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Sale Date: January 1516, 2019 www.MorganHorseAuction.com Consignment deadline: November 15, 2018 (or until a preferred number is reached)LOCATION: PA Farm Show Complex Corner of Cameron & McCray Streets,
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How to fill out auction consignment and sales
How to fill out auction consignment and sales
01
Step 1: Gather all necessary information about the item you wish to consign or sell at an auction.
02
Step 2: Research and choose a reputable auction house or platform to consign or sell your item. Make sure they specialize in your type of item.
03
Step 3: Contact the auction house or platform to inquire about their consignment process. They will provide you with the necessary forms and instructions.
04
Step 4: Fill out the consignment form accurately and provide all requested details about your item, including its condition, provenance, and any relevant documentation or certificates of authenticity.
05
Step 5: Take clear and high-quality photographs of your item from multiple angles. This will help attract potential buyers and provide a better understanding of its condition.
06
Step 6: Submit the consignment form along with the photographs to the auction house or platform as per their instructions. They may also ask for additional documentation, such as appraisals or expert opinions.
07
Step 7: Wait for the auction house or platform to review your consignment. They will assess its market value and determine whether to accept it for sale.
08
Step 8: If your consignment is accepted, you will usually receive a consignment agreement detailing the terms of the auction, including fees, commissions, and deadlines.
09
Step 9: Follow any instructions provided by the auction house or platform to prepare your item for sale, such as packaging or shipping arrangements.
10
Step 10: Once the auction takes place, the auction house or platform will actively market your item to their database of potential buyers. They will handle all aspects of the bidding process and sales transaction.
11
Step 11: If your item sells at the auction, the auction house or platform will notify you of the final sale price and any applicable fees or deductions.
12
Step 12: Depending on the auction house or platform's policy, you may receive payment within a specified time frame after the auction concludes.
13
Step 13: If your item does not sell during the auction, the auction house or platform may provide options such as re-listing, private sale negotiations, or returning the item to you.
Who needs auction consignment and sales?
01
Individuals who have valuable items they want to sell but lack the resources or expertise to do so on their own.
02
Collectors looking to consign or sell part of their collection in order to acquire new items or fund other endeavors.
03
Estate executors or administrators needing to liquidate assets as part of estate settlement or probate proceedings.
04
Artists or artisans seeking a platform to showcase and sell their creations to a wider audience.
05
Businesses looking to sell excess inventory or assets through a reputable and efficient channel.
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Antique dealers or vintage shop owners wanting to reach a broader market and attract serious buyers for their items.
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Individuals who prefer the convenience and exposure provided by the auction consignment and sales process.
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What is auction consignment and sales?
Auction consignment and sales refer to the process of selling goods through an auction house on behalf of a consignor.
Who is required to file auction consignment and sales?
The auction house or the individual conducting the auction is required to file auction consignment and sales.
How to fill out auction consignment and sales?
To fill out auction consignment and sales, one needs to provide information about the consignor, the goods being sold, and the auction details.
What is the purpose of auction consignment and sales?
The purpose of auction consignment and sales is to facilitate the sale of goods through a competitive bidding process.
What information must be reported on auction consignment and sales?
Information that must be reported includes details of the consignor, description of the goods, sale price, and any applicable fees.
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