Buyer’s Premium

What Sotheby’s Buyer’s Premium Increase Reveals About the Major Houses’ Evolving Commercial Strategies

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Editor’s NoteThis article examines the strategic implications of Sotheby’s recent buyer’s premium increase, highlighting a broader industry shift in…

Phillips Launches New System for 2025 Fall Auctions, Debuting First-of-its-Kind Priority Bidding with Lower Buyer’s Premium Rate

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Editor’s NotePhillips has announced a new, tiered buyer’s premium structure set to begin in September 2025. While standard rates will see a modest…