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.
Anonymous sale, Christie's, London, 28 June 1994, lot 105.
Acquired at the above; sale, Sotheby's, London, 9 February 2005, lot 243.
Private collection, London, by whom acquired at the above sale, and thence by descent to the present owner.
THE PROPERTY OF A PRIVATE COLLECTOR