BIBLIOTHÈQUE R. ET B. L. : AUTOGRAPHES ET MANUSCRITS XIXe ET XXe SIÈCLES - ÉCRIVAINS - MUSICIENS - PEINTRES - En association avec SOTHEBY's

INFORMATION TO BUYERS
All property is being o! ered under French
Law and the Conditions of Sale printed
in this catalogue in respect of online
bidding via the internet, the BIDnow
Conditions on the Sotheby’s website (the
“BIDnow Conditions”).
The following pages are designed to
give you useful information on how to
participate in an auction. Our sta! as
listed at the front of this catalogue will be
happy to assist you. Please refer to the
section Sales Enquiries and Information.
It is important that you read the following
information carefully.
Prospective bidders should also
consult www.sothebys.com for the most
up to date cataloguing of the property in
this catalogue.
Provenance In certain circumstances,
Sotheby’s may print in the catalogue
the history of ownership of a work of
art if such information contributes to
scholarship or is otherwise well known
and assists in distinguishing the work of
art. However, the identity of the seller or
previous owners may not be disclosed
for a variety of reasons. For example,
such information may be excluded to
accommodate a seller’s request for
conÞ dentiality or because the identity of
prior owners is unknown given the age of
the work of art.
Buyer’s Premium According to
Sotheby’s Conditions of Sale printed
in this catalogue, the buyer shall pay to
Sotheby’s and Sotheby’s shall retain
for its own account a buyer’s premium,
which will be added to the hammer price
and is payable by the buyer as part of the
total purchase price.
The buyer’s premium is 25% of
the hammer price up to and including
€250,000, 20% of any amount in
excess of €250,000 up to and including
€2,500,000, and 13.9% of any amount
in excess of €2,500,000, plus any
applicable VAT or amount in lieu of VAT at
the applicable rate.
VAT RULES
Property with no VAT symbol (Margin
Scheme) Where there is no VAT symbol,
Sotheby’s is able to use the Margin
Scheme and VAT will not normally be
charged on the hammer price. Sotheby’s
must bear VAT on the buyer’s premium
and hence will charge an amount in lieu
of VAT (currently at a rate of 20% or
5.5% for books) on this premium. This
amount will form part of the buyer’s
premium on our invoice and will not be
separately identiÞ ed.
Property with