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.
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 subject to a reserve. This is such a lot.