Wednesday, September 28, 2005
à The first major breakthrough in representing the work of the
Artist ß
The Brochure for 30 Giclees, html page
This brochure can be printed in color and folded to make an 8 by 3 1/3 inch folded presentation of Giclees on paper. All of these thirty images are available in an edition of 20 with 2 artist proofs. The total being presented for sale is 660 pieces.
There are 30 images. The direct cost to produce the digital archive is $90 * 30 = $2700. This cost has been paid. The digital archive is backed up on a hard drive and burnt as backup CDs. The Foundation has a total of 83 archived images (with 14 original oils waiting to be scanned.)
We have gone a long way in the past four months.
The Indian Hills Inn has provided to us a room, several acres of land to put our houses and wagons on, and areas to garden.
The sheepherder’s Cabin in the Garden Space
The picture above is of the garden area I have prepared behind the Indian Hills Inn.
The corner of the back part of the Indian Hills Inn property
We also have the room off the lobby and the business space pictured below.
The room just off the lobby of the Indian Hills Inn
The Pruitt Gallery is being developed in the business space pictured below.
These are true assets.
The cost of the production of the 660 Giclee Extensions is estimated to be
26*22*$40 = $22,880
4*22*$28 = $2,464
total $25,344 less 40% if done all at once.
The total retail value of this production is
26*22*$190 = $108,680
4*22*$90 = $7,920
total $116,600
If unsigned.
Signing by the artist adds 30*22*50 = $33,000 to this total retail value.
There are many side benefits to successfully distributing all of these 660 pieces.
1) The Foundation for Creative Extension and Acquisition will be established nicely
2) The location, (Indian Hills Inn) of virtualTaos and or the Pruitt Virtual Museum will be greatly enhanced
3) The artist and the foundation will have income enhancements this year.