Also: "A buyer’s premium will be added to the purchase of all lots in the sale, and is payable by the purchaser as part of the total purchase price. The buyer’s premium is 25% of the hammer price up to and including $250,000, 20% of the hammer price in excess of $250,000 up to and including $3,000,000, and 12.5% on the portion of the hammer price in excess of $3,000,000.
Guernsey’s also receives a commission directly from the Consignor."