Pricing Tips

Read these 17 Pricing Tips tips to make your life smarter, better, faster and wiser. Each tip is approved by our Editors and created by expert writers so great we call them Gurus. LifeTips is the place to go when you need to know about Framed Art tips and hundreds of other topics.

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Does condition play a role in the pricing of a work?

Condition

The condition of a work of art will play a role in its price. Works in perfect condition will be more expensive than works that have had restoration.

   
Are prices for an contemporary artist uniform?

Established artists.

When it come to contemporary (new) art by established artists, you will often find that an artist either represents themself, or works through one gallery or agent that controls the price - thereby assuring that you will pay a similar price anywhere you go.

   
How much should good art cost?

Antique art

When it comes to old or antique art, you should keep in mind that most artwork has a 'market value'. The dealer's markup is predicated on how far below that value they can buy a particular work.

   
Will the artist´s best work cost more?

Masterpiece

If you have found an artist's masterpiece, the cost can be as much as 10 times what a typical work costs. But make sure it is considered a 'masterpiece'.

   
What else goes into the pricing of a work of art?

Content

The more 'elaborate' a work of art is, the more expensive it will be. Example: if an artist usually paints images of a women in a garden and then paints one with 2 or 3 figures in a garden, the more 'elaborate' one will be more expensive.

   
What else goes into the pricing of a work of art?

Exhibited Works

If it turns out that a particular work was shown in an important exhibition (Paris Salon, National Academy, Royal Academy) this will increase its value.

   
Does the subject of a work of art play a role in its cost?

Subject Matter

People typically want to buy what an artist has become famous for. The signature image of an artist will usually command a higher price - but this is not always the case.

   
What else goes into the pricing of a work of art?

Hard Costs

Keep in mind that beyond the actual cost of a work, there is also the costs of cleaning/restoration, framing, shipping/transportation and travel that need to be considered.

   
Does a works provenance play a role in its cost?

Provenance

The provenance (past owners) can play a role in the price of a work of art.

   
Does the date a work was created play a role in its price?

Period or Dating

When a work of art was created will also have an effect on its price. Works produced at the height of an artist's career will usually be more expensive.

   
How does a gallery price the works of ´unknown´ artists

Unknown Artists

When looking at 'unknown' artists, the gallery nneds to consider its costs and expenses associated with exhibiting and handling the art.

   
What is a fair price?

Markup

Markups vary from gallery to gallery. Remember that each gallery has different expenses/costs to cover... and every gallery is in business to make a profit. Prices at ARTinaClick.com are 30%-50% less than traditional gallery prices.

   
What else goes into the pricing of a work of art?

Frame

Make sure you ask if the frame that the work is shown in is included in the price. Most galleries that offer historical works of art include the frame in the price. Many galleries that deal in new works of art, do not.

   
Does size play a role in the price of a work?

Size

When considering a work of art you should keep in mind that, all things being equal, the larger the painting the more expensive it will be.

   
If a work of art is oversized, will the price be less?

Oversized Works

Works that are oversized (extremely large) will usually be priced at a more reasonable level since fewer people can acquire them. Keep in mind that with important or historical works, this is not always the case.

   
What else goes into the pricing of a work of art?

Profit

This is an important aspect... remember that everyone who is in business is entitled to make a profit on the items they sell. You make them in your business and an art dealer makes it in his/her business.

   
How much should good art cost?

Budget

How much do I spend on a work of art? That all depends on what you are comfortable spending. Some people look at their artwork as investments ... others look at it as just decoration. At ARTinaClick.com, we offer works in vaious price ranges that is sure to fit any budget. Buy Framed Art Now!

   
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Jolyn Wells-Moran