ALL BIDDERS MUST AGREE THAT THEY HAVE READ AND UNDERSTOOD BONHAMS' CONDITIONS OF SALE AND AGREE TO BE BOUND BY THEM, AND AGREE TO PAY THE BUYER'S PREMIUM AND ANY OTHER CHARGES MENTIONED IN THE NOTICE TO BIDDERS. THIS AFFECTS THE BIDDERS LEGAL RIGHTS.
If you have any complaints or questions about the Conditions of Sale, please contact your nearest customer services team.
Buyers' Premium and Charges
For all Sales categories, buyer's premium excluding Cars, Motorbikes, Wine, Whisky and Coin & Medal sales, will be as follows:
Buyer's Premium Rates 27.5% on the first £20,000 of the hammer price; 26% of the hammer price of amounts in excess of £20,000 up to and including £700,000; 20% of the hammer price of amounts in excess of £700,000 up to and including £4,500,000; and 14.5% of the hammer price of any amounts in excess of £4,500,000.
VAT at the current rate of 20% will be added to the Buyer's Premium and charges excluding Artists Resale Right.
For payment information please refer to the sale catalogue.
For information and estimates on domestic and international shipping as well as export licences please contact Bonhams Shipping Department.
Exempt from VAT
Zero rated for VAT, no VAT will be added to the Hammer Price or the Buyer's Premium.
Import low rate
VAT on imported items at a preferential rate of 5% on Hammer Price and the prevailing rate on Buyer's Premium.
Artists Resale Right
Goods subject to Artists Resale Right Additional Premium.