New initiative between Art Money and Christie’s will allow collectors to bid at auction and pay over time in instalments
Christie’s and Art Money, the Australian start-up that offers interest-free loans specifically for buying art, have teamed up to launch a new initiative that will allow collectors to bid during Christie’s auctions and then pay Art Money back in instalments. The programme gives collectors the “confidence to make stronger bids—without the need to have the cash up front”, according to Art Money. Christie’s has invested in the collaboration through its Ventures fund, which focuses on art and technology.
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Article by Carlie Porterfield
THE ART NEWSPAPER’s®