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.
Jonas Netter, Paris, and thence by descent to the present owner.
PROPERTY FROM A EUROPEAN PRIVATE COLLECTOR
J. Kisling & H. Troyat, Kisling, 1891-1953, vol. II, Turin, 1982, no. 28 (illustrated p. 262).