Christie's generally offers property consigned by others for sale at public auction. From time to time, lots are offered which Christie's or an affiliate company owns in whole or part. Each lot of such property is offered subject to a reserve, unless otherwise stated. This is such a lot.
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.