Vining Gallery · The Invitational

Sell-Through Gauge

Set a painting's dimensions and asking price. This checks that price-per-square-inch against 668 works and 291 sales from six years of the Invitational (2020–2025) to estimate its odds of selling during the show.

A note on pricing

As a rough benchmark, work sells at scale in the Invitational around $4-6 a square inch. Price yours however you want; I'll support it and do my best to sell it.

It's worth keeping in mind that even a 50% shot is actually a good target percentage. Hypothetically if you wene to send three paintings and each had a 33% chance, odds are one sells. This isn't exact science, sales stay unpredictable, but this is how I price my shows to sell through at scale. It is also worth noting, every year, a handful of small works go for $1,000+; those are the exceptions, not the target.

The Painting

in
in
$
Area · Price per sq in 108 in² · $4.17

The Estimate

Borderline
41%

estimated chance this piece sells during the run of the show

0–25% 25–45% 45%+
To move into the green zone at this size, similar pieces have historically priced near $—.

Six Years, Price & Size

  • Sold
  • Not sold
  • This painting

Both axes are log-scaled. The dashed diagonals mark constant price-per-square-inch — every painting along one line carries the same ratio, only larger or smaller.

How this estimate is calculated

Every sale sheet from the Invitational's first six years (2020–2025) was combined into one dataset: artist, size, asking price, and whether the piece sold. Of 688 works with a recorded price, 668 also had usable width and height — that set is what powers this tool.

668works with price & size on record
291sold · a 43.6% base rate
0.69model AUC, cross-validated

A logistic regression was fit on log(price) and log(area) against sold/unsold. Both mattered on their own — a $500 piece and a $500-priced ratio behave differently depending on how large the canvas is — and together they're mathematically equivalent to modeling price-per-square-inch directly, while staying easy to check against real dimensions. Checked in 8 probability bins, the model's predicted rate tracked the actual sold rate closely at every bin, from 17% predicted / 11% actual at the low end to 74% predicted / 74% actual at the high end.

The red / yellow / green cutoffs (25% and 45%) aren't arbitrary — they're where the historical outcomes actually separate. Sorting all 668 works into those same three bands by their predicted odds, the pieces landing in the red band sold 17% of the time, yellow sold 36% of the time, and green sold 58% of the time — a clean split either side of the show's 43.6% overall average.

The "similar pieces" note beneath the estimate is a second, independent check: it searches the 668 real works for ones near this painting's actual size and price-per-inch and reports how often those sold, widening the search only if too few comparables exist nearby.

This is a read on historical pricing patterns, not a guarantee — it has no way to see the painting itself. Subject, quality, framing, an artist's following, and where a piece hangs in the show all move the real odds, sometimes by a lot.

Built from Vining Gallery Invitational sales sheets, 2020–2025. For internal pricing guidance only.