Collecting guide: works on paper
Everything you need to know from the expert’s terminology to how to hang, with highlights from our upcoming sales

Romare Bearden (1911-1988), Train Whistle Blues: II, 1964. Acrylic, graphite and printed paper collage on board. 11 x 14⅜ in (27.9 x 36.5 cm). Estimate: $200,000-300,000. Offered in Post-War and Contemporary Day Sale on 20 November 2025 at Christie’s in New York. © 2025 Romare Bearden Foundation / Licensed by VAGA at Artists Rights Society (ARS), NY
What are works on paper?
.jpg?mode=max)
Jacob Lawrence (1917-2000), The Carpenters, 1946. Gouache, watercolour and graphite on paper. 19½ x 25½ in (49.5 x 64.8 cm). Estimate: $700,000-1,000,000. Offered in Post-War and Contemporary Day Sale on 20 November 2025 at Christie’s in New York
.jpg?mode=max)
Ed Ruscha (b. 1937), Adios with Olive, 1969. Pastel and graphite on paper. 11¼ x 14½ in (28.2 x 36.8 cm). Estimate: $250,000-350,000. Offered in Post-War and Contemporary Day Sale on 20 November 2025 at Christie’s in New York
On the other hand, Vija Celmins' photo-realistic paintings and drawings bring a sense of intimacy, allowing the viewer to engage closer to nature, almost as if it is under a magnified glass. While Cy Twombly gives viewers the chance to get a closer, sometimes more explicit, look at the artist’s style and motifs used through his unique masterworks. Conversely, Sam Gilliam's works narrow in to his focus on coloration and form, as key precedents of his most acclaimed series, such as his drape paintings.
.jpg?mode=max)
Richard Diebenkorn (1922-1993), Untitled, 1977. Oil and charcoal on paper. 28⅞ x 23 in (72.9 x 58.4 cm). Estimate: $250,000-350,000. Offered in Post-War and Contemporary Day Sale on 20 November 2025 at Christie’s in New York
Earlier, Pierre-Auguste Renoir, living close to the Louvre as a young boy, studied the works of the Old Masters, which informed some of his early pencil drawings. The spontaneity and mobility of working on paper perfectly suited Edgar Degas, who famously carried pencils and pastels to depict the delicate, fleeting movements of ballet dancers. Fernand Léger apprenticed in an architect’s office before moving to Paris in 1900 to work as a draftsman, which, along with his fascination with machinery born from his experience in World War I, informed his dynamic and graphic works on paper. Marc Chagall explored the simplicity of line drawings in pen as well as the vibrancy of gouache and India ink.
.jpg?mode=max)
Edgar Degas (1834-1917), Arlequin, 1885. Pastel on joined paper laid down on paper. 18⅞ x 28¼ in (47.6 x 72 cm). Estimate: $350,000-550,000. Offered in Impressionist and Modern Works on Paper Sale on 18 November 2025 at Christie’s in New York
Why collect works on paper?
Works on paper are generally an accessibly priced medium, making it perfect for emerging collectors looking to get their feet wet or even for more experienced collectors to expand their holdings of a particular artist. Though typically more accessible than works in other mediums, unique works on paper can manifest at a masterpiece level — estimated in the millions.
Edgar Degas (1834-1917), Danseuses sur la scene, c. 1879. Gouache, watercolor, pastel, pen and black ink, red chalk, charcoal and pencil possibly over lithographic or monotype base on paper. Image: 8½ x 6¼ in (21 x 16 cm). Sheet: 9⅛ x 7¼ in (23.2 x 18.5 cm). Estimate: $600,000-900,000. Offered in Impressionist and Modern Works on Paper Sale on 18 November 2025 at Christie’s in New York
Camille Pissarro (1830-1903), Marché à Pontoise, Boulevard des Fossés, 1881. Gouache on silk laid down on paper. 10 x 7⅞ in (25.2 x 20.2 cm). Estimate: $200,000-300,000. Offered in Impressionist and Modern Works on Paper Sale on 18 November 2025 at Christie’s in New York
Where can I see works on paper in the art world?
You can find them at almost any arts institution, including galleries, museums, and libraries. The Metropolitan Museum of Art and the Museum of Modern Art, both in New York, have departments dedicated to works on paper. The Drawing Center in downtown Manhattan reserves their exhibition space exclusively to the medium. Various museums also have libraries in which you can make appointments to peruse their collections revolving around works on paper such as drawings and prints.
.jpg?mode=max)
Wilfredo Lam (1902-1982), Phénomènie phaline, 1944. Oil and gouache on paper. 37¼ x 29½ in (94.6 x 74.9 cm). Estimate: $250,000-350,000. Offered in Impressionist and Modern Works on Paper Sale on 18 November 2025 at Christie’s in New York
Likewise, many different institutions have dedicated museum exhibitions towards works on paper. It can be useful for collectors to look these up to educate themselves. For example, in Jasper Johns’ show, Mind/Mirror, at the Whitney in 2022 there were 121 works on paper featured. This included lithographs, intaglios, silkscreens, drawings, and other types of prints.
Joan Miro (1893-1983), Sans titre, 1973-1976. Coloured wax crayons and pencil on card. 16⅛ x 19¾ in (40.9 x 50.2 cm). Estimate: $60,000-80,000. Offered in Impressionist and Modern Works on Paper Sale on 18 November 2025 at Christie’s in New York
Arshile Gorky (1904-1948), Untitled, 1946. Graphite and crayon on paper. 19⅛ x 24¾ in (48.6 x 62.9 cm). Estimate: $250,000-350,000. Offered in The Collection of Robert F. and Patricia G. Ross Weis on 17 November 2025 at Christie’s in New York
Where do they originate from?
Paper dates all the way back to AD105 when it was attributed to Cai Lun, the Chinese Court Official. It was first made from the papyrus plant, hence its name, that lives in Egypt and the Mediterranean Sea. After being processed in China during the Eastern Han period (AD25-220), it spread to the Islamic world during the 8th century. However, it did not progress until it migrated to Medieval Europe in the 11th century when they devised the water-powered plant mill. This process not only assisted with the development of languages and cultures but with religion and art itself.
.jpg?mode=max)
Georges Seurat (1859-1891), L'Hôtel des Invalides, vue d'un parapet de la Seine, c. 1881. Black Conté crayon on paper laid down on paper. 12¼ x 9½ in (31.2 x 23.3 cm). Estimate: $700,000-1,000,000. Offered in 20th Century Evening Sale on 17 November 2025 at Christie’s in New York
What terms should I look out for when collecting works on paper?
It can be daunting to begin collecting new medium. Below are some common definitions that will help you get started.
.jpg?mode=max)
František Kupka (1871-1957), Sans titre. Gouache and paper collage on paper. 18⅝ x 19 in (47.5 x 48.2 cm). Estimate: $400,000-600,000. Offered in 20th Century Evening Sale on 17 November 2025 at Christie’s in New York
Artist pinholes: This refers to the tiny pinpricks left on some artworks upon completion, usually at the corners of the paper or centre edges. These are created when an artist chooses to pin a sheet of paper down during production and provide a fascinating insight into an artist’s practice. Artist pinholes are not considered to have a negative effect on an artwork’s overall condition or value.
Backing board: This is a rigid piece of acid-free board that is placed behind the paper to prevent warping or buckling.
Deckled edges: Certain high-quality handmade papers used by artists have a ‘deckled’ or rough edge. Much like artist pinholes, this is not a detail that negatively affects condition or value — many artists prefer to work with deckled-edged sheets. Similarly, perforated edges do not pose an issue to overall condition but are evidence that the artist was using sheets from a bound album or notebook.
Vincent Van Gogh (1853-1890), Visser met een Mand op zijn Rug (Fisherman with Basket on his Back), drawn in the Hague in January-February 1883. Pencil on paper. 18½ x 9⅞ in (46.7 x 25.3 cm). Estimate: $400,000-600,000. Offered in Impressionist and Modern Works on Paper Sale on 18 November 2025 at Christie’s in New York
Remedios Varo (1908-1963), Caballero encantado, 1961. Gouache, watercolour and pen and black and white inks on paper. 19⅝ x 6¼ in (49.9 x 15.9 cm). Estimate: $650,000-850,000. Offered in Impressionist and Modern Works on Paper Sale on 18 November 2025 at Christie’s in New York
Hinging: This refers to how a work on paper is attached to a secondary support like a matte or backing board without harming the artwork. If a work is ‘hinged’ at the upper corners, it can be lifted so that the sheet reverse (the back of the drawing) is visible — much like a door hinge. Works that are described as being mounted along all four edges are pinned down at each corner, meaning that they cannot be lifted from their secondary support.
.jpg?mode=max)
Roy Lichtenstein (1923-1997), Interior (Study), 1989. Coloured pencil and graphite on paper. Image: 5¾ x 9 in (14.6 x 22.9 cm). Sheet: 7½ x 11⅛ in (19.1 x 28.2 cm). Estimate: $80,000-120,000. Offered in Post-War and Contemporary Day Sale on 20 November 2025 at Christie’s in New York
Matting: Today, most secondary supports used for works on paper are acid-free; however, this has not always been the case. Many works on paper have come into contact with acidic cardboard and paper over the course of their history. Prolonged exposure can cause paper to darken. A skilled conservator may be able to improve affected works, depending on the severity of the damage, and the media used.
How do you care for works on paper?
The key to caring for a work on paper is to pay attention to the environment. As paper is sensitive to its surroundings, such as temperature, light, and humidity, it is integral to store it in a dry, temperature-controlled location away from direct sunlight.
.jpg?mode=max)
Paul Klee (1879-1940), Knabenbildnis, 1920. Oil transfer and watercolour on Japan paper laid down on card. 9 x 11¾ in (22.8 x 29.8 cm). Estimate: $500,000-700,000. Offered in The Collection of Robert F. and Patricia G. Ross Weis on 17 November 2025 at Christie’s in New York
Sign up for Going Once, a weekly newsletter delivering our top stories and art market insights to your inbox