Sellers will receive 110% of the final hammer price for all BWIC assets $10,000 or higher. Beginning in July 2023, Collectable will assess sellers/consignors a 1% upfront listing fee based on the Context Price (Reserve Price), if utilized. In addition, if a bid is received at or in excess of the Context Price and the consignor/seller elects not to sell the asset, an additional 5% Price Discovery fee is assessed, with the proceeds split evenly between Collectable and the bidder(s) who submits the highest bid.
