[Jewelry making - Article 00149] - Re: [Orchid] Consignment Advice

[will]

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    Hi, I have had only two problems (so far) with consignment art in our
    gallery. One of our artists (A) traded several of his pieces for
    another artist's (B) work. The values were equivelant, but, when it
    came time to pay artist (B), what a mess. Tax and cash, who was going
    to pay? ME! Ideally, a patron will buy artists (A)'s work. The second
    problem deals with returns after the artist has been paid. In the one
    case this happened to me. A close friend bought a piece, I paid the
    artist, then the friend returned the piece (she traded up which was
    O.K.).  Pieces that move quickly are not a problem, so the issue then
    is: How much money do I tie-up in inventory? Especially when operating
    on a tight budget. I  now have a separate return and trade policy for
    consignment art? I am still working out the bugs. 



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