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Lot 50: NEDO (1926-2001) | Reversambito 47

Est: $60,000 USD - $80,000 USD
Sotheby'sNew York, NY, USNovember 19, 2015

Item Overview

Description

painted wood construction

Dimensions

73 by 57 by 3 in.

Artist or Maker

Medium

painted wood construction

Condition Report

This work is in very good condition overall. The media layer is stable and tightly bound. Faint handling marks are present in the lower left quadrant. There is a slight bowing to the lower left quadrant of the panel--but the structure overall is secure and stable.
In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective qualified opinion.
NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING CONDITION OF A LOT, ALL LOTS ARE OFFERED AND SOLD "AS IS" IN ACCORDANCE WITH THE CONDITIONS OF SALE PRINTED IN THE CATALOGUE.

Provenance

Sala Mendoza, Caracas
Private Collection, New York

Payment & Shipping

Payment

Accepted forms of payment: Other, Personal Check, Visa

Shipping

Once your payment has been received and cleared, property may be released. Unless otherwise agreed by Sotheby's, all purchases must be removed by the 30th calendar day following a sale.

Shipping Services
Sotheby's offers a comprehensive shipping service to meet all of your requirements. If you received a shipping quotation or have any questions about the services we offer please contact us.

Collecting your Property
As a courtesy to purchasers who come to Sotheby's to collect property, Sotheby's will assist in the packing of lots, although Sotheby's may, in the case of fragile articles, choose not to pack or otherwise handle a purchase.

If you are using your own shipper to collect property from Sotheby's, please provide a letter of authorization and kindly instruct your shipper that they must provide a Bill of Lading prior to collection. Both documents must be sent to Post Sale Services prior to collection.

The Bill of Lading must include: the purchaser's full name, the full delivery address including the street name and number, city and state or city and country, the sale and lot number.

Sotheby's will contact your shipper within 24 hours of receipt of the Bill of Lading to confirm the date and time that your property can be collected. Property will not be released with out this confirmation and your shipper must bring the same Bill of Lading that was faxed to Sotheby's when collecting. All property releases are subject to the receipt of cleared funds.

Please see the Conditions of Sale for further details.

Auction Details

Latin America: Modern Art

by
Sotheby's
November 19, 2015, 07:00 PM EST

1334 York Avenue, New York, NY, 10021, US

Terms

Live bidding may start higher or lower

Buyer's Premium

$1 - 200,000:30.0%
$200,001 - 3,000,000:25.0%
$3,000,001+:17.0%

Bidding Increments

From:To:Increment:
$0$999$50
$1,000$1,999$100
$2,000$2,999$200
$3,000$3,199$200
$3,200$3,799$300
$3,800$4,199$200
$4,200$4,799$300
$4,800$4,999$200
$5,000$9,999$500
$10,000$19,999$1,000
$20,000$29,999$2,000
$30,000$31,999$2,000
$32,000$37,999$3,000
$38,000$41,999$2,000
$42,000$47,999$3,000
$48,000$49,999$2,000
$50,000$99,999$5,000
$100,000$199,999$10,000
$200,000$299,999$20,000
$300,000$319,999$20,000
$320,000$379,999$30,000
$380,000$419,999$20,000
$420,000$479,999$30,000
$480,000$499,999$20,000
$500,000$999,999$50,000
$1,000,000$1,999,999$100,000
$2,000,000$2,999,999$200,000
$3,000,000$3,199,999$200,000
$3,200,000$3,799,999$300,000
$3,800,000$4,199,999$200,000
$4,200,000$4,799,999$300,000
$4,800,000$4,999,999$200,000
$5,000,000$9,999,999$500,000
$10,000,000+$1,000,000

CONDITIONS OF SALE

SHIPPING SERVICES

Once your payment has been received and cleared, property may be released. Unless otherwise agreed by Sotheby's, all purchases must be removed by the 30th calendar day following a sale.

Shipping Services
Sotheby's offers a comprehensive shipping service to meet all of your requirements. If you received a shipping quotation or have any questions about the services we offer please contact us.

Collecting your Property
As a courtesy to purchasers who come to Sotheby's to collect property, Sotheby's will assist in the packing of lots, although Sotheby's may, in the case of fragile articles, choose not to pack or otherwise handle a purchase.

If you are using your own shipper to collect property from Sotheby's, please provide a letter of authorization and kindly instruct your shipper that they must provide a Bill of Lading prior to collection. Both documents must be sent to Post Sale Services prior to collection.

The Bill of Lading must include: the purchaser's full name, the full delivery address including the street name and number, city and state or city and country, the sale and lot number.

Sotheby's will contact your shipper within 24 hours of receipt of the Bill of Lading to confirm the date and time that your property can be collected. Property will not be released with out this confirmation and your shipper must bring the same Bill of Lading that was faxed to Sotheby's when collecting. All property releases are subject to the receipt of cleared funds.

Please see the Conditions of Sale for further details.