An agent priced my paintings at $744.00
each... (Thought it was $477.00)... all the while i thought the $744.00
price tag was too much for a piece of work... but considering that most
artists sell their paintings no cheaper
than $1,000.00, mine would be considered a steal. I am talking about art
pieces exhibited in galleries and not the generic artworks sold at the
malls... mall artworks are priced lower since they are just copies
printed on canvas or paper and framed... art gallery paintings are
priced at much ("very") higher prices since they target specific buyers
(art collectors, investors, etc), and the gallery gets atleast 40% or
more of the selling price... the agent gets a cut... puhunan sa
materiales... labor... and how much would that leave the artist?
In
manila, art pieces (exhibited) are sold at a minimum of P25,000.00
each... Mall artworks are sold at a minimum of P4,000.00... Gallery
paintings are exclusive works that are not reproduced and on the other
hand, mall pieces are all reproduction (copies) hence the pricing. An
exclusive and personal work will cost more than a piece which is seen
all over the metro. An art enthusiast (collector) will invest on a
exhibited piece because they see it as an investment and would later be
sold (auctioned off) to get a higher price than it was first bought. A
mall artwork (repro) cannot be sold at a higher price but can be sold at
a 50% discounted price. A price comparison.
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