![]() ![]() He also stated that selling one piece of work at a time is not hard to manage. The two major auction houses charge based on tiers of the hammer price, which in general is around 20% to 15% of the hammer amount.Īnd what do the auction houses think of Fair Warning? Alex Rotter, who worked with Gouzer and is the Chairman of Christie’s New York Post-War & Contemporary Art department, said that the app’s design is clever and creative. In terms of buyer’s premium, Fair Warning charges 15% of the hammer price for all artwork. ![]() Untitled (Head) realised US$15.2m and became the most expensive oil stick on paper of the artistĬomparing Fair Warning with major auction houses like Christie’s and Sotheby’s, the app’s artworks may very well be lots offered in large-scale evening sales, the four pieces sold on the app total US$13.5m. ![]()
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