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.
All lots sold not cleared by 1.00p.m. on the Thursday following the sale will be removed to the warehouse of:
Cadogan Tate Ltd., Fine Art Services
Cadogan House, 2 Relay Road
London W12 7JS
Telephone: 44 (0)20 8753 3700
Facsimile: 44 (0)20 8753 3701
Lots will be available for collection following transfer to Cadogan Tate on the Friday following the sale and every weekday from 9.00 a.m. to 5.00 p.m.
PLEASE NOTE THAT THERE WILL BE NO CHARGE TO PURCHASERS WHO COLLECT THEIR LOTS WITHIN ONE WEEK OF THE SALE.
On the Thursday one week after the sale, a transfer and administration charge of £18.50 per lot will be payable and a storage charge of £3.20 per lot per day will then come into effect. These charges are payable to Cadogan Tate and are subject to VAT and an insurance surcharge.
On occasion Christie's has a direct financial interest in lots consigned for sale. This interest may include guaranteeing a minimum price to the consignor of property or making an advance to the consigned property. Such property is offered subject to a reserve. This is such a lot.