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brionon | 16:08 Tue 11th Nov 2008 | Film, Media & TV
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Us -What does it cost to put a reserve on a piece in an Auction and Fail to sell it? surely the Auction House gets something ?
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Avatar Image Ethel
This is a typical, albeit low, term of auction houses:

In the case of unsold lots: The vendor is liable for a charge of �4 for each lot unsold in the auction. This charge is designed to discourage the submission of un-saleable lots, or the imposition of unrealistic reserves.
16:16 Tue 11th Nov 2008
Avatar Image Bluemukka
�4 wouldn't put me off LOL
20:06 Tue 11th Nov 2008

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