[ejvaze]

Love the Terry Frost prints they are selling.

[RBK]

finsburyparkranger said:

rklimek said:

I forget who told me this - but it rings so true. The person at the art opening in jeans and sneakers is often the biggest/richest collector in the room because he has nothing to prove to anyone.

... or he's banksy. ;D

Or a young forum member that has no business being there! ;D

[butterfly]

[glow=red,2,300]Bids[/glow]
If your bid is successful a premium of 19% (on the first £150,000 of a single lot and 10% thereafter) will be added to the hammer price.

[glow=red,2,300]Payment[/glow]
Purchases must be paid for before they can be released.
Payments can be made in cash, by cheque in sterling drawn on a UK bank, by direct wire transfer in sterling,
[glow=red,2,300]by credit card[/glow](Visa and Mastercard only), for which there is a 3% surcharge added to the invoice total, and by UK debit card or Maestro,for which there is no surcharge. For first time buyers cheques must be cleared before purchases can be released.

[glow=red,2,300]VAT (Value Added Tax)[/glow]
Zero-rated items such as books, unframed maps and albums are not subject to VAT on the buyer's premium. Eligible items such as manuscripts, prints, photographs, drawings, framed maps, paintings, pens and other objects are subject to VAT on the buyer's premium as part of the auctioneers margin scheme at a rate of 17.5%. This will be invoiced at a rate inclusive of premium and VAT. Seller's commission will also be invoiced at a VAT inclusive rate in the case of the sale of eligible items. Lots which are daggered (†) in the catalogue are subject to VAT on the hammer price as well as the buyer’s premium. Lots marked with an asterisk (*) have been imported from outside the EU to be sold at auction under temporary importation, and therefore the buyer must pay the import VAT at a rate of 5% on both the hammer price and buyer's premium.

[Wiseblood]

will be interesting to see what the micallef laz prints go for, sure i was talking to the person who got print numbers 296, cant remember tho

[motor]

It will be interesting for lots of reasons

[Wiseblood]

Are you the owner of prints 296?

[ratpack]

I've put a couple of prints in - they're not in the book though as I got them to them too late....

[BONGO]

a4mnt said:

somebody please tell me BONGO is going to the xmas party? pleeeease.

I just want to see whether he really does shout ALL THE TIME and then i'm just going to wonder around next to him all night collecting pearls of wisdom, then i'm going to drunkenly offload them on unsuspecting other forum members as if they are my own.

its going to be wonderful.

BONGO HAS BEEN INVITED APPARENTLY

BONGO NOW MULLING OVER THIS AND CHECKING SOCIAL DIARY

[buffin]

Alert security to search for toffee hammers!

[darjeeling]

Ok, who's the joker who went and put in one bid on every Banksy in the auction? ...be careful what you wish for...

[finsburyparkranger]

found it.

www.bloomsburyauctions.com/detail/633/499.0

[corisma]

anybody post a live link ?

[©hief']

search.ebay.com/_W0QQsassZbloomsburyauctions

You'll need to sign in and have a credit card on file

[bill]

What time is this starting?

[manchestermike]

bill said:

What time is this starting?

It's started... we're on lot 242B next

[mcnuts]

yup action again at 2:30pm

[mcnuts]

MM is it too late to do over/under spread betting on some of the pieces ?

[finsburyparkranger]

The Banksy's will get sold around 3.30pm - 4.00pm I think. Soon the break will be over and the price will tick upwards for the earlier pieces. Last time some banksy's went for a song.

why does it say time left 8 hours? Can people bid after the hammer goes down ?

[manchestermike]

mcnuts said:

MM is it too late to do over/under spread betting on some of the pieces ?

Hmmm, good call... you list the pieces I'll do the spreads ;D

[Nuno]

does the buyer have to add 36.5% to the final price (vat and the other thing)?

[corisma]

Thanks Chief

Is this all just done through ebay .. no live commentary like before ?

[pezlow]

franman1 said:

does the buyer have to add 36.5% to the final price (vat and the other thing)?

You don't pay VAT on the hammer price but only on the Buyers premium (which I believe is 19%). So it all works about 22% IIRC. Not sure about this auction but most make the buyer pay the ARR which is 4% as well.

[corisma]

That's some hefty commission .. and i thought ebay were bad

[pezlow]

Yeah the service from most auction houses isn't really commensurate with the commission levels either.

[pezlow]

Its up and running again now

[Nuno]

Anyone on here thinking of bidding? there doesnt seem to be any online bids as yet, all floor bids, and all seem to be hitting the top end of the estimate

[corisma]

Too fast for me .. Going .. GONE !

[RBK]

pezlow said:

franman1 said:

does the buyer have to add 36.5% to the final price (vat and the other thing)?

You don't pay VAT on the hammer price but only on the Buyers premium (which I believe is 19%). So it all works about 22% IIRC. Not sure about this auction but most make the buyer pay the ARR which is 4% as well.

Pez - Is this the case with Sothebys & Bonhams also?

[finsburyparkranger]

What lot are we on now?

[manchestermike]

finsburyparkranger said:

What lot are we on now?

264 matey