Global contemporary art events and news observed from New York City. Suggestion? Email us.

Christie’s Adds 2% Commission Fee to High-Achieving Sales

Monday, September 29th, 2014

Christie’s has added a new fee to its auction sales this month, a 2% performance fee that rewards sales far exceeding pre-sale estimates.  “The purpose is to incentivize and reward high performance that exceeds consignors’ expectations,” says Christie’s head of communications Paddy Feeny.  (more…)