LOT 3A PABLO PICASSO (1881-1973)L'Arlésienne (Lee Miller)
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Details PABLO PICASSO (1881-1973)LArlésienne (Lee Miller)dated and numbered 11 Septembre 37 (I) (on the stretcher)oil and Ripolin on canvas28 7/8 x 23 1/2 in. (72.7 x 59.8 cm.)Painted in Mougins on 11 September 1937 Provenance Estate of the artist (until at least the early 1990s).Private collection (by descent from the above).PaceWildenstein, New York (acquired from the above, 15 September 1998).Acquired from the above by the late owner, 14 January 1999. Literature D.D. Duncan, Picassos Picassos: The Treasures of La Californie, London, 1961, pp. 131 and 225 (illustrated in color, p. 131; illustrated again, p. 225).Y. Clergue, Pablo Picasso: Portraits dArlésiennes, 1912-1958, exh. cat., The van Gogh Foundation, Arles, 2005, pp. 74 and 165 (illustrated in color, p. 75; detail illustrated in color, p. 42; titled Sans titre).J. Palau i Fabre, Picasso: from the Minotaur to Guernica, 1927-1939, Barcelona, 2011, pp. 340 and 446, no. 1045 (illustrated in color, p. 340; titled Portrait of Lee Miller in Arlésienne Costume I). 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 Claude Picasso has confirmed the authenticity of this work. Conditions of sale
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