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According to China Guardian International Auction Co. Ltd., their buyer’s premium will increase by two percentage points beginning with the 2007 Spring Auctions. The new buyer’s premium will apply to all of the company’s auction categories and lot types.

Representatives of China Guardian let it be known that this raise in fees was decided upon after a long period of consideration, and was a decision founded upon the company’s internal situation, with the intention of adapting to the continually rising cost of shipping as well as the company’s continually increasing demands towards its levels of customer service.

Representatives also expressed their confidence that because the increase was minor, there will not be any large influence on the market.