Good EM Loco's at Auction. A Heads' up post.

40057

Western Thunderer
How accurate are the Estimates compared to realised? A lot appear to be really low
That will depend on the bidders! What I would say is the reserve (if any) won’t be more than the lower estimate. So if the lower estimate is low, the item might sell for that, or for more, or a lot more — if there are two or more keen bidders who are prepared to fight for the item.
 

Osgood

Western Thunderer
From the website re. Bidding on this sale:

Please Note: A reserve is set at 60% of bottom estimate for all Lots, if your bid does not meet this level you will need to bid again.​
The Buyers Premium is 22.5% +VAT (TOTAL 27%).​
 

simond

Western Thunderer
From the website re. Bidding on this sale:

Please Note: A reserve is set at 60% of bottom estimate for all Lots, if your bid does not meet this level you will need to bid again.​
The Buyers Premium is 22.5% +VAT (TOTAL 27%).​
Aim your bids accordingly. Or not at all.

It’s a bitch for the family who are trying to get a decent return on late Dad‘s hobby collection, but the markup up is swingeing.

caveat emptor.
 

Tim Humphreys ex Mudhen

Western Thunderer
Aim your bids accordingly. Or not at all.

It’s a bitch for the family who are trying to get a decent return on late Dad‘s hobby collection, but the markup up is swingeing.

caveat emptor.
But probably not a lot different from the mark-up a retailer would hope to achieve.

As the Love Lane Group we have assisted the families of four of our former members to privately dispose of their collections. It does take some hard work but I'm pleased to say that all have been very satisfied.

Tim
 

Mallard60022

Active Member
If it's something you would really like and couldn't get to do yourself then have a good think about prices you might see for RTR stuff.
This year I've seen some really good coaches by Larry and his associate Mr Lawrence and got them for a bargain price as nobody else appeared bothered. I'd suggest they were BSL or possibly Phoenix? Beautifully finished and the tiniest of work required such as a little oil on the Bogie Bearings. A pal of mine acquired a Comet Built D700 Mk 1 Kitchen in CX & C + 2 Mk 1s for £110; a bunch of three.
The D700 was the single SR version (probably Mr Lawrence?) and added that to two other Coaches to create the late 50s Dining Triplet, one from Auction and a Baccy Comet Sides Conversion that his pal did for him for a small fee. I had the other two Mk 1s for £50. Worth every Penny those.
I've had Mk1s & Bulleids, and as simond says, someone's dearest collection no doubt.

*Traders go for the smart RTR stuff and that's shown in the prices.
These Engines are EM. Traders will not touch them unless they know someone that is into EM. Even as kit builds, if those were OO they would be going for well over £100. These will probably go for less than £100 and the 'unusual Tanks'... I'd say £50/70? However 'SOMEONE' is onto them, as the unfinished Black 5 I thought I'd go for and regauge, is well over £60 already.
Just remember the postage and packing will be about £20. I add 30% to my bid that exceeds the actual cost if I win!
The gauge generics, such as the Tortoise and DCC Concepts Point Motors. I bet they go less than half the purchase value.

I mentioned elsewhere on and appropriate thread here, a Box with loads of unbuilt BSL Kits and some other interesting Plastic (?) ones.
If you like doing them then I reckon you'd get that box for a song!

The EM part built Track! That will go for very little indeed.
have fun
Phil

*
RTR £100 already!
64068c9f-5a69-f011-8eed-7c1e52044aca.jpg

EM...£40

fcefa534-bd6b-f011-8eef-6045bd133207.jpg
P
 
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Mike W

Western Thunderer
I just find it sad that for things like old cars, the provenance is everything to an Auctioneer and can greatly increase values. But for model railways the Auctioneers often deliberately withhold the name of the maker and the vendor. I have known an auctioneer forward a letter to the vendor enquiring about the origins, but many won't, so the name of the person who put in all the work to built it will never be lknown.

I think that's sad and a poor reflection of the industry.

Mike
 

40057

Western Thunderer
I just find it sad that for things like old cars, the provenance is everything to an Auctioneer and can greatly increase values. But for model railways the Auctioneers often deliberately withhold the name of the maker and the vendor. I have known an auctioneer forward a letter to the vendor enquiring about the origins, but many won't, so the name of the person who put in all the work to built it will never be lknown.

I think that's sad and a poor reflection of the industry.

Mike
It’s not really up to the auction house. It’s a decision for the vendor — and rightly so. If someone wants to sell their collection as ‘theirs’, the auction house (including Vectis) will do that. Whole sales are sometimes ‘The Bill Smith collection’ etc. If the vendor wants confidentiality, s/he will get it. I have not come across an auction house concealing a maker (unless that is also the vendor). If known, the maker is a legitimate part of the description of the item for sale (locomotive believed to be by Beeson … etc). The ultimate decision whether to identify the maker is the maker’s. Someone can sign their work, or not, as they wish. Personally, as someone with an interest in vintage models, for significant objects like locomotives, coaches etc., I wish everyone would sign their work.

Martin
 

MartinWales

Western Thunderer
A bit off topic here but after a phone call last night, there will probably be three EM collections available for sale at Expo EM North, Kettlethorpe High School, Wakefield on August 30th/31st

In addition to the ever popular Members Sales of course....
 

MartinWales

Western Thunderer
A bit off topic here but after a phone call last night, there will probably be three EM collections available for sale at Expo EM North, Kettlethorpe High School, Wakefield on August 30th/31st

In addition to the ever popular Members Sales of course....
Make that four!
 
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