:Christie's has once again raised its buyer's premium, this time adjusting rates for low-end purchases.
A new buyer's premium rate of 25 percent is to be introduced at all sites as of September 1 with the following thresholds: United States (New York City and Los Angeles), $20,000; King Street and South Kensington, £10,000; Paris, Amsterdam, Milan and Spain, 5,000 euros; Geneva, 20,000 Swiss francs; Hong Kong, 150,000 Hong Kong dollars; Dubai and Tel Aviv, $20,000.
The current rates for prices above these thresholds remain unchanged at all Christie's sites — 20 percent of the final bid price of each lot up to and including $500,000 and 12 percent on any amount above that.
For information, 212-636-2000 or
www.christies.com
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