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 Fred Wesley, New York, acquired from the artist
His sale; Sotheby's, New York, 6 October 2005, lot 83
Acquired at the above sale by the present owner
PROPERTY OF A DISTINGUISHED NEW YORK COLLECTOR