• The NAWCC Museum and Library & Research Center are currently open. Please check the Visiting Schedule for Days and Hours at the bottom of the Visit Page.

Buyers Premium

John Pavlik

Registered User
NAWCC Member
Dec 30, 2001
2,204
377
83
Green Bay, Wi
Country
Region
The new highest buyers Premium I have seen...Any higher ?

DESCRIPTION
AN ANTIQUE GEORGIAN POCKET WATCH, 1812 in 18ct yellow gold, the circular body with chased foliage and scrolls, full British hallmarks for London 1812, 6.8cm, 106.3g.
BUYER'S PREMIUM
  • 34.8%
 

novicetimekeeper

Registered User
Jul 26, 2015
10,511
767
113
Dorset
Country
Region
Here that would be 27.84% plus tax, which I think is what Bonhams charge.
 

Dr. Jon

Moderator
NAWCC Member
Dec 14, 2001
6,202
675
113
New Hampshire
Country
Region
28% was the going rate for the French auction houses opeerating at teh Hotel Druot and they tacked 17% VAT on the premium to make it 32.7. Figure in 7% for currency conversion and you get 35%. When I bought at a Paris auction I did get back the 17% VAT but if you buy remotely you have to pay shipping and insurance. Once I had a charge levied by US Customs for making the decision not to charge duty on an antique.
 

John Pavlik

Registered User
NAWCC Member
Dec 30, 2001
2,204
377
83
Green Bay, Wi
Country
Region
I guess I was thinking the 34.8% was the premium, plus any other VAT... Shipping again is an add...
 
Know Your NAWCC Forums Rules!
RULES & GUIDELINES

Find member

Staff online

Forum statistics

Threads
162,421
Messages
1,410,590
Members
84,097
Latest member
Victor B.
Encyclopedia Pages
1,101
Total wiki contributions
2,856
Last edit
Waltham Watches by Clint Geller