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.
Artist's Resale Right ("Droit de Suite"). Artist's Resale Right Regulations 2006 apply to this lot, the buyer agrees to pay us an amount equal to the resale royalty provided for in those Regulations, and we undertake to the buyer to pay such amount to the artist's collection agent.
Galerie Levy, Hamburg.
Acquired from the above circa 1984; sale, Christie's, 10 London February 2005, lot 718.
Private collection, London, by whom acquired at the above sale, and thence by descent to the present owner.
THE PROPERTY OF A PRIVATE COLLECTOR