From: Heather Gray To: jeffrey E. <[email protected]> Subject: RE: Re: Date: Thu, 22 Jun 2017 13:03:04 +0000 We don't have anything else consigned to auction. Leon has two works (a Burne-Jones for which the asking price is $30,000 and a Chasseriau for which the asking price is $180,000) with a dealer (Jill Newhouse) for sale, but she has had them for a while, so I'm not sure how soon we will see results. He also has 19 or 20 Chinese bronzes for sale with Gisele Croes (the dealer from whom he buys them). Asking prices for three of them are around $1 million, most of the rest are in the $200,000 - $300,000 range, one is around $75,000. From: Jeffrey E. [mailto:jeevacation@gmailcom] Sent: Thursday, June 22, 2017 8:55 AM To: Heather Gray Subject: Re: thx. are you planning to sell anything else soon. On Thu, Jun 22, 2017 at 8:51 AM, Heather Gray < > wrote: We don't buy the insurance when we loan to museums - the museum pays for it. Yes, we have a full insurance appraisal as well as a full fair market value appraisal. The Braque and Giacometti values were the fair market values - we pretty much use the fair market values for everything we do. The only exceptions are for museum exhibitions and if we have to make a claim on Leon's own insurance (I.e., if a work of art or a piece of jewelry is damaged or stolen/lost). I'm not sure why the Giacometti result was low yesterday. Larry told Leon that he only showed the sculpture to a select group of purchasers, but we had heard rumors that it was being more widely offered, so it's hard to tell. The auction overall wasn't great - only a few really great pieces and as Leon and I discussed yesterday, it seems like a mistake on Sotheby's part to hold that separate sale of lesser valued works right before the sale with the important works. Sotheby's also had a much smaller Giacometti sculpture (12 in) which was not nearly as important as ours early on in the sale that was estimated at something like 700,00