No VAT will be charged on the hammer price, but VAT at 15% will be added to the buyer's premium which is invoiced on a VAT inclusive basis.
From time to time, Christie's may offer a lot which it owns in whole or in part. This is such a lot.
Alfred Flechtheim, Dusseldorf.
Joseph Jonas, Dusseldorf, by whom acquired from the above in the 1920s.
Mrs L.S. Gör, Leicester, by descent from the above.
Acquired from the above by the previous owner in 1989.