If you can get provenance i would be interested.

Hi Gareth

Apologies if I am teaching my mother how to suck eggs on this one, but it probably a good idea to show how the gallery price is derived and why they are normally more expensive than a private seller.

I think you will need to look at the sale price of your GWB in a couple of ways. Tom Tom has their GWB for around 6 months before selling it (which was on commission and when I spoke with Lawrence back in the summer the owner had a second one he was going to sell straight after so a nice little earner for all involved). Tom Tom as a business has to charge VAT on everything it sells (as this is a print not an original the rate is the full 17.5%) so the net sales price they receive after the governments share is £2,723. This is the actual cost to a company if they bought the piece as companies can recover the VAT. The £2,723 includes Tom Tom's commission, which if it was 20% of the net price means the owner received £2,179 for the print once sold. This is over £1,000 less than the price paid by the new owner.

Based on the above you can assume that net of any bank charges / paypal fees a figure of around £2,200 is as good as you would get from a gallery.

However it seems someone was willing to pay £3,200 from a gallery so you could assume that selling privately and cutting out the middle man you could get more than £2,200 if you find a buyer who doesn't feel the need of getting reassurance from a gallery that the print is legit. If you get the proof of original purchase from AR that should be fine.

I think this gives you a range of pricing so it then ends up being dictated by how risk adverse you are and how quickly you want the money. If you want it quickly stick it on eBay with no reserve and see how you get on or put a reasonable BIN price on it. Alternatively or in parallel put in on auctionsaboteur and save on the listing fees.

I thinking this is a cracking print, they only come up every so often and I'd like one for my wall, but my new year resolution is similar to yours, I need to reduce my credit card balance not increase it!

Good luck with the sale ;D

yeah useful reading, I forgot about the VAT. Even more reason to avoid the galleries.

I will be PM some pics of the banksy which I am selling. Thanks again to everyone for their interest.

Am looking for around £2600 but open to offers.

pm'd.....