.jpg?maxwidth=3840)
Lot 53 |PROPERTY FROM A DISTINGUISHED PRIVATE COLLECTION
MARC CHAGALL (1887-1985)
L'idylle en bleu
Closed28 May 2023
Price Realised
HKD 24,575,000
More Information
MARC CHAGALL (1887-1985)
L'idylle en bleu
signed 'Marc Chagall' (lower right); signed again 'Marc Chagall' (on the reverse)
oil and tempera on canvas
81 x 65 cm. (31 7/8 x 25 5/8 in.)
Painted in 1979
L'idylle en bleu
signed 'Marc Chagall' (lower right); signed again 'Marc Chagall' (on the reverse)
oil and tempera on canvas
81 x 65 cm. (31 7/8 x 25 5/8 in.)
Painted in 1979
MARC CHAGALL (1887-1985)
L'idylle en bleu
signed 'Marc Chagall' (lower right); signed again 'Marc Chagall' (on the reverse)
oil and tempera on canvas
81 x 65 cm. (31 7/8 x 25 5/8 in.)
Painted in 1979
L'idylle en bleu
signed 'Marc Chagall' (lower right); signed again 'Marc Chagall' (on the reverse)
oil and tempera on canvas
81 x 65 cm. (31 7/8 x 25 5/8 in.)
Painted in 1979
Seibu Department Store, Tokyo
Acquired from the above, circa 1985; sale, Christie’s New York, 12 May 2016, lot 52C
Acquired at the above sale by the present owner
Acquired from the above, circa 1985; sale, Christie’s New York, 12 May 2016, lot 52C
Acquired at the above sale by the present owner
Ibaraki, Kasama Nichido Museum of Art, Chagall, June - July 1986, no. 32 (illustrated).
The Comité Marc Chagall has confirmed the authenticity of this work.
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.
Where Christie’s has provided a Minimum Price Guarantee it is at risk of making a loss, which can be significant, if the lot fails to sell. Christie’s therefore sometimes chooses to share that risk with a third party who agrees prior to the auction to place an irrevocable written bid on the lot. If there are no other higher bids, the third party commits to buy the lot at the level of their irrevocable written bid. In doing so, the third party takes on all or part of the risk of the lot not being sold. Christie's compensates the third party in exchange for accepting this risk provided that the third party is not the successful bidder. The remuneration to the third party may either be based on a fixed fee or an amount calculated against the final hammer price. The third party may also bid for the lot above the irrevocable written bid. Where the third party is the successful bidder, the third party is required to pay the hammer price and the buyer's premium in full.
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.