On occasion, Christie's has a direct financial interest in lots consigned for sale which may include guaranteeing a minimum price or making an advance to the consignor that is secured solely by consigned property. This is such a lot. This indicates both in cases where Christie's holds the financial interest on its own, and in cases where Christie's has financed all or a part of such interest through a third party. Such third parties generally benefit financially if a guaranteed lot is sold successfully and may incur a loss if the sale is not successful.
VAT rate of 5% is payable on hammer price and at 15% on the buyer's premium
Galka E. Scheyer, Los Angeles, by September 1936.
Nierendorf Gallery, New York, by July 1942.
Hilla Rebay, New York, by February 1945.
The Solomon R. Guggenheim Museum, New York, a gift from the estate of the above in 1971; sale, Sotheby's, New York, 20 October 1971, lot 50. Acquired at the above sale by the late owners.
PROPERTY FROM THE ESTATE OF J. IRWIN AND XENIA S. MILLER
The artist's handlist, watercolours, as 'xii 1934, 544, Distribution (Aq.)'.
V. Endicott Barnett, Kandinsky Watercolours: Catalogue Raisonné, Volume Two, 1922-1944, London, 1992, no. 1171 (illustrated pp. 391 and 401).
New York, Museum of Non-Objective Painting, The Solomon R. Guggenheim Museum, In Memory of Wassily Kandinsky, March - August 1945, no. 202.
Lakeland, Florida Southern College, Art of Tomorrow - Bauer, Kandinsky, Rebay: Exhibition of Non-Objective Painting, February 1955, no. 544.