Sportingold Auctions

[TheSorter!]

Does anybody know how long it is before you get paid on items you've sold in Sportingold's auctions?

[goonerboy]

Normally around 1 month. Cheers

[square1back2]

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.

[Westwardprogs]

My experience is that the cheque usually arrives 6 weeks and 1 day after the auction.

[TheSorter!]

Thanks for your replies. A bit of a variation there!

[Flaming Pie]

The place l use, Wingetts, Wrexham, usually paid within seven or eight days.

[stingray]

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.

[Auchinleckian]

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.

[Pete’s Picture Palace]

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.

[square1back2]

I totally agree with Pete, in my experience the service from Sportingold as either a buyer or seller is first class.