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.
Estate of the above.
Hirschl & Adler Galleries, Inc., New York, acquired from the above.
Acquired by the late owner from the above, November 1997.
THE COLLECTION OF ALICE LAWRENCE
New York, Hirschl & Adler Galleries, Inc., Theodore Roszak--Lighter Than Air: Masterworks from the Estate, September 25-November 15, 1997, no. 42.