November Auction starts Today, Friday 30th October. Click here for COVID-19 Info Page.

Seller's Fees and Payment Terms

Seller's Fees and Payment Terms

Rum Auctioneer  is passionate about and recognises the importance of ensuring that our customers have confidence and trust in our services. As such, we are committed to providing information on our fees clearly and accurately to help customers make informed decisions on selling rum in our auctions. 

  

SELLERS' FEES WITH RUM AUCTIONEER 

  

AUCTION FEES 

Selling Commission - 5%  of the final hammer price 

Listing Fee - £3 per Bottle 

(Optional) Reserve Fees* - £4 per Lot 

20% Value Added Tax (VAT) is applicable and charged to the commission, delivery and surcharges.  (for information, VAT is  not  applicable to the hammer price of the rum.)

 

*Minimum Reserve Price is £150. 

**Maximum Reserve Price within the first six months for new releases is equal to the recommended retail price (RRP) + 10% 

  

ADDITIONAL FEES 

(Optional) Packaging material provided on request by the seller - £5 plus shipping. 
(Optional) Courier Fees – this varies depending on your location and weight of the items. 
(Conditional) Payments made internationally require the seller to accept all international transfer fees. 

  

SELLERS PAYMENT TERMS 

If an item is sold, Rum Auctioneer aims to pay sellers within  21 business days  of the auction finishing. 

FAQs

When will I get paid for my sold lots from the most recent auction?

We expect payments for the October 2020 Auction to be made by the end of the week commencing 26 October 2020.

What happens if my item does not meet the reserve price I set?

If your item fails to meet a reserve price, we still require the listing fee and reserve fee be paid. 

We will then offer you a chance to re-list the item (subject to fees) or discuss returning the bottle to you (subject to delivery charge).

How much is my rum worth?

The value of a bottle of rum is constantly fluctuating according to supply and demand. Rum Auctioneer can provide a valuation according to the latest market trends. If you would like a free, no-obligation valuation, please visit our Free Auction Estimate page.

How do I sell my rum?

To sell your rum you will firstly need to register on our website and then either deliver or post your bottle(s) to Rum Auctioneer; we do the rest! All the information you need to sell your rum can be found in our Step-by-Step Guide to Selling Rum at Auction.

Are there any items you don't accept?

Due to various reasons we don't accept the following items:

  • Cream liqueurs
  • Home-made merchandise
  • Items which could contain risk to our customers, for example liqueur chocolates
  • All unofficial miniature re-bottlings, with the exception of Perfect Measure and Drinks by the Dram.

Rum Auctioneer reserves he right to accept or reject any bottles at their own discretion.

Contact Us

Rum Auctioneer,
West Building
Ruthvenfield Grove
Inveralmond Industrial Estate
Perth
United Kingdom
PH1 3FN

Tel: 01738 245576
Email: info@rumauctioneer.com