Portrait Artist Forum - Pricing your art

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Misha,

Claudemir found the article here: http://www.portraitartist.com/media.htm

Thank you Enzie! I'm going to the page now and have a look. I've had so much work to do lately, prep work for my first exhibit here. Lots of problems, website down, attempting to finish paintings in time, putting together fliers, cards etc. etc. Solving the price issue is a major concern at this point. I must not be timid and than again I must tread carefully. If get my drift.

So, everyones help is much appreciated. Thank you!

Sincere regards,
mischa

Mischa,
i have not done any research on drawing prices so cannot give you any advice on how to price them. Your charcoal of the woman is exquisite and should be on the upper end of prices for this type of work. Sorry I couldn't be more helpful/

Richard, thank you. I appreciate your honesty. The oil I posted of the man in hat is just a color study not nearly finished. Actually its in the first stages of small form modeling. I soon hope to post a recent finished portrait in the unveiling's.

Any other thoughts that come to mind in regard to pricing, for my neck of the woods, appreciate you and anyone else to let me know.

Sincere regards,
mischa

I am not positng to really contribute to this interesting string. I just wanted to jump and and say Mischa your drawings are exquisite!!! The detail in the charcoal is a great mystery to me - WOW!

Thank you Pat. I do appreciate your thoughts and encouraging words. They came at the right time and so you made my day. Hope to see your wip soon.

Sincere regards,
mischa

Quote:

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

Quote:

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.