The buyer’s premium is a percentage added to the hammer price* of each lot sold, and paid by the winning bidder.
The JSE&A buyer’s premium is variable depending on how the bid is placed.
- Standard In House
A 22% (Cash or Check) or 25% (Credit Card) buyer’s premium applies to any lot won by:
- Live on-site bidding in person at our gallery
- Live Telephone Bidding
- Absentee Bidding directly with our auction house (not through LiveAuctioneers or Invaluable)
- Jeffrey S. Evans LIVE
2. Bidsquare, LiveAuctioneers and Invaluable
A 27.5% buyer’s premium applies to any lot won by bidding through Bidsquare, and LiveAuctioneers platforms, along with associated processing/convenience fees and 32% on Invaluable platform, along with associated processing/convenience fees (includes Live internet and absentee bidding) regardless of the method of payment.
All of our post-auction realized prices include the discounted buyer’s premium. **The hammer price is the last bid price accepted by the auctioneer during the sale of each auction lot.** Not including Virginia sales tax if applicable.