That is the really big question for any artist.Bottom line it comes down to how good is it and also how the art is selling in your area. Watercolor sells for a little less than oil, not because it isn't as good but because of the time spent painting and drying. I paint in both mediums and.it is hard to make a lower price for something you really love. One can never really know how others view their paintings. I guess it comes down to your gut feeling. Dont devalue your work or others will think you don't think you're any good. I've also used the per square inch method and that is a good key for the smaller paintings however the larger ones go off the charts. I have watercolors for $300 to $900 and my oils are up to 1400.I have an artist friend who can command $10,000 for some oils and 3 to 6 thousand approx for his watercolors. Look him up on the internet and compare a little. He is Charles Reid, also my favorite artist in both mediums. Both Charles and his wife Judy have been very helpful to me in my art but I am not yet at his level. Ha (but one day). I wish I could give you my website but since we go under alias names here not yet figured a way around it. Look on the internet and enjoy your painting
NoraHow do you give a value for a orginal oil or water color painting? is it acording to the size or how? help me.?
Nish, I did look at your web page and you are a very talented artist and I see nothing wrong with your prices as they are posted. The economy problems may not help artists right now but that will ease I hope. Keep up the good works, the two of you, and I will contact you. My Best, Nora
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It depends on so much as others have already said here: how well known are you? Have you had any/ many exhibitions, solo or in group? What prices are other works (of similar size and material) commanding in your area?
One thing is for sure: whatever you do, do NOT give away your work! In other words, the canvases cost, the paints, especially oils, are expensive. Make sure you not only COVER your actual costs but factor in your creativity (that's the hard part, I know!).
See what other artists are charging (and getting) and try to set your prices accordingly.
For example, I priced a framed (inexpensively; I hate it when a frame costs more than what you want for the art work!) charcoal drawing (50 cm. x 70 cm) of a female nude which took me about one hour to do at about $100. My teacher would have sold his similar work at three to four times that; he is definitely more established!
Good luck!
Unfortunately there is no set formula. It depends on a lot of factors. How well known are you? Is your work in demand? What do you think it's worth vs what others think its worth. What does work similar to yours sell for? Once all of that is determined then you have to figure out how to price your work. Do you charge by how long it took you; do you have a set ';per square inch'; price, or just ';guess'; at a price. Teh first 2 are the most popular formulas. For me, however, I never even try to keep track of how long I work on a piece, so unless a piece takes a lot longer than normal for one that size and style I just go the sq inch route. Multiply the width X height and then by the square inch price to get your price. Of course if you frame it you then have to add that cost as well. Emptyeasel.com is a great site for not only art instruction, etc. but also gives marketing and sales tips.
According to size, time it took you, and how much $ payed to make it.
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