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No VAT will be charged on the hammer price, but VAT at 17.5% will be added to the buyer's premium which is invoiced on a VAT inclusive basis.
A Bucherer 18ct. gold wristwatch with tigers eye dial,

Details
A Bucherer 18ct. gold wristwatch with tigers eye dial, with dauphine hands, nickel finished 17-jewel movement, rectangular case with snap on back, 23mm., on leather straps.
Special Notice

No VAT will be charged on the hammer price, but VAT at 17.5% will be added to the buyer's premium which is invoiced on a VAT inclusive basis.
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