Christie's charges a Buyer's premium calculated at 23.205% of the hammer price for each lot with a value up to €110,000. If the hammer price of a lot exceeds €110,000 then the premium for the lot is calculated at 23.205% of the first €110,000 plus 11.9% of any amount in excess of €110,000. Buyer's Premium is calculated on this basis for each lot individually.
THE 'NANKING CARGO'
In the late spring of 1985 the VOC ship "Geldermalsen" was excavated, the so called 'Nanking Cargo'. The wreck contained well over a hundred thousand pieces of stoneware, gold and blue and white export porcelain potted in the city of Jingdezhen around 1750 and destined for the western market. The ceramics however were incorrectly believed to be produced in Nanking, the city where they were transhipped to the warehouses and muffle kilns of the Hong Kong merchants.
This so called 'Nanking' type porcelain began to appear in trade
advertisements and auction catalogues in the 1760s. By this time
Chinese export porcelain was available in sufficient quantities on the western market to be an essential part of the furnishings in every
respectable house, along with good silver, furniture, carpets and
pictures. This tradition was continued when the contents of the sunken vessel were sold at Christie's Amsterdam in the 'Nanking Cargo sale' in 1986.