Mastro Auctions Mastro's Stuff?

[Orioles1954]

I can only speak for the auction house I work for. Sometimes, the same item has been auctioned twice due to non-payment in the first auction. We then will go to the consignor and either A.) return the item or B.) run the lot again a second time.

[calvindog]

Originally Posted by Orioles1954

I can only speak for the auction house I work for. Sometimes, the same item has been auctioned twice due to non-payment in the first auction. We then will go to the consignor and either A.) return the item or B.) run the lot again a second time.

What if there are hidden reserves which are not met and the items are then given back to the consignor with false sales recorded? Does that ever happen?

[Orioles1954]

Originally Posted by calvindog

What if there are hidden reserves which are not met and the items are then given back to the consignor with false sales recorded? Does that ever happen?

I have never participated in such action. If I was asked to participate or knew of such actitivity happening I would resign immediately.

[Orioles1954]

Originally Posted by Orioles1954

I can only speak for the auction house I work for. Sometimes, the same item has been auctioned twice due to non-payment in the first auction. We then will go to the consignor and either A.) return the item or B.) run the lot again a second time.

I will also add C.) If one of us pesky writers accidentally messes up an item and we accept it as a return from the winning bidder (doesn't happen often).