A work of art was resold for more than 750 euros by an art market professional? The artist is likely to be entitled to resale royalties. ADAGP is in charge of monitoring this right for the artists it represents and calculating the royalty amount to be paid to them.
Enter the amount of the sale in Euros then click on Calculate:
Calculating resale royalties
Resale royalties are worked out from the sale price excluding tax (hammer price for auction sales).
They are calculated for each work using a sliding scale per portion of the sale price (4% to 0.25%), capped at 12,500 euros:
- 4% up to 50,000 euros;
- 3% for the portion between 50,000.01 euros and 200,000 euros;
- 1% for the portion between 200,000.01 euros and 350,000 euros;
- 0.5% for the portion between 350,000.01 euros and 500,000 euros;
- 0.25% for the portion above 500,000.01 euros