Christie's quietly changes the schedule for its buyer's premium; World Art Lounge launches gallery pop-up concept; London Contemporary sales down over last 2 years; Christie's catches a fraud.

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Christie’s Has a New Schedule for Buyer’s Premium Fees

Christie’s has quietly put into place a new fee schedule for the buyer’s premium.

• Following an internal business review, Christie's International announces an updated Buyer’s Premium schedule that will result in a modest increase in the fee paid by the successful buyer of an item at auction. Christie’s last updated its Buyer’s Premium fees in September 2017.