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are we all going crazy., by ihate69 on May 19, 2008 20:47:40 GMT 1, quick question:
in 2 / 3 / 5 /10 years time.
is all the money that people spend on urban/street art.
gonna be a waste of money??
as realistically how can people spend as much as they do
on a an original piece and then realistically expect in 5 - 10 years
for it to be a solid financial investment.
(weve all seen the banksy effect but was that a one off)
i know we would all love this amazing type of art to increase and be taken seriously in the long term, but will it?
dont get me wrong i love it i am a collector of things i love and can afford
but would never realistically spend that on an original.
and not sure if i would if i could.
cause it may go up and down as the artists become more fashionable but fashions change
and i guess so does the markets.
are we all going crazy.
or are we very astute buying this art now.
discuss....
quick question:
in 2 / 3 / 5 /10 years time.
is all the money that people spend on urban/street art.
gonna be a waste of money??
as realistically how can people spend as much as they do
on a an original piece and then realistically expect in 5 - 10 years
for it to be a solid financial investment.
(weve all seen the banksy effect but was that a one off)
i know we would all love this amazing type of art to increase and be taken seriously in the long term, but will it?
dont get me wrong i love it i am a collector of things i love and can afford
but would never realistically spend that on an original.
and not sure if i would if i could.
cause it may go up and down as the artists become more fashionable but fashions change
and i guess so does the markets.
are we all going crazy.
or are we very astute buying this art now.
discuss....
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bullet
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are we all going crazy., by bullet on May 19, 2008 20:49:23 GMT 1, crazy is as crazy does
-Forrest Gump
crazy is as crazy does
-Forrest Gump
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BK83
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are we all going crazy., by BK83 on May 19, 2008 20:50:07 GMT 1, Ask me again in 2/3/5/10 years time. I will let you know.
Ask me again in 2/3/5/10 years time. I will let you know.
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funster
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October 2006
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are we all going crazy., by funster on May 19, 2008 20:51:17 GMT 1, Most of the things I've bought will be financially worthless, but immensly important and valuablde to me on a personal level.
Most of the things I've bought will be financially worthless, but immensly important and valuablde to me on a personal level.
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Michael Jacob
Artist
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October 2006
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are we all going crazy., by Michael Jacob on May 19, 2008 20:52:02 GMT 1, i was born crazy!
Good points, and unfortunately only time will tell. My guess (and I know many other forum members agree) is that one or two will stand the test of time. I would put my money on Banksy as one of them. As time passes, collectors and museums will probably only remember the "big hitters." If you sat down and wrote every artist you know from the beginning youll see only a handful from each time frame. Anyway, thats my two cents worth.
crazy Jake
i was born crazy!
Good points, and unfortunately only time will tell. My guess (and I know many other forum members agree) is that one or two will stand the test of time. I would put my money on Banksy as one of them. As time passes, collectors and museums will probably only remember the "big hitters." If you sat down and wrote every artist you know from the beginning youll see only a handful from each time frame. Anyway, thats my two cents worth.
crazy Jake
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are we all going crazy., by grantb on May 19, 2008 20:54:58 GMT 1, big ones will hold the value.
big ones will hold the value.
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are we all going crazy., by orangematt on May 19, 2008 20:55:04 GMT 1, Its just a ride - enjoy it - have a laugh .
it aint about financial investment - if you want a sound investment put your money in a bank.. theres no such thing as a guarantee - diamonds / gold / antiques/ art / stamps ! all go up in value or become worthless with no rhyme or reason !!
why spend ยฃ1000 on a computer when twelve months time its worth ยฃ500 / why buy a new car when a year later its less than half the price / why spend on anything ....
Because we can .... its pure indulgence .
oh and always remember what you think is alot of money someone will see as less than small change .. that goes all the way up .. to some a quid is alot .. to others a million aint s**t !
Its just a ride - enjoy it - have a laugh .
it aint about financial investment - if you want a sound investment put your money in a bank.. theres no such thing as a guarantee - diamonds / gold / antiques/ art / stamps ! all go up in value or become worthless with no rhyme or reason !!
why spend ยฃ1000 on a computer when twelve months time its worth ยฃ500 / why buy a new car when a year later its less than half the price / why spend on anything ....
Because we can .... its pure indulgence .
oh and always remember what you think is alot of money someone will see as less than small change .. that goes all the way up .. to some a quid is alot .. to others a million aint s**t !
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instinct
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are we all going crazy., by instinct on May 19, 2008 20:58:31 GMT 1, yes we are all going crazy! as for our endeavours being astute that depends on what you are buying! i have bought some turkeys over the years (dave white, futura etc) but then have made some good investments too. ultimately though i have only bought the things that i love... things that challenge me and that force me to ask questions about what state i think the western world is in right now. crazy... yes! a little more clear about where im at in relation to the world around me... yes! skint........ deffo yes!!!!
yes we are all going crazy! as for our endeavours being astute that depends on what you are buying! i have bought some turkeys over the years (dave white, futura etc) but then have made some good investments too. ultimately though i have only bought the things that i love... things that challenge me and that force me to ask questions about what state i think the western world is in right now. crazy... yes! a little more clear about where im at in relation to the world around me... yes! skint........ deffo yes!!!!
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bullet
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are we all going crazy., by bullet on May 19, 2008 20:58:53 GMT 1, Its just a ride - enjoy it - have a laugh . it aint about financial investment - if you want a sound investment put your money in a bank.. theres no such thing as a guarantee - diamonds / gold / antiques/ art / stamps ! all go up in value or become worthless with no rhyme or reason !! why spend ยฃ100 on a computer when twelve months time its worth ยฃ500 / why buy a new car when a year later its less than half the price / why spend on anything .... Because we can .... its pure indulgence . oh and always remember what you think is alot of money someone will see as less than small change .. that goes all the way up .. to some a quid is alot .. to others a million aint s**t !
just on the computer note SPQR. Take it your talking about PC's?
Get a mac...
;D
Its just a ride - enjoy it - have a laugh . it aint about financial investment - if you want a sound investment put your money in a bank.. theres no such thing as a guarantee - diamonds / gold / antiques/ art / stamps ! all go up in value or become worthless with no rhyme or reason !! why spend ยฃ100 on a computer when twelve months time its worth ยฃ500 / why buy a new car when a year later its less than half the price / why spend on anything .... Because we can .... its pure indulgence . oh and always remember what you think is alot of money someone will see as less than small change .. that goes all the way up .. to some a quid is alot .. to others a million aint s**t ! just on the computer note SPQR. Take it your talking about PC's? Get a mac... ;D |
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are we all going crazy., by griffermans on May 19, 2008 21:00:45 GMT 1, Mr. Chelsea will testify to that!
Mr. Chelsea will testify to that!
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headzup
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January 2008
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are we all going crazy., by headzup on May 19, 2008 21:01:24 GMT 1, great point(s) stopki.
this is all like the general economy right now. people want to live in nice houses in nice areas. the houses in not such nice areas, but near by, used to get a boost when sold. banksy = the nice houses....we all want one. the lesser, upcoming artist are more risk, worth a few quid BUT when it all goes pete tong it's the banksy's which still keep the price.
i think banksy (& hirst) is only one that will keep its price sensitivity, others will follow but the risk is greater. look at the hype around am, nw and d* - in todays market, if you can afford it then they are all well priced, not over priced when flipped on the bay.
it's tight and getting tighter. bleks stuff on brp would have sold in a flash this 6 months ago. unless we love it, we can't afford to take the risk.....
great point(s) stopki.
this is all like the general economy right now. people want to live in nice houses in nice areas. the houses in not such nice areas, but near by, used to get a boost when sold. banksy = the nice houses....we all want one. the lesser, upcoming artist are more risk, worth a few quid BUT when it all goes pete tong it's the banksy's which still keep the price.
i think banksy (& hirst) is only one that will keep its price sensitivity, others will follow but the risk is greater. look at the hype around am, nw and d* - in todays market, if you can afford it then they are all well priced, not over priced when flipped on the bay.
it's tight and getting tighter. bleks stuff on brp would have sold in a flash this 6 months ago. unless we love it, we can't afford to take the risk.....
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killerkellah
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are we all going crazy., by killerkellah on May 19, 2008 21:01:39 GMT 1, rule number one of buying art, buy stuff you like.
if your buying to speculate expect ups and downs and prepare to lose.
in 20 years time, people will hopefully look back at the Urban / Street call it what you like scene, in the same way they look at the Pop Artists or the Surealists.
Only time will tell I suppose, if I knew the answer to this I'd be very rich by now.
rule number one of buying art, buy stuff you like.
if your buying to speculate expect ups and downs and prepare to lose.
in 20 years time, people will hopefully look back at the Urban / Street call it what you like scene, in the same way they look at the Pop Artists or the Surealists.
Only time will tell I suppose, if I knew the answer to this I'd be very rich by now.
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are we all going crazy., by dh on May 19, 2008 21:01:48 GMT 1, I can only see Urban/Street art becoming more popular, the thing is will the artist you have spent ยฃ's on. If you want art as an investment then put your money on the big boys (Banksy, Faile, Walker, Neate etc) people have paid out big money for there work already. I am sure they will be remembered.
I can only see Urban/Street art becoming more popular, the thing is will the artist you have spent ยฃ's on. If you want art as an investment then put your money on the big boys (Banksy, Faile, Walker, Neate etc) people have paid out big money for there work already. I am sure they will be remembered.
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clipit101
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are we all going crazy., by clipit101 on May 19, 2008 21:03:32 GMT 1, Well put SPQR i dont think that could of been put better. I buy what i like at the time if one day i decide i dont like it i sell it but i know that what i have bought i have been able to afford. Some people gamble some people drink i on the other hand buy pretty pictures which force me to drink and gamble lol
Well put SPQR i dont think that could of been put better. I buy what i like at the time if one day i decide i dont like it i sell it but i know that what i have bought i have been able to afford. Some people gamble some people drink i on the other hand buy pretty pictures which force me to drink and gamble lol
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grafffan
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are we all going crazy., by grafffan on May 19, 2008 21:03:32 GMT 1, Dude...amen!!! You hit it right on the nose!!! Very well said and put!!! Said what some people are so consumed by...started a new post about untalked about artist and had one comment...crazy! Maybe if it said something about eBay then people would have got all excited...
Very well said Matt...
Dude...amen!!! You hit it right on the nose!!! Very well said and put!!! Said what some people are so consumed by...started a new post about untalked about artist and had one comment...crazy! Maybe if it said something about eBay then people would have got all excited...
Very well said Matt...
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killerkellah
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September 2007
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are we all going crazy., by killerkellah on May 19, 2008 21:07:57 GMT 1, end of the day its not in peoples interests to devalue the art scene
whether it be the auction houses, the artists, the buyers, the galleries. A healthy scene is a profitable one.
end of the day its not in peoples interests to devalue the art scene
whether it be the auction houses, the artists, the buyers, the galleries. A healthy scene is a profitable one.
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are we all going crazy., by grantb on May 19, 2008 21:09:35 GMT 1, I can only see Urban/Street art becoming more popular, the thing is will the artist you have spent ยฃ's on. If you want art as an investment then put your money on the big boys (Banksy, Faile, Walker, Neate etc) people have paid out big money for there work already. I am sure they will be remembered.
i think this is very true statement. i think the main artists will hold a lot of value. . at the end of the day its another form of art just like any other art that has held its value and sells for silly prices. the more people that want the work will pay the high prices.
I can only see Urban/Street art becoming more popular, the thing is will the artist you have spent ยฃ's on. If you want art as an investment then put your money on the big boys (Banksy, Faile, Walker, Neate etc) people have paid out big money for there work already. I am sure they will be remembered. i think this is very true statement. i think the main artists will hold a lot of value. . at the end of the day its another form of art just like any other art that has held its value and sells for silly prices. the more people that want the work will pay the high prices. |
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clipit101
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are we all going crazy., by clipit101 on May 19, 2008 21:13:25 GMT 1, I get the feeling that more and more people are trying to find art in absoluptly anything they can sell. Just my opinion but i think people will be moving on to supposedly bigger and better things. On the other hand everything i just said is horse shit
I get the feeling that more and more people are trying to find art in absoluptly anything they can sell. Just my opinion but i think people will be moving on to supposedly bigger and better things. On the other hand everything i just said is horse shit
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are we all going crazy., by iwouldfollow youanywhere on May 19, 2008 21:15:51 GMT 1, big ones will hold the value.
i'm not sure what that means.
are you talking literally lol
big ones will hold the value. i'm not sure what that means. are you talking literally lol |
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aginghippie
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are we all going crazy., by aginghippie on May 19, 2008 21:18:47 GMT 1, If you are looking for a safe(ish) bet then buy an artist with an auction record that is at least 10 years old. Buy this art because you like it and not as an investment unless you have a lot of money.
If you are looking for a safe(ish) bet then buy an artist with an auction record that is at least 10 years old. Buy this art because you like it and not as an investment unless you have a lot of money.
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spirit
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are we all going crazy., by spirit on May 19, 2008 21:21:03 GMT 1, Bear in mind that by asking this question here - a forum full of people that have bought varying amounts of street art that they hope will increase in value - you are always going to get a positive bias in the responses you get.
If I had to put my money on one artist for the long term it would be Neate more than Banksy because I thinks Neate's work transcends the street art scene and will survive it's eventual demise whereas Banksy (who is seen as the head of this scene) is intrinsically linked to it.
That's what my crystal ball says anyway. I am currently consulting the tea leaves for confirmation.
I wish I didn't believe this as I have 3 Banksy's and no Neate's.
Bear in mind that by asking this question here - a forum full of people that have bought varying amounts of street art that they hope will increase in value - you are always going to get a positive bias in the responses you get.
If I had to put my money on one artist for the long term it would be Neate more than Banksy because I thinks Neate's work transcends the street art scene and will survive it's eventual demise whereas Banksy (who is seen as the head of this scene) is intrinsically linked to it.
That's what my crystal ball says anyway. I am currently consulting the tea leaves for confirmation.
I wish I didn't believe this as I have 3 Banksy's and no Neate's.
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are we all going crazy., by iwouldfollow youanywhere on May 19, 2008 21:22:09 GMT 1, I get the feeling that more and more people are trying to find art in absoluptly anything they can sell. Just my opinion but i think people will be moving on to supposedly bigger and better things. On the other hand everything i just said is horse s**t
jesus
thanks for that insight lmao
for me a lot of people will get burned on some things they buy - and indeed are starting to now.
paying good money on a hunch/whim and finding it becomes unpopular quickly (lupa for example)
I get the feeling that more and more people are trying to find art in absoluptly anything they can sell. Just my opinion but i think people will be moving on to supposedly bigger and better things. On the other hand everything i just said is horse s**t jesus thanks for that insight lmao for me a lot of people will get burned on some things they buy - and indeed are starting to now. paying good money on a hunch/whim and finding it becomes unpopular quickly (lupa for example) |
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are we all going crazy., by grantb on May 19, 2008 21:26:53 GMT 1, big ones will hold the value. i'm not sure what that means. are you talking literally lol
lol i mean the bigger more well known artists
big ones will hold the value. i'm not sure what that means. are you talking literally lol lol i mean the bigger more well known artists |
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spirit
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are we all going crazy., by spirit on May 19, 2008 21:27:27 GMT 1, If you are looking for a safe(ish) bet then buy an artist with an auction record that is at least 10 years old. Buy this art because you like it and not as an investment unless you have a lot of money.
That is doubtless true if you have a lot of money to invest - but you can't buy many artists work with a ten year auction history for a couple of hundred quid can you. A lot of the attraction of this scene as an investment is that people are hoping they are getting in early and that their relatively small investments now will be worth a fortune years down the line.
If you are looking for a safe(ish) bet then buy an artist with an auction record that is at least 10 years old. Buy this art because you like it and not as an investment unless you have a lot of money. That is doubtless true if you have a lot of money to invest - but you can't buy many artists work with a ten year auction history for a couple of hundred quid can you. A lot of the attraction of this scene as an investment is that people are hoping they are getting in early and that their relatively small investments now will be worth a fortune years down the line. |
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are we all going crazy., by iwouldfollow youanywhere on May 19, 2008 21:31:54 GMT 1, That is doubtless true if you have a lot of money to invest - but you can't buy many artists work with a ten year auction history for a couple of hundred quid can you. A lot of the attraction of this scene as an investment is that people are hoping they are getting in early and that their relatively small investments now will be worth a fortune years down the line.
this is the danger
you need a good eye to sort the gems from the shite, and not everyone has it
That is doubtless true if you have a lot of money to invest - but you can't buy many artists work with a ten year auction history for a couple of hundred quid can you. A lot of the attraction of this scene as an investment is that people are hoping they are getting in early and that their relatively small investments now will be worth a fortune years down the line. this is the danger you need a good eye to sort the gems from the shite, and not everyone has it |
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are we all going crazy., by felix on May 19, 2008 21:44:15 GMT 1, why spend ยฃ100 on a computer when twelve months time its worth ยฃ500
Huh!? where do I buy these computers...
why spend ยฃ100 on a computer when twelve months time its worth ยฃ500 Huh!? where do I buy these computers... |
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dmandpenfold
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December 2006
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are we all going crazy., by dmandpenfold on May 19, 2008 21:44:32 GMT 1, crazy is as crazy does -Forrest Gump
think you'll find it's stupid is as stupid does 
crazy is as crazy does -Forrest Gump think you'll find it's stupid is as stupid does |
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are we all going crazy., by orangematt on May 19, 2008 21:45:45 GMT 1, why spend ยฃ100 on a computer when twelve months time its worth ยฃ500 Huh!? where do I buy these computers...
LOL -- yeah i wish !!
i think you know i missed a zero - shoudlve been ยฃ1000
why spend ยฃ100 on a computer when twelve months time its worth ยฃ500 Huh!? where do I buy these computers... LOL -- yeah i wish !! i think you know i missed a zero - shoudlve been ยฃ1000 |
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are we all going crazy., by arcam on May 19, 2008 21:46:12 GMT 1, why spend ยฃ100 on a computer when twelve months time its worth ยฃ500 Huh!? where do I buy these computers...
lol
why spend ยฃ100 on a computer when twelve months time its worth ยฃ500 Huh!? where do I buy these computers... lol |
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clipit101
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are we all going crazy., by clipit101 on May 19, 2008 21:51:58 GMT 1, IMOA ask Mr lloyd webber he seems to have done alright with his hunches over the many centuarys of his life
IMOA ask Mr lloyd webber he seems to have done alright with his hunches over the many centuarys of his life
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