SUBJECT: BEWARE Steve Verkman, Keith Vari, Leland’s, Clean Sweep & Paragon auctions

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#11

02-06-2025, 06:55 PM

rand1com

R@ndy Hart.soe

Join Date: Nov 2019

Posts: 1,539

Quote:

Originally Posted by tiger8mush

I'd agree if it weren't for the 16% interest rate.

Sorry, but I have a hard time believing a multimillion dollar auction house is trying to squeeze $200/month out of a consignor until $15K comes through the auction process to cover the advance when they expect to get a $40K take in the end if indeed the consignment is worth at least 6 figures.

Could be the conflict got out of hand and both sides have dug in but the pittance of $200 a month makes no sense although I assume it could be true.

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