Question: Maybe you can help me understand why one print could be $95k and another could be $2k—is it all rarity? —Luke P.
Response: Supply certainly influences demand, but it is not the only factor. A print’s price is also determined by the demand for that particular print, the richness of the impression (of the inked plate, block, or stone on the paper), the condition of the print, the size of the print, its colorfulness, and the presence of a signature. The demand for a given print is largely determined by the quality of the design, but is also subject to other prevailing preferences in the marketplace. For example, in Picasso prints, female portraiture generally commands a higher price than battle scenes. -Kobi