Graham H
Junior Member
Posts โข 2,302
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November 2012
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Is it OK to make a living from Art?, by Graham H on Jul 23, 2013 13:17:21 GMT 1, After getting my big sales thread up and running and gauging what has been happening on other WTB and for sale threads, it really did get me thinking, do people make a living buying and selling art - I am not including Galleries in this.. as that is their role.. I am of the feeling I wont get a large amount of hands up saying ' yes'.. for the grief they get.. but i'm trying to understand why.. if this is there job.. and they pay or dont pay mortgage with there ability to do this
Since I have been on the forum, It has become apparent people will go to many different legths and means to ' make a bit ' on certain prints / releases / re sells.. by using multiple accounts on here and on the forums to do this without being flagged up as a flipper... It does appear on EB that it is a joke and an accepted thing to do, but on here, i'm not so sure.
Dont get me wrong, I have made my stance clear on this on sevaral debates, I buy for what I want to pay, and I sell for what I feel comfortable with, I have lost on some prints, made on others.. and would never think about trying to make a living out of this.. but looking at the variances in some release / sell on prices, and with all the urban myths about scripts for getting in first on releases.. does it happen.. do people do this.. and if so, and they admitted it was there livelihood, would this be right or wrong.
I fully also appreciate the argument that the money should go to the artists, but, am also aware that this will never happen in a retail society..
I have thought about this for a week or so, and just wondered that was all.. I am a retailer by trade, but would not look to make a life out of buying art.. especially as it becomes something you get attached to and to personal.. unlike DIY products, or gardening things just as an example.
Any thoughts appreciated
G
p.s. apologies if this has been debated on the board before in this form.. rather than just general annoyance at flipping especially when prints arent in hand
After getting my big sales thread up and running and gauging what has been happening on other WTB and for sale threads, it really did get me thinking, do people make a living buying and selling art - I am not including Galleries in this.. as that is their role.. I am of the feeling I wont get a large amount of hands up saying ' yes'.. for the grief they get.. but i'm trying to understand why.. if this is there job.. and they pay or dont pay mortgage with there ability to do this
Since I have been on the forum, It has become apparent people will go to many different legths and means to ' make a bit ' on certain prints / releases / re sells.. by using multiple accounts on here and on the forums to do this without being flagged up as a flipper... It does appear on EB that it is a joke and an accepted thing to do, but on here, i'm not so sure.
Dont get me wrong, I have made my stance clear on this on sevaral debates, I buy for what I want to pay, and I sell for what I feel comfortable with, I have lost on some prints, made on others.. and would never think about trying to make a living out of this.. but looking at the variances in some release / sell on prices, and with all the urban myths about scripts for getting in first on releases.. does it happen.. do people do this.. and if so, and they admitted it was there livelihood, would this be right or wrong.
I fully also appreciate the argument that the money should go to the artists, but, am also aware that this will never happen in a retail society..
I have thought about this for a week or so, and just wondered that was all.. I am a retailer by trade, but would not look to make a life out of buying art.. especially as it becomes something you get attached to and to personal.. unlike DIY products, or gardening things just as an example.
Any thoughts appreciated
G
p.s. apologies if this has been debated on the board before in this form.. rather than just general annoyance at flipping especially when prints arent in hand
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Deleted
Posts โข 0
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January 1970
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Is it OK to make a living from Art?, by Deleted on Jul 23, 2013 16:47:16 GMT 1, Not sure if you can make a living from it if you are not "flipping" to be honest. You can score from time to time holding on to work from artists who's prices rise. The key is to get in early and make sure the artist isn't a one trick pony. Then again that seems to work in this scene too.
I've seen people take a print, stickers or what not that have sold out and try to resell them on ebay for only a few dollars more. I often think to myself "why bother?" To each his own guess.
Not sure if you can make a living from it if you are not "flipping" to be honest. You can score from time to time holding on to work from artists who's prices rise. The key is to get in early and make sure the artist isn't a one trick pony. Then again that seems to work in this scene too.
I've seen people take a print, stickers or what not that have sold out and try to resell them on ebay for only a few dollars more. I often think to myself "why bother?" To each his own guess.
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curiousgeorge
Junior Member
Posts โข 5,833
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March 2007
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Is it OK to make a living from Art?, by curiousgeorge on Jul 23, 2013 18:59:53 GMT 1, My personal opinion is to get a job to pay for Art
Far too many people here are quick to point at the speck of dust in someones eye, while ignoring the plank of wood in their own eye!
Again a personal opinion ride the market and people while being deceptive but try not to pretend to be anything else
My personal opinion is to get a job to pay for Art
Far too many people here are quick to point at the speck of dust in someones eye, while ignoring the plank of wood in their own eye!
Again a personal opinion ride the market and people while being deceptive but try not to pretend to be anything else
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Deleted
Posts โข 0
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January 1970
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Is it OK to make a living from Art?, by Deleted on Jul 23, 2013 19:25:06 GMT 1, Over on expresso beans, it's rarely about the art and most often about the money. This isn't my opinion (well, maybe a little bit) but a statement of fact validated by most new releases posts.
There's scalpers out there with various buying programmes for tickets, so if you are of a low moral standing and have the technology in place then why wouldn't you? These people don't care who they leg over and may have the most difficult negotiation of their life at St Peter's gates.
Can you make a living from flipping prints? Depends on your definition of living, I'd say no.....
Over on expresso beans, it's rarely about the art and most often about the money. This isn't my opinion (well, maybe a little bit) but a statement of fact validated by most new releases posts.
There's scalpers out there with various buying programmes for tickets, so if you are of a low moral standing and have the technology in place then why wouldn't you? These people don't care who they leg over and may have the most difficult negotiation of their life at St Peter's gates.
Can you make a living from flipping prints? Depends on your definition of living, I'd say no.....
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M
Junior Member
Posts โข 1,998
Likes โข 581
February 2011
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Is it OK to make a living from Art?, by M on Jul 23, 2013 19:26:23 GMT 1, Here is the answer:
priceless-art-collection
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kultur
New Member
Posts โข 903
Likes โข 380
June 2010
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Is it OK to make a living from Art?, by kultur on Jul 23, 2013 19:34:06 GMT 1, They never made a cent from art... never sold a single thing. The way it really should be when collecting art.
They never made a cent from art... never sold a single thing. The way it really should be when collecting art. |
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Deleted
Posts โข 0
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January 1970
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Is it OK to make a living from Art?, by Deleted on Jul 23, 2013 19:59:22 GMT 1, Quality post - thanks for sharing that! Mrs Lynn has a lot to learn!
Quality post - thanks for sharing that! Mrs Lynn has a lot to learn!
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DameHoracia
New Member
Posts โข 455
Likes โข 213
June 2013
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Is it OK to make a living from Art?, by DameHoracia on Jul 23, 2013 20:00:27 GMT 1, I watched a documentary on Herb and Dorothy a while back, somewhere online. Fascinating, a different time. Happy to be a mascot if it ONLY managed to get me the art work I fall in love with and can't get because someone has faster digits that me. Probably not possible to amass a collection as they did over the years now. Their collection was truly impressive and filled the flat from top to floor. Maybe I'm just as cynical as failed art collector, LuLu from Thornton... But what ho!
Incase anyone wants to watch in full on Veoh
Herb and Dorothy
www.veoh.com/watch/v19673432FKhT6rPG
I watched a documentary on Herb and Dorothy a while back, somewhere online. Fascinating, a different time. Happy to be a mascot if it ONLY managed to get me the art work I fall in love with and can't get because someone has faster digits that me. Probably not possible to amass a collection as they did over the years now. Their collection was truly impressive and filled the flat from top to floor. Maybe I'm just as cynical as failed art collector, LuLu from Thornton... But what ho! Incase anyone wants to watch in full on Veoh Herb and Dorothy www.veoh.com/watch/v19673432FKhT6rPG |
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HRE
Junior Member
Posts โข 1,183
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March 2007
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Is it OK to make a living from Art?, by HRE on Jul 23, 2013 20:15:28 GMT 1, Trailer to the documentary looks interesting.
looks like you can watch it here online
www.veoh.com/watch/v19673432FKhT6rPG
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DameHoracia
New Member
Posts โข 455
Likes โข 213
June 2013
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Is it OK to make a living from Art?, by DameHoracia on Jul 23, 2013 20:18:00 GMT 1, lol added to my post, went off to find the doc in full HRE, then saw your post.
lol added to my post, went off to find the doc in full HRE, then saw your post.
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Manty
New Member
Posts โข 969
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May 2013
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Is it OK to make a living from Art?, by Manty on Jul 23, 2013 20:56:56 GMT 1, They never made a cent from art... never sold a single thing. The way it really should be when collecting art.
They never made a cent from art... never sold a single thing. The way it really should be when collecting art. Great link, ta |
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M
Junior Member
Posts โข 1,998
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February 2011
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Is it OK to make a living from Art?, by M on Jul 23, 2013 21:07:28 GMT 1, great criteria of buying art:
The work had to be affordable;
it had to fit in their apartment;
and it had be transportable via taxi or subway
great criteria of buying art:
The work had to be affordable;
it had to fit in their apartment;
and it had be transportable via taxi or subway
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Deleted
Posts โข 0
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January 1970
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Is it OK to make a living from Art?, by Deleted on Jul 24, 2013 8:46:57 GMT 1,
Dziekuje mariusz. That's a really interesting story, I can't believe how much artwork they managed to get over the years.
Dziekuje mariusz. That's a really interesting story, I can't believe how much artwork they managed to get over the years. |
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Art Fan 2011
Junior Member
Posts โข 4,671
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February 2012
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Is it OK to make a living from Art?, by Art Fan 2011 on Jul 24, 2013 8:55:49 GMT 1, Is it "OK" to make a living from art? Id say as long as your breaking no laws and everything is done in an above board manner, then why not! A better question is - Can you actually make a living from art? And to that id say probably not, and it all depends how what life style expectations you have. I dont think you will ever get rich doing it, but people have been making an honest living buying and selling things for 100`s years so dont see why this is any differeant. Would be interested to here if any of the members on here have buying and selling art as an occupation, I suspect very few can actually make it work, and if they do I bet they work dam hard at it!
Is it "OK" to make a living from art? Id say as long as your breaking no laws and everything is done in an above board manner, then why not! A better question is - Can you actually make a living from art? And to that id say probably not, and it all depends how what life style expectations you have. I dont think you will ever get rich doing it, but people have been making an honest living buying and selling things for 100`s years so dont see why this is any differeant. Would be interested to here if any of the members on here have buying and selling art as an occupation, I suspect very few can actually make it work, and if they do I bet they work dam hard at it!
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DameHoracia
New Member
Posts โข 455
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June 2013
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Is it OK to make a living from Art?, by DameHoracia on Oct 9, 2013 13:46:43 GMT 1, They finally completed the second documentary on Herb and Dorothy 50 x 50 Trailer
Website
They finally completed the second documentary on Herb and Dorothy 50 x 50 Trailer
Website |
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Is it OK to make a living from Art?, by Daniel Silk on Oct 9, 2013 13:53:51 GMT 1, I think things have changed a bit over the last 5 years. It used to be you would get flippers buying new releases and then selling them on straight away for a profit, but now thats not so easy to do so they are doing it different.
Something I have noticed is more people trying to talk prices down of pieces for sale by other members on the forum so they or their mate can then try to buy it well under its real value so they can sell it on for a profit. Trying to take advantage of members who maybe dont know the value of pieces and offering them less than half its market value.
I think things have changed a bit over the last 5 years. It used to be you would get flippers buying new releases and then selling them on straight away for a profit, but now thats not so easy to do so they are doing it different.
Something I have noticed is more people trying to talk prices down of pieces for sale by other members on the forum so they or their mate can then try to buy it well under its real value so they can sell it on for a profit. Trying to take advantage of members who maybe dont know the value of pieces and offering them less than half its market value.
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mmmike
Junior Member
Posts โข 2,421
Likes โข 759
March 2010
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Is it OK to make a living from Art?, by mmmike on Oct 9, 2013 15:12:10 GMT 1, I think things have changed a bit over the last 5 years. It used to be you would get flippers buying new releases and then selling them on straight away for a profit, but now thats not so easy to do so they are doing it different. Something I have noticed is more people trying to talk prices down of pieces for sale by other members on the forum so they or their mate can then try to buy it well under its real value so they can sell it on for a profit. Trying to take advantage of members who maybe dont know the value of pieces and offering them less than half its market value.
I suspect in the not too distant future this whole "street art" print market is going to burn a lot of people who think it is a one way ticket to profit.
There is too much supply of the same formulaic copycat "art" out there. Thank you MBW for showing so many the way to profit with little to know originality.
That's my rant for the day.
I think things have changed a bit over the last 5 years. It used to be you would get flippers buying new releases and then selling them on straight away for a profit, but now thats not so easy to do so they are doing it different. Something I have noticed is more people trying to talk prices down of pieces for sale by other members on the forum so they or their mate can then try to buy it well under its real value so they can sell it on for a profit. Trying to take advantage of members who maybe dont know the value of pieces and offering them less than half its market value. I don't agree. There may be some of that but more so I think people talk up prices of things they own. Dolk is a perfect example. People claim sky high prices until they become reality. I own one Dolk and have no interest in his prices going up or down but when you see pieces on other sites selling for substantially less than prices claimed here it is shady. People are building their own little bubbles. But I guess at the same time it will be the greedy suckers that are burned most of the time. I suspect in the not too distant future this whole "street art" print market is going to burn a lot of people who think it is a one way ticket to profit. There is too much supply of the same formulaic copycat "art" out there. Thank you MBW for showing so many the way to profit with little to know originality. That's my rant for the day. |
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randomname
Junior Member
Posts โข 1,962
Likes โข 1,810
June 2013
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Is it OK to make a living from Art?, by randomname on Oct 9, 2013 16:09:34 GMT 1, I think it's perfectly acceptable to buy and sell art with the intention of making money. It's not so acceptable to buy something then turn around and sell it immediately after you purchased it โ usually before you even have it in hand. The difference being that by waiting, you take the risk that it will lose value. By selling it immediately, you're exploiting the emotions of people who missed out on it.
I think it's perfectly acceptable to buy and sell art with the intention of making money. It's not so acceptable to buy something then turn around and sell it immediately after you purchased it โ usually before you even have it in hand. The difference being that by waiting, you take the risk that it will lose value. By selling it immediately, you're exploiting the emotions of people who missed out on it.
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randomname
Junior Member
Posts โข 1,962
Likes โข 1,810
June 2013
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Is it OK to make a living from Art?, by randomname on Oct 9, 2013 16:14:09 GMT 1, I think things have changed a bit over the last 5 years. It used to be you would get flippers buying new releases and then selling them on straight away for a profit, but now thats not so easy to do so they are doing it different.
I think things have changed a bit over the last 5 years. It used to be you would get flippers buying new releases and then selling them on straight away for a profit, but now thats not so easy to do so they are doing it different. I think what they're doing differently is they're using multiple names and Paypal accounts. They use clean accounts to buy the art. Then turn around and sell it under a different name. Roughly 20%-30% of popular releases still find their way to ebay within hours or days of the release. |
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mmmike
Junior Member
Posts โข 2,421
Likes โข 759
March 2010
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Is it OK to make a living from Art?, by mmmike on Oct 9, 2013 16:34:27 GMT 1, I think it's perfectly acceptable to buy and sell art with the intention of making money. It's not so acceptable to buy something then turn around and sell it immediately after you purchased it โ usually before you even have it in hand. The difference being that by waiting, you take the risk that it will lose value. By selling it immediately, you're exploiting the emotions of people who missed out on it.
I think it's perfectly acceptable to buy and sell art with the intention of making money. It's not so acceptable to buy something then turn around and sell it immediately after you purchased it โ usually before you even have it in hand. The difference being that by waiting, you take the risk that it will lose value. By selling it immediately, you're exploiting the emotions of people who missed out on it. That makes no sense for me. I'm reading it that is ok to make money as long as you take a risk by waiting. That seems arbitrary and silly. If you are ok with flipping in 3 months then you should be ok with it in 3hrs or what ever. |
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randomname
Junior Member
Posts โข 1,962
Likes โข 1,810
June 2013
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Is it OK to make a living from Art?, by randomname on Oct 9, 2013 16:55:28 GMT 1, I think it's perfectly acceptable to buy and sell art with the intention of making money. It's not so acceptable to buy something then turn around and sell it immediately after you purchased it โ usually before you even have it in hand. The difference being that by waiting, you take the risk that it will lose value. By selling it immediately, you're exploiting the emotions of people who missed out on it. That makes no sense for me. I'm reading it that is ok to make money as long as you take a risk by waiting. That seems arbitrary and silly. If you are ok with flipping in 3 months then you should be ok with it in 3hrs or what ever.
If you wait six months or a year to sell something, that's not flipping. Buyers' emotions have settled and they can make a more rational decision on what something is worth to them. I think the problem most people have with flippers is that they are taking advantage of collectors' emotions and temporarily spiking the value of the work well past what it's really worth. I don't think that's an arbitrary or silly distinction. Personally, I think it's an ethical one.
I think it's perfectly acceptable to buy and sell art with the intention of making money. It's not so acceptable to buy something then turn around and sell it immediately after you purchased it โ usually before you even have it in hand. The difference being that by waiting, you take the risk that it will lose value. By selling it immediately, you're exploiting the emotions of people who missed out on it. That makes no sense for me. I'm reading it that is ok to make money as long as you take a risk by waiting. That seems arbitrary and silly. If you are ok with flipping in 3 months then you should be ok with it in 3hrs or what ever. If you wait six months or a year to sell something, that's not flipping. Buyers' emotions have settled and they can make a more rational decision on what something is worth to them. I think the problem most people have with flippers is that they are taking advantage of collectors' emotions and temporarily spiking the value of the work well past what it's really worth. I don't think that's an arbitrary or silly distinction. Personally, I think it's an ethical one. |
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Dungle
Junior Member
Posts โข 4,007
Likes โข 5,172
June 2011
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Is it OK to make a living from Art?, by Dungle on Oct 9, 2013 17:03:57 GMT 1, I think things have changed a bit over the last 5 years. It used to be you would get flippers buying new releases and then selling them on straight away for a profit, but now thats not so easy to do so they are doing it different. I think what they're doing differently is they're using multiple names and Paypal accounts. They use clean accounts to buy the art. Then turn around and sell it under a different name. Roughly 20%-30% of popular releases still find their way to ebay within hours or days of the release.
You've plucked that stat out of thin air haven't you?
I think things have changed a bit over the last 5 years. It used to be you would get flippers buying new releases and then selling them on straight away for a profit, but now thats not so easy to do so they are doing it different. I think what they're doing differently is they're using multiple names and Paypal accounts. They use clean accounts to buy the art. Then turn around and sell it under a different name. Roughly 20%-30% of popular releases still find their way to ebay within hours or days of the release. You've plucked that stat out of thin air haven't you? |
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mmmike
Junior Member
Posts โข 2,421
Likes โข 759
March 2010
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Is it OK to make a living from Art?, by mmmike on Oct 9, 2013 17:09:15 GMT 1, That makes no sense for me. I'm reading it that is ok to make money as long as you take a risk by waiting. That seems arbitrary and silly. If you are ok with flipping in 3 months then you should be ok with it in 3hrs or what ever. If you wait six months or a year to sell something, that's not flipping. Buyers' emotions have settled and they can make a more rational decision on what something is worth to them. I think the problem most people have with flippers is that they are taking advantage of collectors' emotions and temporarily spiking the value of the work well past what it's really worth. I don't think that's an arbitrary or silly distinction. Personally, I think it's an ethical one.
What's worse?
Personally I think flipping is too much work and not enough profit to be worthwhile but if others want to do it, go for it. My plan is when I sell something to donate all the money to charity. That helps me justify the purchase in the first place. Since I think all this art buying is quite selfish and not the best use of money as long as there are people starving and animals being treated like shit.
That makes no sense for me. I'm reading it that is ok to make money as long as you take a risk by waiting. That seems arbitrary and silly. If you are ok with flipping in 3 months then you should be ok with it in 3hrs or what ever. If you wait six months or a year to sell something, that's not flipping. Buyers' emotions have settled and they can make a more rational decision on what something is worth to them. I think the problem most people have with flippers is that they are taking advantage of collectors' emotions and temporarily spiking the value of the work well past what it's really worth. I don't think that's an arbitrary or silly distinction. Personally, I think it's an ethical one. Ok it makes sense to me if you are saying it is the intent rather than an arbitrary time. For example I have bought things thinking I loved them, got them and thought immediately what was I thinking. I have also bought things that I didn't like as much but thought this will be worth a lot in the long run. I'll stick it in a folder and sell it when I'm old. What's worse? Personally I think flipping is too much work and not enough profit to be worthwhile but if others want to do it, go for it. My plan is when I sell something to donate all the money to charity. That helps me justify the purchase in the first place. Since I think all this art buying is quite selfish and not the best use of money as long as there are people starving and animals being treated like shit. |
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randomname
Junior Member
Posts โข 1,962
Likes โข 1,810
June 2013
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Is it OK to make a living from Art?, by randomname on Oct 9, 2013 17:14:12 GMT 1, I think what they're doing differently is they're using multiple names and Paypal accounts. They use clean accounts to buy the art. Then turn around and sell it under a different name. Roughly 20%-30% of popular releases still find their way to ebay within hours or days of the release. You've plucked that stat out of thin air haven't you?
Not really. I tracked a few Faile releases and counted the number of prints that were flipped. It's based on that.
I think what they're doing differently is they're using multiple names and Paypal accounts. They use clean accounts to buy the art. Then turn around and sell it under a different name. Roughly 20%-30% of popular releases still find their way to ebay within hours or days of the release. You've plucked that stat out of thin air haven't you? Not really. I tracked a few Faile releases and counted the number of prints that were flipped. It's based on that. |
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randomname
Junior Member
Posts โข 1,962
Likes โข 1,810
June 2013
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Is it OK to make a living from Art?, by randomname on Oct 9, 2013 17:30:50 GMT 1, If you wait six months or a year to sell something, that's not flipping. Buyers' emotions have settled and they can make a more rational decision on what something is worth to them. I think the problem most people have with flippers is that they are taking advantage of collectors' emotions and temporarily spiking the value of the work well past what it's really worth. I don't think that's an arbitrary or silly distinction. Personally, I think it's an ethical one. Ok it makes sense to me if you are saying it is the intent rather than an arbitrary time. For example I have bought things thinking I loved them, got them and thought immediately what was I thinking. I have also bought things that I didn't like as much but thought this will be worth a lot in the long run. I'll stick it in a folder and sell it when I'm old. What's worse? Personally I think flipping is too much work and not enough profit to be worthwhile but if others want to do it, go for it. My plan is when I sell something to donate all the money to charity. That helps me justify the purchase in the first place. Since I think all this art buying is quite selfish and not the best use of money as long as there are people starving and animals being treated like s**t.
I only buy what I like. Almost everything I've bought goes on my wall for at least a while. With some of the cheaper prints like Obey, I know I'll resell them later for a profit. They fit in a standard frame, so there's no framing costs. When I do sell them, I put the money into more expensive pieces I have no intention of selling. I don't sell art to make a profit really, but to help fund an expensive hobby.
As far as world peace and saving the children goes, I do a lot of work for local charities. So I don't feel too bad about having something pretty on my wall.
If you wait six months or a year to sell something, that's not flipping. Buyers' emotions have settled and they can make a more rational decision on what something is worth to them. I think the problem most people have with flippers is that they are taking advantage of collectors' emotions and temporarily spiking the value of the work well past what it's really worth. I don't think that's an arbitrary or silly distinction. Personally, I think it's an ethical one. Ok it makes sense to me if you are saying it is the intent rather than an arbitrary time. For example I have bought things thinking I loved them, got them and thought immediately what was I thinking. I have also bought things that I didn't like as much but thought this will be worth a lot in the long run. I'll stick it in a folder and sell it when I'm old. What's worse? Personally I think flipping is too much work and not enough profit to be worthwhile but if others want to do it, go for it. My plan is when I sell something to donate all the money to charity. That helps me justify the purchase in the first place. Since I think all this art buying is quite selfish and not the best use of money as long as there are people starving and animals being treated like s**t. I only buy what I like. Almost everything I've bought goes on my wall for at least a while. With some of the cheaper prints like Obey, I know I'll resell them later for a profit. They fit in a standard frame, so there's no framing costs. When I do sell them, I put the money into more expensive pieces I have no intention of selling. I don't sell art to make a profit really, but to help fund an expensive hobby. As far as world peace and saving the children goes, I do a lot of work for local charities. So I don't feel too bad about having something pretty on my wall. |
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tab1
Full Member
Posts โข 8,519
Likes โข 3,679
September 2011
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Is it OK to make a living from Art?, by tab1 on Oct 10, 2013 18:06:43 GMT 1, It's your choice to do what you want after you have bought said items , it will always happen where demand is higher than supply!
Happens with a lot of stuff not just art.
At the high end it happens with sports cars on new models all the the time selling for 30% plus cost .
It's annoying when you miss something you really want to buy but if you can resist the instant buy when resold after an instant sellout by a print houses prices always fall to near cost for a short while from the guys who intended to sell straight away.
Alot of people buy now to sell straight after a release but doesn't always work ie dran sales end and dinosaur , dolk pigmask were cost or just under after two weeks on release.
But in a roundabout way it helps fund the artist and draws collectors / investors in.
It makes it more fun when you actually secure on checkout on a big release! Lol
It's your choice to do what you want after you have bought said items , it will always happen where demand is higher than supply!
Happens with a lot of stuff not just art.
At the high end it happens with sports cars on new models all the the time selling for 30% plus cost .
It's annoying when you miss something you really want to buy but if you can resist the instant buy when resold after an instant sellout by a print houses prices always fall to near cost for a short while from the guys who intended to sell straight away.
Alot of people buy now to sell straight after a release but doesn't always work ie dran sales end and dinosaur , dolk pigmask were cost or just under after two weeks on release.
But in a roundabout way it helps fund the artist and draws collectors / investors in.
It makes it more fun when you actually secure on checkout on a big release! Lol
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