Valuation method

 

We value all items according to expected hammer price
The evaluation of a product at lauritz.com is based on our experience of selling that same type of product, current market trends and the seller's expectations of the hammer price. Valuation is not an exact science but an indication. In the end it is always the buyers who determine the market price, and this fluctuates. This means that some hammer prices are higher or lower than the estimate.

For lots with the ’Brand new item’ logo, expected hammer price is supplemented with information about recommended retail price (RRP). This information is designed to guide our customers as to what the item costs in a shop. We permit ourselves to leave out this information with certain items with no brand or name, where at times it can be difficult to find a stable shop price.

Frequently asked questions
Is valuation from a photo possible?
Yes, you can send your pictures via e-mail or by mail to the Lauritz.com auction house closest to you. You will then be contacted by a valuation expert. You are, of course, more than welcome to come visit us at one of our Lauritz.com auction houses and get an appraisal on the spot.
When will I receive a response to my enquiry?
We always do our best to reply to all enquiries as quickly as we can. As far as possible within 2-3 days.
As a seller what do I have to pay in commission?
For every lot sold a seller's commission of 15% of the highest bid is calculated, as well as a seller’s hammer fee of DKK/SEK 150, EUR 20. Commission and hammer fee include VAT and cover all costs relating to the sale, including registration, taking photos, online display and storage during the auction period. Commission and hammer fee are deducted from the payment due to the seller.
When are my items put on auction?

Most lots are put on auction just 2-3 days after they have been consigned.

How long do auctions last?
An auction lasts normally 5 days.