Britannia AuctionsWhen do I get paid?
After the sale is reconciled and buyers have paid for your lots. We collect payment before releasing any lot, then account to you from cleared funds for the hammer prices, less the agreed commission and any agreed costs, with a statement lot by lot. The timing follows the collection window, so payment normally arrives a short period after it closes. The auction terms set out what happens if a buyer does not pay or collect. Ask us and we will explain the specifics for your sale.
This question comes up in
Collective auctions and single item consignments
Smaller quantities and single items placed into a shared sale alongside other vendors' lots.
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