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balibob
Junior Member
Posts โข 1,782
Likes โข 326
November 2010
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Bonhams Urban Art Auction 21st September, by balibob on Sept 22, 2011 12:37:31 GMT 1, Thanks for posting Dan
Thanks for posting Dan
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eschiff
Junior Member
Posts โข 2,062
Likes โข 995
January 2010
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Bonhams Urban Art Auction 21st September, by eschiff on Sept 22, 2011 12:45:06 GMT 1, There are plenty of people that want a signed Banksy, and for them the most secure way of getting it is via an auction house. It gives them legitimacy and peace of mind. It is also a direct way of receiving it. You bid, you pay, you collect. Simple. ( Unlike trying to do deals on here at times. )
true, and in fairness, for some people an extra couple grand makes no difference.
wish i had sold some of my prints at auction though, man, that's crazy. have no idea how much the seller nets though
There are plenty of people that want a signed Banksy, and for them the most secure way of getting it is via an auction house. It gives them legitimacy and peace of mind. It is also a direct way of receiving it. You bid, you pay, you collect. Simple. ( Unlike trying to do deals on here at times. ) true, and in fairness, for some people an extra couple grand makes no difference. wish i had sold some of my prints at auction though, man, that's crazy. have no idea how much the seller nets though
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Bonhams Urban Art Auction 21st September, by des77 on Sept 22, 2011 13:06:14 GMT 1, Interesting that I now get the PM's re a CND ;D But seriously, shouldn't someone post the figures that the sellers receive net of fees and vat etc.. ? This will avoid the 'xx sold at Auction for xx' posts we will now be seeing over the coming months.If a signed VM sold for ยฃ3.5k - after fees the seller might have received ยฃ2.7k (for arguments sake as I have no idea of commission rates and vat etc.. at auction) This would be a better price to quote / compare future sales at? Just IMO of course
Personally I think quoting any last sale as a guide doesn't really work, especially with a crazy result like this !... thats how bubbles are made. Things like this show just how easy it is to manipulate the market.
Interesting that I now get the PM's re a CND ;D But seriously, shouldn't someone post the figures that the sellers receive net of fees and vat etc.. ? This will avoid the 'xx sold at Auction for xx' posts we will now be seeing over the coming months.If a signed VM sold for ยฃ3.5k - after fees the seller might have received ยฃ2.7k (for arguments sake as I have no idea of commission rates and vat etc.. at auction) This would be a better price to quote / compare future sales at? Just IMO of course Personally I think quoting any last sale as a guide doesn't really work, especially with a crazy result like this !... thats how bubbles are made. Things like this show just how easy it is to manipulate the market.
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Bonhams Urban Art Auction 21st September, by Daniel Silk on Sept 22, 2011 13:42:16 GMT 1, My first look at the results, and Im amazed!
Eelus Wot U lookin' at ยฃ1,625 K-Guy Coke Moss, Zero Kate ยฃ1,625 Eine S Iz for Scary ยฃ2,000 D*Face Death or Glory signed mixed media and collage on paper ยฃ7,750
My first look at the results, and Im amazed! Eelus Wot U lookin' at ยฃ1,625 K-Guy Coke Moss, Zero Kate ยฃ1,625 Eine S Iz for Scary ยฃ2,000 D*Face Death or Glory signed mixed media and collage on paper ยฃ7,750
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eschiff
Junior Member
Posts โข 2,062
Likes โข 995
January 2010
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Bonhams Urban Art Auction 21st September, by eschiff on Sept 22, 2011 13:59:08 GMT 1, Personally I think quoting any last sale as a guide doesn't really work, especially with a crazy result like this !... thats how bubbles are made. Things like this show just how easy it is to manipulate the market.
well put
Personally I think quoting any last sale as a guide doesn't really work, especially with a crazy result like this !... thats how bubbles are made. Things like this show just how easy it is to manipulate the market. well put
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Collection 1
Junior Member
Posts โข 2,759
Likes โข 1,423
April 2009
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Bonhams Urban Art Auction 21st September, by Collection 1 on Sept 22, 2011 14:06:49 GMT 1, Thanks Silky for the pics! Any chance to see the Swoon and the herakut ?
Thanks Silky for the pics! Any chance to see the Swoon and the herakut ?
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Shoot Again
Junior Member
Posts โข 5,519
Likes โข 2,694
April 2011
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Bonhams Urban Art Auction 21st September, by Shoot Again on Sept 22, 2011 14:30:36 GMT 1, Here is the SWOON ;-)
Here is the SWOON ;-)
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sakyamuni
Junior Member
Posts โข 2,451
Likes โข 1,671
July 2009
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Bonhams Urban Art Auction 21st September, by sakyamuni on Sept 22, 2011 14:36:45 GMT 1, can't believe the price of the Herakut
can't believe the price of the Herakut
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nacional
Junior Member
Posts โข 1,734
Likes โข 227
August 2007
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Bonhams Urban Art Auction 21st September, by nacional on Sept 22, 2011 17:53:39 GMT 1, Strange things happen at auction....things can be a steal or you can get caught up in the whole thing and make silly bids....lots of us have been there!!!!!
Strange things happen at auction....things can be a steal or you can get caught up in the whole thing and make silly bids....lots of us have been there!!!!!
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chrisps303
Junior Member
Posts โข 1,006
Likes โข 0
December 2006
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Bonhams Urban Art Auction 21st September, by chrisps303 on Sept 22, 2011 19:12:50 GMT 1, Cool pics, thanks for posting silky.
Cool pics, thanks for posting silky.
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Hubble Bubble
Junior Member
Posts โข 4,098
Likes โข 3,532
December 2010
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Bonhams Urban Art Auction 21st September, by Hubble Bubble on Sept 22, 2011 19:35:59 GMT 1, Yeah great work, Dan. Really fantastic photos. Not been to auction and this gave a real insight into the works...
Yeah great work, Dan. Really fantastic photos. Not been to auction and this gave a real insight into the works...
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mycanoe
New Member
Posts โข 11
Likes โข 0
September 2009
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Bonhams Urban Art Auction 21st September, by mycanoe on Sept 22, 2011 20:29:26 GMT 1, A mate of mine works at an auction house and says the big ones charge the seller up to 20% of the hammer price, unless they're regular customers or have a particularly desirable piece, in which case it's lower.
So the seller of the CND got atleast ยฃ8,800, probably more, but still a bit less juicy than if you just read the hammer price.
What with the 25% buyers rate on the hammer price too the auction houses must absolutely rake it in!!
A mate of mine works at an auction house and says the big ones charge the seller up to 20% of the hammer price, unless they're regular customers or have a particularly desirable piece, in which case it's lower.
So the seller of the CND got atleast ยฃ8,800, probably more, but still a bit less juicy than if you just read the hammer price.
What with the 25% buyers rate on the hammer price too the auction houses must absolutely rake it in!!
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popmozz
New Member
Posts โข 678
Likes โข 9
November 2009
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Bonhams Urban Art Auction 21st September, by popmozz on Sept 23, 2011 13:51:08 GMT 1, thanks for the pics, love that swoon. and the precision bombing was a steal....
thanks for the pics, love that swoon. and the precision bombing was a steal....
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dkla
New Member
Posts โข 673
Likes โข 74
February 2007
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Bonhams Urban Art Auction 21st September, by dkla on Sept 23, 2011 14:34:54 GMT 1, I just heard - wild showing for CND Soldiers yesterday! As you all know, my fave Banksy print. Two or more bidders must've really wanted that print badly...
I just heard - wild showing for CND Soldiers yesterday! As you all know, my fave Banksy print. Two or more bidders must've really wanted that print badly...
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