Paul McCarthy's Tomato Head (Green) fetches $4.5m at auction; will the artist get a slice of the action?
26 artworks from the collection of Peter Norton went under the hammer at Christie's on Tuesday night. All of the lots were sold bringing in $26.8 million and a few set new records for artists with Paul McCarthy's Tomato Head (Green) topping the list at $4,562,500.
Although he has multiple residences, Norton is identified in Christie's news release as “the Los Angeles collector and software entrepreneur”. According to the California Resale Royalty Act, a seller or seller's agent must give 5% of the resale price to the artist provided that the seller lives in California or the transaction takes place there, making McCarthy's cut $228,125.
So far Norton has not responded to requests for comment.
Image: Paul McCarthy's Tomato Head (Green)