Seller Fees and Payment Terms
Rum Auctioneer is committed to building trust and confidence with our customers by being transparent about all fees and charges throughout the selling process.
You can find all seller fees and payment terms detailed below. Please note, all fees quoted are exclusive of VAT.
Registration fee
£5
Our one-off registration fee provides lifetime access to buy and sell in all of our auctions. It is required to help us authenticate our customers and mitigate against illegitimate bidding.
Selling commision
5% of final hammer price
Selling commission is added to your invoice and deducted from your payment total after your lots have sold.
Listing fee
£7.00 per bottle
Reserve fee
£10 per lot
To protect the value of your bottles, you can set a reserve price for each lot, ensuring a minimum value is achieved if the lot sells.
The minimum reserve price is £200, and reserve prices should not exceed 80% of the most recent hammer price within the past 12 months. For new releases, reserve prices should not exceed the RRP within 12 months.
*All reserve prices are subject to Rum Auctioneer's discretion. If you have any questions about selling with us, please complete our Seller Form, and a member of our Client Service team will get back to you within one working day.
Supplementary Charges
If needed, we can supply packing materials (£5 per bottle plus shipping costs) to ensure the safe and secure transit of your bottle(s).
We strive to offer free bottle collections, either through our dedicated service or by courier, whenever possible. If this isn’t feasible, we will provide a quote for collection fees.
International transfer fees
If we are sending your seller payment internationally, please note that it may be subject to international transfer fees, which must be accepted by the seller.
Payment terms
Where your item sells, we will make payment to you within 21 business days of the auction closing.
Sell with Us
Auction Calendar
Seller's Guide
Frequently Asked Questions
If your item does not meet the reserve price, the listing fee and reserve fee will still apply.
You can choose to re-list the item (subject to fees) or discuss having the bottle returned to you (subject to delivery charges).
All the information you need to sell your rum can be found in our step-by-step Seller’s Guide. This guide is designed to walk you through our easy, hassle-free process and help you get started with selling your rum at auction online.
Rum Auctioneer reserves the right to accept or reject any bottles/items at our own discretion. We do not accept the following items for auction:
- Cream liqueurs.
- Khukri rum.
- 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.
- Items that have exceeded “Use by” or ”Best before” dates.
- Merchandise or non-rum ephemera, with the exception of original artworks, books or items of historical significance.
- Cask Ends.
- Glassware or ceramics that are not packaged as part of an original gift set (glasses, jugs, empty decanters, etc).
- Unsealed bottles originally sold with a sealed closure.
- Bottles that we believe to be counterfeit, or where we have reasonable doubts regarding their authenticity.
For Whisky or Rum, please visit our sister sites Whisky Auctioneer and Rum Auctioneer!
Sellers are paid within 21 business days after the auction closes, but payment is only processed once the buyer has completed their payment.
Payments are made via direct bank transfer and may take a few days to appear in your account. Please note that any banking fees or exchange rates are paid for by the seller.
To ensure a smooth payment process, please make sure your Seller Payment Details are updated in your Personal Profile.
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