Charitable Contribution Deduction Buyers of lots indicated with a ∞ symbol may be entitled to claim a charitable contribution deduction for the hammer price, but such deduction will be limited to the excess of the hammer price paid for the lot over its fair market value. In accordance with applicable IRS regulations, Phillips has provided a good faith estimate of the fair market value for each lot which is the mean of the pre-sale estimates relating to that lot. Buyers will have until December 1, 2021, inclusively, to indicate to the following charitable organizations of their wish to benefit from this charitable contribution deduction. With respect to this lot, buyers may contact Momenta Art in writing by sending an email to heisteric@gmail.com. Bidders are advised to consult with their own tax advisors to determine the application of the tax law to their own specific circumstances and whether a charitable contribution deduction is available. Buyers of all such Lots are advised to discuss their particular tax circumstances with their independent tax advisors, including residency eligibility under applicable laws to determine if a charitable deduction for any lot is available in any jurisdiction outside the United States.