On occasion, Christie's has a direct financial interest in the outcome of the sale of certain lots consigned for sale. This will usually be where it has guaranteed to the Seller that whatever the outcome of the auction, the Seller will receive a minimum sale price for the work. This is known as a minimum price guarantee. This is such a lot.
Grand Central Art Galleries, New York.
Acquired by the present owner from the above, 1990.
Property from the Samuel B. and Marion W. Lawrence Collection
New York, Grand Central Art Galleries, Inc., New York: Empire City in the Age of Urbanism (1875-1945), December 14, 1988-January 26, 1989.