Explore the major art fairs of late 2024, from Art Basel to Frieze, showcasing the best of contemporary and modern art. Now calculate the price of your painting using the formula (Height + Width) x Index Number = Price. Let's illustrate this with a couple of examples. From the historical importance of a work of art to the reputation of its artist, there are many factors that influence the price of a painting. Therefore, the price of a painting is quantified by its demand in the market, or rather, by the number of people who want to buy it.
If there is a high demand for a particular artist or painting style, the price of a painting will increase. Otherwise, it will devalue all your work and you will not overvalue the paintings you want to keep, as this will prevent you from developing a stable sales history. About FAQs Testimonials Exhibitions Full Collection Shipping and Returns Policy Privacy Policy Terms of Service Search. While the square inch formula had a linear price curve, which increased along with surface size, this formula would value smaller paintings more and larger paintings lower, resulting in a price range that is perfectly in line with the actual market value of the artwork.
