Consignments & auctions

Custody, ownership, and proceeds stay distinct.

Receive coins from consignors, send inventory to auction, record item-level results, create the right obligations, and reconcile remittance without flattening held stock into owned inventory.

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INInbound held inventory

OUTAuction custody

$Item-level settlement

01Receive

Hold the coin without pretending you own it.

Bring consignor inventory into the operating catalog with explicit ownership, commercial terms, source evidence, and a custody state distinct from dealer-owned stock.

Consignor intake

Receive items from a saved contact with images, descriptions, quantities, agreed values, notes, and durable source links.

Held ownership

Keep consignor-owned inventory out of owned-value and paper-profit totals while it remains available for permitted workflows.

Terms snapshot

Preserve the inbound term type, dealer rate or flat fee, and cost-reimbursement terms on the item relationship that used them.

Accept or return

Move a reviewed received-memo line into consignment or return it without losing the original intake decision.

02Place

Send inventory out with a custody trail.

Outbound consignments claim eligible inventory, document where it went, and block incompatible desk actions until a result or return is recorded.

Auction-house record

Capture the auction house and contact, sale, auction, and return dates, declared value, lot number, seller commission, fees, and notes.

Mixed ownership support

Send owned, split-partner, or permitted held inventory while retaining the economics each item requires.

Workflow-owned custody

Mark exact items at consignment and prevent duplicate memo, invoice, grading, or trip claims.

Durable outputs

Produce the internal print, PDF, email, and CSV records that support the outbound handoff.

03Settle

Reconcile the result all the way back to ownership.

Auction outcomes create sale, return, obligation, commission, fee, and remittance evidence from the item-level result instead of a detached total.

Item-level results

Record hammer, seller commission, fees, net proceeds, sold status, and return outcomes for each item.

Consignor and partner obligations

Create the exact payable implied by snapshotted ownership and commercial terms.

Remittance reconciliation

Track what the auction house owes, what arrived, and what remains open without double-counting proceeds.

Reasoned correction

Correct eligible outcomes with actor, reason, before-and-after values, and restored inventory state.

Next: show travel

Take accountable inventory on the road.

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