Posted: 07 May 2011 at 4:48am | IP Logged | 11
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Even on this very site, JB has some regular patrons who have much more money to spend on commissioning his original art than I do. It amazes me a bit, produces some jealousy, sure, but I don't think they're being foolish! Quite the opposite. They've got a decent bit of money and they're using it toward something that's meaningful to them.•• There is no point of comparison between a commission piece and a page of pre-existing art. Too many factors pay into the prices of the existing pieces, factors which can change at a moment's notice, as artists shift in popularity. Commission pieces are also a small enough part of the market as a whole that their prices are not likely to have any effect upon that market. That's not the case for pre-existing original art. ++++ If you can afford it, why not? •• Exaggerated prices at one end of the spectrum can "trickle down" and end up destroying an entire hobby. Look what happened to comics. An issue of ACTION COMICS sold at auction, more than thirty years ago, for an inflated price which, largely due to misreporting and misunderstanding of the market, became effectively the "gold standard", and soon inflated prices were appearing on more and more comics, until even RECENT product was being jacked up in price. So far, we have seen only a distant rumbling of this kind of madness in the original art market -- Jim Lee's first issue of X-MEN selling at auction for $40,000, an absurd price, was among the first -- but now we see this. Someone asking $20,000 for a McFarlane SPIDER-MAN page? I've even seen some pretty insane price tags on my own work. It might be easy enough to dismiss this as just being what the buyer can "afford" -- but that PAWN STARS incident illustrates that it soon becomes what the seller is asking. Selling price and asking price are two very different things, but if too many sellers start asking prices only the megarich can afford, the hobby withers and dies.
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