Saturday, March 25, 2023

The Resale Royalty Law Has Been “pretty irrelevant”

So say the dealers of contemporary art in the UK and the auction houses, which have racked up strong prices for Modern and contemporary artworks this past  January and in the recent June sales in London. “We’ve had two very successful seasons,” and the resale royalty law has been “pretty irrelevant,” according to a spokesman for Christie’s.

Daniel Grant, writing for the Huffington Post, adds, “Worries about the law’s effect have struck many in the trade as theoretical rather than actual.”


Tags: , , , , , , , , , ,


No comments so far.
  • Leave a Reply
    Your gravatar
    Your Name


Clancco, Clancco: The Source for Art & Law,, and Art & Law are trademarks owned by Sergio Muñoz Sarmiento. The views expressed on this site are those of Sergio Muñoz Sarmiento and of the artists and writers who submit to They are not the views of any other organization, legal or otherwise. All content contained on or made available through is not intended to and does not constitute legal advice and no attorney-client relationship is formed, nor is anything submitted to treated as confidential.

Website Terms of Use, Privacy, and Applicable Law.

Switch to our mobile site