Adam's THE JEWELLERY BOX Online Auction 24th June 2024
works resold for €3,000 or more, other than sold by the artist or the artist’s agent. The resale royalty payable is calculated as follows From €3,000 to €50,000 4% From €50,000.01 to €200,000 3% From €200,000.01 to €350,000 1% From €350,000.01 to €500,000 0.5% Exceeding €500,000 0.25% The total amount of royalty payable on any individual sale shall not exceed €12,500. The seller is liable for payment (paragraph 7.1 of Government Regulations (S.1. 312/2006) of this royalty on completion of the sale. The artist may request from the Auctioneer any infor- mation necessary to secure payment. Unless otherwise directed by the vendor, the Auctioneer will automati- cally deduct the amount due from the proceeds of sale and will hold in trust for the artist or their representa- tive the said sum. 194
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