Cookie0024 Posted July 3, 2013 Share Posted July 3, 2013 For those of you who want to follow the auction live: Here is the link to the live bid page. There's a live videostream from the auction house as well as live updating bids. As of typing, they're on lot 171, Jimmy's guitar is 226. http://www.bonhams.com/auctions/20771/live Link to comment Share on other sites More sharing options...
pottedplant Posted July 3, 2013 Share Posted July 3, 2013 Thanks so much for this Cookie. I am greatly interested in the outcome and who will own the guitar. I wish it were you!! Link to comment Share on other sites More sharing options...
Cookie0024 Posted July 3, 2013 Share Posted July 3, 2013 Thanks so much for this Cookie. I am greatly interested in the outcome and who will own the guitar. I wish it were you!! As do I, I'm excited to see something interesting happening though. Will be livetweeting the bids at @LedZepNews. Link to comment Share on other sites More sharing options...
Cookie0024 Posted July 3, 2013 Share Posted July 3, 2013 Auction about to start on Jimmy's guitar. Link to comment Share on other sites More sharing options...
Melcórë Posted July 3, 2013 Share Posted July 3, 2013 £21,000! Link to comment Share on other sites More sharing options...
dazedjeffy Posted July 3, 2013 Share Posted July 3, 2013 SOLD FOR £21,000 Link to comment Share on other sites More sharing options...
Melcórë Posted July 3, 2013 Share Posted July 3, 2013 The LZ first-pressing sold for £900. Link to comment Share on other sites More sharing options...
Cookie0024 Posted July 3, 2013 Share Posted July 3, 2013 Jimmy Page guitar: £21,000 Led Zeppelin first pressing: £900 Led Zeppelin Aberdeen photographs: £700 Jimmy Page screen print: £300 The Bath Festival poster didn't sell. Link to comment Share on other sites More sharing options...
kenog Posted July 3, 2013 Author Share Posted July 3, 2013 With the buyer's premium, it came altogether to £26,250. I think I said to Cookie a few posts back (post 16) that I thought it would go for more than the upper estimate. If the lucky bidder doesn't pick it up directly from Bonhams, they have also got the carriage/courier to pay on top of that price. It's a nice boost for the ABC Trust, and I am sure a sum like that will benefit quite a few children in need. Link to comment Share on other sites More sharing options...
Cookie0024 Posted July 3, 2013 Share Posted July 3, 2013 It sold to someone in the room rather than on the internet, I think it was the same guy who bought all the other Led Zeppelin lots. Link to comment Share on other sites More sharing options...
Melcórë Posted July 3, 2013 Share Posted July 3, 2013 It sold to someone in the room rather than on the internet, I think it was the same guy who bought all the other Led Zeppelin lots. They probably already had a Bath poster (or two). Link to comment Share on other sites More sharing options...
kenog Posted July 3, 2013 Author Share Posted July 3, 2013 Cookie, Did you put in an internet bid at all? Its all academic now, but what had occurred to me when you said you were considering bidding was that the bidder's premium on the final hammer bid, and the VAT on top doesn't half bump up the price, as you can see from the full cost being £26,250. It sold to someone in the room rather than on the internet, I think it was the same guy who bought all the other Led Zeppelin lots. Link to comment Share on other sites More sharing options...
pottedplant Posted July 3, 2013 Share Posted July 3, 2013 Will we know, at some point, who this person is? Link to comment Share on other sites More sharing options...
Cookie0024 Posted July 3, 2013 Share Posted July 3, 2013 Cookie, Did you put in an internet bid at all? Its all academic now, but what had occurred to me when you said you were considering bidding was that the bidder's premium on the final hammer bid, and the VAT on top doesn't half bump up the price, as you can see from the full cost being £26,250. I didn't bother in the end. It's overpriced for an acoustic. Auction fees are so high these days that I don't often bother. Link to comment Share on other sites More sharing options...
kenog Posted July 3, 2013 Author Share Posted July 3, 2013 Absolutely agree with you. I was in my local branch of Guitar Guitar, and they have Martins at about £2,000. OK, Jimmy hasn't played them, but........ I didn't bother in the end. It's overpriced for an acoustic. Auction fees are so high these days that I don't often bother. Link to comment Share on other sites More sharing options...
Melcórë Posted July 3, 2013 Share Posted July 3, 2013 ...You're not seriously griping about money given to charity, are you? Link to comment Share on other sites More sharing options...
Cookie0024 Posted July 3, 2013 Share Posted July 3, 2013 ...You're not seriously griping about money given to charity, are you? It's not giving money to charity, all depends on if the auction waives the fee, which I doubt they did. It's the fee we were discussing. Link to comment Share on other sites More sharing options...
Melcórë Posted July 3, 2013 Share Posted July 3, 2013 It's not giving money to charity, all depends on if the auction waives the fee, which I doubt they did. It's the fee we were discussing. Do explain. Link to comment Share on other sites More sharing options...
Cookie0024 Posted July 3, 2013 Share Posted July 3, 2013 ...Huh? 'Auction fees are so high these days that I don't often bother. ' Link to comment Share on other sites More sharing options...
Melcórë Posted July 3, 2013 Share Posted July 3, 2013 'Auction fees are so high these days that I don't often bother. ' Alright then, calm down. (I see you replied to my less-than-intelligent original post, as well. ) What were the fees? Everything after £21,000? Link to comment Share on other sites More sharing options...
Cookie0024 Posted July 3, 2013 Share Posted July 3, 2013 Alright then, calm down. (I see you replied to my less-than-intelligent original post, as well. ) What were the fees? Everything after £21,000? Don't worry, wasn't shouting. Just couldn't think of how to emphasise text any other way. They don't state the fees explicitly here, but it's quite high http://www.bonhams.com/how_to_sell/9884/ Link to comment Share on other sites More sharing options...
kenog Posted July 3, 2013 Author Share Posted July 3, 2013 Melcore, Yes, there is a commission of the hammer price (final price) and it is listed at the back of the relevant catalogue. In this case, I think it was either 20 or 25%. Then, the bidder has to pay UK sales tax (Value Added Tax) which is currently 20%, and that is payable on the hammer price and the commission also. Then, if you are not collecting the item in person, you have to pay the shipping and handling charges. They will undoubtedly be using a courier who has to insure your item. Overall, it's not just the winning bid - the overall cost mounts up drastically as you can see with this guitar. Unfortunately, when people bid via the internet, they don't realise they have all these additional costs to pay. That is what Cookie was getting at. Before bidding, you have to make sure you can afford the extra costs. Alright then, calm down. (I see you replied to my less-than-intelligent original post, as well. ) What were the fees? Everything after £21,000? Link to comment Share on other sites More sharing options...
kenog Posted July 4, 2013 Author Share Posted July 4, 2013 This is an article from Bloomberg which is posted on Cookie0024's LedZepNews Twitter account. http://www.bloomberg.com/news/2013-07-04/page-guitar-fetches-39-638-with-jagger-hair-bowie-lyric.html Link to comment Share on other sites More sharing options...
Geezer Posted July 4, 2013 Share Posted July 4, 2013 There's a mistake in that article. The concert was in 2011, not 2007. Link to comment Share on other sites More sharing options...
Texas Melanie Posted July 4, 2013 Share Posted July 4, 2013 What a lucky bastard, a lucky rich bastard. Great for the ABC Trust charity. The recent uprisings in Brazil highlight why this charity is so important. Link to comment Share on other sites More sharing options...
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