Bidders are advised to carefully read through the Conditions of Business prior to participating in the auction. We invite you to contact us should you have any questions or view our FAQ page for further details.
Please note the name or company you use to register under will be noted on your invoice if you are successful, and we can only receive payment from the exact same name or company. Please be aware that invoicing details cannot be altered once the lot is won.
Following the successful purchase at auction, the bidder is advised that payment is due in full, respectively, on or before 5:00 p.m. EST / EDT of the next business day for 35% of the Hammer Price plus RMS’ Buyer’s Premium and as otherwise outlined. The successful bidder will receive a copy of their Sales Contract and instructions to remit payment via email.
Buyer’s Premium
In addition to the final bid amount, a buyer’s premium is due on the lot purchased.
12% on a hammer price up to $250,000
10% on any balance over $250,000
Taxes/Import Duties
The bidder is responsible to pay all applicable taxes, duties, tariffs, and any and all other government-mandated costs associated with purchasing the lot. Further, as mandated in multiple applicable jurisdictions, RMS is required to remit taxes; as applicable, RMS will outline the additional taxes on your invoice.
Please note insurance is the sole responsibility of the buyer from the drop of the hammer.