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
Note: The 3c. charge was reduced from 5c. per ½oz. by the U.S.P.O. in April 1868 on letters carried by the Atlantic Mail S.S. Co., under contract for mail service from New York to Nassau.