EFTA01113389.pdf

Narrows (non-collateral) and Leon D. Black (art owned 100% by LDB which is not promised to a museum) CHRISTIE'S appraised value Unrealized Unrealized Unrealized Owner Artist Title or Description Nov 2015 Basis GainILoss Loss Gain LDB BALDUNG. HANS St. Sebastian' 225.000 245,000 (20,000), (20,000) 0 LDB BAULE MASK Ivory Coast' 1.500.000 1.575.000 (75.000) (75.000) 0 LDB BERNINI. GIOVANNI LORENZO Portrait of Oltaviano Castelli 250.000 250.000 0 0 0 LDB BLAKE. WILLIAM Illustrations of the Book of Job 130.000 50.000 80.000 0 80.000 LDB BLOEMAERT. ABRAHAM Head and arm studies of young men (recto): A draped figure 400.000 400,000 0 0 0 wearing a mitre (verso) LDB BOILLY. LOUIS-LEOPOLD La partie de cartes' 20.000 15.000 5.000 0 5.000 LDB BOILLY LOUIS-LEOPOLD La partie de dames' 20.000 20 000 0 0 0 LDB BOUCHER. FRANCOIS Sheet of studies of a turbanned head, a foot and hands 800.000 850,000 (50.000) (50,000) 0 holding a sword and a stick LDB BURGKMAIR, HANS Lovers Surprised by Death+ 600,000 650.000 (50.000) (50,000) 0 LDB CARRACCI. ANNIBALE Return of the Prodigal Son' 300.000 340.000 (40.000) (40.000) 0 LDB CARRACCI. LUDOVICO St. John the Evangelist 500.000 950.000 (450.000) (450.000) 0 LDB COYPEL, CHARLES-ANTOINE Etude de tete 75,000 80.000 (5.000) (5,000) 0 LDB DURER. ALBRECHT Coat of Arms with a Skull' 350.000 470.000 (120.000) (120.000) 0 LDB DURER. ALBRECHT Saint Anthony reading' 350.000 420.000 (70.000) (70.000) 0 LDB DUVET. JEAN L'Apocalypse fiquree (The Illustrated Apocalypse) 2.500.000 3,000.000 (500.000), (500.000) 0 LDB ENSOR, JAMES Insectes singuliers' 12,000 13.000 (1,000) (1,000) 0 LDB ENSOR. JAMES La Vengeance de Hop Frog' 100.000 125.000 (25.000) (25.000) 0 LDB ENSOR. JAMES Le Christ aux Enters' 8.000 70.000 (62.000) (62.000) 0 LDB ENSOR. JAMES Le combat des demons (Diables rossant anges et 150,000 170.000 (20.000) (20,000) 0 archanges) (extensively handcolored)' LDB GERARD, BARON FRANCOIS Cupid and Psyche 100.000 195,000 (95.000) (95,000) 0 LDB DE GHEYN II. JACQUES Marcus Curtius Leaping on Horseback into the Abyss (recto): 70.000 60.000 10.000 0 10.000 Further studies of the same (verso) LDB GIACOMETTI. ALBERTO Lampadaire modele 'figure' 200,000 130.000 70.000 0 70.000 LDB GIACOMETTI. DIEGO Lustre prevu pour l'entree du Musee Picasso a I'Hotel Sale 2,000,000 1,450,000 550,000 0 550,000 LDB GOLTZIUS. HENDRICK Mars and Venus (recto); Two female nudes. with cupid and a 250,000 240.000 10.000 0 10.000 vase (verso) LDB GREUZE. JEAN-BAPTISTE Portrait of a young gentleman 450,000 455.000 (5.000) (5,000) 0 LDB KELLY. ELLSWORTH Melon Leaf (Feuille de Melon) 5.000 16,000 (11,000) (11.000) 0 LDB KELLY. ELLSWORTH Oak' 250,000 295,000 (45,000) (45,000) 0 LDB KELLY. ELLSWORTH Wild Grape' 250.000 295.000 (45.000) (45.000) 0 LDB VAN LEYDEN, LUCAS The Dance of Saint Mary Magdalene' 280,000 355,000 (75,000) (75,000) 0 LDB MARDEN. BRICE Long Letter 1' 1.500.000 980.000 520.000 0 520.000 LDB MASTER ES The Letter 'M' from: The Figure Alphabet' 800,000 1.000.000 (200.000) (200,000) 0 LDB MASTER ES The Letter 'P' from: The Figure Alphabet' 600.000 1.000.000 (400.000) (400.000) 0 LDB MASTER ES The Letter 'Y' from: The Figure Alphabet' 600.000 1.000.000 (400.000) (400.000) 0 LDB MASTER ES The Virgin with the Rosary on the Crescent' 150,000 190,000 (40,000), (40,000) 0 LDB MASTER LZS The Temptation of Christ' 500.000 350.000 150.000 0 150.000 * work to be contributed to AP Narrows + work not on Christie's appraisal; value indicated is Sotheby's value or purchase price Blank basis indicates group prints purchase or other purchase for which Heather is researching basis EFTA01113389 Narrows (non-collateral) and Leon D. Black (art owned 100% by LDB which is not promised to a museum) CHRISTIE'S appraised value Unrealized Unrealized Unrealized Owner Artist Title or Description Nov 2015 Basis Gain/Loss Loss Gain LDB MASTER M.Z. A Tournament' 180,000 326,625 (146,625 (146,625) 0 LDB MICHELANGELO (MICHELANGELO The head and torso of a man looking down to the left/Study 5.000,000 5,250.000 (250.000) (250,000) 0 BUONARROTI) of his left shoulder and two studies of his right shoulder (recto): The musculature of the hip and thigh of the right leg/architectural profile (verso) LDB VAN MIERIS, FRANS The unwelcome news 300,000 190,000 110,000 0 110,000 LDB ORSI. LELIO Apollo and Marsyas' 765,000 830.000 (65.000) (65,000) 0 LDB PARDO. JORGE Untitled (set of five glass lamps) 90.000 115.000 (25.000) (25.000) 0 LDB PICASSO. PABLO Etude de personnages (Etude pour 'Composition: les 1.250,000 1,300.000 (50.000) (50,000) 0 Paysans') LDB POBLET. MABEL Narciso/Narcissus (from the series 'Desapariencia') 4.000 6.500 (2.500) (2.500) 0 LDB POLIDORO DA CARAVAGGIO The Virgin Mary and the Holy Women 300.000 300.000 0 0 0 LDB PONTORMO (JACOPO CARUCCI) Study of a seated youth (recto): Study of a lower torso and 10.000,000 9.000.000 1.000.000 0 1.000.000 legs (verso) LDB PURYEAR. MARTIN Untitled (work hanging on wall)' 1.750.000 2.000.000 (250.000) (250.000) 0 LDB RAUSCHENBERG. ROBERT Spring Clearance' 300.000 460.000 (160.000) (160.000) 0 LDB REDON. ODILON La Tentation de Saint Antoine' 50.000 1.575.000 (1.525.000) (1.525.000) 0 LDB REDON. ODILON Poemes (Poemes. Les Soirs. Flambeaux Noirs)' 2.500 2.700 (200) (200) 0 LDB REDON. ODILON (AFTER) Charles Baudelaire. Les Fleurs du Mar 1.500 1.770.000 (1.768.500) (1.768.500) 0 LDB REMBRANDT HARMENSZ. VAN Christ Healing the Sick: 'The Hundred Guilder Print- 3.500,000 2,000.000 1,500.000 0 1,500.000 RIJN LDB REMBRANDT HARMENSZ. VAN Diana at the Bath' 180,000 220.000 (40.000) (40,000) 0 RIJN LDB REMBRANDT HARMENSZ. VAN Jan Lutma, Goldsmith' 1.000,000 870.000 130.000 0 130.000 RIJN LDB REMBRANDT HARMENSZ. VAN Jan Six' 1.200,000 2,000.000 (800.000) (800,000) 0 LDB REMBRANDT HARMENSZ. VAN Jan Uytenbogaert, Preacher of the Remonstrants' 85,000 435.000 (350.000) (350,000) 0 RIJN LDB REMBRANDT HARMENSZ. VAN Landscape with an Obelisk' 350,000 430.000 (80.000) (80,000) 0 RIJN LDB REMBRANDT HARMENSZ. VAN Self-Portrait with Plumed Hat and Lowered Sabre' 220,000 260.000 (40.000) (40,000) 0 RIJN LDB REMBRANDT HARMENSZ. VAN The Adoration of the Shepherds with the Lamp' 650,000 750.000 (100.000) (100,000) 0 RIJN LDB ROBERT. HUBERT The Stairs of the Farnese villa at Caprarola' 200.000 385.000 (185.000) (185.000) 0 LDB ROSSETTI. DANTE GABRIEL Sir Lancelot in Queen Guinivere's Chamber' 400.000 150.000 250.000 0 250.000 LDB RUBENS. SIR PETER PAUL Two nude men dragged down by demons and lifted up by 2.000,000 2,000.000 0 0 0 three partly robed figures. after Michelangelo LDB SCHINKEL. KARL FRIEDRICH Gothic Church behind Trees' 180,000 325.000 (145.000) (145,000) 0 Page 2 EFTA01113390 Narrows (non-collateral) and Leon D. Black (art owned 100% by LDB which Is not promised to a museum) CHRISTIE'S appraised value Unrealized Unrealized Unrealized Owner Artist Title or Description Nov 2015 Basis Gain/Loss Loss Gain LDB SCHONGAUER, MARTIN The Crucifixtion with Four Angels' 1,000,000 1,000,000 0 0 0 LDB SCHONGAUER. MARTIN The Dormition of the Virgin+ 400.000 435.000 (35.000) (35.000) 0 LDB SCHONGAUER. MARTIN Virgin and Child on a Grassy Bench' 300.000 325,000 (25,000) (25.000) 0 LDB SERRA. RICHARD London Cross (being purchased now) 8.000.000 8,000,000 0 0 0 LDB SERRA. RICHARD Transparency #3' 125.000 190.000 (65.000) (65.000) 0 LDB IL STRADANUS (JAN VAN DER Book of drawings: An album of 16 illustrations to Dante. with 2.000,000 1,660.000 340.000 0 340.000 STRAET) accompanying texts: original binding LDB STIMMER. TOBIAS Saul Threatening David with a Spear 1 875 000 2 040 000 (165.000) (165.000) 0 LDB VIGEE-LE BRUN. ELISABETH Self-portrait in a feathered hat 500.000 570.000 (70.000) (70.000) 0 LDB ZUCCARO, TADDEO A Bacchic procession with drunken Silenus 250.000 370,000 (120,000) (120.000) 0 LDB ZUCCARO. TADDEO A study of a standing male figure. a prophet 760.000 830,000 (70,000) (70,000) 0 Narrows ALTDORFER. ALBRECHT A Landscape with two Pine Trees in the Center' 80.000 560.000 (480.000) (480.000) 0 Narrows AVERY, MILTON Beach Umbrellas' 125.000 17,000 108,000 0 108,000 Narrows AVERY. MILTON Birds and Sea' 8.000 4.000 4.000 0 4.000 Narrows AVERY. MILTON Early Spring' 500.000 125,000 375.000 0 375.000 Narrows AVERY. MILTON Head of a Man' 1.500 250 1.250 0 1.250 Narrows AVERY. MILTON Man. Rocks and Sea' 100.000 50,000 50.000 0 50.000 Narrows AVERY. MILTON Mottled Hills' 20.000 30.000 (10.000) (10,000) 0 Narrows AVERY. MILTON Nude Meditating' 3.000 1,200 1.800 0 1.800 Narrows AVERY, MILTON Striped Drape' 4.000 2,200 1,800 0 1,800 Narrows AVERY. MILTON Two Nudes' 3.000 1.500 1.500 0 1.500 Narrows BALDUNG. HANS Group of Seven Horses' 50.000 185,000 (135,000) (135,000) 0 Narrows BAROCCI, FEDERICO Studies of angels and children's heads (recto); Studies of 600.000 500,000 100.000 0 100.000 legs and angels (verso) Narrows BARYE. ANTOINE-LOUIS Cheval Turc' 20.000 30.000 (10.000) (10.000) 0 Narrows BARYE, ANTOINE-LOUIS Guerrier tartare arretant son cheval' 10.000 10,000 0 0 0 Narrows BARYE. ANTOINE-LOUIS Lion qui marche' 8.000 5,000 3,000 0 3,000 Narrows BARYE. ANTOINE-LOUIS Thesee combattant le centaur Bienor (esquisse)' 10.000 10.000 0 0 0 Narrows BARYE, ANTOINE-LOUIS Tigre qui marche' 8.000 5,000 3,000 0 3,000 Narrows BASKIN. LEONARD Dutch Artist' 2.500 1.500 1,000 0 1,000 Narrows BEARDSLEY, AUBREY Lady Gold's Escort (from The Yellow Book Vol. III) 240.000 45.000 195,000 0 195,000 Narrows BEARDSLEY. AUBREY The Achieving of the Sangreal' 375.000 175,000 200,000 0 200,000 Narrows BECKMANN. MAX Acrobat' 150.000 48.000 102.000 0 102.000 Narrows BECKMANN. MAX Bei der Toilette' 45.000 150.000 (105.000) (105.000) 0 Narrows BECKMANN. MAX Fastnacht' 10.000 5.000 5.000 0 5.000 Narrows BECKMANN, MAX In der Trambahn' 15.000 5.000 10,000 0 10,000 Narrows BECKMANN. MAX Kasbek (preparatory study for the drypoint)' 350.000 75,000 275,000 0 275,000 Narrows BECKMANN. MAX Kasbek (drypoint)' 50.000 28.000 22.000 0 22.000 Narrows BECKMANN. MAX Kleines Rosenstilleben mit blauem Spiegel' 1.000.000 325.000 675.000 0 675.000 Narrows BECKMANN. MAX Sacre-Coeur 85.000 20.000 65.000 0 65.000 Page 3 EFTA01113391 Narrows (non-collateral) and Leon D. Black (art owned 100% by LDB which is not promised to a museum) CHRISTIE'S appraised value Unrealized Unrealized Unrealized Owner Artist Title or Description Nov 2015 Basis GainlLoss Loss Gain Narrows BECKMANN, MAX Schlangendame, from: Der Jahrmarket' 15.000 5,000 10,000 0 10,000 Narrows BECKMANN. MAX Selbstbildnis mit steifem Hut' 200.000 120.000 80.000 0 80.000 Narrows BECKMANN. MAX Vor dem Auftritt (Akrobate)' 6.000 3.000 3.000 0 3.000 Narrows BELLOWS. GEORGE WESLEY A Stag at Sharkey's' 120.000 130,000 (10.000) (10,000) 0 Narrows BELLOWS. GEORGE WESLEY Dempsey and Firpo' 120.000 130,000 (10.000) (10,000) 0 Narrows BELLOWS. GEORGE WESLEY Old Billiard Player' 10.000 2,500 7.500 0 7.500 Narrows BELLOWS. GEORGE WESLEY The Pool-Player' 30.000 3,500 26.500 0 26.500 Narrows BERNARD, EMILE Deux femmes 12.500 2,500 10.000 0 10.000 Narrows BLAKE. WILLIAM Illustrations of the Book of Job' 100.000 50,000 50.000 0 50.000 Narrows BOILLY. LOUIS-LEOPOLD Preparatory study forte Jeu d'Echecs' 300.000 140,000 160.000 0 160.000 Narrows BOLOTOWSKY. ILYA Untitled. 1973 7.000 1,500 5.500 0 5.500 Narrows BONHEUR. ROSA RAYMOND Study for The Horse Fair 30.000 8,500 21.500 0 21.500 Narrows BONHEUR. ROSA RAYMOND Crouching Lion (Sotheby's catalogued this as an Antoine- 700 5,000 (4.300) (4,300) 0 (AFTER) Louis Baryer Narrows BONINGTON. RICHARD PARKES Landscape with Harvesters at Sunset 30.000 135,000 (105.000) (105,000) 0 Narrows BONNARD, PIERRE Martha sur un divan' 350.000 300,000 50,000 0 50,000 Narrows BONNARD. PIERRE Nature morte aux fruits 70.000 70.000 0 0 0 Narrows BONNARD. PIERRE Nu a la baignoire 50.000 55.000 (5.000) (5.000) 0 Narrows BOTERO. FERNANDO El quitarrista 35.000 10.000 25.000 0 25.000 Narrows BOURDELLE, EMILE-ANTOINE Heracles archer' 125.000 110,000 15.000 0 15.000 Narrows BOURDELLE, EMILE-ANTOINE Penelope' 30.000 60,000 (30.000) (30,000) 0 Narrows BRESDIN. RODOLPHE A battle scene' 150.000 100.000 50.000 0 50.000 Narrows BRESDIN. RODOLPHE A lion hunt' 150.000 100.000 50.000 0 50.000 Narrows BRESDIN, RODOLPHE Le Bon Samaritain 100.000 88,000 12,000 0 12,000 Narrows BRESDIN. RODOLPHE Paysan au pied dun arbre 60.000 65.000 (5.000) (5.000) 0 Narrows BRUEGEL THE ELDER, PIETER The Rabbit Hunt' 900,000 675,000 225,000 0 225,000 Narrows BURNE-JONES, EDWARD L'Amor the muove it Sole e l'altre Stella (The love that 1.500,000 135.000 1,365.000 0 1,365.000 moves the sun and the other stars). Dante: Paradiso, XXXIII' Narrows BURNE-JONES. EDWARD Sir Galahad' 250.000 245.000 5.000 0 5.000 Narrows BURNE-JONES. EDWARD The Wise and Foolish Virgins 1.000.000 800.000 200.000 0 200.000 Narrows CARPACCIO, VITTORE Study of a lion 1,200,000 1,850,000 (650,000) (650,000) 0 Narrows CARRACCI. ANNIBALE A Young Man lying on his back in a landscape 2.300.000 2.525.000 (225.000) (225.000) 0 Narrows CASTELLANI. ENRICO Superficie bianca 1.000.000 400.000 600.000 0 600.000 Narrows CAVALLON. GIORGIO Untitled. 1951 9.000 8.000 1,000 0 1,000 Narrows CAVALLON, GIORGIO Untitled, 1950 9,000 8,000 1,000 0 1,000 Narrows CAVALLON, GIORGIO Untitled. 1950 9,000 8.000 1,000 0 1,000 Narrows CEZANNE, PAUL Groupe d'arbres 3.500.000 1.310.000 2.190.000 0 2.190.000 Narrows CEZANNE, PAUL Portrait du fits de ('artiste (recto): Scene illustrant un recit 1.500,000 780.000 720.000 0 720.000 romantique (verso) Page 4 EFTA01113392 Narrows (non-collateral) and Leon D. Black (art owned 100% by LDB which is not promised to a museum) CHRISTIE'S appraised value Unrealized Unrealized Unrealized Owner Artist Title or Description Nov 2015 Basis Gain/Loss Loss Gain Narrows CHASSERIAU. THEODORE Petit Couloughi, teint d'ambre (Jeune algerien d'ascendance 200,000 250.000 (50.000) (50,000) 0 turque (recto): paysage (verso)' Narrows CHIRINO. MARTIN Cabeza' 7,000 25.000 (18.000) (18,000) 0 Narrows CHIRINO. MARTIN Espiral' 5.000 7,000 (2,000) (2.000) 0 Narrows CHIRINO. MARTIN Oology' 30,000 7,000 23,000 0 23,000 Narrows CLEMENTE. FRANCESCO Untitled (Jamaican Watercolor)' 85,000 43.000 42.000 0 42.000 Narrows CONSTABLE. JOHN A View in Borrowdale 150,000 70,000 80,000 0 80,000 Narrows CONSTABLE. JOHN Cloud Study' 400,000 380.000 20.000 0 20.000 Narrows CONSTABLE. JOHN Cloud Study (recto): Suffolk Landscape with a Cloudy Sky 350,000 590.000 (240.000) (240,000) 0 (verso)* Narrows COROT. JEAN-BAPTISTE-CAMILLE Le Rageur. Foret de Fontainebleau 2,000.000 690,000 1.310,000 0 1.310,000 Narrows COROT. JEAN-BAPTISTE-CAMILLE Portrait of Mlle. Jeanne Farochon 1.500.000 1.000.000 500.000 0 500,000 Narrows COROT. JEAN-BAPTISTE-CAMILLE Rome. La Vasque de la Villa Medici (La Vasque de 600,000 550.000 50.000 0 50.000 'Academie de France)' Narrows COROT. JEAN-BAPTISTE-CAMILLE Vue de Volterra' 100.000 85.000 15.000 0 15.000 Narrows CRAWFORD. ELIZABETH The Great Game 4.500 900 3.600 0 3.600 Narrows DAUMIER. HONORE Apres ('audience 1.200.000 1,200.000 0 0 0 Narrows DAUMIER. HONORE La Defense 350,000 325.000 25.000 0 25.000 Narrows DAUMIER. HONORE L'amateur d'estampes 70.000 315.000 (245.000) (245.000) 0 Narrows DAVID. JACQUES-LOUIS Paris et Helene 600,000 460.000 140.000 0 140.000 Narrows DAVID, JACQUES-LOUIS Portrait dun revolutionnaire de profit gauche 250,000 255.000 (5.000) (5,000) 0 Narrows DAVID, JACQUES-LOUIS The ghost of Septimius Severus appearing to Caracalla. 600,000 520.000 80.000 0 80.000 after the murder of his brother Geta Narrows DAVIS. STUART Artist in Search of a Model' 400.000 74.000 326.000 0 326.000 Narrows DAVIS, STUART The Sidelong Glance' 60,000 20,000 40,000 0 40,000 Narrows DAVIS, STUART Study for Proposed Mural. United Nations Conference Room 300,000 49.000 251.000 0 251.000 3* Narrows DAVIS, STUART Woman Standing in the Alley (Hoboken Series)' 20,000 20,000 0 0 0 Narrows DEGAS. EDGAR Danseuse mettant son bas' 400.000 275.000 125.000 0 125.000 Narrows DEGAS. EDGAR Femme au !min* 1.000.000 2,000.000 (1,000.000) (1.000,000) 0 Narrows DELACROIX. EUGENE Cavalier mamelouk au galop 200.000 160.000 40,000 0 40,000 Narrows DELACROIX, EUGENE Marine juive a Tanger 1.500.000 1.100.000 400.000 0 400.000 Narrows DELACROIX, EUGENE Portrait de Schmareck. tanneur a Tanger - Janvier 1832 600,000 800.000 (200.000) (200,000) 0 Narrows DELACROIX. EUGENE Recontre de cavaliers Maures 10,000 5,000 5,000 0 5,000 Narrows DELACROIX, EUGENE Three male nudes 60.000 24.000 36.000 0 36.000 Narrows DELACROIX EUGENE Tigre se lechant la patte 700 000 225 000 475 000 0 475 000 Narrows DENIS, MAURICE Maternite aux cypres 10,000 5.000 5.000 0 5.000 Narrows DENIS, MAURICE Jeunes filles cueillant des fleurs devant la mer 850,000 570.000 280.000 0 280.000 Page 5 EFTA01113393 Narrows (non-collateral) and Leon D. Black (art owned 100% by LDB which is not promised to a museum) CHRISTIE'S appraised value Unrealized Unrealized Unrealized Owner Artist Title or Description Nov 2015 Basis Gain/Loss Loss Gain Narrows DERAIN. ANDRE Femme nue' 3.000 2.000 1,000 0 1,000 Narrows DERAIN. ANDRE Paysage avec figures' 350.000 430,000 (80,000) (80.000) 0 Narrows DERAIN, ANDRE Profil de femme' 1.000 5,500 (4,500) (4.500) 0 Narrows DERAKSHANI, REZA Dark Soil I (from Sand Painting Series) 25,000 11,000 14,000 0 14,000 Narrows DERAKSHANI, REZA Dark Soil II (from Sand Painting Series) 25.000 11.000 14.000 0 14.000 Narrows DERAKSHANI, REZA Dark Soil III (from Sand Painting Series) 25,000 11,000 14,000 0 14,000 Narrows DERAKSHANI. REZA Dark Soil IV (from Sand Painting Series) 25.000 11.000 14.000 0 14.000 Narrows DERAKSHANI. REZA Dark Soil V (from Sand Painting Series) 25,000 11.000 14.000 0 14.000 Narrows DINE. JIM Self-Portrait Head 2,000 1,200 800 0 800 Narrows DIX. OTTO Bautzen VI 60.000 14.000 46.000 0 46.000 Narrows DIX. OTTO Marry. auf einem Stuhl sitzender weiblicher Akt' 125.000 110.000 15.000 0 15.000 Narrows VAN DONGEN. KEES Femme a sa toilette' 85.000 54.000 31.000 0 31.000 Narrows DOVE, ARTHUR Untitled Centerport V' 60,000 25.000 35.000 0 35.000 Narrows DROIJAIS, JEAN-GERMAIN Marius a Minturnes 150,000 45,000 105,000 0 105,000 Narrows DUBUFFET. JEAN Table au couvert dresse 125.000 92.000 33.000 0 33.000 Narrows DURER. ALBRECHT Adam and Eve' 750.000 1.200,000 (450,000) (450.000) 0 Narrows DURER. ALBRECHT Knight. Death and the Devil' 800.000 590.000 210.000 0 210.000 Narrows DURER. ALBRECHT Melancolia r 900.000 790.000 110.000 0 110.000 Narrows DURER, ALBRECHT Nemesis - The Great Fortune' 200,000 245.000 (45,000) (45,000) 0 Narrows DURER. ALBRECHT Saint Eustace' 1.200.000 1,100.000 100.000 0 100.000 Narrows DURER. ALBRECHT Saint Jerome in his Study' 1,000,000 1,000.000 0 0 0 Narrows DURER. ALBRECHT The Apocalypse. The Life of the Virgin, The Large Passion 600,000 1,400.000 (800.000) (800,000) 0 (The Three Large Woodcut Series)' Narrows DURER. ALBRECHT The Four Horsemen from: The Apocalypse' 600,000 375.000 225.000 0 225.000 Narrows ELIZONDO. ARTURO Ardores clandestinos 7.000 4,000 3.000 0 3,000 Narrows ENSOR. JAMES Alimentation doctrinaire: First Plate' 120.000 124.000 (4.000) (4.000) 0 Narrows ENSOR, JAMES Alimentation doctrinaire: Second Plate' 80,000 124,000 (44,000) (44,000) 0 Narrows ENSOR. JAMES La Belgique au XIXe siecle' 50.000 124.000 (74.000) (74.000) 0 Narrows ENSOR. JAMES La puce 100.000 52.000 48.000 0 48.000 Narrows ENSOR. JAMES Le combat des demons (Diables rossant anges et 10,000 2.000 8.000 0 8.000 archanges) Narrows ENSOR, JAMES Le Combat des pouilleux Deir et Rissole' 70,000 124,000 (54,000) (54,000) 0 Narrows ENSOR. JAMES Les Bains d'Ostende" 120.000 124.000 (4.000] (4.000) 0 Narrows ENSOR. JAMES Mon atelier' 85,000 34,000 51,000 0 51,000 Narrows ENSOR. JAMES Mon pere mort' 70,000 98.000 (28,000) (28,000) 0 Narrows ENSOR. JAMES Self Portrait 200.000 490.000 (290.000) (290.000) 0 Narrows ENSOR. JAMES The Entry of Christ into Brussels in 1889 on the Day of Mardi 120,000 180.000 (60.000) (60,000) 0 Gras' Narrows ERNST. JIMMY Untitled 4.000 8.000 (4,000) (4,000) 0 Narrows ERNST, MAX (AFTER) The Ocean 2,000 5,500 (3,500) (3,500) 0 Page 6 EFTA01113394 Narrows (non-collateral) and Leon D. Black (art owned 100% by LDB which is not promised to a museum) CHRISTIE'S appraised value Unrealized Unrealized Unrealized Owner Artist Title or Description Nov 2015 Basis Gain/Loss Loss Gain Narrows FRAGONARD. JEAN-HONORE La lecture 1,500,000 655,000 845,000 0 845,000 Narrows FRAGONARD. JEAN-HONORE Paysage au double escalier 1.000.000 655.000 345.000 0 345.000 Narrows FRIEDRICH. CASPAR DAVID Das grosse Gehege. bei Dresden 3,000.000 1.300,000 1.700.000 0 1.700,000 Narrows FUSELI. HENRY A Threatening Head 15,000 35,000 (20,000) (20,000) 0 Narrows FUSELI. HENRY The Confederates Arriving at the Rutli 400.000 92.000 308.000 0 308.000 Narrows GAINSBOROUGH. THOMAS Wooded landscape with figures outside a cottage' 200.000 190.000 10.000 0 10.000 Narrows GAUGUIN. PAUL Autoportrait 1.750,000 5,000.000 (3,250.000) (3.250,000) 0 Narrows GAUGUIN. PAUL Cylinder with Two Figures 12.500,000 8,000.000 4,500.000 0 4,500.000 Narrows GAUGUIN. PAUL Te Faruru (Here we love) 300,000 520.000 (220.000) (220,000) 0 Narrows GERICAULT. THEODORE Black Stallion in a Stable' 1.000,000 325.000 675.000 0 675.000 Narrows GERICAULT. THEODORE Leda and the Swan' 1,500,000 1,000,000 500,000 0 500,000 Narrows GIACOMETTI. ALBERTO Autoportrait 250.000 100.000 150.000 0 150.000 Narrows GIACOMETTI. ALBERTO Jean-Paul Sartre 250,000 385.000 (135.000) (135,000) 0 Narrows GIACOMETTI, ALBERTO Earthenware fireplace surround 1,250,000 400,000 850,000 0 850,000 Narrows GIACOMETTI. ALBERTO Lampe modele %toile' (a pair) 200.000 60.000 140.000 0 140.000 Narrows GIACOMETTI. ALBERTO Lampadaire modele 'figure' 200,000 130.000 70.000 0 70.000 Narrows GIACOMETTI. ALBERTO Lampadaire modele 'grande feuille', version fine 200,000 15.000 185.000 0 185.000 Narrows GIACOMETTI. ALBERTO Lampadaire modele 'grande feuille', version fine 200,000 15.000 185.000 0 185.000 Narrows GIACOMETTI. ALBERTO Paire de chenets a boule 100,000 300.000 (200.000) (200,000) 0 Narrows GIACOMETTI. DIEGO Console a double plateaux. modele a grenouilles 400,000 100.000 300.000 0 300.000 Narrows GIACOMETTI. DIEGO Console a double plateaux. modele a grenouilles 400,000 100.000 300.000 0 300.000 Narrows GIACOMETTI. DIEGO Grande table hexagonale aux arbres avec modele de chaise 2.200,000 900.000 1.300.000 0 1.300.000 (eight) Narrows GIACOMETTI, DIEGO Lampe en forme bougeoir (a pair) 80.000 30,000 50,000 0 50,000 Narrows GIACOMETTI. DIEGO Lampe hibou (a pair) 300.000 165.000 135.000 0 135.000 Narrows GIACOMETTI. DIEGO Pedestal a roiseau 400.000 325.000 75.000 0 75.000 Narrows GIACOMETTI. DIEGO Table basse aux caryatides 300,000 175,000 125,000 0 125,000 Narrows GILLOT. CLAUDE Celebration in honor of the god Pan' 220.000 215.000 5.000 0 5.000 Narrows GIMHONGSOK Canine Construction' 90.000 125.000 (35.000) (35.000) 0 Narrows VAN GOGH. VINCENT Jardin de fleurs 25.000.000 8.500.000 16.500.000 0 16.500.000 Narrows GORKY. ARSHILE Nighttime. Enigma and Nostalgia' 400.000 160.000 240.000 0 240.000 Narrows GORKY, ARSHILE Study for Blue Figure in Chair' (Study after Picasso)' 45,000 65,000 (20,000) (20,000) 0 Narrows GORKY. ARSHILE Study for Blue Figure in Chair' (Study after Picasso)' 50.000 65.000 (15.000) (15.000) 0 Narrows GORMLEY. ANTONY Base 12.500 2.700 9.800 0 9.800 Narrows GORMLEY. ANTONY Home of the Heart IV 12.500 2.700 9.800 0 9.800 Narrows GORMLEY. ANTONY Landing' 450.000 99.000 351.000 0 351.000 Narrows GORMLEY, ANTONY Seeing and Showing' 450,000 8,000 442,000 0 442,000 Narrows GORMLEY. ANTONY Sense 12.500 2.700 9.800 0 9.800 Narrows GORMLEY. ANTONY Together and Apart 350.000 80.000 270.000 0 270.000 Page 7 EFTA01113395 Narrows (non-collateral) and Leon D. Black (art owned 100% by LDB which is not promised to a museum)