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22 February 2011, 12:37 AM | #1 |
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Problem with Antiquorum?
I have a friend who consigned two Rolex watches to Antiquorum for the 7 December 2010 auction in NYC. Both watches were sold to a buyer who was present at the auction (who also happens to be a friend), he paid immediately, but the seller has not been paid despite repeated inquiries. He keeps getting shuffled from person to person, and the latest excuse was that the funds were in Switzerland or China.
Is this typical behavior for Antiquorum? Is Antiquorum on the verge of bankruptcy or in some other financial trouble? Has anybody here had a similar experience? Is lack of payment 75 days after the auction considered acceptable in the auction world? I would appreciate any input the experienced members on this forum could provide. Thank you.
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22 February 2011, 12:38 AM | #2 |
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A well known fact in the business.
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22 February 2011, 12:43 AM | #3 |
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There is and have been a lot of comments posted on other forums about this. Do a google search.
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22 February 2011, 12:57 AM | #4 |
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I believe that is a reoccurring problem with auction houses .
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22 February 2011, 12:58 AM | #5 |
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22 February 2011, 01:14 AM | #6 |
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How long has AQ been stiffing customers? You would think this would be bad for business.
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22 February 2011, 01:15 AM | #7 |
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Not true.
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22 February 2011, 01:33 AM | #8 |
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X2!! It is not an issue with Christies or Sothebys and is limited to Antiquorom!
I have not heard of any issue with any other auction house.
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22 February 2011, 01:41 AM | #9 |
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Not what my uncle Hans would say after dealing with Christies in Geneva some years ago . My earlier remark was relating to that event only .
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22 February 2011, 01:49 AM | #10 |
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Not what my uncle Hans said after dealing with Christies in Geneva some years ago . My remark was based on his experience , I should maybe not have put it in a general sense .
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22 February 2011, 01:52 AM | #11 |
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22 February 2011, 02:58 AM | #12 | |
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Quote:
Fortunately, there are still forums like this one where people can post questions, share their experiences and get honest comments. I hope this thread shows up in a Google search when somebody is doing their due diligence and trying to make an informed decision.
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22 February 2011, 03:03 AM | #13 | |
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They are in cahoot with AQ so of course they delete any negative discussions about them. Again... |
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22 February 2011, 03:11 AM | #14 | |
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Quote:
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22 February 2011, 03:16 AM | #15 |
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Damn I'm sorry to hear about this.... hope your friend gets his money.
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22 February 2011, 04:06 AM | #16 |
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22 February 2011, 04:26 AM | #17 |
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TimeZone is owned by Antiquorum. Of course any critical post will be deleted immediately.
I consigned a painting with Christie's last year. The painting sold within their estimated range & payment was sent to me on the exact day it was promised. |
22 February 2011, 04:36 AM | #18 | |
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22 February 2011, 04:37 AM | #19 |
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Everyone I know that has ever sold on Christies has never had a problem-no disrespect to Uncle Hans!
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22 February 2011, 04:38 AM | #20 |
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I wonder why??
Ps--Just kidding--just look at front page in huge letters!! PSS-I just read your post in full--LOL---I also saw your post and saw it disappear from there too!!
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22 February 2011, 06:07 AM | #21 |
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I guess the reactions of the various forums to a thread like this shows us which forums are truly interested in honestly educating their members and those that only care about marketing. If Customer Service at Antiquorum acted as quickly as the moderators at the forum it owns, there would not be threads like this one. I would love to see the company respond rather than have the thread deleted. Let the buyers, sellers and posters beware.
Thank you to all who have provided feedback to my questions. I will keep you informed.
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22 February 2011, 06:09 AM | #22 | |
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Quote:
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22 February 2011, 06:11 AM | #23 |
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22 February 2011, 06:12 AM | #24 |
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Thought so....Let us know what happens. Hope you get it resolved soon.
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22 February 2011, 06:58 AM | #25 | |
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Hope it gets resolved quickly David. |
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22 February 2011, 07:21 AM | #26 |
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Is it accurate to say that TZ is owned by Antiquorum? Also, is their chief moderator an emplyee of the auction house?
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22 February 2011, 07:25 AM | #27 |
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22 February 2011, 08:08 AM | #28 |
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23 February 2011, 08:06 AM | #29 |
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Perhaps Antiquorum reads the forums?
My friend received a response from Antiquorum today -- first from the PR & Marketing Department and then from Finance. Still no payment from the Finance Department.
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23 February 2011, 08:54 AM | #30 |
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