A Seller’s Guide To Roy Lichtenstein
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Key Takeaways
Roy Lichtenstein's Pop prints have seen considerable appreciation in value, particularly those featuring women, comic book imagery, and the Ben-Day dot technique. High-value prints like Vicki! I -- I Thought I Heard Your Voice (1964) and Water Lily Pond With Reflections (1992) illustrate particularly strong market demand. Provenance and authentication are crucial, with resources like the Roy Lichtenstein Foundation and the Lichtenstein catalogue raisonné essential for verifying authenticity. The market for Lichtenstein's prints peaks around major exhibitions, such as the 2012-2013 retrospective at the Art Institute of Chicago and Tate Modern, and significant sales events like Steven Cohen's acquisition of Masterpiece in 2017. Ensuring your print is in pristine condition, particularly avoiding common issues like trimming margins or paper darkening, will help maintain its value for sale.
Roy Lichtenstein was a key figure in the rise of Pop Art, fascinated by mechanical reproduction demonstrating how printmaking could mimic industrial production in fine art. Lichtenstein said, “I wanted my prints to be very simple and mechanical... In the prints, you can achieve that sense of perfection.” This seller's guide will help you navigate the process of selling a Lichtenstein print, ensuring you sell at the right time and achieve the best price.
What Is Your Roy Lichtenstein Print Worth?
Lichtenstein's prints have experienced substantial appreciation over the years, underscoring their appeal and significance within the Pop Art movement. Lichtenstein employed a variety of printing techniques including screenprinting, lithography, woodcut, etching, and collage, and he printed his editions on diverse mediums such as enamel, metal, and paper. Editions printed on enamel and metal generally hold higher market value.
For instance, Vicki! I -- I Thought I Heard Your Voice (1964), an edition of eight printed on porcelain enamel/steel, sold for £5.8 million in 2019, making it Lichtenstein's highest-selling print. Another notable example is Water Lily Pond with Reflections (1992), a screenprint on stainless steel, which is an edition of 23. This piece achieved £1.5 million at Sotheby's in May 2023.
While Lichtenstein experimented with ambitious printing techniques on unique mediums, the highest valued works in his print market owe their market success not only to the materials used but also to the imagery depicted. Prints featuring women, comic book strip imagery, and the Ben-Day dot technique are particularly sought after. These elements contribute significantly to the increasing appreciation of his works over time.
What are Roy Lichtenstein collectors looking for?
In terms of market value, collectors usually look for trending series. The Nudes series is among the highest-valued in the current market landscape. For example, Nude With Blue Hair (1994), a relief engraving on paper, has shown significant appreciation. This rare work sold for £393,373 in 2019 and reappeared in 2023, nearly doubling in value and achieving £612,472. Currently, this work is valued between £430,000 to £650,000 by MyArtBroker's MyPortfolio, demonstrating the strong market demand and value growth for Lichtenstein's most iconic subjects.
Apart from Lichtenstein's Nudes, other popular collections offer varied price points. The Interior series is another significant collection. Referencing empty interiors and urban isolation, this series also prominently features the Ben-Day dot technique. The value of works in this series is more varied and can range from £20,000 to £160,000 for different prints within the collection. The highest-selling print from this series is Living Room (1990), which achieved £152,430 at Christie's in October 2022.
Unique to Lichtenstein's print market is that complete sets are not as prolific as seen with some other artists. Instead, individual prints hold more value. The most common complete set to appear on the secondary market is Bulls (1945-1946), which recently sold at Sotheby's in 2023 for £102,539. Individual prints from this series are typically valued at £20,000 and below, illustrating the varied investment potential and value within Lichtenstein's print market.
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How To Prove Your Roy Lichtenstein Print Is Real
The Roy Lichtenstein Foundation
Authenticating a Lichtenstein print requires thorough research and verification from authoritative sources to ensure the authenticity of your print. The Roy Lichtenstein Foundation, established in 1998, played a crucial role in authenticating his works. Until 2011, the Foundation provided Certificates of Authenticity (COA) for Lichtenstein prints. However, like many pop artists foundations, due to the overwhelming number of requests and litigation complexities involved in the authentication process, the Foundation ceased issuing COAs. The Foundation now focuses on research, scholarship, and preserving Lichtenstein’s legacy.
Roy Lichtenstein Catalogue Raisonné
One of the most important resources for verifying Lichtenstein’s prints is the catalogue raisonné. The Prints of Roy Lichtenstein: A Catalogue Raisonné 1948-1993, compiled by Mary Lee Corlett and published in 2002, offers a comprehensive listing of all known works, including detailed descriptions, provenance, and images of Lichtenstein's artworks. This catalogue is accessible in many major libraries.
Additionally, Lichtenstein's print catalogue is available online through the Foundation, closely following the structure of the printed version. The Foundation also offers a digital archive of over 5,000 works, including paintings, drawings, sculptures, and collages, which serves as an invaluable resource for sellers and collectors of Lichtenstein prints. If you are looking to sell your Lichtenstein print, cross-referencing it with this catalogue is crucial for confirming its authenticity.
Publications and Documentation
Lichtenstein collaborated with prominent print publishers such as Gemini G.E.L., Tyler Graphics, and Leo Castelli Gallery. These publishers often provided essential documentation, including edition numbers and print types, aiding in authentication. For example, prints published by Gemini G.E.L. will have blindstamps and ink stamps on the reverse, which should match the specifics listed in the catalogue raisonné.
Prints produced by Leo Castelli Gallery, Lichtenstein's exclusive dealer in the 1960s, add another layer of complexity. Castelli often printed exhibition posters and sold them to cover exhibition costs. According to author and pop art authenticator Richard Polsky, these were initially printed in editions of 300-350, but more were often printed to cover additional costs, making the exact edition size unknown. While Lichtenstein signed most of these, unsigned ones still hold some value. Authenticating those without a signature requires special knowledge of the paper used and other printing techniques available during that period.
Documentation, including signature, edition number, and date markings, is also crucial for verifying authenticity as forgeries have been an issue with these markings. Lichtenstein typically numbered, signed, and dated his prints in the lower right-hand margin, as seen in Nude Reading (1994). However, the exact position can vary between prints. For instance, Reverie (1965) features Lichtenstein's signature in the lower right margin and the numbering in the lower left margin.
Verifying a Lichtenstein print involves meticulous cross-referencing with the catalogue raisonné, checking provenance, and ensuring the piece aligns with documentation from original publishers. Consulting professionals is always recommended.
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Looking To Authenticate Your Lichtenstein Print?
Author and Pop art expert Richard Polsky shares his insights on authenticating Roy Lichtenstein prints in an in-depth article.
How To Care For Your Roy Lichtenstein Print
To maintain the value of your Lichtenstein print, it is essential to protect it from damage caused by light, moisture, careless handling, or crowded storage. If displaying your Lichtenstein print, ensure it is framed under UV-protective glass and kept away from direct sunlight. If placing in storage, keep the print flat in a dark, temperature controlled room to prevent damage.
A common mistake among new collectors is trimming the margins of a print to fit a frame. When selling your print, any trimming can be detected and will immediately reduce its value. Be vigilant for any signs of aging, such as paper darkening, which is common in Lichtenstein’s work. If your print has tears, stains, discolouration, or other damage, it is advisable to contact a professional restorer to help return it to its original condition before selling.
If you are uncertain about the condition of your print, MyArtBroker can provide guidance and has the network to connect you with a reputable conservation specialist. Attempting to restore the print yourself can often lead to further damage, so professional help is crucial. For additional information, refer to our guide on restoring and caring for modern and contemporary prints.
When To Sell Your Roy Lichtenstein Print
Selling a Lichtenstein print at the right time is crucial for maximising its value. The art market is influenced by broader economic conditions, significant art events, and media coverage, which can all impact the desirability and price of Lichtenstein’s works.
Impact of Major Exhibitions
Exhibitions play a significant role in boosting the market value of an artist's work and can indicate favourable times to sell. For instance, the 2012-2013 retrospective Roy Lichtenstein: A Retrospective at the Art Institute of Chicago and Tate Modern in London reignited interest in his works, leading to increased auction prices and setting several records during this period. Notable sales included: Sleeping Girl (1964) selling for £27.7 million in 2012, and Woman with Flowered Hat (1963) selling for £36.7 million in 2013. Read further for a detailed list of Lichtenstein's highest valued artworks at auction.
Impact of Private Sales
Outside of public auction sales, private transactions can significantly impact an artist's market value as well. In June 2017, it was reported that billionaire investor and art collector Steven Cohen paid $165 million for Lichtenstein's 1962 painting, Masterpiece. This acquisition marked one of the most expensive pieces on record at that time and underscored the peak interest and high valuation of Lichtenstein's work during that period. Consequently, Lichtenstein's print market experienced consecutive growth in sales value and lots sold in the following years. It reached a peak in 2019 with a hammer sales value of £9.4 million from 249 lots sold. This trend underscores the sustained and growing demand for Lichtenstein's art among private collectors and the appeal of private sales.
Media Coverage and Cultural Moments
Media coverage and cultural relevance also affect the timing of sales. For instance, Lichtenstein's works often gain media attention during significant anniversaries of his birth or death, as well as during major art market reports that highlight trends and record sales.
The inclusion of Lichtenstein's works in pop culture references, documentaries, and scholarly articles can significantly spur interest and drive up prices. A notable recent event occurred in June 2023, when the Roy Lichtenstein Foundation announced the donation of hundreds of artworks to museums in the lead-up to his centennial anniversary in October 2023. This gesture has generated considerable excitement in the art community, further elevating the value and market of Lichtenstein's works.
How To Sell Your Roy Lichtenstein Print
When deciding to sell your Lichtenstein print, there are various avenues to explore, including auction houses, private sales, and online platforms. Each option has distinct advantages that cater to different market aspects.
Selling a Roy Lichtenstein Print Via Auction House
Auction houses are a popular choice due to their expertise and extensive market base, which can provide accurate valuations and attract the right buyers. The competitive nature of auctions can drive up the value of your work beyond estimates, potentially resulting in a healthy return. However, auction sales come with drawbacks such as high fees (often exceeding 25% for marketing, storage, condition checks, and seller commissions) and strict schedules. Auction houses may also limit the number of prints by the same artist in a single sale, possibly causing delays and affecting liquidity. Additionally, there's always the risk that your artwork may not sell, which can impact its value and the artist's market. For more detailed insights, refer to our Auction vs. Private Sale Guide.
Selling a Roy Lichtenstein Print Privately Via Dealer
An alternative to public auction sales is selling via the private market. One option is a private dealer who can provide a more personalised experience and guide you through the valuation process. Many dealers have extensive art market or auction house experience and a client base that can attract buyers for your print. It's crucial to choose a reputable dealer with expertise in the Lichtenstein market to achieve optimal results. Note that dealers also have their own set of fees.
Alternatively, online platforms like MyArtBroker offer a modern approach. With advancements in online and art technology and an increasing interest in online sales, many sellers are turning to the convenience of digital platforms. MyArtBroker provides a personalised experience along with art tech tools that enhance transparency and help you understand the nuances of the art market. MyArtBroker's Trading Floor directly reflects demand and connects sellers with buyers interested in specific prints. Contact one of our sales experts to explore our network and trading options further.
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Why Sell Your Roy Lichtenstein Print With MyArtBroker
A Dedicated Expert
Opting to sell your Lichtenstein print with MyArtBroker provides several distinct advantages. Our platform ensures a tailored experience, addressing your specific needs and goals throughout the selling process. Our team of specialists offers complimentary, no-obligation valuations, providing you with an accurate understanding of your print's market value. With extensive expertise in Lichtenstein's works and the art market, we deliver precise and insightful assessments.
Minimise Risk
At MyArtBroker, we emphasise unparalleled transparency and security in the sale of your artwork. Our live Trading Floor offers real-time market data and insights, keeping you informed about current trends and conditions. Our comprehensive due diligence process ensures the authentication and provenance of your piece, minimising the risks associated with counterfeit trading. Additionally, we leverage our internal expertise and collaborate with trusted external partners to further mitigate these risks. We also address the uncertainties of public auction sales, such as unsold items that can impact value and the artist's market, by facilitating private sales that offer faster liquidity outside of auction seasons.
0% Seller’s Fees, 100% of the Time
We stand out from traditional auction houses and private dealers by charging no seller fees, ensuring you retain the maximum amount from your sale. Our approach, combined with targeted marketing strategies, enhances your selling experience. Specialising in rare and special edition prints, we cater to both seasoned collectors and newcomers. We offer complimentary valuations and prioritise digital innovation and targeted marketing through our network and in-house magazine.
Extensive Network
Our extensive network of over 30,000 collectors actively looking to buy and sell prints allows us to quickly connect your Lichtenstein print with interested and serious buyers, maximising your chances of achieving a favourable sale.
Roy Lichtenstein Collection Management with MyPortfolio
Advanced Collection Management
MyArtBroker's MyPortfolio is a comprehensive tool designed to assist collectors in managing and monitoring their Lichtenstein prints and editions while tracking their current values. This feature provides access to our extensive print market database, encompassing over 50,000 auction histories from global auction houses, integrated with our proprietary algorithm, SingularityX. This advanced algorithm analyses public auction and private sales data to deliver real-time valuations for individual prints, considering factors such as condition, colour, and other variables influencing value. Financial Quant expert Stuart Jamieson elaborates on the functionality of these algorithms in an interview.
Smart Art Technology
Navigating today's dynamic digital art market requires sophisticated art technology tools utilised by collectors and industry professionals alike. By incorporating Lichtenstein prints into the MyPortfolio dashboard, users can monitor unique sales opportunities and track market performance in real time, simplifying the sales process. Our cutting-edge technology has revolutionised art portfolio management, enhancing accessibility and providing data-driven insights for informed decision-making.
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What Is the Value of My Lichtenstein Print?
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