bookends
New Member
Posts โข 365
Likes โข 443
May 2022
|
Banksy Queen Victoria Print, by bookends on Sept 1, 2023 16:37:04 GMT 1, A pest control COA or a letter of authenticity ? best be clear because the difference is 20k
A pest control COA or a letter of authenticity ? best be clear because the difference is 20k
|
|
The Italian One
Junior Member
Posts โข 2,231
Likes โข 2,369
Member is Online
March 2017
|
Banksy Queen Victoria Print, by The Italian One on Sept 1, 2023 16:41:45 GMT 1, A pest control COA or a letter of authenticity ? best be clear because the difference is 20k make 10k for QV
A pest control COA or a letter of authenticity ? best be clear because the difference is 20k make 10k for QV
|
|
shovals
New Member
Posts โข 2
Likes โข 2
August 2023
|
Banksy Queen Victoria Print, by shovals on Sept 2, 2023 9:24:18 GMT 1, Yes it is a pest control COA.
Yes it is a pest control COA.
|
|
Sundowner
Junior Member
Posts โข 4,222
Likes โข 2,427
September 2008
|
Banksy Queen Victoria Print, by Sundowner on Sept 3, 2023 16:02:13 GMT 1, You might need to adjust your pricing strategy - one just hammered at Forum for ยฃ9k (about ยฃ12k all in).
You might need to adjust your pricing strategy - one just hammered at Forum for ยฃ9k (about ยฃ12k all in).
|
|
sean1397
New Member
Posts โข 769
Likes โข 299
May 2019
|
Banksy Queen Victoria Print, by sean1397 on Sept 5, 2023 4:55:47 GMT 1, The last two have sold for 12 and 15k GBP. Fair value is prob 12 -13 right now.
The last two have sold for 12 and 15k GBP. Fair value is prob 12 -13 right now.
|
|
LJCal
Junior Member
Posts โข 2,808
Likes โข 4,218
December 2019
|
Banksy Queen Victoria Print, by LJCal on Sept 5, 2023 11:39:58 GMT 1, Anyone looking to sell right now really should make use of this: www.banksy-value.com/ It does all the work for you. Unfortunately the only issue which is nothing to do with the the brilliant site is that in a falling market the retrospective data can fail to keep up with the trend and you may need to discount further to sell, especially privately. Sellers need to also consider that prices quoted do not account for the spread, they are what the buyer pays NOT what the seller receives, so expect 10-25% less depending on how you sell.
Anyone looking to sell right now really should make use of this: www.banksy-value.com/It does all the work for you. Unfortunately the only issue which is nothing to do with the the brilliant site is that in a falling market the retrospective data can fail to keep up with the trend and you may need to discount further to sell, especially privately. Sellers need to also consider that prices quoted do not account for the spread, they are what the buyer pays NOT what the seller receives, so expect 10-25% less depending on how you sell.
|
|
|
Richy Rich
New Member
Posts โข 610
Likes โข 850
September 2020
|
Banksy Queen Victoria Print, by Richy Rich on Sept 5, 2023 12:00:35 GMT 1, Anyone looking to sell right now really should make use of this: www.banksy-value.com/It does all the work for you. Unfortunately the only issue which is nothing to do with the the brilliant site is that in a falling market the retrospective data can fail to keep up with the trend and you may need to discount further to sell, especially privately. Sellers need to also consider that prices quoted do not account for the spread, they are what the buyer pays NOT what the seller receives, so expect 10-25% less depending on how you sell. It also doesn't factor in pieces that have failed to reach their low estimate in recent auctions. For example if you look at WSM on the site then the last auction result was a reasonable hammer fee of ยฃ15k at Sotheby's. However if you do some more digging it's failed to attract a bid of ยฃ9k at two subsequent auctions. Worth doing your homework if you're buying at the moment with so many passed lots.
Anyone looking to sell right now really should make use of this: www.banksy-value.com/It does all the work for you. Unfortunately the only issue which is nothing to do with the the brilliant site is that in a falling market the retrospective data can fail to keep up with the trend and you may need to discount further to sell, especially privately. Sellers need to also consider that prices quoted do not account for the spread, they are what the buyer pays NOT what the seller receives, so expect 10-25% less depending on how you sell. It also doesn't factor in pieces that have failed to reach their low estimate in recent auctions. For example if you look at WSM on the site then the last auction result was a reasonable hammer fee of ยฃ15k at Sotheby's. However if you do some more digging it's failed to attract a bid of ยฃ9k at two subsequent auctions. Worth doing your homework if you're buying at the moment with so many passed lots.
|
|
sean1397
New Member
Posts โข 769
Likes โข 299
May 2019
|
Banksy Queen Victoria Print, by sean1397 on Sept 6, 2023 8:52:38 GMT 1, I think you can expect close to the last sale in all price (maybe a tad below if the market is still falling but no reason someone will pay an auction site $50k and you only 40. Makes mo sense. If one sold yesterday all in for 50k and you ca find the buyer you can prob get close to 50k (maybe 47
I think you can expect close to the last sale in all price (maybe a tad below if the market is still falling but no reason someone will pay an auction site $50k and you only 40. Makes mo sense. If one sold yesterday all in for 50k and you ca find the buyer you can prob get close to 50k (maybe 47
|
|
LJCal
Junior Member
Posts โข 2,808
Likes โข 4,218
December 2019
|
Banksy Queen Victoria Print, by LJCal on Sept 6, 2023 11:28:16 GMT 1, Anyone looking to sell right now really should make use of this: www.banksy-value.com/It does all the work for you. Unfortunately the only issue which is nothing to do with the the brilliant site is that in a falling market the retrospective data can fail to keep up with the trend and you may need to discount further to sell, especially privately. Sellers need to also consider that prices quoted do not account for the spread, they are what the buyer pays NOT what the seller receives, so expect 10-25% less depending on how you sell. It also doesn't factor in pieces that have failed to reach their low estimate in recent auctions. For example if you look at WSM on the site then the last auction result was a reasonable hammer fee of ยฃ15k at Sotheby's. However if you do some more digging it's failed to attract a bid of ยฃ9k at two subsequent auctions. Worth doing your homework if you're buying at the moment with so many passed lots. Yes this of course another issue, I agree that it only tells part of the picture, it's a good starting point.
Anyone looking to sell right now really should make use of this: www.banksy-value.com/It does all the work for you. Unfortunately the only issue which is nothing to do with the the brilliant site is that in a falling market the retrospective data can fail to keep up with the trend and you may need to discount further to sell, especially privately. Sellers need to also consider that prices quoted do not account for the spread, they are what the buyer pays NOT what the seller receives, so expect 10-25% less depending on how you sell. It also doesn't factor in pieces that have failed to reach their low estimate in recent auctions. For example if you look at WSM on the site then the last auction result was a reasonable hammer fee of ยฃ15k at Sotheby's. However if you do some more digging it's failed to attract a bid of ยฃ9k at two subsequent auctions. Worth doing your homework if you're buying at the moment with so many passed lots. Yes this of course another issue, I agree that it only tells part of the picture, it's a good starting point.
|
|
Richy Rich
New Member
Posts โข 610
Likes โข 850
September 2020
|
Banksy Queen Victoria Print, by Richy Rich on Sept 6, 2023 12:52:59 GMT 1, I think you can expect close to the last sale in all price (maybe a tad below if the market is still falling but no reason someone will pay an auction site $50k and you only 40. Makes mo sense. If one sold yesterday all in for 50k and you ca find the buyer you can prob get close to 50k (maybe 47 Although this seems like it's the way it should work historically it doesn't. When people buy from auctions they are or should be receiving a certain level or security and confidence from an established auction house. They are also contributing towards running costs and overheads. There aren't the same overheads or security when meeting Big Dave in a car park off the M25 to buy his Banksy privately.
As a general rule private sales always seem to be approx halfway between hammer price and final fees so it's probably fairly unlikely you'd achieve ยฃ47k privately for a print that hammered at ยฃ37k (ยฃ50k inc fees)
I think you can expect close to the last sale in all price (maybe a tad below if the market is still falling but no reason someone will pay an auction site $50k and you only 40. Makes mo sense. If one sold yesterday all in for 50k and you ca find the buyer you can prob get close to 50k (maybe 47 Although this seems like it's the way it should work historically it doesn't. When people buy from auctions they are or should be receiving a certain level or security and confidence from an established auction house. They are also contributing towards running costs and overheads. There aren't the same overheads or security when meeting Big Dave in a car park off the M25 to buy his Banksy privately. As a general rule private sales always seem to be approx halfway between hammer price and final fees so it's probably fairly unlikely you'd achieve ยฃ47k privately for a print that hammered at ยฃ37k (ยฃ50k inc fees)
|
|
sean1397
New Member
Posts โข 769
Likes โข 299
May 2019
|
Banksy Queen Victoria Print, by sean1397 on Sept 8, 2023 19:39:29 GMT 1, I find auction houses a pain in the ass. Sure you get the security of they are not going t steal your money, but I'd say 50-75% of them miss condition issues (even the good ones) and then some will fight when you complain. Add to that most wont ship (or charge exhorbinant shipping fees) - you have to find an art shipper to package and pick up....
99% of the time, I'd rather buy from a private seller so long as Im using a credit card. You will also win a dispute with a private seller where as you may lose with Sotherby. They do a lot more biz with Amex of Chase than you do.
I find auction houses a pain in the ass. Sure you get the security of they are not going t steal your money, but I'd say 50-75% of them miss condition issues (even the good ones) and then some will fight when you complain. Add to that most wont ship (or charge exhorbinant shipping fees) - you have to find an art shipper to package and pick up....
99% of the time, I'd rather buy from a private seller so long as Im using a credit card. You will also win a dispute with a private seller where as you may lose with Sotherby. They do a lot more biz with Amex of Chase than you do.
|
|