How to return to the hammer price from the displayed sale price
Auction houses that publish their sales results now display a sale price that includes the Buyer's Premium (1).
Instructions
- Enter the amount obtained from the sale as indicated by the auction house. Example: 12500
- Enter the percentage (%) of the Buyer's Premium added to the hammer price of the work in question. Example: 25
Calculations are performed automatically.
(1) Note: this Buyer's Premium varies depending on the auction house and the hammer price obtained. Please consult the auction house’s website for more details.