EFTA02651657.pdf

From: jeffrey E. <[email protected]> Sent: Wednesday, April 26, 2017 9:37 PM To: Richard Kahn Subject: Re: update rich, wait on reaching out to sharon. On Wed, Apr 26,=2017 at 5:30 PM, Richard Kahn < >> > wrote: thank you for update and good luck tomorrow hope everything =oes smoothly i will reach out to christies now ab=ut separate catalogue and forward sharon response once received Richard Kahn HBRK Asso=iates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 On Apr 26, 2017, at 5:27 PM, Heathe= Gray > wrote: Hi =ich, Sotheby's just came back to us and said they cann=t raise the guarantee or the enhanced hammer any higher, so their offer st=nds at a guarantee of $18.75 million and an enhanced hammer of 108% with t=e overage split 80/20. Leon is planning to call Amy himself in the morning and tell her that she can have the Giac=metti if she comes up to 110% on the enhanced hammer. I'm no= sure if she will be able to go up to 110%, but he wants to try one last t=me. EFTA_R1_01893970 EFTA02651657  Christie's, as you know, is at an enhanced hammer of=110% with overage split 80/20, stepping down to 107% once the proceeds to =effrey reach GBP 20 million. (Their guarantee was through a third pa=ty guarantor and was capped at $15-16 million.) =p class="MsoNormar>ln the meantime, Leon thinks having a separate catal=gue for the Giacometti is an important marketing tool (for what it*=99s worth, I agree with him), so he wants to know if Christie's wi=l give the Giacometti both the back cover of the main Evening Sale catalogue (as they had =reviously agreed to do) and a separate catalogue just for the Giacometti. Will you =lease find out from Sharon? Leon says a decision will be made tomorrow morning. =s usual, I'm assuming that he's talking to Jeffrey about a=l of this, but I want to make sure you're in the loop simultaneous=y just in case there are questions. Art Counsel Elysium Management LLC conversation-id 46137 date-last-viewed 0 date-received 1493242594 flags 8590195713 gmail-label-ids 7 6 remote-id 708662 2 EFTA_R1_01893971 EFTA02651658