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Old 09-09-2010, 08:23 AM
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Jeffrey Lichtman
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Join Date: Apr 2009
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Quote:
Originally Posted by Orioles1954 View Post
I can only speak for the auction house I work for. Sometimes, the same item has been auctioned twice due to non-payment in the first auction. We then will go to the consignor and either A.) return the item or B.) run the lot again a second time.
What if there are hidden reserves which are not met and the items are then given back to the consignor with false sales recorded? Does that ever happen?
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