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.
Leonard Gow; his sale, Christie's, London, May 31, 1937, lot 180 (£ 231,-, to Craddock).
With Colnaghi's, London (their stock no. C 11982 verso)
Gordon W. Nowell-Usticke, Christiansted, St. Croix, Virgin Islands; his sale, Parke-Bernet Galleries, New York, 31 October - 1 November, 1967, lot 92 ($ 13.000).