No VAT will be charged on the hammer price, but VAT at 17.5% will be added to the buyer's premium, which is invoiced on a VAT inclusive basis.
The artist's estate (no. 1-82-5).
Richard A. Cohn, Ltd., New York.
Anonymous sale, Ketterer Kunst, Munich, 25 May 1998, lot 289.
Acquired at the above sale by the present owner.
Milan, Palazzo Reale, L'anima e il volto: ritratto e fisiognomica da Leonardo a Bacon, October 1998 - March 1999.