View Full Version : Auction of quality HIFI on the 12th
gwernaffield
08-12-2017, 15:37
Hi all i just thought members may be interested in the following auction on the 12/12/ www.bellmans.co.uk under the toy auction pages 20 to 24, there is a lot of quality HIFi for sale,
Please note the fees charged ,
also AOS has nothing to do with the above site ,
The auction is in winchester , you can arrange to have stuff picked up by mailboxes, this is a proper auction and not an eBay one , and normaly only dealers will know about this auction ,
included in the auction , 2 gyro decks , kora tube amps, sme 1V and 309 , 3009 , quad amps, leak amps, and lot more ,leave the Keith monks it is mine all mine lol
Loads of lovely stuff, Radfords, Garrards, Luxman, vintage Maggies, even an SP10. Well worth a look, the hi-fi starts here: https://www.bellmans.co.uk/sales/winchester-sales/wdec2017/?page=21
gwernaffield
08-12-2017, 16:08
yes i no it is in the wrong auction , hence no reserve and no guide prices, the auction is for some ones estate , i have spoken to them and they dont no any pricesas it is just the toys they normanally deal with , so i did not want it to go all to dealers, you can bid on the day or leave a bid on their site, or use thesaleroom.com to live bid , but the fees are higher , please note this is a proper auction and the final bid will have a fee added , i have noting to do with this , it is a true buyer beware Auction , no paypal ,just cash and credit cards,
Yes, nice one Peter. There is a lot of quality kit there that is worth a punt.
im in!
cheers for the link :)
Beobloke
08-12-2017, 16:24
Mrs. B and I are shopping in Winchester tomorrow, so I shall be popping along to have a look round. :eyebrows:
In the spirit of good karma, I might even tell them that the platter that is clearly missing from the Dual CS-5000 in Lot 556 can be found in Lot 613!
gwernaffield
08-12-2017, 16:59
Hi Adam if you get chance can you let us no how you got on , cheers
Mikeandvan
08-12-2017, 21:13
I'm down the road in Brighton, but you gotta remember, 22% buyers premium, 20 % VAT, that's 42% on top of whatever you bid, for sold unseen, don't think I'll bother.
DiveDeepDog
08-12-2017, 21:20
Just had a quick read of the terms, sellers pay 15% + Vat + £5, buyers pay 20% + Vat.
And we complain about eBay !!
Unless I've missed something, aren't they collecting VAT twice, or is it + vat on their fees?
gwernaffield
08-12-2017, 21:43
i think you will find the vat is in the fee , it normaly works out about 20% , all in , but as i said at the begining this is not a ebay auction if you can buy a sme 4 arms for the price of one and pay the 20% is that a good deal , ? or is it just the dealers that dont complane and then add afurther 50% on top of what thye have paid,The buyer's premium is 22% (26.4% including VAT) if the item has a (*) there is vat added , so you have to watch out for the star on the lot you are bidding on ,
5. VAT. (*) indicates that VAT is payable by the purchaser at the standard rate (presently 20%) on the hammer price as well as being an element in the buyer’s premium. This imposition of VAT is likely to be because the seller is registered for VAT within the European Union and is not operating the Dealers Margin Scheme or because VAT is due at 20% on importation into the UK. The double symbol (**) indicates that the lot has been imported from outside the European Union and the present position is that these lots are liable to a reduced rate of VAT (5%) on the gross lot price (i.e. both the hammer price and the buyer’s premium).Lots which appear without either of the above symbols indicate that no VAT is payable on the hammer price. This is because such lots are sold using the Auctioneers’ Margin Scheme and it should be noted that the VAT included within the Premium is not recoverable as input tax.
Mikeandvan
08-12-2017, 21:58
Thought 42% was a tad high! Still, the internet has killed local auctions with specialist lots like this, no bargains to be had anymore, not worth the hassle.
gwernaffield
08-12-2017, 21:59
well it is easy to say it is 42% and then no one will bid,
Best that SP10 goes for a few hundred though.
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i think you will find the vat is in the fee , it normaly works out about 20% , all in , but as i said at the begining this is not a ebay auction if you can buy a sme 4 arms for the price of one and pay the 20% is that a good deal , ? or is it just the dealers that dont complane and then add afurther 50% on top of what thye have paid,The buyer's premium is 22% (26.4% including VAT) if the item has a (*) there is vat added , so you have to watch out for the star on the lot you are bidding on ,
5. VAT. (*) indicates that VAT is payable by the purchaser at the standard rate (presently 20%) on the hammer price as well as being an element in the buyer’s premium. This imposition of VAT is likely to be because the seller is registered for VAT within the European Union and is not operating the Dealers Margin Scheme or because VAT is due at 20% on importation into the UK. The double symbol (**) indicates that the lot has been imported from outside the European Union and the present position is that these lots are liable to a reduced rate of VAT (5%) on the gross lot price (i.e. both the hammer price and the buyer’s premium).Lots which appear without either of the above symbols indicate that no VAT is payable on the hammer price. This is because such lots are sold using the Auctioneers’ Margin Scheme and it should be noted that the VAT included within the Premium is not recoverable as input tax.
So on a £100 hammer* price you pay £26.40 premium (inc vat) plus £20 VAT on hammer price =£146.40p ouch!
gwernaffield
09-12-2017, 16:58
you have read that wrong , the hammer price is 100 than add the 26% i.e £126 , vat is only added if the rule 5 applies, (*)
farflungstar
09-12-2017, 17:06
What I don't like is that none have been tested and are sold as seen. If I was in the area and not in Spain I might have a look in and maybe try my luck.
gwernaffield
09-12-2017, 17:23
well i am 250miles away , and will be biding , you have to set what you are willing to pay including the buyers fee which includes the vat , vat is only added if the sale is something to do with a dealer hence rule 5,
it is a proper auction sold as seen and not a ebay one ,but i can guess most of it will end up on ebay ,via dealer ,
this is nothing new,this is how auctions have been working for hundreds of years.
walpurgis
09-12-2017, 17:28
They have one item I'd be interested in. And it's not Hi-Fi!
Some yummy stuff there ...
Looking forward to driving to pick up my loot - if I win any. :scratch: :cool:
gwernaffield
11-12-2017, 16:58
LP 12 for sale at another auction on the 15/12/17
https://www.the-saleroom.com/en-gb/auction-catalogues/cuttlestones/catalogue-id-cuttle10139/lot-2e520aed-29c7-4600-8e2c-a84200e865c6
Just checked out the prices those items at Bellman's went for:stalks:
SP10 in obsidian plinth, Sony arm £1400
Two Quad 11 amps £780
Garrard grease bearing 301 with possibly knackered bearing £1900
Michel gyrodeck with SME 309 £1500
No electrical or mechanical condition reports, sold as seen. I hope these prices include the auctioneers commission and VAT!
Just checked out the prices those items at Bellman's went for:stalks:
SP10 in obsidian plinth, Sony arm £1400
Two Quad 11 amps £780
Garrard grease bearing 301 with possibly knackered bearing £1900
Michel gyrodeck with SME 309 £1500
No electrical or mechanical condition reports, sold as seen. I hope these prices include the auctioneers commission and VAT!I bid on several items but did not 'win' any. Was near the Mags but was beat. Would love to have had the Kora items.
The auction fees (with vat calculated on their fees) are in addition to the hammer price.
Seems there quite a lot of people in the room bidding but live Internet bidders mostly won the items. Commission bidders hardly stood a chance.
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Beobloke
12-12-2017, 18:21
I hope these prices include the auctioneers commission and VAT!
They don't! And there was nothing wrong with the Garrard's bearing, from what I could tell.
Well, I didn't win any of the six items i bid on. I blame the bloke who blabbed the auction details all over the internet...;):D
walpurgis
12-12-2017, 18:27
The only gear I might have been interested in was VTL power amplifiers. But I decided not to get involved.
Prices definitely on the high side. The only bargain I could see was a Tandberg 3000 r to r that went for £70. Sadly, I only bid £50.
Lawrence001
12-12-2017, 19:07
The infinity speakers were a bargain especially the 4.5. Somehow I have a feeling they'll be on ebay in a couple of weeks for about £2k.
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Prices definitely on the high side. The only bargain I could see was a Tandberg 3000 r to r that went for £70. Sadly, I only bid £50.
Depending on the condition of the heads, that was still a bargain. IMO, the Tandberg 3000 series of reel-to-reel machines, easily beat the popular Akai 4000D.
(BTW how much did the Keith Monks RCM fetch?)
the keith monks hammer price was £1150 barry.
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