Europe’s leading auctioneer of fine modern and antique guns, Holt’s Auctioneers, has announced a reduction in its Buyers Premium Rates.
From its December 2015 auction onwards, the rate will now be: 25% on the first £5,000 of the hammer price, 22.5% between £5,001 and £30,000, 20% between £30,001 and £50,000 and 15% over £50,001. This means that buyers could now save up to 5% when purchasing Lots.
This is the first time that Holt’s Auctioneers has lowered its rates since 2013. Nicholas Holt explained: “As a specialist auction house, this news makes Holt’s Auctioneers an even more competitive player on the international stage. We believe that this new lowered premium system will help stimulate the top end of our market, whilst retaining our core market value.”
Holt’s Auctioneers’ next sale is on 10 December 2015.