No VAT will be charged on the hammer price, but VAT at 15% will be added to the buyer's premium which is invoiced on a VAT inclusive basis.
From time to time, Christie's may offer a lot which it owns in whole or in part. This is such a lot.
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.
Please note that this lot is marked with a red square in the catalogue and will therefore be transferred to storage at 9.00am the day after the sale.