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.
Anonymous sale; Christie's, London, 6 June 1947, Lot 74 (70 gns. to Barnes).
with Colnaghi & Co.
F. Ingersoll-Smouse, Joseph Vernet: Peintre de Marine, Paris, 1926, I, p. 50, no. 194 bis, fig. 38.