Spink to Raise Buyer’s Premium
Spink, auctioneers and dealers in coins, medals,
banknotes, stamps and books, will 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.
The market for collectables at the moment is extremely strong and Spink
is confident that the market will continue to thrive under current conditions.
In the last twelve months Spink have implemented the Spink Live platform
providing their clients with the ability to bid from virtually any location on
the globe. The revised Buyer’s Premium will allow Spink to invest in
additional high quality services they provide for all
clients.
“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,” commented Olivier Stocker, CEO of
Spink.
About Spink
Spink is the world’s leading
auctioneer of coins, stamps, medals and banknotes. Since its foundation in
1666, the Spink name has become synonymous with tradition, experience and
integrity. Holders of three royal warrants and numerous records for prices
achieved at auction, Spink offer an unparalleled range of services to
collectors worldwide. Spink is headquartered in London and hold over 35
auctions a year around the globe. In June 2006 Spink shattered the world record
for a British Coin sold at auction with the sale of the Double Leopard Gold
Coin for a staggering £460,000.
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