Archeology Rewards

DONDI (1963-1998)
Archeology Rewards
titled 'ARCHEOLOGY REWARDS' (upper left); signed, titled again and dated 'Dondi White 1983 ARCHEOLOGY REWARDS' (on the reverse)
spray enamel on canvas
58¹⁄₂ x 51 in. (148.6 x 129.5 cm.)
Painted in 1983.

Estate of the artist
John CRASH Matos, New York
Web Gallery NYC, New York
Acquired from the above by the present owner

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.
On occasion, Christie’s has a direct financial interest in lots consigned for sale, which may include guaranteeing a minimum price or making an advance to the consignor that is secured solely by consigned property. Christie’s may choose to assume this financial risk on its own or may contract with a third party for such third party to assume all or part of this financial risk. When a third party agrees to finance all or part of Christie’s interest in a lot, it takes on all or part of the risk of the lot not being sold, and will be remunerated in exchange for accepting this risk. The third party may also bid for the lot. Where it does so, and is the successful bidder, the remuneration may be netted against the final purchase price. If the lot is not sold, the third party may incur a loss. Christie’s guarantee of a minimum price for this lot has been fully financed through third parties.