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.
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.