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#1
04-16-2015, 09:25 AM
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Auction House Certs
Just wondering what the perception is of the practice of auction houses charging their consignors fees in order to obtain auction letters (pre-certified, not full letters) before placing items in an auction. Not naming any particular auction, but I am running into that now in looking to submit some consignments. Seemed that in the past this was done "in house," so to speak, with the TPA presumably rummaging through lots and pre-certifiying them prior to auction, but with no charge to the consignor...at least that had been my experience previously. Care to comment?
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