Quote:
Originally Posted by raulus
HA.
Typically an AH is not operated on an eleemosynary basis. My assumption is that they would get at least 5% of the $6M hammer. Said another way, the AH might only keep 5% of the 20% BP. But I guess you never know on a piece like this precisely what the parties negotiated.
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REA received more publicity than it’s ever gotten in its entire existence with this Ruth card - and Brian was fantastic with it. REA made huge strides in reaching areas of the marketplace that no other AH besides Christie’s and Sotheby’s ever have seen. I’m pretty sure the fee on this card was 0.