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#3
09-14-2020, 12:35 PM
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I have a couple of nonpaying bidders each auction. Obviously we block them. Oddly it is almost always on low value items. In our contract it states there are three ways of dealing with this to be used at our discretion.
1. We pay you as if the sale was completed and take possession of the item for a future sale. 2. We inform you the item wasn't paid for and deduct that sale from settlement, but will sell in a future sale. 3. The same as 2 except we return the item. To date, since the no-pays have been small we have only used option #1. If it was a big item we would definitely discuss the situation with the consignor before a decision was made.
__________________
Check out https://www.thecollectorconnection.com Always looking for consignments 717.327.8915 We sell your less expensive pre-war cards individually instead of in bulk lots to make YOU the most money possible! and Facebook: https://www.facebook.com/thecollectorconnectionauctions 
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