»What is the first step to selling at auction?
The first step is to find out whether SIMPSON GALLERIES sells your type of property and how much it might be worth at auction.
»How can I learn if SIMPSON GALLERIES sells my kind of property and its possible auction value?
There are several options, including contacting a SIMPSON GALLERIES by telephone; emailing your inquiry to SIMPSON GALLERIES; emailing a request form for an auction estimate; contacting one of SIMPSON GALLERIES' Appraisals and Valuations services specialists; or bringing your property to our sale location. For information about bringing property, please see the following question.
»Can I bring in my property for an estimate?
You may bring property to SIMPSON GALLERIES during business hours Monday through Thursday from 9:00 AM to 4:00 PM and on Friday from 9:00 AM to 12:00 NOON. Saturday interviews are by appointment only. To ensure that a specialist will be available to examine your property, we strongly advise that you always make an appointment for any day we are open or telephone prior to your visit. Under no circumstances should you ship property to us or leave property at SIMPSON GALLERIES without first discussing it with one of our specialists.
»How long does it take from consignment to the auction?
To allow sufficient time for research, cataloguing and photography, each auction has a consignment deadline, or closing date. This date is published on our home page along with the date of the upcoming auction. This can be discussed and announced at the time of consultation.
»How much will it cost to sell property at SIMPSON GALLERIES?
SIMPSON GALLERIES operates a sliding scale of commission charges for sellers based on a client's selling activity during a year.
»What is a reserve?
A reserve is the minimum price the consignor is willing to accept and below which a lot will not be sold. This amount is confidential and will only be known by the seller and the gallery.
»Who sets the reserve price?
The consignor and SIMPSON GALLERIES specialists mutually agree on an appropriate reserve price.
»What is a consignment agreement?
The consignment agreement is a contract with the consignor to sell property. The consignment agreement includes SIMPSON GALLERIES' terms and fees for services such as insurance/loss damage liability, shipping and illustration.
»Who arranges the shipping of property to be sold?
After agreeing to consign property, you may choose to bring it yourself, arrange with your own shipper to deliver it to us, or request that SIMPSON GALLERIES specialist department help organize shipment. Please contact Ray Simpson 1-800-524-0022 after the auction.
»How will I learn the sale price of my property?
Soon after the auction SIMPSON GALLERIES mails out a post-sale notification listing the final bid price or, in the event that the property failed to sell, a notification that your property failed to reach the reserve price, or was not bid on at all.
»What if my property fails to sell?
We suggest you contact the specialist in charge for advice on whether to re-offer the property or to arrange its return.
»When will I receive payment?
SIMPSON GALLERIES sends payments to consignors approximately 35 days after each auction, assuming that purchasers have paid SIMPSON GALLERIES. Consignor payments are accompanied by settlement statements itemizing the commission and any other charges.
Please contact Ray Simpson, Auctioneer #6899, toll free at 1-800-524-0022 to set an appointment.