Bailed-Out Bank’s Miro Art on Auction Causes Row in Portugal – guess some people in Portugal are not happy with the upcoming sale of 85 Miro works which were the property of Banco Portugues de Negocios; they are now held by Parvalorem SA (a state-run company handling the assets of the seized bank).
Whether you are for or against the sale of the works, in the end offering 85 at one time is not the best way to generate the most money. I have always believed that spreading out the offerings over a period of time will result in a better overall return.
