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Resale Rights & Sustainability: In conversation with Aspire Auctions

ARTTHROB:

Artist’s Resale Rights, often known by the French term droit de suite, is a provision for artist’s or their heirs to earn a percentage of the resale value of a work sold on the secondary market. This means that artists essentially earn royalties, in line with other creative professionals like actors, authors and musicians, though because there is often a physical object exchanged Artist’s Resale Rights are not universally acknowledged. It is legislated in the EU, for instance, but a similar law  didn’t get past congress in the United States. With a growing secondary market in South Africa and a maturing industry in need of support, Artist’s Resale Rights seem like a logical step… Read more

Image: William Kentdride, Back Flip, 1991, Lithograph

2018-10-23T19:28:43+00:00