The Sotheby's auction house in Paris is about to auction off a large Bird Monument. Link:
François-Xavier Lalanne. Monument à l'oiseau
Sotheby's gave it an estimated value of 600,000 - 800,000 EUR. This market resolves YES if the final sale price listed on the Sotheby's website is >600,000EUR.
Resolution details:
Example from a past auction: This painting by Vigée Le Brun sold for 3,085,000 USD. This is the number I will use. This is the equivalent number I will use.
Note that this final listed sale price typically includes the buyer's premium.
If the lot is withdrawn before the auction, or it fails to sell for any reason (e.g. no bid meets the minimum reserve price), this market resolves NO. It only resolves YES with a listed sale price from this auction of >600,000 EUR.
Details
In 1978, François-Xavier Lalanne created the monumental sculpture Noah's Dove, a dove holding an olive branch in its beak, a symbol of freedom, perched on a stone obelisk, for the Lavinia Garden in Jerusalem, Israel.
The Bird Monument we present here, created in 1984, follows in the footsteps of the Jerusalem monument. The majestic dove with its wings spread is ready to take to the skies to guide freedom.
Perched over three meters high on the Burgundy stone obelisk, it turns with the wind. Its stylized lines and delicate curves are emblematic of François-Xavier Lalanne's style.
This work is one of the rare examples of François-Xavier Lalanne's monumental work.
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@traders Unfortunately, it failed to sell. (It got a few bids, but must not have reached the minimum reserve). Resolves NO.
Was Winston Churchill a good artist? Decide for yourself:
If the lot is withdrawn before the auction, or it fails to sell for any reason (e.g. no bid meets the minimum reserve price), this market resolves NO. It only resolves YES with a listed sale price from this auction of >600,000 EUR.