VAT rate of 17.5% is payable on hammer price plus buyer's premium.
Anonymous sale, Sotheby's, New York, 12 May 1987, lot 371.
Acquired at the above sale by the present owner.
M.L. Borràs, Picabia, London, 1985, no. 746, p. 530 (illustrated p. 432, fig. 921).