: Christie's International has modified the structure of its
buyer's premium for the majority of the firm's salerooms
worldwide.
Effective January 17, Christie's 20 percent buyer's premium rate
on the first $100,000 is now applied on the first $200,000 at
almost all Christie's sites.
Christie's buyer's premium of 12 percent on amounts exceeding
$200,000 remains unchanged.
In Christie's Geneva, the 20 percent buyer's premium rate on the
first Sfr 160,000 shall now be applied on the first Sfr 250,000,
with the buyer's premium of 12 percent on amounts exceeding Sfr
250,000. In Christie's Zurich, a buyer's premium of 20 percent
applies to all lots.
Christie's Hong Kong buyer's premium of 20 percent will now apply
to the first HK$1,500,000, and the 12 percent to amounts
exceeding HK$1,500,000 versus the previous amount of HK$850,000.
In Christie's Australia saleroom, the premium threshold will
remain unchanged at 191/2 percent on the first AUD$200,000 and 12
percent on the amount exceeding AUD$200,000.
All premiums quoted above exclude local sales tax.
