Buyer’s premium
This is a percentage of the hammer price (final price) paid by the buyer in addition to the hammer price.
Vendor’s commission
This commission is a charge paid by the consignor, calculated from the hammer price of the lot.
This is a percentage of the hammer price (final price) paid by the buyer in addition to the hammer price.
This commission is a charge paid by the consignor, calculated from the hammer price of the lot.