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Definitely leaving the UK. One report says it's going to the USA. Otherwise no information.
£16800 includes buyers premium so the hammer price was £14K. After sellers premium and VAT the vendor will get about £11500 (approx $18400).
For comparison Steve Ostler's 702 in perfect restored condition sold for £10200 on ebay recently. 2 other 702s, both needing work have also sold recently. The 702 in the Bennett-Levy auction, September 2009, was £5500 and one changed hands privately recently for £6000.
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