Deleted
Posts โข 0
Likes โข
January 1970
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Deleted on Mar 3, 2015 15:31:25 GMT 1, I'm surprised that there are only two Banksy prints in this auction. I thought that the recent results from Lazarides' sale would have coaxed out more prints from portfolios. It's a prints and multiples auction, and has stuff by Durer and Rembrandt, Goya and other long dead scribblers. In fact something for everyone.
I'm surprised that there are only two Banksy prints in this auction. I thought that the recent results from Lazarides' sale would have coaxed out more prints from portfolios. It's a prints and multiples auction, and has stuff by Durer and Rembrandt, Goya and other long dead scribblers. In fact something for everyone.
|
|
Matt
Junior Member
Posts โข 2,354
Likes โข 3,444
September 2014
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Matt on Mar 3, 2015 16:14:06 GMT 1, To be honest if you bid live, you might get caught up in the shuffle and end up over paying. Best bet would be to document the lot numbers that you are interested in and the max hammer price taking into account the extra fees...this way if you are live bidding you can take control of the urge by referencing your playbook :-) This is exactly the right approach and advice! I actually submit an absentee bid form with my max price (factoring in the buyer premium (25% on hammer typically), artistic resale (3%-7%, if any), taxes (depending on location), and shipping (this can be a big number >ยฃ500 for a small/medium framed piece for bespoke crating). I still end up watching the live bidding, but my die has been cast and whatever happens, happens. I don't let my emotions get caught up in the excitement of the bidding process and overpay for something. I trust myself even less; I put in a bid and don't watch the auction so I never get tempted to do something foolish.
The way people get carried away in auctions has actually been studied. It is said to be linked to the cognitive bias that the value you project on something you possess generally exceeds the value you project on the same thing if you do not possess it. - For example people are split into two groups. In one group each person is given an item (let's say a coffee mug) and asked for how much they would now part with it . The other group is then shown the item and asked how much they would pay to have it. The result is an obvious disconnect, and slowly people start meeting in the middle for an object they never though they would have / want - In auctions it has been shown that the more you keep on bidding, the less bidders there are against you, the closer you feel to actual ownership, hence the value of the object starts rising for you and you are keen to bid more...
Back to the auction, the Micallef and Parla bits are really quite nice !
To be honest if you bid live, you might get caught up in the shuffle and end up over paying. Best bet would be to document the lot numbers that you are interested in and the max hammer price taking into account the extra fees...this way if you are live bidding you can take control of the urge by referencing your playbook :-) This is exactly the right approach and advice! I actually submit an absentee bid form with my max price (factoring in the buyer premium (25% on hammer typically), artistic resale (3%-7%, if any), taxes (depending on location), and shipping (this can be a big number >ยฃ500 for a small/medium framed piece for bespoke crating). I still end up watching the live bidding, but my die has been cast and whatever happens, happens. I don't let my emotions get caught up in the excitement of the bidding process and overpay for something. I trust myself even less; I put in a bid and don't watch the auction so I never get tempted to do something foolish. The way people get carried away in auctions has actually been studied. It is said to be linked to the cognitive bias that the value you project on something you possess generally exceeds the value you project on the same thing if you do not possess it. - For example people are split into two groups. In one group each person is given an item (let's say a coffee mug) and asked for how much they would now part with it . The other group is then shown the item and asked how much they would pay to have it. The result is an obvious disconnect, and slowly people start meeting in the middle for an object they never though they would have / want - In auctions it has been shown that the more you keep on bidding, the less bidders there are against you, the closer you feel to actual ownership, hence the value of the object starts rising for you and you are keen to bid more... Back to the auction, the Micallef and Parla bits are really quite nice !
|
|
|
Deleted
Posts โข 0
Likes โข
January 1970
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Deleted on Mar 4, 2015 17:49:30 GMT 1, Auction houses don' want too many Banksy's unless it's an auction of only Banksy stuff as they like other prints to get high bids too.
There are some nice prints in that sale.
Auction houses don' want too many Banksy's unless it's an auction of only Banksy stuff as they like other prints to get high bids too.
There are some nice prints in that sale.
|
|
leumasdarnley
Junior Member
Posts โข 2,650
Likes โข 49
May 2007
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by leumasdarnley on Mar 4, 2015 18:06:07 GMT 1, Nice prices on Parla I feel a bit of regret on not bidding...
Nice prices on Parla I feel a bit of regret on not bidding...
|
|
yapsey
Junior Member
Posts โข 1,217
Likes โข 227
November 2007
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by yapsey on Mar 4, 2015 18:07:16 GMT 1, ยฃ7k for a signed golf sale!!!? - absolute bargain for someone.
ยฃ7k for a signed golf sale!!! ? - absolute bargain for someone.
|
|
|
disdig1
New Member
Posts โข 534
Likes โข 366
October 2011
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by disdig1 on Mar 4, 2015 18:19:59 GMT 1, I am pissed at myself for not registering, those Parlas went very cheap.
I am pissed at myself for not registering, those Parlas went very cheap.
|
|
yapsey
Junior Member
Posts โข 1,217
Likes โข 227
November 2007
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by yapsey on Mar 4, 2015 18:23:10 GMT 1, I am pissed at myself for not registering, those Parlas went very cheap. and all ed 100/100. would have made a lovely set.
I am pissed at myself for not registering, those Parlas went very cheap. and all ed 100/100. would have made a lovely set.
|
|
alittle
Junior Member
Posts โข 1,575
Likes โข 1,315
November 2012
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by alittle on Mar 4, 2015 18:28:59 GMT 1, ยฃ7k for a signed golf sale!!! ? - absolute bargain for someone. ยฃ8750 incl. premium, plus VAT.
ยฃ7k for a signed golf sale!!! ? - absolute bargain for someone. ยฃ8750 incl. premium, plus VAT.
|
|
Winter
Junior Member
Posts โข 7,152
Likes โข 4,455
March 2007
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Winter on Mar 4, 2015 18:33:24 GMT 1, I got the impression that room was full of people not particularly into urban art.
I got the impression that room was full of people not particularly into urban art.
|
|
yapsey
Junior Member
Posts โข 1,217
Likes โข 227
November 2007
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by yapsey on Mar 4, 2015 18:36:36 GMT 1, ยฃ7k for a signed golf sale!!! ? - absolute bargain for someone. ยฃ8750 incl. premium, plus VAT. still. even at that price that's below market atm
ยฃ7k for a signed golf sale!!! ? - absolute bargain for someone. ยฃ8750 incl. premium, plus VAT. still. even at that price that's below market atm
|
|
disdig1
New Member
Posts โข 534
Likes โข 366
October 2011
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by disdig1 on Mar 4, 2015 18:37:04 GMT 1, I would have been very unhappy with pretty much every result on the urban stuff if I was a seller. They were practically giving the failes away.
I would have been very unhappy with pretty much every result on the urban stuff if I was a seller. They were practically giving the failes away.
|
|
Oski
New Member
Posts โข 383
Likes โข 617
December 2014
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Oski on Mar 4, 2015 18:40:04 GMT 1, ยฃ7k for a signed golf sale!!! ? - absolute bargain for someone. Always have to include all the other fees:
Buyer's Premium (25%) = ยฃ1,750 VAT (20% of BP) = ยฃ350 Artists Resale Rights (4%) = ยฃ280
This totals ยฃ9,380 and still doesn't include crate shipping (if necessary) of >ยฃ500 and 2% credit card fee (if applicable) of ยฃ188, so the total can be over ยฃ10K.
People tend to just focus on the hammer, and is part of the reason people overpay at auctions.
ยฃ7k for a signed golf sale!!! ? - absolute bargain for someone. Always have to include all the other fees: Buyer's Premium (25%) = ยฃ1,750 VAT (20% of BP) = ยฃ350 Artists Resale Rights (4%) = ยฃ280 This totals ยฃ9,380 and still doesn't include crate shipping (if necessary) of >ยฃ500 and 2% credit card fee (if applicable) of ยฃ188, so the total can be over ยฃ10K. People tend to just focus on the hammer, and is part of the reason people overpay at auctions.
|
|
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Happy Shopper on Mar 4, 2015 18:44:52 GMT 1, I would have been very unhappy with pretty much every result on the urban stuff if I was a seller. They were practically giving the failes away. I think only 2 of the Failes sold. Burning Bright and Falling for Faile. Both for ยฃ1000... pretty good for the buyer, but not outstanding... crap for the seller though!
I would have been very unhappy with pretty much every result on the urban stuff if I was a seller. They were practically giving the failes away. I think only 2 of the Failes sold. Burning Bright and Falling for Faile. Both for ยฃ1000... pretty good for the buyer, but not outstanding... crap for the seller though!
|
|
|
yapsey
Junior Member
Posts โข 1,217
Likes โข 227
November 2007
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by yapsey on Mar 4, 2015 18:52:49 GMT 1, ยฃ7k for a signed golf sale!!! ? - absolute bargain for someone. Always have to include all the other fees: Buyer's Premium (25%) = ยฃ1,750 VAT (20% of BP) = ยฃ350 Artists Resale Rights (4%) = ยฃ280 This totals ยฃ9,380 and still doesn't include crate shipping (if necessary) of >ยฃ500 and 2% credit card fee (if applicable) of ยฃ188, so the total can be over ยฃ10K. People tend to just focus on the hammer, and is part of the reason people overpay at auctions. Fair point. I completely agree about that people forget fees etc (i should have put + fees!)
I still think that after all the fees are added, that is a steal for someone for a golf sale with the prices as they have been atm.
the parlas especially - someone was on to an absolute winner with those prices.
ยฃ7k for a signed golf sale!!! ? - absolute bargain for someone. Always have to include all the other fees: Buyer's Premium (25%) = ยฃ1,750 VAT (20% of BP) = ยฃ350 Artists Resale Rights (4%) = ยฃ280 This totals ยฃ9,380 and still doesn't include crate shipping (if necessary) of >ยฃ500 and 2% credit card fee (if applicable) of ยฃ188, so the total can be over ยฃ10K. People tend to just focus on the hammer, and is part of the reason people overpay at auctions. Fair point. I completely agree about that people forget fees etc (i should have put + fees!) I still think that after all the fees are added, that is a steal for someone for a golf sale with the prices as they have been atm. the parlas especially - someone was on to an absolute winner with those prices.
|
|
alittle
Junior Member
Posts โข 1,575
Likes โข 1,315
November 2012
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by alittle on Mar 4, 2015 18:56:07 GMT 1, The Parla prices made me wish I registered to bid. Ah well.
The Parla prices made me wish I registered to bid. Ah well.
|
|
Oski
New Member
Posts โข 383
Likes โข 617
December 2014
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Oski on Mar 4, 2015 19:23:09 GMT 1, I would have been very unhappy with pretty much every result on the urban stuff if I was a seller. They were practically giving the failes away. I think only 2 of the Failes sold. Burning Bright and Falling for Faile. Both for ยฃ1000... pretty good for the buyer, but not outstanding... crap for the seller though! Especially since the seller has to pay:
Seller's Commissions (~15%) = ยฃ150 Loss/Damage Warranty Fee (1.5%) = ยฃ15
So the seller of the Faile for ยฃ1,000 nets ยฃ835, not including any cost of transporting the piece to the auction house.
For the ones that did not sell, the seller still has to pay: Unsold Charge = depends, but is nominal for the cost of photographing, cataloging, marketing Loss/Damage Warranty Fee (1.5% of average high/low est.)
So the unsold has the salt in the wound of transport costs, unsold charge, and warranty fee.
I would have been very unhappy with pretty much every result on the urban stuff if I was a seller. They were practically giving the failes away. I think only 2 of the Failes sold. Burning Bright and Falling for Faile. Both for ยฃ1000... pretty good for the buyer, but not outstanding... crap for the seller though! Especially since the seller has to pay: Seller's Commissions (~15%) = ยฃ150 Loss/Damage Warranty Fee (1.5%) = ยฃ15 So the seller of the Faile for ยฃ1,000 nets ยฃ835, not including any cost of transporting the piece to the auction house. For the ones that did not sell, the seller still has to pay: Unsold Charge = depends, but is nominal for the cost of photographing, cataloging, marketing Loss/Damage Warranty Fee (1.5% of average high/low est.) So the unsold has the salt in the wound of transport costs, unsold charge, and warranty fee.
|
|
proffesser
New Member
Posts โข 593
Likes โข 297
May 2007
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by proffesser on Mar 4, 2015 20:25:09 GMT 1, Was Uzi lovers and angel bombers for both prints? Or just a typo?
Was Uzi lovers and angel bombers for both prints? Or just a typo?
|
|
Matt
Junior Member
Posts โข 2,354
Likes โข 3,444
September 2014
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Matt on Mar 4, 2015 20:29:48 GMT 1, Site seems to say both Banksys "sold for 8750 inc. premium" or am I reading it wrong ?
Was quite obvious the DFace would not sell at that price.
Site seems to say both Banksys "sold for 8750 inc. premium" or am I reading it wrong ?
Was quite obvious the DFace would not sell at that price.
|
|
Oski
New Member
Posts โข 383
Likes โข 617
December 2014
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Oski on Mar 4, 2015 20:59:25 GMT 1, Site seems to say both Banksys "sold for 8750 inc. premium" or am I reading it wrong ? Was quite obvious the DFace would not sell at that price. That's what I'm seeing also is that they both achieved the same ยฃ8,750 inc. premium price. To be clear, each was ยฃ8,750 and not price for the pair.
Site seems to say both Banksys "sold for 8750 inc. premium" or am I reading it wrong ? Was quite obvious the DFace would not sell at that price. That's what I'm seeing also is that they both achieved the same ยฃ8,750 inc. premium price. To be clear, each was ยฃ8,750 and not price for the pair.
|
|
Matt
Junior Member
Posts โข 2,354
Likes โข 3,444
September 2014
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Matt on Mar 4, 2015 21:17:16 GMT 1, If that is the case those are good prices. Next time I get quoted a Sotheby's price I will reply with a Bonhams price :-)
If that is the case those are good prices. Next time I get quoted a Sotheby's price I will reply with a Bonhams price :-)
|
|
Poster Bob
Junior Member
Posts โข 5,869
Likes โข 5,480
September 2013
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Poster Bob on Mar 5, 2015 8:23:57 GMT 1, I don't think they're particularly good prices but I assume that they reflect the current market. That is, the idea that your prints are worth the same as Lazarides' fluke auction is laughable.
I don't think they're particularly good prices but I assume that they reflect the current market. That is, the idea that your prints are worth the same as Lazarides' fluke auction is laughable.
|
|
|
Winter
Junior Member
Posts โข 7,152
Likes โข 4,455
March 2007
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Winter on Mar 5, 2015 18:03:21 GMT 1, The Banksy 'Have a Nice Day' was dedicated '4 Jack' which is never ideal unless your name is Jack. It would definitely affect the price.
The Banksy 'Have a Nice Day' was dedicated '4 Jack' which is never ideal unless your name is Jack. It would definitely affect the price.
|
|
Poster Bob
Junior Member
Posts โข 5,869
Likes โข 5,480
September 2013
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Poster Bob on Mar 5, 2015 18:07:27 GMT 1, And it's also an AP which theoretically should drive the price higher.
And it's also an AP which theoretically should drive the price higher.
|
|
Winter
Junior Member
Posts โข 7,152
Likes โข 4,455
March 2007
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Winter on Mar 5, 2015 22:16:18 GMT 1, For me personally as a collector the dedication would put me off even on an AP. If it was an alternative colourway or in some way different that would give me a dilemma!
For me personally as a collector the dedication would put me off even on an AP. If it was an alternative colourway or in some way different that would give me a dilemma!
|
|
alittle
Junior Member
Posts โข 1,575
Likes โข 1,315
November 2012
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by alittle on Mar 6, 2015 0:12:24 GMT 1, For me personally as a collector the dedication would put me off even on an AP. If it was an alternative colourway or in some way different that would give me a dilemma! I'm with you. No interest in owning art specifically labelled as being for someone else. Even if it was my own name, it still wouldn't feel quite right.
For me personally as a collector the dedication would put me off even on an AP. If it was an alternative colourway or in some way different that would give me a dilemma! I'm with you. No interest in owning art specifically labelled as being for someone else. Even if it was my own name, it still wouldn't feel quite right.
|
|
cambodia
New Member
Posts โข 21
Likes โข 1
March 2009
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by cambodia on Mar 26, 2015 5:00:54 GMT 1, hi there
dont know if anyone interested in this but i have just sent these of to bonhams for their sale in july all are in perfect condition framed and have full coa ,just thought this might be of interest to people wanting to know values
coloured trolleys their estimate 3-5 thousand stop and search 4-6 nola 5-7 very little helps 4-6
hi there
dont know if anyone interested in this but i have just sent these of to bonhams for their sale in july all are in perfect condition framed and have full coa ,just thought this might be of interest to people wanting to know values
coloured trolleys their estimate 3-5 thousand stop and search 4-6 nola 5-7 very little helps 4-6
|
|
Pipes
Junior Member
Posts โข 2,438
Likes โข 2,883
January 2012
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Pipes on Mar 26, 2015 5:03:29 GMT 1, They are all very low.
Nola 5-7 ridiculously so.
They are all very low.
Nola 5-7 ridiculously so.
|
|
lucky7
New Member
Posts โข 423
Likes โข 178
June 2014
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by lucky7 on Mar 26, 2015 5:26:01 GMT 1, All signed? Right? of course.
All signed? Right? of course.
|
|
Poster Bob
Junior Member
Posts โข 5,869
Likes โข 5,480
September 2013
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Poster Bob on Mar 26, 2015 7:47:53 GMT 1, Yes, I would assume that signed only prints are signed. They do consistently give very low estimates; either because they're out of touch with the market or they think it increases the competition for the work. I think it's the latter.
Yes, I would assume that signed only prints are signed. They do consistently give very low estimates; either because they're out of touch with the market or they think it increases the competition for the work. I think it's the latter.
|
|