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Guaranteeing Picasso
- Source :
- ARTnews. Nov, 1999, Vol. 98 Issue 10, p98, 2 p.
- Publication Year :
- 1999
-
Abstract
- A Sotheby's customer has guaranteed Pablo Picasso's 1938 work 'Seated Woman in a Garden' for $40 million. It is believed that, if bidding goes above the $40 million guaranteed price by $2 million or less, the guarantor will receive all of the difference. The guarantor will be entitled to 50% of any amount beyond that.
- Subjects :
- Sotheby's Inc. -- Management
Auctions -- Management
Arts, visual and performing
Subjects
Details
- ISSN :
- 00043273
- Volume :
- 98
- Issue :
- 10
- Database :
- Gale General OneFile
- Journal :
- ARTnews
- Publication Type :
- Academic Journal
- Accession number :
- edsgcl.69379651