How much money will I get?

This depends on the resale price. The higher the sale price for the artwork, the lower the overall royalty rate.
Your royalty is worked out according to a sliding scale from 4% to 0.25%.

Portion of the sale price Royalties
From 0 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%


Royalties are calculated on the sale price for galleries and dealers and the hammer price for auction houses, excluding VAT. The maximum you can receive is capped at €12,500, for one sale of a work, which is reached by works sold for €2 million or more.
Please note: this scale is cumulative, which means that where the sale price is higher than the first threshold, the royalty on each portion of the price must be calculated accordingly and added together to arrive at  the final sum.

For example, take an artwork that sells for €210,000. The first 50,000 would achieve 4% (2,000), the next 150,000 would achieve 3% (4,500), and the final 10,000 would achieve 1% (100). The total royalties due would be €6,600.

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