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.
Georges Hugnet, Paris, a gift from the artist.
Galerie Di Meo, Paris.
Anonymous sale, Sotheby's, New York, 17 May 1990, lot 183.
Acquired at the above sale by the present owner.