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The Guardian - UK
The Guardian - UK
Politics
Dalya Alberge

Top UK auction house told to stop taking buyer’s premium for charity sales

Bonhams John Brandler United Kingdom Cancer the Teenage Cancer Trust Chris Levine Teenage Cancer Trust Charlie Ross Kate Moss Phillips
Artist Chris Levine’s 2016 screenprint of Kate Moss was auctioned by Bonhams last month in a charity sale to raise funds for the Teenage Cancer Trust
Artist Chris Levine’s 2016 screenprint of Kate Moss was auctioned by Bonhams last month in a charity sale to raise funds for the Teenage Cancer Trust. Photograph: © Chris Levine and Sphere9 Ltd. All rights reserved DACS 2024.

Bonhams, the leading auction house, has clarified how it conducts its charity auctions after complaints that it was taking a “buyer’s premium” from a recent sale for a good cause.

The buyer’s premium is a charge in addition to hammer price that is retained by the auction house.

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