lobster
New Member
Posts โข 575
Likes โข 184
December 2008
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SIGNED BANKSY 'LOVE RAT' BONHAMS 16/12/16, by lobster on Dec 16, 2016 12:49:23 GMT 1, Fair to say prices " softening " a touch with the last few auctions ??
Would have 100% expected this to fetch more - as would everyone else by the looks of it ??
Fair to say prices " softening " a touch with the last few auctions ??
Would have 100% expected this to fetch more - as would everyone else by the looks of it ??
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Eton Groover
New Member
Posts โข 952
Likes โข 985
February 2008
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SIGNED BANKSY 'LOVE RAT' BONHAMS 16/12/16, by Eton Groover on Dec 16, 2016 12:58:15 GMT 1, There are two pricing bands for Banksy
UAA Hypers prices
Real prices
There are two pricing bands for Banksy
UAA Hypers prices
Real prices
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Nick Flatt
Artist
New Member
Posts โข 44
Likes โข 87
September 2016
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SIGNED BANKSY 'LOVE RAT' BONHAMS 16/12/16, by Nick Flatt on Dec 16, 2016 13:03:27 GMT 1, winner winner chicken dinner
winner winner chicken dinner |
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Poster Bob
Junior Member
Posts โข 5,803
Likes โข 5,418
September 2013
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SIGNED BANKSY 'LOVE RAT' BONHAMS 16/12/16, by Poster Bob on Dec 16, 2016 19:46:56 GMT 1, Fair to say prices " softening " a touch with the last few auctions ?? Would have 100% expected this to fetch more - as would everyone else by the looks of it ??
Fair to say prices " softening " a touch with the last few auctions ?? Would have 100% expected this to fetch more - as would everyone else by the looks of it ?? People consistently ignore the seasonality of auction prices. |
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WOOF
Junior Member
Posts โข 4,457
Likes โข 4,753
March 2014
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SIGNED BANKSY 'LOVE RAT' BONHAMS 16/12/16, by WOOF on Dec 16, 2016 20:53:26 GMT 1, Fair to say prices " softening " a touch with the last few auctions ?? Would have 100% expected this to fetch more - as would everyone else by the looks of it ?? People consistently ignore the seasonality of auction prices.
People also consistently try to pan auctions results that disagree with the status quo of an artist's perceived value. It goes both ways.
Fair to say prices " softening " a touch with the last few auctions ?? Would have 100% expected this to fetch more - as would everyone else by the looks of it ?? People consistently ignore the seasonality of auction prices. People also consistently try to pan auctions results that disagree with the status quo of an artist's perceived value. It goes both ways. |
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Boyle44
New Member
Posts โข 815
Likes โข 288
February 2014
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SIGNED BANKSY 'LOVE RAT' BONHAMS 16/12/16, by Boyle44 on Dec 17, 2016 21:35:32 GMT 1, Seems cheap considering someone asking 30 for a Nola with tape marks on back . What was condition like on the rat ?
Seems cheap considering someone asking 30 for a Nola with tape marks on back . What was condition like on the rat ?
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andyroo0312
Junior Member
Posts โข 2,174
Likes โข 1,675
July 2011
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SIGNED BANKSY 'LOVE RAT' BONHAMS 16/12/16, by andyroo0312 on Dec 18, 2016 9:46:31 GMT 1, Seems cheap considering someone asking 30 for a Nola with tape marks on back . What was condition like on the rat ?
Seems cheap considering someone asking 30 for a Nola with tape marks on back . What was condition like on the rat ? The rat was in good shape apparently, well fed and not harbouring any contagious diseases.. |
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djvlnt
New Member
Posts โข 612
Likes โข 497
April 2008
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SIGNED BANKSY 'LOVE RAT' BONHAMS 16/12/16, by djvlnt on Dec 18, 2016 14:05:56 GMT 1, Seems cheap considering someone asking 30 for a Nola with tape marks on back . What was condition like on the rat ?
I know that people do, but honestly why do anyone care if there are tape marks on it's back?
Seems cheap considering someone asking 30 for a Nola with tape marks on back . What was condition like on the rat ? I know that people do, but honestly why do anyone care if there are tape marks on it's back? |
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Poster Bob
Junior Member
Posts โข 5,803
Likes โข 5,418
September 2013
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SIGNED BANKSY 'LOVE RAT' BONHAMS 16/12/16, by Poster Bob on Dec 18, 2016 17:57:59 GMT 1, Seems cheap considering someone asking 30 for a Nola with tape marks on back . What was condition like on the rat ?
Seems cheap considering someone asking 30 for a Nola with tape marks on back . What was condition like on the rat ? Excellent. It needed pressing and had a bit of extra ink from screening. It went for what it did because of the standard temporal variations in pricing. |
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Poster Bob
Junior Member
Posts โข 5,803
Likes โข 5,418
September 2013
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SIGNED BANKSY 'LOVE RAT' BONHAMS 16/12/16, by Poster Bob on Dec 18, 2016 18:00:24 GMT 1, Seems cheap considering someone asking 30 for a Nola with tape marks on back . What was condition like on the rat ? I know that people do, but honestly why do anyone care if there are tape marks on it's back?
Seems cheap considering someone asking 30 for a Nola with tape marks on back . What was condition like on the rat ? I know that people do, but honestly why do anyone care if there are tape marks on it's back? Novices are the worst to deal with when selling works. If you go to a dealer who has been in business for 10+ years they don't care, if you try to sell on the forum to someone they will fucking shit themselves and tell you it is worthless. |
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djvlnt
New Member
Posts โข 612
Likes โข 497
April 2008
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SIGNED BANKSY 'LOVE RAT' BONHAMS 16/12/16, by djvlnt on Dec 18, 2016 19:44:04 GMT 1, I know that people do, but honestly why do anyone care if there are tape marks on it's back? Novices are the worst to deal with when selling works. If you go to a dealer who has been in business for 10+ years they don't care, if you try to sell on the forum to someone they will fuckings**t themselves and tell you it is worthless.ย
Spot on.
I know that people do, but honestly why do anyone care if there are tape marks on it's back? Novices are the worst to deal with when selling works. If you go to a dealer who has been in business for 10+ years they don't care, if you try to sell on the forum to someone they will fuckings**t themselves and tell you it is worthless.ย Spot on. |
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daveart
New Member
Posts โข 940
Likes โข 879
February 2008
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SIGNED BANKSY 'LOVE RAT' BONHAMS 16/12/16, by daveart on Dec 19, 2016 19:27:15 GMT 1, I have asked a number of gallery people this question. Is an auction price a wholesale or a retail price.
Every gallery person I have asked has basically said they believe Most auctions are dominated money wise by institutional buying and that makes auctions more of a wholesale price. So expect that this is a good buyers price and this piece will be for sale in a gallery near you at 150% of the auction price .
Curious if others have thoughts on this
I have asked a number of gallery people this question. Is an auction price a wholesale or a retail price.
Every gallery person I have asked has basically said they believe Most auctions are dominated money wise by institutional buying and that makes auctions more of a wholesale price. So expect that this is a good buyers price and this piece will be for sale in a gallery near you at 150% of the auction price .
Curious if others have thoughts on this
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barsukauk
New Member
Posts โข 713
Likes โข 129
May 2010
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SIGNED BANKSY 'LOVE RAT' BONHAMS 16/12/16, by barsukauk on Dec 19, 2016 21:15:42 GMT 1, Sold for 15000
Commission 4500
artist rights 600
Total 20100
Where is the 600 AR go if not claiming to be Banksy?
Sold for 15000
Commission 4500
artist rights 600
Total 20100
Where is the 600 AR go if not claiming to be Banksy?
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Poster Bob
Junior Member
Posts โข 5,803
Likes โข 5,418
September 2013
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SIGNED BANKSY 'LOVE RAT' BONHAMS 16/12/16, by Poster Bob on Dec 20, 2016 12:14:40 GMT 1, I view auction prices in this way, it is the price a gallery or dealer was willing to pay in order to sell it on immediately to a client for an acceptable profit.
I have asked a number of gallery people this question. Is an auction price a wholesale or a retail price. Every gallery person I have asked has basically said they believe Most auctions are dominated money wise by institutional buying and that makes auctions more of a wholesale price. So expect that this is a good buyers price and this piece will be for sale in a gallery near you at 150% of the auction price . Curious if others have thoughts on this
I view auction prices in this way, it is the price a gallery or dealer was willing to pay in order to sell it on immediately to a client for an acceptable profit. I have asked a number of gallery people this question. Is an auction price a wholesale or a retail price. Every gallery person I have asked has basically said they believe Most auctions are dominated money wise by institutional buying and that makes auctions more of a wholesale price. So expect that this is a good buyers price and this piece will be for sale in a gallery near you at 150% of the auction price . Curious if others have thoughts on this |
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