The Fibonacci sequence is my pricing model.
This makes sense from both a practical and a thematic standpoint.
Thematically? The golden ratio. See also, cycloids.
From a practical standpoint, each number in the fibonacci sequence is the sum of the previous two numbers. So 1+2=3, 2+3=5, 3+5=8, then 13, 21, 34, 55, 89, and on from there. The geometric progression in the size of sequential intervals has proven to be a valuable tool in estimating IT and software development projects, because it effectively models growing uncertainty and complexity as the scope of the work increases. If you ask engineers whether a small bit of work will take closer to one hour or two, they can probably tell you. But if you ask whether a larger job will take 17 or 18 hours, they won’t have a solid basis for answering, and any answer they give is likely to be wrong. If however, you ask them whether it would be closer to 13 hours or 21, you will get a higher confidence approximation useful for planning. Purists will point out that ‘hours’ is not the right unit of measure, and that any work item larger than 13 points, or even 8, should be broken down into smaller units, but I’m not providing a primer on Agile methodology. I’m making the point that the same ability to account for complexity and uncertainty that makes the fibonacci sequence effective in project estimation also makes it a fit-for-purpose framework for pricing art.
If a drawing is priced at $89 unmatted, then pricing the matted option at $144, the next number in the sequence, pretty effectively accounts for the additional material, labor, and shipping costs. As the work gets larger, the amount of time necessary to complete it varies across a broader range, the material costs increase, the storage, handling, and shipping becomes more complex, insurance and tax implications come into play. Not to mention commission or consignment considerations, which I’m not thinking about right now because I don’t have any representation. I’d rather not have to try to account for all of this in some bespoke way every time I finish a painting. And I also like having a legitimate answer ready for those who have no idea why a given work of art is priced the way it is.
So, accounting generally for all the contributing factors, my prices for both finished paintings and commissions start at $610 for the three foot squares and go up from there. I am intentionally not posting the prices with the pieces on this site, because I don’t want the first interaction someone has with them to be wholly commoditized.
If you want to make a serious inquiry about a specific piece, send me an email. You’ll get the same price anyone else would. Price isn’t a measure of my feelings for you, but an assurance of stewardship.