Charlotte Light 's comment on A New Kind of Gallery Relationship

Charlotte Light
via faso.com
I have a friend who was in need on money. A gallery owner agreed to purchase a lot of her work. He felt that the work should be marked down percent75 of retail value. Are there any guidelines as to what a gallery should be willing to pay if they do wish to purchase the art? I never understood where he came up with the percent75 markdown.

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