thomess
New Member
๐จ๏ธ 371
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October 2009
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Bloomsbury Auctions ๐ฌ๐ง, by thomess on Dec 3, 2014 16:53:24 GMT 1, 
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Bloomsbury Auctions ๐ฌ๐ง, by Ponyboy Curtis on Dec 3, 2014 16:54:10 GMT 1, ยฃ2400 on the Bambi
ยฃ2400 on the Bambi
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Bloomsbury Auctions ๐ฌ๐ง, by Deleted on Dec 3, 2014 16:56:41 GMT 1, These prices are all excluding VAT at 20% and hammer fee at 26%.... makes a big addition to final cost
These prices are all excluding VAT at 20% and hammer fee at 26%.... makes a big addition to final cost Do the "artist resale rights" 4% apply as well? |
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Bloomsbury Auctions ๐ฌ๐ง, by Deleted on Dec 3, 2014 16:57:13 GMT 1, ยฃ3200 for Golf Sale. Hammer price. ยฃ6000 for Barcode ยฃ2200 for IFTL ยฃ4800 for Laugh Now ยฃ5500 for CND (signed) Seems OK! ยฃ6000 for Jack and Jill (Signed) ยฃ14000 Pulp Fiction AP Signed ยฃ6000 Love is in the Air ยฃ11000 for Soup x 4 Signed ยฃ4000 for Toxic Mary! ยฃ3200 for CND ยฃ4500 for Love Rat - They be mental. ยฃ2600 for Grannies - Comparative bargin tbf. ยฃ3800 for Applause - Say what? ยฃ13000 for CYW Purple Signed Oh my days. 
ยฃ3200 for Golf Sale. Hammer price. ยฃ6000 for Barcode ยฃ2200 for IFTL ยฃ4800 for Laugh Now ยฃ5500 for CND (signed) Seems OK! ยฃ6000 for Jack and Jill (Signed) ยฃ14000 Pulp Fiction AP Signed ยฃ6000 Love is in the Air ยฃ11000 for Soup x 4 Signed ยฃ4000 for Toxic Mary! ยฃ3200 for CND ยฃ4500 for Love Rat - They be mental. ยฃ2600 for Grannies - Comparative bargin tbf. ยฃ3800 for Applause - Say what? ยฃ13000 for CYW Purple Signed Oh my days. Love that Applause, but now it has flown away with the rest. |
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Boyle44
New Member
๐จ๏ธ 816
๐๐ป 288
February 2014
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Bloomsbury Auctions ๐ฌ๐ง, by Boyle44 on Dec 3, 2014 17:02:28 GMT 1, thought you guys might like to see this: Lot 147. Banksy (b.1974), Golf Sale in good condition; framed Lot 148. Banksy (b.1974), Barcode in very good condition, apart from one small barely visible soft handling crease to the lower centre edge of the sheet; framed Lot 149. Banksy (b.1974), I Fought The Law in good condition; framed Lot 150. Banksy (b.1974), Laugh Now in very good condition, the sheet slightly attached with spray mount verso; four short barely noticeable creases to the extreme upper edge of the sheet approximately 8mm each; framed Lot 151. Banksy (b.1974), CND Soldiers in fine fresh condition, apart from an extremely tiny nick to the upper left edge of the sheet barely noticeable; unframed Lot 152. Banksy (b.1974), Jack & Jill in fine fresh condition, colours bright, corners sharp; unframed Lot 153. Banksy (b.1974) - Pulp Fiction A/P in good condition, apart from a few very soft handling creases only visible under a raking light; a 1cm crease at Samuel L. Jacksonโs lapel, barely noticeable; framed. Lot 154. Banksy (b.1974), Love Is In The Air in good condition; framed Lot 155. Banksy (b.1974), Soup Can (Quad) in fine fresh condition; framed Lot 156. Banksy (b.1974), Toxic Mary in very good condition; framed Lot 157. Banksy (b.1974), CND in very good condition, apart from one barely visible soft handling crease to the upper left corner; unframed Lot 158. Banksy (b.1974), Love Rat in good condition; framed Lot 159. Banksy (b.1974), Grannies in very good condition, apart from a few very faint soft handling creases, only visible under raking light, previous mounting tape remains verso, which can be easily removed; unframed Lot 160. Banksy (b.1974), Applause in good condition; framed Lot 161. Banksy (b.1974) - Choose Your Weapon (Bright Purple) in fine, fresh condition, apart from one extremely soft crease at upper left corner only visible verso, a very small area of skinning at upper right corner verso, not affect recto; unframed
So these aren't even all mint and they hit these prices ...... Wow . Definately not letting any of mine go anytime soon .
thought you guys might like to see this: Lot 147. Banksy (b.1974), Golf Sale in good condition; framed Lot 148. Banksy (b.1974), Barcode in very good condition, apart from one small barely visible soft handling crease to the lower centre edge of the sheet; framed Lot 149. Banksy (b.1974), I Fought The Law in good condition; framed Lot 150. Banksy (b.1974), Laugh Now in very good condition, the sheet slightly attached with spray mount verso; four short barely noticeable creases to the extreme upper edge of the sheet approximately 8mm each; framed Lot 151. Banksy (b.1974), CND Soldiers in fine fresh condition, apart from an extremely tiny nick to the upper left edge of the sheet barely noticeable; unframed Lot 152. Banksy (b.1974), Jack & Jill in fine fresh condition, colours bright, corners sharp; unframed Lot 153. Banksy (b.1974) - Pulp Fiction A/P in good condition, apart from a few very soft handling creases only visible under a raking light; a 1cm crease at Samuel L. Jacksonโs lapel, barely noticeable; framed. Lot 154. Banksy (b.1974), Love Is In The Air in good condition; framed Lot 155. Banksy (b.1974), Soup Can (Quad) in fine fresh condition; framed Lot 156. Banksy (b.1974), Toxic Mary in very good condition; framed Lot 157. Banksy (b.1974), CND in very good condition, apart from one barely visible soft handling crease to the upper left corner; unframed Lot 158. Banksy (b.1974), Love Rat in good condition; framed Lot 159. Banksy (b.1974), Grannies in very good condition, apart from a few very faint soft handling creases, only visible under raking light, previous mounting tape remains verso, which can be easily removed; unframed Lot 160. Banksy (b.1974), Applause in good condition; framed Lot 161. Banksy (b.1974) - Choose Your Weapon (Bright Purple) in fine, fresh condition, apart from one extremely soft crease at upper left corner only visible verso, a very small area of skinning at upper right corner verso, not affect recto; unframed So these aren't even all mint and they hit these prices ...... Wow . Definately not letting any of mine go anytime soon . |
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Hubble Bubble
Junior Member
๐จ๏ธ 4,116
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December 2010
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Bloomsbury Auctions ๐ฌ๐ง, by Hubble Bubble on Dec 3, 2014 17:07:52 GMT 1, These prices are all excluding VAT at 20% and hammer fee at 26%.... makes a big addition to final cost
Not quite right. Only the hammer fee attracts VAT . Hammer price doesn't.
These prices are all excluding VAT at 20% and hammer fee at 26%.... makes a big addition to final cost Not quite right. Only the hammer fee attracts VAT . Hammer price doesn't. |
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Hubble Bubble
Junior Member
๐จ๏ธ 4,116
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December 2010
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Bloomsbury Auctions ๐ฌ๐ง, by Hubble Bubble on Dec 3, 2014 17:08:49 GMT 1, thought you guys might like to see this: Lot 147. Banksy (b.1974), Golf Sale in good condition; framed Lot 148. Banksy (b.1974), Barcode in very good condition, apart from one small barely visible soft handling crease to the lower centre edge of the sheet; framed Lot 149. Banksy (b.1974), I Fought The Law in good condition; framed Lot 150. Banksy (b.1974), Laugh Now in very good condition, the sheet slightly attached with spray mount verso; four short barely noticeable creases to the extreme upper edge of the sheet approximately 8mm each; framed Lot 151. Banksy (b.1974), CND Soldiers in fine fresh condition, apart from an extremely tiny nick to the upper left edge of the sheet barely noticeable; unframed Lot 152. Banksy (b.1974), Jack & Jill in fine fresh condition, colours bright, corners sharp; unframed Lot 153. Banksy (b.1974) - Pulp Fiction A/P in good condition, apart from a few very soft handling creases only visible under a raking light; a 1cm crease at Samuel L. Jacksonโs lapel, barely noticeable; framed. Lot 154. Banksy (b.1974), Love Is In The Air in good condition; framed Lot 155. Banksy (b.1974), Soup Can (Quad) in fine fresh condition; framed Lot 156. Banksy (b.1974), Toxic Mary in very good condition; framed Lot 157. Banksy (b.1974), CND in very good condition, apart from one barely visible soft handling crease to the upper left corner; unframed Lot 158. Banksy (b.1974), Love Rat in good condition; framed Lot 159. Banksy (b.1974), Grannies in very good condition, apart from a few very faint soft handling creases, only visible under raking light, previous mounting tape remains verso, which can be easily removed; unframed Lot 160. Banksy (b.1974), Applause in good condition; framed Lot 161. Banksy (b.1974) - Choose Your Weapon (Bright Purple) in fine, fresh condition, apart from one extremely soft crease at upper left corner only visible verso, a very small area of skinning at upper right corner verso, not affect recto; unframed So these aren't even all mint and they hit these prices ...... Wow . Definately not letting any of mine go anytime soon .
Which is why prices go up 
thought you guys might like to see this: Lot 147. Banksy (b.1974), Golf Sale in good condition; framed Lot 148. Banksy (b.1974), Barcode in very good condition, apart from one small barely visible soft handling crease to the lower centre edge of the sheet; framed Lot 149. Banksy (b.1974), I Fought The Law in good condition; framed Lot 150. Banksy (b.1974), Laugh Now in very good condition, the sheet slightly attached with spray mount verso; four short barely noticeable creases to the extreme upper edge of the sheet approximately 8mm each; framed Lot 151. Banksy (b.1974), CND Soldiers in fine fresh condition, apart from an extremely tiny nick to the upper left edge of the sheet barely noticeable; unframed Lot 152. Banksy (b.1974), Jack & Jill in fine fresh condition, colours bright, corners sharp; unframed Lot 153. Banksy (b.1974) - Pulp Fiction A/P in good condition, apart from a few very soft handling creases only visible under a raking light; a 1cm crease at Samuel L. Jacksonโs lapel, barely noticeable; framed. Lot 154. Banksy (b.1974), Love Is In The Air in good condition; framed Lot 155. Banksy (b.1974), Soup Can (Quad) in fine fresh condition; framed Lot 156. Banksy (b.1974), Toxic Mary in very good condition; framed Lot 157. Banksy (b.1974), CND in very good condition, apart from one barely visible soft handling crease to the upper left corner; unframed Lot 158. Banksy (b.1974), Love Rat in good condition; framed Lot 159. Banksy (b.1974), Grannies in very good condition, apart from a few very faint soft handling creases, only visible under raking light, previous mounting tape remains verso, which can be easily removed; unframed Lot 160. Banksy (b.1974), Applause in good condition; framed Lot 161. Banksy (b.1974) - Choose Your Weapon (Bright Purple) in fine, fresh condition, apart from one extremely soft crease at upper left corner only visible verso, a very small area of skinning at upper right corner verso, not affect recto; unframed So these aren't even all mint and they hit these prices ...... Wow . Definately not letting any of mine go anytime soon . Which is why prices go up |
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Harveyn
Full Member
๐จ๏ธ 7,743
๐๐ป 4,899
July 2007
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Bloomsbury Auctions ๐ฌ๐ง, by Harveyn on Dec 3, 2014 17:11:23 GMT 1, These prices are all excluding VAT at 20% and hammer fee at 26%.... makes a big addition to final cost Wow that really does show a significant movement.
I presume the 20% is applied to the hammer price plus fees?
These prices are all excluding VAT at 20% and hammer fee at 26%.... makes a big addition to final cost Wow that really does show a significant movement.
I presume the 20% is applied to the hammer price plus fees?
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Boyle44
New Member
๐จ๏ธ 816
๐๐ป 288
February 2014
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Bloomsbury Auctions ๐ฌ๐ง, by Boyle44 on Dec 3, 2014 17:15:03 GMT 1, I think it says online in total its 28.8 % on top of hammer price .
I think it says online in total its 28.8 % on top of hammer price .
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JAlternatiรณn
Junior Member
๐จ๏ธ 1,269
๐๐ป 965
December 2011
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Bloomsbury Auctions ๐ฌ๐ง, by JAlternatiรณn on Dec 3, 2014 17:19:56 GMT 1, These prices are all excluding VAT at 20% and hammer fee at 26%.... makes a big addition to final cost Not quite right. Only the hammer fee attracts VAT . Hammer price doesn't.
These prices are all excluding VAT at 20% and hammer fee at 26%.... makes a big addition to final cost Not quite right. Only the hammer fee attracts VAT . Hammer price doesn't. Ah, my mistake... was trying to very quickly read terms and conditions as was tempted by one or 2 prices |
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Bloomsbury Auctions ๐ฌ๐ง, by Deleted on Dec 3, 2014 17:20:22 GMT 1, Did any of the Banksy's fly or did they sell within estimates?
Did any of the Banksy's fly or did they sell within estimates?
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Boyle44
New Member
๐จ๏ธ 816
๐๐ป 288
February 2014
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Bloomsbury Auctions ๐ฌ๐ง, by Boyle44 on Dec 3, 2014 17:24:04 GMT 1, So 4800 + 28.8 % for a laugh now that's a bit stuck to mount and has creases ......
So 4800 + 28.8 % for a laugh now that's a bit stuck to mount and has creases ......
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Bloomsbury Auctions ๐ฌ๐ง, by Deleted on Dec 3, 2014 17:29:26 GMT 1, So the sale room makes money from the buyer and the seller
So the sale room makes money from the buyer and the seller
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Poster Bob
Junior Member
๐จ๏ธ 5,891
๐๐ป 5,524
September 2013
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Bloomsbury Auctions ๐ฌ๐ง, by Poster Bob on Dec 3, 2014 17:34:40 GMT 1, So the sale room makes money from the buyer and the seller
So the sale room makes money from the buyer and the seller I just took a quick look and it appears as if they charge sellers 15% if they have their own insurance, 16.5% if they don't. |
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Bloomsbury Auctions ๐ฌ๐ง, by Deleted on Dec 3, 2014 17:38:48 GMT 1, auction houses are raking it in.
auction houses are raking it in.
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Harveyn
Full Member
๐จ๏ธ 7,743
๐๐ป 4,899
July 2007
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Bloomsbury Auctions ๐ฌ๐ง, by Harveyn on Dec 3, 2014 17:39:43 GMT 1, The prices paid by the buyers with 28.8% fees seem very high on certain works, if not all.
Golf Sale ยฃ4,121 Barcode ยฃ7,728 I Fought The Law ยฃ2,833
Laugh Now ยฃ6,182
CND (signed) ยฃ7,084
Jack and Jill (Signed) ยฃ7,728
Pulp Fiction AP (Signed) ยฃ18,032
Love is in the Air ยฃ7,728
Soup x 4 (Signed) ยฃ14,168
Toxic Mary ยฃ5,152
CND ยฃ4,121
Love Rat ยฃ5,796
Grannies ยฃ3,348
Applause ยฃ4,894
CYW Purple (Signed) ยฃ16,744
The prices paid by the buyers with 28.8% fees seem very high on certain works, if not all.
Golf Sale ยฃ4,121 Barcode ยฃ7,728 I Fought The Law ยฃ2,833
Laugh Now ยฃ6,182
CND (signed) ยฃ7,084
Jack and Jill (Signed) ยฃ7,728
Pulp Fiction AP (Signed) ยฃ18,032
Love is in the Air ยฃ7,728
Soup x 4 (Signed) ยฃ14,168
Toxic Mary ยฃ5,152
CND ยฃ4,121
Love Rat ยฃ5,796
Grannies ยฃ3,348
Applause ยฃ4,894
CYW Purple (Signed) ยฃ16,744
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Nick
Junior Member
๐จ๏ธ 1,562
๐๐ป 1,630
January 2014
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Bloomsbury Auctions ๐ฌ๐ง, by Nick on Dec 3, 2014 17:51:16 GMT 1, IFTL and Grannies are touching base, all others are in excess to what i would deem market value. (except PF, AP, wher i have no clue on price) The seller has done well, the auction house is the real winner...
IFTL and Grannies are touching base, all others are in excess to what i would deem market value. (except PF, AP, wher i have no clue on price) The seller has done well, the auction house is the real winner...
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Hubble Bubble
Junior Member
๐จ๏ธ 4,116
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December 2010
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Bloomsbury Auctions ๐ฌ๐ง, by Hubble Bubble on Dec 3, 2014 17:56:56 GMT 1, So the sale room makes money from the buyer and the seller
So the sale room makes money from the buyer and the seller Yeah, that's standard to be honestโฆ not just Bloomsbury. They'll always be open to negotiation though. I mean, if you're going to them to sell a crude oil they'll be very flexible on the selling fee. |
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Bloomsbury Auctions ๐ฌ๐ง, by Deleted on Dec 3, 2014 18:00:26 GMT 1, So the sale room makes money from the buyer and the seller Yeah, that's standard to be honestโฆ not just Bloomsbury. They'll always be open to negotiation though. I mean, if you're going to them to sell a crude oil they'll be very flexible on the selling fee.
I understand how it works and the higher the price the less the commission fee.
I know dealers/s who make deals with sale rooms all the time.
So the sale room makes money from the buyer and the seller Yeah, that's standard to be honestโฆ not just Bloomsbury. They'll always be open to negotiation though. I mean, if you're going to them to sell a crude oil they'll be very flexible on the selling fee.
I understand how it works and the higher the price the less the commission fee.
I know dealers/s who make deals with sale rooms all the time.
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Bloomsbury Auctions ๐ฌ๐ง, by Deleted on Dec 3, 2014 18:04:14 GMT 1, Bambi 2.4K
I'm cynical, it's not as if someone as wealthy as Bambi or other rich person couldn't push up auction sale prices in theory.
JPS is more street and better known than Bambi outside Chelsea or is it leftie Islington ? yet doubt a JPS print would sell for that price.
Some prints unsold by various artists which is OK to see.
Hirst unsold and others, so is it because investors wen't for the Banksy's?
Bambi 2.4K
I'm cynical, it's not as if someone as wealthy as Bambi or other rich person couldn't push up auction sale prices in theory.
JPS is more street and better known than Bambi outside Chelsea or is it leftie Islington ? yet doubt a JPS print would sell for that price.
Some prints unsold by various artists which is OK to see.
Hirst unsold and others, so is it because investors wen't for the Banksy's?
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Hubble Bubble
Junior Member
๐จ๏ธ 4,116
๐๐ป 3,566
December 2010
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Bloomsbury Auctions ๐ฌ๐ง, by Hubble Bubble on Dec 3, 2014 18:06:12 GMT 1, Yeah, that's standard to be honestโฆ not just Bloomsbury. They'll always be open to negotiation though. I mean, if you're going to them to sell a crude oil they'll be very flexible on the selling fee.
I understand how it works and the higher the price the less the commission fee.
I know dealers/s who make deals with sale rooms all the time.
Yeah, that's standard to be honestโฆ not just Bloomsbury. They'll always be open to negotiation though. I mean, if you're going to them to sell a crude oil they'll be very flexible on the selling fee.
I understand how it works and the higher the price the less the commission fee.
I know dealers/s who make deals with sale rooms all the time.
Sureโฆ I figured you would know how it works. Wasn't for a minute taking you for a noob, just continuing the process (that I figured you started) of spelling out the auction process for folk who might not know. |
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Boyle44
New Member
๐จ๏ธ 816
๐๐ป 288
February 2014
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Bloomsbury Auctions ๐ฌ๐ง, by Boyle44 on Dec 3, 2014 18:06:15 GMT 1, The prices paid by the buyers with 28.8% fees seem very high on certain works, if not all.
Golf Sale ยฃ4,121 Barcode ยฃ7,728 I Fought The Law ยฃ2,833
Laugh Now ยฃ6,182
CND (signed)ย ยฃ7,084
Jack and Jill (Signed) ยฃ7,728ย
Pulp Fiction AP (Signed) ยฃ18,032
Love is in the Air ยฃ7,728
Soup x 4 (Signed) ยฃ14,168
Toxic Mary ยฃ5,152
CND ยฃ4,121
Love Ratย ยฃ5,796
Granniesย ยฃ3,348
Applauseย ยฃ4,894
CYW Purple (Signed) ยฃ16,744ย
The power of banksy lol
The prices paid by the buyers with 28.8% fees seem very high on certain works, if not all.
Golf Sale ยฃ4,121 Barcode ยฃ7,728 I Fought The Law ยฃ2,833
Laugh Now ยฃ6,182
CND (signed)ย ยฃ7,084
Jack and Jill (Signed) ยฃ7,728ย
Pulp Fiction AP (Signed) ยฃ18,032
Love is in the Air ยฃ7,728
Soup x 4 (Signed) ยฃ14,168
Toxic Mary ยฃ5,152
CND ยฃ4,121
Love Ratย ยฃ5,796
Granniesย ยฃ3,348
Applauseย ยฃ4,894
CYW Purple (Signed) ยฃ16,744ย
The power of banksy lol |
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Hubble Bubble
Junior Member
๐จ๏ธ 4,116
๐๐ป 3,566
December 2010
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Bloomsbury Auctions ๐ฌ๐ง, by Hubble Bubble on Dec 3, 2014 18:07:32 GMT 1, **boyle44 rubs hands and emits a 'mwha ha ha' evil villain laugh
**boyle44 rubs hands and emits a 'mwha ha ha' evil villain laugh
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Boyle44
New Member
๐จ๏ธ 816
๐๐ป 288
February 2014
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Bloomsbury Auctions ๐ฌ๐ง, by Boyle44 on Dec 3, 2014 18:09:12 GMT 1, **boyle44 rubs hands and emits a 'mwha ha ha' evil villain laugh
Haha
**boyle44 rubs hands and emits a 'mwha ha ha' evil villain laugh Haha |
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Hubble Bubble
Junior Member
๐จ๏ธ 4,116
๐๐ป 3,566
December 2010
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Bloomsbury Auctions ๐ฌ๐ง, by Hubble Bubble on Dec 3, 2014 18:09:47 GMT 1, *don't worry, hubblebubble is doing the same thingโฆ as for Harveynโฆ he's had to have a lie down
*don't worry, hubblebubble is doing the same thingโฆ as for Harveynโฆ he's had to have a lie down |
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Bloomsbury Auctions ๐ฌ๐ง, by Deleted on Dec 3, 2014 18:11:30 GMT 1,
I understand how it works and the higher the price the less the commission fee.
I know dealers/s who make deals with sale rooms all the time.
Sureโฆ I figured you would know how it works. Wasn't for a minute taking you for a noob, just continuing the process (that I figured you started) of spelling out the auction process for folk who might not know. I can be quite a noob sometimes
they make the big money from lots of smaller value lots raking in fees.
I don't know about the USA but UK auction houses can be very odd and lacking real expertise.
I understand how it works and the higher the price the less the commission fee.
I know dealers/s who make deals with sale rooms all the time.
Sureโฆ I figured you would know how it works. Wasn't for a minute taking you for a noob, just continuing the process (that I figured you started) of spelling out the auction process for folk who might not know. I can be quite a noob sometimes
they make the big money from lots of smaller value lots raking in fees.
I don't know about the USA but UK auction houses can be very odd and lacking real expertise.
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cmodart
Junior Member
๐จ๏ธ 1,568
๐๐ป 1,864
March 2014
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Bloomsbury Auctions ๐ฌ๐ง, by cmodart on Dec 4, 2014 2:15:18 GMT 1, I put in lots of bids and got beat to death. Really strong prices. The Richter clouds got away from me too. I just quit after a while because clearly the room was on fire. Made me feel better about paying a lot for a LR recently tho 
I put in lots of bids and got beat to death. Really strong prices. The Richter clouds got away from me too. I just quit after a while because clearly the room was on fire. Made me feel better about paying a lot for a LR recently tho |
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Bloomsbury Auctions ๐ฌ๐ง, by Deleted on Dec 4, 2014 19:02:56 GMT 1, dang, those prices are not low.
dang, those prices are not low.
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Bloomsbury Auctions ๐ฌ๐ง, by Deleted on Dec 5, 2014 3:21:01 GMT 1, that said, feeling muuuuch better about what i paid for my TM in september (although I'm assuming that sale price is a one-off since it's about 1000GBP above anything i've seen).
that said, feeling muuuuch better about what i paid for my TM in september (although I'm assuming that sale price is a one-off since it's about 1000GBP above anything i've seen).
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Hubble Bubble
Junior Member
๐จ๏ธ 4,116
๐๐ป 3,566
December 2010
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Bloomsbury Auctions ๐ฌ๐ง, by Hubble Bubble on Dec 5, 2014 10:38:18 GMT 1, I think it says online in total its 28.8 % on top of hammer price .
Hammer price + 25% +4% + 5% (25% of hammer price x 20%)
which equals
Hammer price + 34%
So if I bid ยฃ10k, I'd be paying ยฃ13,400
based on:
Hammer price ยฃ10,000
Buyer's Fee: ยฃ 2,500 (25% of hammer price)
Artist Resale: ยฃ 400 (4% of hammer price)
VAT: ยฃ 500 (20% of Buyer's fee)
Total due: ยฃ13,400
Make sense so far?
So, if I have a maximum I can pay of ยฃ10,000, I need to limit my hammer price to
ยฃ10,000 divided by 134 multiplied by 100 which comes to ยฃ7,462.69
Let me know if I've messed up anywhere
Jaysusโฆ sometimes galleries have their allure.
I think it says online in total its 28.8 % on top of hammer price . Can someone confirm that I'm thinking straightโฆ Am thinking of bidding at auction for a piece. Hammer price buyer's fee (at the auction concerned ) is 25%, Artist resale rights are 4% of Hammer price. VAT at 20% is due on the buyer's fee but not the Artist resale element. So I make this a total of: Hammer price + 25% +4% + 5% (25% of hammer price x 20%) which equals Hammer price + 34% So if I bid ยฃ10k, I'd be paying ยฃ13,400 based on: Hammer price ยฃ10,000 Buyer's Fee: ยฃ 2,500 (25% of hammer price)
Artist Resale: ยฃ 400 (4% of hammer price) VAT: ยฃ 500 (20% of Buyer's fee)
Total due: ยฃ13,400
Make sense so far?
So, if I have a maximum I can pay of ยฃ10,000, I need to limit my hammer price to ยฃ10,000 divided by 134 multiplied by 100 which comes to ยฃ7,462.69 Let me know if I've messed up anywhere Jaysusโฆ sometimes galleries have their allure.
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