An Art Advisor’s Guide to Collecting Prints
August 4, 2024
Is a Print a Poster?
No, a fine art print is not a poster. Unlike a mass produced poster from a museum gift shop, a fine art print is an original piece of art created by the artist using specific printmaking processes such as etching, lithography, screen printing, woodcut, etc. Printmaking can be an important aspect of an artist’s practice, pushing the limits of their creativity and technique. Artists often produce a limited number of printed copies known as the edition number.
Do Prints Have Less Appreciation Potential than Paintings?
No, prints can often times have a stronger resale market via auction and dealers than unique artworks. The art market data shows that there is consistent growth for the market of prints and multiples. The total number of prints sold via auction in 2023 came in 36.1% higher at 3,447, up from 2,553 in 2022. Additionally, auction sales of Contemporary and Post-War prints generated $31.7 million in 2023, up from $28.1 million in 2022.
Why Prints?
Interested in collecting blue chip artists?
Strong editions by blue chip artists typically have much more accessible price points, while also retaining value and/or appreciating over time.
Investing in these types of prints offers a much lower risk threshold in comparison with acquiring a unique painting by a young artist.
Prints employ a variety of innovative techniques with historical importance.
The process of printmaking is laborious and intricate, often pushing the boundaries of the artist’s practice.
There are dedicated print auctions, and print specialists in every major auction house.
Ready to buy your first print? What are some DOs and DONTs?
Let’s break down the LSSAA metrics for smart collecting when expanding your print collection. Using Julie Mehretu’s Six Bardos: Dream State (2018) from our Mill Valley Project as a prime example, we’ll show you how these metrics can guide your next acquisition:
The value of prints can vary widely depending on the following factors:
1. Artist
The historical and cultural significance of the artist has the most influence on the value of their prints. You can assess this importance by looking at the artist’s CV. Has their work been shown in museums? Have their shows been reviewed by important art critics? Is their work discussed outside of art world circles?
In the artwork above, the artist Julie Mehretu (b.1970) is a renowned contemporary artist and her work has been the subject of major exhibitions at the top international museums including, The Whitney Museum of American Art, Los Angeles County Museum of Art (LACMA), and San Francisco Museum of Modern Art (SFMOMA). Mehretu’s unique market position, bolstered by her critical acclaim and institutional support, makes her prints highly desirable.
2. The Artist’s Resale Market
Julie Mehretu’s Walkers with the Dawn and Morning, 2008 sold for 10.38 million USD setting a new record for Mehretu and for an African artist. Mehretu has undergone a gradual but steady rise in her career.
3. Aesthetic Strength/Wall Power
Is this work compositionally strong?
Does it speak to the artist’s style and practice?
Does it feel coherent with their body of work?
Does this print stand well on its own as a work of art?
Each print in the Six Bardos series reflects the transitional states of consciousness. Mehretu’s intricate interpretation of this Buddhist text is a blueprint for us to explore who we might become through our own spiritual journey. Her dedication to a complex and physically demanding printmaking process complements Mehretu’s career as a “rare example of a contemporary Black female artist who has already entered the canon”. [New York Times].
4. Rarity/Edition Size
Limited edition prints, where the artist produces a set number are more valuable than open editions. These prints are typically numbered and signed, adding to their collectibility.
Julie Mehretu’s Six Bardos is part of a limited edition of 45, with each print being individually numbered and signed by the artist. Editions of these prints are only available through secondary channels such as auctions or private dealers. This limited availability increases the prints' value three to four times the initial price.
5. Condition
Prints that are in excellent condition, with no visible damage and well-preserved paper, command higher prices. Any signs of damage, discoloration, or deterioration due to UV exposure, humidity or mishandling can decrease the value.
We acquired the Six Bardos print directly from the printing press, Gemini G.E.L. This edition had no previous owners and was purchased in mint condition.
6. Quality of Printing
Prints that are made with multiple complicated printing techniques, multiple layers of color, attention to detail, and high-quality materials are more desirable.
The Six Bardos series was created using 18 different colored aquatints, an intaglio printmaking technique which is a variant of etching. This process requires the artist to go through the etching and printing process 18 times, one for each color. Each layer is carefully aligned (registered) to ensure the final image is in harmony. The result is a vibrantly colored and intricate print.
7. Provenance and Historical Significance
A print's historical significance and provenance—its documented history of ownership and origin—are key factors in verifying its authenticity and value.
The Six Bardos series is significant within Mehretu’s body of work, reflecting her ongoing exploration of global history and political themes. The print is included in the collections of the Broad in Los Angeles and Cleveland Museum of Art.
A Short History of Prints
Fine art prints have a rich history that dates back to 2nd century BCE China. Over time, techniques like etching, lithography, and screen printing have added even more depth and variety to this art form. As we explore the fascinating history of prints, you'll learn the processes behind these techniques, discover innovative artists, and understand the latest market trends. You'll gain confidence in buying and enjoying fine art prints, armed with the lingo and knowledge of a seasoned print collector.
If you are interested in collecting prints, contact us at info@lssartadvisory.com.