Looked at this holts fees seem mad 30% buyers fee plus 20% vat so if the hammer falls at say £2000 ie £1100 in fees thats
if i read it right ?
Registered User
Looked at this holts fees seem mad 30% buyers fee plus 20% vat so if the hammer falls at say £2000 ie £1100 in fees thats
if i read it right ?
The Bulletproof Monk
There's a huge amount of misinformation aboutOriginally Posted by partner k1250
From our website
BUYERS PREMIUM
Holt's charge a premium to the buyer on the hammer price of each lot sold at the following rates:
25% up to and including £100,000
20% in excess of the hammer price above £100,000
VAT is payable on the premium at the applicable rate.
Under each Lot entry in the online catalogue, there is a buyers premium calculator.
The sellers fee is much less but varies based on the number/value of guns, this covers the reps visits, valuations, transporting thousands of guns around the country, catalogues, websites, insurances and a fair few staff to make the big day with drinks and canapes function properly
Its not ideal for everyone but for high value guns or significant collections its probably the best way to generate maximum value in a short timescale.
You can see the exact all in cost with the calculator under every auction lot online
So based on your £2000 using the calculator
So the buyers premium is £500 (not £1100) or 25%, the VAT goes the the government not us.What is the total payable?
Enter Hammer price £ = £2000
VAT on Hammer Price = 0
Buyer's Premium = £500
VAT on Buyer's Premium = £100
Total Payable = £2,600
Last edited by RichardH; 14-03-2018 at 11:27 AM.
A man can always use more alcohol, tobacco and firearms.
Registered User
Hi if you right and i got it wrong its still way over the top me thinks
The Bulletproof Monk
That's absolutely not the case the sellers fee is much less and covers the costs as above
A man can always use more alcohol, tobacco and firearms.
The Bulletproof Monk
Everything depends on the hammer price, we have a lot of buyers in a lot of countries, if you look at what quality collections of airguns make on sale day its often double what you would get selling privately and massively more than trying to sell a collection to an RFD in one hit.I have asked about selling some of my gear and was told 15% + VAT on the first £1000 and 10% + VAT on the remaining amount...
Ok, you're right the seller does pay less, the total fee to the seller would be £300 if the gun sold for 2k... the buyer pays 600 extra, which still means that the gun is effectively 50% more expensive
As long as you can agree a reserve that your comfortable with, all the risk is with us to sell it at a good price?
A man can always use more alcohol, tobacco and firearms.
Registered User
A good few people think nothing of paying £2K-£3K, even £6K on a shotgun. What price a pretty fab air rifle? The better, more sophisticated, ones have as much engineering as any shotgun.
Registered User
Apologies for straying a bit off thread, but I notice Holts also have a refinished Webley Mk2 Service on offer in the rarer .25 calibre with matching Ser No to the barrel.
The refinish will no doubt put many off, but it will be interesting to see if it reaches anything close to the estimate.
http://auctions.holtsauctioneers.com...4559&saletype=
Regards
Brian
The Bulletproof Monk
If its not pitted its straightforward to strip the enamel and polish and reblack to the original finish spec...
Might have a punt myself if it goes for the lower estimate
A man can always use more alcohol, tobacco and firearms.
World pork pie juggling champion three years straight
Are you allowed to bid at an auctioneers you work for?If its not pitted its straightforward to strip the enamel and polish and reblack to the original finish spec...
Might have a punt myself if it goes for the lower estimate
Dave
Smell my cheese
Registered User
Hello Richard,
I agree, but it will have been refinished which would be major turn off for some collectors.
Regards
Brian
Registered User
The .25 calibre Mk2 Service sold for £600 hammer (£780 with costs.) Still a good price for a refinished example.
Brian
Registered User
Considering the rarity, considering the high profile these rifles have, considering its a good looker, then I'm not surprised at all. There are cars that cost more than that to get serviced.
Someone has a lovely rifle.
Registered User
Unsold lot!
The Bulletproof Monk
Looks like it sold
https://auctions.holtsauctioneers.co...6165&saletype=
Looks like someone wanted it quite badly
That or the price paid is a mistake?
A man can always use more alcohol, tobacco and firearms.
Dodgy Diana User
Agreed. The Whizzers I can sort of understand, but a total price of something over £700 for an HW55T is indeed silly.
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