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<p>[QUOTE=&quot;TIF, post: 1883055, member: 56859&quot;]I found that to be true with my first G&amp;M foray.&nbsp; Didn&#039;t know beforehand, hadn&#039;t investigated their typical estimate vs reality.&nbsp; Spent two weeks plotting, prioritizing, strategizing... intending to pick up 2-3 large mixed lots.&nbsp; I was quickly blown out of the water and felt shell-shocked afterwards.</p><p><br /></p><p><br /></p><p>17.5% is the buyers fee-- the auction house&#039;s &#039;tax&#039;.&nbsp; I&#039;ve seen them as low as 10% and as high as 21.5%.&nbsp; It adds up pretty quickly, especially if you are also dealing with an unfavorable exchange rate. </p><p><br /></p><p>For instance, Roma (London).&nbsp; For a US buyer, between the buyers fee, current exchange rate, and shipping you&#039;ll end paying almost twice the hammer price.[/QUOTE]</p><p><br /></p>

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