The Gray Market: Why Sotheby’s $700m art-backed debt security is an acid test for the trade’s intentions
![The Gray Market: Why Sotheby’s $700m art-backed debt security is an acid test for the trade’s intentions](https://cdn.sanity.io/images/cxgd3urn/production/e457384817d3747c3b2aeeea59dce45f064bad0c-2000x1500.jpg?w=460)
The large-scale investment vehicle raises major questions about who gets to decide where, how and to whom art circulates
The large-scale investment vehicle raises major questions about who gets to decide where, how and to whom art circulates