Urban Art Association

Prices are very high at this time and difficult to justify relative to blue chip artists, driven largely by huge demand. He's the artist of our generation. I don't see prices going up at anything like the rate they have done in the past (they can't, although to be open I said the same thing this time last year!). They are a very good long investment and although I can see a correction (or at the very least prices stabilising) at some point I do think that as long as he doesn't start selling new editions again, prices in the long term will be higher than where they are now

one thing is for sure, there is not too many prints !!! lol

Further to this i used to always have around 10-15 signed Banksy in stock...now im lucky if i have 2-5 signed prints for sale...not for the lack of trying to buy

The number of Banksy prints available has dried up!
So I think that gives two scenarios -
1. Demand remains high so the values climb higher and higher.
2. People are unable to buy anything Banksy so they switch to other artists, meaning Banksy prices stabilise and maybe even fall, as other Artists grow in popularity.
I think we have had a mixture of the two for the last few years, but I think it might go more towards option two as time goes on. Unless Banksy releases a print.

All the info and evidence in regard to B print pricing can be found within this forum's old threads. Members have always complained that prices were too high even when signed B prints and iconic unsigned B prints could be purchased for less than £5K (and less than that). There are definitely "not too many" B prints as the inventory for same hasn't really changed in approximately a decade. There are even less in "mint" condition. Why do members think Banksy vinyls are selling for £200+? This is a direct result of the fact that there are NOT too many print buying options for those who want one of his images on their wall. End of story.

 Thats provided every print from every edition was actually sold.

 One would have thought that from when the prints were first released, as prices increased that there would have been a lot on the market asking the whatever the high price would be at the time.

   Everyone assumes when the prints and colorways were released that they all sold out completely.

For all we know they could have held back and put in storage a lot of prints.

  Who knows, there could be a lock up in Wandsworth with hundreds of Banksy prints.

Many years ago this could have been said but PC is pretty much bone dry now and that's no guess or assumption. For the most part they solely deal in secondary pieces from their circle of clients now. IMO Banksy is on the edge, actually has already started to cross over, an extremely important transition of drawing significant interest from "blue chip" major buyers and collectors. Sad to say for these collectors it's mostly to do with the price point being high enough for them to consider it significant enough to spark their interest since there is just no inventory for any major players to push it to them, not to mention zero cooperation from Mr B. Form the ones I have seen entering now they also seem to like the fact is says quite a bit for them just to own one. Mostly originals form what I have seen on this level for obvious reasons and I personally know of a top tier collector that now has a massive iconic B OG hanging next to a equally large Richter. That sight alone was quite powerful and I see this trend continuing as well as prices. As I have said before, it's pure math with such a microscopic supply that is constantly shrinking and demand that is exponentially growing. The only reason B prices are not at Koons levels is his legendary restraint and contempt for "the system". Keep in mind he is doing all of this with zero major gallery or institutional backing and zero museum support. The museum support alone is proof positive they are collectively rebelling against an artist who is arguably on of the most significant of our time, yet they will still allocate a football sized room to a huge ball of string for your intellectual pleasure  . Soon this will change as well. How long can the Tate have Banksy non existent from their museums yet have five Banksy books in the front row of all their shops. All that aside, we are witness to a truly historic phenomenon in art history unfolding...And what a show it is!

It is absolutely the case of Banksy prints being overpriced for many, meaning they are turning to other artists. That being said, I don't think the Banksy prices will fall and rise like they have done so in the past, rather they will find a level and stay around that - which i think is happening now. A bit like Warhol prints have reached a price level and don't shift much either way, meaning dealers etc find it hard to buy at a price point in which they can turn a reasonable profit.

Of course, those with Banksy's want as much as possible for their investment, however I think most people are realizing the current value of most prints so sellers are not getting the inflated prices they are asking anyway.

There has been many a rise and fall of 'hyped up' artists on this forum and although I believe the 'current favourites like Invader and Harland Miller will continue to do well, i think they are 'risky' investments at the current prices. Invader's prices has grown too quickly based on hype and despiration to get 'in' and i believe are not sustainable.

I believe HM is also too expensive, prices have got 'high' too quickly. It all seems to have gone mad since 'the case against' - I have a feeling there might be some fire sales in the months / year to come. New releases are now also going to be a lot more expensive, based on hype, and i think there will be many 'squeaky bum' moments when deciding whether to buy a new release as the price will be high. Good luck to all who indulge though, it's a risky market, but an exciting one. For all who have the money to buy for the love of it, irrespective of cost, i believe Harland Miller is a good choice, aesthetically.

I wouldn't dream of buying one at today's prices. As "art" you can get a lot more for a lot less money.
An awful lot of hype and rushing to get on the ladder which will eventually run out of steam.
There are so few Banksy prints on the market that it doesn't take a lot of buyers to keep prices artificially inflated. i honestly think this market is totally false and there are people out there who hoovered up prints when they were a few grand and are now drip feeding them into the market and making a lot of money.
There are an awful lot of financially astute individuals out there who operate in highly regulated markets. Imagine what they could do when allowed to run free in a highly unregulated market such as art!
Good luck to them!