Producing original artwork takes time and involves funds! And the artist takes all the risks. He bets on his talent to cover his financial and social investments. Moreover, he is seldom backed up by his entourage!

We know that the risks are taken by only the artist! So the artist looks to be rewarded for his bravery! Unfortunately, his bravery is largely ignored by the buyer, who, with reason, doesn’t want to judge an artwork on “the solitude of the artist” but rather on the international Art Market prices. That situation creates a huge misunderstanding.

The COVID-19 pandemic created the biggest recession in the art market since the 2009 global financial crisis. Unlike that period, virtually all of the mid-sized and larger art markets, including China, experienced a drop in sales values in 2020.

Global sales of art and antiques reached an estimated $50 billion, down 22% compared to 2019.

This was the art market’s second year of declining sales, bringing values down by 25%.

For further information consult the Global Art Market Report – PDF – down bellow!

Consult the Art Basel And UBS Global Art Market Report

Here the international standard canvas sizes: “F” for “Figure”, “P” for “Paysage” and “M” for “Marine”1 point is equal to: “F” (18×14), “P” (18×12), or “M” (18×10) cm.

Example: a “20 F” (or 20 Figure) 72×60 cm, is equal to “20 points”. The value of the “Point” is interconnected with the “selling history”  the “fame” of the artist and, if so, the gallery network.

Understand that: the points value of a famous artist will be higher than the points of an unknown artist.

Makes sense?… If not, download the PDF bellow…

PDF: “Sizes vs Points and Prices”