LOT 48A ALEXANDER CALDER (1898-1976)The Moon and The Loop
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ALEXANDER CALDER (1898-1976)The Moon and The LoopALEXANDER CALDER (1898-1976)The Moon and The Loopincised with the artist's monogram 'CA' (on the largest red element)sheet metal, wire and paint46 x 57 in. (116.8 x 144.8 cm.)Executed in 1953.Details ALEXANDER CALDER (1898-1976)The Moon and The Loopincised with the artists monogram CA (on the largest red element)sheet metal, wire and paint46 x 57 in. (116.8 x 144.8 cm.)Executed in 1953. Provenance Perls Galleries, New YorkSelden Rodman, PrincetonWeintraub Gallery, New YorkPrivate collection, New York, 1967By descent from the above to the present owner, 2013 Literature P. E. Guerrero, A Photographers Journey with Frank Lloyd Wright, Alexander Calder, and Louise Nevelson, New York, 2007, pp. 94-95 (illustrated). Exhibited New York, Solomon R. Guggenheim Museum, Sixty Years of Living Architecture: The Work of Frank Lloyd Wright, October-December 1953. Special Notice On occasion, Christies 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 Christies has provided a Minimum Price Guarantee it is at risk of making a loss, which can be significant, if the lot fails to sell. Christies 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 is registered in the archives of the Calder Foundation, New York, under application number A07327. Conditions of saleOn occasion, Christie's has a direct financial int… Read more Property from a Private Collection, New York
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