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by aaroninsf
3072 days ago
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As numbered edition artworks that would be considered very low end. The price is a reflection of both intrinsic and extrinsic value as perceived in the fine art world. Intrinsic meaning the investment of individualized effort, which include what we might call "set up costs," and extrinsic meaning: can this artist command some multiplier based on their name? $200 suggests a modest return on modest sales by an "unknown" whose work will be primarily valued by people with a personal interest in it. $400 framed would be reasonable as well. For art world definitions of "reasonable" of course :) |
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