BUYER’S PREMIUM

(a) Buyer’s Premium for “Decorative Art”, “American History”, and “American Indian and Western Art” and any other specialized auctions. The Auctioneer will collect and retain from the Buyer, as additional commission, a premium equal to 17 ½% of the Sale Price of each Lot up to and including $200,000, plus 12 ½% of the amount by which the Sale Price exceeds $200,000.

(b) Buyer’s Premium for “Antique and Modern Firearms” and "the World at War" auctions. The Auctioneer will collect and retain from the Buyer, as additional commission, a premium equal to 15% the Sale Price of each Lot up to and including $200,000, plus 10% of the amount by which the Sale Price exceeds $200,000.