Art Fair Insiders

Call for Artists, Making Money at Juried Art Fairs, Craft Shows and Festivals

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

Views: 689

Comment by KS Funderburg on October 14, 2011 at 10:23am
Last year a lady came up to me at a holiday art fair and was so excited to have bought one of my pieces at a garage sale. Did not respond as she thought I should have (I guess!) because she came back with the comment that my named art was the lead sale tag in the newspaper ad..."artwork by yada-yada-yada"!! Tears or giggles that it hadn't been thrown away and was thought to be a great sales gimmick...sigh...what do you think?
Comment by KS Funderburg on October 14, 2011 at 10:28am

PS: I know this is not the ssecondary sale that you are talking about...just trying to liven up the day!

Goes back to that thick-skinned artist thing again!!

Comment by Kittie Rue Deemer on October 14, 2011 at 10:39am

KS, I haven't graduated to the garage sale yet, so congrats!!!  She found a treasure in your art in an unexpected place.  People love hunting for treasure.  wahhh-lahhh, you're a treasure!

Comment by Kittie Rue Deemer on October 14, 2011 at 10:41am

Larry, I don't think my work will increase, but I'm treating it as if it will.  AND, I'm working really hard at learning as much as I can so that my work WILL increase in value.  Currently though, I'm working at actually selling some of my work.   Once that starts to happen, then I can spend time on increasing the secondary value....

 

Comment by Linda and Jim Dalton on October 14, 2011 at 10:55am
A few years ago, we gave a nice piece of pottery to friends who were opening an antiques store, for them to raffle off as a door prize. Some months later, we got a nice thank you note from a local charity, thanking us for our donation to their fund raising auction. Whoever had won the piece in the raffle did not care for it, and donated it to their favorite charity. Is that a secondary market?
Comment by Larry Berman on October 14, 2011 at 10:57am
Anytime a piece of art changes hands, it's a secondary market.

Larry Berman
http://BermanGraphics.com
Comment by David S Randall on October 14, 2011 at 11:30am
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.
Comment by KS Funderburg on October 14, 2011 at 11:47am
David- Garage Sale or Death....guess I won this time!!
Comment by Byron and Georgia Knight on October 15, 2011 at 8:16am
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.
Comment by Beth Palser on October 15, 2011 at 4:41pm

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.

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