How an art collector - investor need evaluate, from a pleasure and profit perspective, any piece of rare thus unique art made by professional and less known artists
When it comes to the passion of being an art collector the reward that derives from the pleasure of owning a piece of art that serves as a symbol of his or her appreciation for the labor and success of an artist s unique mastercraft and abilities becoming part of his or her s everyday environment is priceless. What is not taken into consideration once owned is the value of that item on the open art market for fellow art collectors who would want to experience that same sense of joy upon purchasing it from them.
There are two types of art collectors: art speculators, who see the work as a long term investment & those who would never think of the work in monetary terms. For both there remains a recognition of the instrinsic value in rare and unique artwork and labor craft. There is an end product that leads one to experience the joys of owning something that no one else has or that few would ever see with such respect.
The reality id the art world and art collectors are a niche market and that marketplaces such as art galleries are few in number and obviously take the monetary value into consideration and of course a percentage of the end payment for the end product the artist built by his or her imagination, talent and labor.
For the artist to let go of their works of art the return must ensure their costs for creating their work is recuperated, that they profit so that they may continue their work and take into consideration that if neither is covered they will be, due to economic circumstances, unable rationally to continue their endevours without having to focus on basic survival. In many respects any collector wants to pay less for more value yet without paying fair value the interest fades.
What is interesting is that the more time goes on, the more collectors pay for the artists work the more the previous works of art gain in value and the more likely the inventory increases, all awhile maintaining value.
When an artist begins to work atr his and her craft here are the basic costs associated with doing so:
1. Labor A. (hours worked at the piece): Without costing them money upfront, the mere fact that there time worked on the piece means they are unable to put time in earning money elsewhere means that at the point of selling their end item they need recuperate that loss. Besides who works to build something expecting not to be paid for their labor.
B. Taken into consideration is the size of a piece since obviously the bigger the end product the more labor needed to finish it, hence why the size of a product is factored into pricing.
2. Raw materials (be it paint, brushes, tools, commodities, etc.) are paid upfront by artists and this cost need be paid for to ensure the work continues.
3. Transportation costs associated with getting the materials from suppliers
4. Costs associated with marketing ventures and travels to and from their work studios and to conventions and marketplaces that allow them to build on their reputations and increase notoriety to their work
5. Utilities (electricity - rent cost of studio or home; telephone - internet costs) during period of working on their art piece may in some cases be added on. In this case time spent creating the art work need be factored by both creator - artist and collector-speculator. In some cases this may not be factored in thus allowing the artist to generally have more time to dedicate to the artwork at their leisure. From an investor - collector perspective this can take place during negociations between both.
5. Shipping costs for items sent abroad to clients outside their proximity, where it applies.
6. Applicable tax costs for sale of their artwork, which varies per the nation and city in which the artists lives
7. The logic of an artist making a profit which both collectors, art speculators and the artists themselves can understand and need to pursue their desires to see the work expand in value and notoriety.
All this suggests that when it comes to original works...and even reprints - non original works sold on the open market there needs to be a recognized value for artwork that allows artists, creations, investment value and notoriety to increase, which benefits all collectors, investors and artists involved in this niche market .,. especially artists who are younger, starting in the industry and less known or unknown.
There is a tendency to prefer paying high prices for known artists yet it is in actual fact as true, in terms of percentage monetary gain to pay $500 for a painting that in decades to come will be worth $ 2000 as it is for an investor to buy a piece at $5000 and in decades from now have it be worth $ 20000....what does not change though is the amount of time an artist needs to put in making original pieces of art. the notion of both artist and collector knowing what they have contributed and paid for should have the exchange put on paper. This can in the long run justify asking prices from both ends upon selling their owned and created works.
For collectors, art speculators and artists themselves there is a known generalized quote that says Art is a labor of love. All these truths written above of the reality in what gives value to a piece of art depicts how true this must be and why artworks, of all types and from artists hold instrinsic value.
If someone doubts that suggest to them to create their own labor of love - piece of art and somehow have all the realities mentioned above not be absolute facts. :)
There are two types of art collectors: art speculators, who see the work as a long term investment & those who would never think of the work in monetary terms. For both there remains a recognition of the instrinsic value in rare and unique artwork and labor craft. There is an end product that leads one to experience the joys of owning something that no one else has or that few would ever see with such respect.
The reality id the art world and art collectors are a niche market and that marketplaces such as art galleries are few in number and obviously take the monetary value into consideration and of course a percentage of the end payment for the end product the artist built by his or her imagination, talent and labor.
For the artist to let go of their works of art the return must ensure their costs for creating their work is recuperated, that they profit so that they may continue their work and take into consideration that if neither is covered they will be, due to economic circumstances, unable rationally to continue their endevours without having to focus on basic survival. In many respects any collector wants to pay less for more value yet without paying fair value the interest fades.
What is interesting is that the more time goes on, the more collectors pay for the artists work the more the previous works of art gain in value and the more likely the inventory increases, all awhile maintaining value.
When an artist begins to work atr his and her craft here are the basic costs associated with doing so:
1. Labor A. (hours worked at the piece): Without costing them money upfront, the mere fact that there time worked on the piece means they are unable to put time in earning money elsewhere means that at the point of selling their end item they need recuperate that loss. Besides who works to build something expecting not to be paid for their labor.
B. Taken into consideration is the size of a piece since obviously the bigger the end product the more labor needed to finish it, hence why the size of a product is factored into pricing.
2. Raw materials (be it paint, brushes, tools, commodities, etc.) are paid upfront by artists and this cost need be paid for to ensure the work continues.
3. Transportation costs associated with getting the materials from suppliers
4. Costs associated with marketing ventures and travels to and from their work studios and to conventions and marketplaces that allow them to build on their reputations and increase notoriety to their work
5. Utilities (electricity - rent cost of studio or home; telephone - internet costs) during period of working on their art piece may in some cases be added on. In this case time spent creating the art work need be factored by both creator - artist and collector-speculator. In some cases this may not be factored in thus allowing the artist to generally have more time to dedicate to the artwork at their leisure. From an investor - collector perspective this can take place during negociations between both.
5. Shipping costs for items sent abroad to clients outside their proximity, where it applies.
6. Applicable tax costs for sale of their artwork, which varies per the nation and city in which the artists lives
7. The logic of an artist making a profit which both collectors, art speculators and the artists themselves can understand and need to pursue their desires to see the work expand in value and notoriety.
All this suggests that when it comes to original works...and even reprints - non original works sold on the open market there needs to be a recognized value for artwork that allows artists, creations, investment value and notoriety to increase, which benefits all collectors, investors and artists involved in this niche market .,. especially artists who are younger, starting in the industry and less known or unknown.
There is a tendency to prefer paying high prices for known artists yet it is in actual fact as true, in terms of percentage monetary gain to pay $500 for a painting that in decades to come will be worth $ 2000 as it is for an investor to buy a piece at $5000 and in decades from now have it be worth $ 20000....what does not change though is the amount of time an artist needs to put in making original pieces of art. the notion of both artist and collector knowing what they have contributed and paid for should have the exchange put on paper. This can in the long run justify asking prices from both ends upon selling their owned and created works.
For collectors, art speculators and artists themselves there is a known generalized quote that says Art is a labor of love. All these truths written above of the reality in what gives value to a piece of art depicts how true this must be and why artworks, of all types and from artists hold instrinsic value.
If someone doubts that suggest to them to create their own labor of love - piece of art and somehow have all the realities mentioned above not be absolute facts. :)
What do artists generally use as a barometer when considering selling a unique piece of their artwork
A formula many professional artists have used when setting a value for trading in their unique works of art for cash reflects their reputation in the art-selling world more than what their art looks like. If relatively unknown to collectors or with fewer credentials than others — such as having placed in competitions, shown with a or several well-known galleries, or had their work published artists can't get the same prices as artists who do have more of those credentials and a history of what their previous work as marketed for when sales have been closed.
When first starting out, it's a good idea that artists make their work as affordable as they can while being able to cover their costs and make smaller profit. If
they charge too little they won to break even. If buyers take a risk buying a piece of their work then they are establishing them in the marketplace, most likely getting a better deal for what the work would cost to acquire when the artists met more and more credentials and ultimately establish relationships with the artist that may lead to more pieces of work being made available to them. By purchasing onlywell established artists the upfront costs to acquire the works increases by so does the reduction of being put first in line and harder access to other collectors and art speculators in terms of price range that can be afforded by them.
Both collectors and art speculators must like the artists themselves consider that works of art bought at an art gallery often means paying 50% more than can be bought from an artist themselves. Buying online is the median between both extremes and allows for less expenses and time spent seeking the works out while giving collectors and art speculators a bird eye view of the work. Ultimately gas prices and time is reduced while only shipping costs are added to the 50% that the artist earns. The notion that there is more to gain from buying from an art gallery makes little sense most of the time since the point is to
maximize the artist s potential in creating new works and accesing new markets which advantages the artist and the buyer s alike. This is why pleasure of art
and profits are most tangible in such a website as we have constructed as we intend to bring artists and their arts purchasers together in a forum that
reduces costs for both and makes more transactions possible.
In some cases the owners of this site have direct contact with the artists of the pieces of art sold on the site and whenever possible when the artists are known to us we seek out proofs from the artists themselves in writing and or photos to support the artist and give even more validity to their need for recognition, aid their marketing efforts to clients and ensure their clients feel and know the artist more and more as individuals.
In those cases where artists pieces of art are purchased into our inventory without anyone from our business knowing the artists we let the work of art speak for itself and seek to purchase such items that we ourselves deem rare pieces of artwork that we would like to have as possessions ourselves. In fact we feel that beyond the logic of our selling these rare artworks as inventory in our business model we feel our clients are deserving of that same sense of attachment and hope that the pleasure of owning such pieces of art will be even more satisfying than the reality of its ever increasing profitability value, though that is a nice bonus also. :)
One thing is for sure though ! Art is truly worthwhile for all who participate in the artist - artwork - owner of the artwork dynamic and all assuring profit and find pleasure in it...as it should be. We, at Statsworldcollectibles.com are proud to facilitate that dynamic in a constructive and efficient way.
What artists generally use as a barometer when considering selling a unique piece of their artwork is:
First, multiply the painting's width by its length to arrive at the total size, in square inches.
Then multiply that number by a set dollar amount that's appropriate for your reputation. In this example we use $ 6.00 per square inch for oil paintings. Then calculate the cost of canvas and framing, and then double that number.
For example: A 16”-x-20” oil-on-linen landscape painting: 16” x 20” = 320 square inches
So, in this scenario an oil painting at $ 7.00 per square inch. 320 x 7 = $2,240.00
Assuming frame, canvas and materials used by the artist to produce their unique artwork would be, for this example, $150.00 then double that amount, if bought through an art gallery, since the artist only would receive $150 if the gallery got $150 themselves, considering the 50% commission standard.
When added together: $ 2,240 + $300 = $2,540, as the retail price.
If the painting is bought from an art gallery, the artist s cut, after the 50 percent commission, would be $ 1,120 for the painting and $150 for the framing, for a total of $ 1,270.
For much larger pieces an artist maybe lower the price per square a bit...possibly a dollar or two lower so as not to price their work beyond what their reputation can sustain in the marketplace. Alternately, for smaller works, an artist might increase the dollar per square inch because small works take almost as much effort as larger works, and an artist need be compensated for their expertise, even when their artwork is miniature.
This is not the only way to consider the price of artwork, but it's generally what keeps unique artwork items selling at consistent price ranges. Keep in
mind that prices are much lower when artists are younger or have no or fewer credentials when their artwork is relatively unknown to collectors. Also note here that when an artist has a great selling year, or the economy (demand for their artwork increases) is good they generally raise their prices by 10 percent and when the economy is poor or their sales are slow they don't raise prices at all. This makes unknowns, new artists and bad economy all a good thing, from the art speculator - collectors perspective. This is generally not true for other rare collector items but fascinatingly true in the artwork and artist world.
This is a general indication of what an art collector - investor can expect to look for and what will be demanded from the artist s , galleries and websites making their artwork available to you. The reality is that the more an art collector or art speculator pays for a piece of artwork the higher in re-sell value the piece they bought becomes if registered in various forums. The more exposure to the price paid is available the more likely the re-sell value is probable.
As it pertains to when to buy and where to buy the general indication is determined how when an art collector intends to sell their piece in the secondary market or art galley, etc. since what applies to the artist when first selling their work also applies to the owner of that artist s work in the future. Economic conditions determine the monetary value they will most likely receive in the open, niche marketplace. The notion of course to offset the possibility of a collector selling their art at a reasonable or higher profit relies heavily on the background story relied on the piece and the cost established upon their initial buying of that piece. It is thus a collectors market during slow economic times and time to re sell a piece in good economic conditions, as a general rule...though intangibles certainly need be considered in this context such as the exposure of the artist, age of the artist, geographic location of the artist and in which location an artist or art speculator seeks to find buyers. As a general rule buying art pieces should be in non huge art markets and sold in huge art markets. Art collectors who have no intention of selling their art or passing it on as a heritage to future generations within their inner circle need not consider these factors per say but would do well to know as much as they can related to the artists as possible to continue supporting the exposure and promote the future art pieces created by the artist.
The prestige of owning an art piece derives primarily from the beauty and inspiration the art work brings into the life and environment of its owner but contrary to the momentary high of where one buys it should be considered as not so important. What is meant by this statement is that overpaying art galleries does not aide the artists as much as would be hoped. It is the artist s prosperity that gives value to the work and to future prosperity for the artists and art work owned and so art speculators and art collectors should consider buying straight from the artist themselves or a site such as we since one can know the value of the artwork is profitable to the artist more and assuring they have lower costs associated with worldwide exposure of their work ensures they can charge less for their artwork. Think about it ! Charging for their labor, art tools is a necessity topursur their livelihood but transportation costs etc. added on makes it more difficult to find art collectors and art speculators (investors) that will cover those costs also just in the name of them getting some minimal exposure. On the internet such costs are not factored in and exposure to a broader market is possible.
Why purchase from us, on this site, and not from other internet sites and auctions is something that will be explained in another post on this site but for now from the perspective of the artist and those who admire and see a good investment in the art piece itself please factor this in when deciding where to invest and how much to invest in acquiring said art work.
Now enjoy the pleasure of your purchases and searches for the beauty that derives from art and artists !...and see what we have to offer you, on this site, every once in awhile as it is ever changing. We are collectors as well as a business and so you can expect a different dynamic with us then with other un-personalized websites. Contact us from this website or email marschall35@hotmail for any inquiries or desires you have concerning our inventory or knowledge of the artwork and artists sold and displayed on this site !
We look forward to nurturing a long term relationship with you for the benefit of all involved !!!...Long prosper art, artists and collectors a plenty ! :)
When first starting out, it's a good idea that artists make their work as affordable as they can while being able to cover their costs and make smaller profit. If
they charge too little they won to break even. If buyers take a risk buying a piece of their work then they are establishing them in the marketplace, most likely getting a better deal for what the work would cost to acquire when the artists met more and more credentials and ultimately establish relationships with the artist that may lead to more pieces of work being made available to them. By purchasing onlywell established artists the upfront costs to acquire the works increases by so does the reduction of being put first in line and harder access to other collectors and art speculators in terms of price range that can be afforded by them.
Both collectors and art speculators must like the artists themselves consider that works of art bought at an art gallery often means paying 50% more than can be bought from an artist themselves. Buying online is the median between both extremes and allows for less expenses and time spent seeking the works out while giving collectors and art speculators a bird eye view of the work. Ultimately gas prices and time is reduced while only shipping costs are added to the 50% that the artist earns. The notion that there is more to gain from buying from an art gallery makes little sense most of the time since the point is to
maximize the artist s potential in creating new works and accesing new markets which advantages the artist and the buyer s alike. This is why pleasure of art
and profits are most tangible in such a website as we have constructed as we intend to bring artists and their arts purchasers together in a forum that
reduces costs for both and makes more transactions possible.
In some cases the owners of this site have direct contact with the artists of the pieces of art sold on the site and whenever possible when the artists are known to us we seek out proofs from the artists themselves in writing and or photos to support the artist and give even more validity to their need for recognition, aid their marketing efforts to clients and ensure their clients feel and know the artist more and more as individuals.
In those cases where artists pieces of art are purchased into our inventory without anyone from our business knowing the artists we let the work of art speak for itself and seek to purchase such items that we ourselves deem rare pieces of artwork that we would like to have as possessions ourselves. In fact we feel that beyond the logic of our selling these rare artworks as inventory in our business model we feel our clients are deserving of that same sense of attachment and hope that the pleasure of owning such pieces of art will be even more satisfying than the reality of its ever increasing profitability value, though that is a nice bonus also. :)
One thing is for sure though ! Art is truly worthwhile for all who participate in the artist - artwork - owner of the artwork dynamic and all assuring profit and find pleasure in it...as it should be. We, at Statsworldcollectibles.com are proud to facilitate that dynamic in a constructive and efficient way.
What artists generally use as a barometer when considering selling a unique piece of their artwork is:
First, multiply the painting's width by its length to arrive at the total size, in square inches.
Then multiply that number by a set dollar amount that's appropriate for your reputation. In this example we use $ 6.00 per square inch for oil paintings. Then calculate the cost of canvas and framing, and then double that number.
For example: A 16”-x-20” oil-on-linen landscape painting: 16” x 20” = 320 square inches
So, in this scenario an oil painting at $ 7.00 per square inch. 320 x 7 = $2,240.00
Assuming frame, canvas and materials used by the artist to produce their unique artwork would be, for this example, $150.00 then double that amount, if bought through an art gallery, since the artist only would receive $150 if the gallery got $150 themselves, considering the 50% commission standard.
When added together: $ 2,240 + $300 = $2,540, as the retail price.
If the painting is bought from an art gallery, the artist s cut, after the 50 percent commission, would be $ 1,120 for the painting and $150 for the framing, for a total of $ 1,270.
For much larger pieces an artist maybe lower the price per square a bit...possibly a dollar or two lower so as not to price their work beyond what their reputation can sustain in the marketplace. Alternately, for smaller works, an artist might increase the dollar per square inch because small works take almost as much effort as larger works, and an artist need be compensated for their expertise, even when their artwork is miniature.
This is not the only way to consider the price of artwork, but it's generally what keeps unique artwork items selling at consistent price ranges. Keep in
mind that prices are much lower when artists are younger or have no or fewer credentials when their artwork is relatively unknown to collectors. Also note here that when an artist has a great selling year, or the economy (demand for their artwork increases) is good they generally raise their prices by 10 percent and when the economy is poor or their sales are slow they don't raise prices at all. This makes unknowns, new artists and bad economy all a good thing, from the art speculator - collectors perspective. This is generally not true for other rare collector items but fascinatingly true in the artwork and artist world.
This is a general indication of what an art collector - investor can expect to look for and what will be demanded from the artist s , galleries and websites making their artwork available to you. The reality is that the more an art collector or art speculator pays for a piece of artwork the higher in re-sell value the piece they bought becomes if registered in various forums. The more exposure to the price paid is available the more likely the re-sell value is probable.
As it pertains to when to buy and where to buy the general indication is determined how when an art collector intends to sell their piece in the secondary market or art galley, etc. since what applies to the artist when first selling their work also applies to the owner of that artist s work in the future. Economic conditions determine the monetary value they will most likely receive in the open, niche marketplace. The notion of course to offset the possibility of a collector selling their art at a reasonable or higher profit relies heavily on the background story relied on the piece and the cost established upon their initial buying of that piece. It is thus a collectors market during slow economic times and time to re sell a piece in good economic conditions, as a general rule...though intangibles certainly need be considered in this context such as the exposure of the artist, age of the artist, geographic location of the artist and in which location an artist or art speculator seeks to find buyers. As a general rule buying art pieces should be in non huge art markets and sold in huge art markets. Art collectors who have no intention of selling their art or passing it on as a heritage to future generations within their inner circle need not consider these factors per say but would do well to know as much as they can related to the artists as possible to continue supporting the exposure and promote the future art pieces created by the artist.
The prestige of owning an art piece derives primarily from the beauty and inspiration the art work brings into the life and environment of its owner but contrary to the momentary high of where one buys it should be considered as not so important. What is meant by this statement is that overpaying art galleries does not aide the artists as much as would be hoped. It is the artist s prosperity that gives value to the work and to future prosperity for the artists and art work owned and so art speculators and art collectors should consider buying straight from the artist themselves or a site such as we since one can know the value of the artwork is profitable to the artist more and assuring they have lower costs associated with worldwide exposure of their work ensures they can charge less for their artwork. Think about it ! Charging for their labor, art tools is a necessity topursur their livelihood but transportation costs etc. added on makes it more difficult to find art collectors and art speculators (investors) that will cover those costs also just in the name of them getting some minimal exposure. On the internet such costs are not factored in and exposure to a broader market is possible.
Why purchase from us, on this site, and not from other internet sites and auctions is something that will be explained in another post on this site but for now from the perspective of the artist and those who admire and see a good investment in the art piece itself please factor this in when deciding where to invest and how much to invest in acquiring said art work.
Now enjoy the pleasure of your purchases and searches for the beauty that derives from art and artists !...and see what we have to offer you, on this site, every once in awhile as it is ever changing. We are collectors as well as a business and so you can expect a different dynamic with us then with other un-personalized websites. Contact us from this website or email marschall35@hotmail for any inquiries or desires you have concerning our inventory or knowledge of the artwork and artists sold and displayed on this site !
We look forward to nurturing a long term relationship with you for the benefit of all involved !!!...Long prosper art, artists and collectors a plenty ! :)
Art Prints (for beginners)
Types of prints (Generalized pricing per item, in the marketplace, but can be more expensive depending on the artist and supplier, but gives a
certain basis for art collector beginners of what to expect)
Original art - photo N A
Original art - pastels N A
Original art - oil N A
Original art - drawing or sketch N A
Canvas, Framed $ 64.96 - $ 348.80
Acrylic $ 74.52 - $ 305.80
Metal $ 60.78 - $ 156.38
Standard art print $ 22.00 - $ 115.85
Greeting cards $ 4.00 - $ 7.95
Posters N A
Categorizing art thematically (though there are countless others):
Abstract Impressionism Surrealism Still Life
Portraits Nudes Celebrities Sports
Architecture Landmarks Cities Landscapes Universities Transportation
Skylines Floral Food and Beverage Animals
Science Fiction Fantasy Music
Portraits Nudes Celebrities Sports
Architecture Landmarks Cities Landscapes Universities Transportation
Skylines Floral Food and Beverage Animals
Science Fiction Fantasy Music