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In printmaking, an edition is a number of prints struck from one plate, usually at the same time. This may be a limited edition, with a fixed number of impressions produced on the understanding that no further impressions (copies) will be produced later, or an open edition limited only by the number that can be sold or produced before the plate wears.
However, book collectors generally use the term first edition to mean specifically the first print run of the first edition (aka "first edition, first impression"). Since World War II, books often include a number line (printer's key) that indicates the print run. A "first edition" per se is not a valuable collectible book.
Prints are generally sold as limited editions, with a print being cheaper than a drawing or painting because the artist/gallery makes more money by selling multiples. An artist's proof has special value because of its extra rarity and its possible differences from the "standard" print, factors that are often reflected in its price. [7]
Today large print editions of some current books are published simultaneously with regular print editions by their publishers and usually feature the same full-color jackets and jacket design. Public libraries often have large print sections, and many bookstores carry some large print editions.
This is how the printer's key may appear in the first print run of a book. In this common example numbers are removed with subsequent printings, so if "1" is seen then the book is the first printing of that edition. If it is the second printing then the "1" is removed, meaning that the lowest number seen will be "2". [3]
Gill Saunders and Rosie Miles Prints Now: Directions and Definitions Victoria and Albert Museum (May 1, 2006) ISBN 1-85177-480-7; Antony Griffiths, Prints and Printmaking, British Museum Press, 2nd ed, 1996 ISBN 0-7141-2608-X; Linda Hults The Print in the Western World: An Introductory History. Madison: University of Wisconsin Press, 1996.
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The terms special edition, limited edition, and variants such as deluxe edition, or collector's edition, are used as a marketing incentive for various kinds of products, originally published products related to the arts, such as books, prints, recorded music and films, and video games, but now including clothing, cars, fine wine, and whisky, among other products.