Payments to artists and their families in sales

[Konstantin]

Yesterday communicated with the artist's son, and he said an amazing thing for me. What has already been adopted or adopted a law that after any public sale (eg auction), the buyer should a percentage of list relatives or the artist himself, if alive.
Who knows the details?

[Vladimir]

Konstantin,
thing called Droit de suite, droit de suite, droit - the equity of the author and heirs. There are many countries, but conditions are different. The point - after the public resale, no matter how many times, heirs or living artists are paid a percentage of the transaction. And in Russia's legislation is very significant. Interest in the topic is particularly increased, as has been recently adopted a government decree number 285 of 19 April 2008, governing the payment of the authors and heirs. Nuance - what is it with public deytsivet preprodazhe. Osoenno, when all cards are revealed (for example, the transaction price at the auction). The right route, incidentally, very long - years, almost 70 years following his death. I know that in the magazine The Director-info on this topic is now preparing a "legal" paper artinvestment soon to be published.

An interesting sign on deductions. That's something like this:

Resale price of the original works of fine art, the author's manuscript (autograph), literary and musical works, thousand rubles. /Remuneration

Up to 100 inclusive 5%
More than 100 to 1 700 inclusive 5 thousand rubles. 4%of the amount exceeding 100 thousand rubles.
More than 1 700 to 7 000 including 69 thousand rubles. 3%of the amount in excess of 1 700 thousand rubles.
Over 7 000 to 12 000 including 228 thousand rubles. 1%of the amount in excess of 7 000 thousand rubles.
Over 12 000 to 17 500 including 278 thousand rubles. 0,5%of the amount in excess of 12 000 thousand rubles.
Over 17 500 305.5 thousand rubles 0,25%of the amount in excess of 17 500 thousand rubles.

[Konstantin]

More than 1 700 to 7 000 including 69 thousand rubles. 3%

Do not understand mathematics. If ot1700 to 69 OOO is 7000 and pay 3%?

[LCR]

In the EU, the artist had already deducted a certain remuneration for each public sale of his paintings, and as to his successor, they will have to wait, the 20011, as well as auction houses and have asked for a postponement.
Incidentally, on the sites of many auction houses specify which pictures have to pay this fee.

[Vladimir]

Сообщение от LCR

In the EU, the artist had already deducted a certain remuneration for each public sale of his paintings, and as to his successor, they will have to wait, the 20011, as well as auction houses and have asked for a postponement.
Incidentally, on the sites of many auction houses specify which pictures have to pay this fee.

Soon advertised my article even link will be provided for a specific EU directive on this topic. The catalogs lots, subject to the droit de suite observed a special character, so I just forgot how it looks Who will remind?

[Konstantin]

Here I bought such a picture of a Mexican. And where do I look for relatives? And who is behind these monitors? And honestly searched and not found?

[Meister]

Konstantin, as well, you bought it at auction? auction and keeps the commission. And in the galleries are not as formal.

[LCR]

Do not worry, Konstantin, those searches took himself auction house, which you pay the required amount, and which sends its successors.

Concerning the symbols, for example, MacDougall, a sign of this section:

§ Indicates Artists Resale Right applies.

I can not reproduce here the symbol used by the Sotheby's, so I refer you to the appropriate page of their site.

http://www.sothebys.com/app/live/sha...e_lot_id = 310

At Bonhams, frankly, I did not find this symbol, tomorrow look in more detail

[Vladimir]

Konstantin, looking for the owner of his relatives will not need you, and gallery or auction, that is, the seller, who received the money. Buyer is generally not worried about it just being overcharged, and Heir is not engaged.

[Meister]

and now in the commission's leading auction houses have already been included compensation entitlement. That is, if I pay a commission of 20%of the value of work, part of this amount, the auction lists the heirs or directly to the author?