Deleted
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January 1970
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Forum Auctions • Banksy Marketplace 🇬🇧, by Deleted on Aug 20, 2020 10:57:58 GMT 1, The email has this interesting option... Buyers please note that our financing partner is able to provide post-auction non-recourse buyer loans at up to 70% of the paid hammer price on which we will pay the first 3 months of interest. For more information please enquire to ceo@forumauctions.co.uk. Don’t think this is particularly helpful. Are we going to see Banksy’s being repossessed if the market doesn’t move in the way that some people hope?
Meh, the whole world propped up with Helicopter money. May aswell throw some @ some Banksy. What could ever go wrong
The email has this interesting option... Buyers please note that our financing partner is able to provide post-auction non-recourse buyer loans at up to 70% of the paid hammer price on which we will pay the first 3 months of interest. For more information please enquire to ceo@forumauctions.co.uk. Don’t think this is particularly helpful. Are we going to see Banksy’s being repossessed if the market doesn’t move in the way that some people hope? Meh, the whole world propped up with Helicopter money. May aswell throw some @ some Banksy. What could ever go wrong |
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Nomis21
New Member
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September 2016
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Forum Auctions • Banksy Marketplace 🇬🇧, by Nomis21 on Aug 20, 2020 10:59:12 GMT 1, Some punchy estimates on that. Sepia Morons £40-60,000. It went for £40,000 inc. BP at Christies yesterday.
Some punchy estimates on that. Sepia Morons £40-60,000. It went for £40,000 inc. BP at Christies yesterday. Unsigned Barcode £40-60k + BP so £54k all in low estimate?? |
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Deleted
🗨️ 0
👍🏻
January 1970
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Forum Auctions • Banksy Marketplace 🇬🇧, by Deleted on Aug 20, 2020 11:25:23 GMT 1, Some punchy estimates on that. Sepia Morons £40-60,000. It went for £40,000 inc. BP at Christies yesterday. Unsigned Barcode £40-60k + BP so £54k all in low estimate??
Some punchy estimates on that. Sepia Morons £40-60,000. It went for £40,000 inc. BP at Christies yesterday. Unsigned Barcode £40-60k + BP so £54k all in low estimate?? Anything is possible with Banksy, but that would be three times what it sold for last year, per banksy-value.com. |
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Nomis21
New Member
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September 2016
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Forum Auctions • Banksy Marketplace 🇬🇧, by Nomis21 on Aug 20, 2020 11:37:09 GMT 1, Unsigned Barcode £40-60k + BP so £54k all in low estimate?? Anything is possible with Banksy, but that would be three times what it sold for last year, per banksy-value.com.
Unsigned Barcode £40-60k + BP so £54k all in low estimate?? Anything is possible with Banksy, but that would be three times what it sold for last year, per banksy-value.com. Banksy-value.com show this in their upcoming auctions as signed! |
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Forum Auctions • Banksy Marketplace 🇬🇧, by fusion0001 on Aug 20, 2020 11:41:54 GMT 1, Anything is possible with Banksy, but that would be three times what it sold for last year, per banksy-value.com. Banksy-value.com show this in their upcoming auctions as signed!
It’s unsigned. I’ll fix it. I guess when copying the lots my brain could not comprehend such an estimate on unsigned 😁
Anything is possible with Banksy, but that would be three times what it sold for last year, per banksy-value.com. Banksy-value.com show this in their upcoming auctions as signed! It’s unsigned. I’ll fix it. I guess when copying the lots my brain could not comprehend such an estimate on unsigned 😁 |
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Deleted
🗨️ 0
👍🏻
January 1970
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Forum Auctions • Banksy Marketplace 🇬🇧, by Deleted on Aug 20, 2020 11:54:04 GMT 1, Banksy-value.com show this in their upcoming auctions as signed! It’s unsigned. I’ll fix it. I guess when copying the lots my brain could not comprehend such an estimate on unsigned 😁
Banksy-value.com show this in their upcoming auctions as signed! It’s unsigned. I’ll fix it. I guess when copying the lots my brain could not comprehend such an estimate on unsigned 😁 Is Banksy-value you? Excellent resource. Thanks for putting it together. |
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singerstu
New Member
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December 2007
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Forum Auctions • Banksy Marketplace 🇬🇧, by singerstu on Aug 20, 2020 13:15:34 GMT 1, Unsigned Barcode £40-60k + BP so £54k all in low estimate?? Anything is possible with Banksy, but that would be three times what it sold for last year, per banksy-value.com.
Isn’t that about right with unsigned prints
Unsigned Barcode £40-60k + BP so £54k all in low estimate?? Anything is possible with Banksy, but that would be three times what it sold for last year, per banksy-value.com. Isn’t that about right with unsigned prints |
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Deleted
🗨️ 0
👍🏻
January 1970
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Forum Auctions • Banksy Marketplace 🇬🇧, by Deleted on Aug 20, 2020 13:24:08 GMT 1, Anything is possible with Banksy, but that would be three times what it sold for last year, per banksy-value.com. Isn’t that about right with unsigned prints
Anything is possible with Banksy, but that would be three times what it sold for last year, per banksy-value.com. Isn’t that about right with unsigned prints I'm not an expert, but I don't think prices have tripled. Some have doubled. As I say, anything is possible, but over £50k for an unsigned would be extraordinary. |
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Lazarus II
Junior Member
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August 2019
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Forum Auctions • Banksy Marketplace 🇬🇧, by Lazarus II on Aug 20, 2020 13:40:28 GMT 1, Isn’t that about right with unsigned prints I'm not an expert, but I don't think prices have tripled. Some have doubled. As I say, anything is possible, but over £50k for an unsigned would be extraordinary.
i thought the same about unsigned LIITA till a few weeks ago....on the face of it these estimates look like they might b a bit high but more accurate than the bag of sh!te estimates that most auction houses normally spew out.
Isn’t that about right with unsigned prints I'm not an expert, but I don't think prices have tripled. Some have doubled. As I say, anything is possible, but over £50k for an unsigned would be extraordinary. i thought the same about unsigned LIITA till a few weeks ago....on the face of it these estimates look like they might b a bit high but more accurate than the bag of sh!te estimates that most auction houses normally spew out. |
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Deleted
🗨️ 0
👍🏻
January 1970
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Forum Auctions • Banksy Marketplace 🇬🇧, by Deleted on Aug 20, 2020 13:45:19 GMT 1, I'm not an expert, but I don't think prices have tripled. Some have doubled. As I say, anything is possible, but over £50k for an unsigned would be extraordinary. i thought the same about unsigned LIITA till a few weeks ago....
I'm not an expert, but I don't think prices have tripled. Some have doubled. As I say, anything is possible, but over £50k for an unsigned would be extraordinary. i thought the same about unsigned LIITA till a few weeks ago.... Fair. It would certainly be silly to say it couldn't happen. |
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singerstu
New Member
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December 2007
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Forum Auctions • Banksy Marketplace 🇬🇧, by singerstu on Aug 20, 2020 13:56:26 GMT 1, i thought the same about unsigned LIITA till a few weeks ago.... Fair. It would certainly be silly to say it couldn't happen.
As for prices
Pre Covid
TM £8k
CND £9k
Silver Flag £6k
Now
TM £24k
CND £27k
Silver Flag £21k
There or thereabouts just to name a few...
i thought the same about unsigned LIITA till a few weeks ago.... Fair. It would certainly be silly to say it couldn't happen. Historically LIITA and Barcode value wise were equal so it’s possible. As for prices Pre Covid TM £8k CND £9k Silver Flag £6k Now TM £24k CND £27k Silver Flag £21k There or thereabouts just to name a few... |
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Deleted
🗨️ 0
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January 1970
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Forum Auctions • Banksy Marketplace 🇬🇧, by Deleted on Aug 20, 2020 14:01:53 GMT 1, Fair. It would certainly be silly to say it couldn't happen. Historically LIITA and Barcode value wise were equal so it’s possible. As for prices Pre Covid TM £8k CND £9k Silver Flag £6k Now TM £24k CND £27k Silver Flag £21k There or thereabouts just to name a few...
Happy to lend out a helping hand to anyone wanting to pay £21k for a copy of flags. I’m nice like that......
Fair. It would certainly be silly to say it couldn't happen. Historically LIITA and Barcode value wise were equal so it’s possible. As for prices Pre Covid TM £8k CND £9k Silver Flag £6k Now TM £24k CND £27k Silver Flag £21k There or thereabouts just to name a few... Happy to lend out a helping hand to anyone wanting to pay £21k for a copy of flags. I’m nice like that...... |
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Deleted
🗨️ 0
👍🏻
January 1970
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Forum Auctions • Banksy Marketplace 🇬🇧, by Deleted on Aug 20, 2020 14:09:16 GMT 1, Fair. It would certainly be silly to say it couldn't happen. Historically LIITA and Barcode value wise were equal so it’s possible. As for prices Pre Covid TM £8k CND £9k Silver Flag £6k Now TM £24k CND £27k Silver Flag £21k There or thereabouts just to name a few...
Is Silver Flag really selling for £21k now? Gosh.
Fair. It would certainly be silly to say it couldn't happen. Historically LIITA and Barcode value wise were equal so it’s possible. As for prices Pre Covid TM £8k CND £9k Silver Flag £6k Now TM £24k CND £27k Silver Flag £21k There or thereabouts just to name a few... Are you sure those prices are right? Those pre-Covid prices look very low, if you're talking late '19/early '20. CND has been above that for a while. Same with Toxic Mary. Is Silver Flag really selling for £21k now? Gosh. |
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woodman
New Member
🗨️ 236
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June 2017
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Forum Auctions • Banksy Marketplace 🇬🇧, by woodman on Aug 20, 2020 14:12:10 GMT 1, Historically LIITA and Barcode value wise were equal so it’s possible. As for prices Pre Covid TM £8k CND £9k Silver Flag £6k Now TM £24k CND £27k Silver Flag £21k There or thereabouts just to name a few...
Historically LIITA and Barcode value wise were equal so it’s possible. As for prices Pre Covid TM £8k CND £9k Silver Flag £6k Now TM £24k CND £27k Silver Flag £21k There or thereabouts just to name a few... Me too, Deelish can even go first as I'm nice like that too.... |
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jp226
Junior Member
🗨️ 1,074
👍🏻 949
July 2010
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Forum Auctions • Banksy Marketplace 🇬🇧, by jp226 on Aug 20, 2020 15:00:45 GMT 1, Historically LIITA and Barcode value wise were equal so it’s possible. As for prices Pre Covid TM £8k CND £9k Silver Flag £6k Now TM £24k CND £27k Silver Flag £21k There or thereabouts just to name a few... Are you sure those prices are right? Those pre-Covid prices look very low, if you're talking late '19/early '20. CND has been above that for a while. Same with Toxic Mary. Is Silver Flag really selling for £21k now? Gosh.
Historically LIITA and Barcode value wise were equal so it’s possible. As for prices Pre Covid TM £8k CND £9k Silver Flag £6k Now TM £24k CND £27k Silver Flag £21k There or thereabouts just to name a few... Are you sure those prices are right? Those pre-Covid prices look very low, if you're talking late '19/early '20. CND has been above that for a while. Same with Toxic Mary. Is Silver Flag really selling for £21k now? Gosh. Agreed. Pre-covid, Hang-Up had a CND for £15k I believe? |
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Nuno
Junior Member
🗨️ 1,095
👍🏻 479
November 2007
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Forum Auctions • Banksy Marketplace 🇬🇧, by Nuno on Aug 20, 2020 16:47:46 GMT 1, Helping to fuel the bubble. Thats how the mess started back in the early 2000's I would be far more worried about car finance / leasing / hp than loans on artwork.
That type of credit is not being used to speculate though. People generally don’t lease a car thinking they’ll be better off at the end of the term?!
Helping to fuel the bubble. Thats how the mess started back in the early 2000's I would be far more worried about car finance / leasing / hp than loans on artwork. That type of credit is not being used to speculate though. People generally don’t lease a car thinking they’ll be better off at the end of the term?! |
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ak1
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May 2014
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Forum Auctions • Banksy Marketplace 🇬🇧, by ak1 on Aug 20, 2020 16:52:13 GMT 1, Helping to fuel the bubble. Thats how the mess started back in the early 2000's
Helping to fuel the bubble. Thats how the mess started back in the early 2000's Bubble being the operative word in the current Banksy market. |
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Unica
Junior Member
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November 2013
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Forum Auctions • Banksy Marketplace 🇬🇧, by Unica on Aug 20, 2020 17:32:19 GMT 1, Helping to fuel the bubble. Thats how the mess started back in the early 2000's Bubble being the operative word in the current Banksy market.
Helping to fuel the bubble. Thats how the mess started back in the early 2000's Bubble being the operative word in the current Banksy market. I've been hearing that for 10 years, and yet they still go up and up. |
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kfroms
Junior Member
🗨️ 1,782
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October 2011
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Forum Auctions • Banksy Marketplace 🇬🇧, by kfroms on Aug 20, 2020 17:41:59 GMT 1, Bubble being the operative word in the current Banksy market. I've been hearing that for 10 years, and yet they still go up and up.
Question how far that point is away. Maybe months, maybe years.
Bubble being the operative word in the current Banksy market. I've been hearing that for 10 years, and yet they still go up and up. ....and they will go up and up. Until they won't. Question how far that point is away. Maybe months, maybe years. |
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Unica
Junior Member
🗨️ 2,076
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November 2013
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Forum Auctions • Banksy Marketplace 🇬🇧, by Unica on Aug 20, 2020 17:49:01 GMT 1, I've been hearing that for 10 years, and yet they still go up and up. ....and they will go up and up. Until they won't. Question how far that point is away. Maybe months, maybe years.
I've been hearing that for 10 years, and yet they still go up and up. ....and they will go up and up. Until they won't. Question how far that point is away. Maybe months, maybe years. Thats the big questions isn't it. My money is up and up for a while. Most famous living artist in the world and everyone wants a piece. |
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ak1
New Member
🗨️ 363
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May 2014
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Forum Auctions • Banksy Marketplace 🇬🇧, by ak1 on Aug 20, 2020 18:18:55 GMT 1, Bubble being the operative word in the current Banksy market. I've been hearing that for 10 years, and yet they still go up and up.
Bubble being the operative word in the current Banksy market. I've been hearing that for 10 years, and yet they still go up and up. Not at the levels seen recently. Classic bubble market as prices rise and the market shrinks due to pieces becoming unaffordable to all but a small cohort. Offering buyer loans says it all really. |
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Forum Auctions • Banksy Marketplace 🇬🇧, by Jonny Wednesday on Aug 20, 2020 18:22:13 GMT 1, The only thing that can tank Banksy would be extremely bad accusations made against him OR an economic meltdown caused by a global “pandemic“ that results in mass unemployment. The first things people sell, especially middle managers on 70k a year that credit-card/lease/loan their entire existence , are pretty bits of paper on the wall.
There are others on here who said the same when the the realisation of the impact on this pandemic and that the price were going to tank.....bubble burst. if anything, the prices have just accelerated. People are jumping out of stocks and shares and buying precious metals and art. Its just investors moving money to 'safe' havens. Look back at any major economic downturn and you see similar. Buyers trying to talk the market down or scare people into selling now with doomsday stories and likewise there are sellers trying to talk the market up even more. Its market forces and basic economics in my view. I'm just enjoying the ride!!
The only thing that can tank Banksy would be extremely bad accusations made against him OR an economic meltdown caused by a global “pandemic“ that results in mass unemployment. The first things people sell, especially middle managers on 70k a year that credit-card/lease/loan their entire existence , are pretty bits of paper on the wall. There are others on here who said the same when the the realisation of the impact on this pandemic and that the price were going to tank.....bubble burst. if anything, the prices have just accelerated. People are jumping out of stocks and shares and buying precious metals and art. Its just investors moving money to 'safe' havens. Look back at any major economic downturn and you see similar. Buyers trying to talk the market down or scare people into selling now with doomsday stories and likewise there are sellers trying to talk the market up even more. Its market forces and basic economics in my view. I'm just enjoying the ride!! |
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kfroms
Junior Member
🗨️ 1,782
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October 2011
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Forum Auctions • Banksy Marketplace 🇬🇧, by kfroms on Aug 20, 2020 18:34:21 GMT 1, "People are jumping out of stocks and shares" yet the stock indexes globally are near all time high?
"People are jumping out of stocks and shares" yet the stock indexes globally are near all time high?
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JockoLad
New Member
🗨️ 745
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February 2007
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Forum Auctions • Banksy Marketplace 🇬🇧, by JockoLad on Aug 20, 2020 18:49:34 GMT 1, That type of credit is not being used to speculate though. People generally don’t lease a car thinking they’ll be better off at the end of the term?! Correct. They lease cars they can’t afford in the first place and don’t realise you can’t just “give it back” when they can’t make the £650 a month payment on their Range Rover Sport that had a 7000 mile a year allowance. Trust me - when the meltdown hits, car leasing/hp etc is going to pop so hard.
I’m certainly no expert but agree with this. It’s the next credit crisis waiting to happen. I’m always amazed that so many people are willing to ‘own’ a car on perpetual credit.
That type of credit is not being used to speculate though. People generally don’t lease a car thinking they’ll be better off at the end of the term?! Correct. They lease cars they can’t afford in the first place and don’t realise you can’t just “give it back” when they can’t make the £650 a month payment on their Range Rover Sport that had a 7000 mile a year allowance. Trust me - when the meltdown hits, car leasing/hp etc is going to pop so hard. I’m certainly no expert but agree with this. It’s the next credit crisis waiting to happen. I’m always amazed that so many people are willing to ‘own’ a car on perpetual credit. |
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Nuno
Junior Member
🗨️ 1,095
👍🏻 479
November 2007
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Forum Auctions • Banksy Marketplace 🇬🇧, by Nuno on Aug 20, 2020 19:00:33 GMT 1, Correct. They lease cars they can’t afford in the first place and don’t realise you can’t just “give it back” when they can’t make the £650 a month payment on their Range Rover Sport that had a 7000 mile a year allowance. Trust me - when the meltdown hits, car leasing/hp etc is going to pop so hard. I’m certainly no expert but agree with this. It’s the next credit crisis waiting to happen. I’m always amazed that so many people are willing to ‘own’ a car on perpetual credit.
I don’t disagree. But something about this doesn’t feel right - like Hargreaves Lansdown emailing customers with an interest free loan for 3 months as long as they invest in the stock market?! After 3 months they are left with the loan repayments but their stocks are worthless. With a lease, atleast you get a car for your money?!
Correct. They lease cars they can’t afford in the first place and don’t realise you can’t just “give it back” when they can’t make the £650 a month payment on their Range Rover Sport that had a 7000 mile a year allowance. Trust me - when the meltdown hits, car leasing/hp etc is going to pop so hard. I’m certainly no expert but agree with this. It’s the next credit crisis waiting to happen. I’m always amazed that so many people are willing to ‘own’ a car on perpetual credit. I don’t disagree. But something about this doesn’t feel right - like Hargreaves Lansdown emailing customers with an interest free loan for 3 months as long as they invest in the stock market?! After 3 months they are left with the loan repayments but their stocks are worthless. With a lease, atleast you get a car for your money?! |
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Forum Auctions • Banksy Marketplace 🇬🇧, by Adam The Collector on Aug 20, 2020 19:10:47 GMT 1, Everyone here acts like they don't know the advantages of leveraging debt. Loans are not a bad thing when properly managed and can serve as a wonderful option for certain people.
Everyone here acts like they don't know the advantages of leveraging debt. Loans are not a bad thing when properly managed and can serve as a wonderful option for certain people.
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Forum Auctions • Banksy Marketplace 🇬🇧, by John The Badgers on Aug 20, 2020 19:15:04 GMT 1, I think my first post/comment on the value of Banksy prints, and I am far from a member of his Fan Club, but I think current values are still 'cheap'?
Mass popularity, particularly with young people, deservedly very cool, the increase in value only making people want to own a print?
I still see an awful lot of people with a lot of money to spend, regardless of the pandemic.
I think my first post/comment on the value of Banksy prints, and I am far from a member of his Fan Club, but I think current values are still 'cheap'?
Mass popularity, particularly with young people, deservedly very cool, the increase in value only making people want to own a print?
I still see an awful lot of people with a lot of money to spend, regardless of the pandemic.
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kfroms
Junior Member
🗨️ 1,782
👍🏻 2,732
October 2011
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Forum Auctions • Banksy Marketplace 🇬🇧, by kfroms on Aug 20, 2020 19:21:35 GMT 1, Everyone here acts like they don't know the advantages of leveraging debt. Loans are not a bad thing when properly managed and can serve as a wonderful option for certain people.
It just feels like too many amateurs are invited to play the game.
Everyone here acts like they don't know the advantages of leveraging debt. Loans are not a bad thing when properly managed and can serve as a wonderful option for certain people. Of course - if you know what to do and understand the risk, go for it. It just feels like too many amateurs are invited to play the game. |
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anodyne13
New Member
🗨️ 432
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April 2008
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Forum Auctions • Banksy Marketplace 🇬🇧, by anodyne13 on Aug 20, 2020 20:07:12 GMT 1, For so long as the Unbolted loan remains outstanding your purchased Lots will be retained by Forum Auctions and stored at our risk and free of charge.
For so long as the Unbolted loan remains outstanding your purchased Lots will be retained by Forum Auctions and stored at our risk and free of charge.
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anodyne13
New Member
🗨️ 432
👍🏻 212
April 2008
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Forum Auctions • Banksy Marketplace 🇬🇧, by anodyne13 on Aug 20, 2020 20:08:47 GMT 1, If you do not repay the loan within 6 months, nor agree an extension with Unbolted, your purchased items will be re-offered for sale without reserve, though if the items re-sell at a price below the loan amount outstanding you will not be liable for any shortfall.
Interest rate per month: 1.50%
Thats 18% interest secured by the Banksy print.
If you do not repay the loan within 6 months, nor agree an extension with Unbolted, your purchased items will be re-offered for sale without reserve, though if the items re-sell at a price below the loan amount outstanding you will not be liable for any shortfall.
Interest rate per month: 1.50%
Thats 18% interest secured by the Banksy print.
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