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.
Christie's, London, 17 December 1982, lot 87. The British Ambassador to St. Petersburg, circa 1900. Thence by descent.
Please note the back of this frame is not ivory as stated in the catalogue and does not require a CITES licence for export purposes.