As an art collector, every piece of fine art print in your collection has a sentimental or monetary value. Whether you’re a hobbyist art collector or a profit-oriented collector, limited edition art prints should be part of your collection. In which case, you must know how to buy limited edition art prints.
Here’s what you should know when buying limited edition art prints for sale.
1. The Smaller the Edition, The More Valuable the Artwork
As a rule of thumb, most artists limit their edition sizes to a specific number. Artists keep their limited editions size small because of several reasons. First, there’s the physical limitation of the artist’s technique. Some printmaking techniques, such as serigraphy, are intricate and require an artist to work closely with a master printer. Even so, the original print must be hand-made by the artist. It takes a lot of time for the artist to produce original art prints, be it serigraph art prints, magical realism art, or abstract art prints. For these reasons, the artist is forced to limit the edition size to guarantee quality.
The other reason artists limit their edition size is to control the supply and to retain the value of their fine art prints. When an artist’s limited edition art prints are rare in the market, there will be more demand for the artwork in the industry, and this will increase the value of the art prints. This is a sleek marketing technique that the top artists have successfully applied for decades. That’s why limited edition prints from top artists such as Antonia Guzman, Omar D’León, and Fernando de Szyszlo fetch top dollar in the global art market, whose value was around 64 billion U.S. dollars in 2017. In this regard, you should consider the edition size before you buy limited edition art prints at an art gallery.
2. The Artist’s Work Outside the Art World Influences the Value of Their Limited Edition Prints
The personal contributions and influence of an artist in the art world and outside the art industry contribute to their art works’ value. Some of the painters who made monumental contributions to society include Omar D’León, Paul Hunter, and Gina Pellon. For instance, Omar D’León founded a museum in Managua and mentored other great artists, such as Edward Price. Limited edition fine art prints from a popular painter will have more demand in the market and are worth buying to add to your collection.
3. The Size of a Limited Edition Print Edition Remains Constant
Every piece of artwork in a limited edition print is labeled with a unique number. For instance, if an edition has a total of 10 prints, pieces may be numbered 1/10, 2/10, 3/10, and so forth. This keeps the edition size the same unless the individual artist decides to add to the edition. This helps artists and printers keep track of all of the pieces of a limited edition.
Some artists go as far as documenting all the buyers of the artworks in their limited editions. In doing so, artists preserve the authenticity of their artworks, making it hard for dubious people to make reproductions of the limited edition fine art prints.
Additionally, every piece of a limited edition is identical. Limited edition fine art prints from the top artists may only be distinguished by the edition number because they’re top quality. When selling artworks from a limited edition, art galleries should provide more details of the artist and the print editions. This will help you identify limited editions worth buying so you can make an informed purchase.
Before you buy limited edition art prints, it’s important to consider these factors because they influence the value of the artwork. As an art collector, you should make it a norm to know more about limited edition art prints for sale before adding them to your collection. Also, consider the history, contribution, and influence of individual artists before you buy limited edition art prints.