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Auction price of an English longcase

Enavance

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Apr 10, 2020
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This fine clock by Richard Peckover, estimated £ 4,000-6000, just sold at auction for £ 8,000 hammer , around £ 10,000 with buyer's premium.

In 2020, with an estimate of £ 10,000-15,000, it was passed.

In 2008, the same clock was auctionned for £ 43'250, almost £ 60,000 today, according to the inflation calculator of Bank of England.

A spectacular loss of value in only 13 years !

H20267-L273479896_original.jpg
 

agemo

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Apr 5, 2011
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Hi,
I think that the Brexit has happened, European buyers are more cautious because there are also customs taxes.
A market with fewer buyers lowers prices.

Amicalement GG
 

Enavance

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Apr 10, 2020
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Hi,
I think that the Brexit has happened, European buyers are more cautious because there are also customs taxes.
A market with fewer buyers lowers prices.

Amicalement GG
Hi,
You may be right, but I don't think that it is the main reason. I think that most buyers interested in such a clock live in England and in the US. For them, the Brexit changed nothing.
 

DeanT

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Mar 22, 2009
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Brexit has certainly had an impact. I can tell from my own personal experience.

Looking at the clock I think they paid too much in 2008.
 
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agemo

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Apr 5, 2011
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Hi,
You may be right, but I don't think that it is the main reason. I think that most buyers interested in such a clock live in England and in the US. For them, the Brexit changed nothing.
I used to order and buy from the UK, I don't anymore, and I maintain that the Brexit has changed a lot for us Europeans.
For some products, I have as much taxes as the product I bought, and the delays are very long.

Amicalement GG
 
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rodabod

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Feb 10, 2021
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I think long case prices have been dropping for some time. Perhaps partly because of the amount of room they take up - not suitable for smaller living spaces and not as easy to collect as say, bracket clocks.
 

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