Alfred Eisenstaedt – Premier at La Scala @ GALLERY M
2005 saw a classic economic supply and demand scenario come to a head with modern, limited edition LIFE photographs like Alfred Eisenstaedt’s Premier at La Scala. As of today, the limited supply of signed, pristine Eisenstaedts has moved each to a higher price point. That’s right, having a finite supply of signed works actually causes the photograph to increase in value. Vintage prints from the turn of the century to the 50’s typically were not created in this manner. A modern print that was $5000 3 years ago is now $9500. Premier at La Scala is now $28,000 unframed because there are less than 10 from the original edition of 250.