What is the Buyer’s Premium?

It is standard practice across all auction houses to add a commission fee to the sale price of every item known as a Buyer’s Premium (BP).

The Buyer’s Premium is 24% including GST on the hammer price. For example, if an item is sold for (hammers at) $100.00 with a 24% BP, the final cost to the purchaser will be 100 + 24% = $124.00 (Including GST).
Please note GST is considered inclusive in the hammer price.

Testimonials

A wonderful online auction experience. Thank you 🙏🏻 Our beautiful pieces arrived in Melbourne within the week, we are thrilled

Nathan Smith (V.I.C)

A huge Thank You for helping us to pick our art. The pieces are stunning and my favourite is Bush Banana! The board also loved our artwork which was a fantastic compliment to receive.

Kerri Favarato (QLD)

We are more than thrilled with our Dorothy Napangardi artwork, it is so beautiful. I never thought I would ever afford such a piece as they are so expensive at galleries but buying at auction is the best and so affordable.

Rebecca Holden (N.S.W)

Recently I purchased a new family home with plenty of blank walls to hang art. Luckily for me, I stumbled across OzBid auctions who helped me fill my walls with quality Australian and Aboriginal art at extremely affordable prices. I thought I would have to wait years to save up buy art however OzBid solved my problem instantly. Amazing art at a fraction of the cost you would pay in the galleries. The team are an absolute delight to deal with. They are friendly and go out of their way to give outstanding service. Thank you OzBid I will definitely be referring you to any friends wanting great value quality art.

Piers van Hamburg (N.S.W)

When I made my first Ozbid purchase, the service provided FAR EXCEEDED my expectations, even bettering the service I had received from other auction houses. The works are very accurately photographed. You can be assured that the painting you receive will look exactly the same. It is the best service that I have experienced. The time from successful bid to delivery is very short and of course, free delivery is excellent. Unlike other auction houses, I do not have the inconvenience of arranging collection and delivery. There is no hidden cost.

Barry & Eve Hicks (TAS)

I got the Aboriginal art bug five years ago, but living in London UK it was difficult knowing where to source good quality pieces. So I was delighted to stumble across Ozbid in 2013. I've since bought six pieces and have always been delighted with my purchases. I particularly like that the art comes ready to hang on quality stretchers and the speedy and efficient delivery. Giovanna and the team make the whole process hassle free and I'm happy to recommend Ozbid.

Mark Carroll (London)