Amber Halo
New Member
Posts โข 554
Likes โข 625
April 2013
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Amber Halo on Jan 28, 2015 21:46:14 GMT 1, Estimate on the Baker always struck me as quite artificially low -- way under the list prices for canvasses at his last show (though the works at that show were mostly larger sized than this one at auction). 55K out the door for an older Baker canvas seems shockingly affordable (dare I say) in an overall auction that seemed overheated.
Many of the Banksy went for some nutty money. And the Harrington really seems to have gone at an exaggerated level. But I suppose this was all part of the Laz master plan.
The Charming Baker wasn't a canvas, it was on board and was possibly just a study. One of the biggest results in today's auction.
True, it is oil/acrylic on board -- not canvass, though I think that difference matters very little in terms of market value. What matters is it is an original 1 of 1 painting, not whether it's on canvass, board, aluminum or linen.
I am curious by your suggestion that it might be a study, though. Why would you think that? I wasn't collecting Bakers in 2008 (wish I fucking was)... but this piece is of a larger size than I'd think a study would be (132cm x 86cm) and also used as a print later on I believe.
Estimate on the Baker always struck me as quite artificially low -- way under the list prices for canvasses at his last show (though the works at that show were mostly larger sized than this one at auction). 55K out the door for an older Baker canvas seems shockingly affordable (dare I say) in an overall auction that seemed overheated.
Many of the Banksy went for some nutty money. And the Harrington really seems to have gone at an exaggerated level. But I suppose this was all part of the Laz master plan.
The Charming Baker wasn't a canvas, it was on board and was possibly just a study. One of the biggest results in today's auction.
True, it is oil/acrylic on board -- not canvass, though I think that difference matters very little in terms of market value. What matters is it is an original 1 of 1 painting, not whether it's on canvass, board, aluminum or linen.
I am curious by your suggestion that it might be a study, though. Why would you think that? I wasn't collecting Bakers in 2008 (wish I fucking was)... but this piece is of a larger size than I'd think a study would be (132cm x 86cm) and also used as a print later on I believe.
|
|
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Jeezuz Jones Snr on Jan 28, 2015 21:46:33 GMT 1, How much did the Parla canvas go for? Lot 20ย Josรฉ Parlรก (American, born 1973) Micro & Meen 2008 ย ยฃ13,750ย US$ 20,892ย
Seems some one got a good buy there.. Have his water colours come down in price at all? Any sold recently at auction?
How much did the Parla canvas go for? Lot 20ย Josรฉ Parlรก (American, born 1973) Micro & Meen 2008 ย ยฃ13,750ย US$ 20,892ย Seems some one got a good buy there.. Have his water colours come down in price at all? Any sold recently at auction?
|
|
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Jeezuz Jones Snr on Jan 28, 2015 21:47:26 GMT 1, It's been done before and quite possible Steve (or his mates) have bought all these? then next auction he will have loads of nice originals for sale.. $$$$!!!$$$$!!! If true they would have never let the only OG go for ยฃ40k.ย
Good point
It's been done before and quite possible Steve (or his mates) have bought all these? then next auction he will have loads of nice originals for sale.. $$$$!!!$$$$!!! If true they would have never let the only OG go for ยฃ40k.ย Good point
|
|
Deleted
Posts โข 0
Likes โข
January 1970
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Deleted on Jan 28, 2015 22:35:47 GMT 1, It's all a swindle .....A rock n roll swindle
It's all a swindle .....A rock n roll swindle
|
|
Boyle44
New Member
Posts โข 816
Likes โข 288
February 2014
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Boyle44 on Jan 28, 2015 22:48:41 GMT 1, Anyone worked out what laz will be walking away with after selling the banksys
Anyone worked out what laz will be walking away with after selling the banksys
|
|
anodyne13
New Member
Posts โข 432
Likes โข 212
April 2008
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by anodyne13 on Jan 28, 2015 23:05:26 GMT 1, They have the same overall release of 750 (B&W 100 LA, 150 POW signed, 500 POW u/s)...never mind the fact that the 400 missing LA prints may be discovered and flood the market. While there is much less signed B&W vs. color, I think the color just looks better IMHO and is one of my favorite Banksy prints. The signed POW B&W are only an edition of 150 so they are 5X rarer than the color. It was a bit off at the auction but as we see auctions can be emotional and many could have based their color bidding on the B&W results that proceeded it with both being signed. The B&W prints are more scarce, but that does not mean they are more desirable.
Scarcity is the main factor in the supply side of the supply v. demand that determines pricing. All it takes is over 5X more people to find the color version more desirable to make it worth more than the B&W. In the case of this print, I think if you took 100 average people and asked them which one they prefer it is quite probable that over 80% would go for the color version.
They have the same overall release of 750 (B&W 100 LA, 150 POW signed, 500 POW u/s)...never mind the fact that the 400 missing LA prints may be discovered and flood the market. While there is much less signed B&W vs. color, I think the color just looks better IMHO and is one of my favorite Banksy prints. The signed POW B&W are only an edition of 150 so they are 5X rarer than the color. It was a bit off at the auction but as we see auctions can be emotional and many could have based their color bidding on the B&W results that proceeded it with both being signed. The B&W prints are more scarce, but that does not mean they are more desirable. Scarcity is the main factor in the supply side of the supply v. demand that determines pricing. All it takes is over 5X more people to find the color version more desirable to make it worth more than the B&W. In the case of this print, I think if you took 100 average people and asked them which one they prefer it is quite probable that over 80% would go for the color version.
|
|
|
andyroo0312
Junior Member
Posts โข 2,174
Likes โข 1,675
July 2011
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by andyroo0312 on Jan 28, 2015 23:09:45 GMT 1, Early morning here and i just pulled up all the results for the auction and i would just like to send my condolences to any of the folk that thought this might bring prices down. Not sure why anyone would of thought that in the first place? I thought the estimates as far as auction house estimates go were on the high side once you add the crazy buyers commission. Good auctioneers work off emotion so as long as you hyped it well and get the people in the room and online human nature kicks in and when that happens i have seen people start to cry once the hammer goes down and they just realise what they have done i.e. spending a extra couple of grand that they never intended on spending on a piece that they had their eye on. Human emotions tend to boil over in a well hyped auction. Remember the only well run auction is the one that is hyped to its limit and every seat in the auction house is full, so i would say this was a good auction for everyone concerned just not the punters that thought this might end up getting them that Banksy they couldn't afford yesterday tomorrow. Personally i think these results are great as i am not in the Banksy market, ( i got priced out of that last year) I am grateful and happy with what i have got..
Early morning here and i just pulled up all the results for the auction and i would just like to send my condolences to any of the folk that thought this might bring prices down. Not sure why anyone would of thought that in the first place? I thought the estimates as far as auction house estimates go were on the high side once you add the crazy buyers commission. Good auctioneers work off emotion so as long as you hyped it well and get the people in the room and online human nature kicks in and when that happens i have seen people start to cry once the hammer goes down and they just realise what they have done i.e. spending a extra couple of grand that they never intended on spending on a piece that they had their eye on. Human emotions tend to boil over in a well hyped auction. Remember the only well run auction is the one that is hyped to its limit and every seat in the auction house is full, so i would say this was a good auction for everyone concerned just not the punters that thought this might end up getting them that Banksy they couldn't afford yesterday tomorrow. Personally i think these results are great as i am not in the Banksy market, ( i got priced out of that last year) I am grateful and happy with what i have got..
|
|
Deleted
Posts โข 0
Likes โข
January 1970
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Deleted on Jan 28, 2015 23:16:16 GMT 1, Anyone worked out what laz will be walking away with after selling the banksys Very deep thoughts.
Anyone worked out what laz will be walking away with after selling the banksys Very deep thoughts.
|
|
Winter
Junior Member
Posts โข 7,152
Likes โข 4,455
March 2007
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Winter on Jan 28, 2015 23:18:23 GMT 1, Anyone worked out what laz will be walking away with after selling the banksys Very deep thoughts. And how Artist Resale Rights will get the money to Banksy without them knowing who he is.
Anyone worked out what laz will be walking away with after selling the banksys Very deep thoughts. And how Artist Resale Rights will get the money to Banksy without them knowing who he is.
|
|
annar50
Junior Member
Posts โข 1,956
Likes โข 408
May 2008
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by annar50 on Jan 28, 2015 23:27:32 GMT 1, Anyone worked out what laz will be walking away with after selling the banksys
Walking away with all the pieces they put in the auction ..
Until next time ..
Anyone worked out what laz will be walking away with after selling the banksys Walking away with all the pieces they put in the auction .. Until next time ..
|
|
elevenspots
New Member
Posts โข 128
Likes โข 76
February 2013
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by elevenspots on Jan 28, 2015 23:51:28 GMT 1, And how Artist Resale Rights will get the money to Banksy without them knowing who he is.
Forget artist resale rights payments - how does Banksy pay his taxes on money paid for original works he sells. Who do you write the cheque 2 and how is the money split/hidden with business ventures he is a part of - pest control etc?
Questions Questions
And how Artist Resale Rights will get the money to Banksy without them knowing who he is. Forget artist resale rights payments - how does Banksy pay his taxes on money paid for original works he sells. Who do you write the cheque 2 and how is the money split/hidden with business ventures he is a part of - pest control etc? Questions Questions
|
|
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Happy Shopper on Jan 29, 2015 0:12:49 GMT 1, And how Artist Resale Rights will get the money to Banksy without them knowing who he is. Forget artist resale rights payments - how does Banksy pay his taxes on money paid for original works he sells. Who do you write the cheque 2 and how is the money split/hidden with business ventures he is a part of - pest control etc? Questions Questions
Easy. All money is paid to his agent (or PC / POW). Then his agent pays him to his real name. And he pays taxes under his real name... The tax office won't know he's Banksy though.
And how Artist Resale Rights will get the money to Banksy without them knowing who he is. Forget artist resale rights payments - how does Banksy pay his taxes on money paid for original works he sells. Who do you write the cheque 2 and how is the money split/hidden with business ventures he is a part of - pest control etc? Questions Questions Easy. All money is paid to his agent (or PC / POW). Then his agent pays him to his real name. And he pays taxes under his real name... The tax office won't know he's Banksy though.
|
|
elevenspots
New Member
Posts โข 128
Likes โข 76
February 2013
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by elevenspots on Jan 29, 2015 0:20:59 GMT 1, Forget artist resale rights payments - how does Banksy pay his taxes on money paid for original works he sells. Who do you write the cheque 2 and how is the money split/hidden with business ventures he is a part of - pest control etc? Questions Questions Easy. All money is paid to his agent (or PC / POW). Then his agent pays him to his real name. And he pays taxes under his real name... The tax office won't know he's Banksy though.
So, could you view accounts at companies house and review who the receives the large payments from pest control or agent - etc? Does the real Banksy have to also declare how the money is earned? I guess it's a lot more complicated to hide tracks - If said tracks need to be hidden?
Forget artist resale rights payments - how does Banksy pay his taxes on money paid for original works he sells. Who do you write the cheque 2 and how is the money split/hidden with business ventures he is a part of - pest control etc? Questions Questions Easy. All money is paid to his agent (or PC / POW). Then his agent pays him to his real name. And he pays taxes under his real name... The tax office won't know he's Banksy though. So, could you view accounts at companies house and review who the receives the large payments from pest control or agent - etc? Does the real Banksy have to also declare how the money is earned? I guess it's a lot more complicated to hide tracks - If said tracks need to be hidden?
|
|
rosengoo
New Member
Posts โข 49
Likes โข 10
August 2014
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by rosengoo on Jan 29, 2015 0:25:35 GMT 1, Wow, crazy prices on most. Am I correct in saying that although the results show the price including auction house premiums (25%), you still have to add on the 20% VAT and 4% Artist Resale Fees?
Wow, crazy prices on most. Am I correct in saying that although the results show the price including auction house premiums (25%), you still have to add on the 20% VAT and 4% Artist Resale Fees?
|
|
|
Deleted
Posts โข 0
Likes โข
January 1970
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Deleted on Jan 29, 2015 0:29:46 GMT 1, jesus christ with shopping bags
jesus christ with shopping bags
|
|
Ruggs
Full Member
Posts โข 8,958
Likes โข 4,581
January 2008
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Ruggs on Jan 29, 2015 0:45:58 GMT 1, It appears the 4 Soup Cans, Gold on Cream, ed.54, failed to sell with estimate of ยฃ3k - 5k. Even at ยฃ5k plus the premium would have still been great value.
It appears the 4 Soup Cans, Gold on Cream, ed.54, failed to sell with estimate of ยฃ3k - 5k. Even at ยฃ5k plus the premium would have still been great value.
|
|
dreadnatty
Junior Member
Posts โข 5,431
Likes โข 6,992
February 2013
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by dreadnatty on Jan 29, 2015 0:49:40 GMT 1, Anyone worked out what laz will be walking away with after selling the banksys Very deep thoughts.
Anyone worked out what laz will be walking away with after selling the banksys Very deep thoughts.
|
|
Deleted
Posts โข 0
Likes โข
January 1970
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Deleted on Jan 29, 2015 1:22:55 GMT 1, It appears the 4 Soup Cans, Gold on Cream, ed.54, failed to sell with estimate of ยฃ3k - 5k. Even at ยฃ5k plus the premium would have still been great value. Either the website hasn't been updated, or something strange has happened post sale. I was there and it hammered way north of the estimate range.
It appears the 4 Soup Cans, Gold on Cream, ed.54, failed to sell with estimate of ยฃ3k - 5k. Even at ยฃ5k plus the premium would have still been great value. Either the website hasn't been updated, or something strange has happened post sale. I was there and it hammered way north of the estimate range.
|
|
Black Apple Art
Art Gallery
Junior Member
Posts โข 2,007
Likes โข 3,971
September 2013
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Black Apple Art on Jan 29, 2015 1:26:46 GMT 1, First time I've ever seen this image. New OG on Hangup "Angry Birds"
First time I've ever seen this image. New OG on Hangup "Angry Birds"
|
|
andyroo0312
Junior Member
Posts โข 2,174
Likes โข 1,675
July 2011
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by andyroo0312 on Jan 29, 2015 1:56:10 GMT 1, Wow, crazy prices on most. Am I correct in saying that although the results show the price including auction house premiums (25%), you still have to add on the 20% VAT and 4% Artist Resale Fees? Yes the prices shown are the sale price including buyers priemium then that total is hit with the vat,gst or sales tax applicable to your country or state so i believe.
Wow, crazy prices on most. Am I correct in saying that although the results show the price including auction house premiums (25%), you still have to add on the 20% VAT and 4% Artist Resale Fees? Yes the prices shown are the sale price including buyers priemium then that total is hit with the vat,gst or sales tax applicable to your country or state so i believe.
|
|
Deleted
Posts โข 0
Likes โข
January 1970
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Deleted on Jan 29, 2015 2:15:01 GMT 1, First time I've ever seen this image. New OG on Hangup "Angry Birds" i'd do butt stuff for that #ButtStuffForBanksy2015
First time I've ever seen this image. New OG on Hangup "Angry Birds" i'd do butt stuff for that #ButtStuffForBanksy2015
|
|
Deleted
Posts โข 0
Likes โข
January 1970
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Deleted on Jan 29, 2015 3:04:08 GMT 1, It's been done before and quite possible Steve (or his mates) have bought all these? then next auction he will have loads of nice originals for sale.. $$$$!!!$$$$!!! If true they would have never let the only OG go for ยฃ40k. That wasn't steve's
It's been done before and quite possible Steve (or his mates) have bought all these? then next auction he will have loads of nice originals for sale.. $$$$!!!$$$$!!! If true they would have never let the only OG go for ยฃ40k. That wasn't steve's
|
|
|
Deleted
Posts โข 0
Likes โข
January 1970
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Deleted on Jan 29, 2015 3:16:57 GMT 1, It appears the 4 Soup Cans, Gold on Cream, ed.54, failed to sell with estimate of ยฃ3k - 5k. Even at ยฃ5k plus the premium would have still been great value. Was it 'damaged' perhaps?
It appears the 4 Soup Cans, Gold on Cream, ed.54, failed to sell with estimate of ยฃ3k - 5k. Even at ยฃ5k plus the premium would have still been great value. Was it 'damaged' perhaps?
|
|
Red Barron
New Member
Posts โข 114
Likes โข 168
November 2013
|
|
|
commissioner
New Member
Posts โข 931
Likes โข 1,208
May 2014
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by commissioner on Jan 29, 2015 3:25:38 GMT 1,
|
|
mmmike
Junior Member
Posts โข 2,421
Likes โข 759
March 2010
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by mmmike on Jan 29, 2015 3:44:08 GMT 1, Bloomberg article with pics...Bloomberg Not all that informative but if you are bored check it out.
Bloomberg article with pics... Bloomberg Not all that informative but if you are bored check it out.
|
|
A.R.T.
New Member
Posts โข 630
Likes โข 258
July 2007
|
|
|
Oski
New Member
Posts โข 383
Likes โข 617
December 2014
|
Extraordinary popular delusions and the madness of crowds.
|
|
Deleted
Posts โข 0
Likes โข
January 1970
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Deleted on Jan 29, 2015 4:38:49 GMT 1, ugh i was gonna try to pick up another mr. b around september - is this gonna be a s**tshow now? or is this just smoke and mirrors.
some of these are 3x what they were yesterday.
ugh i was gonna try to pick up another mr. b around september - is this gonna be a s**tshow now? or is this just smoke and mirrors.
some of these are 3x what they were yesterday.
|
|
Deleted
Posts โข 0
Likes โข
January 1970
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Deleted on Jan 29, 2015 5:04:38 GMT 1,
|
|