Antiques
 

Selling at Auctions

    
 

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Decide a Reserve Price

The valuer should advise you whether a 'reserve' price is essential. A reserve price is the minimum price for which the auctioneer may sell your item, and can act as an important safeguard if the sale is poorly attended.

Find out how Soon Your Item Will Appear at Auction

If your item is of exceptional quality, then you might be advised to wait for a particular sale that will feature other high-quality objects and attract better prices.

Antique Jewelry
   
 

 

 Choose a Specialist Auction for a Specialist Item

In order to get a higher price, you should sell your item at specialist auctions. However, as certain specialist sales are held only once or twice a year, you could sell your property more quickly elsewhere.

Commission and Costs

An auction house charges a fee for selling the item on your behalf. This fee includes a commission (usually about 10 to 15 % deducted from the hammer price), costs (such as insurance charge and handling charge), and VAT on both commission and costs.

Catalogue Charges

If your item is illustrated in the catalogue, you might also be charged a fee to cover the photographic costs.

Unsold Property

Finally, in the unlikely event that your item remains unsold, there may be other charges, albeit reduced.

 

  

Antique Toys