For fun Holt's Wiscombe how much?

[RichardH]

Went for £3300 + fees.

I think that’s around £4250.

That learned friends is the power of a proper international auction

Selling privately that’s a £2000 gun and you would have to wait months for the right buyer.

Suddenly the sellers premium looks cheap

[Unframed Dave]

That learned friends is the power of a proper international auction

Selling privately that’s a £2000 gun and you would have to wait months for the right buyer.

Suddenly the sellers premium looks cheap

Not really.

Dave

[Garvin]

That learned friends is the power of a proper international auction

Selling privately that’s a £2000 gun and you would have to wait months for the right buyer.

Suddenly the sellers premium looks cheap

How much did the seller have to pay Holts, I wonder? And maybe it's a £2,500 gun privately these days.

Not such a great deal, I suspect, although in this instance Holts would seem to have been a reasonable choice. Pot luck really. Some Holts sales don't make a decent return at all.

[nurek]

How much did the seller have to pay Holts, I wonder? And maybe it's a £2,500 gun privately these days.

Not such a great deal, I suspect, although in this instance Holts would seem to have been a reasonable choice. Pot luck really. Some Holts sales don't make a decent return at all.

From what I have been told by Holts the seller fee is 15% on first £1000 and 10% on the remainder all +VAT, that's negotiable on how much you are selling, what you are selling and so on.

So as the gun sold for £3300 the fee would be (150+230)*1.2= £456, so the seller would actually get £2844, the buyer actually paid £4290 inclusive of 25% buyers fee and VAT on the fee.

I make that over £1000 of profit in this case...

[Garvin]

From what I have been told by Holts the seller fee is 15% on first £1000 and 10% on the remainder all +VAT, that's negotiable on how much you are selling, what you are selling and so on.

So as the gun sold for £3300 the fee would be (150+230)*1.2= £456, so the seller would actually get £2844, the buyer actually paid £4290 inclusive of 25% buyers fee and VAT on the fee.

I make that over £1000 of profit in this case...

That's a hefty seller's commission! In this case it seems that if the rifle had been advertised privately for, say, £2,995, BBS member JSD would have snapped it up, if he was willing to pay £3,300 plus fees at auction.

[Muskett]

So Holts makes a tad over 25% fee.
When you buy a sandwich at the petrol station they make a lot more than that. A lot of retail is 60% or higher. Some other suff 10%.

Auction houses have their place, as do on line auctions. Private sales sections too. As a seller the question to be asked is: "am I happy with the price I am getting?" How much time do I want to spend maximising my return and what confidence do I have actually finding the top value?

Someone has a fantastic rifle. More than one person wanted it, that day that was the going rate if you wanted it. Sadly not me

[vbull]

And if the buyer bid online that's another 5% on top to Invaluable.

[Garvin]

So Holts makes a tad over 25% fee.
When you buy a sandwich at the petrol station they make a lot more than that.

Just to be accurate, Holts makes a lot more than this because both buyer and seller pay fees on the same sale. Sandwich is an apt comparison...

I'm not actually knocking Holts, since they are just another business functioning within the marketplace and the high fees are balanced against market reach and access.

But lets not pretend that this is a cheaper option than a private sale or purchase, purely in economic terms.

[ratshot5]

itf all b sh,,t