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.
Christie’s generally offers property consigned by others for sale at public auction. From time to time, lots are offered which Christie’s International Plc or one of its subsidiary companies owns in whole or in part. Each lot of such property is offered subject to a reserve, unless state otherwise, and is identified with the symbol ? next to the lot number. 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 consignor which is secured solely by consigned property. Such property is also offered subject to a reserve and will be identified by the symbol °next to the lot number. Where Christie’s has an ownership or financial interest in every lot in the catalogue, Christie’s will not designate each lot with the appropriate symbol but will state in a legend at the front of the catalogue that we have an interest in every lot in the sale.