Bonhams Pen Auction, June 11: The Wilmore Montblanc Collection

[Chrissy]

I was going to ask whether it's being shipped from the US or the UK but I guess the last few posts has answered my question.

[Kid Parker]

Like it? It's gorgeous! A tip o' the hat to Patrick Sumner indeed.

 

One question... I note several numbered lot descriptions with no photo. What does that mean?

 

Seeing the printed photos of Namiki maki-e pens makes them pop out!

 

 

Thank you, Tenney and all others, for the kind comments!

 

Your question about pens not illustrated in the catalogue is a good one. For the most part, lots that are not illustrated in the catalogue are represented by other, quite similar pens that are illustrated. For example, lots 45, 46 & 47 are all Meisterstuck Solitaires in white gold, with central bands ringed with diamonds, each limited to 75 examples. One is a 146, one is a 162, and one is a 163. Due to space considerations, only lot 45 (the 163) is illustrated. The other pens are identical, except for size. Naturally, photos of any pen not illustrated in the catalogue will be provided upon request!

 

Incidentally, I'm in Hong Kong now for the highlights preview. Interest has been brisk, and it's been wonderful to meet several Asian clients with whom I'd previously only had contact with through email. There was even an article in the South China Morning Post about fountain pens, and how they are becoming an exciting new collecting area for young folks with no prior acquaintance with them.

[ianmedium]

Hopefully mine will reach the great white north sometime next week, can't wait to see it, thank you again Ivan.

[Chrissy]

I live in the UK and am happy to report that my catalogue has safely made it across the pond and reached me in excellent condition. Thank you once more.

 

Hopefully yours will arrive shortly Ian

[Pen Nut]

I live in the UK and am happy to report that my catalogue has safely made it across the pond and reached me in excellent condition. Thank you once more.

 

Hopefully yours will arrive shortly Ian

 

Same here !!! Cracking catalogue and a big to Ivan for making it possible.

[Rowbo]

It's arrived!

 

Many thanks Ivan

[alanpoon88]

Hi,

 

Anyone familiar with how Bonham's final purchase price for an item is calculated? I read the Conditions of Sale and think I understand, but want to make sure...

 

For example, if the hammer price is $1000 then the final price is as follows:

A) hammer price $1000 +

B ) premium (25% of $1000) $250 +

C) sales tax as applicable (8.875% for New York)

= $1360.94

 

If paid via cash or "cash equivalent" then premium is at 23% $250 --> $230

 

Is this correct?

 

Thanks

Edited May 26, 2012 by alanpoon88

[pennamer]

Hi,

 

Anyone familiar with how Bonham's final purchase price for an item is calculated? I read the Conditions of Sale and think I understand, but want to make sure...

 

For example, if the hammer price is $1000 then the final price is as follows:

A) hammer price $1000 +

B ) premium (25% of $1000) $250 +

C) sales tax as applicable (8.875% for New York)

= $1360.94

 

If paid via cash or "cash equivalent" then premium is at 23% $250 --> $230

 

Is this correct?

 

Thanks

 

The NY sales tax would apply only if you collect the item from Bonham's or if you had Bonham's ship the item (at additional cost) to a NY address. Otherwise, your calculation is correct.

 

Given that you are in Canada, what will really kill you is the HST, import duties, and brokerage fees that will be levied when the item comes into Canada. Note that, even though the item would be shipped from the US, Canadian import duties (roughly 12-15%) would apply, because the country of manufacture (Germany) is outside the NAFTA free trade zone. By way of example, a CDN $4,900 pen that I won at Bonham's auction in 2010 cost an additional $965 in GST/PST (HST for you), import duties, and brokerage fees (UPS in my case, although FedEx is the Bonham's preferred shipper).

[alanpoon88]

Hi,

 

Anyone familiar with how Bonham's final purchase price for an item is calculated? I read the Conditions of Sale and think I understand, but want to make sure...

 

For example, if the hammer price is $1000 then the final price is as follows:

A) hammer price $1000 +

B ) premium (25% of $1000) $250 +

C) sales tax as applicable (8.875% for New York)

= $1360.94

 

If paid via cash or "cash equivalent" then premium is at 23% $250 --> $230

 

Is this correct?

 

Thanks

 

The NY sales tax would apply only if you collect the item from Bonham's or if you had Bonham's ship the item (at additional cost) to a NY address. Otherwise, your calculation is correct.

 

Given that you are in Canada, what will really kill you is the HST, import duties, and brokerage fees that will be levied when the item comes into Canada. Note that, even though the item would be shipped from the US, Canadian import duties (roughly 12-15%) would apply, because the country of manufacture (Germany) is outside the NAFTA free trade zone. By way of example, a CDN $4,900 pen that I won at Bonham's auction in 2010 cost an additional $965 in GST/PST (HST for you), import duties, and brokerage fees (UPS in my case, although FedEx is the Bonham's preferred shipper).

 

Thank you Pennamer. I will have to take into account HST and import duties when bidding. Kind of sucks, but we can't get away with the taxes!

[DeScribe]

Gee. I guess I am too late to see this post. Congrats to those who gotten the nice catalogue. I should have paid more attention to FPN. :bonk:

[alanpoon88]

Does anyone know what Bonham charges for handling fee if the item needs to be shipped to destination X (within the US). Also, usual FedEx or UPS charges?

 

Thanks

[Pen Nut]

Anybody care to say what 'beauty' they have a bidding interest in? Lot 245 has caught my eye but unfortunately me looking at lot 245 has caught the eye of Mrs Pen Nut and she assures me the medical people will not be able to stitch 'it' back on again ! :embarrassed_smile:

[Chrissy]

Does anyone know what Bonham charges for handling fee if the item needs to be shipped to destination X (within the US). Also, usual FedEx or UPS charges?

 

Thanks

It sounds like it's a question worth asking Bonhams

[Chrissy]

Anybody care to say what 'beauty' they have a bidding interest in? Lot 245 has caught my eye but unfortunately me looking at lot 245 has caught the eye of Mrs Pen Nut and she assures me the medical people will not be able to stitch 'it' back on again ! :embarrassed_smile:

I can confirm that lot 245 is not on my 'possible' list :ph34r:

[penguyinto]

I don't have the catalogue in front of me, but both Black Widows (the "8" and "88" editions) and the Charlie Chaplin will be of great interest here.

[alanpoon88]

JP Morgan 888

[adelaidepen]

I can safely say that many of the lots will go for far above the estimates quoted. I also imagine several buyers will also get a "steal" at well below the low estimate prices if previous Bonhams prices are anything to go buy (POAs for example). The big question is whether there are reserves on many pens? If so, the number of "steals" might then be limited (and one or two of my "cheeky" bids will not even get off the starting block!!).

Look for good (above high estimate) prices on 222, 228, 231, 255, 256, 260, 273, 275, 286 - if the right buyers are biding these will all be competitive at the listed estimates. It will be interesting to see if I'm right :-)

[georges zaslavsky]

that is why I never limited editions and also at auctions,insane fees make the pens very expensive for what they are. Sorry but this is just my personal opinion.

Edited June 9, 2012 by georges zaslavsky

[Pen Nut]

Will it be possible for the prices attained to be posted in this thread at some time ?

[lsmith42]

Will it be possible for the prices attained to be posted in this thread at some time ?

You can watch here... most seem low... must not be serious demand right now...

 

http://www.bonhams.com/auctions/20002/#MR1_results_per_page=100&MR1_module_instance_reference=1