These days newish art can be priced between $10 000 and $25 000. When I tell artists that a new painting by a newish artist should go for around $1 200 they look at me like I'm a flesh-eating virus.
The first novel I wrote was a monster - clocking in at 180 000 words - but it died a death a death it deserved. It was called 'The Gods First Make Mad.' It was a good title but it was the only good thing about the book. I didn't let that put me off.