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B17 nameplate sells for £40,000

Discussion in 'Railwayana' started by 46223, Dec 11, 2011.

  1. Neil_Scott

    Neil_Scott Member

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  2. kdf9

    kdf9 New Member

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    It would now appear that it's not a replica/forgery

    See:- Manchester United Nameplate | Sheffield Railwayana Auctions - The Specialist Railwayana Auctions
     
  3. Sheff

    Sheff Well-Known Member

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    Deleted - beaten to the draw by Neil!
     
  4. The Saggin' Dragon

    The Saggin' Dragon Part of the furniture Staff Member Moderator

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    Ropey bit of track that 61648 is standing on ... don't suppose it really mattered ... !
     
  5. Guest

    Guest New Member 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)
     
  6. simon

    simon Part of the furniture

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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.
     
  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?
     
  8. 6136

    6136 New Member

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    They don't make 1/2p's any more.
     
  9. Spamcan81

    Spamcan81 Nat Pres stalwart

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    Would probably fetch a herd of camels in Dubai. :)
     
  10. ADB968008

    ADB968008 Member Account Suspended

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    Abu Dhabi would be more appropriate.

    Though bizarrely enough the cheapest source of wild camels would be central Australia.
     
  11. Guest

    Guest New Member 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.
     
  12. simon

    simon Part of the furniture

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    Exactly what I said above.
     

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