Pi-eX's Christine Bourron on financial instruments for the art world
ArtTactic
English - August 30, 2018 00:44 - 18 minutes - 33.6 MB - ★★★★★ - 81 ratingsVisual Arts Arts Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Masterworks' Scott Lynn on trading shares of artworks
In this week's episode of the ArtTactic Podcast, we speak with Christine Bourron, CEO of Pi-eX, a firm that offers financial instruments based on art in the art market. First, Christine introduces us to contract on future sales, a product that enables sellers to pre-sell a percentage of their artwork to investors in advance of their artwork heading to auction. Then, Christine argues why this is a superior product to traditional third party guarantees offered by auction houses. Also, she explains why investors interested in this product won't be limited to art world insiders.