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
Sidney Janis Gallery, New York, by whom acquired from the artist in 1954.
Babs Simpson, New York.
Sidney Janis Gallery, New York.
Acquired from the above by the late owners in May 1972.
PROPERTY FROM THE ESTATE OF J. IRWIN AND XENIA S. MILLER
New York, Sidney Janis Gallery, 10th anniversary exhibition, September - November 1958, no. 93.
Biot, Musée national Fernand Léger, Fernand Léger, 1960.