Spink to raise premium

Posted on Wed, 31 January 2007 by Phil Mussell
Posted in: Banknote News, Coin News, General News, Medal News
In a bold move Spink are to raise their Buyer’s Premium from a flat 15% to 20% on the first £2000 pounds of the hammer price and 15% on the remaining balance. The new rates will take effect from March 15th 2007.

Olivier Stocker, CEO of Spink comments “This marginal increase in the Buyer’s Premium will allow Spink to continue to enhance many services we provide for clients and open doors to several new projects Spink wish to take on in 2007 to benefit the expanding marketplace,”

Whether buyers, and indeed sellers, see it like that remains to be seen!

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