Buyer's Premium
Percentage (%) the buyer pays in addition to the final bid price or hammer price in respect of each Lot purchased.

The premiums for Christie's auctions in most categories, unless specified otherwise, are listed by saleroom location. Wherever applicable, sales or value added taxes (VAT) will be added to the final amount. For further information, please contact the Bid Department in the sale location.

Where thresholds apply the higher premium rate shall apply to the portion of the bid price up to the threshold and the lower premium rate will apply to the portion of the bid price in excess of the threshold.


Effective 2 June 2008

Country & Saleroom Location(s) Premium Threshold
United States Los Angeles &
New York

Wine Sales only		 25.0%
20.0%
12.0%
20.0% 		Up to $50,000
$50,001 - $1,000,000
$1,000,001 and above
No threshold
United Kingdom London
(both salerooms)

Wine Sales only		 25.0%
20.0%
12.0%
15.0%		 Up to £25,000
£25,001 - £500,000
£500,001 and above
No threshold
France Paris (More)


Wine Sales only		 25.0%
20.0%
12.0%
15.0%		 €0 to €20,000
€20,001 to €800,000
€800,001 and above
No threshold
Holland Amsterdam (More)


Wine Sales only		 29.75%
23.80%
14.28%
15.0%
10.0%		 €0 to €20,000
€20,001 to €800,000
€800,001 and above
Up to €150,000
€150,001 and above
Israel Tel Aviv 25.0%
20.0%
12.0%		 Up to $50,000
$50,001 - $1,000,000
$1,000,001 and above
Italy Milan (More) 30.0%
26.0%
18.5%		 €0 to €20,000
€20,001 to €800,000
€800,001 and above
PRC Hong Kong 25.0%
20.0%

12.0%		 Up to HK$400,000
HK$400,001 -
HK$8,000,000
HK$8,000,001 and above
Spain Madrid 25.0%
20.0%
12.0%		 €0 to €20,000
€20,001 to €800,000
€800,001 and above
Switzerland Geneva (More)



Wine Sales only		 25.0%
20.0%

12.0%
15.0%
10.0%		 Up to Sfr 60,000
Sfr 60,001 -
Sfr 1,200,000
Sfr 1,200,001 and above
Up to Sfr 250,000
Sfr 250,001 and above
Switzerland Zurich 20.0% No threshold
UAE Dubai 25.0%
20.0%
12.0%		 Up to $50,000
$50,001 - $1,000,000
$1,000,001 and above

Additional Information

Paris
For Paris auctions additional charges apply to lots marked with the f, ff and + symbols.

Amsterdam
Amsterdam rates are quoted inclusive of VAT in catalogues. VAT in catalogues: 29.75% up to €20,000; 23.8% €20,001 - €700,000; and 14.28% on €700,001 and above.

Milan
Milan rates are quoted all-inclusive.

Geneva
VAT of 7.6% is added to the hammer price and to the premium. This tax is refunded to buyers domiciled outside Switzerland upon receipt by Christie's for each object of an export declaration stamped by Swiss Customs. This refund is recovered by Christie's from the Swiss Fiscal Authorities only on presentation of the stamped declaration. The Authorities will not entertain a claim without presentation of this form duly stamped by Swiss Customs. The total amount obtained by adding to the hammer price the buyer's commission and VAT shall constitute the purchase price for the purposes hereof.