loartve
New Member
π¨οΈ 120
ππ» 16
January 2016
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Paddle8 Auctions πΊπ² BANKRUPT , by loartve on Jan 15, 2017 7:39:54 GMT 1, Management decisions since the merger have been shockingly bad. They supposedly invested huge amounts on the London Pad week late last year, and to say it was a disappointment is a massive understatement... it was a complete car crash. It seems like they are doing everything that can to ruin what appeared to be a unique and very good business model (Paddle8, not Auctionata) with little regard to their consignors. That said, I've not come across the 60 day rule before... when I've consigned in the past I've always been paid within a week of them being paid (although lots of sales don't complete).
Management decisions since the merger have been shockingly bad. They supposedly invested huge amounts on the London Pad week late last year, and to say it was a disappointment is a massive understatement... it was a complete car crash. It seems like they are doing everything that can to ruin what appeared to be a unique and very good business model (Paddle8, not Auctionata) with little regard to their consignors. That said, I've not come across the 60 day rule before... when I've consigned in the past I've always been paid within a week of them being paid (although lots of sales don't complete).
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mandelbrot
New Member
π¨οΈ 140
ππ» 95
December 2014
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Paddle8 Auctions πΊπ² BANKRUPT , by mandelbrot on Jan 15, 2017 9:22:01 GMT 1, I've got some pieces currently with them, they have been informative, helpful and really friendly when we've communicated. Nothing bad to say about them at all. They have been professional with me also. I'm just concerned for buyers who've paid for work receiving it and vice versa in the event that the worst happens. Knowing who some of the backers are you'd like to think this won't happen but what protection do buyers and sellers really have?
Who are the backers?
I've got some pieces currently with them, they have been informative, helpful and really friendly when we've communicated. Nothing bad to say about them at all. They have been professional with me also. I'm just concerned for buyers who've paid for work receiving it and vice versa in the event that the worst happens. Knowing who some of the backers are you'd like to think this won't happen but what protection do buyers and sellers really have? Who are the backers? |
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daniel3886
Junior Member
π¨οΈ 1,250
ππ» 995
October 2006
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Paddle8 Auctions πΊπ² BANKRUPT , by daniel3886 on Jan 15, 2017 12:13:33 GMT 1, The Winkelvoss twins and Damien Hirst amongst others were mentioned when the were setting up. I don't know this for a fact. Hopefully all will be good.
The Winkelvoss twins and Damien Hirst amongst others were mentioned when the were setting up. I don't know this for a fact. Hopefully all will be good.
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yobaby
New Member
π¨οΈ 408
ππ» 254
November 2016
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Paddle8 Auctions πΊπ² BANKRUPT , by yobaby on Jan 15, 2017 20:25:55 GMT 1, I've got some pieces currently with them, they have been informative, helpful and really friendly when we've communicated. Nothing bad to say about them at all. They have been professional with me also. I'm just concerned for buyers who've paid for work receiving it and vice versa in the event that the worst happens. Knowing who some of the backers are you'd like to think this won't happen but what protection do buyers and sellers really have?
Pay with Amex. Those guys don't mess about when it comes to customer service..
I've got some pieces currently with them, they have been informative, helpful and really friendly when we've communicated. Nothing bad to say about them at all. They have been professional with me also. I'm just concerned for buyers who've paid for work receiving it and vice versa in the event that the worst happens. Knowing who some of the backers are you'd like to think this won't happen but what protection do buyers and sellers really have? Pay with Amex. Those guys don't mess about when it comes to customer service.. |
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mandelbrot
New Member
π¨οΈ 140
ππ» 95
December 2014
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Paddle8 Auctions πΊπ² BANKRUPT , by mandelbrot on Jan 15, 2017 21:59:56 GMT 1, The Winkelvoss twins and Damien Hirst amongst others were mentioned when the were setting up. I don't know this for a fact. Hopefully all will be good.
Oh jeez! The Winklevoss twins! Not much better than Jedward!
The Winkelvoss twins and Damien Hirst amongst others were mentioned when the were setting up. I don't know this for a fact. Hopefully all will be good. Oh jeez! The Winklevoss twins! Not much better than Jedward! |
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daniel3886
Junior Member
π¨οΈ 1,250
ππ» 995
October 2006
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Paddle8 Auctions πΊπ² BANKRUPT , by daniel3886 on Jan 15, 2017 22:09:28 GMT 1, If Jedward were on the Irish olymipic team! My opinion is that they were probably not accurately portrayed in the film
Facebook,Bitcoin and Paddle8 what next? I'd take the Americans over Jedward any day.
If Jedward were on the Irish olymipic team! My opinion is that they were probably not accurately portrayed in the film
Facebook,Bitcoin and Paddle8 what next? I'd take the Americans over Jedward any day.
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daniel3886
Junior Member
π¨οΈ 1,250
ππ» 995
October 2006
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Paddle8 Auctions πΊπ² BANKRUPT , by daniel3886 on Jan 15, 2017 22:21:48 GMT 1, They have been professional with me also. I'm just concerned for buyers who've paid for work receiving it and vice versa in the event that the worst happens. Knowing who some of the backers are you'd like to think this won't happen but what protection do buyers and sellers really have? Pay with Amex. Those guys don't mess about when it comes to customer service..
Sound advice for buyers. Do they take it do you know?
They have been professional with me also. I'm just concerned for buyers who've paid for work receiving it and vice versa in the event that the worst happens. Knowing who some of the backers are you'd like to think this won't happen but what protection do buyers and sellers really have? Pay with Amex. Those guys don't mess about when it comes to customer service.. Sound advice for buyers. Do they take it do you know? |
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yobaby
New Member
π¨οΈ 408
ππ» 254
November 2016
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Paddle8 Auctions πΊπ² BANKRUPT , by yobaby on Jan 15, 2017 22:51:51 GMT 1, Pay with Amex. Those guys don't mess about when it comes to customer service.. Sound advice for buyers. Do they take it do you know?
Pretty sure they do. I half heartedly went through the motions of registering and I recall it popped up as an option. I always have Amex connected to PayPal either way, if PayPal don't sort out a mess them Amex will.
Pay with Amex. Those guys don't mess about when it comes to customer service.. Sound advice for buyers. Do they take it do you know? Pretty sure they do. I half heartedly went through the motions of registering and I recall it popped up as an option. I always have Amex connected to PayPal either way, if PayPal don't sort out a mess them Amex will. |
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Poster Bob
Junior Member
π¨οΈ 5,897
ππ» 5,539
September 2013
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Paddle8 Auctions πΊπ² BANKRUPT , by Poster Bob on Jan 16, 2017 10:25:47 GMT 1, I think that even though they are under the same roof they're treated as separate entities. I did sign a contract last week to sell two items through Paddle 8 and have sold through them previously and everything went smoothly. I think I've always been paid two weeks after shipping, but I'm not sure.
I think that even though they are under the same roof they're treated as separate entities. I did sign a contract last week to sell two items through Paddle 8 and have sold through them previously and everything went smoothly. I think I've always been paid two weeks after shipping, but I'm not sure.
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Matt
Junior Member
π¨οΈ 2,359
ππ» 3,457
September 2014
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Paddle8 Auctions πΊπ² BANKRUPT , by Matt on Jan 16, 2017 11:09:39 GMT 1, I have no first hand experience of selling / buying on P8, but i do spend quite a bit of time looking at their acuctions...and I am still extremely puzzled by the odd (to say the least) results they achieve.
Some rare and hard to find pieces available there go unsold (like most of their lots), yet other much more common pieces fetch prices quite above what you would easily find on the bay, or here, or even with online galleries
I understand that bidders at prestigious and well established auction houses are not poring over eBay and UAA etc...so they will pay higher prices (sometimes fluke prices like that Invader kit or Emin poster)
But I assume that the public of an online platform like P8 is at least somewhat aware of these other online options.
So who is bidding 500+fees for a plush toy available around 300 net without much looking around ? 2.5K for an orange Invader ?
A business repeatedly acheiving "irrational" results always seems strange to me...
I have no first hand experience of selling / buying on P8, but i do spend quite a bit of time looking at their acuctions...and I am still extremely puzzled by the odd (to say the least) results they achieve.
Some rare and hard to find pieces available there go unsold (like most of their lots), yet other much more common pieces fetch prices quite above what you would easily find on the bay, or here, or even with online galleries
I understand that bidders at prestigious and well established auction houses are not poring over eBay and UAA etc...so they will pay higher prices (sometimes fluke prices like that Invader kit or Emin poster)
But I assume that the public of an online platform like P8 is at least somewhat aware of these other online options.
So who is bidding 500+fees for a plush toy available around 300 net without much looking around ? 2.5K for an orange Invader ?
A business repeatedly acheiving "irrational" results always seems strange to me...
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yobaby
New Member
π¨οΈ 408
ππ» 254
November 2016
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Paddle8 Auctions πΊπ² BANKRUPT , by yobaby on Jan 16, 2017 12:38:25 GMT 1, Does anyone know whether Paddle 8 take responsibility as to verifying the Authenticity of what they're selling?
"provenance" Acquired from above by present owner
This seems to be the standard stance with all their pieces which is fair enough to a point but there are loads of knockoff KAWS for example.
Does anyone know whether Paddle 8 take responsibility as to verifying the Authenticity of what they're selling?
"provenance" Acquired from above by present owner
This seems to be the standard stance with all their pieces which is fair enough to a point but there are loads of knockoff KAWS for example.
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Paddle8 Auctions πΊπ² BANKRUPT , by shygetshigh83 on Jan 16, 2017 12:43:19 GMT 1, m.paddle8.com/work/faile/133262-brave-and-the-strong-bcnyc/
How do you feel about the value of this book cover by Faile?
Not really expert of his price, but as I own a huge og on paper or "Brave and Strong" this will make the perfect combo!
Thanks
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Poster Bob
Junior Member
π¨οΈ 5,897
ππ» 5,539
September 2013
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Paddle8 Auctions πΊπ² BANKRUPT , by Poster Bob on Jan 16, 2017 13:17:30 GMT 1, I have no first hand experience of selling / buying on P8, but i do spend quite a bit of time looking at their acuctions...and I am still extremely puzzled by the odd (to say the least) results they achieve. Some rare and hard to find pieces available there go unsold (like most of their lots), yet other much more common pieces fetch prices quite above what you would easily find on the bay, or here, or even with online galleries I understand that bidders at prestigious and well established auction houses are not poring over eBay and UAA etc...so they will pay higher prices (sometimes fluke prices like that Invader kit or Emin poster) But I assume that the public of an online platform like P8 is at least somewhat aware of these other online options. So who is bidding 500+fees for a plush toy available around 300 net without much looking around ? 2.5K for an orange Invader ? A business repeatedly acheiving "irrational" results always seems strange to me...
Yes, the unsigned Richter market comes to mind.
I have no first hand experience of selling / buying on P8, but i do spend quite a bit of time looking at their acuctions...and I am still extremely puzzled by the odd (to say the least) results they achieve. Some rare and hard to find pieces available there go unsold (like most of their lots), yet other much more common pieces fetch prices quite above what you would easily find on the bay, or here, or even with online galleries I understand that bidders at prestigious and well established auction houses are not poring over eBay and UAA etc...so they will pay higher prices (sometimes fluke prices like that Invader kit or Emin poster) But I assume that the public of an online platform like P8 is at least somewhat aware of these other online options. So who is bidding 500+fees for a plush toy available around 300 net without much looking around ? 2.5K for an orange Invader ? A business repeatedly acheiving "irrational" results always seems strange to me... Yes, the unsigned Richter market comes to mind. |
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daveart
New Member
π¨οΈ 940
ππ» 885
February 2008
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Paddle8 Auctions πΊπ² BANKRUPT , by daveart on Jan 16, 2017 16:05:13 GMT 1, Regarding the Authenticity. My experience with Paddle 8 and Artnet both as a buyer and seller on these platforms is that no representative of the auction actually touches or handles the piece. The seller ships directly to the buyer and the pieces are never actually at the auction house. I realize this may not be true for all of their sales - but in my experience that is how it worked. As a seller through Artnet - they did do a decent amount of emailing for information, photos, etc. but nothing that would have rigorously indicated they could spot a fake better than anyone else selling items online. my 2cents. maybe someone selling Kaws fakes or something would stick to Ebay ..but my experience wouldnt lead me to believe you should feel all the safer on paddle8 or artnet. curious what others have to say on that.
Regarding the Authenticity. My experience with Paddle 8 and Artnet both as a buyer and seller on these platforms is that no representative of the auction actually touches or handles the piece. The seller ships directly to the buyer and the pieces are never actually at the auction house. I realize this may not be true for all of their sales - but in my experience that is how it worked. As a seller through Artnet - they did do a decent amount of emailing for information, photos, etc. but nothing that would have rigorously indicated they could spot a fake better than anyone else selling items online. my 2cents. maybe someone selling Kaws fakes or something would stick to Ebay ..but my experience wouldnt lead me to believe you should feel all the safer on paddle8 or artnet. curious what others have to say on that.
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Poster Bob
Junior Member
π¨οΈ 5,897
ππ» 5,539
September 2013
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Paddle8 Auctions πΊπ² BANKRUPT , by Poster Bob on Jan 16, 2017 17:39:00 GMT 1, I think Paddle8 is safer as a buyer because you pay, you receive it, and then they pay the seller. If at any point along the way something goes awry, you can get your cash back from Paddle8. Artnet on the other hand has the buyer pay the seller directly and then organizes shipping.
I think Paddle8 is safer as a buyer because you pay, you receive it, and then they pay the seller. If at any point along the way something goes awry, you can get your cash back from Paddle8. Artnet on the other hand has the buyer pay the seller directly and then organizes shipping.
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Deleted
π¨οΈ 0
ππ»
January 1970
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cyberkid
Junior Member
π¨οΈ 2,375
ππ» 2,458
January 2015
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Paddle8 Auctions πΊπ² BANKRUPT , by cyberkid on Jan 16, 2017 18:02:52 GMT 1, They have been professional with me also. I'm just concerned for buyers who've paid for work receiving it and vice versa in the event that the worst happens. Knowing who some of the backers are you'd like to think this won't happen but what protection do buyers and sellers really have? Who are the backers?
Groupe Arnault
Hearst Ventures
Earlybird
German Startup Groups
HV Holtzbrinck Ventures
They have been professional with me also. I'm just concerned for buyers who've paid for work receiving it and vice versa in the event that the worst happens. Knowing who some of the backers are you'd like to think this won't happen but what protection do buyers and sellers really have? Who are the backers? Groupe Arnault Hearst Ventures Earlybird German Startup Groups HV Holtzbrinck Ventures |
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toshspice
New Member
π¨οΈ 676
ππ» 878
January 2006
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Paddle8 Auctions πΊπ² BANKRUPT , by toshspice on Jan 16, 2017 18:09:47 GMT 1, The problem with Paddle 8 is there's no results database. Why hide the very thing that drives interest to your business?
According to their website this is "because we value your comfort and discretion, we never disclose results...."
This protects Paddle 8, not the client.
The problem with Paddle 8 is there's no results database. Why hide the very thing that drives interest to your business?
According to their website this is "because we value your comfort and discretion, we never disclose results...."
This protects Paddle 8, not the client.
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daniel3886
Junior Member
π¨οΈ 1,250
ππ» 995
October 2006
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Paddle8 Auctions πΊπ² BANKRUPT , by daniel3886 on Jan 16, 2017 18:28:50 GMT 1, I'm going to speak to Paddle8 tomorrow to see what protection sellers have if any. I'll report back.
I'm going to speak to Paddle8 tomorrow to see what protection sellers have if any. I'll report back.
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Poster Bob
Junior Member
π¨οΈ 5,897
ππ» 5,539
September 2013
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Paddle8 Auctions πΊπ² BANKRUPT , by Poster Bob on Jan 16, 2017 18:30:43 GMT 1, The problem with Paddle 8 is there's no results database. Why hide the very thing that drives interest to your business? According to their website this is "because we value your comfort and discretion, we never disclose results...."
This protects Paddle 8, not the client.
The problem with Paddle 8 is there's no results database. Why hide the very thing that drives interest to your business? According to their website this is "because we value your comfort and discretion, we never disclose results...."
This protects Paddle 8, not the client. It protects the seller that's for sure. Your edition number is not revealed and no one knows if the piece failed to sell. Opaqueness as its best! |
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Viking Surfer
Junior Member
π¨οΈ 2,390
ππ» 3,508
February 2015
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Paddle8 Auctions πΊπ² BANKRUPT , by Viking Surfer on Jan 18, 2017 3:47:50 GMT 1, Wasn't really that impressed with whats on offer?
Wasn't really that impressed with whats on offer?
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WOOF
Junior Member
π¨οΈ 4,465
ππ» 4,762
March 2014
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Paddle8 Auctions πΊπ² BANKRUPT , by WOOF on Jan 18, 2017 4:15:04 GMT 1,
Don't remember ever seeing a book cover go for more than this. It's certainly one of the better images, but with the 20% buyers premium, it's getting pretty pricey.
Don't remember ever seeing a book cover go for more than this. It's certainly one of the better images, but with the 20% buyers premium, it's getting pretty pricey. |
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Deleted
π¨οΈ 0
ππ»
January 1970
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Paddle8 Auctions πΊπ² BANKRUPT , by Deleted on Jan 18, 2017 4:23:10 GMT 1, Starting bids on most of these pieces are about what the final price should be.
Starting bids on most of these pieces are about what the final price should be.
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Deleted
π¨οΈ 0
ππ»
January 1970
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Paddle8 Auctions πΊπ² BANKRUPT , by Deleted on Jan 19, 2017 14:57:56 GMT 1, Who guards the guards? Who auctions the auction house?
Who guards the guards? Who auctions the auction house?
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Poster Bob
Junior Member
π¨οΈ 5,897
ππ» 5,539
September 2013
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Paddle8 Auctions πΊπ² BANKRUPT , by Poster Bob on Jan 19, 2017 15:14:17 GMT 1, "Meanwhile, fellow middle-market auction start-up, the New York-based Paddle8, announced yesterday its plan to buy back Paddle8 Inc from Auctionata Paddle8 AG. The two companies merged just eight months ago, in May 2016.
Paddle8βs agreement in principle, announced in a press release, details a sponsorship from a βmarket-leading investor group,β that will βsupport and fund Paddle8βs original founding team and management.β"
"Meanwhile, fellow middle-market auction start-up, the New York-based Paddle8, announced yesterday its plan to buy back Paddle8 Inc from Auctionata Paddle8 AG. The two companies merged just eight months ago, in May 2016.
Paddle8βs agreement in principle, announced in a press release, details a sponsorship from a βmarket-leading investor group,β that will βsupport and fund Paddle8βs original founding team and management.β"
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phildart
New Member
π¨οΈ 130
ππ» 35
September 2012
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samuelkl
New Member
π¨οΈ 41
ππ» 27
March 2016
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Paddle8 Auctions πΊπ² BANKRUPT , by samuelkl on Jan 20, 2017 19:50:36 GMT 1, I am familiar with the investor group backing the new paddle8. Seems everything will be ok.
I am familiar with the investor group backing the new paddle8. Seems everything will be ok.
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jluhiex
New Member
π¨οΈ 402
ππ» 223
December 2016
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Paddle8 Auctions πΊπ² BANKRUPT , by jluhiex on Jan 25, 2017 19:03:28 GMT 1, KAWS BFF Plush (BLACK)
$1600USD??? BID WTF?!?!
KAWS BFF Plush (BLACK)
$1600USD??? BID WTF?!?!
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mash
New Member
π¨οΈ 399
ππ» 258
September 2007
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Paddle8 Auctions πΊπ² BANKRUPT , by mash on Jan 26, 2017 0:00:00 GMT 1, Does anyone please know what the 2 Blek canvasses went for? I can't see the results anywhere.
Tks
Does anyone please know what the 2 Blek canvasses went for? I can't see the results anywhere.
Tks
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