Petra Warrington examines online auctions during Covid-19 in Private Art Investor

Gregor Kleinknecht and Petra Warrington discuss private treaty sales
6 April 2020
Petra Warrington paticipates in a panel discussion hosted by London Art Week
25 June 2020

Originally published in Private Art Investor and can be accessed here.

Responding to the Government guidance on COVID-19 issued on 23rd March, auction houses throughout the UK have been forced to close their doors.

Those auctioneers that are already set up for online bidding, and so able to build on an existing online business, are in an advantageous place to weather this storm. In any case, auctioneers who intend to continue with sales during this challenging period will need to make significant adjustments to their pre and post auction logistics and consider the legal implications of any changes to the sale format. In particular, they need to check that their existing terms and conditions of business and compliance procedures are fit for purpose…


See here for the rest of the Article…