Cheap and not cheerful:
From yesterday’s Scotsman newspaper: “Arts Council data shows the average price for a contemporary painting bought in London in 2002 was £382, a sculpture was £293 and a limited edition print was £163. Outside London, the prices were between 14 per cent and 63 per cent cheaper.” It seems worse than I had thought. Even if we assume that works are purchased direct from the artist, instead of via a commission-chomping gallerist, these are still pitiful prices. How on earth are the majority of artists even covering their materials/tools costs?