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Buyers Premium

John Pavlik

Registered User
NAWCC Member
Dec 30, 2001
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Green Bay, Wi
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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
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Dorset
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Here that would be 27.84% plus tax, which I think is what Bonhams charge.
 

Dr. Jon

Moderator
NAWCC Member
Dec 14, 2001
6,189
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New Hampshire
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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
2,203
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...