Quote:
Originally Posted by alanu
I would think the consigner would be given the option of:
-being paid for the item at the bid amount, thereby allowing the auction house to relist the item at their own risk of getting more or less the next auction... keeping in mind they have the final value fee in their favor
-Alan
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I was simply commenting on the above point, that an auction house should not pay for items at the hammer price if a bidder does not pay.