My interpretation is that the consignor is getting 60% of the hammer + buyers premium. If that is the case I think it is pretty shocking. My guess is that if in fact this is a six figure consignment that other auction houses like REA, LOTG, HA, Brockelman, etc would have given the consignor full hammer plus some BP points. That said, once you sign a contract that's it. People need to ask questions before they sign, not after. If it is a bad deal the consignor only has himself to blame.
Last edited by oldjudge; 02-04-2025 at 04:21 PM.
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