Discuss our on-site auctions and other slot machine auctions.
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woody
Posts: 56
Joined: Sun Apr 10, 2005 6:09 pm
Location: Nottingham

NIC COSTA Auction

Postby woody » Tue Jan 17, 2006 11:20 pm

THE NIC COSTA COLLECTION OF AMUSEMENT MACHINES, Sale 4107
January 19, 2006, London, South Kensington - Hello Fellow collectors - Could anyone be able to tell me if the results of this auction will be available on-line at all, either on the Auction website or here on this excellent forum

Thanks
Woody

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nobby.pennytoy
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Joined: Wed Dec 01, 2004 6:13 pm
Location: Robin Hood Country

The Nic Costa Collection of Amusement Machines results.

Postby nobby.pennytoy » Fri Jan 20, 2006 11:09 am

The Nic Costa Collection of Amusement Machines results are now online at http://www.christies.com/auction/result ... no=CSK4107

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john t peterson
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Postby john t peterson » Fri Jan 20, 2006 6:48 pm

I noticed there were items which failed to sell. This suggests there were reserves that were not met. The prices realized seemed to track the pre-auction estimates for the most part which I thought were on the low side. This suggests some possible concerns over condition of various pieces. Anyone who went to the auction care to comment?

cheeky
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Location: North East Essex

Postby cheeky » Fri Jan 20, 2006 7:50 pm

Ooops, the GUEST comments above can be attributed and blamed on me. I forgot to log-on!

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daveslot
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Location: wilts/dorset/somerset border

Postby daveslot » Fri Jan 20, 2006 9:01 pm

Condition was a problem. Some with odd bits stuffed in the back, most not working, though some examples were very original. I think the main problem was the venue. I think London being the worst place to hold an auction, with limited parking, meters, if you could find one, £3 an hour limited to 2 hours, traffic wardens passing every 10 minutes, even my mate got a ticket and he was displaying a disabled parking thingy, so a lot of people travelled by train, so had to carry stuff home!
Buyers' commission of nearly 25%! (20%plus vat).
Bidding increments of £50 up to £1000.
They only take £5000 cash per person per year, credit card charge. If pay by cheque, cannot take goods till cleared, then items stuffed in storage by an independent firm charging large transfer / storage fees after a week.
Enough of my rantings, :evil: I was pleased with the items I bought :D


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