Building a Collection: Start with Editions

By: Yvonne Monestier

Editions, which includes prints and multiples, are still viewed in some quarters as a kind of stepping stone towards gaining access to the ‘art world’ and collecting the more traditional types of mediums. However, we are finding that tastes and collecting patterns are evolving in such a way that the prints and photography market is finally getting the attention it deserves. New collectors in particular are doing their research and finding that limited edition prints are a worthy investment.

What is an Edition?

An edition is part of a set of original works of art intended for graphic reproduction and produced by or under the supervision of the artist who designed it. These are images or casts that are produced in multiples. Examples of editions include printmaking techniques like etchings and lithographs, fine art photography prints, bronze castings, ceramics, etc. Each work in the edition has unique qualities and can vary slightly because each one is created individually.

Limited Edition Prints

Limited edition prints are distinct works often made with, but not limited to, steel-plated copper-plates. The image is then transferred to paper using ink, repeated in a quantity determined by the artist for a specific edition. The edition size is typically restricted to a one-time print run that is rarely ever increased. Limited editions are often numbered and signed by the artist themselves, making them original works and adding to their overall value over time. Assuming that the edition size is set at a manageable number (typically under 200), the artist is involved in the production and approval of each individual work. In order to restrict the edition size, the printer or the artist will often destroy the plates or photographic negatives. The odd time that a limited edition is extended past its first edition, the subsequent editions will be less valuable as they are farther from the original intent of the work by the artist or artist studio.

Lot 43 – Lucian Freud, GIRL WITH FUZZY HAIR, 2004 [FIGURA, 63] Etching on Sommerset White paper; signed with initials “L.F” and numbered 17/46 in pencil to margin. The total edition includes 12 artist’s proofs. Printed by Studio Prints. Published by Acquavella LLC, New York.
Printmaking

The Met describes printmaking as “an artistic process based on the principle of transferring images from a matrix onto another surface, most often paper or fabric. Traditional printmaking techniques include woodcut, etching, engraving, and lithography, while modern artists have expanded available techniques to include screenprinting.” Read more.

Printers Proof

Apart from the edition size listed, you might also see a reference marked “AP” (artist’s proof) or “PP” (printer’s proof). These are often colour proofs or trial proofs that are used by the artist or printer to test different elements of the work. APs and PPs can prove to be more desirable and valuable if they vary in some way from the rest of the edition as they provide insight into the creative process. An AP or PP on the market is rare as they typically comprise less than 10% of the edition size.

The Importance of Condition

Condition is another valuable attribute to keep in mind when you’re considering adding to your collection. All works on paper are fragile living and breathing things and should be handled with great care. Ideally, prints and photography should be surrounded by acid free materials when handled and should be suspended with museum corner mounts when framed. Investing in proper framing and handling of the work is just as important as the overall purchase itself and will most definitely impact long-term value.

 

 

We welcome you to explore the online gallery for our final Prints and Photography auction of 2020, and invite you to make an appointment to view works in person or via a video call. We’re always happy to take a work out of its frame for you and give you a closer look.

We look forward to sharing our passion for prints and photography with you!

ABOUT THE AUCTION

This auction is offered online from November 14 – 19.

Previews are available by appointment only. All health and safety protocols are observed.

Contact us to find out more about Prints and Photography at Waddington’s. We also invite you to browse our upcoming auctions.

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