Ebay Copy (TopSeller) Cecil Washington On PROPHONICS

[Zanetti]

Hello dear people,
After the JM copy, the next rare groove is surprisingly thrown into the ring.
The betting offices are open!
The-Big-Game-Hunter (paperstax), in my opinion one of the top people together with the grenades from Durham (N.C.) and St.Louis (MO) is just putting another super auction online.
Cecil Washington in super condition (NM) -  
the auction runs as usual for another 6 and a half days.
I am curious - are you curious too? 

Stay Safe

Zanetti

 

[Mssoulie]

£20.00. Sorry

[Chalky]

[Vadnochka]

As I said last week - here they come - it's time to cash in and the comments about it not being as rare as some think are coming home to roost. We'll see eh

Steve

[Floyd]

HI 

the big game hunter  has or had multiple copies of this all m- and hes been quietly

knocking them out for at least the last 3 years as ive bid on them they all seemed to finish just over the two grand mark , which is a lot cheaper than Manships

be interesting to know how many he has left

ATB

Floyd

Edited November 2, 2021 by Floyd

[Blackpoolsoul]

49 minutes ago, Floyd said:

HI 

the big game hunter  has or had multiple copies of this all m- and hes been quietly

knocking them out for at least the last 3 years as ive bid on them they all seemed to finish just over the two grand mark , which is a lot cheaper than Manships

be interesting to know how many he has left

ATB

Floyd

We always said it was about a 2.5K max record and the sucker on Manships "should" be supporting charity than wasting money, It's a mad world

[Soulgalore]

40+ bids already with half made by one bidder, looks like somebody's playing 'silly bugger'.

[Zanetti]

1 Day 22 hrs Left [06/11/21] CEST 16:34

US$ 2,709.00

2345,15€

£2,006.97

¥307 241.24

 

 

[Frankie Crocker]

On 02/11/2021 at 13:03, Floyd said:

HI 

the big game hunter  has or had multiple copies of this all m- and hes been quietly

knocking them out for at least the last 3 years as ive bid on them they all seemed to finish just over the two grand mark , which is a lot cheaper than Manships

be interesting to know how many he has left

ATB

Floyd

Hi Floyd.

This is a really useful piece of information. I am on the mailing list, but do not recall Cecil in the last three years, but there may have been the odd one that I completely forgot about. Popsike reveals four mint copies sold in recent years, but only one clearly sold by paperstax. So, has a load turned up? Who found them and where? I think a lot of record dealers and collectors would be interested in hearing the facts.

[Floyd]

Hi

he doesnt put one up in every auction but from memory i recall bidding  at least twice  over the last 3-5 years

but at the time didnt rate it enough to pay over 2 grand for a copy, he also seems to have more than one copy of the martineques on Meo which i really would like to get a copy off but its already over $600 so i can see that easily going for over a grand

i dont think he has loads of copies but i wouldnt be surprised if hes still got copies of both records stashed away ready to put out every 12 months or so

be interesting to see if any more pop up over the next year or so

ATB

Floyd

[Blackpoolsoul]

1 hour ago, Zanetti said:

1 Day 22 hrs Left [06/11/21] CEST 16:34

US$ 2,709.00

2345,15€

£2,006.97

¥307 241.24

 

 

Does a UK buyer have to pay 20% import VAT on the hammer price ?

[Davlee]

20% vat plus import duty, plus post office charges 

based on last expensive recorded I won from USA 

[Zanetti]

6 hours ago, Davlee said:

20% vat plus import duty, plus post office charges 

based on last expensive recorded I won from USA 

yes, that's really unpleasant - all these elevated additions really go against the grain for me

[Soulman]

[Mark W]

Any mention of Cecil in that magazine “Hi Spots”?

[Soulman]

28 minutes ago, Mark W said:

Any mention of Cecil in that magazine “Hi Spots”?

Hi Mark, unfortunately not although I have another somewhere that does. I'll see if I can find it although I've a feeling it's in storage.

[Ted Massey]

12 hours ago, Davlee said:

20% vat plus import duty, plus post office charges 

based on last expensive recorded I won from USA 

Only if they put the correct figure on the ticket 

[Blackpoolsoul]

13 hours ago, Ted Massey said:

Only if they put the correct figure on the ticket 

True Ted, but the record will only be insured for what they put on the ticket, so that is a bit risky

[Stanley]

i must be the only one not to particularly like the tune , and sold mine a few years ago now.

buying now off ebay is not the same ...

[Blackpoolsoul]

On 06/11/2021 at 15:41, Zanetti said:

1 Day 22 hrs Left [06/11/21] CEST 16:34

US$ 2,709.00

2345,15€

£2,006.97

¥307 241.24

 

 

Hammer price £4,535.95

[Davlee]

wow

 

[The Tempest]

It was £3200 with ten minutes to go when I last looked ! Looks like the bids were coming thick and fast then towards the end ….

[Ted Massey]

  buyer was buying quite a lot from the list inc. United Sounds 

Edited November 8, 2021 by Ted Massey

[Ted Massey]

6 hours ago, Blackpoolsoul said:

True Ted, but the record will only be insured for what they put on the ticket, so that is a bit risky

it's always done thou most of the big US sellers do it automatically 

[Dave Pinch]

7 hours ago, Blackpoolsoul said:

True Ted, but the record will only be insured for what they put on the ticket, so that is a bit risky

especially when only 10ukp is on the package and it turns up completely folded in half and the contents dont survive

[Zanetti]

1 hour ago, Ted Massey said:

  buyer was buying quite a lot from the list inc. United Sounds 

Steve Jeffries?

[Frankie Crocker]

3 minutes ago, Zanetti said:

Steve Jeffries?

Maybe? Time will tell... Will look good in the online shop window, but the mark-up won’t tempt many. But, if I was a millionaire and didn’t have a copy of Cecil, I would splash out on a nice mint-unplayed one.

[Julianb]

Guess where it has just gone on sale at £5250?☹

[Zanetti]

 

On 28/11/2021 at 14:36, Julianb said:

Guess where it has just gone on sale at £5250?☹

 Excactly!

[Midnight Drifter]

...and hasn't sold yet..

[Frankie Crocker]

Totally predictable. And it won’t sell at that price, but it might look good in the ‘shop window’. Makes you wonder what deals are going on ‘under the table’? When one dealer’s records are often another dealer’s ‘auction wins’, sooner or later, punters will spot the unrealistic prices, potential inflation, records not selling and give the whole merry-go-round a big miss.

[davidwapples]

If it ended for £4500 and listed for £5250 then either its selling at a loss or they didnt pay import fees 

[Ted Massey]

Are we sure it’s the eBay one there seems to be a few about

[Tagtag]

12 hours ago, davidwapples said:

If it ended for £4500 and listed for £5250 then either its selling at a loss or they didnt pay import fees 

I'm not an expert but on £4500 then £900 VAT is due (20%) however if the buyer is VAT registered in the UK then they would claim this amount back on their VAT return.

VAT would then be due on the sale which I believe is calculated in a strange way on collectibles and second hand antiques etc. I believe 16.66% of the difference between the purchase price and the selling price would be due.

In this case the difference would be £750 hence £125 VAT due (16.66%).

If the seller is a limited company in the UK then 20% corporation tax would be payable on the year end profit.

FEW!!!

[Sebastian]

43 minutes ago, Ted Massey said:

Are we sure it’s the eBay one there seems to be a few about

 

Yes, it definitely is. 

[Blackpoolsoul]

50 minutes ago, Tagtag said:

I'm not an expert but on £4500 then £900 VAT is due (20%) however if the buyer is VAT registered in the UK then they would claim this amount back on their VAT return.

VAT would then be due on the sale which I believe is calculated in a strange way on collectibles and second hand antiques etc. I believe 16.66% of the difference between the purchase price and the selling price would be due.

In this case the difference would be £750 hence £125 VAT due (16.66%).

If the seller is a limited company in the UK then 20% corporation tax would be payable on the year end profit.

FEW!!!

Might there be Import duties as well when it arrives In the UK or is the VAT on the hammer price all that has to be paid

An Antique has to be over 100 years old for the tax people

Edited November 30, 2021 by Blackpoolsoul

[Tagtag]

As I say, I'm no expert, but I believe on this type of item it would be mainly VAT plus maybe administration charges.

[Sebastian]

38 minutes ago, Blackpoolsoul said:

Might there be Import duties as well when it arrives In the UK or is the VAT on the hammer price all that has to be paid

Ebay doesn't collect VAT on items with a hammer price that exceeds £135.

If the seller states the full value on the package then it's due for VAT and customs charges upon its arrival to the UK. If it gets "caught" that is.

 

[Blackpoolsoul]

1 hour ago, Sebastian said:

Ebay doesn't collect VAT on items with a hammer price that exceeds £135.

If the seller states the full value on the package then it's due for VAT and customs charges upon its arrival to the UK. If it gets "caught" that is.

 

Wow I never new that as everyone was moaning in the UK about it, perhaps they were cheaper items. I genuinely thought the £135 thing was EU since UK Brexited.

Thanks and very informative (I never buy of Evilbay).

So I assume the same applies with Discogs if a UK buys an item more than £135, as I thought VAT was (again) auto added at point of sale, no matter the price.

Edited November 30, 2021 by Blackpoolsoul

[Sebastian]

1 hour ago, Blackpoolsoul said:

Wow I never new that as everyone was moaning in the UK about it, perhaps they were cheaper items. I genuinely thought the £135 thing was EU since UK Brexited.

Thanks and very informative (I never buy of Evilbay).

So I assume the same applies with Discogs if a UK buys an item more than £135, as I thought VAT was (again) auto added at point of sale, no matter the price.

Yes, that should also be the case with Discogs. I'm not in the UK so don't know how Discogs apply VAT to UK orders, but it would surprise me if they charged VAT on orders over £135 as it's a UK governmental policy.

More info:
https://www.gov.uk/government/publications/changes-to-vat-treatment-of-overseas-goods-sold-to-customers-from-1-january-2021/changes-to-vat-treatment-of-overseas-goods-sold-to-customers-from-1-january-2021

[Blackpoolsoul]

On 30/11/2021 at 11:38, Sebastian said:

Yes, that should also be the case with Discogs. I'm not in the UK so don't know how Discogs apply VAT to UK orders, but it would surprise me if they charged VAT on orders over £135 as it's a UK governmental policy.

More info:
https://www.gov.uk/government/publications/changes-to-vat-treatment-of-overseas-goods-sold-to-customers-from-1-january-2021/changes-to-vat-treatment-of-overseas-goods-sold-to-customers-from-1-january-2021

Ebay are charging VAT at point of sale to the UK more than £135

THE STOPPERS - NORTHERN SOUL - DJ COPY - COME BACK BABY/THE LA LA SONG

Condition:

Used

“RECORD IS IN VG+ CONDITION”

Price:

US $299.99

Approximately £226.98

Buy it now

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No additional import charges on delivery.

This item will be sent through the Global Shipping Programme and includes international tracking. Learn more- opens in a new window or tab

Postage:

US $23.75 (approx. £17.97) International Priority Shipping to United Kingdom  | See details 

 

Located in:

Nicholson, Georgia, United States

Import charges:

US $73.13 (amount confirmed at checkout)  

Delivery:

Estimated between Fri. 24 Dec. and Tue. 28 Dec.  

Includes international tracking

Returns:

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[Soulhawk]

24 minutes ago, Blackpoolsoul said:

This item will be sent through the Global Shipping Programme

[Ficklefingers]

On 08/11/2021 at 16:26, Ted Massey said:

  buyer was buying quite a lot from the list inc. United Sounds 

and expect then to see them on a UK dealer list sometime soon - at even more than the already insanely inflated prices paid through ebay

 

[Sebastian]

On 09/12/2021 at 16:41, Blackpoolsoul said:

Ebay are charging VAT at point of sale to the UK more than £135

No additional import charges on delivery.

This item will be sent through the Global Shipping Programme

 

That's because the seller uses ebay's Global Shipping Programme. 

If the seller didn't, you wouldn't have to pay VAT at checkout. You would however have to pay it upon arrival to the UK and if the seller states the actual value on the customs form you will have to pay the appropriate sum, if the seller states a low value you would have to pay a nominal sum.

Hope this makes sense.

Ebay doesn't collect VAT on items over £135 unless the seller uses Global Shipping Programme. They (and the legal system) expects the seller to state the actual sale price of the item so that correct VAT and customs fees can be charged upon arrival to the destination country.

 

Edited December 11, 2021 by Sebastian

[Blackpoolsoul]

42 minutes ago, Sebastian said:

 

That's because the seller uses ebay's Global Shipping Programme. 

If the seller didn't, you wouldn't have to pay VAT at checkout. You would however have to pay it upon arrival to the UK and if the seller states the actual value on the customs form you will have to pay the appropriate sum, if the seller states a low value you would have to pay a nominal sum.

Hope this makes sense.

Ebay doesn't collect VAT on items over £135 unless the seller uses Global Shipping Programme. They (and the legal system) expects the seller to state the actual sale price of the item so that correct VAT and customs fees can be charged upon arrival to the destination country.

 

Amazing how Tax simplification is never simple