Christie's updated its buyer’s premium.
Premium: 27% → 28% Threshold: $1.5M → $2M
On a $2M hammer, buyers pay $45k more.
Most buyers bid to an all-in budget. If it holds, hammer $ fall and sellers net less.
Who pays for the increase: the buyer, the seller, or both?
The MET just quietly put billionaire Ken Griffin’s Leonardo da Vinci on display.
Estimated close to $250M, he acquired the work privately through Christie’s in 2024.
Best known for his Postwar art collection, why do you think Griffin is moving toward Old Masters?
A collector bought a Keith Haring for $165,000 from a reputable gallery.
Christie’s and Sotheby’s declined to auction it over provenance.
Private dealers say it is worth $20k -$30k.
A Stamford judge recently found the work authentic.
Should the auction houses reconsider?