I'd use it as an opportunity...
"Do you see how much I have improved? You should have me paint another." Do not act ashamed at all. Make them want another now because they are collectors of yours. They NEED more recent work from the artist since they already invested in one of your earlier works. At the rate your work is improving, this is a great investment...blah...blah.
Just make sure your prices are higher now so they will look at the improvement in quality accordingly.
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Kim
http://kimberlydow.com
"Speak your mind, even if your voice shakes." - Maggie Kuhn
"If you obey all the rules, you'll miss all the fun." - Katherine Hepburn
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