VAT rate of 5% is payable on hammer price and at 17.5% on the buyer's premium.
This bear belonged to a woman who worked for Steiff for over 40 years, five of them while Margarete Steiff was still alive. A wooden plaque, inscribed by Paul Steiff, was presented to her to mark her 40 years with the company on the 14th March 1944. This plaque is not included with this bear, but is illustrated in the original auction catalogue.
Purchased from the Steiff Festival Auction in Giengen, 19th June 1999, lot 78.
TEDDY BEAR, 1920s