Jean-Michel Folon (1934-2005)
La Mémoire (The Memory)
signed 'FOLON' (lower right)
watercolour and on paper
36.5 x 55.5cm.
Executed in 1978

Lefebre Gallery, New York.
Acquired from the above by the present owner in 1978.

Artist's Resale Right ("Droit de Suite"). Artist's Resale Right Regulations 2006 apply to this lot, the buyer agrees to pay us an amount equal to the resale royalty provided for in those Regulations, and we undertake to the buyer to pay such amount to the artist's collection agent.
This lot has been imported from outside the EU. For each lot the buyer’s premium is calculated, including (import) VAT, as 40.45% of the hammer price up to a value of €200,000, plus 34.40% of the hammer price between €200,001 to €2,500,000, plus 26.535% of any amount in excess of €2,500,001.
Please note this lot is the property of a consumer. See H1 of the Conditions of Sale.