Additional costs vary across auctions and we advise you to familiarize yourself with additional charges before registering for an auction. We recommend you consider the following additional costs before bidding:
- Buyer's premium - In auction terms, the buyers premium refers to a percentage additional charge on the winning bid of the item that must be paid by the winning bidder. This 18% premium is charged by the auctioneer to cover administrative expenses. The buyer's premium goes directly to the auction house and not to the seller.
- Sales Tax - Sales tax, when appropriate, will be added to the winning bid and the buyer’s premium. Some auctions will be subject to different Sales tax rules.
- Delivery/Removal – It is the responsibility of the bidder to organize delivery/removal. Shipping may be available on smaller items, at an additional cost.
- Deposits – Some auctions will require a deposit from those who register for the auction. Details of deposits payable will be announced prior to the auction(s).