Emerging artists

There tend to be unspoken price limitations when it comes to buying work at degree shows or during the early stages of an artist’s career. As with anything, there are exceptions to every rule, but by and large collectors (from big names down to family and friends) tend to be willing to pay no more than £1,000 for work at BA level and around £2,000 for MA work.

If your work is exceptionally large, exceptionally intricate or your materials are exceptionally costly, then of course your price point will be higher than these guidelines.

Note that these are approximate maximum prices and not a value to ascribe to all your work, regardless of size, materials cost or quality.

© Medeia Cohan-Petrolino

This article is from the Artlaw Archive of Henry Lydiate's columns published in Art Monthly since 1976, and may contain out of date material.
The article is for information only, and not for the purpose of providing legal advice.
Readers should consult a solicitor for legal advice on specific matters, and artists in London can get free online legal advice from Artquest