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.
From time to time, Christie's may offer a lot which it owns in whole or in part. This is such a lot.
Colonel Fairfax Rhodes.
Anonymous sale; Sotheby's, London, 10 April 1963, lot 186 (sold for £51 to C.G. Walton).
Anonymous sale; Sotheby's, London, 7 June 2005, lot 38.