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Banksy Wanted up to £5k Please., by Poppy Sunshine on Oct 11, 2010 16:37:20 GMT 1, I have been entrusted by a family member to invest up to £5k of their hard earned on art.
I suggested that to save a little time it would be easier to narrow down to Banksy only.
Reasons being that Banksy would be pretty easy to get hold of, should be a good investment, and would probably be the easiest artist to sell if their financial position changed and the cash was required again.
So, any suggestions or offers?
Thanks.
I have been entrusted by a family member to invest up to £5k of their hard earned on art.
I suggested that to save a little time it would be easier to narrow down to Banksy only.
Reasons being that Banksy would be pretty easy to get hold of, should be a good investment, and would probably be the easiest artist to sell if their financial position changed and the cash was required again.
So, any suggestions or offers?
Thanks.
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mmmike
Junior Member
Posts • 2,420
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March 2010
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Banksy Wanted up to £5k Please., by mmmike on Oct 11, 2010 17:14:33 GMT 1, My suggestion is don't invest in art. It is a terrible investment. Even worse if you are talking about prints and such rather than "fine art".
My suggestion is don't invest in art. It is a terrible investment. Even worse if you are talking about prints and such rather than "fine art".
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hlarmy
Junior Member
Posts • 3,199
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November 2007
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Banksy Wanted up to £5k Please., by hlarmy on Oct 11, 2010 18:47:07 GMT 1, My suggestion is don't invest in art. It is a terrible investment. Even worse if you are talking about prints and such rather than "fine art". LOL  I've not bought a sinlge print that's worth less than I paid for it, most are worth 3/4 times their initial price. (and only one of those prints is a Banksy, the rest aren't such bankable names.)
I think you're probably in a very small minority there; I've done quite well out of art I have bought, some luck and some good judgement, but have still bought plenty that has decreased in value.
Do you offer an advisory service? 
EDIT: I almost think this deserves it's own thread as it's something that's worth discussing.
My suggestion is don't invest in art. It is a terrible investment. Even worse if you are talking about prints and such rather than "fine art". LOL I've not bought a sinlge print that's worth less than I paid for it, most are worth 3/4 times their initial price. (and only one of those prints is a Banksy, the rest aren't such bankable names.) I think you're probably in a very small minority there; I've done quite well out of art I have bought, some luck and some good judgement, but have still bought plenty that has decreased in value. Do you offer an advisory service? EDIT: I almost think this deserves it's own thread as it's something that's worth discussing. |
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Banksy Wanted up to £5k Please., by Poppy Sunshine on Oct 11, 2010 18:48:43 GMT 1, My suggestion is don't invest in art. It is a terrible investment. Even worse if you are talking about prints and such rather than "fine art".
I did point out the pitfalls but they have been admiring and sharing the pleasure of my art for so long they have come to think that something nice on the wall is the way to go rather than all the other boring and low interest rate potential investments out there right now.
Other suggestions are always welcome though. 
My suggestion is don't invest in art. It is a terrible investment. Even worse if you are talking about prints and such rather than "fine art". I did point out the pitfalls but they have been admiring and sharing the pleasure of my art for so long they have come to think that something nice on the wall is the way to go rather than all the other boring and low interest rate potential investments out there right now. Other suggestions are always welcome though. |
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Pistol
Artist
Junior Member
Posts • 2,094
Likes • 1,758
February 2008
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Banksy Wanted up to £5k Please., by Pistol on Oct 11, 2010 18:52:51 GMT 1, My suggestion is don't invest in art. It is a terrible investment. Even worse if you are talking about prints and such rather than "fine art". I did point out the pitfalls but they have been admiring and sharing the pleasure of my art for so long they have come to think that something nice on the wall is the way to go rather than all the other boring and low interest rate potential investments out there right now. Other suggestions are always welcome though.
Fair play to them! I agree whole heartedly.
My suggestion is don't invest in art. It is a terrible investment. Even worse if you are talking about prints and such rather than "fine art". I did point out the pitfalls but they have been admiring and sharing the pleasure of my art for so long they have come to think that something nice on the wall is the way to go rather than all the other boring and low interest rate potential investments out there right now. Other suggestions are always welcome though. Fair play to them! I agree whole heartedly. |
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Deleted
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January 1970
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Banksy Wanted up to £5k Please., by Deleted on Oct 11, 2010 19:12:51 GMT 1, Do you still own them all? Every sinlge one?
The thread reads 'I have been entrusted'. There's nothing wrong with putting a percentage of any investment pool into art, quite the reverse as a spread of investments is usually recommended.
To buy Banksy, now, could be compared to buying Gold now. A brave investment......
Do you still own them all? Every sinlge one?
The thread reads 'I have been entrusted'. There's nothing wrong with putting a percentage of any investment pool into art, quite the reverse as a spread of investments is usually recommended.
To buy Banksy, now, could be compared to buying Gold now. A brave investment......
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Banksy Wanted up to £5k Please., by Daniel Silk on Oct 11, 2010 19:35:07 GMT 1, I have been entrusted by a family member to invest up to £5k of their hard earned on art. So, any suggestions or offers? Thanks.
Had a similar request from a relative a few years back had 1.5k to play with, and left it totally up to me on the purchases. The collection is now over x20 the original value, so they are pretty pleased I think
I cant think of anything I have ever bought that has gone down in value I'm always very careful as I cant afford to be spending money on things that are over their true value.
Buy what you like and never follow the crowd especially years after the crowd has been and gone.
Good luck!
I have been entrusted by a family member to invest up to £5k of their hard earned on art. So, any suggestions or offers? Thanks. Had a similar request from a relative a few years back had 1.5k to play with, and left it totally up to me on the purchases. The collection is now over x20 the original value, so they are pretty pleased I think I cant think of anything I have ever bought that has gone down in value I'm always very careful as I cant afford to be spending money on things that are over their true value. Buy what you like and never follow the crowd especially years after the crowd has been and gone. Good luck! |
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Banksy Wanted up to £5k Please., by zane on Oct 11, 2010 19:42:05 GMT 1, Is everyone convinced then that with Banksy the only way is up?
I used to think that but the art world is a fickle place. I suppose too much money is invested in him now to go down too much.
To make true money though you need to buy at the bottom. That boat has long sailed with Banksy.
Is everyone convinced then that with Banksy the only way is up?
I used to think that but the art world is a fickle place. I suppose too much money is invested in him now to go down too much.
To make true money though you need to buy at the bottom. That boat has long sailed with Banksy.
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Banksy Wanted up to £5k Please., by Daniel Silk on Oct 11, 2010 19:51:39 GMT 1, Is everyone convinced then that with Banksy the only way is up?
If money is all thats important, then I would say Banksy needs to battle away now to find new customers in order to keep his values level or rising. Are the trips to America, Film, The Simpsons a sign of that? maybe 
Could he have reached the limit of his customer base here in the UK/Europe? How much higher can he really rise in the Art World? thats the BIG question.
Is everyone convinced then that with Banksy the only way is up? If money is all thats important, then I would say Banksy needs to battle away now to find new customers in order to keep his values level or rising. Are the trips to America, Film, The Simpsons a sign of that? maybe Could he have reached the limit of his customer base here in the UK/Europe? How much higher can he really rise in the Art World? thats the BIG question. |
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hlarmy
Junior Member
Posts • 3,199
Likes • 64
November 2007
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Banksy Wanted up to £5k Please., by hlarmy on Oct 11, 2010 19:53:20 GMT 1, Is everyone convinced then that with Banksy the only way is up? I used to think that but the art world is a fickle place. I suppose too much money is invested in him now to go down too much. To make true money though you need to buy at the bottom. That boat has long sailed with Banksy.
1st point = pointless question (no offense ) as everyone has different views
2nd point = I'm not convinced that it won't go down because people have invested in it; I may be wrong but Banksy's longevity is only pretty much guaranteed when the big boys wade in, which is unlikely to happen
3rd point = there's huge scope for price increases in Banksy's if he's accepted by the 'establishment' and is collected by those with the big money
4th point = I may be wrong in everything I've just said
Is everyone convinced then that with Banksy the only way is up? I used to think that but the art world is a fickle place. I suppose too much money is invested in him now to go down too much. To make true money though you need to buy at the bottom. That boat has long sailed with Banksy. 1st point = pointless question (no offense ) as everyone has different views 2nd point = I'm not convinced that it won't go down because people have invested in it; I may be wrong but Banksy's longevity is only pretty much guaranteed when the big boys wade in, which is unlikely to happen 3rd point = there's huge scope for price increases in Banksy's if he's accepted by the 'establishment' and is collected by those with the big money 4th point = I may be wrong in everything I've just said |
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Banksy Wanted up to £5k Please., by manty on Oct 11, 2010 19:55:01 GMT 1, Here we go again
Here we go again
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Banksy Wanted up to £5k Please., by zane on Oct 11, 2010 20:01:00 GMT 1, 4th point = I may be wrong in everything I've just said
;D
Manty the guy asked.
4th point = I may be wrong in everything I've just said ;D Manty the guy asked. |
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Deleted
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January 1970
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Banksy Wanted up to £5k Please., by Deleted on Oct 11, 2010 20:21:00 GMT 1, Banksy's already accepted by the establishment imo.
I'm intrigued as to what Silky bought back in 2007 (a few years) for £1.5K which is now worth £30K ( x 20) ?
Banksy's already accepted by the establishment imo. I'm intrigued as to what Silky bought back in 2007 (a few years) for £1.5K which is now worth £30K ( x 20) ? |
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Banksy Wanted up to £5k Please., by wilfsboy on Oct 11, 2010 20:22:03 GMT 1, Banksy's already accepted by the establishment imo. I'm intrigued as to what Silky bought back in 2007 (a few years) for £1.5K which is now worth £30K ( x 20) ?
lol yeah me too....
Banksy's already accepted by the establishment imo. I'm intrigued as to what Silky bought back in 2007 (a few years) for £1.5K which is now worth £30K ( x 20) ? lol yeah me too.... |
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hops
New Member
Posts • 538
Likes • 154
October 2009
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Banksy Wanted up to £5k Please., by hops on Oct 11, 2010 20:29:11 GMT 1,
I think we are all wondering what Silky got!
;D
I think we are all wondering what Silky got!
;D
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Banksy Wanted up to £5k Please., by Daniel Silk on Oct 11, 2010 23:20:03 GMT 1,
Dont take advice from people who have lists of art for sale at cost, and even less than they paid for it
Dont take advice from people who have lists of art for sale at cost, and even less than they paid for it |
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Banksy Wanted up to £5k Please., by willywonka on Oct 11, 2010 23:24:34 GMT 1, Dont take advice from people who have lists of art for sale at cost, and even less than they paid for it
You used to have a few Silky why not help a forum member out at cost price?
Dont take advice from people who have lists of art for sale at cost, and even less than they paid for it You used to have a few Silky why not help a forum member out at cost price? |
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Banksy Wanted up to £5k Please., by Daniel Silk on Oct 11, 2010 23:36:15 GMT 1, Dont take advice from people who have lists of art for sale at cost, and even less than they paid for it You used to have a few Silky why not help a forum member out at cost price?
;D They are buying for investment, and I should sell them stuff at cost to help them make a profit hmmmmmmm
Dont take advice from people who have lists of art for sale at cost, and even less than they paid for it You used to have a few Silky why not help a forum member out at cost price? ;D They are buying for investment, and I should sell them stuff at cost to help them make a profit hmmmmmmm |
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holden
New Member
Posts • 541
Likes • 29
July 2008
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Banksy Wanted up to £5k Please., by holden on Oct 12, 2010 1:33:21 GMT 1, yeah, but not sure if they come in adult sizes?
yeah, but not sure if they come in adult sizes?
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Ottomatik
Junior Member
Posts • 4,212
Likes • 2,451
March 2009
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Banksy Wanted up to £5k Please., by Ottomatik on Oct 12, 2010 4:29:26 GMT 1, If I had 5K to spend...
I'd purchase 2 Banksy u/s prints.
Queen Vic (1.3k) and Rude Copper (2.5k).
With the other 1.2k, I'd commission a Miss Bugs.
As for future investment, I don't purchase prints for the profit. However, with the Bingo Night show at NIA, I can imagine that Marsea and Amber have great things for MB. They (New Image Art) have done great things for Judith Supine, Faile, and Bast. (to name a few...)
If I had 5K to spend...
I'd purchase 2 Banksy u/s prints.
Queen Vic (1.3k) and Rude Copper (2.5k).
With the other 1.2k, I'd commission a Miss Bugs.
As for future investment, I don't purchase prints for the profit. However, with the Bingo Night show at NIA, I can imagine that Marsea and Amber have great things for MB. They (New Image Art) have done great things for Judith Supine, Faile, and Bast. (to name a few...)
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Deleted
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January 1970
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Banksy Wanted up to £5k Please., by Deleted on Oct 12, 2010 7:17:07 GMT 1, 'I don't purchase prints for the profit.' Righto.
'I don't purchase prints for the profit.' Righto.
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Banksy Wanted up to £5k Please., by howlinhooker on Oct 12, 2010 7:22:37 GMT 1, otto71................where can you get a rude copper for 2.5k ?
otto71................where can you get a rude copper for 2.5k ?
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Banksy Wanted up to £5k Please., by wizzy on Oct 12, 2010 9:07:28 GMT 1, Your WTB thread has become a bit ramshackled PS ha, hope you find something.
Your WTB thread has become a bit ramshackled PS ha, hope you find something.
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Banksy Wanted up to £5k Please., by stevieray101 on Oct 12, 2010 10:23:54 GMT 1, just my 2 cents... (sorry to hijack your thread!)
i'd wait for the next Banksy release, usually the flippers sell them on ebay for about £1k above cost price. so a print that's £450 will sell for about £1550ish maybe more. hold on to that for a year and you could probably sell it on here for about £1900
that's close to a 20% return in purely investment terms, which compared to something like a cash ISA is amazing.
i don't think we'll see the likes of sepia morons selling for £4k on ebay for a while, I might be wrong but there's no info in the market to suggest that. the prices of 2-3 years ago are gone... for now and the credit crunch certainly hasn't helped the art market.
just my 2 cents... (sorry to hijack your thread!)
i'd wait for the next Banksy release, usually the flippers sell them on ebay for about £1k above cost price. so a print that's £450 will sell for about £1550ish maybe more. hold on to that for a year and you could probably sell it on here for about £1900
that's close to a 20% return in purely investment terms, which compared to something like a cash ISA is amazing.
i don't think we'll see the likes of sepia morons selling for £4k on ebay for a while, I might be wrong but there's no info in the market to suggest that. the prices of 2-3 years ago are gone... for now and the credit crunch certainly hasn't helped the art market.
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Banksy Wanted up to £5k Please., by Poppy Sunshine on Oct 12, 2010 10:54:47 GMT 1, Your WTB thread has become a bit ramshackled PS ha, hope you find something.
I'm glad it provoked an interesting little debate wiz and it's always nice to hear different ideas and points of view.
You are right though.........lots of chat but no offers. 
Your WTB thread has become a bit ramshackled PS ha, hope you find something. I'm glad it provoked an interesting little debate wiz and it's always nice to hear different ideas and points of view. You are right though.........lots of chat but no offers. |
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Ottomatik
Junior Member
Posts • 4,212
Likes • 2,451
March 2009
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Banksy Wanted up to £5k Please., by Ottomatik on Oct 12, 2010 13:12:25 GMT 1, 'I don't purchase prints for the profit.' Righto.
Maybe, I should have been more careful with wording.
I guess we ALL think about 'a brave investment' (your quote) of a print when we purchase.
I did purchase a MBW print for $329. A year later sold it for $1.6k, so I stand corrected. In my defense, it helped me purchase 2 Miss Bugs from NIA.
Stalkerstud, you need to get off my arse, I already have a partner.
Seriously dude, I think you have a crush on me, it seems every time I post you feel the necessity to comment in the negative.
It might be easier to get over your crush if you just click on the ignore icon to your left.
I do think you need to simmer down with the hypocrisy.
Unless you sell your prints for original cost, then stop pointing your finger at me. You've sold a Banksy or 2, at cost, right?
Seems you're not invested in your investment either, Banksy has no prints over 9 years old.
----
Poppy, good luck with your purchase! It's always fun to buy other people art!
----
Howlin-I thought someone sold a Rude Copper for around $3K in the last 6 months.
'I don't purchase prints for the profit.' Righto. Maybe, I should have been more careful with wording. I guess we ALL think about 'a brave investment' (your quote) of a print when we purchase. I did purchase a MBW print for $329. A year later sold it for $1.6k, so I stand corrected. In my defense, it helped me purchase 2 Miss Bugs from NIA. Stalkerstud, you need to get off my arse, I already have a partner. Seriously dude, I think you have a crush on me, it seems every time I post you feel the necessity to comment in the negative. It might be easier to get over your crush if you just click on the ignore icon to your left. I do think you need to simmer down with the hypocrisy. Unless you sell your prints for original cost, then stop pointing your finger at me. You've sold a Banksy or 2, at cost, right? Seems you're not invested in your investment either, Banksy has no prints over 9 years old. ---- Poppy, good luck with your purchase! It's always fun to buy other people art! ---- Howlin-I thought someone sold a Rude Copper for around $3K in the last 6 months. |
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Banksy Wanted up to £5k Please., by howlinhooker on Oct 12, 2010 14:35:52 GMT 1, BLOODY GOOD price then otto71 for the rude copper i wanted 1 got offered 1 at 4.5k ...so turned down.... $3k is a bargain i m o
BLOODY GOOD price then otto71 for the rude copper i wanted 1 got offered 1 at 4.5k ...so turned down.... $3k is a bargain i m o
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craigf
Full Member
Posts • 8,557
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May 2007
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Banksy Wanted up to £5k Please., by craigf on Oct 12, 2010 15:07:15 GMT 1, Wish someone would offer me a Rude Copper
Wish someone would offer me a Rude Copper |
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Deleted
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January 1970
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Banksy Wanted up to £5k Please., by Deleted on Oct 12, 2010 17:18:17 GMT 1, I'd like to apologise for my 'stalking' of Otto. For the record, I have no wish to get on his arse (I'm more of a front door man myself, with Mrs Lurkers or one of her mates, not that fussy) so I'll leave that to his partner. I'm so old fashioned and should really live a little.
Once in a while a do sell a print, last one was a WSM which I bought in 2004 and sold for more than £210 (cost). I think the one before that was maybe a star eyes (which I sold for cost...).
I promise not to stalk or point out anyone's disingenuous streak in future.
Just to bury the hatchet, I've given your sales thread a bump, nice Star Eyes by the way.
And, most of all, best of luck in finding some quality art at quality prices PS - I'm sure you'll be super careful in choosing your families bits and bobs.
I'd like to apologise for my 'stalking' of Otto. For the record, I have no wish to get on his arse (I'm more of a front door man myself, with Mrs Lurkers or one of her mates, not that fussy) so I'll leave that to his partner. I'm so old fashioned and should really live a little.
Once in a while a do sell a print, last one was a WSM which I bought in 2004 and sold for more than £210 (cost). I think the one before that was maybe a star eyes (which I sold for cost...).
I promise not to stalk or point out anyone's disingenuous streak in future.
Just to bury the hatchet, I've given your sales thread a bump, nice Star Eyes by the way.
And, most of all, best of luck in finding some quality art at quality prices PS - I'm sure you'll be super careful in choosing your families bits and bobs.
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