2 different auction house currently auctioning the same item?!

[keithsky]

I don't know how both auction companies could say they have it or list it when as a consignor don't you send the item to the auction house so they have it in there possession? If one has the item at there place how could the other say they do also? Am I missing something?

[earlywynnfan]

Originally Posted by keithsky

I don't know how both auction companies could say they have it or list it when as a consignor don't you send the item to the auction house so they have it in there possession? If one has the item at there place how could the other say they do also? Am I missing something?

I guess both accept items from consignors they are familiar with and post them before they get them in hand. One AH used the term "remote posting" and the other told me it was in transit to them when I called them originally.