
Artists' Resale Right
The Artists' Resale Right, also known as droit de suite, is a legal entitlement that grants artists a percentage of the sale price when their artwork is resold multiple times, typically at high-end auctions or galleries. It aims to provide ongoing income to artists from their creations’ increasing value in the resale market. This right is recognized in many countries, ensuring artists benefit financially as their work appreciates over time, fostering a fairer system that rewards creative contribution beyond the initial sale.