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perspexorange  
#26 Posted : 14 October 2020 10:52:22(UTC)
perspexorange

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Originally Posted by: Debaser Go to Quoted Post

I'm with you on this one PO, just to make up for being grumpy with you recently



HaHa. Don't worry, I don't take these things personally. Smile

Getting obsessed over music does appear to be a 'mainly' male trait.
thanks 1 user thanked perspexorange for this useful post.
ROCKET MICK on 19/10/2020(UTC)
Johnny James  
#27 Posted : 14 October 2020 11:11:25(UTC)
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Originally Posted by: perspexorange Go to Quoted Post
Originally Posted by: Johnny James Go to Quoted Post
Originally Posted by: perspexorange Go to Quoted Post
Originally Posted by: Johnny James Go to Quoted Post
Don't forget the premium is around 25%, that's another 40k.


I think the £162k included the premium.



Nope, that's not how auctions work, it's an additional cost to the hammer price.



Oh, Ok. It's just that the webpage said "Sold for £ 162,562 inc. premium" so thought that it did.

Also, the first I heard about it was when someone who was watching the auction emailed to say it went for "£130k plus commission", which also made me think that a premium was included in the £162,562 price.

£130,000 hammer price
+ £32,500 (25%, as per your approximation)
= £162,500

Which is pretty close to the £162,562 figure.

Or have I completely misunderstood?


Fair enough if 130k was the hammer price, I haven't looked that closely. Usually people quote the hammer price not realising there's a big premium added to it.

thanks 1 user thanked Johnny James for this useful post.
ROCKET MICK on 19/10/2020(UTC)
perspexorange  
#28 Posted : 15 October 2020 03:37:14(UTC)
perspexorange

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Here's a little piece on the guitar, along with a clip of the auction.

thanks 2 users thanked perspexorange for this useful post.
Andy on 15/10/2020(UTC), ROCKET MICK on 19/10/2020(UTC)
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