Buyer's premium or Auction fees

This is a non-negotiable percentage of the auctioneer's hammer price or auction price to be paid by the buyer when paying for the lot.

For voluntary sales, they are freely fixed by the auction houses.

For judicial sales in France, they are fixed by decree at 14.352% including tax (12% excluding tax plus 19.6% VAT). 

Was this article helpful?
0 out of 0 found this helpful

Articles in this section