Help In Pricing Original Artwork!
I have some of my original artwork up for sale/display at a local Starbucks and also will be displaying 3 originals in a show this coming weekend at an art studio. I have put prices on them anywhere from $100-$250. I'm just not sure how much I SHOULD actually be charging though. Am I asking too much, too little?? I am a bit lost and lacking the knowledge as to how I should be setting a price on my "Original" artwork??
Background on me because I feel it is relevant to pricing: I started drawing and then painting a couple years ago and just recently in September was convinced to put my artwork out there to the public for sale by family & friends...hence joining FAA to try and sell in September. I took one art class at a community college for a semester 22 years ago and have no other classes under my belt so I guess you would call me a self taught artist? I am not an established artist by any means so certainly am not known by name. Mostly local supporters and their friends that happen to come across my stuff. My detailed drawings can take anywhere from 20-40 hours to create depending on how detailed I get. The watercolor, pen, pencil paintings can take anywhere from 30-40 hours. As I keep producing art I know I will get faster as I get more experienced. I have finished 2 commissioned pieces and right now I have 6 commissioned pieces that I have been asked to do?
Soooooo, with that background information! Any advice please, pretty please :)
The pencil drawings and paintings typically are 8x10 & 11x14's then they size up when matted & framed
11x14 watercolor, pen & pencil $250, 16x20 matted & framed?
8x10 watercolor, pen & pencil $200, 11x14 matted & framed?
8x10 pencil drawing, $120, matted & framed?