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.
Sold Christie's Geneva, "Magnificent Jewels," 14 May 1980, lot 567, for SF 160,000
Post Lot Text
The beaker by engraver and goldsmith Jules Brateau, 1844-1923, worked for the house of Boucheron and others. The panel was executed by Paul Grandhomme, an enamel painter who worked with Puvis de Chavannes and Delaunay. In 1877, Alfred-Jean Garnier became his pupil and later his assistant, and together, they completed the famous enamel after Gustave Moreau.