From: Heather Gray
To: jeffrey E. <jeevacation@gmail.com>
Subject: RE: Re:
Date: Sat, 19 Nov 2016 23:07:19 +0000
Meaning . . . AP Narrows (seller of Giacometti) makes the commitment to the buyer to rescind the sale and refund the
purchase price, and then AP Narrows buys insurance from Leon to cover the authenticity risk? I'm not sure I'm following
you.
From: jeffrey E. [mailtoleevacation@gmail.com]
Sent: Saturday, November 19, 2016 6:02 PM
To: Heather Gray
Subject: Re: Re:
No it should be same amount different pool
On Sat, Nov 19, 2016 at 6:49 PM Heather Gray <I l> wrote:
Sorry, I misunderstood you. Yes, that is what we/Gagosian proposed to the buyer. Do the sale now, pay us in full and
then the buyer has to submit the work for authentication. If the Giacometti committee says it's a fake within 6 months
of the date of our sale, we refund the buyer's purchase price (without interest) and get the work back (assuming the
committee hasn't destroyed it, which they have the right to do under French law).
From: jeffrey E. imailto:jeevacation@gmail.coml
Sent: Saturday, November 19, 2016 5:45 PM
To: Heather Gray
Subject: Re:
Leon provides
On Sat, Nov 19, 2016 at 6:19 PM Heather Gray < > wrote:
This is on the Giacometti? What type of insurance are you talking about? I know there are companies that will
provide title insurance for art, but I'm not aware of any that will provide insurance on authenticity. Do you know of
any?
From: Jeffrey E. [mailto:jeevacation@gmail.com
Sent: Saturday, November 19, 2016 5:15 PM
To: Heather Gray •rz >
Subject:
Re1031 I'd rather see a sale and a purchase of insurance guarantee from Leon if the item is fake
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