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.
Artist's Resale Right ("Droit de Suite"). Artist's Resale Right Regulations 2006 apply to this lot, the buyer agrees to pay us an amount equal to the resale royalty provided for in those Regulations, and we undertake to the buyer to pay such amount to the artist's collection agent.
Cabinet Gallery, London.
Acquired from the above by the present owner.
I am interested in ambiguity in paintings so that it is often impossible to say what is the correct interpretation. In a way, I give an image time to breathe and then see if the connection comes later, never providing a definitive statement.