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  • I am not too familiar with auctions, but have looked into some elsewhere and buyers premium is usually around 30% of the sale price, plus VAT.

    There is usually a sellers premium too, so the auction house gets a cut from both sides.

    Not heard of 2 premiums to the same buyer though, but I am not experienced enough to say whether you are right or not.

    Edit: online premiums are usually around 1% as one fee and then 20-30% on the hammer price as well.
    And then VAT on top for everything.

    E.G. hammer price of £800
    (maybe 20% VAT - £160)
    1% online premium - £8
    (VAT - £1.60)
    25% buyers premium - £200
    (VAT - £40)

    Total - £1209.60

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