2018.....and Rolex UK have just fitted a new Flat Four bezel insert to an LV for me.

[LeBowl]

Sotheby’s are achieving, what can only be described as phenomenal prices on modern and vintage. And commissions on top. It’s mental.

True but there were some APs that went for reasonable prices today even when factoring buyers premium + tax.


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[LeBowl]

Member TKH has just sent me this link, showing an unworn LV with Flat Four sold today for £27,500 (plus commission?)

http://www.sothebys.com/en/auctions/...54/lot.18.html

That’s including buyers premium + tax. Still ridiculous


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[P.Sheridan]

That’s including buyers premium + tax. Still ridiculous


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Do they round up the figures for prices achieved ?
My understanding would be Southebys charge 25% + Vat @ 20% = 30% gross commission ?

So the Watch achieved £21,154 ? Seems an odd number.

[LeBowl]

Do they round up the figures for prices achieved ?
My understanding would be Southebys charge 25% + Vat @ 20% = 30% gross commission ?

So the Watch achieved £21,154 ? Seems an odd number.

Apologies it doesn’t include tax! Total price including tax would be £28600


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[LeBowl]

Apologies it doesn’t include tax! Total price including tax would be £28600


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Hammer price £22000
Buyers premium £5500
Tax £1100


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[P.Sheridan]

Apologies it doesn’t include tax! Total price including tax would be £28600


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Anybody know what the seller commission is ?
At aroma nd 20% gross the seller got a cool 18k auctioneer the real winner


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[inspector gadget]

Lot 77 made £274k nice commission and premium there for a sub.

http://www.sothebys.com/en/auctions/...54/lot.77.html

[WhopperSenior]

It’s mad money for an old sub but has a tropical dial and it’s a very desirable model.

The LV sale is interesting too. I wonder if this buyer just wants to have a nice example, or whether they think they’ll turn it around for more money down the line.


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[Enoch]

Haywood, that’s nothing, I sent my Lv off for a service and it came back with a different bracelet浪浪

[njr911]

As my LV is in need of a service I wonder what would happen if I put an aftermarket (or even standard Rolex Black bezel insert in and then sent it in ?

[Lovewatches108]

Haywood, that’s nothing, I sent my Lv off for a service and it came back with a different bracelet浪浪

Haha!

[744ER]

I can confirm the change back to flat 4 seems to be a fact. I received a blistered flat 4 insert today with -14 article number.

This should have interesting effects on the LV market...

[mondie]

What an odd and completely unexpected change of events. I better start taking a bit more care of the insert on my M serial LV as it has now become harder to replace.