EFTA01115155.pdf

Private Sales at Christie's Item No. Net Amount due Gain/Loss if in Purchase to you in a sold at Net Appraisal Type of Sale Artist Title Price Sales Tax Basis private sale Amount 402 Private Sale HaIs Portrait of a Gentleman 4,856,301 406,715 5,263,016 4,750,000 (513,016) Tete moustachue ("Buffalo 172 Private Sale Picasso Bill") 7,500,000 665,625 8,165,625 6,500,000 (1,665,625) 12,356,301 1,072,340 13,428,641 11,250,000 (2,178,641) EFTA01115155