Guide to
Collecting Photographs
The
invention of photography in the 1830s opened up new vistas, a new
way of seeing that has forever changed the way we view the world.
In fact, it's difficult for the modern mind to imagine the world before
photography. Without photographic evidence, we're not as willing to
grant the authenticity of an event, person or place.
Together
with the allied fields of film and video, photography has become the
de facto record of our lives. The pervasiveness of photographic images
is matched only by the universality of the act of photographing. Not
everyone paints. Few of us have wielded a sculptor's hammer and chisel.
But almost all of us have taken photographs. Hundreds, if not thousands
of photographs.
The
egalitarian nature of photography helps explains its widespread appeal.
As photographers, we can appreciate great photographs. In fact, many
of the photographers we revere today were self-taught and did their
best work as amateurs. Eugene Atget, for example, labored in obscurity
for decades cataloguing his beloved Paris. His work went largely unnoticed
at the time, but is now considered one of the milestones in the history
of photography.
But
if you've ever become glassy eyed looking at someone else's travel
snapshots, you already know that the mere act of taking a photograph
doesn't qualify as art. What separates the amateur shutterbug from
the artist is not technology-even the weekend hobbyist has access
to much the same hardware as the pros-nor even strictly technique.
It is an artistic vision that crafts images both before and after
the shutter is opened.
The
challenge for the collector is to identify this artistic vision and
separate the truly great (and therefore collectible) artists from
the ordinary. Fortunately, the market has done some of the work for
you. This article will introduce you to the fine art of photography
and how to avoid some of the pitfalls of this fast growing field of
collecting.
A Snapshot
of Photography's Past
Perhaps
more than any other art form, photography's progress parallels with
technological developments. Born during the Industrial Revolution,
photography's evolution was determined as much by technological breakthroughs
as artistic movements.
Throughout
most of the nineteenth century, photographers were hamstrung by expensive,
bulky apparatus and wet-plate film that had to be diligently developed
after each exposure before a new plate could be readied. This helps
explain the overwhelming number of sitting portraits, landscapes and
still lives in early photographs. The camera could capture reality-
- if reality would stand still. It would take the invention of the
dry plate, better lenses and the handheld camera before photographers
could capture action, spontaneity and the candid moment that have
become hallmarks of the medium.
Photography's
development was also hindered by philosophical roadblocks. The uncanny
verisimilitude of photography burdened it with a reputation as a lesser
art -- if it was considered an art at all. It took nearly a century
to shake off the widespread conviction that photography is mere technique
-- that the camera does the work and the photographer merely releases
the shutter.
In
1861, an English critic wrote, "Hitherto photography has been
principally content with representing Truth. Can its sphere not be
enlarged? And may it not aspire to delineate beauty, too?" In
answer to this question, some early artists began to use soft focus
and painterly compositions, often of pastoral subject matter. Calling
themselves pictorialists, these amateur photographers began to lay
claim to photography's status as an art form, holding salons and forming
camera clubs to promote their cause.
At
the same time, it became apparent that photographers with no artistic
aspirations were capable of producing works of enduring beauty and
power. Matthew Brady's images of the American Civil War or Jacob Riis'
muckraking exposure of the slum conditions in New York City showed
clearly that photography could be a force for social change.
By
the turn of the twentieth century, this pure photographic style gained
its artistic credentials. Progressive artists began to sing the praises
of "photographs that look like photographs." The manipulation
of images favored by the pictorialists was rejected in favor of what
was dubbed the "straight style." The straight style's deceptive
simplicity belies the careful composition and eye for pattern, light
and contrast that distinguishes the best work of this genre. In the
hands of a master like Edward Weston or Paul Strand, a photograph
of a cloud or sand dunes becomes a rich canvas full of nuance and
mystery.
The
First World War had a profound impact on art, not least on photography.
In the disillusionment that followed, the old verities were shaken
and artists turned their back on received wisdom. It had been widely
taught, for example, that the camera must always be held horizontal
when taking an image. Now, in a world increasingly off balance, the
viewpoint of the camera shifted radically. This new perspective fit
perfectly with the currents flowing through the art world. Influenced
by cubism, Dadaism and modernism, photographers began using double
exposures, extreme close-ups, photomontage, solarization and other
techniques.
By
the 1930s, photography had firmly established its place in the visual
arts. During the Depression, the U.S. government works programs put
photographers in the field documenting social conditions across the
country. The increasing use of photographs in the media (Life magazine,
for example, was launched in 1936) expanded the role and status of
photojournalism. And, in 1940, the Museum of Modern Art established
a Department of Photography, the first of its kind in any museum.
The
first decades of the twentieth century laid the foundation for much
of what followed in photography. The subject matter may be dated,
but the great photographers of the 1920s or 1940s still look modern
to our 21st-century eyes. Between then and now, photographers have
integrated new technological advances - especially color photography
- and further expanded the notion of what photography can do.
What
is the future of photography? One only has to look at digital imaging
and the use of software in shaping images to see that the art is as
mutable as the images it creates. We've lived with photography for
nearly two centuries
The Collectors
Market
The
history of photography is relatively brief. The history of collecting
photography is even shorter. Until the 1970s, photography collecting
had been the preserve of a small group who recognized the merits of
fine photography and were willing to pay for it. All that changed
in the space of a few years. Thirty years ago, for example, there
were a handful of galleries in the United States devoted to photography.
Today there are more than 500 and the field continues to grow.
The
growth of the fine photography market has been accompanied by a breathtaking
rise in values. In the 1960s, only a handful of photographers could
command respectable prices for their work-and then only from a small
pool of collectors. The explosion of collecting since then has steadily
driven prices skyward.
Enough
time has elapsed since the collectors market took off in the 1970s
for a canon of great artists to emerge. Like the Old Masters of painting,
these acknowledged masters represent a relatively safe (though pricey)
investment. After a terrific run up in the last three decades, these
blue chip artists will probably command steadily higher prices in
years to come.
In
1999, Bonhams & Butterfields established new auction records,
including works by the California modernist Imogene Cunningham. The
gelatin silver print Triangles, 1928, signed and dated with Cunningham's
Mills College label attached brought $222,500. Calla, circa 1925,
sold for a record $167,500.
The
novice collector should not be put off, however, by the high prices
commanded by some works. There are a wealth of opportunities for novice
collectors to purchase works by acknowledged masters and new talent
for a relatively low initial investment.
It's
important to realize that the market for photography is still fluid
and subject to the vagaries of trends and fashion. Older artists are
still being rediscovered while others are undergoing reassessment.
For the novice collector, I advise caution when considering an artist
who peaked in the last three decades. One example of an artist who
may have peaked early is Robert Mapplethorpe. After enjoying a certain
notoriety in the late 1980s and early 1990s for his graphic images,
interest in Mapplethorpe's work seems to be declining. Of course,
it's always difficult to judge the staying power of an artist who's
enjoying a current vogue. But with a reproducible, mutable medium
like photography, there's the added danger with living artists that
they'll fall victim to "Salvador Dali disease" (so-called
because of the famous surrealist's unfortunate decision to spend the
last years of his life flooding the market with signed prints).
The
bottom line is that the market likes older artists whose canon is
complete and whose stature has stood the test of time. This is not
intended to discount the significance of newer artists-both established
names and new artists whose work already commands hefty prices in
galleries around the world. But for the novice collector, reading
the tea leaves and knowing how history will judge these artists is
more difficult than collecting the blue chips of the photography world.
Where to
Start
Chances
are you've already started collecting photographs, even if they're
pages torn from a magazine, a poster of a famous image or photography
books. The leap to collecting begins when you're ready to go beyond
the image to the work itself. The collector of photography is concerned
with three-dimensional works of art.
Painting,
by its nature, creates one-of-a-kind works-you're either lucky enough
to own the original (if it's not already in a museum) or you have
to settle for a print. Photography offers few originals (daguerreotypes
being a notable exception) but nearly every photograph is available
to own-for a price.
Like
all fields of collecting, the cardinal rule is to collect what you
love. But I strongly recommend doing your research, following the
auctions and standing on the sidelines a while before jumping into
the fray. Many collectors begin with a desire to own a famous work
that they've long known and cherished. These iconic images-such as
Weegee's The Critic or Diane Arbus's haunting portrait, Identical
Twins, Roselle, N.J. -- are hotly pursued by collectors. How
to spot an iconic image? One rule of thumb would be if it's widely
available as a poster, it's probably an icon.
Personally,
I don't recommend starting out with a wish list of the 100 most famous
photographs. For one, you'll pay an extraordinary premium to obtain
these icons. But more importantly, the familiarity of the images makes
it more likely that you'll grow tired of them in short order.
I
suggest going beyond the icons and looking at the entire oeuvre of
great photographers. Owning any work by one of the greats, such as
Robert Frank or Edward Weston, has its inherent pleasures--even if
your treasure may not be recognized at first glance by a visitor.
And,
of course, there are thousands of photographers working today whose
work is available at entry-level prices. Collecting the work of a
budding artist is not only a great way to get in on the ground floor
before values take off, it's also a fine investment in the medium
itself.
Another
avenue for the novice collector is to start with photography books.
Monographs have established their own value, especially those printed
in fine or limited editions and signed by the artist.
Finally,
the collector's market today encompasses areas of photography that
were overlooked until very recently. Travel, fashion, industrial,
advertising, news, stock photography - name an area of photography
and you'll probably find somebody collecting it. While the best examples
of work in any genre exhibit a high level of technical and artistic
skill, the anonymity of most works in these fields limits generally
their value. (One notable exception is photographs of celebrities
which have a value all their own, though not necessarily as fine art
photography, and are generally treated as memorabilia by Bonhams &
Butterfields.)
Assessing
Value
You
come across two signed prints for sale. Both are advertised in excellent
condition. Both are the same size. As you look at the images on the
Internet, you can't understand why one is priced at $350 and the other
is $3,500. If you feel compelled to grab the cheaper print before
someone else does, I urge you to wait. There's a good reason that
seemingly identical photographs by the same artist fetch wildly divergent
prices:
In
a moment, I'll discuss familiar factors that affect price-condition,
size, rarity-but first it's vital to understand the fundamental principle
that underpins the photography market. Because photography by its
nature is a medium of multiples, a hierarchy has evolved for ranking
the value of a print. In a nutshell, the closer the print is to the
author's hand in time and space, the greater its value.
Thus,
if you have the good fortune to be offered an Edward Weston photograph
taken in 1924, the first thing you should do is determine when the
print was made. If it was printed and signed by Edward Weston within
approximately five years of the original negative, it's known as a
"vintage print". In most cases, vintage prints have a market
value far greater than prints made later, even if the later print
was signed by the artist and is, to all appearances, an exact duplicate.
So
all images may be created equal, but some images are more equal than
others. The logic behind this system is as much philosophical as it
is practical. A vintage print corresponds closely to our concept of
originality-it has an intrinsic value because of its proximity to
the original event. The closer to the event, collectors believe, the
more likely a print was made in accordance with the artist's original
vision. Conversely, the further away from the event, the more likely
the print was made for commercial reasons, which diminishes its value
to collectors.
An
example illustrates why this system helps clarify the fine photography
market for beginners and experts alike. Moonrise Over Hernandes, N.M.
is one of Ansel Adams' best known images. With over 10,000 prints
of this photograph in circulation, it can't be said to be rare. Still,
examples in excellent condition sell today for between $1,000 and
$20,000.
Why
should one print be worth more than another? Because the market has
decided that a vintage print commands a high premium. And don't assume
that later prints are worth nearly as much. You may come across unscrupulous
dealers selling Moonrise Over Hernandes, N.M. for $7,000 and think
you've stumbled upon a bargain. However, the value of non-vintage
prints drops precipitously, with a print made by the artist late in
life or by the estate worth only a small fraction of a vintage print.
If a vintage print is worth $25,000, a later print signed by the artist
in pristine condition may be worth only a few hundred dollars. If
you can't afford a vintage print and you're determined to own this
work, I recommend saving your money and buying a good-quality poster
instead.
In
addition to assessing a photograph by the above criteria, make sure
you also evaluate for the following: