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EFTA01051474

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From: Richard Kahn To: "jeffrey E." <[email protected]> Subject: Re: Giacometti, Figure moyenne II Date: Fri, 24 Mar 2017 20:52:49 +0000 i spoke with heather and she told me that christies was mistaken that Mnuchin was attempting to sell in 2014 leon told Heather that Mnuchin gallery only had the giacometti for an exhibition and was not offering it for sale. Heather also said that Gagosian was only quietly shopping the piece in NY and Europe in 2016 Heather said that by tuesday afternoon we will have Sothebys estimates and also hopefully Christies guarantee Per Heather Leon still strongly believes it will sell for more than 25mm Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York NY 10022 tel fax cell On Mar 24, 2017, at 3:49 PM, jeffrey E. <[email protected]> wrote: asdk her to call leon and check that this is trye On Fri, Mar 24, 2017 at 3:31 PM, Richard Kahn < > wrote: below estimates are concerning as heather mentioned that christies rationale for low numbers may be that Mnuchin gallery unsuccessfully tried to sell in 2014 and then Gagosian recently has faced the same struggles. i attached christies may 2016 appraisal that heather provided when we purchased from Leon showing value of 20mm.. Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel fax= cell EFTA01051474

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