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WHY DOES A LIMITED EDITION PRINT INCREASE IN VALUE?

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WHY DOES A LIMITED EDITION PRINT INCREASE IN VALUE?

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When an edition is published it is described as a “NEW RELEASE” and is offered for sale at the retail price, known as the “ISSUE PRICE”. As prints in the edition are sold and become more scarce, the edition is described as “IN LOW SUPPLY” and collector interest in the print increases. It is important to acquire “Low Supply” prints without delay because so few exist. When all of the pieces in the edition are sold and are no longer available from the publisher, the edition is described as “SOLD OUT”. It is then only possible to obtain the prints through other collectors or galleries that have already stocked them, but rarely for very long. At this point the price of sold out prints frequently increases from the original issue price, due to supply and demand. “SECONDARY MARKET” is a term used to describe the reselling of sought-after prints by collectors and galleries to each other. People wishing to obtain SOLD OUT prints must do so on the Secondary Market often at a higher price. If you

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