38 days after auction and waiting for check.

[markf31]

Originally Posted by Cardboard Junkie

I'm calling Bull $hit! How about protecting your buddies on the Five Four? Let us know what auction house calls their consignors "idiots".

It was easy to figure out, Jonathan made a post over in the Ebay/Vintage Card Auctions B/S/T forum on December 19, advertising for the items he had up for consignment with Mile High.

[Leon]

Originally Posted by markf31

It was easy to figure out, Jonathan made a post over in the Ebay/Vintage Card Auctions B/S/T forum on December 19, advertising for the items he had up for consignment with Mile High.

It's hard to keep a secret around here...

[jhs5120]

Originally Posted by Leon

It's hard to keep a secret around here...

+1

[Leon]

Originally Posted by jhs5120

+1

Would also be interesting to ask the OP of this thread if he is banned from bidding with any auction house, and if so, why?

[markf31]

Originally Posted by Leon

Would also be interesting to ask the OP of this thread if he is banned from bidding with any auction house, and if so, why?

Along a similar vein and while I'm not expecting this, it would be interesting to hear the other side's story, to know the exchange of words from the other side of the discussion.

[packs]

Even with a contractural agreement in place, it should not be too hard to understand the seller's frustration if you are the auction house. A lot of collectors sell their cards because they need to finance another aspect of their life. So it should not be too difficult to understand that a seller is counting on the money that is being held.

I don't see why an auction house can't advance funds after a certain period of time. If they are awaiting payment from some priviledged bidder that they have extended special financing to, why would they be worried about covering the price for the bidder and expediting payment to the seller?

[markf31]

Originally Posted by packs

Even with a contractural agreement in place, it should not be too hard to understand the seller's frustration if you are the auction house. A lot of collectors sell their cards because they need to finance another aspect of their life. So it should not be too difficult to understand that a seller is counting on the money that is being held.

I don't see why an auction house can't advance funds after a certain period of time. If they are awaiting payment from some priviledged bidder that they have extended special financing to, why would they be worried about covering the price for the bidder and expediting payment to the seller?

I'm sorry but I do find the seller's frustration a little hard to understand. The contract he agreed to gives the AH 60 days to pay. If the OP didn't like the terms of his consignment, or he wanted his money quicker, he should have taken his business elsewhere. The terms the OP agreed to for consigning are independent from the terms the 3rd party (the buyer) agrees to when participating in the auction.

As to your second point, maybe because, unless the buyer has a proven on-time and clean payment record, the AH would be assuming way to much business risk in just blindly advancing a consignor's payout before even receiving the funds, let alone waiting for the funds to clear completely.

[jhs5120]

Originally Posted by Leon

Would also be interesting to ask the OP of this thread if he is banned from bidding with any auction house, and if so, why?

I would hope not.

On a separate note; it's amazing how many AH owners/management/employees read these threads. A few months ago I shared a bad experience with an item I bought from Heritage. Amazingly, I received an email from Chris Ivy less than 12 hours later apologizing and offering to remedy the situation. It was outstanding costumer service and I won't soon forget it.