News
2017/06/14  Change to Mallet Auction Commission Fee
Please note that from July 2017 the commission fee for Mallet Auction will change.

New Commission Fee

16.2% of the hammer price will be added on to the final hammer price on a per-lot basis.

Example) If the hammer price is 1,500,000 JPY

Hammer Price: 1,500,000 JPY+Commission Fee: 243,000 JPY = Total Purchase Price: 1,743,000 JPY

Previous Commission Fees

When the hammer price was up to and including 1 million JPY, 16.2% of the hammer price was added on to the final hammer price on a per-lot basis

When the hammer price was over 1 million JPY, 16.2% of 1 million JPY plus 10.8% of the amount above 1 million JPY was added on to the final hammer price on a per-lot basis

Example) If the hammer price was 1,500,000 JPY

Hammer Price: 1,500,000 JPY+Commission Fees: 216,000 JPY = Total Purchase Price: 1,716,000 JPY

(Please note that no Japanese taxes will be imposed on purchases made by overseas customers)