STUDIO POLICY
ORIGINAL PRINT PUBLICATION INFORMATION
LIMITED EDITION SIGNED NUMBERED SETS
We typically keep the first ten print
editions of each new print release for future sale on the secondary market. This
personal family edition is like an "insurance policy" or plan developed by the
artist to provide a collectible and valuable treasure for future estate benefit.
This was done for my family so that they would still have potential income at
such time as I might ever be unable to create new original or sign and number
reproductions. When an individual decides to commission an original painting,
Starlite, or original published edition from the artist's family they are
provided with a number of options convenient to the commission. Upon completion
of any original work or signed derivative there is documentation to accompany
the original painting. This Certificated statement of original ownership and
Copyright ownership also determines the "Replacement Value" on the date of
original ownership title transfer. This certification is signed by the artist or
designated authority.
OWNERSHIP INFORMATION YOU SHOULD KNOW
FROM OUR PUBLICATIONS
The Broome family has retained all copyrights and reproduction rights on all
family creative property for almost 100 years -- and as a result the historical
value is impressive. We also would hope that you would agree that in the event
of a legal insurable claim where this original art we created for you is ever
damaged or destroyed you would honor our legal rights to entitle us first right
of refusal on accepting a replacement contract for the total amount of the
Replacement Value legally paid an insured. This little known part of our Company
Policy is often ignored and very few people who have insurable losses actually
pay to have our art replaced. This is regarded as insurance fraud. It is quite
easy for the insured to get away with the theft -- however, it is still illegal.
The reason this is mentioned here is that the Replacement Value is actually
quite substantially more expensive than the initial offering price. Once we had
a collector submit two different claims several years apart on the same painting
which he most likely damaged himself. He commissioned me to create a replacement
painting with the proceeds from his first claim -- and later we learned from a
close source to the person who kept the money and refused to pay us for his
replacement painting information that appeared to indicate the individual
pocketed over $4600.00 -- which he then spent on a new car stereo. When the
second claim was submitted a few years later we alerted the insurance company of
the circumstances. We never heard anything back from either individual.
