by Garrick Saito, President, Respree.com
We get many requests from collectors and owners of older art prints asking us what their print is worth.
Generally speaking, there are two types of art prints; Open Edition and Limited Edition.
Open Edition means that when inventory runs out, the art publisher simply prints more. These types of prints generally fall in the $20 to $40 price range and do not have any significant appreciable value.
Limited Edition prints, as the name implies, are limited in the number of pieces that are printed. It is simply a marketing decision that the artist and publisher have jointly made. While it is basically ink on paper, like an Open Edition print, the prices of these Limited Edition prints can vary, but typically range in the $200 and $1,000 price range (although some can go up to $5,000).
What's my print worth?
Unfortunately, we do not offer any appraisal services at this time, but we are happy to provide information that may assist you in determining what your art print is worth. The simple answer is that your print is worth what the market is willing to pay.
Assuming that you have a Limited Edition print, you may want to jump on an auction site like Ebay.com or Amazon.com Auctions to see if other private sellers are selling their copy. That should give you a rough idea of what your print is worth. If you are lucky enough to find a private seller, you should check to see if anyone is bidding on this item. If you see bidding activity, this will give you an indication whether the seller has set his/her auction price within the scope of what the market is willing to pay (and if there is any demand for this print). No bids may indicate that the seller has priced his/her item too high or there are no buyers interested. Be patient and keep in mind that there are 'not' a lot of these items for sale, so its a good idea to check back on the auction sites from time to time if you can't it on your first try.
There are a number of ways you can go about getting your piece appraised. I highly recommend making your first stop the local art museum to ask for their recommendation for a reputable appraiser. If you don't have an art museum in your town, there are other options:
What's It Worth to You.com offers online appraisals based on information you submit to them for $8.95, and return a digital apparaisal certificate. After the online appraisal, the service will provide you with a list of appraisers in your area if you desire a physical appraisal (which is required to guarantee an appraisal's accuracy).
[ http://www.whatsitworthtoyou.com/ ]
One of the appraisers affiliated with that site, Dr. Darragh Elliott, has his own appraisal service as well. He specializes in European art, and posesses remarkable credentials. You can get a free temporary appraisal quotation here:
[ http://www.fineartappraiser.com/orderform.htm ]
Art Services 2000 is an accredited member of the International Society of Appraisers:
Fine Art AppraisalsArt Services 2000 Ltd. Co.New Smyrna Beach, FL 32170Phone: 386.428.2980Fax: 386.428.2980
[ http://www.artservices2000.com/appraisals2.html ]
If you require an appraisal for income tax purposes (donations to non-profit organizations and estate taxes), you can also contact the Art Dealers Association of America to get matched up with a reputable art appraiser in your area:
Donna CarlsonArt Dealers Association of America575 Madison AvenueNew York, NY 10022Phone: 212.940.8590Fax: 212.940.6484E-mail: adaa@artdealers.org
[ http://www.artdealers.org/appraisals.html ]
...and the more famous choices:
Sotheby's[ http://www.sothebys.com/services/appraisals/ ]
Christie's Estates & Appraisals20 Rockefeller PlazaNew York, NY 10020E-mail: info@christies.com
[ http://www.christies.com/appraisals_valuation/overview.asp ]
I hope this information helps you.
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