Tiki Central / Tiki Carving / Tiki's Fair Market Value?
Post #272020 by Aaron's Akua on Tue, Dec 12, 2006 1:12 PM
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Aaron's Akua
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Tue, Dec 12, 2006 1:12 PM
Some of us are hobbyists, others are augmenting their salaries, even a few are full time, making a living off tikis. Obviously, I'm in the former category, and can only daydream about the latter category one day when I retire. You just can't quantify carvings on a $$/foot basis. But it's interesting to apply "The Rule" to your sales after the fact: As an example, I recently sold TWO 16" x 9" dia. tikis to a TC'er as a set for $250 (about $96/foot) - pretty close to "The Rule". Just prior to that I sold ONE 16" x 9" dia tiki to a stranger (not a tikiphile, just someone looking for some "tropical" art) for $250 - so, double the price ($192/foot). Double "The Rule", what a rip-off!!!. "The Rule" just doesn't work because every carving is different, and you gotta price it based on how much you put into it and what seems reasonable to ask for it. I guess one could say, "What's it worth? Whatever you can get.. the Marketplace will dictate." Truth be told, I'll always feel better placing a tiki with some one who really appreciates it, will put it in his/her home or tiki bar, and admire it with friends over rum drinks. That's another factor... Hell, my wife's just thrilled the hobby pays for itself. |