Value Is Not a Strategy

NOTE #112. A book that stops existing as a possibility becomes something else. It knows exactly how many copies exist in the world. It knows no more will be made.

Monks in orange robes sit beside the gilded Golden Rock balanced on a cliff edge in Myanmar, in a color photograph by Hiroji Kubota.

ยฉ Hiroji Kubota

Value Is Not a Strategy

There is a difference between a book you can buy at any time and one that exists only for a specific period. It is not a difference of quality. It is a difference of nature.

A book that is always available is a product. It answers a question whenever it is asked. You can wait, postpone, come back when you are ready. Time changes nothing. The object is the same today as it will be in five years. Its existence does not depend on any choice you make now.

A book that stops existing as a possibility becomes something else. Not at the moment you buy it, but at the moment the pre-order closes. From that point on it is no longer an open choice. It is a defined object. It knows exactly how many copies exist in the world. It knows no more will be made. And this, over time, gives it a different weight. Not because it happened to become rare, but because rarity was already in the structure of how it was made.

We do not say this as a commercial strategy. We say it because it is what we have seen happen in almost eight years of working this way. The books and magazines we have published and declared sold out have not disappeared. They have become more present, not less. The people who have them treat them differently from how they treat something they could buy again at any moment. They keep them carefully, show them, lend them with attention. Because they know that copy is one of the few that exist in the world. And that no more will be added.

There is no formula for building value over time. But there is one necessary condition: that the object has a real limit. That the world knows how many copies exist. That no one can add more.

We have worked this way since 2018. Not because it is easier. It is exactly the opposite. We do it because it is the only way we know to make books that last.

Marco Savarese
Editor-in-Chief

ABOUT THE AUTHOR

Marco Savarese

Marco Savarese is Editor-in-Chief at Eyeshot, the independent publisher he founded in Italy in 2018. He spends most of his year reading portfolios, judging the Open Call, and editing the magazine catalogue. The reading desk is open, and he takes one-to-one Professional Reviews from photographers working seriously on long-term projects.

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