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.
Julien Levy, New York, by whom acquired from the artist; his sale, Sotheby's, New York, 5 November 1981, lot 152.
Timothy Baum Collection, New York.
Galeria Manuel Barbié, Barcelona.
Acquired from the above by the present owner in 2001.
PROPERTY FROM A EUROPEAN COLLECTION
P. Matisse, Yves Tanguy, Un recueil de ses oeuvres, New York, 1963, no. 366 (illustrated p. 164; incorrect dimensions: 8 x 16.5 cm.).