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Originally Posted by: Debaser 
I'm with you on this one PO, just to make up for being grumpy with you recently
HaHa. Don't worry, I don't take these things personally.  Getting obsessed over music does appear to be a 'mainly' male trait.
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Originally Posted by: perspexorange Originally Posted by: Johnny James Originally Posted by: perspexorange Originally Posted by: Johnny James Don't forget the premium is around 25%, that's another 40k. I think the £162k included the premium. Nope, that's not how auctions work, it's an additional cost to the hammer price. Oh, Ok. It's just that the webpage said "Sold for £ 162,562 inc. premium" so thought that it did. Also, the first I heard about it was when someone who was watching the auction emailed to say it went for "£130k plus commission", which also made me think that a premium was included in the £162,562 price. £130,000 hammer price + £32,500 (25%, as per your approximation) = £162,500 Which is pretty close to the £162,562 figure. Or have I completely misunderstood? Fair enough if 130k was the hammer price, I haven't looked that closely. Usually people quote the hammer price not realising there's a big premium added to it.
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2 users thanked perspexorange for this useful post.
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