Contemporary and Post-War Art Wed, 15 Mar 2017 11:00am
Sunday, 12 March 12-4pm Monday, 13 March 10am-5pm Tuesday, 14 March 10am-5pm Morning of the sale from 9am
Notes for Buyers
Buyers premium 25% up to £100,000, 20% thereafter VAT will be charged on the premium at the rate imposed by law. No VAT is payable on the hammer price or premium for books or unframed maps bought at auction.
Live internet bidding incurs an additional fee of 3% (Y) - May be subject to CITES regulations (†) - 20% VAT chargeable on the lot itself (*) - 5% import tax on the lot
New to Lyon & Turnbull?
We kindly ask that all first time bidders supply the following documents: 1 - Government issued photo ID (Passport/ Driving licence) 2 - Proof of address (utility bill/ bank statement)
Droit de Suite § indicates works which may be subject to the Droit de Suite or Artist’s Resale Right, a royalty payment for all qualifying works of art. Under new legislation which came into effect on 1st January 2012, this applies to living artists and artists who have died in the last 70 years. This royalty will be charged to the buyer on the hammer price and in addition to the buyer’s premium. It will not apply to works where the hammer price is less than €1,000 (euros). The charge for works of art sold at and above €1,000 (euros) and below €50,000 (euros) is 4%. For items selling above €50,000 (euros), charges are calculated on a sliding scale. More information on Droit de Suite is available at www.dacs.org.uk
Endangered Species Please be aware that lots marked with the symbol Y contain material which may be subject to CITES regulations when exporting outside the EU. For more information visit http://www.defra.gov.uk/ahvla-en/ imports-exports/cites