|
|
"Bankers bone up on Banksy", by Daniel Silk on Sept 18, 2009 23:59:50 GMT 1, www.ft.com/cms/s/2/dc286b9e-a47b-11de-92d4-00144feabdc0.html
"Bankers bone up on Banksy"
"Works by Banksy, the elusive graffiti artist, are off 40 to 50 per cent; later pieces by Damien Hirst have fallen 30 to 35 per cent; and less exceptional examples from Warhol have dropped 25 to 30 per cent while his more sought-after works are down 10 per cent."
www.ft.com/cms/s/2/dc286b9e-a47b-11de-92d4-00144feabdc0.html"Bankers bone up on Banksy" "Works by Banksy, the elusive graffiti artist, are off 40 to 50 per cent; later pieces by Damien Hirst have fallen 30 to 35 per cent; and less exceptional examples from Warhol have dropped 25 to 30 per cent while his more sought-after works are down 10 per cent."
|
|
|
|
"Bankers bone up on Banksy", by Coach on Sept 19, 2009 0:06:54 GMT 1, www.ft.com/cms/s/2/dc286b9e-a47b-11de-92d4-00144feabdc0.html"Bankers bone up on Banksy" "Works by Banksy, the elusive graffiti artist, are off 40 to 50 per cent; later pieces by Damien Hirst have fallen 30 to 35 per cent; and less exceptional examples from Warhol have dropped 25 to 30 per cent while his more sought-after works are down 10 per cent."
So what!!!
Come on - this is not an investment forum.
This only matters if you buy art just as an investment.
Most people on here, I think, buy the art they love - with maybe a very few exceptions.
And - is a drop in value really news to anyone here?!
.....
www.ft.com/cms/s/2/dc286b9e-a47b-11de-92d4-00144feabdc0.html"Bankers bone up on Banksy" "Works by Banksy, the elusive graffiti artist, are off 40 to 50 per cent; later pieces by Damien Hirst have fallen 30 to 35 per cent; and less exceptional examples from Warhol have dropped 25 to 30 per cent while his more sought-after works are down 10 per cent." So what!!! Come on - this is not an investment forum. This only matters if you buy art just as an investment. Most people on here, I think, buy the art they love - with maybe a very few exceptions. And - is a drop in value really news to anyone here?! ..... |
|
raiden
New Member
Posts โข 512
Likes โข 3
April 2008
|
"Bankers bone up on Banksy", by raiden on Sept 19, 2009 0:32:04 GMT 1, Oh come on, its fun to talk prices.
There hasn't been a good discussion on prices and trends for a while on this board - and frankly, I like the occasional speculative post of "whose prices are going to go up next." It adds an added dimension to the collecting world.
I buy art I love, but very seldom will I pull the trigger on something if it doesn't make economic sense as well.
Oh come on, its fun to talk prices.
There hasn't been a good discussion on prices and trends for a while on this board - and frankly, I like the occasional speculative post of "whose prices are going to go up next." It adds an added dimension to the collecting world.
I buy art I love, but very seldom will I pull the trigger on something if it doesn't make economic sense as well.
|
|
|
|
"Bankers bone up on Banksy", by Coach on Sept 19, 2009 0:53:08 GMT 1, An article in the FT about bank investments in art
Still - Come on!! Still - So what!!
An article in the FT about bank investments in art
Still - Come on!! Still - So what!!
|
|
|
|
"Bankers bone up on Banksy", by wizzy on Sept 19, 2009 1:16:07 GMT 1, Count to eleven and breathe very deeply Coach.
Count to eleven and breathe very deeply Coach.
|
|
rowan
Junior Member
Posts โข 1,253
Likes โข 198
August 2008
|
"Bankers bone up on Banksy", by rowan on Sept 19, 2009 7:26:09 GMT 1, It matters if your buying art.. If the figures are true, a 50% drop in prices means some pieces are now affordable!! Need to get in there while the gettings good..
It matters if your buying art.. If the figures are true, a 50% drop in prices means some pieces are now affordable!! Need to get in there while the gettings good..
|
|
|
|
Simococo
Junior Member
Posts โข 3,149
Likes โข 373
April 2007
|
"Bankers bone up on Banksy", by Simococo on Sept 19, 2009 7:48:43 GMT 1, i am suprised about Banksy's recent prices. The show at the Bristol museum is evidence enough about his popularity so the The CWSB not selling at Christies (I appreciate it wasn't in the strongest of sales but is is one of his best images to date) seemed strange as I don't think the reserve was too agrresive.
i am suprised about Banksy's recent prices. The show at the Bristol museum is evidence enough about his popularity so the The CWSB not selling at Christies (I appreciate it wasn't in the strongest of sales but is is one of his best images to date) seemed strange as I don't think the reserve was too agrresive.
|
|
craigf
Full Member
Posts โข 8,557
Likes โข 846
May 2007
|
"Bankers bone up on Banksy", by craigf on Sept 19, 2009 8:58:34 GMT 1, What did the CWSB get up to? I completely forgot about the sale, probably wouldn't have had time to attend anyway, but...
What did the CWSB get up to? I completely forgot about the sale, probably wouldn't have had time to attend anyway, but...
|
|
craigf
Full Member
Posts โข 8,557
Likes โข 846
May 2007
|
"Bankers bone up on Banksy", by craigf on Sept 19, 2009 9:02:34 GMT 1, Tried to not be lazy and look on the Christies site, but still couldn't find it 
Tried to not be lazy and look on the Christies site, but still couldn't find it |
|
|
|
craigf
Full Member
Posts โข 8,557
Likes โข 846
May 2007
|
"Bankers bone up on Banksy", by craigf on Sept 19, 2009 9:23:14 GMT 1, The rarity of CWSB is one thing that makes it desirable, but you've hit the nail on the head re the print quality.
The rarity of CWSB is one thing that makes it desirable, but you've hit the nail on the head re the print quality.
|
|
chiefhk
New Member
Posts โข 61
Likes โข 0
July 2009
|
"Bankers bone up on Banksy", by chiefhk on Sept 19, 2009 10:30:12 GMT 1, I'm curious to find out if most who buy art here are not concerned about the potential economic value of their "investment"? I guess I'm not so lucky to be able to pony up thousands of dollars for work without considering the possibility of selling it for a profit in the future.
I'm curious to find out if most who buy art here are not concerned about the potential economic value of their "investment"? I guess I'm not so lucky to be able to pony up thousands of dollars for work without considering the possibility of selling it for a profit in the future.
|
|
craigf
Full Member
Posts โข 8,557
Likes โข 846
May 2007
|
"Bankers bone up on Banksy", by craigf on Sept 19, 2009 15:42:25 GMT 1, If your looking for a solid investment with a guaranteed return you need to go to put your money in a bank with fixed terms and buy cheap copies of pieces you like for the walls. Getting your money back or possibly a return is a bonus. If they have been on the wall and you've enjoyed them not making any money or even losing a bit isn't the end of the world
If your looking for a solid investment with a guaranteed return you need to go to put your money in a bank with fixed terms and buy cheap copies of pieces you like for the walls. Getting your money back or possibly a return is a bonus. If they have been on the wall and you've enjoyed them not making any money or even losing a bit isn't the end of the world
|
|
maadbeats
Junior Member
Posts โข 2,272
Likes โข 19
September 2007
|
"Bankers bone up on Banksy", by maadbeats on Sept 19, 2009 15:42:48 GMT 1, of course everyone is concerned about price and potential economic value. Anyone that tells you diferently is full of sh!t. If we didnt we would all have $20 knock off posters hanging on our walls.
Yes we buy what we like but price will always play a good size roll. Hate to be the bad man here and will probably get s**t from it but who give a fcuk. Truth hurts
I have pieces that I keep for the walls, some for resale, and some for pure love. If I never sold anything I would have the amazing collection I have today. Which I am very proud of
AND YES I AGREE WITH CRAIG. PUT YOUR MONEY IN THE BANK IF YOU WANT A SURE SHOT INVESTMENT. ART IS A CRAP SHOOT, ESPECIALLY IF YOU DEALING WITH NEW ARTISTS
of course everyone is concerned about price and potential economic value. Anyone that tells you diferently is full of sh!t. If we didnt we would all have $20 knock off posters hanging on our walls.
Yes we buy what we like but price will always play a good size roll. Hate to be the bad man here and will probably get s**t from it but who give a fcuk. Truth hurts
I have pieces that I keep for the walls, some for resale, and some for pure love. If I never sold anything I would have the amazing collection I have today. Which I am very proud of
AND YES I AGREE WITH CRAIG. PUT YOUR MONEY IN THE BANK IF YOU WANT A SURE SHOT INVESTMENT. ART IS A CRAP SHOOT, ESPECIALLY IF YOU DEALING WITH NEW ARTISTS
|
|
|
|
|
|
"Bankers bone up on Banksy", by Coach on Sept 19, 2009 16:14:47 GMT 1, If your looking for a solid investment with a guaranteed return you need to go to put your money in a bank with fixed terms and buy cheap copies of pieces you like for the walls. Getting your money back or possibly a return is a bonus. If they have been on the wall and you've enjoyed them not making any money or even losing a bit isn't the end of the world
100%
And apologies if I was a bit stroppy earlier - day two of giving up fags (having smoked for over 20 years). "Tetchy" doesnt come close!
If your looking for a solid investment with a guaranteed return you need to go to put your money in a bank with fixed terms and buy cheap copies of pieces you like for the walls. Getting your money back or possibly a return is a bonus. If they have been on the wall and you've enjoyed them not making any money or even losing a bit isn't the end of the world 100% And apologies if I was a bit stroppy earlier - day two of giving up fags (having smoked for over 20 years). "Tetchy" doesnt come close! |
|
brun
New Member
Posts โข 879
Likes โข 0
December 2007
|
"Bankers bone up on Banksy", by brun on Sept 19, 2009 16:35:36 GMT 1, its so ironic that the very people banksy and others lambast with their street art are the same ones making top dollar on it ! or at least they were !
its so ironic that the very people banksy and others lambast with their street art are the same ones making top dollar on it ! or at least they were !
|
|
denzil
New Member
Posts โข 703
Likes โข 398
April 2009
|
"Bankers bone up on Banksy", by denzil on Sept 19, 2009 17:00:39 GMT 1, i do wonder how many have paid ยฃ200-300 for prints stored flat in the good ol acid free folio that will be crying in a years time when no one gives a feck about the street art trend and all they get back ยฃ20-30 squid were are all the framed donuts and monkey mo prints people av been peeing there niks over?
i do wonder how many have paid ยฃ200-300 for prints stored flat in the good ol acid free folio that will be crying in a years time when no one gives a feck about the street art trend and all they get back ยฃ20-30 squid were are all the framed donuts and monkey mo prints people av been peeing there niks over?
|
|
jamesreeve5
Blank Rank
Posts โข 0
Likes โข 0
September 2012
|
"Bankers bone up on Banksy", by jamesreeve5 on Sept 19, 2009 17:23:41 GMT 1, i do wonder how many have paid ยฃ200-300 for prints stored flat in the good ol acid free folio that will be crying in a years time when no one gives a feck about the street art trend and all they get back ยฃ20-30 squid were are all the framed donuts and monkey mo prints people av been peeing there niks over?
They will never sell them!!! They will put them next to their Beanie Baby and 90's comic book collections in the attic instead. 
i do wonder how many have paid ยฃ200-300 for prints stored flat in the good ol acid free folio that will be crying in a years time when no one gives a feck about the street art trend and all they get back ยฃ20-30 squid were are all the framed donuts and monkey mo prints people av been peeing there niks over? They will never sell them!!! They will put them next to their Beanie Baby and 90's comic book collections in the attic instead. |
|
|
|
"Bankers bone up on Banksy", by veralynn on Sept 19, 2009 18:23:39 GMT 1, i do wonder how many have paid ยฃ200-300 for prints stored flat in the good ol acid free folio that will be crying in a years time when no one gives a feck about the street art trend and all they get back ยฃ20-30 squid were are all the framed donuts and monkey mo prints people av been peeing there niks over?
Not necessarily how I would have put it but do tend to agree, but what you like, can afford, put it on the wall and enjoy.
Banksy however is (my opinion again) THE artist of the generation, a phenomenom and unlikely to be surpassed. My old man's got some limited edition prints of some ducks (really) on his wall and are 50+ years old, I can't recall the artist's name but they're worth a shit load, not for sale until I inherit.
Who's to say Mighty Mo won't go the same way? (apart from Denzil). We'll all still be here in a year, though trading in Brixton Currency possibly which might suit some of us.....
i do wonder how many have paid ยฃ200-300 for prints stored flat in the good ol acid free folio that will be crying in a years time when no one gives a feck about the street art trend and all they get back ยฃ20-30 squid were are all the framed donuts and monkey mo prints people av been peeing there niks over? Not necessarily how I would have put it but do tend to agree, but what you like, can afford, put it on the wall and enjoy. Banksy however is (my opinion again) THE artist of the generation, a phenomenom and unlikely to be surpassed. My old man's got some limited edition prints of some ducks (really) on his wall and are 50+ years old, I can't recall the artist's name but they're worth a shit load, not for sale until I inherit. Who's to say Mighty Mo won't go the same way? (apart from Denzil). We'll all still be here in a year, though trading in Brixton Currency possibly which might suit some of us..... |
|
|
|
"Bankers bone up on Banksy", by veralynn on Sept 19, 2009 18:25:29 GMT 1, Slight aside, aren't local, regionalisd currency programmes illegal?
Slight aside, aren't local, regionalisd currency programmes illegal?
|
|
craigf
Full Member
Posts โข 8,557
Likes โข 846
May 2007
|
"Bankers bone up on Banksy", by craigf on Sept 19, 2009 18:43:50 GMT 1, If your looking for a solid investment with a guaranteed return you need to go to put your money in a bank with fixed terms and buy cheap copies of pieces you like for the walls. Getting your money back or possibly a return is a bonus. If they have been on the wall and you've enjoyed them not making any money or even losing a bit isn't the end of the world 100% And apologies if I was a bit stroppy earlier - day two of giving up fags (having smoked for over 20 years). "Tetchy" doesnt come close!
Good for you Coach (re the fags)
Hope it starts getting easier for you soon ;D
If your looking for a solid investment with a guaranteed return you need to go to put your money in a bank with fixed terms and buy cheap copies of pieces you like for the walls. Getting your money back or possibly a return is a bonus. If they have been on the wall and you've enjoyed them not making any money or even losing a bit isn't the end of the world 100% And apologies if I was a bit stroppy earlier - day two of giving up fags (having smoked for over 20 years). "Tetchy" doesnt come close! Good for you Coach (re the fags) Hope it starts getting easier for you soon ;D |
|
|
|
"Bankers bone up on Banksy", by rosstierney on Sept 19, 2009 19:09:01 GMT 1, on the subject of investments, i remember a few members have mentioned bullionvault.com
if you use it, especially if you actively trade, exploiting the hour-by-hour rises & falls in the price of gold, to buy low and sell later, i'd appreciate a pm
on the subject of investments, i remember a few members have mentioned bullionvault.com
if you use it, especially if you actively trade, exploiting the hour-by-hour rises & falls in the price of gold, to buy low and sell later, i'd appreciate a pm
|
|
|
|
curiousgeorge
Junior Member
Posts โข 5,833
Likes โข 1,091
March 2007
|
"Bankers bone up on Banksy", by curiousgeorge on Sept 19, 2009 19:22:56 GMT 1, Playing the markets might suit you better Ross, you can set up some false accounts and play with pretend money until you feel confident enough. The gold ship has sailed unless you are investing huge amounts IMHO. I remember a family member talking me into investing in gold back in the early 90's, can't stand the sight of him now but God bless him 
Playing the markets might suit you better Ross, you can set up some false accounts and play with pretend money until you feel confident enough. The gold ship has sailed unless you are investing huge amounts IMHO. I remember a family member talking me into investing in gold back in the early 90's, can't stand the sight of him now but God bless him |
|
|
|
"Bankers bone up on Banksy", by veralynn on Sept 19, 2009 19:31:47 GMT 1, You could short Gold though couldn't you, if you think that ship has sailed?
Surely if you think the 'Global' recession is over (unlike the one in the UK which is only just beginning, UK Plc is fooked thanks to Gordon Brown) then you'd be selling gold and buying pretty much else but?
You'd also like to think the ยฃ can't get any lower against the Euro? I recall seeing a site where you win a prize for being the best 'synthetic' trader but can't remember the name...
You could short Gold though couldn't you, if you think that ship has sailed?
Surely if you think the 'Global' recession is over (unlike the one in the UK which is only just beginning, UK Plc is fooked thanks to Gordon Brown) then you'd be selling gold and buying pretty much else but?
You'd also like to think the ยฃ can't get any lower against the Euro? I recall seeing a site where you win a prize for being the best 'synthetic' trader but can't remember the name...
|
|
denzil
New Member
Posts โข 703
Likes โข 398
April 2009
|
"Bankers bone up on Banksy", by denzil on Sept 19, 2009 19:43:01 GMT 1, www.spankthemonkey.com/
|
|
findtom
New Member
Posts โข 109
Likes โข 0
April 2007
|
"Bankers bone up on Banksy", by findtom on Sept 20, 2009 11:24:02 GMT 1, i do wonder how many have paid ยฃ200-300 for prints stored flat in the good ol acid free folio that will be crying in a years time when no one gives a feck about the street art trend and all they get back ยฃ20-30 squid were are all the framed donuts and monkey mo prints people av been peeing there niks over?
I think this will be true of a lot of artists people are buying up right now, but I don't believe Banksy will be one of them.
i do wonder how many have paid ยฃ200-300 for prints stored flat in the good ol acid free folio that will be crying in a years time when no one gives a feck about the street art trend and all they get back ยฃ20-30 squid were are all the framed donuts and monkey mo prints people av been peeing there niks over? I think this will be true of a lot of artists people are buying up right now, but I don't believe Banksy will be one of them. |
|
spencerlee
New Member
Posts โข 853
Likes โข 27
May 2006
|
"Bankers bone up on Banksy", by spencerlee on Sept 20, 2009 12:39:10 GMT 1, I agree with the last couple of posts.
The huge sums of money spent in the last couple of years on some art in this 'scene' already looks strange and inflated, and as time goes by will look even more so.
I agree with the last couple of posts.
The huge sums of money spent in the last couple of years on some art in this 'scene' already looks strange and inflated, and as time goes by will look even more so.
|
|
|
|
"Bankers bone up on Banksy", by veralynn on Sept 20, 2009 16:38:12 GMT 1, Get out while you can?
Get out while you can?
|
|
curiousgeorge
Junior Member
Posts โข 5,833
Likes โข 1,091
March 2007
|
"Bankers bone up on Banksy", by curiousgeorge on Sept 21, 2009 18:20:26 GMT 1, That was genuine advice Ross,false and pretend have no negative meanings in this context at all.Just that you could try something new without it costing you anything.
That was genuine advice Ross,false and pretend have no negative meanings in this context at all.Just that you could try something new without it costing you anything.
|
|
|
|
"Bankers bone up on Banksy", by veralynn on Sept 21, 2009 18:25:52 GMT 1, Can you recall the site that's offering prizes for 'false' accoounts CG, I think you win a grand if you're the best and so on.....
Can you recall the site that's offering prizes for 'false' accoounts CG, I think you win a grand if you're the best and so on.....
|
|
Don't get me wrong its a great image, but the quality of the print is shocking! 
