On occasion, Christie’s has a direct financial interest in lots consigned for sale. This interest may include guaranteeing a minimum price to the consignor which is secured solely by consigned property. This is such a lot.
Customs Duty (2.5%) is payable on the final bid price. Please note however that, if the purchased lot is subsequently exported within certain procedures, a majority of the Customs Duty may be refundable to the exporter.