US print prices

I am slowly building up a portfolio of portraits and one of my subjects has said he wants to buy two extra

prints for his children. He has expressly said he wants to pay my 'full professional rate", but in the UK I

would sell a picture for about GBP100 and I think to ask US$200 would be over the top.

 

The subject is a close colleague of my sister in the states and I don't want to ask a price that would shock,

but enough that it isn't giving them away so he will feel happy that I am not underselling myself. I

understand that photography is well valued in USA but am a bit lost as to what to ask.

 

I was thinking US$ 50 per print - but some people are advising me to double that.

 

Any thoughts ?

 

RX

Size would be a square print on 8x10 or slightly larger paper.

I read that you should figure the amount of money you have in a print and double it and go from there. I see hundreds of prints/posters at the hobby shop that sell for $7.95 and then there is "moonrise over Rio" (I think that was the name)by Ansel Adams that a thousand prints were made and they sold for over $50,000 a piece. Figure whats it worth to you and sell it for that.