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.
F.R. Martin, acquired before 1931
The International Exhibition of Persian Art, Royal Academy of Arts, London, 1931, cat. no. 332 G, see catalogue p. 203. Lent by Dr. F.R. Martin, Florence (exhibition label still on the textile).