All bidders are expected to pay for the winning lots and pick up their purchases within 7 days after the sale.
Invoices can be picked up in person on the day of the auction, or will be emailed to the email address listed on your Bidder Registration Form, no later than three(3) weeks after the sale. Purchased items must be paid for in full, prior to any items on the invoice being released.
Acceptable forms of payment are: Cash, Cashier’s Check, Wire Transfer, MasterCard or Visa.
Items paid for by Cashier’s Check will be held and not released to the purchaser for 10 business days following the receipt and deposit of the Cashier’s Check, in order to verify correct funding.
- 28% Buyer’s Premium – Online Bidders paying with credit card
- 25% Buyer’s Premium – Online Bidders, paying with Cash, Cashier’s Check, or Wire Transfer
- 23% Buyer’s Premium – In Person, Telephone, or Absentee Bidders, paying with credit card
- 20% Buyer’s Premium – In Person, Telephone, or Absentee Bidders, paying with Cash, Cashier’s check, or Wire Transfer
6% Sales Tax will be collected on all sales made and delivered within the state of Maryland, from Luban Auction Gallery. The State of Maryland Department of Revenue’s Rules require that Sales Tax be charged on the total invoice price including Buyer’s Premium. The buyer will be responsible for any out of state sales tax due on items shipped. Buyers purchasing items for Resale, or Tax Exempt Bidders, are encouraged to provide a current Resale Certificate, or Tax Exempt Certificate, prior to each Auction, so that invoices can be calculated correctly. Sales Tax cannot be removed from an invoice for items purchased in person, picked up in person or shipped within the State of Maryland, without a current Resale or Tax Exempt Certificate.