If you want to make your mark and look distinguishable, a great way is to invest in a limited edition print as a tangible asset.
Limited edition prints are only a select amount of prints produced by an artist. All limited edition prints will have numbers on them to show where they position in the collection. Generally, the smaller the edition, the more expensive and valuable they are than others. Most of the time, their value can stay the same and even increase throughout time.
Learn About the Art Market
When you’re looking to buy a limited edition print, the more you understand about the art market the more you increase your . Take your time researching into investing in limited edition prints. Before you are ready to take the step in investing, consider the following;
- What type of piece are you looking for?
- What is your budget?
- Where will you store the limited edition print?
- Are you planning to sell it?
Once you have a baseline idea, you should conduct some research about the art market. You can do this in the following ways:
View Art By Local Talent
While there are some fantastic renowned artists, there are also some excellent local artists that may not break your bank balance. Attend emerging artists' graduate shows, pop-up exhibitions, and art fairs.
Follow us @smithandpartnergallery on Instagram for regular updates on shows and exhibitions each month
Here you will get to chat first with local artists and learn more about certain pieces of work. Plus, you will have an opportunity to invest before their prices rise!
Conduct Research Offline
You can learn a lot about the art market through the power of your fingertips but equality as much as seeing art in person. Attend exhibits in your area, chat with artists and attend art auctions to get an idea how limited edition prints are often sold and bid for.
Before you make any investment, you may want to seek the help of an art broker. This talented individual holds highly specialised knowledge about artwork, period, and artist. Due to their rich knowledge and relationship with artists in the industry, they can accurately assess the quality and value of the artwork.
Plus, they can provide you with advice on trends, authentication of art, provide art market reports, research art on your behalf and bid on art for you. Art brokers go out of their way to help secure the art that you want. Art brokers are an invaluable asset to help to secure a limited edition print surrounding your needs.
The care you show your print is vital in maintaining it's value and condition. It should be stored in a temperature and humidity-controlled environment to ensure it remains in pristine condition. Prints must be kept out of sunlight, and if the prints are on canvas or are a painting, they have to be stored in a cool, dry place.
If exposed to hot environments, the prints can slacken, stretch, or even become tighter. If any of these happen to a print, it can cause the artwork to crack and flake away. Moreover, humidity can attract mould and mildew to the artwork. To maintain the right climate, you will want to store artwork at a 21-24 degrees Celsius temperature and a humidity level of 40-50%.
Ship Directly To You
Limited edition prints can maintain or rise in value. If you want to invest in a print and sell on again for a profit, it may be a waiting game. One great way of making the most out of a piece of artwork is having it shipped to you directly. That way, you can store it and admire it before selling it again.
Watching The Market
We know it can be time-consuming to learn about the art market and also stay on top of it. An art broker who acts on your behalf will always be up to date on art trends. Therefore keeping your best interests at the top of their priority and they will regularly provide you updates about the market.
Time To Sell
Once your art broker is confident there is a huge opportunity for you to make a profit from your limited edition print, they will contact you and advise you to sell it. An art broker has strong connections and will know the right channel to promote, sell or auction off your artwork.
While there are many art brokers out there, ours have a track record of consistent sales for their clients and securing high profits. Some of our clients have even seen as much as a 64.4% increase in just 12 months.
Whether you’re looking to invest in a limited edition print, connect to an art broker or sell one, enquire with us today.