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.
Please note the correct provenance for this work is as follows:
Pace Wildenstein, New York
Waddington Galleries, London
Acquired from the above by the present owner