Rum Auctioneer is passionate about and recognises the importance of ensuring that our customers have confidence and trust in our services. As such, we are committed to providing information on our fees clearly and accurately to help customers make informed decisions on selling rum in our auctions.
SELLERS' FEES WITH RUM AUCTIONEER
Selling Commission - 5% of the final hammer price
Listing Fee - £3 per Bottle
(Optional) Reserve Fees* - £4 per Lot
20% Value Added Tax (VAT) is applicable and charged to the commission, delivery and surcharges. (for information, VAT is not applicable to the hammer price of the rum.)
*Minimum Reserve Price is £150.
**Maximum Reserve Price within the first six months for new releases is equal to the recommended retail price (RRP) + 10%
(Optional) Packaging material provided on request by the seller - £5 plus shipping.
(Optional) Courier Fees – this varies depending on your location and weight of the items.
(Conditional) Payments made internationally require the seller to accept all international transfer fees.
SELLERS PAYMENT TERMS
If an item is sold, Rum Auctioneer aims to pay sellers within 21 business days of the auction finishing.