alittle
Junior Member
Posts โข 1,575
Likes โข 1,315
November 2012
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Banksy at Bonhams March 4th, by alittle on Mar 4, 2015 18:56:07 GMT 1, The Parla prices made me wish I registered to bid. Ah well.
The Parla prices made me wish I registered to bid. Ah well.
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Oski
New Member
Posts โข 383
Likes โข 617
December 2014
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Banksy at Bonhams March 4th, by Oski on Mar 4, 2015 19:23:09 GMT 1, I would have been very unhappy with pretty much every result on the urban stuff if I was a seller. They were practically giving the failes away. I think only 2 of the Failes sold. Burning Bright and Falling for Faile. Both for ยฃ1000... pretty good for the buyer, but not outstanding... crap for the seller though! Especially since the seller has to pay:
Seller's Commissions (~15%) = ยฃ150 Loss/Damage Warranty Fee (1.5%) = ยฃ15
So the seller of the Faile for ยฃ1,000 nets ยฃ835, not including any cost of transporting the piece to the auction house.
For the ones that did not sell, the seller still has to pay: Unsold Charge = depends, but is nominal for the cost of photographing, cataloging, marketing Loss/Damage Warranty Fee (1.5% of average high/low est.)
So the unsold has the salt in the wound of transport costs, unsold charge, and warranty fee.
I would have been very unhappy with pretty much every result on the urban stuff if I was a seller. They were practically giving the failes away. I think only 2 of the Failes sold. Burning Bright and Falling for Faile. Both for ยฃ1000... pretty good for the buyer, but not outstanding... crap for the seller though! Especially since the seller has to pay: Seller's Commissions (~15%) = ยฃ150 Loss/Damage Warranty Fee (1.5%) = ยฃ15 So the seller of the Faile for ยฃ1,000 nets ยฃ835, not including any cost of transporting the piece to the auction house. For the ones that did not sell, the seller still has to pay: Unsold Charge = depends, but is nominal for the cost of photographing, cataloging, marketing Loss/Damage Warranty Fee (1.5% of average high/low est.) So the unsold has the salt in the wound of transport costs, unsold charge, and warranty fee.
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proffesser
New Member
Posts โข 591
Likes โข 297
May 2007
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Banksy at Bonhams March 4th, by proffesser on Mar 4, 2015 20:25:09 GMT 1, Was Uzi lovers and angel bombers for both prints? Or just a typo?
Was Uzi lovers and angel bombers for both prints? Or just a typo?
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Matt
Junior Member
Posts โข 2,348
Likes โข 3,436
September 2014
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Banksy at Bonhams March 4th, by Matt on Mar 4, 2015 20:29:48 GMT 1, Site seems to say both Banksys "sold for 8750 inc. premium" or am I reading it wrong ?
Was quite obvious the DFace would not sell at that price.
Site seems to say both Banksys "sold for 8750 inc. premium" or am I reading it wrong ?
Was quite obvious the DFace would not sell at that price.
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Oski
New Member
Posts โข 383
Likes โข 617
December 2014
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Banksy at Bonhams March 4th, by Oski on Mar 4, 2015 20:59:25 GMT 1, Site seems to say both Banksys "sold for 8750 inc. premium" or am I reading it wrong ? Was quite obvious the DFace would not sell at that price. That's what I'm seeing also is that they both achieved the same ยฃ8,750 inc. premium price. To be clear, each was ยฃ8,750 and not price for the pair.
Site seems to say both Banksys "sold for 8750 inc. premium" or am I reading it wrong ? Was quite obvious the DFace would not sell at that price. That's what I'm seeing also is that they both achieved the same ยฃ8,750 inc. premium price. To be clear, each was ยฃ8,750 and not price for the pair.
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Matt
Junior Member
Posts โข 2,348
Likes โข 3,436
September 2014
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Banksy at Bonhams March 4th, by Matt on Mar 4, 2015 21:17:16 GMT 1, If that is the case those are good prices. Next time I get quoted a Sotheby's price I will reply with a Bonhams price :-)
If that is the case those are good prices. Next time I get quoted a Sotheby's price I will reply with a Bonhams price :-)
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Poster Bob
Junior Member
Posts โข 5,810
Likes โข 5,419
September 2013
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Banksy at Bonhams March 4th, by Poster Bob on Mar 5, 2015 8:23:57 GMT 1, I don't think they're particularly good prices but I assume that they reflect the current market. That is, the idea that your prints are worth the same as Lazarides' fluke auction is laughable.
I don't think they're particularly good prices but I assume that they reflect the current market. That is, the idea that your prints are worth the same as Lazarides' fluke auction is laughable.
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Winter
Junior Member
Posts โข 7,139
Likes โข 4,444
March 2007
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Banksy at Bonhams March 4th, by Winter on Mar 5, 2015 18:03:21 GMT 1, The Banksy 'Have a Nice Day' was dedicated '4 Jack' which is never ideal unless your name is Jack. It would definitely affect the price.
The Banksy 'Have a Nice Day' was dedicated '4 Jack' which is never ideal unless your name is Jack. It would definitely affect the price.
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Poster Bob
Junior Member
Posts โข 5,810
Likes โข 5,419
September 2013
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Banksy at Bonhams March 4th, by Poster Bob on Mar 5, 2015 18:07:27 GMT 1, And it's also an AP which theoretically should drive the price higher.
And it's also an AP which theoretically should drive the price higher.
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Winter
Junior Member
Posts โข 7,139
Likes โข 4,444
March 2007
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Banksy at Bonhams March 4th, by Winter on Mar 5, 2015 22:16:18 GMT 1, For me personally as a collector the dedication would put me off even on an AP. If it was an alternative colourway or in some way different that would give me a dilemma!
For me personally as a collector the dedication would put me off even on an AP. If it was an alternative colourway or in some way different that would give me a dilemma!
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alittle
Junior Member
Posts โข 1,575
Likes โข 1,315
November 2012
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Banksy at Bonhams March 4th, by alittle on Mar 6, 2015 0:12:24 GMT 1, For me personally as a collector the dedication would put me off even on an AP. If it was an alternative colourway or in some way different that would give me a dilemma! I'm with you. No interest in owning art specifically labelled as being for someone else. Even if it was my own name, it still wouldn't feel quite right.
For me personally as a collector the dedication would put me off even on an AP. If it was an alternative colourway or in some way different that would give me a dilemma! I'm with you. No interest in owning art specifically labelled as being for someone else. Even if it was my own name, it still wouldn't feel quite right.
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