Is there a secondary market for your artwork?

Is there a secondary market for your artwork?

About ten years ago, my neighbor at Ann Arbor created ceramic houses in great detail. Her work was collectible and there was even a secondary market for her older pieces that had been sold.

From yesterday
  I received a telephone call from someone who found a few of my matted prints in their mother's drawer when she passed away. They wanted to know if the prints had any value.

I received an e-mail about an Allan Teger print. Someone who bought one at an art show years ago wanted to know if it had any value. Don't know why he contacted me though, probably because I built Allan's web site and my name is on it.

On ebay, currently six different photographs come up when searching for Lawrence Berman, my full name that I used to sign my prints with back in the early days. Five that were sold at art shows and one of my early sports pictures of Pelé, the soccer star.

So do you think your work will increase in value in a secondary market?

Larry Berman
http://BermanGraphics.com
412-401-8100
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Larry Berman
<a href="http://BermanGraphics.com">http://BermanGraphics.com</a>
412-401-8100

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Comments

  • A few years back I ran across and ad on Craigs List for a piece of our work sold to a young lady in the mid-west. Seems she was moving and could not bring it along.
  • My teddy bear pictures come up on eBay a lot because of the thousands of prints I sold. But it's my vintage sports prints that I look for all the time.

    In the 70's I submitted a lot of black and white prints to various magazines. Over time they have all gone out of business and their archives auctioned off. Those archives get broken up and auctioned photo by photo on eBay. I end up bidding between $35 and $100 for each of my own prints when they come up. I can scan the print (if I don't have the original film) and then resell it over and over. And there is a major market for vintage prints from that era. I'm collecting as many as I can and will be offering them for sale on the web site with a COA.

    Larry Berman
    http://BermanGraphics.com
    412-401-8100
  • When you started this post Larry, I thought long and hard about it. I, of course, think that the work has found its way to a gallery or has escalated in value so it is worth more than it was sold for. I'm sure most artists who have been doing this for awhile get phone calls when a piece of artwork is found at a garage sale or Salvation Army, or donated to an auction. Friends of ours have had great luck buying back their own paintings on eBay or in "galleries," and then reselling the pieces! Mostly the secondary market we have is people wanting us to buy back the pieces they purchased from us years ago ;)
  • I've had nightmares about my work showing up on dusty old shelves at some army-navy store.  Some of the better ones I would buy back, some I wished never went to market in the first place.  I have a beautiful Ron Myers pot I bought at the Salvation Army Thrift store.  It's one of my favorites!  I salivated over it at the Salvation store and it was indeed saved!
  • Just had a woman come into my booth to tell me she owned one of my pieces.  Just making conversation I asked where she bought it.  She looked a little embarrassed and said she got it at an estate sale.  Said she couldn't afford to get anything from me and somehow knew this piece was going to be available at an estate sale so went early in the morning to be there first and get it.  She was just so thrilled to have it - how can you not be happy about that?
  • A sale is a sale is a sale.

    Bonus, our artwork passing from one loving hand to another. Doesn't get better....

  • Larry, one of my customers bought my watercolor painting 10 years back. They had ran into some financial difficulties and resold the art to a well-known Gallery in Philly. The Gallery called and asked me if I was still in the art business, producing art each year and what was the value of my last work sold. They also wanted to know what the original selling price on that particular piece was 10 years ago and what would I sell a piece of original art today that was similar in size, style and detail. The Gallery did make the purchase from my customer.....never sure for how much.

    As I see it, Art has a market, whether first hand, second hand or 5 generations down the line, there will always be a peson who wants to buy and hopefully All of your art will have increased in value.

  • We did have a lady come into our gallery a few months back and was so happy to meet us because she purchased a "lovely vase" at a "second hand store" as she put it.  She was thrilled so what ever happened to the piece to cause it to show up there, it made her happy and I guess that is what it is all about.
  • David- Garage Sale or Death....guess I won this time!!
  • In my experience the secondary market can be very elusive and a mystery to many.  There are many businesses that specialize in the secondary market of Limited Edition prints.  Buying and selling sold out editions or hard to find print editions.  When an artist passes away his work may jump in value or languish as yesterdays news for a time. It's marketing primarily.
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