Buyer’s Premium
All orders will incur a buyer’s premium.
Why a Buyer’s Premium?
The purpose of a buyer's premium is to help cover the cost of running an auction and to ensure the auction house can continue to provide quality services.
- Auction Costs: The buyer’s premium helps cover the overhead costs of the auction - such as the bidding platform, advertising, associate wages, tech support, and other expenses.
- Future Auctions: The buyer’s premium helps fund the planning of future auctions, including staffing, facility maintenance, travel, and equipment/supplies.
- Professionalism: The buyer’s premium helps auction houses maintain a professional level of service.
In-House Auctions
13% buyer’s premium when paying by credit card.
10% buyer's premium when paying by check or cash (3% discount).
Online Auctions
20% buyer's premium when bidding online (no discounts).