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.
John Pierpont Morgan (1837-1913) Collection, New York.
with Rosenberg & Stiebel, New York.
Henry Ford II (1917-1987) Collection; Sotheby, Parke, Bernet, New York, 25 February 1978, lot 31.
Sotheby's, New York, 21 June 1994, lot 118.