L5 News · December 5, 2025

L5 Has Saved Collectors $135,127 to Date

At L5, we are all about honesty and transparency. Here are our financial numbers compared to what a traditional auction house would have charged

Here is what L5 Auction 1 would have looked like if we operated like a traditional auction house:

$154,367 x 15% selling fee (sellers receive 85% of hammer)
- $23,155 in selling fees that collectors would have paid at a traditional auction house

$154,367 x 20% buyers premium fee (buyers pay 120% of hammer)
- $30,873 in buying fees that collectors would have paid at a traditional auction house

L5 is no traditional auction house, of course. Here is what L5 charged:

$154,367 x 0% selling fee (sellers receive 100% of hammer)
- $0.00 in fees that collectors paid (compared to $23,155 at a traditional auction house)
  - $23,155 in selling fees for collectors saved thanks to L5

$154,367 x 0-5% buyers premium
- $6,134 in fees that collectors paid (compared to $30,873 at a traditional auction house)
  - $24,739 in buying fees for collectors saved thanks to L5

COUNTER OF MONEY THAT L5 HAS SAVED COLLECTORS IN AUCTION 1: $47,894

Here is what L5 Auction 2 would have looked like if we operated like a traditional auction house:

$281,397 x 15% selling fee (sellers receive 85% of hammer)
- $42,209 in selling fees that collectors would have paid at a traditional auction house

$281,397 x 20% buyers premium fee (buyers pay 120% of hammer)
- $56,279 in buying fees that collectors would have paid at a traditional auction house

L5 is no traditional auction house, of course. Here is what L5 charged:

$281,397 x 0% selling fee (sellers receive 100% of hammer)
- $0.00 in fees that collectors paid (compared to $42,209 at a traditional auction house)
  - $42,209 in selling fees for collectors saved thanks to L5

$281,397 x 0-5% buyers premium
- $11,255 in fees that collectors paid (compared to $56,279 at a traditional auction house)
  - $45,024 in buying fees for collectors saved thanks to L5

COUNTER OF MONEY THAT L5 HAS SAVED COLLECTORS IN AUCTION 2: $87,233

LIFETIME COUNTER OF MONEY THAT L5 HAS SAVED COLLECTORS: $135,127