How Big is a Hundred Bucks?
This came up as I was thinking up secret evil plans for this coming year.
Given what you people know about what my pictures look like, how big is a hundred-dollar painting? Say, acrylic on 3/4" deep canvas on stretchers?
I'm kind of bad about pricing pictures, as I am a cheap bastard who would probably buy guitars that I don't even need before I would paintings.
Tell me in the comments! I have an idea, but am very very curious what you think.
(Also, there are idea rumblings. Which is nice, because it's been quiet for a while. You'll see, later.)
Given what you people
I'm kind of bad about pricing pictures, as I am a cheap bastard who would probably buy guitars that I don't even need before I would paintings.
Tell me in the comments! I have an idea, but am very very curious what you think.
(Also, there are idea rumblings. Which is nice, because it's been quiet for a while. You'll see, later.)
5 Comments:
Somewhere in the 18" x 24" to 24" x 24" range? Crap, I'm terrible at pricing, too.
Also, when you say we "know about what my pictures look like" -- I was doing my (completely half-assed) pricing above, I was basing that on the assumption that we're talking about (x of infinity) style paintings, not more unique pieces. You know? For that sort of thing the size goes way down (that is, the price goes up, but since you limited the price, the size goes down). Am I making any sense here?
Yep!
Hmm. I'm thinking hand-painted acrylics on canvas, with the possibility of multiples happening in the future, but editions of 1 at a time, not the multi-thing I did with the stencils.
I think you should be able to charge $100 for paintings sized 12 inches square up to 24 inches square (or thereabouts). I've certainly seen paintings less than a square foot sell for multiple hundreds of dollars... and in most cases those were artists who weren't particularly famous, and they were paintings that sold rather than just exhibited.
I know that making your work affordable is a priority for you. The key is to figure out about what it costs you to do a canvas, and then figure out how long, and then figure out how much you need to make on it to feel good about the work.
Most galleries are going to take 50% (as I'm sure you know) so your feel good price should take that into consideration. Most galleries will also require you to sell for the same price out of the studio as you do at their space. Those are the bonus works... you get exactlty twice what you need for costs and labor.
I'd say $100 is pretty inexpensive for a one of a kind painting, so most people who like it should find it affordable.
I think you should go for one square foot at that price. That seems pretty fair, and makes doing the math nice and easy on larger pieces.
Thanks for taking the time to write that up!
I hadn't really thought about the gallery-sold stuff yet. So many parameters to consider.
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