Urban Art Association

one of my favorites! wish I could bid

Yup great print.

Probably the most expensive soup can of the series. Last one went for £40K at Christie's in April.

What's the damage on this one? (matted or like really destroyed).

torn, trimmed and heavily scuffed. It's a ruin sadly.

warhol finished at 9.4k hammer...

i thought the Blake srgt peppers finished low, 1.3k....

So I have a follow up question, How do people judge or value prints that are less than mint? I have seen warhol prints that had small tears or small creases but I have no clue how to value them. I don't want to over pay in case I need to sell and raise money down the road.

Any thoughts or a rule of thumb that people go by?

Wouldnt bother me if i bought it right, nail it in a frame and bang it up with the others.

To answer to mmike, you have to see the pieces differently than like a banksy (or any of the contemporary print). You have to think that in the 1960's, they didn't have all the techniques we have to preserve prints (I also think that the prints were cheaper as well...)

I think that most prints are estimated on a basis of a good condition (which means allowing some small scuff, colour loss, a small tear, creasing....).

Afterwards, if there's a major problem like trimming or major scuffs or tears... They will put a lower price (I'm only talking auction house).

On the other hand, if the print is mint as new or in very good condition with no problem. You can expect that buyers will pay way more without having to change the estimate.

By the way, it's really hard to say that the estimate is the value of an item. The choice of the estimate is really important (not talking christie's or sotheby's but every other auction house), too high you gonna scare potential buyers and too low you're sending a message that there is something wrong with an item! (Remember that most buyers are not in the room for the auction).

But yeah, it's totally different. There's a lot of prints that you can't find in really good condition because it wasn't intended to be really cared after.

Another method is to use a grading system (they use it for vintage poster for example) as they use one for vinyl. They then use a table to convert it into value. A bit like what harmy was saying but not sure that 20% is quite fair lol.

But I guess that the first method is mostly used.

I think that you also have to consider in the price where the print is selling...

If you sell at Christie's or Sotheby's for almost any print or painting you'll have an higher price. Except for Warhol, there's one auction house in Italy that sells stuff at an incredible high price (don't know if the game is rigged over there!).

From my experience, Americans are more likely to be more thorough with condition whereas Europeans tend to buy pieces they like no matter what the condition is (to some extent, of course).

Deposit for a paddle? ive never had to do that anywhere!