Seller's Fees and Payment Terms

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Fees and payment terms for selling at online auction

Rum Auctioneer is dedicated to ensuring our customers have trust and confidence in our services. We are transparent about all fees and charges at every step of the selling process, and you can find all seller fees and payment terms detailed below. 

Please note: all fees are quoted ex VAT. 

 

Registration Fee

£5

Our one-off registration fee provides lifetime access to buy and sell in all of our actions. It is required to help us authenticate our customers and mitigate against illegitimate bidding.    

 

Selling Commission 

5% of the final hammer price 

Selling commission is added to your invoice and deducted from your payment total after your lots have sold. 

 

Listing Fee

£6 per bottle

 

Reserve Fee

£10 per lot

Where it’s important for you to protect the value of your bottles, you can add a reserve price, per lot, to ensure a minimum value is achieved if your lot sells.  

There is a minimum reserve price of £200 and reserve prices should not exceed 80% of the previous most recent hammer price within 12 months. New Release reserve prices should not exceed RRP within 12 months. 

*All reserve prices are at the discretion of Whisky Auctioneer. If you have any questions about selling with us, please complete our Seller Form and a member of our Client Service team will respond to you within 1 working day. 

 

 
Potential Supplementary Charges 

If required, we can provide you with packing materials (£5 per bottle plus shipping costs) to increase the safety and security of your bottle(s) in transit.   

We aim to organise free bottle collections, either by our dedicated service or by courier, where possible. If we are unable to provide this, we’ll provide you with a quote for collection fees.  

 

International Transfer Fee

Where we are sending your seller payment internationally, it may be subjected to international transfer fees which must be accepted by the seller.  

 

Payment Terms

When your item sells, we will make payment to you within 21 business days of the auction closing. 

FAQs

What happens if my item does not meet the reserve price I set?

If your item fails to meet a reserve price, we still require the listing fee and reserve fee be paid. 

We will then offer you a chance to re-list the item (subject to fees) or discuss returning the bottle to you (subject to delivery charge).

How much is my rum worth?

The value of a bottle of rum is constantly fluctuating according to supply and demand. Rum Auctioneer can provide a valuation according to the latest market trends. If you would like a free, no-obligation valuation, please visit our Free Auction Estimate page.

How do I sell my rum?

All the information you need to sell your rum can be found in our Step-by-Step Guide to Selling Rum at Auction, which has been designed to guide newcomers through our easy and hassle-free service to get started selling rum online.

Are there any items you don't accept?

Due to various reasons we don't accept the following items:

  • Cream liqueurs
  • Home-made merchandise
  • Items which could contain risk to our customers, for example liqueur chocolates
  • All unofficial miniature re-bottlings, with the exception of Perfect Measure and Drinks by the Dram.

Rum Auctioneer reserves he right to accept or reject any bottles at their own discretion.