No VAT will be charged on the hammer price, but VAT at 17.5% will be added to the buyer's premium which is invoiced on a VAT inclusive basis
Post Lot Text
The firm of Morozov was founded in St. Petersburg in 1849, by Ivan Yevdokimovich Morozov, and was a purveyor to the court, producing a variety of silver, gold and enamel items. Several master foremen who worked for the business are known, but the maker of this case with the cyrillic initials I.P. is not recorded.