High end charity bike auction - London

b-works10
b-works10 Posts: 152
edited July 2015 in Road general
Take a look at this event near London later in July.

http://www.veloauctions.co.uk

There are some truly lovely lots going under the hammer.

More to add too.

Comments

  • 964cup
    964cup Posts: 1,362
    And all of them for midgets. Not a top-tube over 55cm. My bank manager will be pleased...
  • Monty Dog
    Monty Dog Posts: 20,614
    Very optimistic pricing too
    Make mine an Italian, with Campagnolo on the side..
  • Anonymous
    Anonymous Posts: 79,667
    [url=http://www.bikeradar.com/forums/viewtopic.php?p=19644514#p19644514]Monty Dog[/url] wrote:
    Very optimistic pricing too

    Don't forget to add the £105 - £910 'purchasers premium' on the bikes listed if they sell at their guide prices.

    Its an auction though so no one is forcing you to pay more than you want, and the 28% commission seems to be going to good causes if you get caught up in a drink fuelled macho bidding war.

    It does not say what percentage goes to the charities though. Profits could be minimal (or even zero) after costs and wages couldn't they?
    Do they/should they not need to be a registered charity if thats the main purpose of the auctions?

    My other concern is what peoples reserves would be.

    I would pop along if I were still living in London though.
  • Anonymous
    Anonymous Posts: 79,667
    [url=http://www.bikeradar.com/forums/viewtopic.php?p=19644402#p19644402]964Cup[/url] wrote:
    And all of them for midgets. Not a top-tube over 55cm. My bank manager will be pleased...

    55cm is not exactly small.
    Your bank manager will be pleased if you go overdrawn anyway won't he :wink:

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