No VAT will be charged on the hammer price, but VAT at 15% will be added to the buyer's premium which is invoiced on a VAT inclusive basis.
THE FOLLOWING ELEVEN LOTS ARE EX-BINNS ROAD FACTORY STOCK
The vendor joined Meccano in 1952 as a junior manager in the enamel finishing department rising to senior manager of the finishing department in 1956.
With competition increasing in the 1960s, he was instrumental in reducing production costs whilst modernising the paint finishing process. As the public demanded greater sophistication, automation became the number one priority.
Some of the toys were collected from the factory prior to his departure in 1974. He remained in touch with senior management and thus purchased the balance of the toys from the liquidator after the closure of Binns Road.