£10 per lot
To protect the value of your bottles, you can set a reserve price for each lot, ensuring a minimum value is achieved if the lot sells.
The minimum reserve price is £200, and reserve prices should not exceed 80% of the most recent hammer price within the past 12 months. For new releases, reserve prices should not exceed the RRP within 12 months.
Where any item fails to meet a set reserve price, they will be held in complementary storage for 30 days. In this time, seller's can request the relisting or return of the items. If no instruction has been provided within that time, the items will automatically be placed into the next available scheduled auction with a reserve price set to 80% of the hammer price previously achieved.
*All reserve prices are subject to Rum Auctioneer's discretion. If you have any questions about selling with us, please complete our Seller Form, and a member of our Client Service team will get back to you within one working day.