Sneakattack
205
*Sellers* beware...there's a problem with Antiquorum
I think that everyone knows about Antiquorum and Amanico's stolen Lange. Even after reading about that, I thought that I would be able to use them for one transaction to sell a watch. It was stupid of me and, unfortunately, has not turned out well.
My Vacheron Constantin ref. 30051 was sold in auction on Dec 8, 2016. On Jan 20, 2017, after not receiving payment, I emailed Antiquorum. I got the run-around and was told that they were sorry, but the customer hadn't paid yet, and so they couldn't pay me.
That actually matches the terms of the sale contract - I would only get paid 40 days after the auction if they got paid first.
I stayed on it, and by the end of January, I was told the watch had been paid for. Unfortunately, Antiquorum didn't want to pay me.
By Feb 8, they convinced me to wait one month for payment. I was furious, but I had no recourse. Unfortunately, on March 8, they still hadn't paid. As of today, March 28, they still haven't paid.
It's going to be an incredible waste of money, but at this point I simply going to have to file a suit to recover the money I'm owed. I'm posting this in order to save anyone who wants to use Antiquorum some peace of mind: there's something going on over there. Don't consign your watches to Antiquorum. Watch out! (Hah! Got to have a sense of humor about this thing, right?)
*Sellers* beware...there's a problem with Antiquorum
I think that everyone knows about Antiquorum and Amanico's stolen Lange. Even after reading about that, I thought that I would be able to use them for one transaction to sell a watch. It was stupid of me and, unfortunately, has not turned out well. My Vac...
The same happened to me! [nt]
I experienced the same with Antiquorum and have never consigned with them since! They eventually paid me almost 5 months after my watch had been sold at Auction... You just have to keep at it and eventually I hope they will succumb.... I even turned up at...
You're right
Just stick with it for now, I suppose. Sigh.
OhOh. Classic cash flow problem ...
... looks like they don't segregate their customer's money. Very poor practice in terms of fiduciary responsibility.
I suspect so as well.
Lesson learned. Sotheby’s or Christie's in the future.
Yes,
I had that same problem "twice". I discontinued using them about two years ago.
Is Antiquorum in real trouble?
On my calendar, I had left a note that they had a NY auction for April 27th. Now, listed for June. Also, the Geneva May 14 auction has no catalog and no preview date?
Wouldn't that be something if all the noise we made here
over the last 18 months had an effect on their bottom line?!
I would hope so
I do wish all those who lost either watches or money with them at least regained something, but I do have hope that a dishonest company like them be put out of business.
Two separate companies
Late reply - sorry, only just seen the thread. I believe there are now two completely separate companies called "Antiquorum". The Swiss and US sides have split. The Swiss company - responsible for the Geneva, Hong Kong and Monaco auctions - can be found a...
Yes
Because if you look at the .com website, there will be absolutely no mention of the Geneva auction. Whereas if you look at the .swiss website, all the details are there. Note that this is in spite of the .com website still representing itself as being res...
Nico's situation involved the New York and Hong Kong offices. This most recent situation involved Geneva.
So that's 3 offices, on 3 continents, that were very much involved in deplorable conduct.
I know, I know...
I thought they would be able to get a good price, but it's pointless if they don't pay. Such is life.
There is now yet ANOTHER Antiquorum horror story posted here...
For those like me who don't read all the brand forums, see this new post in the Lange Forum . It is about yet another Langematik Anniversary (not Nico's). It seems that PuristsPro enthusiasts continue to have bad experiences with this auction house. I hop...
I've never bought or sold anything as expensive as watches online.
And these horror stories will not convince me otherwise anytime soon!
Just read a new one...
in hodinkee...with all the experiences I see about this firm, I really wonder the legitimacy unless someone is willing to call Mr Putin ;-) have fun guys... Best, mahesh.,
