Urban Art Association

Why not? Even as a private seller, I offer instalments if it makes the deal work.

Well done to you

my thoughts are that due to the nature of rising prices with Banksy, the term could realistically be no more than 3 months im afraid...any longer and prices could have risen another 10%

maximum purchase maybe £12-£15k...and minimum £3500 with a min of 3 installments

other artists i could give a longer payment term

no art would be released until full payment and final payment was settled..
deposits would be non refundable as i would have purchased the artwork and otherwise would be left high and dry, same other way...signed agreements on price, so price could not be altered regardless of market, nor could the vendor namely CAT sell the artwork elsewhere..

again rthoughts? would this be of interest? if you are serious then PM me and we can discuss a formal arrangement
thanks

yes in hindsight that is fair mate..

It's a nice idea, but I don't think there is much point if the longest term is 3 months.
May as well just save up for 3 months.

This sort of thing would appeal to people who couldn't raise that sort of money, especially in 3 months.

What safeguards are in place for buyers. If a gallery goes out of business with a credit card payment having been made, the buyer is covered. Are you expecting the buyer to trust you with potentially £10,000?

if i was to use the car market as a marker then i would be charging 50% at least above my purchase price which wouldnt work either..they make at least 50% or more on each sale
i would consider over 6-12 months however my pricing would reflect that...

Unless you have a ton of spare capital, I wouldn't proceed with this. You are better off maintaining a solid inventory and turning it as quickly as possible at healthy margins. The only reason I ever consider it personally is to facilitate a sale that might not otherwise occur, within a very narrow range of buyers. With something as popular as Banksy, I don't think the extra incentive is needed to move his work.

Is this available for ppl in the US too?

Cheers - I think this is great; just bought a house and have to keep moving funds around, so I might take you up on this.

I come from a long line of Scary Larry's

My name is Scary Larry
My father name was Scary Larry
My grandfather name was Scary Larry
My great grand father name was Scary Larry
My great grandfather mother name was Scary Larry