Christie’s generally offers property consigned by others for sale at public auction. From time to time, lots are offered which Christie’s International Plc or one of its subsidiary companies owns in whole or in part. Each lot of such property is offered subject to a reserve, unless otherwise stated, and is identified with the symbol ? next to the lot number. 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 of property or making an advance to the consignor which is secured solely by consigned property. Such property is also offered subject to a reserve and will be identified by the symbol °next to the lot number. Where Christie’s has an ownership or financial interest in every lot in the catalogue, Christie’s will not designate each lot with the appropriate symbol but will state in a legend at the front of the catalogue that we have an interest in every lot in the sale.
Christie's charge a buyer's premium of 20.825% of the hammer price for lots with values up to NLG 200,000. If the hammer price exceeds the NLG 200,000 then the premium is calculated at 20.825% of the first NLG 200,000 plus 11.9% of any amount in excess of NLG 200,000.