What to Look for When Collecting Photographs (part I)

"A True Photograph need not be explained, nor can it be contained in words" - Ansel Adams

While this holds true in the visual appreciation of a photo, when purchasing at auction you may want to be a little more loquacious. At a lecture in conjunction with Heritage’s October photography auction in New York City, OTE staff picked up some tips for collecting photographs. Rachel Peart, Heritage Director of Photography and Alice Sachs, the President of Art + Business Partners and an avid collector of photography, stressed a number of elements important for buyers to evaluate, whether purchasing from an auction or private sale.

The market for photography has remained relative stable over the last couple of years and as of June of this year ArtTactic reported the overall confidence in the market increased by 9 percent. Sales at auction have also increased. The Modern Photography market saw a 22 percent increase and the Vintage photography market had a particularly large increase of 125 percent, while the market for Contemporary photography remained the same from 2012 to 2013 (ArtTactic Photography Market Report January 2014). However, it is the Contemporary market that continues to drive sales at the top end. Prices for iconic photographers (i.e. Man Ray and Alfred Stieglitz) can get into the hundreds of thousands of dollars while a large percentage of sales are affordable, under $10,000.

The photography market is a tricky one. Collecting is often motivated by rarity and personal aesthetics, which makes paying attention to a photograph’s catalog description key.  This may seem basic, but interpreting how a photograph’s print date and the print type relate to an artist’s market is more confusing than it looks.  In a typical description of a photographic lot at auction there is the artist’s name followed by the italicized title and a date (in red in the example). This represents the 'negative date' – the date when the photographer took the image. 

Example of a catalog description from the Heritage October 16, 2014 Photographic Auction

Example of a catalog description from the Heritage October 16, 2014 Photographic Auction

Example of a catalog description from the Heritage October 16, 2014 Photographic Auction

Example of a catalog description from the Heritage October 16, 2014 Photographic Auction

The actual date when the photography was printed is usually found either next to or as a part of the type of print (gold star above). For the Bernice Abbott photograph above “Vintage” is the only indication of when the photograph was printed. Some photographs, like the Cindy Sherman photograph on the right, are accompanied by the exact printing date (also in red). The print date informs a collector about how the specific photograph fits into the timeline of an artist’s body of work. The context of a photograph produced significantly later than the negative date is different than one printed close to when the photograph was originally taken and is a variable to be taken into account when purchasing.

Here is a guide to non-specific print date references:

  • Vintage Print: printed within five years of the negative.
  • Early Print: printed within ten years of the negative.
  • Later Print: printed at least ten years after the negative.
  • Modern Print- printed many years after the negative.
  • Posthumous Print: printed after the death of the artist.
  • Contemporary Print: currently being printed.

How much the date of printing matters in the valuation of a photograph depends on the artist. Bill Brandt’s (British, 1904-1983) later prints are darker and are valued differently than his early prints. Some descriptions will specify the person who printed them. If someone other than the artist printed the photograph it can have a strong impact on value; positive or negative, depending on their relationship with the artist. Photographs by Ed Weston (American, 1886-1958) printed by his sons are considered valuable because they were trained by him and followed his methods, but if the photographs were printed by another party this would likely not be the case. The type of photograph (the process used to create the print) is a variable that should not be overlooked.

The most common types of photographs seen at auction are:

  • Gelatin Silver: a black and white print made from 1870s to the 20th century.
  • Chromogenic prints: (also referred to as C-prints) color prints made since 1940.
  • Dye Transfer: color prints made since 1928.
  • Digital prints: (also called Digital Inkjet prints) a printing process developed recently.

In looking at the type of print it is helpful to know an artist’s typical practice. While rarity is often a positive attribute, this is not true in all instances. Ansel Adams is well known for his gelatin silver photographs in black and white and though his color photographs are rarer they are not as well received at auction. Aesthetic considerations aside, successful purchasing decisions are often based on understanding what specifically to pay attention to for an individual artist.

This blog referenced information from:

 

Review of the 2013 AIPAD Photography Show and Affordable Art Fair

What struck me about the most recent AIPAD photography show last week was how black and white it was. I mean that all those oversize contemporary color photos that had so dominated past shows seem to have been kept in the closet this time ‘round. There has been so much to see since then that the illustrated cards I picked up and kept on my desk between then and now may or may not have been what I thought were  the most interesting exhibits or just the ones that offered attractive cards.

The naked Asian lady stretched out on a divan reading a book is a C-print by Gao Yuan from Throckmorton Fine Art, New York. Then there’s a famous photo of Jack Ruby shooting Lee Harvey Oswald on November 24, 1963 at Daniel Blau Gallery, Munich and London.

Staley Wise Gallery in Soho was billing Bert Stern as the “Original Mad Man,” with a snap of the photographer sitting on a sofa next to a posed shot of Marilyn Monroe, hair askew, empty wine bottles and overturned shoes and cigarettes strewn about the floor. A sort of inside joke I suppose, made sad by what we know now.

I know why I picked up the brochure from Scheinbaum & Russek Ltd, Exclusive reps of the Eliot Porter Estate, and that was the Eliot Porter images from the Great Smoky Mountains, Concord River, Massachusetts, and New Hampshire. If you are into color photography Porter says it all.

And then there were the black and white frontal face portraits by John Kenny of African tribal members shown by Capital Culture, London. The intensity of expression in those otherwise still faces is both riveting and just a little scary.

From famous photographers to the unknown emerging artists at the Affordable Art Fair held this year at the Metropolitan Pavilion on West 18th Street. Not much to say about that show since I apparently failed to pick up postcards, or perhaps they weren’t being offered (to cut down costs), but I do remember that that the 2013 version of how to fill the walls of your apartment without robbing your kid’s college fund was a major improvement over the 2012 offerings. The usual “looks just like” and “what’s affordable in this show?” struck me as I wondered through. I kept thinking of how many people want to be artists whether they have significant talent or not, and how easy it is to evade an answer with derivative creations. I was looking for crude but innovative or not-quite-there-but promising. Didn’t find it, but there seemed to be a lot of enthusiasm among the viewers and works to go were being wrapped up, so maybe I’ve seen too much over too many years and see the often dead famous artist in all those emerging artists, or maybe there are just too darn many art shows and we’re all getting tired.