No VAT will be charged on the hammer price, but VAT at 17.5% 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.
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 Chantal Crousel, Paris.
Acquired from the above by the present owner in 2003.
Please note the estimate should read 50,000 - 70,000GBP.
PROPERTY OF A DISTINGUISHED PRIVATE COLLECTOR