JBL Hartsfield at LA modern design auction

Discussion in 'Dollars and Sense' started by cyclotronic, Sep 21, 2017.

  1. cyclotronic

    cyclotronic Active Member

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    432
  2. Audio Fan

    Audio Fan First Class, Second Hand Subscriber

    Wow, about as minty as anything I have ever seen. Amazing and beautiful.
     
  3. SoCal Sam

    SoCal Sam Lunatic Member

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    Buyer's premium 28%! Whoa, someone is going to be very unhappy.
     
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  4. KiM3Ce

    KiM3Ce AK Subscriber Subscriber

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    I've downloaded the photos. I'll post them in the speaker forum when I get time. Thanks for the link! Beautiful!
     
  5. nolasally

    nolasally AK Subscriber Subscriber

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    I think their auction estimates of 8-10K is way low!!!
     
  6. sixthday

    sixthday Well-Known Member

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    Factory sealed? and you will pay 30% premium plus tax. I have the feeling that most bidders do not have a sense regarding how much premium will be added to the sale. If it is ending at 10000, then the buyer will have to pay about $14000 with tax included. I can see someone will be shocked.
     
  7. nolasally

    nolasally AK Subscriber Subscriber

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    Yes the true winner on this sale will not be buyer or seller but the house! And we all though ebay was greedy at 12%. Maybe the auction house employees all drive tesla's, drink JW blue label and date pinup girls/boys!!! Maybe they are hiring a HIFI specialist??
     
    Bdbras84 likes this.
  8. HyKlas

    HyKlas AK Subscriber Subscriber

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    Thinking whoever has the capital to bid doesn't care about the juice...
     
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  9. darkblue94

    darkblue94 It wasn't me. Subscriber

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    There is a nice hi-fi shop here in Portland, Oregon that currently has a beautiful pair of these speakers for sale and I love them to death, however the asking price is astronomical. I should remind you folks that here in Oregon there's no such thing as sales tax so that alone will save you more than two grand. :)
     
  10. KiM3Ce

    KiM3Ce AK Subscriber Subscriber

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  11. Leland47

    Leland47 AK Subscriber Subscriber

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    So about 8 grand with tax and premium....for 1 speaker.

    I think that would put a pair into the 18 to 20 thousand range.

    What the asking price in Oregon for the pair DarkBlue?
     
  12. soundmotor

    soundmotor super modified Subscriber

    Most new bidders.

    It's rather amusing to watch after a live auction when everyone is lined up to pay; especially if it is a sales tax state.

    /"anything to declare? yeah, don't go to auctions..."
     
  13. cyclotronic

    cyclotronic Active Member

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    432
    25% buyers premium has become quite normal for high-end auction houses, and then the online service (liveauctioneers in this case) adds 3% to make it 28%. I assure you that anyone bidding in these things is well aware of the costs and you start with what you're willing to pay in total, then do the math to back out the fee and any taxes, and place your max bid that way.

    And as someone else noted, the house is the real winner here. If they add 25% to the buyer, and take 25% from the seller, they are pocketing half the winning bid.

     
  14. hammr7

    hammr7 AK Subscriber Subscriber

    At least back East the auction house doesn't get 25% from the seller on items like this.

    Auctions need some bling to draw bidders, so the closer you are to the most expensive item in your category, the less you pay. Years ago I had contacts at both Christies and Sothebys, and the competition was fierce for the key items (whether paintings or furniture or cars or other collectibles). Some sellers got free pickup and restoration of their items, with a sellers comission of 5% or less.
     

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