Digital BW, The Print

Jason,

If ever I get to the point where I can get a thousand dollars for my
prints, I don't know what I'd do.  To get that thousand, a gallery would
have to charge $1600. And then there's the framing and glass charges. 
Since I never will have to worry about that, I don't now worry about it! :).

And how many of us can afford to run off 50 images on large paper for an edition?
Not me!! And what do you do with all the ones that don't sell?

Jerry

> Jerry,
> 
> I basically agree with you, and I certainly don't buy anything for my
> collection that I don't first and foremost truly love. But beyond some
> price point I'm not willing to simply pay whatever the price is for
> something without at least considering whether it is possibly overpriced
> or will potentially lose value. For instance, I once bought a piece at
> auction that I later found out was generally available on the retail
> market for about half of what I wound up paying. At the time, I was
> comfortable that my enjoyment of the piece would be worth the price I
> paid. But it was definitely a bad financial decision, because I could
> never recoup the money I invested if I ever needed to sell the piece for
> whatever reason.
> 
> My point being, even when you're buying something you love, you still
> have to give some consideration to whether you're spending your money
> wisely. Buying into a scheme that has the potential to decrease in value
> under the conditions where it would normally increase (i.e. a
> particularly good piece that winds up becoming popular) doesn't seem
> smart to me. That was the comment I was trying to make about Mark's
> idea. Of course, it's pretty hard to predict what the actual economics
> of Mark's proposal would wind up being. It may be that the popularity of
> a work that would drive Mark to a second or third printing would
> overcome the dilutive effect of introducing more copies onto the market.
> As we all know, the valuation of works of art is pretty much entirely
> subjective.
> 
> (By the way, an interesting book on this topic is "The Worth of Art:
> Pricing the Priceless" by Judith Benhamou-Huet.)
> 
> http://www.amazon.com/exec/obidos/tg/detail/-/2843232848
> 
> -Jason
> 
> -----Original Message-----
> From: glewis4457@... [mailto:glewis4457@...]
> 
> It has always been my understanding that you buy what you like and hope
> for
> appreciation,  It is a bad strategy to try and second guess who will
> become
> popular and appreciate and who will be a dud.  If you buy what you like
> at
> least you will always have a piece of artwork that you like.
> 
> Jerry in Houston
> 
> 
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