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
The Earls of Warwick and thence by descent
Sotheby's, London, 5 June 1997, lot 339
THE WARWICK GRAHAM
Warwick is undeniably one of the most beautiful mediaeval castles in England. Situated eight miles from Stratford-upon-Avon, Warwick, is a fortified town that was established in 914 by Aethelflaed, widow of King Ethelred to protect her from the Danes. Later in the 11th century William and Conqueror built the castle and it was run by his Norman Barons. In the 15th Century a more famous nobleman occupied the castle; Richard Neville was a military man and a politician who fought for the Yorkists in the wars of the Roses and secured the throne for Edward IV in 1461. He then changed allegiance and restored the Lancastrian Henry VI to the throne in the Battle of Barnet 1470 (and was killed in the process), earning him the now famous title 'The Kingmaker'.
In the 16th and 17th Centuries the Greville family married into the title and the family name became Brooke (Willoughby de Broke). The second Lord Brooke fought against Charles I in the English civil war holding Warwick Castle against the Royalists but he later died in the battle of Lichfield in 1643.
In 1727 Francis Greville, at the tender age of eight became the 8th Lord Brooke. His Grand Tour lasted five years and like many before and after him, his adventures opened his eyes to the fashions and new-fangled architecture in Continental Europe. At vast expense Warwick's gardens were re-modeled by Capability Brown, Canaletto was commissioned to paint a celebrated picture of the castle, the interior of the castle was re-decorated, many works of art acquired and in 1759 Brooke was elevated to the Earldom of Warwick. It was almost certainly against this background that the first Earl bought the present lot by George Graham. Later in the 19th Century the castle was again re-modeled by the 4th Earl. Later still, in the 1930's the 7th Earl took to Hollywood and starred alongside Errol Flynn and David Niven in Dawn Patrol. The castle was later sold and is now beautifully maintained by its present custodians. (www.warwick-castle.co.uk).