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Thread: Cigar Auction London 15th November

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    Question Cigar Auction London 15th November


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    Right. Whos going to buy some stuff then?

    https://www.cigarsunlimited.co.uk/ac...tion-2018.html

    Some nice stuff. For sure.
    .--
    I think I may finally have this CAD under control...

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    Some nice stuff in there indeed!


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    Quote Originally Posted by Vitola View Post
    Some nice stuff in there indeed!


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    Don't get sucked in mate unless there is something I really want...just to warn you double the the price the fees and vat is roughly double the cost...there's another thread somewhere explaining the breakdown

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    Quote Originally Posted by SHAMZ84 View Post
    Don't get sucked in mate unless there is something I really want...just to warn you double the the price the fees and vat is roughly double the cost...there's another thread somewhere explaining the breakdown

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    Hey Shamz,
    I don't think the fees are that bad to be honest, especially compared to the big auction house where fees are up to 30% .

    The fee is 15% on the sale price plus you also pay VAT on the fee alone, not on the whole price.

    e.g. if you win something for 100, your pay 15% fees i.e. 15. Then, VAT at 20% is paid on that 15 i.e. 3.
    Total you'd pay is 100+15+3 = 118

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    Quote Originally Posted by Stevieboy View Post
    Hey Shamz,
    I don't think the fees are that bad to be honest, especially compared to the big auction house where fees are up to 30% .

    The fee is 15% on the sale price plus you also pay VAT on the fee alone, not on the whole price.

    e.g. if you win something for 100, your pay 15% fees i.e. 15. Then, VAT at 20% is paid on that 15 i.e. 3.
    Total you'd pay is 100+15+3 = 118

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    That's what it make you believe I can't remember who bought something recently well a year or.
    It's was more like

    (100 + 15%) + 20%

    100 + 15 + 23 = 138









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    https://www.ukcigarforums.com/showthread.php?p=390756
    @grumpybaldy won something and said add 40% to the hammer price

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    I've no idea about that but it's15% this time.

    Might it have been a big auction house that charged that much? Even so, that's a crazy commission

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    Is this a bid online thing or do you have to go there?

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    Quote Originally Posted by Stevieboy View Post
    I've no idea about that but it's15% this time.

    Might it have been a big auction house that charged that much? Even so, that's a crazy commission

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    Sorry myself mistake I thought it was the cgars auction.

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    I just clicked on a few lots. They all said VAT at 20% was applicable on sale of item.

    That means it would be sale price + 20% VAT + 15% fee + Vat on the fee. Substantially more than one might expect.

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