How much should this art cost?: Build Your Own Bangkok

WTF Gallery would like to invite you to participate in ‘How much should this art cost?’ as part the “Build Your Own Bangkok” exhibition, which aims to experiment and test the art market in Thailand and have collectors generate the value of a piece of artwork during a gallery show.

One of the most common issues in mounting an art exhibition by a new or upcoming artist in Thailand is pricing. “Price too high, the art won’t sell. Too low, and it might look cheap and not worth investing in.” In the larger art markets, art auctions are a common tool for the market to decide on the value of artistic creation. 

WTF gallery wants to experiment and see how an auction model can work during a show of an artist who is just defining herself as an upcoming creative force.

WTF gallery and  Kathy MacLeod handpicked the most anticipated and collectable piece in the show to offer at auction throughout the period of the show. By silent bid—yourself at the gallery, via phone or email—we’ll display bids at the gallery and inform bidders as the price increases. By the end of the show, the price will be announced to the public and presented to the highest bidder. It’s you who will tell us how much you’d like to pay for art. Don’t miss out!

 
 
 
 
Chinatown, 2014
Ink and water-colour on paper
75 x 100 cm
 
Current Bid: 15,000 Baht
 
Bidding Period: Thursday 12 March 2015, 1800h (+7 GMT) – Sunday 3 May 2015, 2200h (+7 GMT)
 
If you wish to bid on this art, please email somrak@wtfbangkok.com or call 089 926 5474 and let us know the following:
- Your name & last name
- Phone number
- Bidding price (starts at 15,000 Baht, please bid in increments of 1,000THB)
- You are (you can choose more than one): art collector, first time art buyer, friend & family of the artist and/or gallery or others (please specify).
 
***Please note that your bidding price is excluding 7% VAT.***

 

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