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.
Cazenave collection, Paris.
Anonymous sale, Sotheby's, New York, 12 May 1987, lot 349.
Acquired at the above sale; sale, Sotheby's, New York, 4 May 2006, lot 443.
Private collection, London, by whom acquired at the above sale, and thence by descent to the present owner.
THE PROPERTY OF A PRIVATE COLLECTOR
(possibly) Paris, Galerie de France, Georges Braque, 1951, no. 28.