I received a call to artists to apply for the fall Bayou City Art Festival in Memorial Park. As usual, I read through the list of requirements and regulations. I came to the one requirement that I feared to see at a real classy show such as this…
“Prints exhibited by artists accepted in the graphics/printmaking category must be limited editions and properly signed and numbered.”
To clarify, all photographers are print makers. Therefore, for a photographer to attend the show, they must show only limited editions. I do not have limited editions. Should I convert all of my work to limited editions so I can attend possibly the most lucrative show in Houston (and possibly others)?
After some reading and some contemplating, I have decided that in the long run, it is not in my interest to do so. I can always change my mind and start creating limited editions. But once I create a set of photographs to limited edition, I can never revert them. If I happen to have a best selling image in that set, then I am artificially limiting the profit I can make on it.
Short term gain is that because there are fewer available to purchase and own, I can charge a higher price. Not because it’s a better art piece, but because I have decided to only sell some completely arbitrary number of them.
The pro’s for limited edition:
Higher Prices
Entry into some shows
Ensures that I won’t be creating that print for the rest of my life (or I could just stop creating it without announcing it to the world)
Cons:
Must keep very detailed records of every piece created and every piece sold.
Can only sell a limited number which might hinder long term sales.
Would either have to convert my current collection to limited edition and count the ones I’ve already sold in that edition but not have them numbered, or apply it only to new works.
I’ll admit it, even as a prospective art buyer, there is something attractive about owning a numbered limited edition, so I can respect the reasoning behind being able to charge more. But I suspect that most of my customers, at least at this point, are purchasing my work because they find it pleasing to look at, not because of it’s rarity. I mean, technically, the pieces that I haven’t sold yet are technically one of a kind, although not limited. But that doesn’t make them more valuable. I would argue that makes them less valuable.
An excellent example: Abbie and I were at a small market on Saturday which I was scoping out because they require limited editions. I wanted to see what I was missing out on. Fortunately, it was a disappointing market and I’m not missing out on anything. However, one of the photographers there had his limited editions hanging and all but one of them were marked 1/250. The most attractive one was 3/250. How did this affect my view of this artist? I felt like his work was not desireable. I knew that either this was his first day, or noone was buying.
To be fair, my booth wouldn’t be much different. I haven’t sold more than single digits of any and maybe half of them are still on #1. I don’t want people to walk into my booth and see a bunch of 1’s, 2’s, and 3’s and get the impression that my work isn’t desireable. That’s a number’s game. The number becomes more meaningful than the art.
But I’m giving up some higher classed shows. I’ve come to terms with that. Fortunately, the Bayou City fest is the only show that I’m being restricted from based upon my marketing decisions. It’s disappointing really. The largest art market in Houston (that I am aware of) is discriminating against print makers based upon a marketing decision and not on their skill as an artist.
However, I am strongly considering converting my current work to numbered open editions. This will be beneficial to my customers because they will have an identifiably unique piece that doesn’t cost any extra. The downside is that I will need to re-work my labels and the pieces that I have already sold will be counted, but un-numbered. It will also be more work for me to keep track of the numbering. I think my labels need to be re-designed anyway to include more information for the customer, and it wouldn’t be much more work to add a unique number to each.
I expect I will soon be converting my entire collection to numbered open editions, but, to me, creating limited editions of digital prints just to be allowed into a show is the wrong decision.