The buyer’s premium is the amount added to the winning bid on auction items. Unless otherwise specified in the current auction description, our buyer’s premium for all bidders is 15% of the hammer price.
Other auction events, such as our Blitz Auctions, may have a different percentage than described above. Be sure to review each auction description before bidding.
Commitment to Buy
A bid is considered your commitment to buy. If you win an auction, you have agreed to buy the wine. If you feel your bid was accepted accidentally, contact us immediately! If you submit a bid, this is considered your acceptance of all auction rules, including your understanding of the Buyer’s Premium.
A request to cancel your bid following the auction close due to lack of awareness or understanding of all auction rules may warrant the forfeiture of future bidding capabilities.