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Tim, That is assuming every painting sells. I am sure R. Schmid's paintings eventually sell since his work is in demand. But it does not sell at the end of the day he painted it. So yes you can roughly figure a hourly rate but it does not take in to account all the time that goes into their art. But I sure would love to be at the point R. Schmid is in his career. It almost does not matter what he paints now it will still sell. The last time I was on his web site the painting for sale was a small landscape study that probably took him less then 2-3 hours to paint and is was priced at $15,000.
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