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Comments
https://www.guitar-auctions.co.uk/sale/221/694/Kawai-KS11XL-electric-guitar-made-in-Japan-circa-1980
Very clever of GH to put up those silly estimates.
It's called "the come and get me" price that encourages bids.
And yes you're quite right, once you include the fees the increase in price is quite a lot. It's 26.4% on top of what the hammer price is. So if you won the bid at £100 it would actually be £126.40 + the cost of the shipping. You could easily get caught up in the bidding and forget it's roughly another 1/4 on top of the hammer price.
I paid a bit more than I would have liked for the guitar I wanted (parker fly hard tail) but I've since seen similar guitars sold for a lot more so I feel less bad about the whole process.