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Sotheby’s Announces New Fees Structure

International auction house Sotheby’s has announced a new structure for its fees for buyers and sellers. The details were revealed by Chief Executive Officer Charles F. Stewart in a release on February 1st. The statement reads: “As a Sotheby’s client, you deserve clarity and simplicity when buying and selling with us. So today, in response to consistent feedback, we’re announcing the most significant changes to our fee structures in more than 40 years. “First, we’ve...

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