VAT rate of 5% is payable on hammer price and at 15% on the buyer's premium
Please note the following provenance for this lot:
With Chenil Gallery, London.
Sir Michael E. Sadler; Christie's, London, 30 November 1928, lot 148, as 'The South Downs, near Brighton', dated 1900.
Lady Jones; Christie's, South Kensington, 16-17 October 1980, lot 285. With Browse & Darby, London.
Anonymous sale; Christie's, London, 20 June 1995, lot 239, where acquired by the present owner.