Consignment Furniture, Art, Antiques

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Open for Consignment. Old Bobs is re-inventing art and history…

Sealer/Stain/ 99% UV Protection

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Penofin – The World’s Finest Wood Finish

Penofin makes a complete line of interior and exterior finishes.
The Penofin products were all designed with quality in mind and
contain the finest ingredients.

Click on this link to acess the Penofin website24165_389625059680_202461244680_3732551_5661935_n

Consignment is the act of consigning, the act of giving over to another person or agent’s charge, custody or care any material or goods but retaining legal ownership until the material or goods are sold. That may be done for the purpose of shipping the goods, transferring the goods to auction or intending the goods to be placed on sale in a store.

The verb “consign” means “to send” and therefore the noun “consignment” means “sending goods to another person”. In the case of “retail consignment” or “sales consignment.” Goods are sent to the agent for the purpose of sale. The ownership of these goods remains with the sender. The agent sells the goods on behalf of the sender according to instructions. The sender of goods is known as the “consignor” and the agent entrusted with the custody and care of the goods is known as the “consignee“.

  • The relation between the two parties is that of consignor and consignee, not that of buyer and seller
  • The consignor is entitled to receive all the expenses in connection with consignment
  • The consignee is not responsible for damage of goods during transport or any other procedure
  • Goods are sold at the risk of the consignor with profit or loss belonging to the consignor only

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