K&L Wine Merchants auctions: auction results and hammer prices
A running online auction beside the K&L shop, with lots closing every day and results kept per lot.
- Site: klwines.com
- Where: California
- Buyer's premium LastHammer removes: 10%
- What LastHammer does here: Badges on the auction lots (never on the shop pages), and the closed lots in the price file.
Only the auction side is read; a shop price is not a hammer price and gets no badge.
Recent results, hammer price per bottle
The newest sold lots in our price file for this house, buyer's premium removed, per 750 ml bottle. The extension shows this for every lot you browse and the search covers two years across every house.
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Next sales at K&L Wine Merchants auctions
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From the auction calendar, where you can ask for an email the day before a sale.
Why hammer price
A published result at most houses is the hammer price plus the buyer's premium, and premiums run from 10% to 25%. Two houses reporting $1,250 and $1,170 for the same wine may both have hammered at $1,000. LastHammer removes each house's premium and divides by the bottles in the lot, so a price at K&L Wine Merchants auctions and a price anywhere else mean the same thing. All fourteen houses and their premiums. How a published result turns into a hammer price.