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The next Bonhams Urban Art Auction in LA - 29 Oct, by Elephants and Castles on Oct 31, 2012 22:17:47 GMT 1, I was in the room and at the preview, a bit dissapointing to be honest....Too many Banksy prints and many of them in bad condition in the frames, The Shepard canvas that the owner had let his son add beer bottles too and mirrored mosiac pieces....The Kaws print was hanging off it's sticky corners in the frame....strange timing too should have been a morning auction to cater for the international buyers. It could have been publicized way more too, I only stumbled across it by chance I think Bonhams should look at doing some PR in future before a big event like this.
I was in the room and at the preview, a bit dissapointing to be honest....Too many Banksy prints and many of them in bad condition in the frames, The Shepard canvas that the owner had let his son add beer bottles too and mirrored mosiac pieces....The Kaws print was hanging off it's sticky corners in the frame....strange timing too should have been a morning auction to cater for the international buyers. It could have been publicized way more too, I only stumbled across it by chance I think Bonhams should look at doing some PR in future before a big event like this.
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The next Bonhams Urban Art Auction in LA - 29 Oct, by Phear Loathing on Nov 1, 2012 6:32:14 GMT 1, Worst auction I've ever attended. They didn't even bother to wipe down the filthy frames. Poor execution all the way around. And it showed.
Yea the frames were filthy and a lot of the works in general just looked beat.
Why would they even allow that shep piece in? That hard up?
Is the khaki cyw really two-toned or was it rippled? Never had seen a khaki irl, but it didn't look great by any means.
Worst auction I've ever attended. They didn't even bother to wipe down the filthy frames. Poor execution all the way around. And it showed. Yea the frames were filthy and a lot of the works in general just looked beat. Why would they even allow that shep piece in? That hard up? Is the khaki cyw really two-toned or was it rippled? Never had seen a khaki irl, but it didn't look great by any means.
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johnnyh
Junior Member
Posts • 4,492
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March 2011
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The next Bonhams Urban Art Auction in LA - 29 Oct, by johnnyh on Nov 1, 2012 10:18:00 GMT 1, Interesting little article although can see their point it's really up to the owner of the piece and the buyer as it were. To a certain extent when they sold the piece in the first place they threw away their rights as it were. Similarly not many artists putting their work out cheaply. NW prices went up based on these auction figures and the secondary market as did Banksy's etc.
Interesting comments from Pest Control considering they authenticate these pieces with a really quick turn around for the auction houses and take their calls on any queries. So they support the auction houses better than they support standard owners. I know this for a fact as I saw some of their emails to Bonhams a while back.
I do sympathies though with the sub standard pieces comment that they have no control over or street pieces or the Shep type piece that has been altered but still promoted as his piece
Interesting little article although can see their point it's really up to the owner of the piece and the buyer as it were. To a certain extent when they sold the piece in the first place they threw away their rights as it were. Similarly not many artists putting their work out cheaply. NW prices went up based on these auction figures and the secondary market as did Banksy's etc.
Interesting comments from Pest Control considering they authenticate these pieces with a really quick turn around for the auction houses and take their calls on any queries. So they support the auction houses better than they support standard owners. I know this for a fact as I saw some of their emails to Bonhams a while back.
I do sympathies though with the sub standard pieces comment that they have no control over or street pieces or the Shep type piece that has been altered but still promoted as his piece
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nex
Junior Member
Posts • 2,573
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February 2009
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The next Bonhams Urban Art Auction in LA - 29 Oct, by nex on Nov 1, 2012 10:31:18 GMT 1, So they support the auction houses better than they support standard owners. I know this for a fact as I saw some of their emails to Bonhams a while back.
well I'm a 'standard owner' and I've always had an exemplary service from PC , so please don't speak for me
So they support the auction houses better than they support standard owners. I know this for a fact as I saw some of their emails to Bonhams a while back. well I'm a 'standard owner' and I've always had an exemplary service from PC , so please don't speak for me
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anbesivam1
Junior Member
Posts • 1,493
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February 2012
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The next Bonhams Urban Art Auction in LA - 29 Oct, by anbesivam1 on Nov 1, 2012 11:17:51 GMT 1,
Interesting to hear Revok's experience. However, I think the article is not very balanced and poorly written (this maybe due to a word limit on the publication).
All artists today are able claim "Droit de suite" (resale rights) for sales over 1000euros in auction sales within Europe through royalty agencies such as DACS. Until May of this year they could also claim it in the United States. However, this year it was ruled unconstitutional and against the 1st sale commerce doctrine...this has however been re-opened for consultation & due to report this month.
Artists can also get the buyer (via a gallery) to enter into a contractual no resale period. Some galleries do this routinely.
As urban art galleries are relatively-speaking "young", they haven't really offered these services to their artists.
Anyway, my point is that artists do have some instruments at their disposal to ensure their work is protected and that they do receive a royalty on resale. However, it is easier said than done. No question.
Auction houses wouldn't be able to function if every artist called asking to pull a sale. I feel the seller of the piece needs to put his/her side of the story across. Surely Revok and the seller could have come to an amicable settlement. Especially if he was offering to replace the piece with a higher quality one of equivalent or greater value, in order to protect his perceived technical skills to the market.
We may yet find out the full story.
Interesting to hear Revok's experience. However, I think the article is not very balanced and poorly written (this maybe due to a word limit on the publication). All artists today are able claim "Droit de suite" (resale rights) for sales over 1000euros in auction sales within Europe through royalty agencies such as DACS. Until May of this year they could also claim it in the United States. However, this year it was ruled unconstitutional and against the 1st sale commerce doctrine...this has however been re-opened for consultation & due to report this month. Artists can also get the buyer (via a gallery) to enter into a contractual no resale period. Some galleries do this routinely. As urban art galleries are relatively-speaking "young", they haven't really offered these services to their artists. Anyway, my point is that artists do have some instruments at their disposal to ensure their work is protected and that they do receive a royalty on resale. However, it is easier said than done. No question. Auction houses wouldn't be able to function if every artist called asking to pull a sale. I feel the seller of the piece needs to put his/her side of the story across. Surely Revok and the seller could have come to an amicable settlement. Especially if he was offering to replace the piece with a higher quality one of equivalent or greater value, in order to protect his perceived technical skills to the market. We may yet find out the full story.
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johnnyh
Junior Member
Posts • 4,492
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March 2011
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The next Bonhams Urban Art Auction in LA - 29 Oct, by johnnyh on Nov 1, 2012 16:40:47 GMT 1, So they support the auction houses better than they support standard owners. I know this for a fact as I saw some of their emails to Bonhams a while back. well I'm a 'standard owner' and I've always had an exemplary service from PC , so please don't speak for me
So if you ring them up they will look up the last owner and send you an email authenticating the piece for you. That's what they do for Bonhams plus supply a COA within two days You may get that but not sure that is a standard owner or buyer service. I did not however criticize their service just commenting that they do offer things to the big auction houses that is above normal just as they may do to certain galleries nothing wrong with that its understandable. The point I was making in the article they make out they dislike the auctions but they do actively go out of heir way to support the process. Like wise in the UK Banksy gets Artist rights something he does not get in the US for example
Should also commen that I haver never had any service problems or issues with PC so I am not negging them. Although I assume it may have been you who negged me ;D peace and love
So they support the auction houses better than they support standard owners. I know this for a fact as I saw some of their emails to Bonhams a while back. well I'm a 'standard owner' and I've always had an exemplary service from PC , so please don't speak for me So if you ring them up they will look up the last owner and send you an email authenticating the piece for you. That's what they do for Bonhams plus supply a COA within two days You may get that but not sure that is a standard owner or buyer service. I did not however criticize their service just commenting that they do offer things to the big auction houses that is above normal just as they may do to certain galleries nothing wrong with that its understandable. The point I was making in the article they make out they dislike the auctions but they do actively go out of heir way to support the process. Like wise in the UK Banksy gets Artist rights something he does not get in the US for example Should also commen that I haver never had any service problems or issues with PC so I am not negging them. Although I assume it may have been you who negged me ;D peace and love
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The next Bonhams Urban Art Auction in LA - 29 Oct, by chyren on Nov 1, 2012 16:47:47 GMT 1, What s PC phone number??
I never get replies to my mails
What s PC phone number??
I never get replies to my mails
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Simococo
Junior Member
Posts • 3,137
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April 2007
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The next Bonhams Urban Art Auction in LA - 29 Oct, by Simococo on Nov 1, 2012 16:53:52 GMT 1, Primary gallery prices for many urban artists are still way way too high. No wonder they and the artists don't relish auctions.
Primary gallery prices for many urban artists are still way way too high. No wonder they and the artists don't relish auctions.
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anodyne13
New Member
Posts • 432
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April 2008
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The next Bonhams Urban Art Auction in LA - 29 Oct, by anodyne13 on Nov 2, 2012 5:30:15 GMT 1, Primary gallery prices for many urban artists are still way way too high. No wonder they and the artists don't relish auctions.
I thought that most of the prices for the pieces were in line with what I tought was reasonable. The Banksy pieces were small and if I recall some multiple editions so I'm Nottoo surprised they didn't sell. Also there we're a lot of what I might call fringe urban artists here. I try to think how many "urban" artists will be relevant as part of the urban art movement 20 years from now. I can't think it would be more than 5 or 6.
Primary gallery prices for many urban artists are still way way too high. No wonder they and the artists don't relish auctions. I thought that most of the prices for the pieces were in line with what I tought was reasonable. The Banksy pieces were small and if I recall some multiple editions so I'm Nottoo surprised they didn't sell. Also there we're a lot of what I might call fringe urban artists here. I try to think how many "urban" artists will be relevant as part of the urban art movement 20 years from now. I can't think it would be more than 5 or 6.
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Simococo
Junior Member
Posts • 3,137
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April 2007
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The next Bonhams Urban Art Auction in LA - 29 Oct, by Simococo on Nov 2, 2012 12:13:28 GMT 1, Kaws, Os Gemeos, Banksy, McGee and Shep seem to be the only chaps really interesting the money and museums. But I suppose that's not the point.
Kaws, Os Gemeos, Banksy, McGee and Shep seem to be the only chaps really interesting the money and museums. But I suppose that's not the point.
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Shoot Again
Junior Member
Posts • 5,519
Likes • 2,694
April 2011
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charlie
New Member
Posts • 533
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October 2008
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The next Bonhams Urban Art Auction in LA - 29 Oct, by charlie on Nov 5, 2012 10:22:25 GMT 1, Maybe I missed it in the streams of negative posts in this thread, but did people not see this one - Banksy Khaki CYW print sold at $17,500.....?!
www.bonhams.com/auctions/20511/lot/22/
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johnnyh
Junior Member
Posts • 4,492
Likes • 2,102
March 2011
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The next Bonhams Urban Art Auction in LA - 29 Oct, by johnnyh on Nov 5, 2012 11:53:34 GMT 1, Charlie that's the point of an auction and a good auction house finding people who want the pieces. This auction had few of those hence bad for sellers with the odd exception. However the plus of this was it was a pretty good auction for buyers as not many people competing for the pieces so there were some good buys and a lot of no sales and of course a few good sales such as the one you mention. That seller did well
Charlie that's the point of an auction and a good auction house finding people who want the pieces. This auction had few of those hence bad for sellers with the odd exception. However the plus of this was it was a pretty good auction for buyers as not many people competing for the pieces so there were some good buys and a lot of no sales and of course a few good sales such as the one you mention. That seller did well
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primetime
New Member
Posts • 46
Likes • 3
January 2011
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The next Bonhams Urban Art Auction in LA - 29 Oct, by primetime on Dec 5, 2012 4:16:27 GMT 1, I would be interested in talking with the owners of the "winnie the pooh" and the invader if they are out there. Please PM me if you are/know them. thanks
I would be interested in talking with the owners of the "winnie the pooh" and the invader if they are out there. Please PM me if you are/know them. thanks
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Photoxtc
Junior Member
Posts • 2,495
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July 2007
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The next Bonhams Urban Art Auction in LA - 29 Oct, by Photoxtc on Dec 9, 2012 19:58:28 GMT 1, I was going to submit a piece to this auction and the complete ignorance of the people I talked with was a real turn off, absolute zero knowledge of this market and the pieces involved with it... After about 5 or 6 emails back and forth with these people and trying to explain what I had, they finally transferred me to someone that finnnaly knew/understood what I had, by that time I just said F* it and washed my hands of it all.... After seeing the lackluster results, I'm glad I didn't waste my time...
I was going to submit a piece to this auction and the complete ignorance of the people I talked with was a real turn off, absolute zero knowledge of this market and the pieces involved with it... After about 5 or 6 emails back and forth with these people and trying to explain what I had, they finally transferred me to someone that finnnaly knew/understood what I had, by that time I just said F* it and washed my hands of it all.... After seeing the lackluster results, I'm glad I didn't waste my time...
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bmac
New Member
Posts • 2
Likes • 0
October 2012
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The next Bonhams Urban Art Auction in LA - 29 Oct, by bmac on Dec 16, 2012 8:07:30 GMT 1, i spoke to a bonhams rep in LA (they had a booth at a conference i was attending, that really had zero to do with art). they claimed that they thought it went well after i mentioned how many pieces went unsold and the prices on some. what else are they going to say i suppose? i did get a free auction catalog out of it though, so that was nice!
i spoke to a bonhams rep in LA (they had a booth at a conference i was attending, that really had zero to do with art). they claimed that they thought it went well after i mentioned how many pieces went unsold and the prices on some. what else are they going to say i suppose? i did get a free auction catalog out of it though, so that was nice!
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PRO
New Member
Posts • 335
Likes • 122
October 2007
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The next Bonhams Urban Art Auction in LA - 29 Oct, by PRO on Dec 16, 2012 21:51:40 GMT 1, WOW $17,500 for cyw... I'd sell mine for that
WOW $17,500 for cyw... I'd sell mine for that
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