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There's a problem that's been bothering me.
To participate in the auction (such as Sotheby's), the transaction price includes commission (the buyer undertakes), does the seller also pay commission (the amount is the same as the buyer)?
Each auction house has it's own rules
Do study the termes of sale carefully first. There are usually fees for the seller and for the buyer.
Look at that sample:
Check out the source for some more hints: Link
Check out Wikipedia for types of auction, bidding strategy or collusion: Link
Therefore there would be the general question, which way to sell your vintage watch is to prefer?
Since it is a completely new topic you may open a new thread?