fusion0001
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November 2019
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by fusion0001 on Feb 25, 2021 15:00:34 GMT 1, Just ran the results and updated on banksy-value.com I think we are finally seeing a correction in the ratio between signed and unsigned:
- Overall index for Feb is down 4.3%, but it is an improvement vs pre-Bonhams, when it was down 5-6%
- Signed are pretty much flat (down 1%)
- Unsigned are down 6.5%
Just ran the results and updated on banksy-value.com I think we are finally seeing a correction in the ratio between signed and unsigned: - Overall index for Feb is down 4.3%, but it is an improvement vs pre-Bonhams, when it was down 5-6%
- Signed are pretty much flat (down 1%)
- Unsigned are down 6.5%
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ECL
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April 2020
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by ECL on Feb 25, 2021 15:07:16 GMT 1, Do you think the trend of auction houses mixing art with other items such as cars / memorabilia or in this case dresses and shoes work?
Do you think the trend of auction houses mixing art with other items such as cars / memorabilia or in this case dresses and shoes work?
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LJCal
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by LJCal on Feb 25, 2021 15:13:20 GMT 1, Some of the unsigned did fine, Flag, BME, HMV and IFTL were all strong in my view. Unsigned HC and PF probabaly disapointed a few people.
Some of the unsigned did fine, Flag, BME, HMV and IFTL were all strong in my view. Unsigned HC and PF probabaly disapointed a few people.
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LJCal
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by LJCal on Feb 25, 2021 15:17:36 GMT 1, I think the issue is that people are looking to cash in on weaker images like your Grannies and Trollies and there simply isn't the demand to support recent prices. Stronger signed images seem to have done fine and are more likely to hold their value in my view.
I think the issue is that people are looking to cash in on weaker images like your Grannies and Trollies and there simply isn't the demand to support recent prices. Stronger signed images seem to have done fine and are more likely to hold their value in my view.
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by The Italian One on Feb 25, 2021 15:40:19 GMT 1, honestly I never saw a signed LN selling for more than an US GWRB..till today ( if I'm right)
honestly I never saw a signed LN selling for more than an US GWRB..till today ( if I'm right)
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Poster Bob
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Poster Bob on Feb 25, 2021 15:46:19 GMT 1, Still waiting for Stop & Search to go up.
Still waiting for Stop & Search to go up.
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E9Boy
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by E9Boy on Feb 25, 2021 16:55:36 GMT 1, Still waiting for Stop & Search to go up. Thought it did ok considering there's another chance in a couple of weeks...
Still waiting for Stop & Search to go up. Thought it did ok considering there's another chance in a couple of weeks...
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kentkid
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May 2007
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by kentkid on Feb 25, 2021 17:01:02 GMT 1, Still waiting for Stop & Search to go up. It just did, today's selling price of ยฃ107k is an all-time high.
Still waiting for Stop & Search to go up. It just did, today's selling price of ยฃ107k is an all-time high.
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Poster Bob
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Poster Bob on Feb 25, 2021 17:09:39 GMT 1, Haha, I should have been clearer! I see it as one of Banksy's best, and think it, and Nola, are undervalued. I think both should consistently be at ยฃ150,000+.
Haha, I should have been clearer! I see it as one of Banksy's best, and think it, and Nola, are undervalued. I think both should consistently be at ยฃ150,000+.
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JFCC
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May 2020
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by JFCC on Feb 25, 2021 17:16:06 GMT 1, Bonhams has always been a place to buy not to sell IMHO, even though they are very generous in their condition reports. They seem to think that buyers will want to buy a ยฃ500 old movie photo and a ยฃ200k signed print in the same auction room which just highlights how off the pace they are.
Price wise it this auction followed that trend we have seen. However, the 3 Rats only did well against no history! Forum had signed Gangsta Rat recently and that went for ยฃ130k all done. I would be disappointed at the prices achieved today and well done the buyers.
LN was a record but following the trajectory of LIITA should have done better. GWB was average but poor from Pulp Fiction, Trolleys and Grin. Grannies had condition issues, which must be bad for them to be that clearly noted!
Donuts doing well reflected the infrequency and the only surprise was Stop and Search which like Grin should be ยฃ100k print all day long.
Gloom and doom? No but certainly a raised eyebrow. Signed v Unsigned may well be resetting a little, especially due to over supply of certain prints, which is no bad thing and it now looks pretty clear that we are going to get at best normal (20%) or sub normal gains going forward as the fall in the overall index demonstrates. No need to panic just sit and watch!
Bonhams has always been a place to buy not to sell IMHO, even though they are very generous in their condition reports. They seem to think that buyers will want to buy a ยฃ500 old movie photo and a ยฃ200k signed print in the same auction room which just highlights how off the pace they are.
Price wise it this auction followed that trend we have seen. However, the 3 Rats only did well against no history! Forum had signed Gangsta Rat recently and that went for ยฃ130k all done. I would be disappointed at the prices achieved today and well done the buyers.
LN was a record but following the trajectory of LIITA should have done better. GWB was average but poor from Pulp Fiction, Trolleys and Grin. Grannies had condition issues, which must be bad for them to be that clearly noted!
Donuts doing well reflected the infrequency and the only surprise was Stop and Search which like Grin should be ยฃ100k print all day long.
Gloom and doom? No but certainly a raised eyebrow. Signed v Unsigned may well be resetting a little, especially due to over supply of certain prints, which is no bad thing and it now looks pretty clear that we are going to get at best normal (20%) or sub normal gains going forward as the fall in the overall index demonstrates. No need to panic just sit and watch!
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E9Boy
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October 2020
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by E9Boy on Feb 25, 2021 17:59:58 GMT 1, Haha, I should have been clearer! I see it as one of Banksy's best, and think it, and Nola, are undervalued. I think both should consistently be at ยฃ150,000+.
I see, yes, letโs hope so...
Haha, I should have been clearer! I see it as one of Banksy's best, and think it, and Nola, are undervalued. I think both should consistently be at ยฃ150,000+. I see, yes, letโs hope so...
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Mass
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Mass on Feb 25, 2021 19:09:45 GMT 1, Always feel ungrateful with my decision to choose BME and flags when I could have bought other (did get choppers and LIITA too) but they are both great images. I have both framed whilst the other 2 are stored away!
Always feel ungrateful with my decision to choose BME and flags when I could have bought other (did get choppers and LIITA too) but they are both great images. I have both framed whilst the other 2 are stored away!
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eyectopus
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by eyectopus on Feb 25, 2021 19:22:14 GMT 1, Always feel ungrateful with my decision to choose Bomb Middle England and flags when I could have bought other (did get choppers and LIITA too) but they are both great images. I have both framed whilst the other 2 are stored away!
I agree that LIITA and Choppers are great images. I also think that BME and Flags are great. BME is very underrated imo. I have one framed and it is very striking.
Always feel ungrateful with my decision to choose Bomb Middle England and flags when I could have bought other (did get choppers and LIITA too) but they are both great images. I have both framed whilst the other 2 are stored away! I agree that LIITA and Choppers are great images. I also think that BME and Flags are great. BME is very underrated imo. I have one framed and it is very striking.
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Mass
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Mass on Feb 25, 2021 21:00:33 GMT 1, Always feel ungrateful with my decision to choose Bomb Middle England and flags when I could have bought other (did get choppers and LIITA too) but they are both great images. I have both framed whilst the other 2 are stored away! I agree that LIITA and Choppers are great images. I also think that Bomb Middle England and Flags are great. Bomb Middle England is very underrated imo. I have one framed and it is very striking. BME was how it all started for me, flicking through esquire magazine I saw an article in this unknown graffiti artist with the only image being BME and thought that will look cool in my first home was which cost me 60k. Iโve still got the sales particulars from when we sold it 18 months later for 120k and there in the lounge is BME hanging on the wall. Almost as much as we paid for the house!
Always feel ungrateful with my decision to choose Bomb Middle England and flags when I could have bought other (did get choppers and LIITA too) but they are both great images. I have both framed whilst the other 2 are stored away! I agree that LIITA and Choppers are great images. I also think that Bomb Middle England and Flags are great. Bomb Middle England is very underrated imo. I have one framed and it is very striking. BME was how it all started for me, flicking through esquire magazine I saw an article in this unknown graffiti artist with the only image being BME and thought that will look cool in my first home was which cost me 60k. Iโve still got the sales particulars from when we sold it 18 months later for 120k and there in the lounge is BME hanging on the wall. Almost as much as we paid for the house!
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eyectopus
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June 2008
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by eyectopus on Feb 25, 2021 21:21:44 GMT 1, I agree that LIITA and Choppers are great images. I also think that Bomb Middle England and Flags are great. Bomb Middle England is very underrated imo. I have one framed and it is very striking. Bomb Middle England was how it all started for me, flicking through esquire magazine I saw an article in this unknown graffiti artist with the only image being Bomb Middle England and thought that will look cool in my first home was which cost me 60k. Iโve still got the sales particulars from when we sold it 18 months later for 120k and there in the lounge is Bomb Middle England hanging on the wall. Almost as much as we paid for the house!
That is some jump in the price of your house it's a bit like the recent Banksy price rises Thats cool that you saw BME in a magazine and could go and purchase it. Sorry I misread you first message, I thought you had LIITA and Choppers framed and not the other way around.
I agree that LIITA and Choppers are great images. I also think that Bomb Middle England and Flags are great. Bomb Middle England is very underrated imo. I have one framed and it is very striking. Bomb Middle England was how it all started for me, flicking through esquire magazine I saw an article in this unknown graffiti artist with the only image being Bomb Middle England and thought that will look cool in my first home was which cost me 60k. Iโve still got the sales particulars from when we sold it 18 months later for 120k and there in the lounge is Bomb Middle England hanging on the wall. Almost as much as we paid for the house! That is some jump in the price of your house it's a bit like the recent Banksy price rises Thats cool that you saw BME in a magazine and could go and purchase it. Sorry I misread you first message, I thought you had LIITA and Choppers framed and not the other way around.
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robo
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by robo on Feb 26, 2021 1:40:34 GMT 1, There are a few items a few ks lower than some other auctions (most notably the damaged Grannies and the Colour Trolleys), but these are record auction results for some including Choc Donuts and Stop & Search.
There are a few items a few ks lower than some other auctions (most notably the damaged Grannies and the Colour Trolleys), but these are record auction results for some including Choc Donuts and Stop & Search.
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robo
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November 2006
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by robo on Feb 26, 2021 1:43:38 GMT 1, I think the issue is that people are looking to cash in on weaker images like your Grannies and Trollies and there simply isn't the demand to support recent prices. I disagree that these are weaker; personally they are two of my favourite Banksys. Apparently the Grannies was damaged; I don't know about the Trollies.
I think the issue is that people are looking to cash in on weaker images like your Grannies and Trollies and there simply isn't the demand to support recent prices. I disagree that these are weaker; personally they are two of my favourite Banksys. Apparently the Grannies was damaged; I don't know about the Trollies.
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Mass
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Mass on Feb 26, 2021 9:26:16 GMT 1, Bomb Middle England was how it all started for me, flicking through esquire magazine I saw an article in this unknown graffiti artist with the only image being Bomb Middle England and thought that will look cool in my first home was which cost me 60k. Iโve still got the sales particulars from when we sold it 18 months later for 120k and there in the lounge is Bomb Middle England hanging on the wall. Almost as much as we paid for the house! That is some jump in the price of your house it's a bit like the recent Banksy price rises Thats cool that you saw Bomb Middle England in a magazine and could go and purchase it. Sorry I misread you first message, I thought you had LIITA and Choppers framed and not the other way around. thought I best check my facts! Bought for 77k sold for 120k! Still got us off to a good start and now LIITA is worth more than that house potentially! My dad gave me the magazine, Iโm sure he thinks he deserves a share of the profits!
Bomb Middle England was how it all started for me, flicking through esquire magazine I saw an article in this unknown graffiti artist with the only image being Bomb Middle England and thought that will look cool in my first home was which cost me 60k. Iโve still got the sales particulars from when we sold it 18 months later for 120k and there in the lounge is Bomb Middle England hanging on the wall. Almost as much as we paid for the house! That is some jump in the price of your house it's a bit like the recent Banksy price rises Thats cool that you saw Bomb Middle England in a magazine and could go and purchase it. Sorry I misread you first message, I thought you had LIITA and Choppers framed and not the other way around. thought I best check my facts! Bought for 77k sold for 120k! Still got us off to a good start and now LIITA is worth more than that house potentially! My dad gave me the magazine, Iโm sure he thinks he deserves a share of the profits!
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Richy Rich
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Richy Rich on Feb 26, 2021 10:58:03 GMT 1, I think the issue is that people are looking to cash in on weaker images like your Grannies and Trollies and there simply isn't the demand to support recent prices. I disagree that these are weaker; personally they are two of my favourite Banksys. Apparently the Grannies was damaged; I don't know about the Trollies. I'd have to agree. Both classic Banksy prints. Think the huge quantity of trollies out there dilutes the love for them a bit think they're strong prints, especially the B&W edition. If that had been released as a small edition only it would be a very expensive print by now. Grannies is a bit more difficult. Not everyone wants a giant pink print with grannies knitting on their wall but it's still quintessentially Banksy and instantly recognisable as his work.
I think the issue is that people are looking to cash in on weaker images like your Grannies and Trollies and there simply isn't the demand to support recent prices. I disagree that these are weaker; personally they are two of my favourite Banksys. Apparently the Grannies was damaged; I don't know about the Trollies. I'd have to agree. Both classic Banksy prints. Think the huge quantity of trollies out there dilutes the love for them a bit think they're strong prints, especially the B&W edition. If that had been released as a small edition only it would be a very expensive print by now. Grannies is a bit more difficult. Not everyone wants a giant pink print with grannies knitting on their wall but it's still quintessentially Banksy and instantly recognisable as his work.
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LJCal
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by LJCal on Feb 26, 2021 11:36:59 GMT 1, I think the issue is that people are looking to cash in on weaker images like your Grannies and Trollies and there simply isn't the demand to support recent prices.ย I disagree that these are weaker; personally they are two of my favourite Banksys. Apparently the Grannies was damaged; I don't know about the Trollies.ย
Well itโs all subjective but historically in terms of value these have been cheaper prints and back end of last year they started closing the gap on other prints price wise, I think this was speculation as opposed to people genuinely buying these because they like them.
I think the issue is that people are looking to cash in on weaker images like your Grannies and Trollies and there simply isn't the demand to support recent prices.ย I disagree that these are weaker; personally they are two of my favourite Banksys. Apparently the Grannies was damaged; I don't know about the Trollies.ย Well itโs all subjective but historically in terms of value these have been cheaper prints and back end of last year they started closing the gap on other prints price wise, I think this was speculation as opposed to people genuinely buying these because they like them.
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F*X
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February 2009
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by F*X on Feb 26, 2021 11:50:22 GMT 1, There are a few items a few ks lower than some other auctions (most notably the damaged Grannies and the Colour Trolleys), but these are record auction results for some including Choc Donuts and Stop & Search. The results Choc Donuts & Bomb middle England surprised me slightly as they were both total payed records. Even before the extra 5% of hammer price for import duty is added .
This extra 5% is not shown on the all in price on Banksy value.
There are a few items a few ks lower than some other auctions (most notably the damaged Grannies and the Colour Trolleys), but these are record auction results for some including Choc Donuts and Stop & Search. The results Choc Donuts & Bomb middle England surprised me slightly as they were both total payed records. Even before the extra 5% of hammer price for import duty is added . This extra 5% is not shown on the all in price on Banksy value.
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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 26, 2021 13:05:32 GMT 1, BOOOOOOOOOOOOMMMMMMMM!!!!!!!!!! Doh....
BOOOOOOOOOOOOMMMMMMMM!!!!!!!!!! Doh....
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gritty
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by gritty on Feb 26, 2021 20:16:09 GMT 1, I disagree that these are weaker; personally they are two of my favourite Banksys. Apparently the Grannies was damaged; I don't know about the Trollies.ย Well itโs all subjective but historically in terms of value these have been cheaper prints and back end of last year they started closing the gap on other prints price wise, I think this was speculation as opposed to people genuinely buying these because they like them.
I donโt see this. Flags was THE cheapest print of all and done perfectly well. Grannies and trolleys are two of his best in my humble opinion.
I disagree that these are weaker; personally they are two of my favourite Banksys. Apparently the Grannies was damaged; I don't know about the Trollies.ย Well itโs all subjective but historically in terms of value these have been cheaper prints and back end of last year they started closing the gap on other prints price wise, I think this was speculation as opposed to people genuinely buying these because they like them. I donโt see this. Flags was THE cheapest print of all and done perfectly well. Grannies and trolleys are two of his best in my humble opinion.
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jay4077
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May 2017
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by jay4077 on Feb 26, 2021 21:42:03 GMT 1, Well I think Brexit and travel restrictions have an impact. A ยฃ100K print would quickly add ยฃ25K i taxes, fees and shipping for me. And there's no way for me to pick it up in person or see it in real life before bidding.
Well I think Brexit and travel restrictions have an impact. A ยฃ100K print would quickly add ยฃ25K i taxes, fees and shipping for me. And there's no way for me to pick it up in person or see it in real life before bidding.
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theclash
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by theclash on Feb 26, 2021 21:45:00 GMT 1, Well I think Brexit and travel restrictions have an impact. A ยฃ100K print would quickly add ยฃ25K i taxes, fees and shipping for me. And there's no way for me to pick it up in person or see it in real life before bidding.
Plus ye โold Quid ainโt at 1.25 to the Greenback no more.
Well I think Brexit and travel restrictions have an impact. A ยฃ100K print would quickly add ยฃ25K i taxes, fees and shipping for me. And there's no way for me to pick it up in person or see it in real life before bidding. Plus ye โold Quid ainโt at 1.25 to the Greenback no more.
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jay4077
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May 2017
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by jay4077 on Feb 27, 2021 0:30:15 GMT 1, I'm danish, so don't know if that's relevant to me. If you have to bring up old times, then you could say that travel restrictions doesn't apply to vikings ... nor price tags.
I'm danish, so don't know if that's relevant to me. If you have to bring up old times, then you could say that travel restrictions doesn't apply to vikings ... nor price tags.
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urbanny
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May 2019
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by urbanny on Mar 1, 2021 19:26:08 GMT 1, Well I think Brexit and travel restrictions have an impact. A ยฃ100K print would quickly add ยฃ25K i taxes, fees and shipping for me. And there's no way for me to pick it up in person or see it in real life before bidding. Plus ye โold Quid ainโt at 1.25 to the Greenback no more.
Ahhh, it's the dollars fault...
I don't understand why this thread isn't getting much love. It must be the art.
Well I think Brexit and travel restrictions have an impact. A ยฃ100K print would quickly add ยฃ25K i taxes, fees and shipping for me. And there's no way for me to pick it up in person or see it in real life before bidding. Plus ye โold Quid ainโt at 1.25 to the Greenback no more. Ahhh, it's the dollars fault... I don't understand why this thread isn't getting much love. It must be the art.
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doncarlos45
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June 2018
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by doncarlos45 on Mar 1, 2021 21:34:49 GMT 1, As an aside from the. Banksy sales I thought 2 of the Peter Blakeโs did well (100 sources & sergeant pepper) and Hirstโs Valium was the biggest price Iโve seen.
As an aside from the. Banksy sales I thought 2 of the Peter Blakeโs did well (100 sources & sergeant pepper) and Hirstโs Valium was the biggest price Iโve seen.
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neal
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September 2020
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by neal on Mar 2, 2021 17:32:58 GMT 1, As an aside from the. Banksy sales I thought 2 of the Peter Blakeโs did well (100 sources & sergeant pepper) and Hirstโs Valium was the biggest price Iโve seen. Yeah I was surprised by the Valium price given the condition report said it had several hard creases in it. I like the image but most that have come up at auction recently seem to have had quite prominent creases. Guess theyโre not ones people are dusting off from the depths of their plan chests or portfolios...
As an aside from the. Banksy sales I thought 2 of the Peter Blakeโs did well (100 sources & sergeant pepper) and Hirstโs Valium was the biggest price Iโve seen. Yeah I was surprised by the Valium price given the condition report said it had several hard creases in it. I like the image but most that have come up at auction recently seem to have had quite prominent creases. Guess theyโre not ones people are dusting off from the depths of their plan chests or portfolios...
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DMH
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November 2013
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Bonhams โข Art Auctions โข London ๐ฌ๐ง, by DMH on Mar 4, 2021 17:31:44 GMT 1, Anyone else just get offered the signed Laugh Now for hammer price?! Buyers remorse??
Anyone else just get offered the signed Laugh Now for hammer price?! Buyers remorse??
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