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Lucky

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#22803   2007-09-14 09:07 GMT      
There are some living artists who do very expensive paintings which sell at high end auctions. Are these paintings expensive because of the materials or the talent/idea. I am asking this because i doing a painting on a normal canvas using normal paints. Its not very very expensive colors nor canvas but the idea. So when i do auction this painting, do people look at the quality of materials or the idea/talent? Thanks

CarpetShark

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#22804   2007-09-14 09:33 GMT      
paintings don't sell because of the quality of the materials, they sell because of the quality of the idea and technique.

Also, as the painter becomes more well known and collected, their paintings go up in price.

God

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#22805   2007-09-14 10:19 GMT      
Like most other commodities in life, it's all a matter of supply and demand.

When demand increases for the work of a particular artist, the price goes up and can be very high. If there is no demand for that artist's work, or if there is more supply than demand (such as when the artists flood their own markets with huge "limited" editions), the prices don't start or stay very high.

In either case, the expense of the materials is not a major factor in pricing. It only matters pricewise to the artist, who needs to recover at least the cost of making the piece.

Jordan

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#22806   2007-09-14 10:47 GMT      
Depends on how well known the artist is as well as other thing. the over all composition, colours, size. if the auction requires a commission to be payed by the artist. Demand for the style of the artist. Also how much the patron (person buying) really wants the painting in their home. you can also get the artwork appraised and figure out a price from there.

MazMaz

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#22807   2007-09-14 11:13 GMT      
How do you explain artists like Jackson Pollock who used ordinary latex house paints to create his paintings? Perhaps it cost Pollock no more than $20 in house paints to create a painting yet his paintings have sold for millions. Certainly materials were not a deciding factor with regards to the value of his work.
For you to understand how value is placed on a piece of art you really have to have a formidable understanding of art history, in particular contemporary art history. When an art speculator looks at your painting they arent going to be asking what kind of canvas or paints you used. More than anything they are going to be asking themselves what the relationship of this art has to art as a whole.

Minnie

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#22808   2007-09-14 15:56 GMT      
depends watch people like i suppose sometimes expensive art don't have perfect just cause Picasso art was abstract now if someone paints a retared person and its basically crap cause it abstract its sold for millions and some times it helps if the artist is dead none of van goghs art was 'nt famouse till hundred years after he died

hope i helped_<3

VanGoghsEar

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#22809   2007-09-15 17:16 GMT      
Basically what are you paying for are they artist's skills, and talent, the price is of some paintings cannot be measured into dollars because of what the artist put into it. Meaning the artist may have spent an hour on the painting or several days the value is the same.

A work of art do not have a set price. However if you are selling art it can be priced and be detected whether or not the artist is an accomplish artist or an novice.

ArtPrice.com will give you better insight on how to price your art.

RollTheStones

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#22810   2007-09-17 10:30 GMT      
I bough a beautiful canvas from paul mcityre 3 years ago at a reasonable price, but now it has gone up in price so much more and keeps going up. I think its because hes becoming more popular and more gallerys are asking for his work. I guess the more popular you get, the more work you have to do and the more you have to charge.
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