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sjp23480

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Posts posted by sjp23480

  1. 15 minutes ago, hayfield said:

     

     

    Unless you were there in person and able to check what was on offer this would have been a high risk purchase, £100 + 35% buyers premium, plus post and packing at commercial rates would exceed £150

    As for selling fees 13% unless either he is a business or it was a promotional week which it was not

     

    As you say a good investment, but if bought unseen a very high risk, earning a higher return, having said this being a DJH kit the risk could be less than other makes

     

    But would a similar lot with two different locos fetch a similar amount, I doubt it!! very few s/h DJH kits would sell at £200+, but would probably fetch a similar amount when buying. But it was a great spot  

    Hence why dealers pay so little for collections.  

     

    If this was your only source of income the volume of transactions needed to make a decent living is frightening. 

     

     

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  2. On 19/04/2023 at 09:41, sjp23480 said:

    @hayfield like any auction, there are unloved bargains to be had from time to time. 

     

    I picked up a DJH Standard class 3 2-6-2T for <£70 including postage on TheSaleroom.com.  Partially started, 80% of the parts loose in the box, no guarantee of completeness and a poor picture.  Luckily (unusual for me), it was complete, with wheels, motor and gearbox and a small selection of the previous owners tools that were thrown in for good measure (jeweller's screwdrivers and needle files).

     

    Mine was the only bid at the starting price.  I guess it was my lucky day.

     

    In the case of this auction, it was clearly publicised and attracted more bidders - which is a good thing for the seller and is (i suggest) the role of the auction house to try to realise as much money as possible.

     

    By contrast, another concurrent auction had one lot consisting two unstarted DJH WD kits (a 2-8-0 and a 2-10-0).  Complete kits with wheels.  They went went for £100 (for both).  So probably £150 when you add buyers premium and p&p.  I believe both kits have now appeared on ebay.  So it will be interesting to see how much they realise:

     

    https://www.ebay.co.uk/itm/314526877046?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=UVfbf5dpTV-&sssrc=2047675&ssuid=saSnTyIOQLy&widget_ver=artemis&media=COPY

     

    https://www.ebay.co.uk/itm/314526877046?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=UVfbf5dpTV-&sssrc=2047675&ssuid=saSnTyIOQLy&widget_ver=artemis&media=COPY

     

    Steve

     

     

    So, these two kits were sold this evening.  

     

    The WD 2-8-0 (with wheels and motor) went for £82.51 plus P&P.  Someone got a bargain!

     

    The WD 2-10-0 (also with wheels) went for £213.88 plus P&P.  These kits have always been more popular than the 2-8-0.

     

    So, for an estimated outlay of ~£150, they got a return of ~£296, less 10% ebay/paypal fees so ~£267.

     

    So a £117 profit or 78% margin on the sale of the two items.  

     

    Steve

  3. 1 hour ago, lezz01 said:

     

    I too am very fortunate in that my Kimmy is also very supportive of my hobbies and although she doesn't get involved much with my modelling endeavours she shares my interest in both my koi keeping as some of the fish are hers and my efforts at astronomy. She does keep at me to compile a database of all of my models which I must admit I've been a little slack with.

    Regards Lez.   

     

    My wife is equally supportive, frequently telling me to : "go away and do some modelling!". 🤔

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  4. 3 hours ago, hayfield said:

    The question is how do we value this investment as it may encourage others to take the step

    @hayfield, I guess it comes down to affordability?

     

    If you have the capital to invest in a system and do not anticipate needing or wanting access to those funds.  Then solar could be evaluated as an investment.

     

    I am of the opinion that doing a return on investment calculation is a better measure of value. 

     

    So what is the return on your investment of £2688?  

     

    Given your payback projection of six years, you must be seeing a return of >15% per annum?

     

    As investments go, that is pretty much unbeatable.   Any environmental benefits are a bonus.

     

    Steve

     

  5. 1 hour ago, melmoth said:

     

    Oxfam these days effectively runs a chain of secondhand bookshops, but with the benefit of charitable status when it comes to rates, and far lower staffing and stock costs than anyone else in the trade. I was surprised a couple of years back, however, to learn from one of our local auctioneers that the manager of the Oxfam store in town was a regular purchaser of books at auction for resale at Oxfam, and therefore appeared to have a budget for actively buying stock, rather than simply relying on donations. If you're doing that (which obviously is what all secondhand booksellers do to a greater or lesser extent), you really do need to have an idea of the market value of what you're acquiring.

    Most national charities' shops are commercially run.

     

    As I understand it, all donations are graded:

     

    1. Items with no/negligible value are sold to dealers by weight for recycling: books for pulp, clothes for rags, etc.....

     

    2. Items with any potential value and siphoned off and marketed to maximise their value. I believe some charities run eBay shops to do this.

     

    3. Everything in between is sold via the shops.  If it remains unsold for a few weeks is then regraded as 1 and sold off for recycling

     

    Whilst some sortation still happens at the point of donation, so some things slip through.  The larger charities have sortation centres so you are much less likely to find "valuable" bargains. 

     

    I suspect the smaller, local charities which are less commercial are a more likely source of bargains?

     

    Steve

     

     

     

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  6. 6 minutes ago, hayfield said:

    I have just looked at another auction site and once you look at all the fees and charges the buyer pays 30% on the winning bid price, plus I guess the commercial rate for post and packing might be in the region of £20

     

    This might look reasonable at first glance, but adding up everything it seems very expensive

     

    £80 to £120 seems a consistent estimate for a pair or a trio lot of locos

     

    £80 translates to £124 and £120 translates to £176 once all fees and postage is taken into consideration

     

    If you divide these amounts by two or three then the cost per loco is a bit eye watering as the condition is unknown and untested,

     

    In person you stand a much better chance as you can see the lots condition and save on P&P, unless you are a trader do you want two or 3 identical locos ?

    @hayfield like any auction, there are unloved bargains to be had from time to time. 

     

    I picked up a DJH Standard class 3 2-6-2T for <£70 including postage on TheSaleroom.com.  Partially started, 80% of the parts loose in the box, no guarantee of completeness and a poor picture.  Luckily (unusual for me), it was complete, with wheels, motor and gearbox and a small selection of the previous owners tools that were thrown in for good measure (jeweller's screwdrivers and needle files).

     

    Mine was the only bid at the starting price.  I guess it was my lucky day.

     

    In the case of this auction, it was clearly publicised and attracted more bidders - which is a good thing for the seller and is (i suggest) the role of the auction house to try to realise as much money as possible.

     

    By contrast, another concurrent auction had one lot consisting two unstarted DJH WD kits (a 2-8-0 and a 2-10-0).  Complete kits with wheels.  They went went for £100 (for both).  So probably £150 when you add buyers premium and p&p.  I believe both kits have now appeared on ebay.  So it will be interesting to see how much they realise:

     

    https://www.ebay.co.uk/itm/314526877046?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=UVfbf5dpTV-&sssrc=2047675&ssuid=saSnTyIOQLy&widget_ver=artemis&media=COPY

     

    https://www.ebay.co.uk/itm/314526877046?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=UVfbf5dpTV-&sssrc=2047675&ssuid=saSnTyIOQLy&widget_ver=artemis&media=COPY

     

    Steve

     

     

    • Agree 1
  7. 1 hour ago, Halvarras said:

     

    I have one Clayton, blue D8507, which runs OK - its buffers, springs and sleeves are in a zip bag waiting for me to getting around to looking into filing the small recesses you refer to - but one has to wonder whether Heljan overlooked providing these recesses to clear the buffers in the first place, this poor design condemning owners to carpet searches with a torch and magnifying glass........thanks a bunch Heljan!

    I agree, it feels a bit belt and braces given the body is such a secure clip fit to the body.  To use the buffers are retainers is wholly unnecessary.  

     

    Also the need set up with the headcode lighting panel is such a faff - the wiring feels very vulnerable and having to unclip/clip the panels in whilst the body/chassis are detached is a bit nerve wracking.  They must be a nightmare for the factory to assemble?

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  8. @M1AYM thanks for the steer.  

     

    I have two Claytons, one seems fine and up to Heljan's normal quality whilst the other has a bit more noise from one of the gear towers than I would like.  Haven't yet had the courage to take it apart in the hope that someone might have a couple of pictures to post to help me figure it out! 

  9. 4 hours ago, hayfield said:

    I remember back in the late 50's/early 60's a clear movement to ensure every house had a bathroom, surly with power becoming so expensive why is there no plan for all low cost and social housing to have both better insulation and solar power. I can see that some landlords may complain, but with the cost of renting being so high tenants should get better value for money than they are receiving (I am a home owner). Rents in my opinion are far too high and if the market cannot regulate it self our politicians need to.

    John,

     

    I agree and made a similar comment earlier in the thread.

     

    The way I see it, our politicians are pinning their hopes on lowering/lowered energy prices, restoring the status quo and removing the energy subsidy. 

     

    Steve

  10. I recently purchased Heljan's D8600 - rather dismayed to hear of other's trials and tribulations with this particular model.

     

    I am keen to take preventative steps described by may posters above to extend the longevity of the motor.

     

    Having taken the body off I am now rather nervous about going any further dismantling, as it all looks a bit tricky.

     

    With regard to to lubricating the gear box towers and adjusting the thrust washer - would anyone have any pictures illustrating the dismantling and the specific components that need to be tweaked?

     

    I appreciate the earlier descriptions of the process, but a picture paints a thousand words.


    Many thanks

    Steve

  11. 12 hours ago, RFS said:

    I did browse the auction and was gobsmacked by how much there was being sold off from a single collector. Even more amazed when it came from a small terraced house! The problem with a mass sell-off like this is the difficulty of finding enough willing buyers for this amount of stuff all at once. Plus -

     

    - 36% buyers premium. 

    - No condition reports at this auction. You have to buy and hope as in most cases all you see are the boxes as everything is "sold as seen".

    - Getting your lots from Cockermouth.

     

    etc.

     

     

    Me too, I had my eye on some Dapol 22s.  IIRC there were 3 identical lots with the same pair of locos: 6100 and 6112. 

     

    They went for £110-£120 per lot, so £60 per loco. When you add the 35% fees/VAT and £15-£20 p&p the cost soon racks up.   

     

    ~£180 per pair is fair value for money.

  12. 12 hours ago, polybear said:

     

    The last one sold (just a few days ago) went for £110 - and that was without wheels.  However, one including wheels sold for £62 back in February - so that was a real bargain.

     

    Incidentally, does Little Bytham now have the full complement of Locos required, or are there still more to build?

    Only one there at the moment: £89.99 + £9.50 p&p.  From the same seller as the O4s, again advertised as unopened. 

     

    Says it has wheels on the box and one piece boiler and smoke box - so must be an older kit, the one I recently bought has separate castings?

     

    https://www.ebay.co.uk/itm/354705144536?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=1G1r6ZW_SoC&sssrc=2047675&ssuid=saSnTyIOQLy&widget_ver=artemis&media=COPY

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  13. 46 minutes ago, Steamport Southport said:

     

    It will be "new in box". Sealed items do lose their value if opened.

     

    They have to be sold as used even if they haven't been opened. One of eBay's rules I'm afraid. it's to stop unscrupulous sellers selling items as brand new.

     

    I have used that seller before and they are fine with things like refunds. if it was built or part built they would show the "built" article like this Pannier Tank.

     

    https://www.ebay.co.uk/itm/385536217991?hash=item59c3bfd387:g:ui8AAOSwFJNkMqfI

     

    Unfortunately they know the prices so they often start close to the price they are worth. If they don't sell then they tend to go around numerous times. After a few times they often reduce the price so worth watching.

     

     

    Jason

    Tony,

     

    Sometimes it pays to ask a few specific questions or for more pictures - it is usually a good litmus test of the seller's integrity and credentials.   Most sellers will oblige.

     

    They offer a 14 day refund, buyer pays return postage and paying via Paypal provides additional protection, although it can take time to process a disputed payment.

     

    Take a look at their other items - this seller has over 380 model railway related items for sale - so clearly a specialist, the other listings appear to have much better pictures than for these kits - but they may not want to open them, as noted above.

     

    They have over 880 followers which is a good sign.

     

    Finally, review their feedback is 100% on 73,000 items sold since 2000 when the account was registered.  Lots of very positive comments.

     

    On the balance of probabilities, these add up to this being a good seller.

     

    Steve

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