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.
Christie's, New York, 30 November 1999, lot 127.
Acquired by the present owner from the above.
Property from a Southern Collection
New York, Berry-Hill Galleries, Inc., Raymond Jonson: Pioneer Modernist Painter of New Mexico, February-March 1986, no. 20.