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Record resale is a pain for Ghenie

Gareth Harris
1 November 2016
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Adrian Ghenie, the 39-year-old Romanian star of the London season, described the high prices paid for his works to a group of school students, according to the newspaper Stiri de Cluj. The article, published in October, says that Ghenie objected to the Romanian media’s attempts to calculate his fortune and complained of not receiving resale payments on his in-demand works. “I sold those paintings for peanuts. Now the buyers are selling them between themselves at different auction houses,” Ghenie reportedly said. But he tells us: “I'm getting my royalties, which are very little anyway, but I'm getting them. The Romanian media doesn’t understand how the art market functions so they [reported] it incorrectly, as always.”

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