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John lennons butcher cover lp signed by 3 of the beatles on the block

https://www.julienslive.com/m/lot-details/index/catalog/298/lot/114...

Replies to This Discussion

Permalink Reply by Daniel S. on May 9, 2019 at 6:24pm

Not based on all of my auction results with Juliens. Also, the odd dollar winning bids are a dead giveaway. For example, the first lot hammered at 450 pounds and it shows a 576 pounds winning bid which includes 28% buyers premium

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Permalink Reply by Steve Cyrkin, Admin on May 9, 2019 at 6:45pm

That's odd. Usually the winning bid is a bid and final price includes the BP. I didn't look at other lots though.

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Permalink Reply by Steve Cyrkin, Admin on May 9, 2019 at 6:47pm

You're right. I checked older lots and it said winning bid. Thanks

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Permalink Reply by Daniel S. on May 9, 2019 at 6:50pm

A few of the auction houses are doing this but you are correct, it is atypical.

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Permalink Reply by BallroomDays67 on May 9, 2019 at 7:14pm

So the consignor will receive about $150K?

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Permalink Reply by marc e on May 9, 2019 at 7:19pm

If these numbers are correct. Its sold for 130k resold for 235k . So 105k . My guess is juliens takes close to 25 percent from consignors so 55k profit. All in us dollars

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Permalink Reply by BallroomDays67 on May 9, 2019 at 7:26pm

I don’t think it would be that much if $235K includes the BP.

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Permalink Reply by Paul on May 9, 2019 at 7:29pm

Not too shabby in 12 months a profit like that.

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Permalink Reply by marc e on May 9, 2019 at 7:29pm

There saying it didn't include it.. if it does just adjust the numbers to break even as its 28%

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Permalink Reply by Steve Cyrkin, Admin on May 9, 2019 at 8:01pm

If the consignor paid no commission he got in the $185,000-$190,000 range.

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Permalink Reply by Steve Cyrkin, Admin on May 9, 2019 at 7:40pm

The consignor probably bought it from Heritage to resell it. A market-savvy investor like that likely made a deal with Julien's to get full hammer price since it's such a valuable consignment.