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Auction

How to Buy at Auction

Bidding at an L5 auction is your gateway to owning a piece of the ancient world — with an industry-low buyer's premium, a lifetime authenticity guarantee, and a community that has your back.

  1. 1

    Create your account & register to bid

    To become eligible, add a valid credit card and a shipping address. This is simply how we verify serious bidders — your card is never charged unless you win. Nothing is held; it's just on file so you're ready the moment the hammer falls.

  2. 2

    Explore the catalog — and the discussion

    Browse the sale filtering by category, era, estimate, and metal. Every lot has high-resolution images, full attribution, a grade, and any known provenance. Even better, each lot has an open comment thread and community grading — read fellow collectors' take on strike, metal, and pedigree, and confirm authenticity, all before you bid.

  3. 3

    Place your bids — fairly

    Leave a maximum bid and our system bids for you up to your limit — you never overpay, and you can walk away and let it work. Prefer the thrill of the close? Bid live. And you can trust every bid: L5 never shill-bids or lets sellers run up their own lots. We'll alert you the instant you're outbid.

  4. 4

    Win & pay — low fees

    Win a lot and you'll receive a clear invoice: the hammer price plus an industry-low 0–5% buyer's premium (community experts pay 0%). Pay securely online in a couple of clicks.

  5. 5

    Buy with total confidence

    Every coin you win is backed by L5's Lifetime Authenticity Guarantee: if it's ever proven fake, we refund 100% of the price — no fine print, no time limit.

  6. 6

    Enjoy your coin

    Every winning lot ships fully insured, worldwide, as soon as payment clears.

Tip. Pay attention to provenance. A coin with a documented pre-1970 pedigree isn't just more collectible — it's often more valuable.