New Bonham's Auction

[mywei]

I'm sure many members already aware but

 

http://www.bonhams.com/auctions/24721/?utm_source=bonhams&utm_medium=email&utm_campaign=STS_ArtsOfTheSamurai_24721&utm_content=link1

[Jean]

Thanks Matt for this link, I was not aware of this auction. As I am not a specialist of tsuba or auctions in general’ what do you think of the estimations?

[TheGermanBastard]

Some very sweet pieces. Espeically teh Tsuba. Wonderfull. prices seem to be too high atleast for my walltet but I believe that the estimates are too high in general, especially given you have to pay their premoum in addition.

 

Seeing for example a Murmasa Yari with old papers makes me wonder ...

[Alan F]

Check out Lot 419, Juyo Y. Ichimonji (Nanbokucho) http://www.bonhams.com/auctions/24721/lot/419/?category=list&length=10&page=12

If I am not mistaken, isn't that the same Nanbokucho sword and fittings that Fred Weissberg had for sale recently? It was discounted to $35,000 for a quick sale.

Even if it sells for the low estimate, the buyer has to pay a 25% premium (plus taxes I suspect). They don't tell you what the seller's premium is.

 

To answer Jean's question: I would think the estimates are a bit high, especially considering the current sword market and the economy.

 

Alan

[Stephen]

USA

 

The following rates of Buyer's Premium will be added to the Hammer Price of each Lot that you purchase:

For all Sales categories (excluding Arms & Armor, Coins & Medals, Motor Cars, Motorcycles, and Wine & Whisky)

25% on the first $150,000 of the Hammer Price
20% from $150,001 to $3,000,000 of the Hammer Price
12% on the excess over $3,000,001 of the Hammer Price

Arms & Armor

17% on the first $100,000 of the Hammer Price
10% on the excess over $100,000 of the Hammer Price

Coins & Medals

17% on the Hammer Price of each Lot

Motor Cars (excluding Automobilia)

10% on the Hammer Price of each Lot

Motorcycles (excluding Automobilia)

15% on the first $100,000 of the Hammer Price
10% on the excess over $100,001 of the Hammer Price

Wine & Whisky

20% on the Hammer Price of each Lot

For each Sale category applicable Sales or Use Tax will be added to the Buyer's Premium and charges

[Stephen]

UNITED KINGDOM

The following rates of Buyer's Premium will be added to the Hammer Price of each Lot that you purchase:

For all Sales categories excluding Wine, Coins & Medals and Motor Cars and Motorcycles

Buyer's Premium Rates

25% on the first £100,000 of the hammer price

20% on the excess of £100,001 and up to £2,000,000 of the hammer price

12% on the excess of £2,000,001 of the hammer price

Wine

17.5% of the Hammer Price

Coins & Medals

20% on the first £70,000 of the Hammer Price

15% on the excess over £70,001 of the Hammer Price

Motor Cars and Motorcycles (excluding Automobilia)

15% on the first £50,000 of the Hammer Price

12% on the excess over £50,001 of the Hammer Price

On certain Lots marked 'AR' in the catalog an Additional Premium will be payable by the Buyer for royalties relating to the Artists Resale Right Regulations 2006 currently:

Hammer Price

From €0 to €50,000 Percentage 4%

From €50,000.01 to €200,000 Percentage 3%

From €200,000.01 to €350,000 Percentage 1%

From €350,000.01 to €500,000 Percentage 0.5%

Exceeding €500,000 Percentage 0.25%

For each Sale category VAT at the current rate of 20% will be added to the Buyer's Premium and charges excluding Artists Resale Right.

Charges payable by the Buyer for costs such as storage, removal and transport of a Lot are detailed in each catalog.

[TheGermanBastard]

Check out Lot 419, Juyo Y. Ichimonji (Nanbokucho) http://www.bonhams.com/auctions/24721/lot/419/?category=list&length=10&page=12

If I am not mistaken, isn't that the same Nanbokucho sword and fittings that Fred Weissberg had for sale recently? It was discounted to $35,000 for a quick sale.

Even if it sells for the low estimate, the buyer has to pay a 25% premium (plus taxes I suspect). They don't tell you what the seller's premium is.

 

To answer Jean's question: I would think the estimates are a bit high, especially considering the current sword market and the economy.

 

Alan

 

So that is atleast around 65.000 USD estimate inlcuding premium ... too much for an unsigned Ichomonji in my cheap oppinion. USD 35.000 is more realsitic in the current market.

[Jean]

Thanks Alan and Luis.

 

Curran, Marius, Pete, other opinions on tsuba?