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Andy Warhol (1928 - 1987)

Lot 1: Andy Warhol, Halston Hat and Money Sculpture

Nye & Company

November 11, 2015
Bloomfield , NJ, US

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Description

Andy Warhol (American 1928-1987). Entitled, "The Money Hat". Comprised of a Halston straw hat and ten dollar bills "knitted" by Warhol with straight pins. One ten dollar bill is signed, "Andy Warhol" in marker. Circa 1972, Warhol presented the hat to his friend and confidant Dr. Robert Giller as a birthday present. The lot includes a Warhol signed copy of "Andy Warhol Exposures" which includes a photograph of the doctor wearing his gift. The book is inscribed, "to the doc, Love, Andy" and includes a doodle. The dust jacket has a faint Andy Warhol signature. 38.25"h x 33"w x 7.25"d. Provenance": From Warhol to Dr. Robert Giller to his widow. Exhibition 2014-2015 Halston and Warhol: Silver and Suede The Warhol Museum, PA, The Mint Museum, NC and the Des Moines Art Center, IA. From Lesley Frowick, Halston's Niece: "This legendary Halston/Warhol money hat was the missing link to the recent Halston Warhol exhibit that I co-curated with the Warhol Museum. I had known of the hat through conversations with my dear uncle Halston and of course knew of Dr. Giller. Giller had actually helped my infant sister get through a rough patch when the traditional doctors could not find a remedy for her unique medical challenge. Dr. Giller put her on a specific nutritional regimen which according to my stepmother "he saved her life". In our family Dr. Giller has always been held in high regard. Early on in my research I had learned through Bill Dugan, Halston's right hand man, that Dr. Giller had died tragically in a car wreck. I had given up all hope of ever locating the hat following this sad news. As with so many serendipitous elements surrounding my curatorial process, just before the grand opening at the Warhol Museum I received an email through LinkedIn. While typically such emails land in the trash bin, this one peeked my interest as I noticed a mention of Warhol. When I read the email from Nancy Lee about how she owns the hat and was offering it up to include in our show I was ecstatic! Immediately I called Nancy and the rest is history. Halston and Andy were great friends who admired each others stellar accomplishments, both being self made men. They supported each other throughout their respective careers; Andy was omnipresent at Halstons fashion shows, while Halston bought slews of Warhols displaying them on the walls of his fabulous midtown Manhattan home and atelier. Halston who understood the zeitgeist of the moment, also commissioned Warhol to create ads for his haute couture company as well as solicited Warhol art contributions to the many fund raising events that he orchestrated. After all, they were both great patrons of the arts. The hat (from Halston 1978 collection) is a unique example of one of their collaborations and Dr. Giller was the lucky recipient at his 30th birthday party hosted at Halston's townhouse. Halston used to say that Andy was so cheap he would have the ancient screens at the house her rented from Andy in Montauk "repaired" with a patchwork of little squares instead of replacing the entire screen. I was surprised to see that the bills used for the sculpture are ten dollar bills instead of ones! Maybe it was Halston who also supplied the money? Whatever the truth this hat is one of a kind as were its creators.

Condition Report

The hat is mounted in a lucite shadow box and is in good condition. The dust jacket and book is fairly worn and admired.

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Payment

Accepted forms of payment: American Express, MasterCard, Money Order / Cashiers Check, Personal Check, Visa, Wire Transfer

Shipping

Shipping Department Contact: Monday - Friday, 10am-4pm Samantha Syracuse, Shipping Manager 973-984-6900 [email protected] Nye & Company Shipping Policy Nye and Company's shipping department guarantees cost-effective shipment of your item(s) within 1-2 weeks from the date of the customer's successful payment. Please note that as an auction house, we are handling fragile antiques that typically require adequate packaging materials and physical labor to secure damage-proof delivery to your door. All shipments are sent through FedEx services. SECTION I. Nye and Company is unable to ship furniture, items that exceed 100lbs or specific dimensions, or any item that we deem unable to ship. For your convenience, we can refer you to a trusted outside shipping and delivery company that fits your needs as found below. If you require further assistance, please do not hesitate to contact us. Bush Dependable Delivery John & Diane Bush Phone: 941-951-2447 [email protected] Delivers along entire East Coast; New England to Florida, Pittsburgh, New Hampshire. Outward Bound Courier Logistics Phone: 413-854-3676 [email protected] Delivers to NY, NYC, CT, Philadelphia, Boston. Billy Mac Delivery Phone: 215-285-4840 [email protected] NJ to CA. Delivers across the United States. SECTION II. 2% Replacement Cost Insurance Charge and Damages: All shipments are sent fully insured up to $1,000. 2% of the closing hammer price of each lot will be added to the base shipping charge. In case of a damage, detailed photographs must immediately be sent to [email protected] If damages are determined to have incurred as a result of packaging, Nye and Company will reimburse the paid hammer price of the item (not including buyer's premium) by credit card or check. If damages incurred are a result of FedEx services, a claim will be submitted on your behalf and any settlements will be reimbursed to you by credit card or check. All otherwise, shipping charges are not refundable nor negotiable. Once you place a bid, you are agreeing to a legally binding contract which includes the shipping charges you are quoted.

Buyer's Premium

30.0%

From: To: Increment:
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These conditions of sale are Nye & Companys's, a division of Buck Trout, Inc. ("we," "us" or "our"), and the consignor's entire agreement with the bidder or purchaser ("you" or "your") for the property listed in the auction catalogue, other than items listed in advertising for future sales. These conditions of sale and the contents listed in the catalogue are subject to amendment by us by the posting of notices or by oral announcements made during the sale. We will offer the property in lots. A lot may consist of a single item of property or multiple items of property as we may determine. Please note that any references to the term "including" are deemed to mean "including, by way of example and not of limitation." By bidding at any of our auctions, whether in person or by agent, by written or any other means, you agree to be bound by the following conditions of sale:
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12. Purchaser in Default; Our Remedies. If you do not comply with any of these Conditions of Sale, you will be in default, and you agree that we and/or the consignor will have the right to pursue any remedies at law or otherwise against you as we or the consignor may determine in our or its sole discretion, including:
(i) holding you liable for the total purchase price (including buyer's premium);
(ii) canceling the sale of that or any other lots sold to you at the same time or any other auction, retaining as liquidated damages all payments made by you and reselling the property in any manner we determine without reserve. If this occurs, you will be liable for any deficiency and added cost, including our commission on both sales at our regular rate;
(iii) setting off the amount you owe us from a default against any amounts that we may owe you in other transactions;
(iv) rejecting any bids by you or that we determine in our sole discretion are being made on your behalf at other auctions or requiring you to place a deposit with us before accepting your bids; or
(v) effecting a combination of any of the foregoing as well as any other legal or equitable remedies we may have against you.
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Contract Information

If you do not comply with any of these Conditions of Sale, you will be in default, and you agree that we and/or the consignor will have the right to pursue any remedies at law or otherwise against you as we or the consignor may determine in our or its sole discretion, including:
(i) holding you liable for the total purchase price (including buyer's premium);
(ii) canceling the sale of that or any other lots sold to you at the same time or any other auction, retaining as liquidated damages all payments made by you and reselling the property in any manner we determine without reserve. If this occurs, you will be liable for any deficiency and added cost, including our commission on both sales at our regular rate;
(iii) setting off the amount you owe us from a default against any amounts that we may owe you in other transactions;
(iv) rejecting any bids by you or that we determine in our sole discretion are being made on your behalf at other auctions or requiring you to place a deposit with us before accepting your bids; or
(v) effecting a combination of any of the foregoing as well as any other legal or equitable remedies we may have against you.

Payment Information

You will pay us the total purchase price for a lot by credit card, cash, or traveler's checks, personal check, or paypal before the property can be removed. We reserve the right to hold the merchandise until cleared or certified funds are provided. The purchaser will be charged $25.00 for each check returned for insufficient funds.

Shipping Information

Shipping Department Contact: Monday - Friday, 10am-4pm Samantha Syracuse, Shipping Manager 973-984-6900 [email protected] Nye & Company Shipping Policy Nye and Company's shipping department guarantees cost-effective shipment of your item(s) within 1-2 weeks from the date of the customer's successful payment. Please note that as an auction house, we are handling fragile antiques that typically require adequate packaging materials and physical labor to secure damage-proof delivery to your door. All shipments are sent through FedEx services. SECTION I. Nye and Company is unable to ship furniture, items that exceed 100lbs or specific dimensions, or any item that we deem unable to ship. For your convenience, we can refer you to a trusted outside shipping and delivery company that fits your needs as found below. If you require further assistance, please do not hesitate to contact us. Bush Dependable Delivery John & Diane Bush Phone: 941-951-2447 [email protected] Delivers along entire East Coast; New England to Florida, Pittsburgh, New Hampshire. Outward Bound Courier Logistics Phone: 413-854-3676 [email protected] Delivers to NY, NYC, CT, Philadelphia, Boston. Billy Mac Delivery Phone: 215-285-4840 [email protected] NJ to CA. Delivers across the United States. SECTION II. 2% Replacement Cost Insurance Charge and Damages: All shipments are sent fully insured up to $1,000. 2% of the closing hammer price of each lot will be added to the base shipping charge. In case of a damage, detailed photographs must immediately be sent to [email protected] If damages are determined to have incurred as a result of packaging, Nye and Company will reimburse the paid hammer price of the item (not including buyer's premium) by credit card or check. If damages incurred are a result of FedEx services, a claim will be submitted on your behalf and any settlements will be reimbursed to you by credit card or check. All otherwise, shipping charges are not refundable nor negotiable. Once you place a bid, you are agreeing to a legally binding contract which includes the shipping charges you are quoted.

Buyer's Premium

The total purchase price to be paid for each lot of property by you is the amount of the successful bid price plus a premium of 25%.

Taxes on your purchase

Unless exempt by law, all purchases (including buyers premium) are subject to local sales or use tax.

Condition Statement

For Sale from Nye & Company