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How many official and unofficial art galleries has London?

How much commission do art galleries charge (New York or London or large market)?

  • I'm curious how much commission galleries charge for art - I'm looking at an oil painting? I will try to go directly to the artist (Working on some common ties now). Is this usually allowed with most gallery agreements? She appears to have a few representatives but has now showed in a couple of museums. She is new but a rising star.

  • Answer:

    A gallery in a large market generally takes a 50% commission on sales. This may not seem fair, but a good gallery does not just "sit there". Galleries invest a huge amount of time and money on artists. The costs for a staff, rent for a space, insurance, promotion, shipping, not to mention the fees for things like art fairs add up very quickly. The key for the artist is finding a gallery that is not only good at selling the work, but also nurtures the artist's long term development.

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Other answers

50 percent is what I've heard (NY) but maybe that was cuz the work is not 'easy' and needs time investment to promote. but to an artist, a great dedicated gallery is well worth it.

dragon

Yeah. 50/50 is the going rate. 50% for the artist who did all the work and 50% for the gallery that just sits there.

BeeezKneeez

Until you get a more precise answer 20-40% of the sale price.

Mike1942f

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