Luis Gispert - New Now New York Wednesday, March 9, 2022 | Phillips

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  • Description

    Buyers of this lot 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 April 31st, 2022, inclusively, to ProjectArt in writing, their wish to benefit from this charitable contribution deduction by sending an email to adarsh@projectart.org. 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.

  • Provenance

    ProjectArt (gifted by the artist in 2019)

123

Lot offered with No Reserve

Only Built For… II

signed and dated "LGISPERT 2015" on the reverse
polychromed stones and gold-plated rope chains, mounted to aluminum
73 1/4 x 61 1/2 in. (186.1 x 156.2 cm)
Executed in 2015.

Estimate
$8,000 - 12,000 

Sold for $15,120

Contact Specialist

Avery Semjen

Head of Sale, New Now

212 940 1207

asemjen@phillips.com

New Now

New York Auction 9 March 2022