Valuation method

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.