Archive: Business & Technology

National Book Auctions, located in Ithaca, announced this month their exclusive Cash Advance Program, allowing new consigners to secure funds on their collection of books, ephemera, artwork or stamps in advance of the live auction. This new consigner Cash Advance Program is available on any qualified consignment and gives new consigners security for their material at the time of consignment.

“We are pleased to now offer cash advances to new consigners,” stated David Hall, company owner and Business Manager. “In working with these new consignments — with available cash advances, we are able to create and market more robust catalogs of collectible books and ephemera. Our consigners requested instant access to cash and we responded.”

By partnering with National Book Auctions, consigners will have access to the equity in their collection before the live auction. The exact amount of the advance is based on a percentage of the estimated value of a collection and is left to the discretion of National Book Auctions cataloging and research department.

v7i26