VAT rate of 5% is payable on hammer price and at 17.5% on the buyer's premium.
Galerie de l'Elysée (Alex Maguy), Paris (no. 1687).
Acquired by the parents of the previous owner before 1980, and thence by descent; sale, Sotheby's, Paris, 13 December 2007, lot 45 (EUR 264,250).
Patrick Painter Inc., Santa Monica, CA.
Acquired from the above by the present owners.
THE PROPERTY OF A PRIVATE AMERICAN COLLECTOR