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In auctions, the buyer's premium is a charge in addition to the hammer price (i.e. the winning bid announced) of an auction item, or lot. The winning bidder is required to pay both the hammer price and the percentage of that price called for by the buyer's premium.
The final price listed is the total price paid by the buyer converted to US dollars, according to the currency exchange rate at the time of auction. This price is the aggregate of the hammer price (i.e., the winning bid or sale price at the auction) plus any buyer's premium paid to the auction houses (where levied, and in accordance with the ...
Cards graded in mint or gem-mint condition by services like PSA can fetch thousands of dollars at auction. ... with a hammer price to match. 11. 1970s Hermès Black Crocodile Handbag. Etsy.
This is a list of the most expensive cars sold in public auto auctions through the traditional bidding process.. On May 5, 2022, in a secret auction at the brand's museum in Germany, Mercedes-Benz sold one of just two 1955 300 SLR Uhlenhaut coupes from its extensive collection of historical automobiles—which dates back to the earliest days of the car in the late 19th century.
All the items sold at the auction in London on Wednesday generated £8,727,284, with bids received from 40 countries. ... All of the hammer price of the final four items, which included a guitar ...
The lyrical drafts were among 60 items that were up for sale in the dedicated auction for acclaimed musician Dylan. ... estimated price tag of between 400,000 to 600,000 US dollars (£328,461 to ...
Hammer price – the nominal price at which a lot is sold; the buyer, and often the seller, may have to pay additional fees, "premiums", and taxes on top of this amount. Hammer used in auctions. Increment – a minimum amount by which a new bid must exceed the previous bid. An auctioneer may decrease the increment when it appears that bidding ...
A rare first edition of Harry Potter and the Philosopher's Stone, set to be thrown away, has sold at auction for more than £21,000. The item went under the hammer at NLB Auctions in Paignton on ...