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c.1924 K.V. 197cc 'S' Frame no. 1720 Engine no. 320 F
c.1924 K.V. 197cc 'S' Frame no. 1720 Engine no. 320 F To say that the German firm of Kraftfahrzeugvertrieb GmbH (K.V. Ltd) is obscure would be a gross understatement, as it only existed between 1924 and 1927. Its name translating literally as 'Motor Vehicle Sales', K.V.'s entry in Tragatsch merits less than two lines. Based in Selb, Oberfranken in Bayern, K.V. built machines with 197cc and 246cc overhead-valve engines of their own design. The rare example we offer features a 'coffee grinder' variable-pulley gear, belt drive, kick-starter, acetylene headlamp, belt-rim brake to the rear, and a dummy belt-rim brake to the front. The machine comes with a hand-written document in German. The engine turns over. Key not required Footnotes: Please kindly note that VAT at the prevailing german rate (currently 19%) will be added to the buyer's premium which will be invoiced on a VAT exclusive basis. If you are planning to export, please make the department aware. Lot to be sold without reserve. For further information on this lot please visit Bonhams.com For further information about this lot please visit the lot listing
c.1924 K.V. 197cc 'S' Frame no. 1720 Engine no. 320 F To say that the German firm of Kraftfahrzeugvertrieb GmbH (K.V. Ltd) is obscure would be a gross understatement, as it only existed between 1924 and 1927. Its name translating literally as 'Motor Vehicle Sales', K.V.'s entry in Tragatsch merits less than two lines. Based in Selb, Oberfranken in Bayern, K.V. built machines with 197cc and 246cc overhead-valve engines of their own design. The rare example we offer features a 'coffee grinder' variable-pulley gear, belt drive, kick-starter, acetylene headlamp, belt-rim brake to the rear, and a dummy belt-rim brake to the front. The machine comes with a hand-written document in German. The engine turns over. Key not required Footnotes: Please kindly note that VAT at the prevailing german rate (currently 19%) will be added to the buyer's premium which will be invoiced on a VAT exclusive basis. If you are planning to export, please make the department aware. Lot to be sold without reserve. For further information on this lot please visit Bonhams.com For further information about this lot please visit the lot listing
The Winter EU Motorcycles No Reserve Online Sale
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ALL BIDDERS MUST AGREE THAT THEY HAVE READ AND UNDERSTOOD BONHAMS' CONDITIONS OF SALE AND AGREE TO BE BOUND BY THEM, AND AGREE TO PAY THE BUYER'S PREMIUM AND ANY OTHER CHARGES MENTIONED IN THE NOTICE TO BIDDERS. THIS AFFECTS THE BIDDERS LEGAL RIGHTS.
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Buyers' Premium and Charges
Like the vast majority of auctioneers Bonhams charge a Buyer's Premium on the Hammer Price of each Lot purchased and this is subject to VAT. Some lots may also be subject to VAT on the Hammer Price and these lots will be clearly marked with a symbol (†, Ω, *) printed beside the lot number.
For Automobilia the Buyer's Premium is 28% on the first £40,000 of the hammer price; 27% of the hammer price of amounts in excess of £40,001 up to and including £800,000; 21% of the hammer price of amounts in excess of £800,001 up to and including £4,500,000 and 14.5% of the hammer price of any amounts in excess of £4,500,001.
For Motor Cars and Vehicle Registration Numbers the Buyer's Premium will be 15% on the first £500,000 of the hammer price of each Lot, and 12% on the balance thereafter.
A 3rd party bidding platform fee of 4% + VAT of the Hammer Price for Buyers using the following bidding platforms will be added to the invoices of successful Buyers for auctions starting on or after 6th July 2024 – Invaluable; Live Auctioneers; The Saleroom; Lot-tissimo.
VAT at the standard rate is payable on the Buyers Premium by all Buyers, unless otherwise stated.
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