silvermyn
Junior Member
Posts โข 1,612
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April 2008
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by silvermyn on Feb 19, 2019 14:00:26 GMT 1, Poor Bonhams!
To be fair to them they do hold the record for a Banksy editioned canvas, unless I've overlooked a sale or two elsewhere. Nearly ยฃ350k with buyer's premium for an edition of 25.
www.bonhams.com/auctions/24744/lot/44/
Agreed that prints don't do as well as they seem to do elsewhere but give them some credit...
If you owned this and wanted to get the best return on it. Would you have put it in this auction house or one of the others? If one of the others which one? For me, it would depend on which auction house offered me the best deal on seller's commission.
I think that buyers with big wallets know when Banksy originals come up and don't really care which auction house is selling them. Stick it on your website and "they shall come". The editioned GWB canvas demonstrates this point well.
Poor Bonhams!
To be fair to them they do hold the record for a Banksy editioned canvas, unless I've overlooked a sale or two elsewhere. Nearly ยฃ350k with buyer's premium for an edition of 25.
www.bonhams.com/auctions/24744/lot/44/
Agreed that prints don't do as well as they seem to do elsewhere but give them some credit...
If you owned this and wanted to get the best return on it. Would you have put it in this auction house or one of the others? If one of the others which one? For me, it would depend on which auction house offered me the best deal on seller's commission.
I think that buyers with big wallets know when Banksy originals come up and don't really care which auction house is selling them. Stick it on your website and "they shall come". The editioned GWB canvas demonstrates this point well.
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eschiff
Junior Member
Posts โข 2,064
Likes โข 999
January 2010
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by eschiff on Feb 19, 2019 14:08:45 GMT 1, I believe the guy ended up buying the grappling hook (as did I). As an owner, I'm curious to see where this lands, was also wondering whether the first to come up to auction would be sold with or without the box. I had thoughts of cutting up the box and framing the panels, wonder what that would do to the value of the hook - is the box now a part of the art? I was on the fence at the time, it was a lot of money for me and quite a stretch - back then I figured if worse came to worst then I thought I'd at least be able to sell it for cost - looks like it may be quite a few multiples of that. If you ever decide to frame the sides post pics - thatโs how I think it should be kept too - do understand though that could harm the purity of the piece
Yeah, interesting as of course no one knew the box would come with the stencils. At least I didnโt anyway.
I believe the guy ended up buying the grappling hook (as did I). As an owner, I'm curious to see where this lands, was also wondering whether the first to come up to auction would be sold with or without the box. I had thoughts of cutting up the box and framing the panels, wonder what that would do to the value of the hook - is the box now a part of the art? I was on the fence at the time, it was a lot of money for me and quite a stretch - back then I figured if worse came to worst then I thought I'd at least be able to sell it for cost - looks like it may be quite a few multiples of that. If you ever decide to frame the sides post pics - thatโs how I think it should be kept too - do understand though that could harm the purity of the piece Yeah, interesting as of course no one knew the box would come with the stencils. At least I didnโt anyway.
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Fake
Artist
Junior Member
Posts โข 2,376
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July 2008
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Fake on Feb 19, 2019 15:34:00 GMT 1, The original price was around 60K right?
The original price was around 60K right?
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avec art
Junior Member
Posts โข 3,727
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March 2014
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by avec art on Feb 19, 2019 15:39:54 GMT 1, The original price was around 60K right? I think it was ยฃ40K + VAT
The original price was around 60K right? I think it was ยฃ40K + VAT
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juveniled
New Member
Posts โข 59
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November 2018
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by juveniled on Feb 19, 2019 15:45:13 GMT 1, i have a feeling this will go for a big number If this doesn't reach multiples of the low estimate, I'm sure that people on here will not hesitate to start slating Bonhams. However, a large grappling hook with rope isn't a very practical piece to display in a collection and (let's face it) a cardboard box is still a cardboard box when it comes to finding a space for it. To top it all it's an image of the emaciated Jesus on a cross which isn't what most of today's generation of collectors want. This is one of the reasons Christ With Shopping Bags doesn't hit levels it should do IMHO. Should two people really want it then the sky is the limit. Will it be Bonham's fault if it doesn't reach outlandish expectations...? For the money, I'm sure that most people would be holding out for an editioned canvas. I thought $100,000 seemed pretty high for Christ With Shopping Bags?? That's almost NOLA prices? Is that not considered high now?
www.sothebys.com/en/auctions/ecatalogue/2018/creating-a-stage-collection-of-marsha-and-robin-williams-n09977/lot.9.html
I personally do not think it matters which auction house this goes with, any serious collectors will unlikely care at all, they will be hunting out the piece. There are so few original Banksy pieces that come up now that the audience surely will go to whoever is selling... Especially post-shredding intervention at Sotheby's. The market seems red hot.
I could be wrong but I think Bonham's Balloon Girl edition of /25 for 340kGBP in the exact same auction last year is the highest on record for a Banksy edition of that quantity? Any other better similar edition examples elsewhere?
Isn't the guy in charge of post-war / contemporary at Bonham's pretty experienced with street / contemporary art in the London art scene? I seem to remember he was x Lazarides.
My guess is hordes of bidders will flock to this sale and it's going to go crazy high being first to a sell as i'm sure many other owners will hold onto these for quite sometime hoping they go even higher (likely).
i have a feeling this will go for a big number If this doesn't reach multiples of the low estimate, I'm sure that people on here will not hesitate to start slating Bonhams. However, a large grappling hook with rope isn't a very practical piece to display in a collection and (let's face it) a cardboard box is still a cardboard box when it comes to finding a space for it. To top it all it's an image of the emaciated Jesus on a cross which isn't what most of today's generation of collectors want. This is one of the reasons Christ With Shopping Bags doesn't hit levels it should do IMHO. Should two people really want it then the sky is the limit. Will it be Bonham's fault if it doesn't reach outlandish expectations...? For the money, I'm sure that most people would be holding out for an editioned canvas. I thought $100,000 seemed pretty high for Christ With Shopping Bags?? That's almost NOLA prices? Is that not considered high now? www.sothebys.com/en/auctions/ecatalogue/2018/creating-a-stage-collection-of-marsha-and-robin-williams-n09977/lot.9.htmlI personally do not think it matters which auction house this goes with, any serious collectors will unlikely care at all, they will be hunting out the piece. There are so few original Banksy pieces that come up now that the audience surely will go to whoever is selling... Especially post-shredding intervention at Sotheby's. The market seems red hot. I could be wrong but I think Bonham's Balloon Girl edition of /25 for 340kGBP in the exact same auction last year is the highest on record for a Banksy edition of that quantity? Any other better similar edition examples elsewhere? Isn't the guy in charge of post-war / contemporary at Bonham's pretty experienced with street / contemporary art in the London art scene? I seem to remember he was x Lazarides. My guess is hordes of bidders will flock to this sale and it's going to go crazy high being first to a sell as i'm sure many other owners will hold onto these for quite sometime hoping they go even higher (likely).
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Shoot Again
Junior Member
Posts โข 5,561
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April 2011
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Shoot Again on Feb 19, 2019 16:05:06 GMT 1, i have a feeling this will go for a big number If this doesn't reach multiples of the low estimate, I'm sure that people on here will not hesitate to start slating Bonhams. However, a large grappling hook with rope isn't a very practical piece to display in a collection and (let's face it) a cardboard box is still a cardboard box when it comes to finding a space for it. To top it all it's an image of the emaciated Jesus on a cross which isn't what most of today's generation of collectors want. This is one of the reasons Christ With Shopping Bags doesn't hit levels it should do IMHO. Should two people really want it then the sky is the limit. Will it be Bonham's fault if it doesn't reach outlandish expectations...? For the money, I'm sure that most people would be holding out for an editioned canvas. Exactly my thoughts ;-)
i have a feeling this will go for a big number If this doesn't reach multiples of the low estimate, I'm sure that people on here will not hesitate to start slating Bonhams. However, a large grappling hook with rope isn't a very practical piece to display in a collection and (let's face it) a cardboard box is still a cardboard box when it comes to finding a space for it. To top it all it's an image of the emaciated Jesus on a cross which isn't what most of today's generation of collectors want. This is one of the reasons Christ With Shopping Bags doesn't hit levels it should do IMHO. Should two people really want it then the sky is the limit. Will it be Bonham's fault if it doesn't reach outlandish expectations...? For the money, I'm sure that most people would be holding out for an editioned canvas. Exactly my thoughts ;-)
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silvermyn
Junior Member
Posts โข 1,612
Likes โข 781
April 2008
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by silvermyn on Feb 19, 2019 17:03:41 GMT 1, If this doesn't reach multiples of the low estimate, I'm sure that people on here will not hesitate to start slating Bonhams. However, a large grappling hook with rope isn't a very practical piece to display in a collection and (let's face it) a cardboard box is still a cardboard box when it comes to finding a space for it. To top it all it's an image of the emaciated Jesus on a cross which isn't what most of today's generation of collectors want. This is one of the reasons Christ With Shopping Bags doesn't hit levels it should do IMHO. Should two people really want it then the sky is the limit. Will it be Bonham's fault if it doesn't reach outlandish expectations...? For the money, I'm sure that most people would be holding out for an editioned canvas. I thought $100,000 seemed pretty high for Christ With Shopping Bags?? That's almost NOLA prices? Is that not considered high now? www.sothebys.com/en/auctions/ecatalogue/2018/creating-a-stage-collection-of-marsha-and-robin-williams-n09977/lot.9.htmlThat one came in at five times the high end estimate! It was a freak result which surprised pretty much everyone watching, but the fact that it was owned by the late Robin Williams did it no harm. It's unlikely to be seen as the new benchmark for CWSB. We'll have to keep an eye on the next auction estimate to find out I guess.
With a low edition number and it being an early print, perhaps $100k should be the benchmark for a CWSB in good condition. However, I feel that the subject matter will hold it back. Your suggestion that the higher and more recent edition NOLA is a similar price to CWSB kind of proves the point.
If this doesn't reach multiples of the low estimate, I'm sure that people on here will not hesitate to start slating Bonhams. However, a large grappling hook with rope isn't a very practical piece to display in a collection and (let's face it) a cardboard box is still a cardboard box when it comes to finding a space for it. To top it all it's an image of the emaciated Jesus on a cross which isn't what most of today's generation of collectors want. This is one of the reasons Christ With Shopping Bags doesn't hit levels it should do IMHO. Should two people really want it then the sky is the limit. Will it be Bonham's fault if it doesn't reach outlandish expectations...? For the money, I'm sure that most people would be holding out for an editioned canvas. I thought $100,000 seemed pretty high for Christ With Shopping Bags?? That's almost NOLA prices? Is that not considered high now? www.sothebys.com/en/auctions/ecatalogue/2018/creating-a-stage-collection-of-marsha-and-robin-williams-n09977/lot.9.htmlThat one came in at five times the high end estimate! It was a freak result which surprised pretty much everyone watching, but the fact that it was owned by the late Robin Williams did it no harm. It's unlikely to be seen as the new benchmark for CWSB. We'll have to keep an eye on the next auction estimate to find out I guess.
With a low edition number and it being an early print, perhaps $100k should be the benchmark for a CWSB in good condition. However, I feel that the subject matter will hold it back. Your suggestion that the higher and more recent edition NOLA is a similar price to CWSB kind of proves the point.
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irl1
Full Member
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December 2017
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by irl1 on Feb 19, 2019 17:29:26 GMT 1, Perhaps Bonhams is giving the seller better rates than the other auction houses. And anyway, Bonhams is still a relatively high-end auction house whatever you may think of them. Then artnet should have been the place
0% sellers commission on items over 10k and they have good results
Perhaps Bonhams is giving the seller better rates than the other auction houses. And anyway, Bonhams is still a relatively high-end auction house whatever you may think of them. Then artnet should have been the place 0% sellers commission on items over 10k and they have good results
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ncewnimw
New Member
Posts โข 565
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November 2011
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by ncewnimw on Feb 19, 2019 18:01:07 GMT 1, If this doesn't reach multiples of the low estimate, I'm sure that people on here will not hesitate to start slating Bonhams. However, a large grappling hook with rope isn't a very practical piece to display in a collection and (let's face it) a cardboard box is still a cardboard box when it comes to finding a space for it. To top it all it's an image of the emaciated Jesus on a cross which isn't what most of today's generation of collectors want. This is one of the reasons Christ With Shopping Bags doesn't hit levels it should do IMHO. Should two people really want it then the sky is the limit. Will it be Bonham's fault if it doesn't reach outlandish expectations...? For the money, I'm sure that most people would be holding out for an editioned canvas. I thought $100,000 seemed pretty high for Christ With Shopping Bags?? That's almost NOLA prices? Is that not considered high now? www.sothebys.com/en/auctions/ecatalogue/2018/creating-a-stage-collection-of-marsha-and-robin-williams-n09977/lot.9.htmlI personally do not think it matters which auction house this goes with, any serious collectors will unlikely care at all, they will be hunting out the piece. There are so few original Banksy pieces that come up now that the audience surely will go to whoever is selling... Especially post-shredding intervention at Sotheby's. The market seems red hot. I could be wrong but I think Bonham's Balloon Girl edition of /25 for 340kGBP in the exact same auction last year is the highest on record for a Banksy edition of that quantity? Any other better similar edition examples elsewhere? Isn't the guy in charge of post-war / contemporary at Bonham's pretty experienced with street / contemporary art in the London art scene? I seem to remember he was xย Lazarides.ย My guess is hordes of bidders will flock to this sale and it's going to go crazy high being first to a sell as i'm sure many other owners will hold onto these for quite sometime hoping they go even higher (likely).
If you refer to Ralph Taylor then yes, heโs ex LAZ.
If this doesn't reach multiples of the low estimate, I'm sure that people on here will not hesitate to start slating Bonhams. However, a large grappling hook with rope isn't a very practical piece to display in a collection and (let's face it) a cardboard box is still a cardboard box when it comes to finding a space for it. To top it all it's an image of the emaciated Jesus on a cross which isn't what most of today's generation of collectors want. This is one of the reasons Christ With Shopping Bags doesn't hit levels it should do IMHO. Should two people really want it then the sky is the limit. Will it be Bonham's fault if it doesn't reach outlandish expectations...? For the money, I'm sure that most people would be holding out for an editioned canvas. I thought $100,000 seemed pretty high for Christ With Shopping Bags?? That's almost NOLA prices? Is that not considered high now? www.sothebys.com/en/auctions/ecatalogue/2018/creating-a-stage-collection-of-marsha-and-robin-williams-n09977/lot.9.htmlI personally do not think it matters which auction house this goes with, any serious collectors will unlikely care at all, they will be hunting out the piece. There are so few original Banksy pieces that come up now that the audience surely will go to whoever is selling... Especially post-shredding intervention at Sotheby's. The market seems red hot. I could be wrong but I think Bonham's Balloon Girl edition of /25 for 340kGBP in the exact same auction last year is the highest on record for a Banksy edition of that quantity? Any other better similar edition examples elsewhere? Isn't the guy in charge of post-war / contemporary at Bonham's pretty experienced with street / contemporary art in the London art scene? I seem to remember he was xย Lazarides.ย My guess is hordes of bidders will flock to this sale and it's going to go crazy high being first to a sell as i'm sure many other owners will hold onto these for quite sometime hoping they go even higher (likely). If you refer to Ralph Taylor then yes, heโs ex LAZ.
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Deleted
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January 1970
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Deleted on Feb 19, 2019 20:27:22 GMT 1, That one came in at five timesย the high end estimate! It was a freak result which surprised pretty much everyone watching, butย the fact that it was owned by the lateย Robin Williams did it no harm.ย ย It's unlikely to beย seen as the new benchmark for CWSB.ย We'll have to keep an eye on the next auction estimate to find out I guess.
With a low edition number and it being an early print, perhaps $100kย should be the benchmark for a CWSB in good condition.ย However, I feel that the subject matter willย hold it back.ย ย Your suggestion that the higher and more recent edition NOLA is a similar price to CWSB kind of proves the point.
An estimate of $20k was somewhat low for this so saying that it went for 5 times over doesnt really help value the print. Itโs difficult to value, they dont come up for auction / sale that often but I recall that when Laz had a clear out at auction a few years back, early 2015, this went for about ยฃ23k.
That one came in at five timesย the high end estimate! It was a freak result which surprised pretty much everyone watching, butย the fact that it was owned by the lateย Robin Williams did it no harm.ย ย It's unlikely to beย seen as the new benchmark for CWSB.ย We'll have to keep an eye on the next auction estimate to find out I guess.
With a low edition number and it being an early print, perhaps $100kย should be the benchmark for a CWSB in good condition.ย However, I feel that the subject matter willย hold it back.ย ย Your suggestion that the higher and more recent edition NOLA is a similar price to CWSB kind of proves the point.
An estimate of $20k was somewhat low for this so saying that it went for 5 times over doesnt really help value the print. Itโs difficult to value, they dont come up for auction / sale that often but I recall that when Laz had a clear out at auction a few years back, early 2015, this went for about ยฃ23k.
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irl1
Full Member
Posts โข 9,274
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December 2017
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by irl1 on Feb 19, 2019 21:13:18 GMT 1, That one came in at five times the high end estimate! It was a freak result which surprised pretty much everyone watching, but the fact that it was owned by the late Robin Williams did it no harm. It's unlikely to be seen as the new benchmark for CWSB. We'll have to keep an eye on the next auction estimate to find out I guess.
With a low edition number and it being an early print, perhaps $100k should be the benchmark for a CWSB in good condition. However, I feel that the subject matter will hold it back. Your suggestion that the higher and more recent edition NOLA is a similar price to CWSB kind of proves the point.
An estimate of $20k was somewhat low for this so saying that it went for 5 times over doesnt really help value the print. Itโs difficult to value, they dont come up for auction / sale that often but I recall that when Laz had a clear out at auction a few years back, early 2015, this went for about ยฃ23k. That's some clear out, i had one too. A Walled Off Hotel pencil, pen, tee shirt and i also got 23 pounds for mine
That one came in at five times the high end estimate! It was a freak result which surprised pretty much everyone watching, but the fact that it was owned by the late Robin Williams did it no harm. It's unlikely to be seen as the new benchmark for CWSB. We'll have to keep an eye on the next auction estimate to find out I guess.
With a low edition number and it being an early print, perhaps $100k should be the benchmark for a CWSB in good condition. However, I feel that the subject matter will hold it back. Your suggestion that the higher and more recent edition NOLA is a similar price to CWSB kind of proves the point.
An estimate of $20k was somewhat low for this so saying that it went for 5 times over doesnt really help value the print. Itโs difficult to value, they dont come up for auction / sale that often but I recall that when Laz had a clear out at auction a few years back, early 2015, this went for about ยฃ23k. That's some clear out, i had one too. A Walled Off Hotel pencil, pen, tee shirt and i also got 23 pounds for mine
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Deleted
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January 1970
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Deleted on Feb 19, 2019 21:30:33 GMT 1, I cant recall precisely when it was, early 2015 methinks, but he shipped loads of stuff from under his bed and CWSB was one of them. The auction caused the now routine hike in prices at all the usual suspect galleries; every Banksy changed to POA at Hang Up for a day and when prices were shown again they were somewhat inflated.
I cant recall precisely when it was, early 2015 methinks, but he shipped loads of stuff from under his bed and CWSB was one of them. The auction caused the now routine hike in prices at all the usual suspect galleries; every Banksy changed to POA at Hang Up for a day and when prices were shown again they were somewhat inflated.
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sl1973
New Member
Posts โข 14
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February 2019
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by sl1973 on Feb 20, 2019 17:14:36 GMT 1, I also was lucky to get the chance to buy a Grappling Hook and recently got it appraised by Phillips and Sothebys. Neither seemed to have much insight on the piece. Phillips gave a 6 to 8k gbp estimate (LOL) and Sotheby's 30k-50k gbp.
Sotheby's offered placing in the prints and editions sale auction in September, which possibly would not have such a deep pocketed audience.
It does not surprise me that this is at Bonhams as the others so far for me have not been offering good sales, estimates or sellers fees.
What would be the best strategy to sell now that one is already on the second market? hold onto for a long time or sell while the market is very strong for Banksy?
I also was lucky to get the chance to buy a Grappling Hook and recently got it appraised by Phillips and Sothebys. Neither seemed to have much insight on the piece. Phillips gave a 6 to 8k gbp estimate (LOL) and Sotheby's 30k-50k gbp.
Sotheby's offered placing in the prints and editions sale auction in September, which possibly would not have such a deep pocketed audience.
It does not surprise me that this is at Bonhams as the others so far for me have not been offering good sales, estimates or sellers fees.
What would be the best strategy to sell now that one is already on the second market? hold onto for a long time or sell while the market is very strong for Banksy?
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avec art
Junior Member
Posts โข 3,727
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March 2014
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by avec art on Feb 20, 2019 17:53:39 GMT 1, you were one of the lucky few who were actually able to purchase one, so enjoy it
you were one of the lucky few who were actually able to purchase one, so enjoy it
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sl1973
New Member
Posts โข 14
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February 2019
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by sl1973 on Feb 20, 2019 18:25:43 GMT 1, Really insightful, thank you so much for a nice and helpful reply (free from the traditional UAA sarcasm!).
Will be interesting to see what happens with this sale, as you say for a Banksy and auction houses this piece is unprecedented and in uncharted territory.
My guess is on this occasion it will go very high as the post war / contemporary art team at Bonhams have done a very good job on the presentation and marketing.
Who knows how Phillips got to a 6-8k estimate since I also told them what the retail cost was!? Haha
Just saying though, when folk on here are wondering why someone is selling in a Bonhams sale rather than say a Phillips sale - that given does have some very cool art - there perhaps is your reason. Some mildly clueless specialists.
Really insightful, thank you so much for a nice and helpful reply (free from the traditional UAA sarcasm!).
Will be interesting to see what happens with this sale, as you say for a Banksy and auction houses this piece is unprecedented and in uncharted territory.
My guess is on this occasion it will go very high as the post war / contemporary art team at Bonhams have done a very good job on the presentation and marketing.
Who knows how Phillips got to a 6-8k estimate since I also told them what the retail cost was!? Haha
Just saying though, when folk on here are wondering why someone is selling in a Bonhams sale rather than say a Phillips sale - that given does have some very cool art - there perhaps is your reason. Some mildly clueless specialists.
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Eton Groover
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February 2008
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Eton Groover on Feb 20, 2019 19:05:11 GMT 1, Not typical of the artists genre Not the artists usual medium Religious imagery Itโs an edition not an original.
I think the estimate is extremely bullish
Not typical of the artists genre Not the artists usual medium Religious imagery Itโs an edition not an original.
I think the estimate is extremely bullish
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Deleted
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January 1970
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Deleted on Feb 20, 2019 20:23:36 GMT 1, Really insightful, thank you so much for a nice and helpful reply (free from the traditional UAA sarcasm!). Will be interesting to see what happens with this sale, as you say for a Banksy and auction houses this piece is unprecedented and in uncharted territory. My guess is on this occasion it will go very high as the post war / contemporary art team at Bonhams have done a very good job on the presentation and marketing. Who knows how Phillips got to a 6-8k estimate since I also told them what the retail cost was!? Haha Just saying though, when folk on here are wondering why someone is selling in a Bonhams sale rather than say a Phillips sale - that given does have some very cool art - there perhaps is your reason. Some mildly clueless specialists.
Yeah, fair enough, thanks for letting us know, explains a lot. 6-8k, quite embarrassing, was this over the phone, or did they see it? Who was it at Phillips?
Really insightful, thank you so much for a nice and helpful reply (free from the traditional UAA sarcasm!). Will be interesting to see what happens with this sale, as you say for a Banksy and auction houses this piece is unprecedented and in uncharted territory. My guess is on this occasion it will go very high as the post war / contemporary art team at Bonhams have done a very good job on the presentation and marketing. Who knows how Phillips got to a 6-8k estimate since I also told them what the retail cost was!? Haha Just saying though, when folk on here are wondering why someone is selling in a Bonhams sale rather than say a Phillips sale - that given does have some very cool art - there perhaps is your reason. Some mildly clueless specialists. Yeah, fair enough, thanks for letting us know, explains a lot. 6-8k, quite embarrassing, was this over the phone, or did they see it? Who was it at Phillips?
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Deleted
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January 1970
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Deleted on Feb 20, 2019 20:26:34 GMT 1, Really insightful, thank you so much for a nice and helpful reply (free from the traditional UAA sarcasm!). Will be interesting to see what happens with this sale, as you say for a Banksy and auction houses this piece isย unprecedented and in uncharted territory. My guess is on this occasion it will go very high as the post war / contemporary art team at Bonhams have done a very good job on the presentation and marketing.ย Who knows how Phillips got to a 6-8k estimate since I also told them what the retail cost was!? Haha Just saying though, when folk on here are wondering why someone is selling in a Bonhams sale rather than say a Phillips sale - that given does have some very cool art - there perhaps is your reason. Some mildly clueless specialists.ย Yeah, fair enough, thanks for letting us know, explains a lot. 6-8k, quite embarrassing, was this over the phone, or did they see it?ย Who was it at Phillips? ย Leslie or Captain Mark by the sound of it๐
Really insightful, thank you so much for a nice and helpful reply (free from the traditional UAA sarcasm!). Will be interesting to see what happens with this sale, as you say for a Banksy and auction houses this piece isย unprecedented and in uncharted territory. My guess is on this occasion it will go very high as the post war / contemporary art team at Bonhams have done a very good job on the presentation and marketing.ย Who knows how Phillips got to a 6-8k estimate since I also told them what the retail cost was!? Haha Just saying though, when folk on here are wondering why someone is selling in a Bonhams sale rather than say a Phillips sale - that given does have some very cool art - there perhaps is your reason. Some mildly clueless specialists.ย Yeah, fair enough, thanks for letting us know, explains a lot. 6-8k, quite embarrassing, was this over the phone, or did they see it?ย Who was it at Phillips? ย Leslie or Captain Mark by the sound of it๐
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Gunny
Junior Member
Posts โข 1,603
Likes โข 1,115
July 2012
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Gunny on Feb 20, 2019 20:52:40 GMT 1, Not typical of the artists genre Not the artists usual medium Religious imagery Itโs an edition not an original. I think the estimate is extremely bullish On the COA, it says 'This is to Certify that this work described above is an 'original work of art' by Banksy
Therefore I would say it is an ORIGINAL
Not typical of the artists genre Not the artists usual medium Religious imagery Itโs an edition not an original. I think the estimate is extremely bullish On the COA, it says 'This is to Certify that this work described above is an 'original work of art' by Banksy Therefore I would say it is an ORIGINAL
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Eton Groover
New Member
Posts โข 967
Likes โข 1,013
February 2008
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Eton Groover on Feb 20, 2019 21:38:14 GMT 1, Not typical of the artists genre Not the artists usual medium Religious imagery Itโs an edition not an original. I think the estimate is extremely bullish On the COA, it says 'This is to Certify that this work described above is an 'original work of art' by Banksy Therefore I would say it is an ORIGINAL
Every COA says that. Even if itโs an edition of 600!
Not typical of the artists genre Not the artists usual medium Religious imagery Itโs an edition not an original. I think the estimate is extremely bullish On the COA, it says 'This is to Certify that this work described above is an 'original work of art' by Banksy Therefore I would say it is an ORIGINAL Every COA says that. Even if itโs an edition of 600!
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Gunny
Junior Member
Posts โข 1,603
Likes โข 1,115
July 2012
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Gunny on Feb 20, 2019 22:22:34 GMT 1, Every COA says that. Even if itโs an edition of 600! So an editioned Canvas, ie, GWB edition of 25 spray painted by hand is not an original, i think many would disagree .
Every COA says that. Even if itโs an edition of 600! So an editioned Canvas, ie, GWB edition of 25 spray painted by hand is not an original, i think many would disagree .
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lorraballs
New Member
Posts โข 214
Likes โข 198
September 2012
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by lorraballs on Feb 21, 2019 9:55:49 GMT 1, Every COA says that. Even if itโs an edition of 600! So an editioned Canvas, ie, Girl With Balloon edition of 25 spray painted by hand is not an original, i think many would disagree . Many would be wrong. Well, you know what I mean. Itโs hardly original if there are more than one, whatever the semantics.
I think this is a nice curiosity. An aberration from his usual oeuvre. Having said that, Dismaland featured many โsculpturesโ, and his Guantanamo/Disneyland stunt, well, it depends whether bonuses have been paid. It could go either way. I wouldnโt thank you for it.
Every COA says that. Even if itโs an edition of 600! So an editioned Canvas, ie, Girl With Balloon edition of 25 spray painted by hand is not an original, i think many would disagree . Many would be wrong. Well, you know what I mean. Itโs hardly original if there are more than one, whatever the semantics. I think this is a nice curiosity. An aberration from his usual oeuvre. Having said that, Dismaland featured many โsculpturesโ, and his Guantanamo/Disneyland stunt, well, it depends whether bonuses have been paid. It could go either way. I wouldnโt thank you for it.
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Unica
Junior Member
Posts โข 2,060
Likes โข 1,222
November 2013
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Unica on Feb 21, 2019 10:03:18 GMT 1, IMO this won't break ยฃ100k, it's not very wall friendly, similar to Christ with shopping bags that's always sold at a discount given its edition size, plus its awkward to display and in my experience collectors want prints or canvases and it's an edition piece of 25. I think most would opt for a GWB or rare NOLA as I would. That being said if two wealthy people are interested anything could happen.
IMO this won't break ยฃ100k, it's not very wall friendly, similar to Christ with shopping bags that's always sold at a discount given its edition size, plus its awkward to display and in my experience collectors want prints or canvases and it's an edition piece of 25. I think most would opt for a GWB or rare NOLA as I would. That being said if two wealthy people are interested anything could happen.
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Shoot Again
Junior Member
Posts โข 5,561
Likes โข 2,765
April 2011
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Shoot Again on Feb 21, 2019 10:03:55 GMT 1, Not surprised few forumites owners are already exploring the idea of flipping it, I certainly wouldn't want to display this in my house ! My best guess is that 75% of people who bought this did so primarly with the idea of cashing in quickly. Whether there's depth in Banksy market to buy ~20 of them for twice what it was initially sold for remains to be proven... Good luck
Not surprised few forumites owners are already exploring the idea of flipping it, I certainly wouldn't want to display this in my house ! My best guess is that 75% of people who bought this did so primarly with the idea of cashing in quickly. Whether there's depth in Banksy market to buy ~20 of them for twice what it was initially sold for remains to be proven... Good luck
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Carl Cashman
Artist
Junior Member
Posts โข 1,775
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August 2017
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Carl Cashman on Feb 21, 2019 10:29:23 GMT 1, Not typical of the artists genre Not the artists usual medium Religious imagery Itโs an edition not an original. I think the estimate is extremely bullish While editions of Lenin on roller blades are 100k.... this will/should be double that.
Not typical of the artists genre Not the artists usual medium Religious imagery Itโs an edition not an original. I think the estimate is extremely bullish While editions of Lenin on roller blades are 100k.... this will/should be double that.
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Shoot Again
Junior Member
Posts โข 5,561
Likes โข 2,765
April 2011
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Shoot Again on Feb 21, 2019 10:32:14 GMT 1, Not typical of the artists genre Not the artists usual medium Religious imagery Itโs an edition not an original. I think the estimate is extremely bullish While editions of Lenin on roller blades are 100k.... this will/should be double that. Why double ? Why not half or triple ? ;-)
Not typical of the artists genre Not the artists usual medium Religious imagery Itโs an edition not an original. I think the estimate is extremely bullish While editions of Lenin on roller blades are 100k.... this will/should be double that. Why double ? Why not half or triple ? ;-)
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Carl Cashman
Artist
Junior Member
Posts โข 1,775
Likes โข 3,147
August 2017
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Carl Cashman on Feb 21, 2019 10:34:24 GMT 1, While editions of Lenin on roller blades are 100k.... this will/should be double that. Why double ? Why not half or triple ? ;-) Well my point is Lenin is a atrosity of a piece and sells well, so I guessed double. You're more than welcome to say cost price or triple though lol ๐
It seems 99% of these were purchased to flip, so I doubt there will be a shortage over the next 12 month's
While editions of Lenin on roller blades are 100k.... this will/should be double that. Why double ? Why not half or triple ? ;-) Well my point is Lenin is a atrosity of a piece and sells well, so I guessed double. You're more than welcome to say cost price or triple though lol ๐ It seems 99% of these were purchased to flip, so I doubt there will be a shortage over the next 12 month's
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Shoot Again
Junior Member
Posts โข 5,561
Likes โข 2,765
April 2011
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Shoot Again on Feb 21, 2019 10:36:13 GMT 1, Why double ? Why not half or triple ? ;-) Well my point is Lenin is a atrosity of a piece and sells well, so I guessed double. You're more than welcome to say cost price or triple though lol ๐ I was just interested in the reasonning as to how you priced it
Why double ? Why not half or triple ? ;-) Well my point is Lenin is a atrosity of a piece and sells well, so I guessed double. You're more than welcome to say cost price or triple though lol ๐ I was just interested in the reasonning as to how you priced it
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Carl Cashman
Artist
Junior Member
Posts โข 1,775
Likes โข 3,147
August 2017
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Carl Cashman on Feb 21, 2019 10:40:59 GMT 1, Well my point is Lenin is a atrosity of a piece and sells well, so I guessed double. You're more than welcome to say cost price or triple though lol ๐ I was just interested in the reasonning as to how you priced it Yeah man for sure, was just reconfirming my Lenin logic. For my mates that scored this I hope it flys.... being selfish I hope not and I somehow flog all my collection to .buy one lol
Well my point is Lenin is a atrosity of a piece and sells well, so I guessed double. You're more than welcome to say cost price or triple though lol ๐ I was just interested in the reasonning as to how you priced it Yeah man for sure, was just reconfirming my Lenin logic. For my mates that scored this I hope it flys.... being selfish I hope not and I somehow flog all my collection to .buy one lol
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Shoot Again
Junior Member
Posts โข 5,561
Likes โข 2,765
April 2011
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Shoot Again on Feb 21, 2019 10:43:47 GMT 1, I was just interested in the reasonning as to how you priced it Yeah man for sure, was just reconfirming my Lenin logic. For my mates that scored this I hope it flys.... being selfish I hope not and I somehow flog all my collection to .buy one lol Surely your entire collection is much better than that piece which does absolutely nothing for me ;-)
I was just interested in the reasonning as to how you priced it Yeah man for sure, was just reconfirming my Lenin logic. For my mates that scored this I hope it flys.... being selfish I hope not and I somehow flog all my collection to .buy one lol Surely your entire collection is much better than that piece which does absolutely nothing for me ;-)
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