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27 November 2021, 04:25 AM
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#1 |
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"TRF" Member
Join Date: Aug 2019
Real Name: Bill
Location: NYC
Posts: 1,735
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Phillips Hong Kong Auction Nov 25-26 - question
Does anyone know if the prices listed online for this recent auction are reflective of hammer price or if they include the buyer’s premium? Thanks!
https://www.phillips.com/auctions/auction/HK080221 |
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27 November 2021, 04:43 AM
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#2 |
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"TRF" Member
Join Date: Mar 2019
Location: London
Posts: 75
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Won't that be the hammer price with BP on top?
Sent from my SM-G986B using Tapatalk |
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27 November 2021, 04:49 AM
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#3 | |
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"TRF" Member
Join Date: Aug 2019
Real Name: Bill
Location: NYC
Posts: 1,735
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Quote:
Sometimes the final price with the buyer’s premium added is updated at a later time. I’m just trying to determine whether that has occurred yet. I’m hoping that somebody who was watching the auction would be able to confirm which price is currently listed. Thanks. |
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27 November 2021, 04:51 AM
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#4 | |
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2024 Pledge Member
Join Date: May 2016
Location: UK
Posts: 4,195
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Quote:
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27 November 2021, 04:58 AM
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#5 | |
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"TRF" Member
Join Date: Aug 2019
Real Name: Bill
Location: NYC
Posts: 1,735
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Quote:
The other way to know for sure is just to wait another day or two. By that time the final price is listed. |
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27 November 2021, 05:54 AM
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#6 |
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"TRF" Member
Join Date: Nov 2018
Location: Europe
Posts: 3,275
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Just looking at the first three lots (15202, 5711 blue, CB) I'd bet that the prices already include the buyer's premium. Not the farm, but nearly EUR 120k for a 2013 5711 blue that has very obviously been polished is more than enough.
Auction houses often list the hammer prices while the auction is still ongoing but in my experience they adjust the prices to include the premium soon after the last lot has been sold. |
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27 November 2021, 06:04 AM
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#7 |
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"TRF" Member
Join Date: Jul 2019
Real Name: Eduard
Location: Europe
Posts: 331
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What you see now, ie the prices in pink are final prices including premium
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27 November 2021, 02:40 PM
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#8 |
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"TRF" Member
Join Date: Apr 2019
Location: Hong Kong
Posts: 528
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Day 2 results have not been updated for the BP yet.
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