Gustave Loiseau (1865-1935)
Gustave Loiseau (1865-1935)
Gustave Loiseau (1865-1935)
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Gustave Loiseau (1865-1935)
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On occasion, Christie's has a direct financial int… Read more The Cox Collection: The Story of Impressionism
GUSTAVE LOISEAU (1865-1935)

Rocher la Teignouse, Cap Fréhel

Details
GUSTAVE LOISEAU (1865-1935)
Rocher la Teignouse, Cap Fréhel
signed and dated 'G. Loiseau. 1906' (lower right)
oil on canvas
24 x 29 in. (61 x 74 cm.)
Painted in 1906
Provenance
Galerie Durand-Ruel et Cie., Paris (acquired from the artist, 5 September 1906).
Galerie Abels, Cologne (acquired from the above, 28 June 1957).
Anon. sale, Palais Galliera, Paris, 4 December 1972, lot 79.
Anon. sale, Sotheby & Co., London, 28 March 1973, lot 24.
Rolly-Michaux, Boston (acquired at the above sale).
Acquired from the above by the late owner, 22 February 1977.
Exhibited
Paris, Galerie Durand-Ruel et Cie., G. Loiseau, May 1957, p. 7, no. 14.
Special Notice

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.
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. Where Christie's has provided a Minimum Price Guarantee it is at risk of making a loss, which can be significant, if the lot fails to sell. Christie's therefore sometimes chooses to share that risk with a third party. In such cases the third party agrees prior to the auction to place an irrevocable written bid on the lot. The third party is therefore committed to bidding on the lot and, even if there are no other bids, buying the lot at the level of the written bid unless there are any higher bids. In doing so, the third party takes on all or part of the risk of the lot not being sold. If the lot is not sold, the third party may incur a loss. The third party will be remunerated in exchange for accepting this risk based on a fixed fee if the third party is the successful bidder or on the final hammer price in the event that the third party is not the successful bidder. The third party may also bid for the lot above the written bid. Where it does so, and is the successful bidder, the fixed fee for taking on the guarantee risk may be netted against the final purchase price.

Third party guarantors are required by us to disclose to anyone they are advising their financial interest in any lots they are guaranteeing. However, for the avoidance of any doubt, if you are advised by or bidding through an agent on a lot identified as being subject to a third party guarantee you should always ask your agent to confirm whether or not he or she has a financial interest in relation to the lot.
Post Lot Text
This work will be included in the forthcoming Gustave Loiseau catalogue raisonné currently being prepared by Didier Imbert.

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Vanessa Fusco
Vanessa Fusco Senior Vice President, Co-head of 20th Century Evening Sale

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