Collection Sealed
anybody know anything about collection domaine picasso giclee prints?
I recieved a giclee print that is lead numbered '95/500' and signed 'Collection Domaine Picasso'It has an embossed seal that reads limited edition print collection picasso. Is it really worth 1200.USD? In answer please include your credentials. thank you.
Hi! First, you must understand what 'Giclee' means. It is a computer-generated print that the publisher (manufacturer) may embellish to 'their' advantage to distibute their product: http://painting.about.com/cs/printing/a/gilceeprints_2.htm
Then one should understand what the U.S. standard for fair market value is: "The fair market value is the price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts.[1] "
http://en.wikipedia.org/wiki/Fair_market_value#_note-0
Here is a comparable piece:
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=160147313537&ih=006&category=78724&ssPageName=WDVW&rd=1
See 133 A (This is the realized "fair market price" for a lithograph and not a giclee): http://www.burchardgalleries.com/auctions/2001/sep2301/sep2301r.htm
Then there is "worth," ....to a wholesaler, a retailer, an estate, for insurance, to you? There exist different acceptable valuations for a given entity.
My credentials are unimportant as this information is available in the public domain and can be accessed with ease and documented satisfactorily. I hope this helps!
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