Under the Buyer's Agreement, a premium (the Buyer's
Premium) is payable to us by the Buyer in accordance with the terms of the Buyer's Agreement and at rates set out below, calculated by reference to the Hammer Price and payable in addition to it. Storage charges and Expenses
are also payable by the Buyer as set out in the Buyer's Agreement
All the sums payable to us by the Buyer are subject to VAT
For this Sale the following rates of Buyer's Premium will be payable by Buyers of Lots:
Motor Cars and Motorcycles
15% on the first £50,000 of the Hammer Price
12% from £50,001 of the Hammer Price
25% up to £50,000 of the Hammer Price
20% from £50,001 to £1,000,000 of the Hammer Price
12% from £1,000,001 of the Hammer price
Payment at collection: by credit or debit card.
|||Exempt from tax|
Zero rated for VAT, no VAT will be added to the Hammer Price or the Buyer's Premium.
|Ω||Import high rate|
VAT on imported items at the prevailing rate on Hammer Price and Buyer's Premium.
|Ф||Item contains or is made of ivory|
Prospective buyers of lots denoted with a "Ф" symbol should pay special attention to the "Notice Regarding Regulated Species Materials and CITES Permits" published in the printed catalog, which has recently been updated.
VAT at the prevailing rate on Hammer Price and Buyer's Premium.
|AR||Artists Resale Right|
Goods subject to Artists Resale Right Additional Premium.
|*||Import low rate|
Subject to CITES regulations when exporting items outside of the EU, see clause 13.