VAT rate of 5% is payable on hammer price plus buyer's premium
Post Lot Text
C.f. C. Oman, British Rings 800 - 1914, London, 1974, pl.88 (e) (f) and Dalton, op. cit. (1912) no. 1545 (dated 1722) and no. 1533 (dated 1726), also The Victoria and Albert Museum Jewellery Gallery, Case 34, Board E, no. 13 (dated 1720).