Consigning Tips for Autograph Auctions
Autograph auctions invoke the thrill of buying and selling autographs
. Dealing with reputable auctioneers who abide by rules and regulations is the key to have an enjoyable and worthwhile transaction. Look over the following tips to make the best choice when selecting an autograph auction company to buy or sell your autographed memorabilia. Is the auction house legitimately licensed for proper representation? Some auction houses are licensed by an individuals who have little or no knowledge of autographs, or who have very little to do with day-to-day operations. For example, a New Hampshire auction company is licensed to a woman whose primary job is selling jewelry and teaching classes on stringing necklaces. What is their track record?
Consider industry feedback posted by reputable websites, newspaper articles, and legal records. Websites such as AutographAlert.com provide details about various autograph auctioneers. A legal search discloses that RRAuction has been sued for autograph fraud in Federal Court. AutographAlert.com supplies a legal referral to those who believe that have been harmed by RRAuction. Do they use third-party authenticators? Auctioneers who use third-party authenticators use this as a legal shield to absolve responsibility for their consignments. Many of these auctioneers issue mass-produced certificates of authenticity that have their preprinted signatures. The May 17, 2008, issue of AutographAlert discusses the downside of third-party authentication. What are their terms for cash advances? Some autograph auction houses charge hefty fees for cash advances for consignments. RRAuction has among the highest fees in the industry, charging 1.5% monthly interest for cash advances and the stipulation that you may not get paid for up to three months following the end of an auction. Venue for disputes? Some autograph auction companies require that you agree to settle any disputes in the state of their business. Do you really have the time, resources, and energy to travel to their state for issues of payment, shipment, and authenticity? Most autograph auctioneers offer great, friendly service on reasonable terms. Select a reputable auctioneer that will value you and your consignment as much as you value your autographs.
Consigning Tips for Autograph Auctions
By: David Thoreau