This is a thoughtful and well-written piece and should be read carefully. Some thoughts on the previous poster's comments: "...cost based pricing will never work in artwork (for simple reason that one will not be able to calculate the real cost -as the cost of hard material is only a tiny portion)." I'm not entirely sure what is meant here.  If all the factors are included, as stated in this essay, cost-based pricing can definitely get you at least very close to a good selling price.  The main variable amongst different artists is how much to ch