Cottees Auction of coin operated machines

Discuss our on-site auctions and other slot machine auctions.
ab88
Posts: 26
Joined: Thu Sep 02, 2021 9:15 am
Reaction score: 0

Re: Cottees Auction of coin operated Machines

Post by ab88 »

And there you go, all the banging on about in person auctions..... someone holds one and it's 'too far'.

It would appear to be a no-win situation, and in such a niche world you aren't going to get many 'having a go'.
pennymachines
Site Admin
Posts: 6638
Joined: Wed Nov 06, 2002 12:12 am
Reaction score: 56
Location: The Black Country

Re: Cottees Auction of coin operated Machines

Post by pennymachines »

aristomatic wrote: Thu Jun 09, 2022 5:55 pm Is this single collector machines plus any others now adding to it?
cottees wrote: Wed Jun 08, 2022 10:07 am Over 30 machines consigned already, new consignments welcome.
User avatar
moonriver
Posts: 930
Joined: Wed Oct 16, 2013 12:56 am
Reaction score: 3

Re: Cottees Auction of coin operated Machines

Post by moonriver »

bill wrote: Fri Jun 10, 2022 9:25 am Wareham?? The auction is in Poole, Dorset.
9 miles :!?!:
jimmycowman
Posts: 762
Joined: Thu Feb 02, 2006 6:05 pm
Reaction score: 0
Location: staffordshire

Re: Cottees Auction of coin operated Machines

Post by jimmycowman »

ab88 wrote: Fri Jun 10, 2022 10:09 am And there you go, all the banging on about in person auctions..... someone holds one and it's 'too far'.

It would appear to be a no-win situation, and in such a niche world you aren't going to get many 'having a go'.
If there was a particular machine I wanted I'd be there. Years back I attended the Salisbury one in that direction and came back with a few. For me it's a good way to go for a look. I think it's excellent that live auctions are back so it's a win win.
User avatar
treefrog
Posts: 4813
Joined: Mon Sep 29, 2008 2:46 pm
Reaction score: 31
Location: Suffolk

Re: Cottees Auction of coin operated Machines

Post by treefrog »

Doesn’t matter where it is held in the country, not everyone will be happy. The key here on this is % rates, so good on Cottees… Sets a precedent IMO ;-) and you can attend if you choose… Maybe other auctions houses can be urged to change as well, including up north. :cool:
aristomatic
Posts: 1123
Joined: Thu Sep 10, 2009 8:13 pm
Reaction score: 4

Re: Cottees Auction of coin operated Machines

Post by aristomatic »

Didn't another auction house have a number of machines consigned @ 10% buyers commission, fairly recently, but only on the machines? I think if I was consigning 30 odd machines to my local auction I would be negotiating some similar kind of deal to drive bids up and reduce my commission, especially in the current climate.
jimmycowman
Posts: 762
Joined: Thu Feb 02, 2006 6:05 pm
Reaction score: 0
Location: staffordshire

Re: Cottees Auction of coin operated Machines

Post by jimmycowman »

If so great 👍👍👍👍
mr merrivale
Posts: 170
Joined: Wed Apr 27, 2016 1:08 pm
Reaction score: 3

Re: Cottees Auction of coin operated Machines

Post by mr merrivale »

I think the buyers % is 18% plus VAT.
And a few of the allwins look like they are similar to the ones in the Spicers sale.
cottees
Posts: 12
Joined: Mon Nov 30, 2020 3:14 pm
Reaction score: 0

Re: Cottees Auction of coin operated Machines

Post by cottees »

The buyers and sellers premium for this auction is 10% + VAT. Items can be bought online or in the room.
mr merrivale
Posts: 170
Joined: Wed Apr 27, 2016 1:08 pm
Reaction score: 3

Re: Cottees Auction of coin operated Machines

Post by mr merrivale »

Thanks for the details on %
mr merrivale
Posts: 170
Joined: Wed Apr 27, 2016 1:08 pm
Reaction score: 3

Re: Cottees Auction of coin operated Machines

Post by mr merrivale »

Confused - the catalogue states 21.6% buyers.
User avatar
treefrog
Posts: 4813
Joined: Mon Sep 29, 2008 2:46 pm
Reaction score: 31
Location: Suffolk

Re: Cottees Auction of coin operated Machines

Post by treefrog »

Seems clear to me, copied from Cottees website: :D
Attachments
692EA133-FF38-4629-9970-9A9611F416CBa.jpg
paul
Posts: 31
Joined: Tue Jun 12, 2012 9:02 am
Reaction score: 0

Re: Cottees Auction of coin operated Machines

Post by paul »

Yes this auction has been talked about (or planned) since they last had a few slots for sale during lockdown (10% fees). I was talking a while ago to a gentleman loosely connected to them and they were toying with the idea of regular auctions, so guys it's up to you whether it succeeds or not. My own personal opinion is that it's got to be better than online auctions, but then I am still living in the past according to my wife. By the way, for bandit collectors, some really nice ones entered.
scorpa163
Posts: 119
Joined: Wed Mar 05, 2014 8:32 pm
Reaction score: 0
Location: Halifax

Re: Cottees Auction of coin operated Machines

Post by scorpa163 »

The commission charges are very misleading.
If you look at individual machines on their catalog it says 21.6% and 25.2% depending how you bid.
User avatar
arrgee
Posts: 1589
Joined: Thu Feb 08, 2007 11:56 am
Reaction score: 5
Location: North Wiltshire

Re: Cottees Auction of coin operated Machines

Post by arrgee »

paul wrote:My own personal opinion is that it's got to be better than online auctions
I would agree paul, there is no better way to assess a machine than by carefully looking at it 'in the flesh' inside and out, but as you say this is a personal opinion and there are many happy to bid on line. Would be interesting if this auction house did have regular machine sales.
cottees
Posts: 12
Joined: Mon Nov 30, 2020 3:14 pm
Reaction score: 0

Re: Cottees Auction of coin operated Machines

Post by cottees »

For collections or deliveries of arcade machines please contact Alan on 07711410079 or email: amicuscouriers@hotmail.com
User avatar
treefrog
Posts: 4813
Joined: Mon Sep 29, 2008 2:46 pm
Reaction score: 31
Location: Suffolk

Re: Cottees Auction of coin operated Machines

Post by treefrog »

Hi Cottees

Can you confirm any reserves are at least at the lowest estimate or below? Many thanks.

I see some more interesting items added today, including the Matthewsons Football game from Spicers auction earlier in the year, adding to a few others from that auction. They certainly move around.

Looking good so far !THUMBS!
cheeky
Posts: 631
Joined: Thu Mar 31, 2005 8:19 pm
Reaction score: 2
Location: North East Essex

Re: Cottees Auction of coin operated Machines

Post by cheeky »

Those commission fees seem to be all over the place. Also only one day to view. That’s a pain because I’m there a few days beforehand. Should be an interesting auction though.
User avatar
treefrog
Posts: 4813
Joined: Mon Sep 29, 2008 2:46 pm
Reaction score: 31
Location: Suffolk

Re: Cottees Auction of coin operated Machines

Post by treefrog »

Commissions are clear. They have also updated listings as well, as they must have be a default setting. One day viewing is common with auction houses, but I agree perhaps Cottees could have started the auction at 11 or even 12, given the distance many will travel on the day and open at 9 for viewing on the day of the auction. Not everyone can afford staying the night before. Also there are not 600 lots to go through (unless loads are dropped in at the last minute), so starting later would have made sense, as even a 1pm start, it would be finished by 3.. For me to get there for 9, would mean leaving at 5 in the morning. :shock:

Another odd one, whoever created the listings has not included standard keywords like “one arm band” or “slot machine”. As such, most will be missed by saved searches and people looking. Good for the buyers who are aware of course. :lol:
cottees
Posts: 12
Joined: Mon Nov 30, 2020 3:14 pm
Reaction score: 0

Re: Cottees Auction of coin operated Machines

Post by cottees »

Thank you for your comments. We have taken your point into consideration and we are now starting the coin operated machines at 11.30am on 2nd July 2022 at lot 1.

For anyone wishing to view between now and the auction, just give us a call to arrange a viewing and we would be more than happy to accommodate.
Post Reply

Who is online

Users browsing this forum: No registered users and 28 guests