WSJ’s David Keeps reports “Jeff Koons’s multiples, in particular, have become trophies. In 1995, the artist released a signed edition of 2,300 porcelain plates and sold them through Los Angeles’s Museum of Contemporary Art for $250 each. On March 1, Los Angeles Modern Auctions expects to fetch between $10,000 and $15,000 for one.”
Though most such items can’t guarantee that return on investment, the cachet of owning a piece by a “big name” artist is enough for some. “Multiples by prominent artists can be thought of as designer [products],” said art adviser Cheryl Perkey. “It’s the same way someone might carry the Hermès handbag seen on the arms of A-list celebrities.”
Read the whole article and check out examples of hot home decor multiples by artists Cindy Sherman, Kara Walker and Damien Hirst in the Wall Street Journal.