<p><span data-sheets-root="1">The buyer's premium is an additional fee added to the auction price to determine the final contract price. This fee can be a percentage of the auction price or a flat fee. At Lambrecht Auction, we charge a 13% buyer's premium on the hammer price.</span></p>

The buyer's premium is an additional fee added to the auction price to determine the final contract price. This fee can be a percentage of the auction price or a flat fee. At Lambrecht Auction, we charge a 13% buyer's premium on the hammer price.

What is a buyer’s premium?

How do I join an Auction?

How do I bid?

Where are you located?

Satellite Location: What are they and how to pick up from one?

How are items sold?

Can I look at the items before I bid?

Can you just come in and buy 'stuff'?

Do you test the products to make sure they work?

How do I pay my invoice?

What if my lot doesn’t work when I get it home?

Where do these products come from?

How do I consign (sell) something at Auction?

Can I unbid/retract a bid?

Can I use Tax Exempt?

What if I won something and now I don’t want it?

How do I schedule an appointment?

What if I can’t make any of the available time slots?

Why did you charge my card?

Can I pick-up last night’s auction win today?

Do you offer weekend pick up?

When are you doing Live Auctions again?

When are you coming back to <satellite location>?

Why Am I Banned from Bidding?

Frequently Asked Questions