Sotheby's
- Auction house
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Sotheby's runs roughly 250 auctions a year across more than seventy collecting categories. For a European buyer the map matters more than the headline: the group's auction rooms on this continent are London, Paris, Geneva, Milan, Cologne, Zurich, Beaune and Edinburgh, and Beaune in particular exists because of Burgundy wine.
What you can buy
- Fine art across periods, from Old Masters to contemporary.
- Jewellery and watches, with Geneva as the traditional sale city.
- Wine, including dedicated Burgundy sales.
- Design, decorative arts and antiquities.
- Collectibles — from posters to books and manuscripts.
How the bidding works
Sales run as live room auctions with online and telephone bidding, alongside a large number of online-only sales that close on a timer. Registration is per account but bidding approval for high-value sales is granted per sale, and can require references or a deposit — worth starting before the day.
What to check before you bid
The room a lot sits in decides the currency, the premium scale and the export position, so read the sale header rather than assuming London. Online-only sales are on different terms from the room sales they sit beside. Where a lot has been on tour, the condition report may predate the travel — ask for a current one rather than relying on the catalogue photograph.
Buyer's summary
| Buyer's premium | London: 28% of the hammer price up to £1,500,000, 22% from £1.5m to £6m, then 15% — and 24% flat on wine and spirits. A separate 1% overhead premium is added on top. Paris, Geneva and Cologne publish their own conditions with their own rates. — differs by country |
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Source: Conditions of Business for Buyers — London (PDF) (12 pages, July 2026 update — Buyer’s Premium and Overhead Premium)



