I need help getting consignments to gallery, can TBS help?
Moving consignments to the gallery is the responsibility of the consignor. TBS often helps by reserving our preferred team of bonded movers in a 16ft truck within a 20 mile radius. Alternatively, we receive deliveries of both donations and consignments weekdays between 10AM and 4PM.
What happens to items not eligible for consignment?
We do auction donations for charity, and often together in mixed group lots. Items that arrive with estates that are damaged, or do not meet the threshold for auction, might be sold from the gallery floor on preview days or passed to Goodwill, elementary school fundraisers, local religious groups, or the veterans association as we are limited on space.
Frequently Asked Questions:
Why choose The Benefit Shop?
By offering two ways to convert estate treasures, TBS turns estate liquidation into a winning, fail-safe combination. We pride ourselves in finding new homes for treasured items by matching buyers with sellers and inviting a worldwide audience to participate in the process.
The Benefit Shop holds weekly auctions of donations and consignments for charity. Estimated prices are subjective—buyers will make the final determination as to the actual value—so your lots will always start low and always sell at market value.
How does The Benefit Shop Foundation consistently draw a worldwide audience?
TBS auctions are featured and advertised on four platforms including: LiveAuctioneers, Invaluable, AuctionZip, and eBay as well as social media such as: Google+, Facebook, GoDaddy, Twitter, Pinterest, Instagram, YES, and local papers including The Arts & Antiques Weekly.
Step 3 — We will review the photos of your items within your email and contact you within 24 hours with a final decision.
Step 1 — Please confirm that your items are eligible for auction. Some exclusions include: firearms, exercise equipment, and electronics.
Step 2 —Email usphotos of your items along with your contact information and pickup address. Be sure to put CONSIGNMENT in the subject line.
Consignment is a great way to liquidate and monetize "already enjoyed" valuables without holding a public event in your home. Consignors are still eligible to receive a tax deduction for unsold items and or a portion of the foundation auction fees.
How long does it take from the auction date to the consignment check?
Items that sell at auction are reconciled within 45 days. Your items are part of a single consignor order life cycle beginning the date of your first auction. The second auction runs online only two weeks later. Consignor checks are issued thirty days following the second auction.
What happens if an item doesn’t sell the second time around?
Items that remain after a second auction shift to “donation” and are once again offered for sale but at price points significantly below the market rate unless they are retrieved by their consignor within two business days. Consignors receive a tax deductible donation form to report these items along with their settlement checks.