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How do you price paintings?

Started by syk, January 31, 2012, 11:01:14 AM

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MadImmortalMan

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The Brain

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The Larch

I have a friend who also paints in a similar style to yours, also as a side show (she's a journalist). IMO she prizes them way too high, but even that way she manages to sell some from time to time.

For instance, she has this one currently on sale for 1.200 €. It's a 100x120 canvas:



Most of her other works are listed around the 700-800 € range.

The Brain

Pricing is pretty fascinating and hard. I've been told that people tend to charge way less than they should.

A steaming turd being sold for $1 would be completely ignored by me. A steaming turd being sold for $1,000... well I gotta check that turd out. AIDA.
Women want me. Men want to be with me.

syk

Okay, thank you Larch.

And here I was thinking I'd stretch it too much when I go above 250€ for this. It is 1m x 50cm. I really need a stable pricing system. Latest point is that exhibition in summer.

The Larch

Ultimately it's all subjective. A painting is worth whatever the customers are willing to pay for it. If you have access to loaded customers, you can force your hand, if you're getting comissions from friends you tend to go easier on the price, I guess.

I bought a painting a few years ago from another friend, much smaller and traditional, so to speak, which I have in my living room. Something like this, he's big on maritime landscapes:



It went for something like 200€, IIRC. It's maybe a 60x60 cm canvas.

Admiral Yi


mongers

It's a tricky question, given there's no element of public subsidy involved and Syk hasn't associated any bullshit with his work. 


Maybe ask a Stuckist ?
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crazy canuck

Hey Sky, one of my partners buys a lot of art.  Its a bit like his second career and he has done quite well as a lot of of what he has bought over the years has appreciated a fair amount.  His secret seems to be getting to know local gallery owners very well so that they give him the inside talk on what people will be hot or not.

The flip side of that would seem to be that you need to get the attention of gallery owners somehow so that they in turn talk you up.  However, I really have no idea how that end works.  So basically you have read this, I have offered nothing all that useful and you won't get that 10 seconds of your life back.

But I do like your work.  Keep it up.

Ideologue

Quote from: The Larch on January 31, 2012, 02:21:55 PM
I have a friend who also paints in a similar style to yours, also as a side show (she's a journalist). IMO she prizes them way too high, but even that way she manages to sell some from time to time.

For instance, she has this one currently on sale for 1.200 €. It's a 100x120 canvas:



Most of her other works are listed around the 700-800 € range.

That goes for 1200 eruos?  That's like 10 bucks.  New career, here I come.
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PRC

Materials matter also.  Oils > everything else.

PRC

Quote from: Ideologue on February 01, 2012, 10:48:47 PM

That goes for 1200 eruos?  That's like 10 bucks.  New career, here I come.

Try selling something.

Oexmelin

A friend in a similar position as you used ebay to figure out how to price his stuff.
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