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.