Month: November 2015

New Zealand art business commits to paying Resale Right

In a step forward to support visual artists, the New Zealand based art business Bowerbank Ninow has vowed to implement a Resale Royalty of 2.5% of the hammer price of any artwork sold from their catalogue. The works of art, numbering over 40 pieces, can be consulted online and bear estimated values from $500 to over $100k. Supporting the same rationale that artists… Read more →