The Art Newspaper

Most people glaze over the confusing array of microscopic auction catalog symbols.

A year after Sotheby’s introduced a third party guarantee or irrevocable bid symbol, I spoke with Sotheby’s Mitchell Zuckerman, Christie’s Marc Porter, art lawyer Ralph Lerner and dealer William Acquavella to find out how these deals really work.

My article in the the January, 2010 issue of The Art Newspaper can be found here.