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.
'' + '' 21% VAT applies to both the hammer price and the buyer''s premium. The premium is 51.25% incl. VAT over the first €20.000, plus 45.2% incl. VAT of the hammer price between €20,001 and €800.000, plus 35.52% of any amount in excess of €800.000.