SHARES

All the works of art proposed by Laffy Maffei Gallery carry a price reflecting the notoriety of the artist. This price is divided into shares. The collectors may acquire one or several shares in order to become shareholders of the work of art.

 

To become a shareholder shall enable the collectors to receive prorata their 20% contribution on the price of the prints of the works of art for which they are shareholders. 

 

If a collector holds all the shares on a work of art, he may decide to be the sole person authorized to order prints. Nonetheless, Laffy Maffei Gallery and the artist shall retain the right to make prints with the aim of promoting the gallery or the artist (like an exhibition in a museum). 

 

Each collector may consult his shareholder portfolio in his personal account. He may request at any time the transfer of his dividends or use them to make a new share purchase. He may also sell his shares by freely selecting the number and the price. Laffy Maffei Gallery shall take a commission of 12% on any sale made between the collectors on the secondary market. This commission shall be equally shared with the artist. His resale right is therefore guaranteed.

 

The price considered for the calculation of dividends is the sale price, excluding taxes, from which a flat-rate of 100€ shall be deducted.

 

While the purchase of shares shall enable the collectors to support the artists as true sponsors, Laffy Maffei Gallery places great importance on the quality of their investment. Therefore, as an example and according to the evaluation of the average value of a print, for a work of art at €12 000 to bring 7% per year, less than 8 orders shall be sufficient, for a work of art at €9 600, less than 6, for a work of art at €4 600, less than 3!

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