Deleted
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January 1970
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POW Releases - How to put flippers off, by Deleted on Dec 17, 2010 22:29:53 GMT 1, How much for a commissioned OG?
How much for a commissioned OG?
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POW Releases - How to put flippers off, by Brushstrokes 75 on Dec 17, 2010 22:32:24 GMT 1, How much for a commissioned OG?
if you don't know it means you can't afford it! ;D ;D ;D
How much for a commissioned OG? if you don't know it means you can't afford it! ;D ;D ;D
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Deleted
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January 1970
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POW Releases - How to put flippers off, by Deleted on Dec 17, 2010 22:39:40 GMT 1, I can afford it but prefer to choose the wife and kids (well, the kids...)
I guess my point is drop ยฃ200K on a print release, maintain the momentum and sell a few originals and hey presto!!
I can afford it but prefer to choose the wife and kids (well, the kids...)
I guess my point is drop ยฃ200K on a print release, maintain the momentum and sell a few originals and hey presto!!
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POW Releases - How to put flippers off, by Brushstrokes 75 on Dec 17, 2010 23:01:58 GMT 1, I can afford it but prefer to choose the wife and kids (well, the kids...) I guess my point is drop ยฃ200K on a print release, maintain the momentum and sell a few originals and hey presto!!
It was obviously a joke! I obviously don't know your financial means! I know I can't afford to buy a commissioned Banksy! But yeah you're right, the print release keep people hanging and make people talk about him!
I can afford it but prefer to choose the wife and kids (well, the kids...) I guess my point is drop ยฃ200K on a print release, maintain the momentum and sell a few originals and hey presto!! It was obviously a joke! I obviously don't know your financial means! I know I can't afford to buy a commissioned Banksy! But yeah you're right, the print release keep people hanging and make people talk about him!
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POW Releases - How to put flippers off, by rottenredrooster on Dec 17, 2010 23:14:35 GMT 1, The most logical way is introducing a rule of thumb to print releases. When people queue, POW hand out tickets, when they suspect a group of people who you can basically tell that are flippers then don't issue them with a ticket. I don't mean randomly chucking people out of the queue but if they more or less have suspicions about certain people then don't sell them the print.
Of course where ever there is money to be made people are going to take advantage and there's no way of completely stopping it.
The proposal for an unlimited screenprint is pointless in my opinion, Banksy might as well upload a high quality image to his website and then allow people to print it off.
The most logical way is introducing a rule of thumb to print releases. When people queue, POW hand out tickets, when they suspect a group of people who you can basically tell that are flippers then don't issue them with a ticket. I don't mean randomly chucking people out of the queue but if they more or less have suspicions about certain people then don't sell them the print.
Of course where ever there is money to be made people are going to take advantage and there's no way of completely stopping it.
The proposal for an unlimited screenprint is pointless in my opinion, Banksy might as well upload a high quality image to his website and then allow people to print it off.
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anodyne13
New Member
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April 2008
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POW Releases - How to put flippers off, by anodyne13 on Dec 18, 2010 0:21:21 GMT 1, Just sell the prints at market prices. Done and done.
Just sell the prints at market prices. Done and done.
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POW Releases - How to put flippers off, by Jeezuz Jones Snr on Dec 18, 2010 0:34:51 GMT 1, I would guess 90% of people on this forum have bought a print which has sold out and sold it shortly after to make profit??
I would guess 90% of people on this forum have bought a print which has sold out and sold it shortly after to make profit??
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POW Releases - How to put flippers off, by Coach on Dec 18, 2010 0:40:06 GMT 1, I would guess 90% of people on this forum have bought a print which has sold out and sold it shortly after to make profit??
I might be corrected, but I dont think I have ever sold a piece of art within 2 (maybe a year, but I think 2) years of having bought it, and I have only ever sold art on this forum, never on ebay. Buy art you love.
I would guess 90% of people on this forum have bought a print which has sold out and sold it shortly after to make profit?? I might be corrected, but I dont think I have ever sold a piece of art within 2 (maybe a year, but I think 2) years of having bought it, and I have only ever sold art on this forum, never on ebay. Buy art you love.
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anodyne13
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April 2008
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POW Releases - How to put flippers off, by anodyne13 on Dec 18, 2010 0:59:46 GMT 1, Just sell the prints for market price. Problem solved, but I'm guessing that wouldn't be a popular solution.
Just sell the prints for market price. Problem solved, but I'm guessing that wouldn't be a popular solution.
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Lunch Special
Junior Member
Posts โข 1,408
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October 2010
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POW Releases - How to put flippers off, by Lunch Special on Dec 18, 2010 1:23:27 GMT 1, Just sell the prints for market price. Problem solved, but I'm guessing that wouldn't be a popular solution.
And how do you suppose you determine a fair market value before it hits the open market?
Just sell the prints for market price. Problem solved, but I'm guessing that wouldn't be a popular solution. And how do you suppose you determine a fair market value before it hits the open market?
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anodyne13
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Posts โข 432
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April 2008
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POW Releases - How to put flippers off, by anodyne13 on Dec 18, 2010 5:15:26 GMT 1, Just sell the prints for market price. Problem solved, but I'm guessing that wouldn't be a popular solution. And how do you suppose you determine a fair market value before it hits the open market?
I know how you dont do it...price them at their current levels. It not an exact science obviously, but I'd say start at ยฃ2000 and then go from there.
Just sell the prints for market price. Problem solved, but I'm guessing that wouldn't be a popular solution. And how do you suppose you determine a fair market value before it hits the open market? I know how you dont do it...price them at their current levels. It not an exact science obviously, but I'd say start at ยฃ2000 and then go from there.
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POW Releases - How to put flippers off, by joeschmo on Dec 18, 2010 9:43:50 GMT 1, What ever happened to affordable art?
What ever happened to affordable art?
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Poppy Sunshine
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January 2008
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POW Releases - How to put flippers off, by Poppy Sunshine on Dec 18, 2010 9:55:40 GMT 1, Auction them all off. Big auction house, ebay or otherwise.
Best price for the print, most money going to charity, no flippers, no frostbite and no punch ups.
Auction them all off. Big auction house, ebay or otherwise.
Best price for the print, most money going to charity, no flippers, no frostbite and no punch ups.
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jakek
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June 2008
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POW Releases - How to put flippers off, by jakek on Dec 18, 2010 10:48:46 GMT 1, Auction them all off. Big auction house, ebay or otherwise. Best price for the print, most money going to charity, no flippers, no frostbite and no punch ups.
I'd been thinking about suggesting this but i couldn't think of a wat of making it work.
POW teaming up with ebay seems like a corporate step too far for Banksy (maybe just ethically, but commercially it seems a perfect place for banksy prints).
If POW were to drip feed an edition on to ebay then it would find it's own value, and as they're on ebay anyway, and the next drip will be along any minutes (maybe have 10 at a time, and list the next 10 just before the previous 10 finish) then buyers will always have the choice to buy directly from POW (witha percentage of the money going to charity as per previous releases) then the secondary market on ebay will vanish which is the main place that all of the prints bought to flip end up.
In inevitably once the release has finished there will be some back on ebay but it does mean that people who have bought to sell on will be paying market rate and so minimising the profit, and they'll have to hold on to it for longer before being able to sell.
It does mean that prices at the start of each edition will rise but hopefully towards the end they'll be lower than the current prices on ebay.
It also means that fewer "fans" will be able to afford one but realistically i think it's got to the point now that more and more of these releases are being bought by touts/gangs etc so there are fewer fans even getting them in the queue.
Even if this happens i know i'll not be buying one at auction, as the prices will be too high. I have missed out for years but it doesn't bother me - i have accepted that's the way things are. As your favourite band gets bigger you have to watch them graduate to bigger and bigger venues - eventually they're playing stadiums and you can't hear them because of the drunk idiots around you who are shouting out the lyrics.
Rather than getting hung about about missing each release people should be out looking for new artists that they like and questionning why they wanted that banksy up on the wall in the first place.
Good luck POW - i can't help but feel you're in a no win situation with the "fans".
Auction them all off. Big auction house, ebay or otherwise. Best price for the print, most money going to charity, no flippers, no frostbite and no punch ups. I'd been thinking about suggesting this but i couldn't think of a wat of making it work. POW teaming up with ebay seems like a corporate step too far for Banksy (maybe just ethically, but commercially it seems a perfect place for banksy prints). If POW were to drip feed an edition on to ebay then it would find it's own value, and as they're on ebay anyway, and the next drip will be along any minutes (maybe have 10 at a time, and list the next 10 just before the previous 10 finish) then buyers will always have the choice to buy directly from POW (witha percentage of the money going to charity as per previous releases) then the secondary market on ebay will vanish which is the main place that all of the prints bought to flip end up. In inevitably once the release has finished there will be some back on ebay but it does mean that people who have bought to sell on will be paying market rate and so minimising the profit, and they'll have to hold on to it for longer before being able to sell. It does mean that prices at the start of each edition will rise but hopefully towards the end they'll be lower than the current prices on ebay. It also means that fewer "fans" will be able to afford one but realistically i think it's got to the point now that more and more of these releases are being bought by touts/gangs etc so there are fewer fans even getting them in the queue. Even if this happens i know i'll not be buying one at auction, as the prices will be too high. I have missed out for years but it doesn't bother me - i have accepted that's the way things are. As your favourite band gets bigger you have to watch them graduate to bigger and bigger venues - eventually they're playing stadiums and you can't hear them because of the drunk idiots around you who are shouting out the lyrics. Rather than getting hung about about missing each release people should be out looking for new artists that they like and questionning why they wanted that banksy up on the wall in the first place. Good luck POW - i can't help but feel you're in a no win situation with the "fans".
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jakek
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June 2008
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POW Releases - How to put flippers off, by jakek on Dec 18, 2010 10:57:50 GMT 1, What ever happened to affordable art?
There's plenty of affordable art out there...it's just POW isn't necessarily the place to find it.
They do what they do, they've got a large rosta of artists - some of whom are some of the most sought after in the scene. So these top artists can sell art for top bucks and POW use the reputation of these artists to help launch other artists while making money for the gallery. Which is the way it should be.
Everyone should just have a look around for other places to buy art. It's christmas time and i'm sure there are loads of pop-up shops and markets crammed with all kinds of art, original art for a fraction of the price of many of the prints that sell around here.
Don't just sit back and let galleries spoonfeed you your art taste - if that happens it'll only be a matter of time before ITV team up with POW for "Street-art factor".
What ever happened to affordable art? There's plenty of affordable art out there...it's just POW isn't necessarily the place to find it. They do what they do, they've got a large rosta of artists - some of whom are some of the most sought after in the scene. So these top artists can sell art for top bucks and POW use the reputation of these artists to help launch other artists while making money for the gallery. Which is the way it should be. Everyone should just have a look around for other places to buy art. It's christmas time and i'm sure there are loads of pop-up shops and markets crammed with all kinds of art, original art for a fraction of the price of many of the prints that sell around here. Don't just sit back and let galleries spoonfeed you your art taste - if that happens it'll only be a matter of time before ITV team up with POW for "Street-art factor".
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jakek
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June 2008
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POW Releases - How to put flippers off, by jakek on Dec 18, 2010 11:02:42 GMT 1, The proposal for an unlimited screenprint is pointless in my opinion, Banksy might as well upload a high quality image to his website and then allow people to print it off.
He does...
www.banksy.co.uk/shop/index.html
and for anyone who was chasing this print to have an image by banksy on their wall i'd suggest getting your local prontaprint to print off one of these classic images and enjoying that everyday.
The proposal for an unlimited screenprint is pointless in my opinion, Banksy might as well upload a high quality image to his website and then allow people to print it off. He does... www.banksy.co.uk/shop/index.htmland for anyone who was chasing this print to have an image by banksy on their wall i'd suggest getting your local prontaprint to print off one of these classic images and enjoying that everyday.
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balibob
Junior Member
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November 2010
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POW Releases - How to put flippers off, by balibob on Dec 18, 2010 11:24:15 GMT 1, Once you have bought something its yours, you then have the right to do what you want with it, its called ownership. Keep it, give it away, destroy it or sell it, it is your choice and i would love to see any company try and put restrictions on what you can do with something that you legally own. The lawyers would have a field day. Art is no different to any other commodity, the free market economy stimulates growth and encourages new artists to give it a go and try to make a living out of what is their passion. Its hard to take when you cant get what you want and you see people getting in before you and making a fast ยฃ, but hey, thats the real world. There has been some interesting ideas put about such as buying raffle tickets upfront, but i just see that as those having the deepest pockets having the biggest punt, surely not the right way forward. There is no perfect solution so lets all relax a little bit, the sun is still shining, no-one died and the same will happen next year.
off my high horse now and going for a smoke.
Once you have bought something its yours, you then have the right to do what you want with it, its called ownership. Keep it, give it away, destroy it or sell it, it is your choice and i would love to see any company try and put restrictions on what you can do with something that you legally own. The lawyers would have a field day. Art is no different to any other commodity, the free market economy stimulates growth and encourages new artists to give it a go and try to make a living out of what is their passion. Its hard to take when you cant get what you want and you see people getting in before you and making a fast ยฃ, but hey, thats the real world. There has been some interesting ideas put about such as buying raffle tickets upfront, but i just see that as those having the deepest pockets having the biggest punt, surely not the right way forward. There is no perfect solution so lets all relax a little bit, the sun is still shining, no-one died and the same will happen next year.
off my high horse now and going for a smoke.
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St. Art Gallery
Art Gallery
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November 2009
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POW Releases - How to put flippers off, by St. Art Gallery on Dec 18, 2010 11:34:58 GMT 1, In that case POW should release the prints at a price of 4500 GBP. Prevents flipping and more money can be donated to charity.
In that case POW should release the prints at a price of 4500 GBP. Prevents flipping and more money can be donated to charity.
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POW Releases - How to put flippers off, by rottenredrooster on Dec 18, 2010 11:37:12 GMT 1, In that case POW should release the prints at a price of 4500 GBP. Prevents flipping and more money can be donated to charity.
That's all very good if you have ยฃ4500 spare to spend on a print. POW keep them at ยฃ450 so most people have a change to get one.
In that case POW should release the prints at a price of 4500 GBP. Prevents flipping and more money can be donated to charity. That's all very good if you have ยฃ4500 spare to spend on a print. POW keep them at ยฃ450 so most people have a change to get one.
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spencerlee
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May 2006
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POW Releases - How to put flippers off, by spencerlee on Dec 18, 2010 11:41:33 GMT 1, What ever happened to affordable art? There's plenty of affordable art out there...it's just POW isn't necessarily the place to find it. They do what they do, they've got a large rosta of artists - some of whom are some of the most sought after in the scene. So these top artists can sell art for top bucks and POW use the reputation of these artists to help launch other artists while making money for the gallery. Which is the way it should be. Everyone should just have a look around for other places to buy art. It's christmas time and i'm sure there are loads of pop-up shops and markets crammed with all kinds of art, original art for a fraction of the price of many of the prints that sell around here. Don't just sit back and let galleries spoonfeed you your art taste - if that happens it'll only be a matter of time before ITV team up with POW for "Street-art factor".
Indeed. I bought a 21"x29" commisioned painting by an up and coming artist for ยฃ450, same cost as CYW.
I love it, nobody else has it, and it hasn't got stories of queues, lotteries, or 146 page threads on here associated with it.
What ever happened to affordable art? There's plenty of affordable art out there...it's just POW isn't necessarily the place to find it. They do what they do, they've got a large rosta of artists - some of whom are some of the most sought after in the scene. So these top artists can sell art for top bucks and POW use the reputation of these artists to help launch other artists while making money for the gallery. Which is the way it should be. Everyone should just have a look around for other places to buy art. It's christmas time and i'm sure there are loads of pop-up shops and markets crammed with all kinds of art, original art for a fraction of the price of many of the prints that sell around here. Don't just sit back and let galleries spoonfeed you your art taste - if that happens it'll only be a matter of time before ITV team up with POW for "Street-art factor". Indeed. I bought a 21"x29" commisioned painting by an up and coming artist for ยฃ450, same cost as CYW. I love it, nobody else has it, and it hasn't got stories of queues, lotteries, or 146 page threads on here associated with it.
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St. Art Gallery
Art Gallery
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November 2009
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POW Releases - How to put flippers off, by St. Art Gallery on Dec 18, 2010 11:51:22 GMT 1, In that case POW should release the prints at a price of 4500 GBP. Prevents flipping and more money can be donated to charity. That's all very good if you have ยฃ4500 spare to spend on a print. POW keep them at ยฃ450 so most people have a change to get one.
That is why I suggested the following in the Warm Grey topic.
"I agree you cannot satisfy everyone and cannot prevent flipping.
What they can do is trying to distribute the prints as fair as possible. That is why I suggested personal registration and a copy of their ID being made. You only register once and they put you on their waitinglist and they work down this list every release. People who have been buying before won't be able to buy at their own name again. Offcourse people will be asking other people to register but because it has to be in person for UK residents or with a double ID for overseas bidders, I think there will be less problems. People know they are on the list and know that sooner of later they will get their Banksy print.
In my opinion this is a fair way of releasing the prints and I would like to hear comments or other suggestions."
Read more: urbanartassociation.com/index.cgi?action=recent#ixzz18SX8xuZg
In that case POW should release the prints at a price of 4500 GBP. Prevents flipping and more money can be donated to charity. That's all very good if you have ยฃ4500 spare to spend on a print. POW keep them at ยฃ450 so most people have a change to get one. That is why I suggested the following in the Warm Grey topic. "I agree you cannot satisfy everyone and cannot prevent flipping. What they can do is trying to distribute the prints as fair as possible. That is why I suggested personal registration and a copy of their ID being made. You only register once and they put you on their waitinglist and they work down this list every release. People who have been buying before won't be able to buy at their own name again. Offcourse people will be asking other people to register but because it has to be in person for UK residents or with a double ID for overseas bidders, I think there will be less problems. People know they are on the list and know that sooner of later they will get their Banksy print. In my opinion this is a fair way of releasing the prints and I would like to hear comments or other suggestions." Read more: urbanartassociation.com/index.cgi?action=recent#ixzz18SX8xuZg
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Klow
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Posts โข 142
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December 2009
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POW Releases - How to put flippers off, by Klow on Dec 18, 2010 13:37:32 GMT 1, Just sell the prints for market price. Problem solved, but I'm guessing that wouldn't be a popular solution.
If people did that, no one would be interested in Banksy anymore?
Just sell the prints for market price. Problem solved, but I'm guessing that wouldn't be a popular solution. If people did that, no one would be interested in Banksy anymore?
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Klow
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Posts โข 142
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December 2009
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POW Releases - How to put flippers off, by Klow on Dec 18, 2010 13:39:16 GMT 1, In that case POW should release the prints at a price of 4500 GBP. Prevents flipping and more money can be donated to charity.
Rich people don't flip art for profit? I thought that was the only reason the rich were interested in art. PROFIT, well maybe status too...
In that case POW should release the prints at a price of 4500 GBP. Prevents flipping and more money can be donated to charity. Rich people don't flip art for profit? I thought that was the only reason the rich were interested in art. PROFIT, well maybe status too...
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Klow
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December 2009
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POW Releases - How to put flippers off, by Klow on Dec 18, 2010 13:42:36 GMT 1,
POW keeping them at ยฃ450 is precisely why they are flipped. Who is gonna turn their nose up @ a potential ยฃ5k profit for doing next to nothing?
POW keeping them at ยฃ450 is precisely why they are flipped. Who is gonna turn their nose up @ a potential ยฃ5k profit for doing next to nothing?
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Warm Gun
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August 2009
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POW Releases - How to put flippers off, by Warm Gun on Dec 18, 2010 13:43:20 GMT 1, In that case POW should release the prints at a price of 4500 GBP. Prevents flipping and more money can be donated to charity.
So make art elitist yeah?
Why not, those poor folk couldn't possibly appreciate art could they, they're far to busy having kids and fighting.
In that case POW should release the prints at a price of 4500 GBP. Prevents flipping and more money can be donated to charity. So make art elitist yeah? Why not, those poor folk couldn't possibly appreciate art could they, they're far to busy having kids and fighting.
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Poppy Sunshine
Junior Member
Posts โข 1,700
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January 2008
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POW Releases - How to put flippers off, by Poppy Sunshine on Dec 18, 2010 13:48:12 GMT 1, Why not put a print up for sale for an amount of time? ie, only one copy per person but the print is for sale for an entire week for example. Each copy is numbered as it is sold and the final one sold dictates the size of the edition. That way people will be able to get one sensibly, not much need for flipping, plenty of charity money etc etc.
Also, it might be a nice touch if there were a couple of other places available to pick one up outside of London ie somewhere in the Midlands, somewhere up the freezing North maybe?
Just another thought for the pot.
Why not put a print up for sale for an amount of time? ie, only one copy per person but the print is for sale for an entire week for example. Each copy is numbered as it is sold and the final one sold dictates the size of the edition. That way people will be able to get one sensibly, not much need for flipping, plenty of charity money etc etc.
Also, it might be a nice touch if there were a couple of other places available to pick one up outside of London ie somewhere in the Midlands, somewhere up the freezing North maybe?
Just another thought for the pot.
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bunnyboy
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Posts โข 619
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September 2007
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POW Releases - How to put flippers off, by bunnyboy on Dec 18, 2010 14:26:43 GMT 1, I like the season ticket style queue idea. Another possibility could be to up the price a bit (although not into the thousands to keep it affordable) and introduce a significant delay between purchase and delivery. That would mean that people couldn't buy on a credit card and immediately sell on eBay before their credit card bill is due.
I think this happened with Faile's Tender Forever print - they pointed out at the point of sale that there would be a 6 week or so delay until delivery and upped the price a little compared to previous releases. The print took quite a while to sell out, possibly as a result of this (and maybe other factors, of course).
I appreciate there are intrerest free credit card deals and that sometimes delivery is delayed anyway but if buyers have to wait a couple of months before a smaller profit can be made, it might deter some.
I like the season ticket style queue idea. Another possibility could be to up the price a bit (although not into the thousands to keep it affordable) and introduce a significant delay between purchase and delivery. That would mean that people couldn't buy on a credit card and immediately sell on eBay before their credit card bill is due.
I think this happened with Faile's Tender Forever print - they pointed out at the point of sale that there would be a 6 week or so delay until delivery and upped the price a little compared to previous releases. The print took quite a while to sell out, possibly as a result of this (and maybe other factors, of course).
I appreciate there are intrerest free credit card deals and that sometimes delivery is delayed anyway but if buyers have to wait a couple of months before a smaller profit can be made, it might deter some.
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Gentle Mental
Junior Member
Posts โข 2,796
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May 2007
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POW Releases - How to put flippers off, by Gentle Mental on Dec 18, 2010 19:29:11 GMT 1, This is the reality:
The whole world knows this - you can make thousands of these thing.
From co-workers, to grandmas to ticket touts, there will always be way more flippers than fans. Thousands to one.
Fans will lose lottery.
I think the total number of winners from this board and Giant's account for less than 10 percent of the release.
90 percent will go on sale at a premium of at least ยฃ2k above cost, each - all of which could've gone to the cause, the artist, or to whatever POW wants to do with the loot.
Fans WILL pay the market rate for a Banksy print. The demand is clearly there.
Like a ransom, that 2k-5k extra WILL be paid, be it at a street corner, silky's buy/sell board, ebay or POW, this ransom will be paid.
Banksy and POW really should take a good hard look at ebay - and know - all those hundreds of thousands - could've been put to better use.
I really don't think they are doing it do keep the "buzz" alive for sale of originals - that would be too evil.
The original intention years ago was great - to keep affordable for the fans.
But Banksy has crossed that line years ago. And by doing so, he can't keep doing it like before anymore.
It's time to let go and grow up.
Charge like Faile Or Mass produce like Fairey.
Don't throw good, useful money to the sharks. It's doing more harm than good.
This is the reality:
The whole world knows this - you can make thousands of these thing.
From co-workers, to grandmas to ticket touts, there will always be way more flippers than fans. Thousands to one.
Fans will lose lottery.
I think the total number of winners from this board and Giant's account for less than 10 percent of the release.
90 percent will go on sale at a premium of at least ยฃ2k above cost, each - all of which could've gone to the cause, the artist, or to whatever POW wants to do with the loot.
Fans WILL pay the market rate for a Banksy print. The demand is clearly there.
Like a ransom, that 2k-5k extra WILL be paid, be it at a street corner, silky's buy/sell board, ebay or POW, this ransom will be paid.
Banksy and POW really should take a good hard look at ebay - and know - all those hundreds of thousands - could've been put to better use.
I really don't think they are doing it do keep the "buzz" alive for sale of originals - that would be too evil.
The original intention years ago was great - to keep affordable for the fans.
But Banksy has crossed that line years ago. And by doing so, he can't keep doing it like before anymore.
It's time to let go and grow up.
Charge like Faile Or Mass produce like Fairey.
Don't throw good, useful money to the sharks. It's doing more harm than good.
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POW Releases - How to put flippers off, by des77 on Dec 18, 2010 19:39:44 GMT 1, This is the reality: I think the total number of winners from this board and Giant's account for less than 10 percent of the release. 90 percent will go on sale at a premium of at least ยฃ2k above cost, each - all of which could've gone to the cause, the artist, or to whatever POW wants to do with the loot.
So only real fans use forums ? non forum users are flippers ?
How do you know 'real' Banksy fans can afford to pay 'market' prices ? Although ยฃ450 is cheap in relation to the worth after purchase, to many its still a lot of money to be spening on art... any higher and he loses 50% of his market imo
Raise the prices and you end up like Micallef or adam Neate, basically having to start there collector case again as everything crashed.
This is the reality: I think the total number of winners from this board and Giant's account for less than 10 percent of the release. 90 percent will go on sale at a premium of at least ยฃ2k above cost, each - all of which could've gone to the cause, the artist, or to whatever POW wants to do with the loot. So only real fans use forums ? non forum users are flippers ? How do you know 'real' Banksy fans can afford to pay 'market' prices ? Although ยฃ450 is cheap in relation to the worth after purchase, to many its still a lot of money to be spening on art... any higher and he loses 50% of his market imo Raise the prices and you end up like Micallef or adam Neate, basically having to start there collector case again as everything crashed.
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January 1970
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POW Releases - How to put flippers off, by Deleted on Dec 18, 2010 20:02:24 GMT 1, This is the reality: The whole world knows this - you can make thousands of these thing. From co-workers, to grandmas to ticket touts, there will always be way more flippers than fans. Thousands to one. Fans will lose lottery. I think the total number of winners from this board and Giant's account for less than 10 percent of the release. 90 percent will go on sale at a premium of at least ยฃ2k above cost, each - all of which could've gone to the cause, the artist, or to whatever POW wants to do with the loot. Fans WILL pay the market rate for a Banksy print. The demand is clearly there. Like a ransom, that 2k-5k extra WILL be paid, be it at a street corner, silky's buy/sell board, ebay or POW, this ransom will be paid. Banksy and POW really should take a good hard look at ebay - and know - all those hundreds of thousands - could've been put to better use. I really don't think they are doing it do keep the "buzz" alive for sale of originals - that would be too evil. The original intention years ago was great - to keep affordable for the fans. But Banksy has crossed that line years ago. And by doing so, he can't keep doing it like before anymore. It's time to let go and grow up. Charge like Faile Or Mass produce like Fairey. Don't throw good, useful money to the sharks. It's doing more harm than good.
Agreed - with all of it (apart from keeping the 'machine' running for commissioned work possibly?). Best post for yonks.
This is the reality: The whole world knows this - you can make thousands of these thing. From co-workers, to grandmas to ticket touts, there will always be way more flippers than fans. Thousands to one. Fans will lose lottery. I think the total number of winners from this board and Giant's account for less than 10 percent of the release. 90 percent will go on sale at a premium of at least ยฃ2k above cost, each - all of which could've gone to the cause, the artist, or to whatever POW wants to do with the loot. Fans WILL pay the market rate for a Banksy print. The demand is clearly there. Like a ransom, that 2k-5k extra WILL be paid, be it at a street corner, silky's buy/sell board, ebay or POW, this ransom will be paid. Banksy and POW really should take a good hard look at ebay - and know - all those hundreds of thousands - could've been put to better use. I really don't think they are doing it do keep the "buzz" alive for sale of originals - that would be too evil. The original intention years ago was great - to keep affordable for the fans. But Banksy has crossed that line years ago. And by doing so, he can't keep doing it like before anymore. It's time to let go and grow up. Charge like Faile Or Mass produce like Fairey. Don't throw good, useful money to the sharks. It's doing more harm than good. Agreed - with all of it (apart from keeping the 'machine' running for commissioned work possibly?). Best post for yonks.
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