by Roland Arkell
Dix Noonan Webb (DNW) has become the first UK numismatics auction house to set its buyer’s premium beyond 20%. The London coins, medal and jewellery specialist will charge a premium of 24% from September.
DNW says the change follows a decade of technological revolution which has brought about a sea change in clients’ needs and expectations. “The last time that we increased the buyers’ premium was in 2009 and since then the auction world has changed almost beyond recognition,” said managing director and CEO Pierce Noonan.