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by bookmarkable
1940 days ago
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I'm not sure this is a real problem. If you gave a Christie's rep $10M for a modern art piece, and gave them another $1M cash and said "this is off the books" I'm sure they could write down the sale was really only $10M. But why would you do that? You are paying extra to shaft the artist of royalties? To devalue work you just purchased? What is the benefit in this transaction? |
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