Why Does Art Cost So Much??? 

You are speaking a truth in a clinical fashion, but there are elements in the magic realm that impact value.

Thank you Mary for your content. It's very insightful and helpful for an early career artist like me!

Interesting information. I tend to explain art prices by material costs + "labor" + artistic expression - which still isn't appreciated or comprehended by those asking. I "discovered" your channel by way of your Crystal Bridges Museum video. You have a genuine enthusiasm and appreciation for art, which comes through in your videos. Based on your videos and number of views, it looks like you've discovered a niche area in which to create video content.

As all your work, beautifully thought through, composed, delivered and seriously enjoyable...I also love the choice of copper eye shadow with the moments of glinting gold with your earrings... a barely discernible matt lipstick so that your eyes take centre attention...framed by your arched brows makes your eyes a great choice of focus...I can't decide whether your eyes are brown or green or just a perfectly balanced moment between the two...all in all, watching and listening is most addictive...and expounding and maintaining a train of thought spoken into camera is a rare skill...anyway...thanks..

Best breakdown of pricing I’ve seen! I’m a young artist that’s old, so I’m much closer to that “finite supply” stage.😀 (If I make it that long😀😀)

A nice post and very informative, it brought up a lot of good memories for me. I worked at a successful mid career gallery on the Southeast cost in yrs past. It was nice watching artist careers move up and move on to bigger galleries. We had a great reputation and was well known in NY, it was called The Ann Jaffe Gallery and located in Miami. We represented many artist for years sometimes. Many artist did very well but some never broke through to bigger galleries. The gallery closed yrs ago when the owner retired after 40yrs. I wonder if the mid career galleries were hit harder than most bigger galleries this year?

Great convo, I’m alway having this with my peers 🙌🏿

Interesting perspective. The idea of looking at it progressively throughout an artists lifetime and career can be very revealing. I now have artwork that is throughout the spectrum of technique, aesthetic and value.

Thank you for your videos. I think I've watched them all? Very well produced. And dare I say you present yourself as "art" in (your choice of clothes/make-up/speech/temperament) your videos, I am confident commenting on your personal presentation. It works. You look good and sound good. In this video: I appreciate your pointed (with charts and graphs, what fun) perspective on "art" buying. It's an investor approach that is from another world view. I agree, doing research is a good idea...buying a piece of "art" makes sense as long as the purchasing process includes a strong emotional element. The connection between the artist and the viewer needs to be more powerful than money. How I've come to own a piece of art and/or why I've chosen to own a particular artist or art work is a better story worth telling...future investment value is subordinate in the buying process, IMHO. Personally, I could not tell someone at a party the main reason why I bought a piece of art is because it is a good investment.

Thank you for sharing your knowledge and experience. I have enjoyed your videos.

thats game right there, i have wondered this. thanks for the lace up

This was really informative. Thanks for posting this.

Hi Mary Lynn. Thanks for this one. Its got to be the most complete and easy to understand explanation of an artists career path I've seen. Even though your intentions were to explain the pricing of art, I've found it helpful to explain where I am as an artist and that my pricing is in the right ballpark. Onwards and upwards I say!!! Thanks again!

Thanks, Mary, most helpful.

this is great! thank you Mary....

Thanks for your great content and honesty! Very illuminating with a logical, fact base approach. It’s always difficult asking for the price of a work , not knowing whether the answer will be $10,000 or $100,000.

that was great information.

Great points, and the charts are excellent. One thing I would add: Artists' work tends to increase in quality, and subsequently, value, as they age, because their richness of life experiences expands. Their work reflects that. You're buying a created work, but what you're really getting is the final product of their life experience that they have put into it.

Nice conversation MARY. I think most important for artist conection with collectors or drillers, but famous collectors I means.

Thanks, Mary Lynn Buchanan, Alastair Sooke the art critic has some great Videos on this vary topic.

So if all your looking for a piece to hang on the wall, go to local art fairs support you local unknown artist, you can have a real work that you enjoy and will have meaning to your family.

Thanks for sharing

Hi. Thanks for your presentations. would you do a piece on emerging older 🎨 artists perhaps?

Great content. Would like to hear about the successful artists who are considered outsider, self-taught etc. by contrast to the "on track" professional who went to art school. Are there milestones for these artists? How do they becomes collectible, or do they?

thanks for the information

Thank you so much.

Hello, I’ve a specific question : as a investor or an art collector would you feel safe mentally to buy from a early career artist who has an art school degree than from a early career artist who doesn’t have art school degree both represented by the same gallery? Thanks

Thanks!

❤️

Hello, Mary Lynn. Thank you for this short but very informative explanation. What do you think, can the size of an artwork impact its price?

Hello. While I was studying something related to computer science at the university, I learned to make digital art on my own. I have no formal studies at the university and I never studied art in any academy or anything formal. I learned to do photo manipulations while I was studying and 5 years of practice everyone says that I do very striking jobs. Only once I had the opportunity to exhibit in a gallery but it is very difficult to have exhibitions in my country where I live (Puerto Rico). I don't know how to make proposals or how to convince a gallery director to be able to exhibit my art. If you are interested in seeing my art and giving your opinion, I will give you my link on Facebook so that you can see the exhibition where I participated. Thanks for these videos

I might suggest collectors look at the University of Manitoba for up and coming artists. Karel Funk and Marcel Dzama are both from that school. Winnipeg is filled with amazing artists. Cold winters force people to stay inside and create.

Since galleries closed after 2008 I have focused on commissions and that burn't me out. Now I am starting a new series I have a hard time finding the buyers to show my art to and not ask give away prices to acquaintances. Online galleries are such a glut of artists. Safe to approach brick and mortar galleries again? I do have a website.

i love it

What work sizes are you referring to when you talk about price ranges in the artist timeline?

Super helpful. It’s nice to see the charts and as beautiful you are with such an impeccable complexion it would be great to see more artwork as you brought into only half way through. Charts are sexy to some but you could take this exact video and do an hour long show from it by expanding with more artwork. Also the chart has time but but doesn’t say if the length is 10 years, 20, 50? Nor does this factor in the internet for accelerating exposure. I realize you packed in a lot and I’m not being ‘critical’, just saying more in-depth and longer won’t scare some of us away. Love it!

Collectors don't buy the real art. They buy the outer manifestation or signpost of the artist's inner process. The artist's intuition is the highest step in this sense and is priceless.

Invest in art, I tought that was as like investing in a car. Extremly unlikly to gain anything. In Sweden you could (20 years ago) get an original oil like 3 x 3 feet for $10.000 that are high end in a Gallery. $5k for a student seems very much.

شكرا لكم علي معلومات راءعه تحيات من العراق

How does an artist get gallery and collectors attention if they did not attend art school and may not have the same networking options? A lot of the art world is so elitist and closed off to anyone who didn't attend school, live in a major city, or have connections. It seems as if the art world hasn't changed that much at becoming more diverse or inclusive .

It's about the artist identity? Can you elaborate on why the identity would affect the price of their work?

Lynn, you look great👍🍹🇮🇹

Comments actually complementing Mary Lynn Buchanan on her content and ability: response and hearts given. Comments from viewers commenting on her looks and choice of makeup: *CRICKETS**🤣🤣🦗🦗🦗🦗🦗

thank u informative for an African outsider ***

I've been trying to sell my work for 30 years w. a limited success in Canada.

I am high risk, but thats what makes me relevant.

Things are changing for Art now that paintings are being sold online and electronically...

Business side of art causes tension. Much rather not think about it and just create art daily.

For me it went like this, I went to art academy in 1978 and then I immediately got an agent. I ran into him by accident. My objects often sold before I finished them. In the beginning the price was on average 2000 euros until I stopped 31000 euros two years ago. I was so used to my agent that when he retired, I also stopped major projects. I had two members of staff helping me. Never had an exhibition because I didn't feel like it and it was not necessary. Now I only make paintings because I can't resist. This is how it went and goes with me.

El precio de las obras de arte se determina por: 1. Es una pieza única 2. El momento histórico en que fue creada 3. La situación del artista 4. El mensaje de la obra. Todo lo demás es mercadeo y moda; y el arte no tiene ABSOLUTAMENTE NADA QUE VER con el dinero y el consumismo. Eso es un agregado, no es parte de la esencia del arte. Abrazos.

↖️ Graphic Designer and artist

You're v cool. What is your neck tattoo?

Your teeth is beautiful...I am dying to know your dentist 😁😁😁

Few artists go to art school. Hummm

I do not think real collectors exist anymore. Reading a artists resume what prestigious school they attended museum shows they have been in by the way controlled exclusively by the Mega galleries and their curators. Buying art through their art advisors advice even though they don't personally even like it. The whole crooked Museum auction house merry go round. This is the main reason that so much art is mediocre at best.

SORRY DILLERS.

Artist, don't make art for investors.

Mary...its art...its like choosing a partner...look and buy

People are not buying art, but the story behind it. Sad.

To become a world famous artist, you do not have to paint well like Damian Hirst, or basquiat, who standing near to Saatchi and Andy Warhol became world famous and highly paid artists😜☝️

Hence the stereotype of starving artist.

"like I said" and "that being said" are tells... work on your French pronunciation especially "Crème De La Crème"