ANDY WARHOL (1928-1987)
Fragrance and Cosmetics, study for Halston Advertising Campaign
graphite on paper
30¼ x 40 in. (76.8 x 101.6 cm.)
Drawn in 1982.
CERTIFICATE OF PROVENANCE
All works from the Andy Warhol Foundation for the Visual Arts will be sold with a Certificate of Provenance, indicating the work originates from the Estate of Andy Warhol, and thence, the Andy Warhol Foundation for the Visual Arts. Christie's will maintain a database of these purchases which will be used to substantiate provenance in the future and supply relevant information to the Andy Warhol Catalogue Raisonné.
Further, each work is stamped with Estate of Andy Warhol and The Andy Warhol Foundation for the Visual Arts, Inc. stamps unless the work cannot physically be stamped whereas a separate document containing the stamps will accompany the work.
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“I’d like to start wearing lipstick at night so my lips look fuller, but I’m afraid I’d get stuck under a bright light someplace.” (A. Warhol, quoted in P. Hackett, The Andy Warhol Diaries, New York, 1989, p. 531) Warhol created this study for a commissioned Halston print advertising campaign (see F.&S.IIIB.11) for Fragrance and Cosmetics that ran in 1982.
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In addition to the hammer price, buyer’s premium and any applicable value added, sales or compensating use tax or equivalent tax, you will be responsible for any and all shipping expenses, including costs, packing and handling, and any loss damage liability fees, as well as other applicable charges. Christie’s will provide loss damage liability for purchased lots when arrangements are made for such lots to be shipped or delivered to you at a rate of 1% (one percent) of the total purchase price. This will be charged at check-out and will cover loss, theft, damage or breakage.
If the buyer fails to make payment in full, cleared funds by the payment deadline, Christie’s will be entitled in Christie’s absolute discretion to exercise one or more of the following rights or remedies (in addition to asserting any other rights or remedies available to us by law):
(i) To charge interest at such rate as we shall reasonably decide;
(ii) To hold the defaulting buyer liable for the total amount due and to commence legal proceedings for its recovery together with interest, legal fees and costs to the fullest extent permitted under applicable law;
(iii) To cancel the sale;
(iv) To resell the property publicly or privately on such terms as Christie’s and the seller shall think fit, and the buyer shall be liable for payment of any deficiency between the total amount originally due to us and the price obtained upon resale as well as for all costs, expenses, damages, legal fees and commissions and premiums of whatever kind associated with both sales or otherwise arising from the default;
(v) To pay to the seller an amount up to the net proceeds payable in respect of the amount bid by the defaulting buyer;
(vi) To set off against any amounts which we, or Christie’s International plc, or any of its affiliates, subsidiaries or parent companies worldwide, may owe to the buyer in any other transactions, the outstanding amount remaining unpaid by the buyer;
(vii) To reject at any future auction any bids made by or on behalf of the buyer or to obtain a deposit from the buyer before accepting any bids;
(viii) To exercise all the rights and remedies of a person holding security over any property in our possession owned by the buyer, whether by way of pledge, security interest or in any other way, to the fullest extent permitted by the law of the place where such property is located. The buyer will be deemed to have granted such security to us and we may retain such property as collateral security for such buyer's obligations to us; and/or
(ix) To take such other action as we deem necessary or appropriate.