The Art World 'Mystery Buyers' Who Spend Big and Stay Secret
May 14, 2022
Nicholas O'Donnell was quoted in the article, "The Art World ‘Mystery Buyers’ Who Spend Big and Stay Secret," published by the Daily Beast on May 14, 2022.
The article discusses how protecting buyer identity is a rule that's universally followed across the art market, from auction houses to galleries.
Nick comments that "The auction house cannot keep that information secret forever. It’s not privileged. What does happen with some frequency is that something about the sale or the follow-up to the sale goes awry, and there is a dispute and someone goes to court. Once you’re in litigation, people can issue subpoenas."