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

Bonhams has been forced to clarify how it holds auctions for good causes after complaints about a recent sale

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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