Research & Analysis Institute for Art
Tools / Buyer Premium

Buyer Premium Calculator

Input the hammer price to see exactly what you will pay under standard major auction house tiered structures (Christie's/Sotheby's 2024 estimates).

$

Enter amount without commas.

Result Breakdown

Hammer Price:
Tier 1 (26% on first $1M):
Tier 2 (21% on $1M - $6M):
Tier 3 (14.9% above $6M):
Total Premium:
Final Price You Pay

Assumptions: Calculations use standard generalized tiers (26% up to $1m, 21% from $1m-$6m, 14.9% above $6m). Excludes local sales tax, VAT, artist resale rights, and shipping.