Post #466363 by little lost tiki on Thu, Jul 2, 2009 8:51 AM

On 2009-07-01 20:51, bananabobs wrote:
Do I still have $20.00 credit with you?

Dear bananabobs..
yes,you do.
Tho in most dealings with artists
they would require a 50% deposit (non-refundable) and a 3-month grace period to complete a sale
and turn it over to the artist....
Let's take for instance,this piece..

Let's say.... that a person put a $20 down payment for it at...
let's say...
a Damon's Tiki magazine release event in December,for instance...
First off, in a real world artistic transaction
a $20 down payment would hold it til the end of the event
where the patron would rush to the ATM and pick up the piece at the end of the show...
If it were a 50% down payment,said patron would be able to call dibs on the piece
and have 3-months to complete his/her purchase...
If said balance was not paid,the artist keeps the down payment and is able to
put the artwork back up for sale....
That's usually how it works!

The problem with these kind of transactions is that it takes the piece out of a "selling loop"
where it remains in limbo on the "couch of awaiting" near the door in the studio
awaiting shipping/pick up/etc...

Now, as the artwork sits,it also may increase or decrease in value,depending on the artist's present condition
which then means,said artist has a piece of artwork in flux,doing nothing but sitting on the "couch of awaiting"
and awaiting the patron
who may or may not still want the art...
(this happens a LOT in this business...)

Fortunately for you, Mr. bb,
while working on my time machine
i accidentally engaged the device
and flipped into a parallel dimension
where the above rules don't always have to apply...
As i try frantically to re-appear in this dimensional reality
week after week
your $20 is still safe...

But once i teleport back into this present space-time-dimensional reality
all deals are off!
and i will sell that piece at Oasis
for $20 MORE than the asking price at Damons
and cheerfully refund your money
as well as laugh loudly at your misfortune
:lol:

pm me man!
:)