Deleted
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January 1970
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Bonhams β’ Art Auctions β’ London π¬π§, by Deleted on Jan 10, 2015 13:26:50 GMT 1, ill try lol
ill try lol
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Dungle
Junior Member
π¨οΈ 4,008
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June 2011
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Bonhams β’ Art Auctions β’ London π¬π§, by Dungle on Jan 10, 2015 23:19:41 GMT 1, A lot of great bits in this.
A lot of great bits in this.
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Deleted
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January 1970
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Bonhams β’ Art Auctions β’ London π¬π§, by Deleted on Jan 11, 2015 10:15:21 GMT 1, Found this on the Premium and VAT charges...
Buyer's Premium Rates
25% on the first Β£50,000 of the Hammer Price
20% from Β£50,001 to Β£1,000,000 the Hammer Price
12% from Β£1,000,001 of the Hammer Price
For each Sale category VAT at the current rate of 20% will be added to the Buyer's Premium and charges excluding Artists Resale Right.
So if hammer price is 10.000 total cost will be 2500 premium plus 500 Vat = 13.000 GBP ??
OR is it VAT over the total cost? 10.000 + 2500 premium + 2500 VAT = 15.000 ??
Found this on the Premium and VAT charges...
Buyer's Premium Rates
25% on the first Β£50,000 of the Hammer Price
20% from Β£50,001 to Β£1,000,000 the Hammer Price
12% from Β£1,000,001 of the Hammer Price
For each Sale category VAT at the current rate of 20% will be added to the Buyer's Premium and charges excluding Artists Resale Right.
So if hammer price is 10.000 total cost will be 2500 premium plus 500 Vat = 13.000 GBP ??
OR is it VAT over the total cost? 10.000 + 2500 premium + 2500 VAT = 15.000 ??
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gironawatch
Junior Member
π¨οΈ 1,197
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August 2007
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Bonhams β’ Art Auctions β’ London π¬π§, by gironawatch on Jan 11, 2015 10:31:46 GMT 1, Found this on the Premium and VAT charges... Buyer's Premium Rates 25% on the first Β£50,000 of the Hammer Price 20% from Β£50,001 to Β£1,000,000 the Hammer Price 12% from Β£1,000,001 of the Hammer Price For each Sale category VAT at the current rate of 20% will be added to the Buyer's Premium and charges excluding Artists Resale Right. So if hammer price is 10.000 total cost will be 2500 premium plus 500 Vat = 13.000 GBP ?? OR is it VAT over the total cost? 10.000 + 2500 premium + 2500 VAT = 15.000 ??
You need to ad 4% on top for the artist right!
I really don't get it,
Found this on the Premium and VAT charges... Buyer's Premium Rates 25% on the first Β£50,000 of the Hammer Price 20% from Β£50,001 to Β£1,000,000 the Hammer Price 12% from Β£1,000,001 of the Hammer Price For each Sale category VAT at the current rate of 20% will be added to the Buyer's Premium and charges excluding Artists Resale Right. So if hammer price is 10.000 total cost will be 2500 premium plus 500 Vat = 13.000 GBP ?? OR is it VAT over the total cost? 10.000 + 2500 premium + 2500 VAT = 15.000 ?? You need to ad 4% on top for the artist right! I really don't get it, |
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Deleted
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January 1970
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Bonhams β’ Art Auctions β’ London π¬π§, by Deleted on Jan 11, 2015 10:41:13 GMT 1, Alright, so let's say hammer price is 10.000 GBP then add VAT and Premium = 13.000 GBP
Then add Artist right (if mentioned) 520 = 13.520 GBP
Plus 2% credit card charge = 13.790
Plus shipping (110 GBP) = 13.900 Total.
So let's round it up to 14.000. Which is 40 % on top of hammer price.
I never bought something on auction, so i was wondering if this calculation is about right....
Alright, so let's say hammer price is 10.000 GBP then add VAT and Premium = 13.000 GBP
Then add Artist right (if mentioned) 520 = 13.520 GBP
Plus 2% credit card charge = 13.790
Plus shipping (110 GBP) = 13.900 Total.
So let's round it up to 14.000. Which is 40 % on top of hammer price.
I never bought something on auction, so i was wondering if this calculation is about right....
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dashboll
New Member
π¨οΈ 973
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January 2013
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Bonhams β’ Art Auctions β’ London π¬π§, by dashboll on Jan 11, 2015 10:54:53 GMT 1, You need to check whether vat is applicable to purchase price (i think it is, but stand to be corrected) so would be 10k plus premium, then plus the VAT
You need to check whether vat is applicable to purchase price (i think it is, but stand to be corrected) so would be 10k plus premium, then plus the VAT
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Deleted
π¨οΈ 0
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January 1970
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Bonhams β’ Art Auctions β’ London π¬π§, by Deleted on Jan 11, 2015 10:56:03 GMT 1, You need to check whether vat is applicable to purchase price (i think it is, but stand to be corrected) so would be 10k plus premium, then plus the VAT
For each Sale category VAT at the current rate of 20% will be added to the Buyer's Premium and charges excluding Artists Resale Right.
You need to check whether vat is applicable to purchase price (i think it is, but stand to be corrected) so would be 10k plus premium, then plus the VAT This is what Bonhems says : For each Sale category VAT at the current rate of 20% will be added to the Buyer's Premium and charges excluding Artists Resale Right. |
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dashboll
New Member
π¨οΈ 973
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January 2013
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Bonhams β’ Art Auctions β’ London π¬π§, by dashboll on Jan 11, 2015 10:59:19 GMT 1, Looks like it depends on how bonhams are set up (margin scheme or not), found this on another site, doesn't fully answer question but hopefully points in the right direction www.bhandl.co.uk/sales/vat.aspx
Looks like it depends on how bonhams are set up (margin scheme or not), found this on another site, doesn't fully answer question but hopefully points in the right direction www.bhandl.co.uk/sales/vat.aspx |
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Deleted
π¨οΈ 0
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January 1970
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Bonhams β’ Art Auctions β’ London π¬π§, by Deleted on Jan 11, 2015 10:59:37 GMT 1, If VAT is calculated over hammer price AND premium:
Alright, so let's say hammer price is 10.000 GBP then add Premium = 12.500 GBP
Add 20% VAT (2500) = 15.000 GBP
Then add Artist right 4% (if mentioned) 600 = 15.600 GBP
Plus 2% credit card charge = 15.912
Plus shipping (110 GBP) = 16.022 Total.
Round that down to 16.000 which comes to 60% on top of Hammer price.
Perhaps someone who bought at Bonhems can shed some light on the extra costs.
One thing is for sure. Totall extra costs will be between 40% and 60% on top of Hammer price....
If VAT is calculated over hammer price AND premium:
Alright, so let's say hammer price is 10.000 GBP then add Premium = 12.500 GBP
Add 20% VAT (2500) = 15.000 GBP
Then add Artist right 4% (if mentioned) 600 = 15.600 GBP
Plus 2% credit card charge = 15.912
Plus shipping (110 GBP) = 16.022 Total.
Round that down to 16.000 which comes to 60% on top of Hammer price.
Perhaps someone who bought at Bonhems can shed some light on the extra costs.
One thing is for sure. Totall extra costs will be between 40% and 60% on top of Hammer price....
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Deleted
π¨οΈ 0
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January 1970
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Bonhams β’ Art Auctions β’ London π¬π§, by Deleted on Jan 11, 2015 11:10:02 GMT 1, If VAT is calculated over hammer price AND premium: Alright, so let's say hammer price is 10.000 GBP then add Premium = 12.500 GBP Add 20% VAT (2500) = 15.000 GBP Then add Artist right 4% (if mentioned) 600 = 15.600 GBP Plus 2% credit card charge = 15.912 Plus shipping (110 GBP) = 16.022 Total. Round that down to 16.000 which comes to 60% on top of Hammer price. Perhaps someone who bought at Bonhems can shed some light on the extra costs. One thing is for sure. Totall extra costs will be between 40% and 60% on top of Hammer price.... 
If VAT is calculated over hammer price AND premium: Alright, so let's say hammer price is 10.000 GBP then add Premium = 12.500 GBP Add 20% VAT (2500) = 15.000 GBP Then add Artist right 4% (if mentioned) 600 = 15.600 GBP Plus 2% credit card charge = 15.912 Plus shipping (110 GBP) = 16.022 Total. Round that down to 16.000 which comes to 60% on top of Hammer price. Perhaps someone who bought at Bonhems can shed some light on the extra costs. One thing is for sure. Totall extra costs will be between 40% and 60% on top of Hammer price.... vats only applicable to the premium/shipping, not the 4 % resale rights or hammer price |
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Deleted
π¨οΈ 0
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January 1970
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Bonhams β’ Art Auctions β’ London π¬π§, by Deleted on Jan 11, 2015 11:12:05 GMT 1, If VAT is calculated over hammer price AND premium: Alright, so let's say hammer price is 10.000 GBP then add Premium = 12.500 GBP Add 20% VAT (2500) = 15.000 GBP Then add Artist right 4% (if mentioned) 600 = 15.600 GBP Plus 2% credit card charge = 15.912 Plus shipping (110 GBP) = 16.022 Total. Round that down to 16.000 which comes to 60% on top of Hammer price. Perhaps someone who bought at Bonhems can shed some light on the extra costs. One thing is for sure. Totall extra costs will be between 40% and 60% on top of Hammer price.... vats only applicable to the premium/shipping, not the 4 % resale rights or hammer price 
If VAT is calculated over hammer price AND premium: Alright, so let's say hammer price is 10.000 GBP then add Premium = 12.500 GBP Add 20% VAT (2500) = 15.000 GBP Then add Artist right 4% (if mentioned) 600 = 15.600 GBP Plus 2% credit card charge = 15.912 Plus shipping (110 GBP) = 16.022 Total. Round that down to 16.000 which comes to 60% on top of Hammer price. Perhaps someone who bought at Bonhems can shed some light on the extra costs. One thing is for sure. Totall extra costs will be between 40% and 60% on top of Hammer price.... vats only applicable to the premium/shipping, not the 4 % resale rights or hammer price Cheers Andy! In that case the 40% on top of Hammer price is about right |
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Deleted
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January 1970
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Bonhams β’ Art Auctions β’ London π¬π§, by Deleted on Jan 11, 2015 11:16:05 GMT 1, Which means that even with the low estimates almost all pieces are already out of reach for me
And i am sure these prints will sell for a lot more than the current estimates.
Which means that even with the low estimates almost all pieces are already out of reach for me And i am sure these prints will sell for a lot more than the current estimates. |
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Deleted
π¨οΈ 0
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January 1970
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Bonhams β’ Art Auctions β’ London π¬π§, by Deleted on Jan 11, 2015 11:29:59 GMT 1, Which means that even with the low estimates almost all pieces are already out of reach for me And i am sure these prints will sell for a lot more than the current estimates.
Which means that even with the low estimates almost all pieces are already out of reach for me And i am sure these prints will sell for a lot more than the current estimates. Auctions are generally the only winners, take the trolleys, generally the low est is the reserve(some auctions have a descretionary 10% clause they can go below), so if it sells at 7k the buyer pays 9800(not cheap) and the seller gets a terrible price, if it goes for 10k the buyer pays a terrible price and the seller gets what he could get easily through other avenues. The only time someone other than the auction benefits is if it hits an unexpected high price like shoots cyw then seller is very happy and the buyer gets stuffed like a turkey or if the auction puts a very low reserve and theres only 1 interested partie, then the buyer has a chance of good price and the seller lives on bread and water for a while. Auctions like to get the estimate lower if possible to attract more attention. |
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Deleted
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January 1970
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Bonhams β’ Art Auctions β’ London π¬π§, by Deleted on Jan 11, 2015 11:35:45 GMT 1, I understand, but why would people put it in an auction? Sell it on the Banksyforum or straight to a Gallery. It's not like people don't like to pay big money for Banksy prints at this point. Only reason is waiting for a big frenzy and creating another hype i guess.
I think people on this forum are more than happy to pay for the high end estimates in cash. No fees, no VAT, no nothing and the seller get's to keep 100% of the sale.....
I'll send Laz an email explaining him a couple of things
I understand, but why would people put it in an auction? Sell it on the Banksyforum or straight to a Gallery. It's not like people don't like to pay big money for Banksy prints at this point. Only reason is waiting for a big frenzy and creating another hype i guess. I think people on this forum are more than happy to pay for the high end estimates in cash. No fees, no VAT, no nothing and the seller get's to keep 100% of the sale..... I'll send Laz an email explaining him a couple of things |
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Deleted
π¨οΈ 0
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January 1970
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Bonhams β’ Art Auctions β’ London π¬π§, by Deleted on Jan 11, 2015 11:39:28 GMT 1, I understand, but why would people put it in an auction? Sell it on the Banksyforum or straight to a Gallery. It's not like people don't like to pay big money for Banksy prints at this point. Only reason is waiting for a big frenzy and creating another hype i guess. I think people on this forum are more than happy to pay for the high end estimates in cash. No fees, no VAT, no nothing and the seller get's to keep 100% of the sale..... I'll send Laz an email explaining him a couple of things
I understand, but why would people put it in an auction? Sell it on the Banksyforum or straight to a Gallery. It's not like people don't like to pay big money for Banksy prints at this point. Only reason is waiting for a big frenzy and creating another hype i guess. I think people on this forum are more than happy to pay for the high end estimates in cash. No fees, no VAT, no nothing and the seller get's to keep 100% of the sale..... I'll send Laz an email explaining him a couple of things Same reason people do the lottery or take a gamble, they focus on the record prices achieved, Laz will be getting well looked after bringing that lot, so could be a good day at the office, some special pieces and low est to get the taste buds tingling! |
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kfroms
Junior Member
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October 2011
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Bonhams β’ Art Auctions β’ London π¬π§, by kfroms on Jan 11, 2015 12:05:41 GMT 1, I understand, but why would people put it in an auction? Sell it on the Banksyforum or straight to a Gallery. It's not like people don't like to pay big money for Banksy prints at this point. Only reason is waiting for a big frenzy and creating another hype i guess. I think people on this forum are more than happy to pay for the high end estimates in cash. No fees, no VAT, no nothing and the seller get's to keep 100% of the sale..... I'll send Laz an email explaining him a couple of things
Their operational structure is not ideal for "our" area.
I understand, but why would people put it in an auction? Sell it on the Banksyforum or straight to a Gallery. It's not like people don't like to pay big money for Banksy prints at this point. Only reason is waiting for a big frenzy and creating another hype i guess. I think people on this forum are more than happy to pay for the high end estimates in cash. No fees, no VAT, no nothing and the seller get's to keep 100% of the sale..... I'll send Laz an email explaining him a couple of things The way auction houses work has been implemented for a different kind of "art" , at a different price level and without the internet. Their operational structure is not ideal for "our" area. |
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pollz66
New Member
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May 2008
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Bonhams β’ Art Auctions β’ London π¬π§, by pollz66 on Jan 11, 2015 12:59:41 GMT 1, I'm surprised Laz is selling them through Bonhams, didn't he put on a big show last year with Sothebys?
Auction houses can tilt the market.....
I'm surprised Laz is selling them through Bonhams, didn't he put on a big show last year with Sothebys? Auction houses can tilt the market..... |
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Oski
New Member
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December 2014
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Bonhams β’ Art Auctions β’ London π¬π§, by Oski on Jan 11, 2015 15:21:35 GMT 1, Banksy's prints are highly liquid with various avenues for exchange and with plenty of transactions to establish transparency in pricing. This is not what the auction houses are traditionally set up for, given their huge fee structure, which screws the sellers and buyers. Except they do it to (1) give hipness and relevance to their auctions and (2) because Banksy draws attention and interest.
Per my previous post in this thread. Nobody knows the worth of Banksy's work like Laz and he has an established gallery to sell Banksy's work, so why put it to the auction house and be exposed to the large fees? I think it's because:
(1) he would likely have negotiated a waiver of seller fees (auction houses charge both seller fees and buyer fees, so they get it on both ends).
(2) As I've previously postulated in this thread, he's likely negotiated the big spread in Section One of the catalog to the marketing of Conor Harrington, an artist he's eager to promote and establish in the fine arts market (with Banksy having disassociated with Laz, and a finite supply of Banksy's work remaining in his possession, he would need the next big thing to mint money from).
(3) He can achieve new high pricing on Banksy's work in a public way (this may be through market enthusiasm or outright manipulation).
All of this is my own hypothesis of course and not meant to be taken as facts.
Edit: Just want to add what I think auction houses are good for and why people are willing to pay the large fees:
(1) For artwork that have less avenues for exchange, they create a venue.
(2) For private sellers that may want to remain private.
(3) For sellers that don't want to deal with the trouble of marketing, collecting payment, shipping, etc. Auction house are really good at all of this.
(4) For providing authentication and great provenance to a piece.
(5) For outright manipulation of market prices.
Banksy's prints are highly liquid with various avenues for exchange and with plenty of transactions to establish transparency in pricing. This is not what the auction houses are traditionally set up for, given their huge fee structure, which screws the sellers and buyers. Except they do it to (1) give hipness and relevance to their auctions and (2) because Banksy draws attention and interest.
Per my previous post in this thread. Nobody knows the worth of Banksy's work like Laz and he has an established gallery to sell Banksy's work, so why put it to the auction house and be exposed to the large fees? I think it's because:
(1) he would likely have negotiated a waiver of seller fees (auction houses charge both seller fees and buyer fees, so they get it on both ends).
(2) As I've previously postulated in this thread, he's likely negotiated the big spread in Section One of the catalog to the marketing of Conor Harrington, an artist he's eager to promote and establish in the fine arts market (with Banksy having disassociated with Laz, and a finite supply of Banksy's work remaining in his possession, he would need the next big thing to mint money from).
(3) He can achieve new high pricing on Banksy's work in a public way (this may be through market enthusiasm or outright manipulation).
All of this is my own hypothesis of course and not meant to be taken as facts.
Edit: Just want to add what I think auction houses are good for and why people are willing to pay the large fees:
(1) For artwork that have less avenues for exchange, they create a venue.
(2) For private sellers that may want to remain private.
(3) For sellers that don't want to deal with the trouble of marketing, collecting payment, shipping, etc. Auction house are really good at all of this.
(4) For providing authentication and great provenance to a piece.
(5) For outright manipulation of market prices.
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tab1
Full Member
π¨οΈ 8,519
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September 2011
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Bonhams β’ Art Auctions β’ London π¬π§, by tab1 on Jan 13, 2015 0:21:44 GMT 1, Banksy's prints are highly liquid with various avenues for exchange and with plenty of transactions to establish transparency in pricing. This is not what the auction houses are traditionally set up for, given their huge fee structure, which screws the sellers and buyers. Except they do it to (1) give hipness and relevance to their auctions and (2) because Banksy draws attention and interest. Per my previous post in this thread. Nobody knows the worth of Banksy's work like Laz and he has an established gallery to sell Banksy's work, so why put it to the auction house and be exposed to the large fees? I think it's because: (1) he would likely have negotiated a waiver of seller fees (auction houses charge both seller fees and buyer fees, so they get it on both ends). (2) As I've previously postulated in this thread, he's likely negotiated the big spread in Section One of the catalog to the marketing of Conor Harrington, an artist he's eager to promote and establish in the fine arts market (with Banksy having disassociated with Laz, and a finite supply of Banksy's work remaining in his possession, he would need the next big thing to mint money from). (3) He can achieve new high pricing on Banksy's work in a public way (this may be through market enthusiasm or outright manipulation). All of this is my own hypothesis of course and not meant to be taken as facts. Edit: Β Just want to add what I think auction houses are good for and why people are willing to pay the large fees: (1) For artwork that have less avenues for exchange, they create a venue. (2) For private sellers that may want to remain private. (3) For sellers that don't want to deal with the trouble of marketing, collecting payment, shipping, etc. Β Auction house are really good at all of this. (4) For providing authentication and great provenance to a piece. (5) For outright manipulation of market prices.
It is widely known galleries list their own artists work and shill bid and buy their own listed work back through separate companies then this sets a trusted sales / reference point to new buyers ..
Nice banksys listed in this auction!
Banksy's prints are highly liquid with various avenues for exchange and with plenty of transactions to establish transparency in pricing. This is not what the auction houses are traditionally set up for, given their huge fee structure, which screws the sellers and buyers. Except they do it to (1) give hipness and relevance to their auctions and (2) because Banksy draws attention and interest. Per my previous post in this thread. Nobody knows the worth of Banksy's work like Laz and he has an established gallery to sell Banksy's work, so why put it to the auction house and be exposed to the large fees? I think it's because: (1) he would likely have negotiated a waiver of seller fees (auction houses charge both seller fees and buyer fees, so they get it on both ends). (2) As I've previously postulated in this thread, he's likely negotiated the big spread in Section One of the catalog to the marketing of Conor Harrington, an artist he's eager to promote and establish in the fine arts market (with Banksy having disassociated with Laz, and a finite supply of Banksy's work remaining in his possession, he would need the next big thing to mint money from). (3) He can achieve new high pricing on Banksy's work in a public way (this may be through market enthusiasm or outright manipulation). All of this is my own hypothesis of course and not meant to be taken as facts. Edit: Β Just want to add what I think auction houses are good for and why people are willing to pay the large fees: (1) For artwork that have less avenues for exchange, they create a venue. (2) For private sellers that may want to remain private. (3) For sellers that don't want to deal with the trouble of marketing, collecting payment, shipping, etc. Β Auction house are really good at all of this. (4) For providing authentication and great provenance to a piece. (5) For outright manipulation of market prices. It is widely known galleries list their own artists work and shill bid and buy their own listed work back through separate companies then this sets a trusted sales / reference point to new buyers .. Nice banksys listed in this auction! |
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daveart
New Member
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February 2008
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Bonhams β’ Art Auctions β’ London π¬π§, by daveart on Jan 13, 2015 0:49:29 GMT 1, Odd moment of the week for me. I contacted a pretty well known gallery for urban art and inquired about Banksy print they had listed on artnet.com.. the response i got blows me away. The print is sold.. but then they go on to tell me not to buy Banksy as the market is topping and that i should put my money in ...... Plastic Jesus. so, i expect this auction to bomb completely and I'll be there to say "i told you so" ...errr. probably not. plastic jesus ? still scratching my head. of course this gallery is big in Bambi .. so maybe umm .. no .. no.. too hard to think this through..
Odd moment of the week for me. I contacted a pretty well known gallery for urban art and inquired about Banksy print they had listed on artnet.com.. the response i got blows me away. The print is sold.. but then they go on to tell me not to buy Banksy as the market is topping and that i should put my money in ...... Plastic Jesus. so, i expect this auction to bomb completely and I'll be there to say "i told you so" ...errr. probably not. plastic jesus ? still scratching my head. of course this gallery is big in Bambi .. so maybe umm .. no .. no.. too hard to think this through..
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Black Apple Art
Art Gallery
Junior Member
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September 2013
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Bonhams β’ Art Auctions β’ London π¬π§, by Black Apple Art on Jan 13, 2015 1:04:04 GMT 1, Odd moment of the week for me. I contacted a pretty well known gallery for urban art and inquired about Banksy print they had listed on artnet.com.. the response i got blows me away. The print is sold.. but then they go on to tell me not to buy Banksy as the market is topping and that i should put my money in ...... Plastic Jesus. so, i expect this auction to bomb completely and I'll be there to say "i told you so" ...errr. probably not. plastic jesus ? still scratching my head. of course this gallery is big in Bambi .. so maybe umm .. no .. no.. too hard to think this through..
Odd moment of the week for me. I contacted a pretty well known gallery for urban art and inquired about Banksy print they had listed on artnet.com.. the response i got blows me away. The print is sold.. but then they go on to tell me not to buy Banksy as the market is topping and that i should put my money in ...... Plastic Jesus. so, i expect this auction to bomb completely and I'll be there to say "i told you so" ...errr. probably not. plastic jesus ? still scratching my head. of course this gallery is big in Bambi .. so maybe umm .. no .. no.. too hard to think this through.. Got that same great advice twice from them when inquiring as well. Got a good laugh out of it even though I do like what PJ does here in LA. |
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Dr Plip
Junior Member
π¨οΈ 7,043
ππ» 8,981
August 2011
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Bonhams β’ Art Auctions β’ London π¬π§, by Dr Plip on Jan 13, 2015 1:05:44 GMT 1, Odd moment of the week for me. I contacted a pretty well known gallery for urban art and inquired about Banksy print they had listed on artnet.com.. the response i got blows me away. The print is sold.. but then they go on to tell me not to buy Banksy as the market is topping and that i should put my money in ...... Plastic Jesus. so, i expect this auction to bomb completely and I'll be there to say "i told you so" ...errr. probably not. plastic jesus ? still scratching my head. of course this gallery is big in Bambi .. so maybe umm .. no .. no.. too hard to think this through..
Odd moment of the week for me. I contacted a pretty well known gallery for urban art and inquired about Banksy print they had listed on artnet.com.. the response i got blows me away. The print is sold.. but then they go on to tell me not to buy Banksy as the market is topping and that i should put my money in ...... Plastic Jesus. so, i expect this auction to bomb completely and I'll be there to say "i told you so" ...errr. probably not. plastic jesus ? still scratching my head. of course this gallery is big in Bambi .. so maybe umm .. no .. no.. too hard to think this through.. |
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dueuomo
New Member
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January 2014
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Bonhams β’ Art Auctions β’ London π¬π§, by dueuomo on Jan 13, 2015 1:32:14 GMT 1, Odd moment of the week for me. I contacted a pretty well known gallery for urban art and inquired about Banksy print they had listed on artnet.com.. the response i got blows me away. The print is sold.. but then they go on to tell me not to buy Banksy as the market is topping and that i should put my money in ...... Plastic Jesus. so, i expect this auction to bomb completely and I'll be there to say "i told you so" ...errr. probably not. plastic jesus ? still scratching my head. of course this gallery is big in Bambi .. so maybe umm .. no .. no.. too hard to think this through.. Got that same great advice twice from them when inquiring as well. Got a good laugh out of it even though I do like what PJ does here in LA.
Odd moment of the week for me. I contacted a pretty well known gallery for urban art and inquired about Banksy print they had listed on artnet.com.. the response i got blows me away. The print is sold.. but then they go on to tell me not to buy Banksy as the market is topping and that i should put my money in ...... Plastic Jesus. so, i expect this auction to bomb completely and I'll be there to say "i told you so" ...errr. probably not. plastic jesus ? still scratching my head. of course this gallery is big in Bambi .. so maybe umm .. no .. no.. too hard to think this through.. Got that same great advice twice from them when inquiring as well. Got a good laugh out of it even though I do like what PJ does here in LA. Same here! |
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daveart
New Member
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February 2008
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Bonhams β’ Art Auctions β’ London π¬π§, by daveart on Jan 13, 2015 1:44:52 GMT 1, Pretty sure I upset them with my response.... I suggested they hang the "stop making stupid people famous" over with their Bambi pieces and see if it kind of all made sense...
sometimes humor hurts ....
I like some of the PJ work .. But I am not sure anyone is the next banksy .. The next banksy will be the person that leads the next major art explosion ..
Pretty sure I upset them with my response.... I suggested they hang the "stop making stupid people famous" over with their Bambi pieces and see if it kind of all made sense...
sometimes humor hurts ....
I like some of the PJ work .. But I am not sure anyone is the next banksy .. The next banksy will be the person that leads the next major art explosion ..
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Dr Plip
Junior Member
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August 2011
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Bonhams β’ Art Auctions β’ London π¬π§, by Dr Plip on Jan 13, 2015 2:04:18 GMT 1, Pretty sure I upset them with my response.... I suggested they hand the "stop making stupid people famous" over with their Bambi pieces and see if it kind of all made sense... sometimes humor hurts .... I like some of the PJ work .. But I am not sure anyone is the next banksy .. The next banksy will be the person that leads the next major art explosion ..
Pretty sure I upset them with my response.... I suggested they hand the "stop making stupid people famous" over with their Bambi pieces and see if it kind of all made sense... sometimes humor hurts .... I like some of the PJ work .. But I am not sure anyone is the next banksy .. The next banksy will be the person that leads the next major art explosion .. I like that PJ dabbles in installations. I don't think I've seen a print that I like yet though. Plus, their UK handlers are in bed with the Daily Mail, so for that, I knock points off. I think I'd rather people just say "Artist X" will be "the next big thing", etc, instead of "the next Banksy". It's insulting to all artists concerned. |
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nrgball
Junior Member
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January 2011
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Poster Bob
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September 2013
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Bonhams β’ Art Auctions β’ London π¬π§, by Poster Bob on Jan 16, 2015 13:05:12 GMT 1, Here's a spread from the catalog that Laz posted:
http://instagram.com/p/x6gSIJN23n
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Deleted
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January 1970
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Bonhams β’ Art Auctions β’ London π¬π§, by Deleted on Jan 23, 2015 18:55:36 GMT 1, Odd moment of the week for me. I contacted a pretty well known gallery for urban art and inquired about Banksy print they had listed on artnet.com.. the response i got blows me away. The print is sold.. but then they go on to tell me not to buy Banksy as the market is topping and that i should put my money in ...... Plastic Jesus. so, i expect this auction to bomb completely and I'll be there to say "i told you so" ...errr. probably not. plastic jesus ? still scratching my head. of course this gallery is big in Bambi .. so maybe umm .. no .. no.. too hard to think this through..
Odd moment of the week for me. I contacted a pretty well known gallery for urban art and inquired about Banksy print they had listed on artnet.com.. the response i got blows me away. The print is sold.. but then they go on to tell me not to buy Banksy as the market is topping and that i should put my money in ...... Plastic Jesus. so, i expect this auction to bomb completely and I'll be there to say "i told you so" ...errr. probably not. plastic jesus ? still scratching my head. of course this gallery is big in Bambi .. so maybe umm .. no .. no.. too hard to think this through.. So that's it then? .... No more hype? |
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Oski
New Member
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December 2014
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Bonhams β’ Art Auctions β’ London π¬π§, by Oski on Jan 23, 2015 19:16:13 GMT 1, Odd moment of the week for me. I contacted a pretty well known gallery for urban art and inquired about Banksy print they had listed on artnet.com.. the response i got blows me away. The print is sold.. but then they go on to tell me not to buy Banksy as the market is topping and that i should put my money in ...... Plastic Jesus. so, i expect this auction to bomb completely and I'll be there to say "i told you so" ...errr. probably not. plastic jesus ? still scratching my head. of course this gallery is big in Bambi .. so maybe umm .. no .. no.. too hard to think this through..
Odd moment of the week for me. I contacted a pretty well known gallery for urban art and inquired about Banksy print they had listed on artnet.com.. the response i got blows me away. The print is sold.. but then they go on to tell me not to buy Banksy as the market is topping and that i should put my money in ...... Plastic Jesus. so, i expect this auction to bomb completely and I'll be there to say "i told you so" ...errr. probably not. plastic jesus ? still scratching my head. of course this gallery is big in Bambi .. so maybe umm .. no .. no.. too hard to think this through.. This is classic "bait and switch". When I was in London a few months back I had on my schedule an afternoon of galleries, many of them had Banksy pieces listed on their website. Turns out that I saw no Banksys that day. Galleries either were "sold out" or I had to contact a sales director separately. Seems that street/urban art galleries feel the need to have Banksy to gain cred and get people in the door and then maybe sell them something else. |
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Unica
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November 2013
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Bonhams β’ Art Auctions β’ London π¬π§, by Unica on Jan 23, 2015 19:33:08 GMT 1, Agreed I can think of several galleries and a carpet shop that advertise Banksy prints/canvases, then when you contact them about a certain piece they tell you "we feel Banksy has is too expensive at present levels and won't be buying anymore until the the prices crashes, but you should buy this Bambi"
Agreed I can think of several galleries and a carpet shop that advertise Banksy prints/canvases, then when you contact them about a certain piece they tell you "we feel Banksy has is too expensive at present levels and won't be buying anymore until the the prices crashes, but you should buy this Bambi"
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