UK artist resale right at 20: how successful has the pioneering scheme been?
The UK's Artist Resale Right (ARR), which entitles 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 broadly accepted by the trade, with collecting society Dacs having distributed over £144 million to nearly 7,000 artists and heirs.