The Secondary Art Market - Bev Doolittle's Beyond Negotiations Sold Out & The Lunacy of Limited Edition Giclees

Brad Greek, a longtime supporter of my book, consulting and blog recently notified me Bev Doolittle's latest limited edition piece, Beyond Negotiations, was sold out at Greenwich Workshop, her publisher of many years. No surprise in that news really. When I blogged about the work last month, the larger canvas giclee 350 piece edition was already taken. It was only a matter of time before the smaller canvas edition of 3,750 would also be no longer available at the publisher level. Together, the two editions represent $4 million in retail sales for unframed work. (Erratum, the edition of 3,750 was identified on my previous post as being on paper. That is incorrect, it is also a giclee on canvas.)

There may be other artists selling out large editions like Doolittle's, but I doubt any are doing it as quickly as we've seen with Beyond Negotiations, which is her first limited edition published in eight years. Obviously, her fans, collectors and speculators remain enthusiastic about her work. The new piece is already active on the secondary market. The secondary art market and unlimiting giclees are the subject of this post.