Possibility of picking up a bargain - Photography auction

  • Thread starter Thread starter djs
  • Start date Start date
D

djs

Suspended / Banned
Messages
727
Name
Daniel
Edit My Images
Yes
If you around Nottingham, the John Pye auction might be worth a trip if you're after a new different lens, SLR.

Just looking through the photos, most of the kit looks brand new. Look at that 500mm !! :eek:

http://johnpye.co.uk/sale1.html

If you click "Catalogue & Lists" on the left side, you'll be able to download the PDF files which contain a brief overview of what will be up for auction (this is not the full catalogue!)
More details and photos usually get put up the night before the auction


Just a note. If you're after new kit for yourself then you may get a bargain. But if you're gonna flog it on eBay then it probably won't be worth going.

I used to go to the auctions about a year ago. There's a lot of thick heads there who pay crazy money for things.

But you never know.
I will be at Focus on Wednesday so won't be able to see what things go for.
 
Does anyone know what fees are payable on any winning bids? Many thanks in advance.
 
Yes, it does mention on the website, but off the top of my head, i think...I've got a feeling it's 15% fee to the auctioneer. And then 17.5% VAT on top
 
Sorely tempting, how busy did the auction used to be when you used to go Daniel?
 
Well, the auction room was usually quite full.

Sometimes it depends on the time as well, it usually gets quieter towards the end because people can't be bothered to stay the full day. The auctions start at 11am, and can go on until 5pm ish.


I don't know whether this is the same at every auction house... but the way it works...let's say there's 10x 40D's for auction.

Lot 001 - Canon 40D
Lot 002 - Canon 40D
Lot 003 - Canon 40D
Lot 004 - Canon 40D ....and so on

If someone buys lot 001 for £200, they will have the option to buy all 10 lots at the price they won the 1st lot for. So £200 each.
 
90% of the bidders are there to buy and sell for profit.
On an expensive item such as an SLR or and expensive lens, you'd want a decent profit if you were selling it.
So if you're buying for yourself, then you may get something at a nice price.

But it all depends which idiots turn up. Sometimes people bid more than RRP for stuff.
 
djs said:
Yes, it does mention on the website, but off the top of my head, i think...I've got a feeling it's 15% fee to the auctioneer. And then 17.5% VAT on top
Click to expand...

Thanks for the info. I've looked everywhere on the site, and can't see any mention of the fees. Only that £100 deposit it to be paid before you can bid.
 
Theres bound to be fees, probably just dont advertise them openly so they get more people into the auction house before they realise.

Only issue is, id want to go in person but motorbike is off the road and im not sure I really want to get on a train at 7:30 in the morning to get there in time for viewing before auctions commence.
 
djs said:
90% of the bidders are there to buy and sell for profit.
On an expensive item such as an SLR or and expensive lens, you'd want a decent profit if you were selling it.
So if you're buying for yourself, then you may get something at a nice price.

But it all depends which idiots turn up. Sometimes people bid more than RRP for stuff.
Click to expand...

Like the ones that were paying £4.50 + premium and vat (total about £5.50 :thinking: :shrug:) for £5 gift vouchers at one auction I went to...
 
I gave up attending my local auctions. Used to spend several hours there only to see things going above shop prices and then leave empty handed and thoughts of what I could have done with the day if I hadn't been there!
 
I just bought a new Canon 7D so I'm now skint. Otherwise I might have gone down as I only live in Beeston 4-5 miles away.


If anyone goes it would be interesting to hear how they got on and if there were any bargins in case they have another similar auction in the future.

Andy S
 
It is + 15% buyer fee then Vat on top (google search).
 
Did anyone go or remote bid? i'm interested in how much the 500mm Canon went for...
 
been to john pye a lot (and a lot of other auctions) as one of my businesses buys and sells from these auctions.

What I'm surprised that no one has mentioned is that John Pye regular weekday auctions are mainly for Dixons, PCWorld, sometimes John Lewis (and a few others) returns and damaged items!
So you are taking quite a chance purchasing expensive stuff from there as its most likely broken. Make sure you go on the viewing day and test everything thoroughly.

I gave up going after a while because people were purchasing stuff at prices higher that you could buy it new if you shop around. A few years ago prices were worth taking a risk, but not now. Although when I do go, its only to buy sealed software as you know that cant be broken.

(btw, there is a reason why Adam drives an Audi R8 :) )
 
You must log in or register to reply here.
Back
Top