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.
Anon., sale Christie's Geneva, 10th November 1986, lot 45.
Please note that this lot illustration has been incorrectly labelled as lot 289 in the catalogue and the catalogue description should read:
A PFALZ-ZWEIBRÜCKEN COFFEE-CUP AND A SAUCER
The quantity should read two.