"Well, your overall margin must look a whole lot healthier after this particular sale..."
Authenticity is Everything
Lewis's Discussions
Common (rapper) autographed record
Started May 4 0 Replies 0 Likes
Not the same level as my Jimi find but seems i have a record signed by Common. Have googled his sig and looks like its real…Continue
Jimi Hendrix experience Axis Bold as love signed by all members
Started this discussion. Last reply by a pug called eva on Friday. 132 Replies 3 Likes
Hi all, i was recommended to come here via Facebook, hope I'm posting in the right area!I picked up a load of vinyl a while ago that included a Jimi Hendrix axis bold of as love first pressing. I…Continue
Lewis's Page
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"Yeah for sure. I buy records i want and am happy to sell for a small (or hopefully decent) profit on my discogs all the time. Just not quite the same margins!
I'm happy with the result and hope the buyer is too"
"Just briefly...if a dealer bought it you have to expect that they will want to earn something on it. I would say a 30% mark-up is the minimum they'd want to make unless they already had a buyer lined-up. I think 30% is also reasonable given the…"
"This forum has been a big part of my enjoyment of the situation, so i thank you all for being part of it.
I know who bought the record so i think everyone will be seeing it for sale again in the future, but I'll be trying to avoid any future…"
"I think you'd have to say that £19k before buyer's premium was a solid result. There wasn't much to go on in coming up with the estimate range but the final price was at the top end of it.
I wonder whether it is a total…"
"You sold into the market and made a killing off it. You have nothing to be bothered by; at the end of the day, you're the biggest winner in this scenario."
"Yeah, I caught the battle at the end of the live auction; looked like quite the back-and-forth. Certainly the biggest "win" for a seller I've seen on this forum, though I've only been here a couple years as a member."
"+1
Have a great summer with your family, Lewis, and let's all raise a toast tonight to Jimi, Mitch and Noel.
I will never forget the first time I held a copy of Electric Ladyland in my hands - lol, I was 12 or so - but, more importantly, heard…"
"Congratulations, Lewis! You must have been on an emotional rollercoaster today. Go celebrate with a bottle of something nice, you deserve it."
"I was thinking more bonhams sellers commission, either way its thousands more then the £3 you paid for it ,enjoy it and keep buying the boxes of lps maybe check them before you put them on discogs though ,that was a close call "
"19k, but i don't know how the CGT works so that will take of a big chunk, unless that's what you were referring to "
"Ah its done now in the end its a £14997 profit cant be sniffed at "
"The highest private offer i recieved was $30k but i didn't fancy posting to USA and dealing with currency etc.
Obviously id have loved for it to have sold for 50k or something but i cant really complain on a £3 purchase.
We did kinda…"
" A nice £6000+ for Bonhams and £700 for the taxman on the buyers premium but to be honest despite the discouragment for a private sale and the fact that i think Tracks or other dealers would have offered him £20,000 + cash…"
"It sold for $30,000 US before VAT, so about what the last on went for at RR. Congrats!
What's the VAT tax for the buyer?"
"I thought it would have gone for more , i was surprised i was high bidder at 14,16 and 18 but just couldnt afford the premium on top and they are horrible for wanting quick payment i would have had to have sold some other Hendrix to pay for it …"
About Me
- What kind of member are you? (Check as many as apply.)
- Collector
- What would you like to tell us about yourself, your collecting, or business.
- I've found a potentially rare signed album and would like to get views on its authenticity
- What is your level of expertise?
- Beginner
- Why do you want to join Autograph Live?
- Suggested online as a good place to discuss my query
- Who can we thank for telling you about us?
- Someone on Facebook - didn't get the name sorry!
- What are your areas of interest?
- Music
- Why do you collect?
- Love music!
- What is your favorite autograph in your collection?
- Jimi Hendrix
- You can ask anyone living or dead for their autograph. Who would it be?
- Michael Jackson
- What is today's date?
- March 24, 2023
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