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.
Galerie Michael Werner, Cologne.
Acquired from the above by the previous owner in 1985.
Anon. sale, Sotheby's London, 18 June 2007, lot 623.
PROPERTY OF A GENTLEMAN
J. Yau, A.R. Penck, New York 1993 (another from the edition illustrated, p. 59).
Berlin, Daimler Chrysler Contemporary, Private/Corporate III, 2005 (illustrated in colour, pp. 9 & 41).