The Intrepid Art Collector

Adventures in the art market.

Sunday, September 16, 2007

Taste Without a Trust Fund -- part 2 (prints)

I know, I know. Some art expert probably told you not to buy prints, because multiples don't appreciate as much as unique works. So what? Personally, I think prints are the BEST thing for a new collector, because they're relatively affordable and easy to resell if your tastes change later on (which they almost always do.) How affordable is "affordable"?

Well, here's something so exciting I almost hate to tell anyone else about it. Jen Bekman's gallery officially launched their 20x200 project, selling original digital prints by good artists for -- wait for it -- $20 each. The so-simple-it's-brilliant idea is that if prints are sold in a large-ish edition (in this case, 200), anyone with a disposable income can afford to buy them. 20x200 has already signed up artists like Brian Ulrich and Whitney Biennial alumna Zoe Strauss. You can sign up to receive email notifications when new prints and photos go on sale.

A few other sites, like Tiny Showcase and BlueFlip, have a similar philosophy. (I especially love the Saurkids prints at BlueFlip). Of course, these cheap prints aren't likely to be investments. That's a lot to ask from a $20 purchase.

If you're looking to Collect Seriously, you can buy handmade prints from an ADAA gallery like Pace Prints, which has a limited section of "Prints under $1,000" on their website. Diane Villani, president of the International Fine Print Dealers Association, also offers prints under $1,000. And if you're willing to consider art made before last Tuesday, check out the IFPDA website -- many members have 19th and 20th century prints at three-figure prices.

[UPDATE] Steve Roach has a great post about print collectors clubs, which I neglected to mention. The Lower East Side Print Shop in particular is a great place to look for new prints. Their "mystery print" program offers collectors a bargain price, with the caveat that you don't know the artist or the image before you buy. I'm too much of a control freak for that, but the program has offered some wonderful (and now costly) prints.

But in my experience, some of the best bargains come from the toniest auction houses. Check out the day sales at Sotheby's and Christie's. Prints by well-known artists often sell for under $1,000, especially when everyone else is there for the big splashy paintings.

(Next month in "Taste Without a Trust Fund," we'll look at the art form formerly known as "craft.")

UPDATE: The 20x200 prints are selling out in the large-format $2,000 price range, while the $20 pieces still have plenty of inventory avaliable. It's exactly the opposite of what I would have predicted. Interesting...


Photos: Top: Jennifer Sanchez print, available from Jen Bekman gallery for $20. Bottom: Lisa Young's stunning and evocative "Canyon of Heroes/Ticker Tape 2001" print available at Pace Prints for $900.

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4 Comments:

Blogger Barney Davey said...

Lisa,
Thanks for the most useful information and links on this post! The 20x200 is a wonderful concept. While I have been advocating for some time that limiting giclee prints is purely a marketing gimmick and ought to be done away with in favor of signed/numbered prints with that are unlimited, I do so with the caveat that having truly limited editions of 100 or less can still make sense. The 20x200 fits that concept because the 200 are such small size and great price. What a bargain? What a great concept? I'll be posting about your blog and the 20x200 gallery on my Art Print Issues blog. All the best,

Barney Davey

12:33 PM  
Blogger Sunil said...

Yes, the 20X200 is a powerful one. I did not believe the price the time I went up there to Jen Bekmans...
Thanks

1:24 PM  
Blogger Tony Heywood said...

This post has been removed by the author.

2:53 AM  
Blogger Tony Heywood said...

Thats a wonderful post and I was full of envy as non of the shops are in the UK. I was thinking of buying some art in order to build the best child trust fund and it must be better than the stock market which is so mental at the moment.

2:56 AM  

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