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TheSorter!
Joined: 07 May 2016 Posts: 198
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Posted: Mon Dec 10, 2018 1:11 pm
Post subject: Sportingold Auctions |
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Does anybody know how long it is before you get paid on items you've sold in Sportingold's auctions? |
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goonerboy
Joined: 24 Aug 2009 Posts: 1047
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Posted: Mon Dec 10, 2018 3:16 pm
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Normally around 1 month. Cheers |
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square1back2
Joined: 28 Sep 2010 Posts: 39
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Posted: Mon Dec 10, 2018 3:17 pm
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I believe the payment day to the seller is no later than 40 days after the auction but in my experience it is usually closer to the 40th day, I hope this helps. |
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Westwardprogs
Joined: 29 May 2013 Posts: 689
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Posted: Mon Dec 10, 2018 3:18 pm
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My experience is that the cheque usually arrives 6 weeks and 1 day after the auction. |
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TheSorter!
Joined: 07 May 2016 Posts: 198
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Flaming Pie
Joined: 26 Nov 2016 Posts: 931
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Posted: Mon Dec 10, 2018 4:08 pm
Post subject: Sportingold Auctions |
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The place l use, Wingetts, Wrexham, usually paid within seven or eight days. |
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stingray
Joined: 14 May 2011 Posts: 60
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Posted: Mon Dec 10, 2018 5:15 pm
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I suppose it depends on how quickly the buyers pay. If you had six items that went to six different people, then I doubt they could release funds until all six have paid up. |
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Auchinleckian Forum Moderator
Joined: 21 Nov 2008 Posts: 4352
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Posted: Mon Dec 10, 2018 10:02 pm
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It's normally the rules of the auction house that determine when you get paid, not the different amount of bidders. Sportingold are usually six weeks as previously mentioned. |
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Pete’s Picture Palace Forum Moderator
Joined: 19 Feb 2013 Posts: 4221 Location: Wallington Surrey
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Posted: Tue Dec 11, 2018 12:25 am
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Looking at this from the other end, as a buyer they are a superb house to deal with.
Easy viewing the day before with a cup of tea; prompt issuing of invoice; 20.4% commission which is fair these days; postage at inhouse franking cost + £3 packing; immediate despatch on receipt of payment.
I've never sold anything at auction (since 2000 anyway) and so can only speak as I find them as buyer. |
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square1back2
Joined: 28 Sep 2010 Posts: 39
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Posted: Tue Dec 11, 2018 9:24 am
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I totally agree with Pete, in my experience the service from Sportingold as either a buyer or seller is first class. |
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