Valuing Art – How Does One Value Works of Art?

 

  

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Artwork & The Subjective Theory of Value “According to the subjective theory of value, the value we place on goods and services is determined by the individual who is evaluating, and there is no intrinsic value as such in items themselves. In regard to works of art, we often hear people say they are "undervalued," "underappreciated," "hyped," or "overvalued." These are subjective evaluations and no one can measure by how much a work is "undervalued" or "hyped."…says this article

The Work of Art in the Age of Mechanical Reproduction

Why One Thousand Paintings Works – A painter, Sala, Sala is selling 1,000 paintings of the numbers 1-1,000. The selling price of each painting is calculated like this: Value = 1000 – number; Initial discount: 90%; Current discount: 60%; The discount will decrease by an absolute 10% for every 100 paintings sold; Min. price: $40. Read more…

Understanding Works of Art

ArtLex’s Art Page – descriptions, explanations, details, examples, excellent resources for the art newbie

The Guide for Buying Original Works of Art – from Art Lady

On the Pricing of Paintings & Works of Art – Alex Wengraf