Auction introduction: Effective May 20th, 2024, Sotheby's has lowered its Buyer's Premium rates and removed Overhead Premium for all categories excluding Wine & Spirits. Sotheby's Overhead Premium will only be charged for Wine & Spirits lots. Please refer to the Conditions of Business located on the relevant sale page for the updated rates.Effective May 20th, 2024, Sotheby's has lowered its Buyer's Premium rates and removed Overhead Premium for all categories excluding Wine & Spirits. Sotheby's Overhead Premium will only be charged for Wine & Spirits lots. Please refer to the Conditions of Business located on the relevant sale page for the updated rates.