Buying limited edition prints - what should I know?

[nsa]

I'm thinking about buying a print of this picture:



It's £8,000 for a framed 40"x40" silver gelatin print, one of 50, signed by Terry O'Neill. I've never spent anything like this on a picture before and don't know anything about the print market. I really like the picture and the price seems right for a new 40" Terry O'Neill print bought from a gallery, but overall does this seem fair and are there any other factors I should consider before buying?

What does "One of 50" really mean?

Thanks.

[RobDickinson]

One of 50 means there won't be a 51st. No more prints of that image.

Imo a very artificial way if pandering to galleries and collectors.

But it works, prints have sold for millions.

I could sell you 50 prints for a bit less though

[Simpo Two]

For £8K I'd want the swimming pool level.

Just because you like it enough to spend £8K doesn't guarantee anyone else will if/when you decide to sell it. You might get £5K, or £2K, who knows. But if you like it that much, then have it and enjoy it. After a while the money or value isn't important if you enjoy looking at it every day. That to me is the thing about 'art' - buy it to enjoy not as an investment per se.

[GetCarter]

I have a few, mainly as the originals had been sold or I couldn't afford the £250k!

I certainly wouldn't pay £8k for a limited edition print.

I got this (signed) for £100 as I knew a mate of his - 75 printed. I see they are now for sale at £3,600 (link below)



http://www.jameshartdyke.com/James_Hart_Dyke_offic...

[pilbeam_mp62]

GetCarter said:

I have a few, mainly as the originals had been sold or I couldn't afford the £250k!

I certainly wouldn't pay £8k for a limited edition print.

I got this (signed) for £100 as I knew a mate of his - 75 printed. I see they are now for sale at £3,600 (link below)



http://www.jameshartdyke.com/James_Hart_Dyke_offic...

Is this the same picture at £2,880 ?

http://www.mountstreetgalleries.com/product/waitin...

[GetCarter]

/\ Yep.

[DibblyDobbler]

Simpo Two said:

For £8K I'd want the swimming pool level.

Nice one

[Elderly]

DibblyDobbler said:

Simpo Two said:

For £8K I'd want the swimming pool level.

Nice one

For £8K I'd want the swimming pool .

[GoBig]

nsa said:

I'm thinking about buying a print of this picture:



It's £8,000 for a framed 40"x40" silver gelatin print, one of 50, signed by Terry O'Neill. I've never spent anything like this on a picture before and don't know anything about the print market. I really like the picture and the price seems right for a new 40" Terry O'Neill print bought from a gallery, but overall does this seem fair and are there any other factors I should consider before buying?

What does "One of 50" really mean?

Thanks.

If that's where I think it is, I have swum in that pool.

Surely that will bump the value up?