While I was having a chuckle at Les's quick thinking and whit,
George does raise a valued question 'who is Ray Key'.
Now I know Ray Key as an exceptional turner who is one of the founders of woodturning in the UK, this is how we all know him and I do not think asking the question George has can not be a relevant take on this subject.
If the bowl in question which is beautifully made was made by an unknown turner do you think the price would be a fare one ?
If not what price would you put on it ?
Would your price be the same as someone looking at it in a Chelsea gallery would be willing to pay. ?
Directly related to this do people from differing backgrounds/markets view items the same. ?
For me this raises a lot of often unanswerable questions. One thing though I have learnt from experience is that if I put a price on a piece based on the time taken and material cost then I am greatly underselling my work and the people I am aiming at would not purchase it as it would be seen as cheap, something that has been touch on already in the thread. Surely the creativity, skill and design capabilities which are learn over many years add up to a lot more than just time and materials. ?
Les
Apologies if this is taking your thread in another direction, if you are not happy with this, just let me know and I will delete it but I thought it was valid to ask some of these questions.