UK artist resale right at 20: how successful has the pioneering scheme been?
The UK's Artist Resale Right (ARR), a law entitling visual artists to royalties from secondary market sales of their work, marks its 20th anniversary. Initially met with fierce opposition from auction houses and dealers who feared it would drive high-value sales offshore, the scheme is now largely accepted by the UK art trade, though concerns about administrative burdens compared to markets like New York and Hong Kong remain.
