Buyers Premium

The hammer price, as executed by the auctioneer, is the final sale price. A buyer's premium of 24% is added to all hammer prices of lots purchased through New England Auctions internet platform or in-house absentee, phone or live bidding. A buyer’s premium of 27% will be added to the hammer prices for lots purchased through the Live Auctioneers and Bidsquare internet platforms. Sales tax, if applicable, is added to the hammer price and, along with the buyer's premium, constitutes the total final purchase price.