Home - Morphy Auctions (2024)

FAQs

How much is the commission on Morphy Auctions? ›

A 20% buyer's premium will be added to all successful bids and is payable by the purchaser as part of the total purchase cost. A 3% fee is applied to payments made by credit card. Our third party platforms have additional fees.

Dan Morphy, owner and chief executive officer of Dan Morphy Auctions and founder of the Adamstown Antique Gallery in Denver, Pa., also acts as the mechanical and still bank specialist for the company.

Typically, a valuer working for the auction house will provide you with a valuation and advise you on the most suitable auction for your items. If you decide to submit your items to auction (known as consigning), the auction house will guide you through the process.

Email: info@morphyauctions.com. Morphy Auctions is one of the largest under-roof auction houses in the country, spanning over 45,000 sq. ft.

Auctioneers also charge sellers a commission fee for selling their property, which is usually between 2% and 2.5%. Value Added Tax (VAT) is also added to this fee. Sometimes, however, the buyer will pay an amount of commission to the auction house as part of their administration fees.

A uniform commission rate for sellers across categories.

Sotheby's now has a uniform seller's commission rate of 10% on the first $500,000 of the hammer price per lot, across all categories. We do not charge a seller's commission on the portion of the hammer price above $500,000 per lot.

Stockholms Auktionsverk was established on the initiative of Baron Claes Rålamb - the Chief Justice of Stockholm and a pioneer in the auction world - who issued the founding auction chamber order in 1674. On December 17, 1733, Stockholms Auktionsverk itself was up for auction.

Ritchie Bros. Completes Acquisition of IAA, Creating a Premier Global Marketplace Leader.

The company also launched a new online bidding platform on its website. In June 2019, Sotheby's was acquired by French-Israeli businessman Patrick Drahi at a 61% market premium. In October 2019, he brought in Charles F. Stewart as Sotheby's new CEO, and former CEO Tad Smith transitioned to an advisory role.

What is the best marketplace to sell antiques? ›

Talk to Experts

As well as experts you might encounter online, free appraisals and valuations are part of the industry. Visit your local antiques store to talk to a dealer and try to find out if there are any specialists in the type of item you're selling in the local area.

For any technical inquiries or auction setup related questions, please contact our Support Team via email at support@liveauctioneers.com, Live Chat on your seller dashboard or by telephone at: (US) 1-888-600-2437 EXT. 2.

Fine Art Auctions

Auctioneer commissions for fine art auctions tend to be on the higher end, ranging from 10% to 20% of the final sale price. These auctions may also include buyer's premiums, which are additional fees paid by the winning bidders on top of their winning bid.

What is the Buyer's Premium? The Buyer's Premium is a fee assessed by Goldin which is 22% of the final bid price of items purchased. The Buyer's Premium pays for the auction's services.

All of the established benefits of The Market by Bonhams will be available as part of the launch. Buyers will 'pay what they bid' when using the platform, meaning there is no buyers' commission. The Sellers' Commission remains at 5% (+VAT).

Attract more visitors to your sales by listing on AuctionZip for the low fee of $20 per listing.