Pricing your art

[Joan Breckwoldt]

Originally Posted by Richard Monro

As I conceive of the art pricing section. The ratings of our fellow artists on our collective work would comprise a narrow range on the 1 to 10 scale....say for example 5.5 to 6.3 with most ratings centering around 6.

That range would be proportionate to the $0 to $58 art market range (which by the way is a curve and not a flat line). Thus equivalent pricing for the artist rated above might be $17 to $23 per square inch with the center around $21. The artist now has a suggested range to work in for pricing.

Hi Richard,

Nice to meet you. I read this thread you started a while ago but now I'm rereading it. I may need some clarification because these prices seem awfully high. At $21 per square inch, that means a 16"x20" portrait would sell for over $6000. Whew. I suppose this is a gallery price and if I'm selling direct then it would be half, which is certainly more reasonable but way below what I'm charging.

I guess I'm out of touch with the market . . . .

Joan

[Marcus Lim]

Originally Posted by Joan Breckwoldt

... if I'm selling direct then it would be half, which is certainly more reasonable but way below what I'm charging.

Hi Joan, i reckon what you mentioned here, rings another important issue that we have to sit on for a while: pricing against the gallery.

It's important to be price sensitive not only to customers, but also with galleries. By selling direct this way, it'll become fodder of bad reputation among collectors, and especially galleries. So my view is to establish a fair pricing that works well selling direct, and for galleries.

[Mischa Milosevic]

Richard, thank you for your prompt reply. I did not know that my site is down? It was acting up the other day but I did see it active. In the last while I've had axes problems, wanting to do a page make-over. I contacted my provider and he is looking into it.

I hope no one minds me posting a few photos being that my page is down. Here is a color study and one of my charcoals and a chalk. Just to give you an idea. How would you price these and I would appreciate your honesty.

Regards,
mischa

[Mischa Milosevic]

charcoal

[Mischa Milosevic]

chalk