VAT rate of 5% is payable on hammer price and at 15% on the buyer's premium
The Studio, Chartwell.
Sarah Churchill, Lady Audley.
Anonymous sale; Sotheby's, London, 3 November 1982, lot 100, where purchased by the present owner's father.
A gift to the present owner from his father in 1984-5.
Property from the Collection of Malcolm S. Forbes, Jr., New Jersey
D. Coombs, Churchill, his paintings, London, 1967, p. 240, no. 428, illustrated, dated 1949.
D. Coombs, Sir Winston Churchill's Life Through his Paintings, London, 2003, pp. 197, 255, no. C 428, fig. 404, dated 1949.