Monday - 28 July 2014

Premium levels all square again

16 September 2013Written by ATG Reporter

Christie’s have announced that from September 30 their main buyer’s premium structure will change to the following:

25% - up to £50,000/$100,000

20% - £50,001/$100,001 up to £1m/$2m

12% - thereafter

This brings them in line with Sotheby's, who adopted this structure in the spring, and Bonhams, who announced the change last week.

Prior to this all three auction houses were operating at different thresholds within the 25/20/12% premium structure.

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