1, Take the cash, then name and shame.
Take the cash, then name and shame.
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moleman
Junior Member
Posts โข 1,866
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March 2008
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Auction House Problem, by moleman on Jun 5, 2009 14:38:38 GMT 1, you can name and shame it wont stop people goingn there but one thing is for sure kick up a huge stink and ask a lawyer to get involved they have more leway than us mere mortals. Im sure there must be one on here who will send a letter for free come on boys and girls
you can name and shame it wont stop people goingn there but one thing is for sure kick up a huge stink and ask a lawyer to get involved they have more leway than us mere mortals. Im sure there must be one on here who will send a letter for free come on boys and girls
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