News Column

Letter: Hospital fairy tales won't wash

June 30, 2014

Nicholas Sharp

Jonathan Jones (28 June) is not correct to say Tracey Emin's "won't get a penny" when her Bed sells at auction. Depending on the hammer price, she could receive up to euros 12,500 as her artist's resale royalty, introduced into English law in 2010 as a result of an EU directive to make sure that artists do benefit from the prices their work fetches on the art market once they sell it.

Nicholas Sharp

Art lawyer, Swan Turton LLP

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Source: Guardian (UK)

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