- and don’t forget the buyers premium. More than likely 10% which goes right to the auctioneer.
I have heard of Sotheby’s and even Skinner’s waving all commission charges on important consignments as the buyers premium alone would be massive.
Not many sellers in their right mind would turn down 0% commission.
The buyer’s premium at that particular auction is around 25%.
That’s typical of high end auctions.