Hintergrundbild

AUCTION LEASING – Some Examples

 

 

EXAMPLE 1

ROY LICHTENSTEIN (1923-1997)

Roommates, From Nude Series, 1994

Relief print in colors, on woven paper

Signed, dated‚ '94'

Numbered '24/40'

147.3 x 114.3 cm, with full margins

 

Date of auction                     26 Oct 2011 (New York)

Estimated value                    CHF 108,000-162,000

Sales price at auction            USD 110,250*

Monthly leasing rate              CHF 2,698**

 

(Exchange rate USD/CHF: 0.9; incl. surcharge and Swiss VAT)

 

 

EXAMPLE 2

ANNIE LEIBOVITZ (1949)

Keith Haring, New York, 1986

Dye destruction print

23.2 x 28.9 cm

 

Date of auction                   17 Dec 2010 (New York)

Estimated value                  CHF 8,000-12,000

Sales price at auction          USD 12,500*

Monthly leasing rate            CHF 203**

 

(Exchange rate USD/CHF: 1.0; incl. Buyers premium and Swiss VAT)

 

 

 

Duration of lease: 4 years, incl. Swiss VAT and "All Risk" art insurance cover
Deposit (= residual value): 10% of lower estimate; the initial leasing rate corresponds to the difference between the lower estimate (auction leasing credit limit) and the actual sales price.

 

*   We do not assume liability for any auction results

** Leasing interest rates and Swiss VAT subject to change without prior notice