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The paintings were Adele Bloch-Bauer II ($87.9 million), Apple Tree I ($33 million), Birch Trees ($40.3 million), and Houses at Attersee ($31 million), all selling to undisclosed buyers. Lash later revealed that Oprah Winfrey was the buyer of Adele Bloch-Bauer II.
Major auction houses have levied the buyer's premium for several decades, particularly in fine art auctions, with percentages in the region of 10–30%. [2] In real estate auctions in many European countries, the buyer's premium, if charged at all, is much less (2–2.5%). More recently in the UK, however, repossessed properties have been ...
On 22 July 2015, Violette Szabo's medals and numerous associated items [66] were sold at auction, realising £260,000 (£312,000 including buyer's premium). [67] The purchaser was Lord Ashcroft, [68] who placed the George Cross on permanent display at the Imperial War Museum from 7 October 2015. [69] [70]
The 31-inch tree, complete with 25 branches, 12 berries and six mini candle holders, was estimated to sell for only £60-80 ($76-$102) at auction house Hansons Auctioneers in the southeastern ...
In June 1693, John Evelyn mentions a "great auction of pictures (Lord Melfort's) in the Banqueting House, Whitehall", [1] [2] and the practice is frequently referred to by other contemporary and later writers. [1] Normally, an auction catalog, that lists the art works to be sold, is written and made available well before the auction date.
A vast collection of art, furniture, silver, ceramics, and jewelry long held in the private collection of the Rothschild banking dynasty sold for more than $62.6 million over several auctions at ...
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Tarisio introduced two features to reduce buyer's premiums and encourage early bidding. The first, implemented in October 2013, is First In, Last Out , in which someone who bids both first and last on a lot pays a reduced buyer’s premium of 18% up to and including $200,000 (£100,000) and 13% thereafter.