VAT rate of 5% is payable on hammer price and at 15% on the buyer's premium
First: Acquired prior to 1966; Second: Acquired prior to 1975; Third: A.W. Bahr Collection, Weybridge, 1963; Fourth: C.T. Loo & Co., New York. Frank Caro, New York, 1961; Fifth: A.W. Bahr Collection, Weybridge, 1963.