Saturday 6 January 2018
A Rosenthal Studio Line porcelain part tea and dinner service, of recent design, with...
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Lot 5
Description
A Rosenthal Studio Line porcelain part tea and dinner service, of recent design, with silver line design, to comprise tea pot and cover, two jugs, two sugar bowls with covers, a pair of tureens with covers, six dinner plates, six mediums plates, six bread plates, ten bowls, two cups, five saucers, a coffee cup and seven saucers, with eleven glass finger bowls and twelve stands, together with a Royal Doulton Rondelay pattern part coffee and dinner service, to include a coffee pot, six tea cups, six coffee cans, seven tea saucers, seven coffee saucers, sugar pot and lid, sugar pot without lid, two large jugs, sauce jug and base two vegetable dishes with lids, seven dinner plates, six medium plates, six bread and butter plates, a sandwich plate, an oval plate and two tiers of a sandwich waiter (a lot)
Fees & VAT
Buyer's Premium
The buyer shall pay the hammer price together with a premium thereon of 26% up to £20,000 (31.2% inclusive of VAT), 25% from £20,001 - £500,000 (30% inclusive of VAT), 20% from £500,001 thereafter (24% inclusive of VAT). The premium price is subject to VAT at the standard rate.
VAT
VAT is not charged on the hammer price unless it is stated that there is 'VAT applicable on the hammer price at the end of the description. Buyer's premium is subject to VAT.(ARR) - ARTIST'S RESALE RIGHT
Qualifying living artists and the descendants of artists deceased within the last 70 years are entitled to receive a re-sale royalty each time their work is bought through an auction house or art market professional.
It applies to lots with hammer value over £1,000 as follows:
0 to £50,000 - 4%
£50,000.01 to £200,000 - 3%
£200,000.01 to £350,000 - 1%
£350,000.01 to £500,000 - 0.5%
Exceeding £500,000 - 0.25%
ARR is capped at £12,500
Please note ARR is calculated in euros. Auctioneers will apply current exchange rates.
Export of goods
Buyers intending to export goods should ascertain whether an export licence is required before bidding. Export licences are issued by Arts Council England and application forms can be obtained from its Export Licensing Unit. Details can be found on the ACE website www.artscouncil.org.uk or by phoning ACE on 020 7973 5188. The need for import licences varies from country to country and you should acquaint yourself with all relevant local requirements and provisions before bidding. The refusal of any such licences shall not permit the cancelling of any sale nor allow any delay in making full payment for the lot.
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