Do you think my missus would let me buy it if I said it would be a great investment?

[thebrig]

https://www.ebay.co.uk/itm/Vintage-1953-Fender-Precision-Bass-w-gig-bag-EXC/162966628913?hash=item25f1916a31:g:m3MAAOSw4LdZ3aKd

 

[fleabag]

Of course  she would. Wives are very amenable when it comes to another expensive bass purchase

I'll probably only cost you a vintage , unmarked , as new , vintage Louis Vuitton handbag

Edited March 29, 2018 by fleabag

[Happy Jack]

65 years old. Astonishing condition ...

[Paul S]

I didn't know you'd met Mrs Brig, HJ...

[thebrig]

4 hours ago, Paul S said:

I didn't know you'd met Mrs Brig, HJ...

I would happily tell she's in astonishing condition if she would allow me to buy this 

[thebrig]

I've just been working out how much it would cost after duty and tax using "Simply Duty" at www.simplyduty.com/import-calculator/

Here's the result: £16,615.55

Importing a product classified with HS Code 9202.90.3000 to GB from US
with a value of 18500.00 USD results in the following:
Duty & Tax Charges
Duty: 440.73 GBP (Rate of 3.2%)
VAT: 2842.71 GBP (Rate of 20%)
Total: 3283.44 GBP
Your Total Landed Cost Calculation
Value of Goods: 18500 USD
Duty: 440.73 GBP
VAT: 2842.71 GBP
Shipping: 855.29 USD
Insurance: 0 USD
Total: 16615.55 GBP
This calculated using an exchange rate: USD:GBP 0.71158

Edited March 30, 2018 by thebrig

[EssentialTension]

Looks like whoever played it used the tugbar correctly and often.

[EssentialTension]

... the bass that is, not Mrs Brig.

[thebrig]

The first commercial release of the Precision bass was in October 1951, the neck is dated 5th May 1953 on this one, so this really is a museum piece.

I want it!!!

[Bassassin]

4 hours ago, thebrig said:

I've just been working out how much it would cost after duty and tax using "Simply Duty" at www.simplyduty.com/import-calculator/

Here's the result: £16,615.55

Importing a product classified with HS Code 9202.90.3000 to GB from US
with a value of 18500.00 USD results in the following:
Duty & Tax Charges
Duty: 440.73 GBP (Rate of 3.2%)
VAT: 2842.71 GBP (Rate of 20%)
Total: 3283.44 GBP
Your Total Landed Cost Calculation
Value of Goods: 18500 USD
Duty: 440.73 GBP
VAT: 2842.71 GBP
Shipping: 855.29 USD
Insurance: 0 USD
Total: 16615.55 GBP
This calculated using an exchange rate: USD:GBP 0.71158

Look on the bright side - the maple fingerboard at least means it won't be impounded & then destroyed by UK customs for breaching the new CITES reguations!

[TheGreek]

Personally I'd be careful with the "it would be a great investment?" route.

I'm sure she'll find loads of shoes and bags which could fit that description. 

[yorks5stringer]

Wow, that looks authentic even down to the collapsed saddles.

[thebrig]

I'm no expert by any means, but I do keep an eye on what vintage Fenders tend to go for, and I would say that £16,000 is a fair price for an instrument of this age and quality.

If this is genuine and can be authenticated, I would say that it would be a great investment.

I am so tempted, and I could take the missus to the States with me to pick it up personally, the saving on the shipping (855.29 USD) would go a long way to funding the trip.

Edited March 31, 2018 by thebrig

[yorks5stringer]

2 hours ago, thebrig said:

I'm no expert by any means, but I do keep an eye on what vintage Fenders tend to go for, and I would say that £16,000 is a fair price for an instrument of this age and quality.

If this is genuine and can be authenticated, I would say that it would be a great investment.

I am so tempted, and I could take the missus to the States with me to pick it up personally, the saving on the shipping (855.29 USD) would go a long way to funding the trip.

Just think of the saving if you went on your own...!

[EssentialTension]

2 hours ago, thebrig said:

I'm no expert by any means, but I do keep an eye on what vintage Fenders tend to go for, and I would say that £16,000 is a fair price for an instrument of this age and quality.

If this is genuine and can be authenticated, I would say that it would be a great investment.

I am so tempted, and I could take the missus to the States with me to pick it up personally, the saving on the shipping (855.29 USD) would go a long way to funding the trip.

And on the return flight would you let the baggage handlers put it in the hold for you?

[thebrig]

2 hours ago, EssentialTension said:

And on the return flight would you let the baggage handlers put it in the hold for you?

If I take york5stringer's advice, I could book a seat next to me for the the bass instead of the missus 

[fleabag]

On 30/03/2018 at 13:25, thebrig said:

I've just been working out how much it would cost after duty and tax using "Simply Duty" at www.simplyduty.com/import-calculator/

Here's the result: £16,615.55

Importing a product classified with HS Code 9202.90.3000 to GB from US
with a value of 18500.00 USD results in the following:
Duty & Tax Charges
Duty: 440.73 GBP (Rate of 3.2%)
VAT: 2842.71 GBP (Rate of 20%)
Total: 3283.44 GBP
Your Total Landed Cost Calculation
Value of Goods: 18500 USD
Duty: 440.73 GBP
VAT: 2842.71 GBP
Shipping: 855.29 USD
Insurance: 0 USD
Total: 16615.55 GBP
This calculated using an exchange rate: USD:GBP 0.71158

Just to prove what a bunch of Dik Turpins the Customs and Theft crew are, VAT is added to the cost of shipping , so  they see the value of the item as $18,500 +  $855.29 and then VAT is added.

Hows about that for legal daylight robbery.   They're ultimately stating that you bought a bass worth  $18,588.29 when in fact the value of the bass was what the shop charged for it.

Thieving  gov.dept.scum

 

And they wonder why some self employed people do cash work

Edited April 1, 2018 by fleabag

[Paul S]

7 hours ago, fleabag said:

Just to prove what a bunch of Dik Turpins the Customs and Theft crew are, VAT is added to the cost of shipping , so  they see the value of the item as $18,500 +  $855.29 and then VAT is added.

Hows about that for legal daylight robbery.   They're ultimately stating that you bought a bass worth  $18,588.29 when in fact the value of the bass was what the shop charged for it.

Thieving  gov.dept.scum

 

And they wonder why some self employed people do cash work

To be fair, the people that work for HMRC are just a bunch of normal, overworked pen pushers doing their job*.  It would be the Treasury, then the House of Commons, who made and passed the laws, who you should be directing your ire towards.  If you disagree strongly about how import duty and VAT are calculated, you should lobby your MP because, ultimately, it is their responsibility

*I don't, never have, although I know a couple of people who did.

Edited April 1, 2018 by Paul S

[fleabag]

zzzzz

[Paul S]

Yeah, I know.  Always makes me sleepy when facts are pointed out that get in the way of a good rant.

[fleabag]

No,  pedants  just make me  sleepy

Edited April 1, 2018 by fleabag

[Paul S]

Actually, pedant is the wrong word.  It means 'a person who is too interested in formal rules and small details that are not important

and what you said was factually incorrect, not merely a small unimportant detail.

However, I accept that this post may have been pedantic.  

 

 

[Rick's Fine '52]

Fab bass in the OP, I have a near mint '53, it looks like its never been played, the neck is brand new. Investment wise, you can't go wrong, the best examples of the rarest things will always appreciate. And you get the pleasure of owning and playing it in the meantime. Here's mine;

 

[thebrig]

1 hour ago, Rick's Fine '52 said:

Fab bass in the OP, I have a near mint '53, it looks like its never been played, the neck is brand new. Investment wise, you can't go wrong, the best examples of the rarest things will always appreciate. And you get the pleasure of owning and playing it in the meantime. Here's mine;

 

Fantastic!!!

[fleabag]

On 01/04/2018 at 15:27, Paul S said:

Actually, pedant is the wrong word.  It means 'a person who is too interested in formal rules and small details that are not important

and what you said was factually incorrect, not merely a small unimportant detail.

However, I accept that this post may have been pedantic.  

 

 

Scuse me a second Paul.......

 

zzzz