coller
Junior Member
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April 2015
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Banksy Artwork, VALUATION, by coller on Jul 8, 2015 18:25:00 GMT 1, What sort of money are we talking on top of House insurance cost to add say 20k worth of art?
What sort of money are we talking on top of House insurance cost to add say 20k worth of art? Not much, unless you live in a mobile home. |
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china man
New Member
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September 2011
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Banksy Artwork, VALUATION, by china man on Jul 8, 2015 21:44:26 GMT 1, What sort of money are we talking on top of House insurance cost to add say 20k worth of art?
What sort of money are we talking on top of House insurance cost to add say 20k worth of art? I'm with tesco and upto 25k was no extra than my annual insurance. |
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Banksy Artwork, VALUATION, by Deleted on Jul 9, 2015 8:22:26 GMT 1, Thanks for the advice. Parting with a few extra pounds for insurance now seems like a no-brainer for the peace of mind it brings!
Hey all, Full time follower and part time poster here. My home contents insurance is up for renewal and I currently only have ยฃ2500 specified for my art print which is a unsigned Rudecopper (which i hasten to add isn't for sale - sorry guys!) I've trawled these boards and various other boards trying to find a reasonable bracket to price it at but as they seem to become available very rarely these days it's hard to tell what the markets doing. I was thinking of insuring it for somewhere between ยฃ5-8k. Do you think that seems like a reasonable assessment of current prices? Any help will be much appreciated! I changed home and contents insurer a few years back and they sent an assessor out to review.. I was explaining to him what id paid for various prints and what i think i might be able to replace them for. He told me to insure for a price that i knew i could secure them on secondary market should i ever need to. As such you should insure for how much you would need to pay to secure a replacement without much haggling and ยฃ5-8k is too low. I would say insure for at least ยฃ10k this year and review it annually, it'll only cost you a few quid more on your premium to insure for ยฃ10k as opposed to ยฃ8k.
Thanks for the advice. Parting with a few extra pounds for insurance now seems like a no-brainer for the peace of mind it brings! Hey all, Full time follower and part time poster here. My home contents insurance is up for renewal and I currently only have ยฃ2500 specified for my art print which is a unsigned Rudecopper (which i hasten to add isn't for sale - sorry guys!) I've trawled these boards and various other boards trying to find a reasonable bracket to price it at but as they seem to become available very rarely these days it's hard to tell what the markets doing. I was thinking of insuring it for somewhere between ยฃ5-8k. Do you think that seems like a reasonable assessment of current prices? Any help will be much appreciated! I changed home and contents insurer a few years back and they sent an assessor out to review.. I was explaining to him what id paid for various prints and what i think i might be able to replace them for. He told me to insure for a price that i knew i could secure them on secondary market should i ever need to. As such you should insure for how much you would need to pay to secure a replacement without much haggling and ยฃ5-8k is too low. I would say insure for at least ยฃ10k this year and review it annually, it'll only cost you a few quid more on your premium to insure for ยฃ10k as opposed to ยฃ8k. |
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pippyt75
Junior Member
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March 2015
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Banksy Artwork, VALUATION, by pippyt75 on Jul 10, 2015 0:40:26 GMT 1, Any steers on a signed Toxic Mary? Cheers all.
Any steers on a signed Toxic Mary? Cheers all.
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Banksy Artwork, VALUATION, by Phear Loathing on Jul 11, 2015 4:28:22 GMT 1, Price on u/s festival?
Price on u/s festival?
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dotdot
Junior Member
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December 2006
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Banksy Artwork, VALUATION, by dotdot on Jul 11, 2015 13:16:36 GMT 1,
10k + uk
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DrWhite
Junior Member
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August 2012
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Banksy Artwork, VALUATION, by DrWhite on Jul 11, 2015 15:10:43 GMT 1,
Really ? wow for an u/s festival ?
Really ? wow for an u/s festival ? |
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DrWhite
Junior Member
๐จ๏ธ 4,108
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August 2012
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Banksy Artwork, VALUATION, by DrWhite on Jul 11, 2015 15:12:02 GMT 1,
Really ? wow for an u/s festival ? Makes the grey NBG at ยฃ9.5k a REAL bargain then !
Really ? wow for an u/s festival ? Makes the grey NBG at ยฃ9.5k a REAL bargain then ! |
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Deleted
๐จ๏ธ 0
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January 1970
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Banksy Artwork, VALUATION, by Deleted on Jul 11, 2015 16:18:12 GMT 1, Really ? wow for an u/s festival ? Makes the grey NBG at ยฃ9.5k a REAL bargain then !
The NBG was a real bargain at that price ! I paid ยฃ10.5k last August for it and i thought that was a good price at that time.
I would say you'd be lucky to get a festival for less than ยฃ10k.
Really ? wow for an u/s festival ? Makes the grey NBG at ยฃ9.5k a REAL bargain then ! The NBG was a real bargain at that price ! I paid ยฃ10.5k last August for it and i thought that was a good price at that time. I would say you'd be lucky to get a festival for less than ยฃ10k. |
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jp
New Member
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September 2006
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Banksy Artwork, VALUATION, by jp on Jul 11, 2015 16:46:48 GMT 1, Really ? wow for an u/s festival ? Makes the grey NBG at ยฃ9.5k a REAL bargain then ! The NBG was a real bargain at that price ! I paid ยฃ10.5k last August for it and i thought that was a good price at that time. I would say you'd be lucky to get a festival for less than ยฃ10k.
Really ? wow for an u/s festival ? Makes the grey NBG at ยฃ9.5k a REAL bargain then ! The NBG was a real bargain at that price ! I paid ยฃ10.5k last August for it and i thought that was a good price at that time. I would say you'd be lucky to get a festival for less than ยฃ10k. Agreed. It is really tough to price Festival and also Sale Ends since they so rarely enter the market. Last Sale Ends I saw was GBP 9300 in February, so 10k for Festival does not sound surprising. There is a rarity premium on these two "lost prints" from the LA collection. |
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Black Apple Art
Art Gallery
Junior Member
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September 2013
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Banksy Artwork, VALUATION, by Black Apple Art on Jul 11, 2015 17:44:26 GMT 1, The NBG was a real bargain at that price ! I paid ยฃ10.5k last August for it and i thought that was a good price at that time. I would say you'd be lucky to get a festival for less than ยฃ10k. Agreed. It is really tough to price Festival and also Sale Ends since they so rarely enter the market. Last Sale Ends I saw was GBP 9300 in February, so 10k for Festival does not sound surprising. There is a rarity premium on these two "lost prints" from the LA collection.
The NBG was a real bargain at that price ! I paid ยฃ10.5k last August for it and i thought that was a good price at that time. I would say you'd be lucky to get a festival for less than ยฃ10k. Agreed. It is really tough to price Festival and also Sale Ends since they so rarely enter the market. Last Sale Ends I saw was GBP 9300 in February, so 10k for Festival does not sound surprising. There is a rarity premium on these two "lost prints" from the LA collection. With only 100 of each ever printed and probably far less that still exist in collectible condition, they both are two of the rarest non AP B prints out there. |
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valentina
New Member
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May 2014
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Banksy Artwork, VALUATION, by valentina on Jul 11, 2015 21:22:18 GMT 1, Where are the U/S Playcard Rats at nowadays? Specifically WTH Red?
Where are the U/S Playcard Rats at nowadays? Specifically WTH Red?
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Banksy Artwork, VALUATION, by Phear Loathing on Jul 11, 2015 22:24:29 GMT 1, thanks for the info guys!
thanks for the info guys!
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joe90
New Member
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March 2015
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Banksy Artwork, VALUATION, by joe90 on Jul 12, 2015 13:52:08 GMT 1, Hi
Just looking for info on the prices you would expect to buy any of the soup cans for (signed). Not too concerned which series. On my to buy list but just wondeting what I need to have in war chest.
Thanks
Hi
Just looking for info on the prices you would expect to buy any of the soup cans for (signed). Not too concerned which series. On my to buy list but just wondeting what I need to have in war chest.
Thanks
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joe90
New Member
๐จ๏ธ 72
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March 2015
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Banksy Artwork, VALUATION, by joe90 on Jul 12, 2015 13:54:25 GMT 1, In case juat wondering 'why the Soup Cans' it was first Banksy image I saw and have always thought Id like one. Finances allowing of course!
In case juat wondering 'why the Soup Cans' it was first Banksy image I saw and have always thought Id like one. Finances allowing of course!
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Unica
Junior Member
๐จ๏ธ 2,076
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November 2013
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Banksy Artwork, VALUATION, by Unica on Jul 12, 2015 13:54:46 GMT 1, Hi Just looking for info on the prices you would expect to buy any of the soup cans for (signed). Not too concerned which series. On my to buy list but just wondeting what I need to have in war chest. Thanks
Hi Just looking for info on the prices you would expect to buy any of the soup cans for (signed). Not too concerned which series. On my to buy list but just wondeting what I need to have in war chest. Thanks IMO ยฃ10k for a decent colourway signed Soup Can. I actually like this image a lot also, nod to Warhol etc. Timeless image. |
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joe90
New Member
๐จ๏ธ 72
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March 2015
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Banksy Artwork, VALUATION, by joe90 on Jul 12, 2015 14:01:19 GMT 1, Thanks Jingle. Is that the original piece. What about the coloured versions. Less or more pricey.
Thanks Jingle. Is that the original piece. What about the coloured versions. Less or more pricey.
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Unica
Junior Member
๐จ๏ธ 2,076
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November 2013
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Banksy Artwork, VALUATION, by Unica on Jul 12, 2015 16:55:13 GMT 1, I think they are pretty much the same price IMO, although I would prefer a nice colourway over the original version given my choice. I would get in touch with Andy at Castle Gallery, he is a gent to deal with and will give you a better idea of prices, as they seem rise so rapidly its hard to keep pace.
I think they are pretty much the same price IMO, although I would prefer a nice colourway over the original version given my choice. I would get in touch with Andy at Castle Gallery, he is a gent to deal with and will give you a better idea of prices, as they seem rise so rapidly its hard to keep pace.
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Lunch Special
Junior Member
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October 2010
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joe90
New Member
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March 2015
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Banksy Artwork, VALUATION, by joe90 on Jul 12, 2015 21:38:26 GMT 1, Appreciate that link. 11k for the Quad. series. That would make the original and coloured series prob a lot more?
Appreciate that link. 11k for the Quad. series. That would make the original and coloured series prob a lot more?
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Unica
Junior Member
๐จ๏ธ 2,076
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November 2013
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Banksy Artwork, VALUATION, by Unica on Jul 13, 2015 1:35:44 GMT 1, What's a fair price for an unsigned WSM right now? Looking to buy. Hard to keep track of what a fair value is at the moment! Appreciate the wisdom! Cheers, Phil have one for ยฃ3,5k
What's a fair price for an unsigned WSM right now? Looking to buy. Hard to keep track of what a fair value is at the moment! Appreciate the wisdom! Cheers, Phil have one for ยฃ3,5k Yes, its unsigned but a decent price. The quads go for more than the single, they are a lot smaller edition I think. I personally like the single can myself, has a little more presence. |
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china man
New Member
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September 2011
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Banksy Artwork, VALUATION, by china man on Jul 15, 2015 13:58:27 GMT 1, Do PC provide a valuation service?
Do PC provide a valuation service? Mate I would insure HC for about ยฃ6k and donuts at about 10k. It's over their prices but too replace them it might cost you that? No pow don't do a valuation. |
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coller
Junior Member
๐จ๏ธ 2,384
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April 2015
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Banksy Artwork, VALUATION, by coller on Jul 16, 2015 0:06:48 GMT 1, Question: how do you value a unique piece for the purpose of insurance?
I have a signed MQ gift print with Pest Control COA (not for sale before anyone asks); obviously not replaceable as there weren't two prints gifted. The print has condition issues (two creases; the colors/edges are great), but I don't think a replacement with a signed version from the edition of 150 would be okay on my end since it'd feel much less special to me (even in mint condition) since the gift print isn't numbered and has a message written along the bottom of the print by Mr. B, albeit not to me but to the original owner.
Any ideas? I guess it would be similar to insuring an OG that isn't part of an edition, but have never done that either.
Question: how do you value a unique piece for the purpose of insurance?
I have a signed MQ gift print with Pest Control COA (not for sale before anyone asks); obviously not replaceable as there weren't two prints gifted. The print has condition issues (two creases; the colors/edges are great), but I don't think a replacement with a signed version from the edition of 150 would be okay on my end since it'd feel much less special to me (even in mint condition) since the gift print isn't numbered and has a message written along the bottom of the print by Mr. B, albeit not to me but to the original owner.
Any ideas? I guess it would be similar to insuring an OG that isn't part of an edition, but have never done that either.
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Black Apple Art
Art Gallery
Junior Member
๐จ๏ธ 2,007
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September 2013
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Banksy Artwork, VALUATION, by Black Apple Art on Jul 16, 2015 1:07:13 GMT 1, Not sure what type of policy you have coller but I highly push towards blanket policies and have recommended them here several times. As for rare prints like mentioned I would assign at least a 25% premium to it. The problem with this whole system is when your piece or pieces increase in value, especially at the rate Banksy works have been, you can easily be again undercovered in a years time and take on the tedious routine of adjusting your policy again and again over time. See my older post bellow as well.
"I know there are several ways of insuring art but have found the best coverage for protecting your true value for a total collection is having a blanket policy for a set amount of total coverage. Then at the time of a loss each claimed piece is dealt with on it's own to establish market value or replacement cost at time time of loss. Especially with Banksy, it never does you justice to insure at the current or even slightly over the current replacement cost as you will have no idea what that cost will be at the time of a loss and it is just futile to have to worry about constantly submitting itemized price estimates and relying on threads like this for you pieces to keep up to date. Just an opinion and have had many good friends do that same that are very happy with this system. "
Not sure what type of policy you have coller but I highly push towards blanket policies and have recommended them here several times. As for rare prints like mentioned I would assign at least a 25% premium to it. The problem with this whole system is when your piece or pieces increase in value, especially at the rate Banksy works have been, you can easily be again undercovered in a years time and take on the tedious routine of adjusting your policy again and again over time. See my older post bellow as well. "I know there are several ways of insuring art but have found the best coverage for protecting your true value for a total collection is having a blanket policy for a set amount of total coverage. Then at the time of a loss each claimed piece is dealt with on it's own to establish market value or replacement cost at time time of loss. Especially with Banksy, it never does you justice to insure at the current or even slightly over the current replacement cost as you will have no idea what that cost will be at the time of a loss and it is just futile to have to worry about constantly submitting itemized price estimates and relying on threads like this for you pieces to keep up to date. Just an opinion and have had many good friends do that same that are very happy with this system. " |
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Metropolis Art
Art Gallery
New Member
๐จ๏ธ 59
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July 2010
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Banksy Artwork, VALUATION, by Metropolis Art on Jul 16, 2015 15:40:33 GMT 1, Make sure your insurance cover is for a full replacement value at current market costs, as opposed to the price you paid for it, which is the norm. A lot of insurance companies don't embrace the 'new for old' policy on art. We know from past experience the cost of not checking that.
Make sure your insurance cover is for a full replacement value at current market costs, as opposed to the price you paid for it, which is the norm. A lot of insurance companies don't embrace the 'new for old' policy on art. We know from past experience the cost of not checking that.
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woomas
New Member
๐จ๏ธ 188
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November 2011
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Banksy Artwork, VALUATION, by woomas on Jul 19, 2015 23:16:55 GMT 1, Evening all, apologies if these are covered elsewhere but I'd be interested to find our what's the going rate on the following: unsigned soup can (250) unsigned applause & signed b&w trolley hunter. Cheers.
Evening all, apologies if these are covered elsewhere but I'd be interested to find our what's the going rate on the following: unsigned soup can (250) unsigned applause & signed b&w trolley hunter. Cheers.
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coller
Junior Member
๐จ๏ธ 2,384
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April 2015
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Banksy Artwork, VALUATION, by coller on Jul 20, 2015 17:52:59 GMT 1, Evening all, apologies if these are covered elsewhere but I'd be interested to find our what's the going rate on the following: unsigned soup can (250) unsigned applause & signed b&w trolley hunter. Cheers.
-Signed B&W Trolley Hunters - 10.5k GBP
-Unsigned Applause - 3.25k GBP
-Unsigned 250 Soup Can - 4k GBP
Evening all, apologies if these are covered elsewhere but I'd be interested to find our what's the going rate on the following: unsigned soup can (250) unsigned applause & signed b&w trolley hunter. Cheers. Private sale I'd say below: -Signed B&W Trolley Hunters - 10.5k GBP -Unsigned Applause - 3.25k GBP -Unsigned 250 Soup Can - 4k GBP |
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yoyosh
Junior Member
๐จ๏ธ 1,685
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March 2012
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Banksy Artwork, VALUATION, by yoyosh on Jul 21, 2015 3:30:47 GMT 1, What's thinking these days on U/S Love Rat ?
What's thinking these days on U/S Love Rat ?
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Banksy Artwork, VALUATION, by Deleted on Jul 21, 2015 9:20:55 GMT 1, 5 k seems current
5 k seems current
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clairey
New Member
๐จ๏ธ 65
๐๐ป 5
October 2009
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Banksy Artwork, VALUATION, by clairey on Jul 25, 2015 22:01:55 GMT 1, Please could someone let me know what a signed green no ball games is worth? Slowly coming to terms with the fact that I'm more than likely going to have to sell it :-(
Also what is the best place / method to sell something like that?
Thanks in advance.
Clairey
Please could someone let me know what a signed green no ball games is worth? Slowly coming to terms with the fact that I'm more than likely going to have to sell it :-(
Also what is the best place / method to sell something like that?
Thanks in advance.
Clairey
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