There are two important figures to consider:
The estimated value is set by Auctionata’s experts. It’s the price that, in their expert opinion, they think a professional dealer would ask for the item. Naturally, our experts take quality and condition into account when they carry out valuations.
The starting price is the minimum first bid that will be accepted for a lot at auction. It’s usually significantly less than the estimated value.
Additional fees and charges:
The starting price stated in the auction catalogue does not include the buyer’s premium. This is also the case with the hammer price. Thus, Auctionata charges the buyer’s premium in addition. The amount of the buyer’s premium is calculated as follows:
- At a hammer price of up to $1,000,000.00, the buyer’s premium is 25%
- At a hammer price of between $1,000,000.01 and $2,000,000.00, the buyer’s premium is 15%
- At a hammer price of more than $2,000,000.01, the buyer’s premium is 12%
Loss or Damage Protection
Loss or Damage Protection are charged additionally to the hammer price. Auctionata's Loss or Damage Protection is charged at a flat rate of 2.5% of the hammer price (w/o sales tax) + buyers premium for items purchased in our auctions, and 2.5% for items purchased in our shop.
Packaging and shipping costs
The cost of shipping and packing items is added to your invoice. These vary per order according to the size and weight of items and whether your delivery address is within or outside of the USA. For more information, please refer to our overview of costs.
>Overview of fees