Gallery Pricing Question
Gallery Pricing Question
Just curious . I contacted Guy Hepner Gallery yesterday about a Shepard Flag they had more out of pricing curiousity. They showed two different colors on the website , the reply was one had sold and the website had not been updated the other available for 49,950.00 I was told these are HPMs it can't be possible they sold one flag for 50k can it? I have inquired to them about other things in the past and do find them to be on the high side but I was thinking high side would be 14 to 16 not 50. Any feedback
Re: Gallery Pricing Question
I think gallery six eighteen had one for 25K . www.gallery618.com
but maybe int not the same thing. Mayday Flag HPM Collage
http://www.gallery618.com/artists/faire ... PM-Tan.php
v
but maybe int not the same thing. Mayday Flag HPM Collage
http://www.gallery618.com/artists/faire ... PM-Tan.php
v
Re: Gallery Pricing Question
$50 is absurd, but I know of several flag sales in the $17-$25K range, so 14 to 16 would be a little low.
FWIW, Hepner also likes to show pics of the canvases when selling their $50K paper HPMs.
FWIW, Hepner also likes to show pics of the canvases when selling their $50K paper HPMs.
- pennylesspig
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Re: Gallery Pricing Question
$50k for a canvas makes more sense than $50k for a HPM.
Re: Gallery Pricing Question
I agree regarding the pricing from Hepner however they show two on thier website and when I inquired they informed me one was recently sold , I know they have deep pocket clients but 2 times the going rate seems crazy. I figured 14 to 15 was a fair market price but it also seems I valued mine on the low end of things which is good to know.
Re: Gallery Pricing Question
Sounds like they have a really high markup. AFAIK up to 60% is not unusual, even a 100% markup is not unheard of.
Re: Gallery Pricing Question
a friend inquired about some pieces they had available and was shocked at the pricing as much as I was
HPM POWer edt. of 10 $48,500 (40X60)
HPM Target Man $28,500 (40x30)
Kiss me Deadly HPM Metal (40X30) 25,500
and one flag left still for 44,950.00
All seems rather very very high
HPM POWer edt. of 10 $48,500 (40X60)
HPM Target Man $28,500 (40x30)
Kiss me Deadly HPM Metal (40X30) 25,500
and one flag left still for 44,950.00
All seems rather very very high