carl
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September 2011
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Valuations & Insurance, by carl on May 21, 2007 10:53:14 GMT 1, I have signed and unsigned banksy's. The problem is how to value for insurance. Prices ar moving so fast at the moment that a valuation seems to be out of date a few moments after it is given. So do you pitch it way over or what? Ive never insured one item for such a value (apart from my car!)  . The signed prints are Napalm, Hmv, Girl with red balloon (whats the correct name for this print?). Unsigned is Morons, IFTLAW. Any advice on this would be much appreciated.
I have signed and unsigned banksy's. The problem is how to value for insurance. Prices ar moving so fast at the moment that a valuation seems to be out of date a few moments after it is given. So do you pitch it way over or what? Ive never insured one item for such a value (apart from my car!) . The signed prints are Napalm, Hmv, Girl with red balloon (whats the correct name for this print?). Unsigned is Morons, IFTLAW. Any advice on this would be much appreciated. |
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affart
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April 2007
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Valuations & Insurance, by affart on May 21, 2007 10:58:26 GMT 1, F**k me mate , sort insurance out asap.
Go by highest gallery price 
Have a look around theres a few other threads around that have the ansers you are seeking!
F**k me mate , sort insurance out asap. Go by highest gallery price Have a look around theres a few other threads around that have the ansers you are seeking! |
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carl
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September 2011
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Valuations & Insurance, by carl on May 21, 2007 11:01:05 GMT 1, I know. I feel I should be walking around with my art folder handcuffed to my wrist at the moment. Need to get it sorted.
I know. I feel I should be walking around with my art folder handcuffed to my wrist at the moment. Need to get it sorted.
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Valuations & Insurance, by carlito on May 21, 2007 11:01:27 GMT 1, Banksy's work is increasing in price all the time, as aff says find out values from a gallery (as these will be top whack for them) and use these, but make sure you update them every 6-12 months 
Banksy's work is increasing in price all the time, as aff says find out values from a gallery (as these will be top whack for them) and use these, but make sure you update them every 6-12 months |
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carl
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September 2011
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Valuations & Insurance, by carl on May 21, 2007 11:01:59 GMT 1, Sorry. Just realised that I put this thread in the wrong section. 
Sorry. Just realised that I put this thread in the wrong section. |
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carl
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September 2011
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Valuations & Insurance, by carl on May 21, 2007 11:03:24 GMT 1, what gallery should I go to? any ideas Carlito?
what gallery should I go to? any ideas Carlito?
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neutral
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February 2007
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Valuations & Insurance, by carlito on May 21, 2007 11:10:45 GMT 1, andipa - would be my choice their prices are huge and well known
andipa - would be my choice their prices are huge and well known |
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Valuations & Insurance, by a4mnt on May 21, 2007 11:48:28 GMT 1, I am doing the same,with regards to insurance. When you talk to the insurance company, you may find out that they only need to know about art over a certain value, ie ยฃ1500. So the unsigned prints won't need registering.
I enquired about Insurance for Micallef's Minotaur Weapon, and I think it was going to be around an extra ยฃ40 a year for ยฃ5000 worth of cover, which considering contents insurance for the whole house is ยฃ200, seems quite a lot. But what can you do? It has to be done.
I was hoping my Banksy Barcode would slip under the ยฃ1500 valuation also, but one sold for ยฃ1850 on ebay a few days ago (i think...buy now?) so it is difficult to give an accurate valuation.
Hope you get it sorted.
I am doing the same,with regards to insurance. When you talk to the insurance company, you may find out that they only need to know about art over a certain value, ie ยฃ1500. So the unsigned prints won't need registering.
I enquired about Insurance for Micallef's Minotaur Weapon, and I think it was going to be around an extra ยฃ40 a year for ยฃ5000 worth of cover, which considering contents insurance for the whole house is ยฃ200, seems quite a lot. But what can you do? It has to be done.
I was hoping my Banksy Barcode would slip under the ยฃ1500 valuation also, but one sold for ยฃ1850 on ebay a few days ago (i think...buy now?) so it is difficult to give an accurate valuation.
Hope you get it sorted.
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Valuations & Insurance, by numusic on May 21, 2007 12:34:55 GMT 1, I know. I feel I should be walking around with my art folder handcuffed to my wrist at the moment. Need to get it sorted.
Girl With Balloon - 15-18k
HMV - 12-15k
Napalm : 10-12k
ish
Gallery prices use the most expensive you can find.. there's a BME at 25k somewhere !
I know. I feel I should be walking around with my art folder handcuffed to my wrist at the moment. Need to get it sorted. Girl With Balloon - 15-18k HMV - 12-15k Napalm : 10-12k ish Gallery prices use the most expensive you can find.. there's a BME at 25k somewhere ! |
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Valuations & Insurance, by a4mnt on May 21, 2007 12:55:19 GMT 1, The more you overvalue it though, the more insurance you have to pay.
The more you overvalue it though, the more insurance you have to pay.
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. The signed prints are Napalm, Hmv, Girl with red balloon (whats the correct name for this print?). Unsigned is Morons, IFTLAW. Any advice on this would be much appreciated. 
