View Single Post
  #12  
Old 02-06-2025, 09:24 AM
gunboat82 gunboat82 is offline
Mike Henry
Member
 
Join Date: Apr 2023
Location: Massachusetts
Posts: 411
Default

Quote:
Originally Posted by theshowandme View Post
Can I get the cliff notes of this thread in 5 bullets or less?
  • OP has big collection, needs to sell at a difficult time in his life, and consigns to Leland's/Clean Sweep with 60/40 split of proceeds
  • OP now thinks that 40% seems high and wants to rescind the consignment
  • OP produces what purports to be the actual consignment agreement, but it's handwritten and leaves out a lot of potentially material terms, including a schedule of items to be sold, leading to uninformed speculation about what is actually being auctioned and what OP is supposed to receive
  • OP was given a $15K advance, and it appears that he may be expected to pay interest on that advance at a rate just shy of the usury threshold.
  • Leland's/Clean Sweep responded by proxy and defended the agreement as standard in light of the work involved, and the thread was moved to the Watercooler section to minimize the visibility and potential reputational damage.