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.
See: Gernsheim [Ed.], Alvin Langdon Coburn Photographer, pl. nos. 1 and 9; Weaver, Alvin Langdon Coburn Symbolist Photographer, p. 40 (illustrated).