Mechanical Music Digest  Archives
You Are Not Logged In Login/Get New Account
Please Log In. Accounts are free!
Logged In users are granted additional features including a more current version of the Archives and a simplified process for submitting articles.
Home Archives Calendar Gallery Store Links Info

End-of-Year Fundraising Drive In Progress. Please visit our home page to see this and other announcements: https://www.mmdigest.com     Thank you. --Jody

MMD > Archives > June 2006 > 2006.06.04 > 02Prev  Next


Prices Realized - Gerald Stonehill Collection
By Julian Dyer

The prices realised in the Stonehill sale were not as reported in
yesterday's MMD -- the piano and roll prices got mixed up.

The prices can be found on the Christies web site, as reported a couple
of days back, but note that this only reports the sum received by the
auction house, namely the hammer price plus the 20% commission, but not
the 17.5% value-added (sales) tax added to the commission element.  To
figure out what the lucky buyer has to pay you need to add 2.92% to the
quoted figure.  I'm not sure whether non-EU buyers can claim back this
type of VAT, as it's part of a special arrangement known as the
"auctioneers margin scheme" that is rather opaque.  Assuming the worst,
the prices were...

The rolls sold for GBP 59,280.  For 4000 rolls that's GBP 14.82 each,
say US$ 27.89.

The Steinway model B Duo-Art grand sold for GBP 49,400 (US$ 92,950).

The "robot", a made-up Duo-Art pushup, sold for GBP 6175 (US$ 11,620).

The somewhat tired Weber model 12 pedal-electric grand sold for
GBP 2346 (US$ 4415).

Julian Dyer


(Message sent Mon 5 Jun 2006, 01:18:30 GMT, from time zone GMT+0100.)

Key Words in Subject:  Collection, Gerald, Prices, Realized, Stonehill

Home    Archives    Calendar    Gallery    Store    Links    Info   


Enter text below to search the MMD Website with Google



CONTACT FORM: Click HERE to write to the editor, or to post a message about Mechanical Musical Instruments to the MMD

Unless otherwise noted, all opinions are those of the individual authors and may not represent those of the editors. Compilation copyright 1995-2024 by Jody Kravitz.

Please read our Republication Policy before copying information from or creating links to this web site.

Click HERE to contact the webmaster regarding problems with the website.

Please support publication of the MMD by donating online

Please Support Publication of the MMD with your Generous Donation

Pay via PayPal

No PayPal account required

                                     
Translate This Page