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B17 nameplate sells for £40,000

Discussie in 'Railwayana' gestart door 46223, 11 dec 2011.

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  1. Neil_Scott

    Neil_Scott Part of the furniture

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    This link may work:

    Manchester United Nameplate | Sheffield Railwayana Auctions - The Specialist Railwayana Auctions
     
    Neil_Scott, 19 dec 2011
    #21
  2. kdf9

    kdf9 New Member

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    kdf9, 19 dec 2011
    #22
  3. Sheff

    Sheff Resident of Nat Pres

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    Deleted - beaten to the draw by Neil!
     
    Sheff, 19 dec 2011
    #23
  4. Martin Perry

    Martin Perry Nat Pres stalwart Staff Member Moderator Friend

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    Ropey bit of track that 61648 is standing on ... don't suppose it really mattered ... !
     
    Martin Perry, 19 dec 2011
    #24
  5. Guest

    Guest Part of the furniture Account Suspended

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    Now shown on the SRA website as sold for £35,000, not the £40,000 at which the hammer fell in the room, and to which, if the plate is genuine, as now attested, the vendor is entitled (less commissions)
     
    Guest, 19 dec 2011
    #25
  6. simon

    simon Resident of Nat Pres

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    One assumes that the wining bidder wished to withdraw his bid despte the assertions made by the auctioneer. If the vendor agreed then this seems reasonable.
     
    simon, 20 dec 2011
    #26
  7. 19D.3326

    19D.3326 New Member Account Suspended

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    Merely out of interest's sake, what would a genuine 'Manchester City' plate fetch today?
     
    19D.3326, 21 dec 2011
    #27
  8. 6136

    6136 Member

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    They don't make 1/2p's any more.
     
    6136, 21 dec 2011
    #28
  9. Spamcan81

    Spamcan81 Nat Pres stalwart

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    Would probably fetch a herd of camels in Dubai. :)
     
    Spamcan81, 21 dec 2011
    #29
  10. ADB968008

    ADB968008 Guest

    Abu Dhabi would be more appropriate.

    Though bizarrely enough the cheapest source of wild camels would be central Australia.
     
    ADB968008, 21 dec 2011
    #30
  11. Guest

    Guest Part of the furniture Account Suspended

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    The law of auctions does not work that way. If the hammer fell at £40k, and the auctioneers are adamant that the plate is genuine, and their website makes that clear, then the vendor is entitled to £40k less commission and the buyer is bound under the auction terms, as the plate is genuine.

    It leaves the auction house with a real dilemna, as they may not want to take on a buyer worth a reputed £200m, and perhaps they have come to a good old British compromise, but the website sale price is not what the hammer fell at.

    The auction house concerned has problems in this regard - as for instance - they continually try to say that the contract is not established until monies have changed hands - which is simply wrong. The contract is sealed when the next lot is offered as that concludes the period for a sale of the lot concerned and disputes thereafter can only be in respect of lack of authenticity, and not the management of the bidding process.
     
    Guest, 21 dec 2011
    #31
  12. simon

    simon Resident of Nat Pres

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    Exactly what I said above.
     
    simon, 22 dec 2011
    #32
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