It is a fee that is assessed on top of the hammer price of the item and is a percentage of that hammer price. Our base buyer’s premium is currently 15%.
So for instance, if the hammer price of a lot is $100, the total price that you will pay for that piece is $115. Most, if not all,
traditional auction houses charge this fee
How much is the buyer's premium?
Our current buyer’s premium is based on the price of the sale. Please see the chart below for the specific rate.
Sale Price
Buyers Premium
$ 0.00 to $ 10,000.00
15%
$ 10,000.01 to $ 50,000.00
12%
$ 50,000.01+
10%
How Do I Buy?
Buying is extremely easy. Just follow the Simple steps below.