jp
New Member
π¨οΈ 431
ππ» 504
September 2006
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Forum Auctions β’ Banksy Marketplace π¬π§, by jp on Aug 20, 2020 22:00:24 GMT 1, "People are jumping out of stocks and shares" yet the stock indexes globally are near all time high?
America's richest 1 percent now own half the value of the U.S. stock market. The richest 10 percent own 92 percent.
The Treasury and the Fed have been pouring billions into American corporations (bailouts, subsidies, and debt relief) to prop up the stock market.
This is a redistribution from the majority of Americans who own little or no shares of stock to the rich who own most.
When Trump says the stock market is the economy, know who he's really talking about.
Income inequality has been a growing problem in the US since the 1970s. This graph measures income inequality over the last 100 years. You can see how bad it is getting and this does not even include the last 10 years...
Economic inequality exists everywhere across the globe and is a measured by the Gini Coefficient that determines the gaps in income across society. Gini Coefficient ranges from zero where everybody has the same income to one hundred where an individual has the entire income and everyone else has zero income.
"People are jumping out of stocks and shares" yet the stock indexes globally are near all time high?
America's richest 1 percent now own half the value of the U.S. stock market. The richest 10 percent own 92 percent.
The Treasury and the Fed have been pouring billions into American corporations (bailouts, subsidies, and debt relief) to prop up the stock market.
This is a redistribution from the majority of Americans who own little or no shares of stock to the rich who own most.
When Trump says the stock market is the economy, know who he's really talking about.
Income inequality has been a growing problem in the US since the 1970s. This graph measures income inequality over the last 100 years. You can see how bad it is getting and this does not even include the last 10 years... Economic inequality exists everywhere across the globe and is a measured by the Gini Coefficient that determines the gaps in income across society. Gini Coefficient ranges from zero where everybody has the same income to one hundred where an individual has the entire income and everyone else has zero income. |
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Forum Auctions β’ Banksy Marketplace π¬π§, by Season of Mist on Sept 4, 2020 15:29:56 GMT 1, INSANITY, prices at Forum auction right now. INSANITY. 32K for unsigned Grannies + premium - that's 40K.
Some people here are having a very good day.
INSANITY, prices at Forum auction right now. INSANITY. 32K for unsigned Grannies + premium - that's 40K.
Some people here are having a very good day.
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coller
Junior Member
π¨οΈ 2,384
ππ» 2,371
April 2015
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Forum Auctions β’ Banksy Marketplace π¬π§, by coller on Sept 4, 2020 15:40:14 GMT 1, seems like most of the pieces didn't sell? maybe i don't know how to navigate the site.
seems like most of the pieces didn't sell? maybe i don't know how to navigate the site.
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saint
Junior Member
π¨οΈ 4,887
ππ» 1,881
September 2010
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Forum Auctions β’ Banksy Marketplace π¬π§, by saint on Sept 4, 2020 15:43:42 GMT 1, seems like most of the pieces didn't sell? maybe i don't know how to navigate the site.
seems like most of the pieces didn't sell? maybe i don't know how to navigate the site. All sold. Mostly for mental prices. |
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coller
Junior Member
π¨οΈ 2,384
ππ» 2,371
April 2015
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Forum Auctions β’ Banksy Marketplace π¬π§, by coller on Sept 4, 2020 15:51:54 GMT 1, seeing them now.
anarchist book fair signed HAND for 45kgbp doesn't seem too crazy?
although idk, i dont keep up with prices much
seeing them now.
anarchist book fair signed HAND for 45kgbp doesn't seem too crazy?
although idk, i dont keep up with prices much
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coller
Junior Member
π¨οΈ 2,384
ππ» 2,371
April 2015
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Forum Auctions β’ Banksy Marketplace π¬π§, by coller on Sept 4, 2020 15:53:03 GMT 1, signed WSM for 30k gbp doesn't seem crazy either
same w/ pax grin reaper at 28k gbp
signed WSM for 30k gbp doesn't seem crazy either
same w/ pax grin reaper at 28k gbp
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saint
Junior Member
π¨οΈ 4,887
ππ» 1,881
September 2010
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Forum Auctions β’ Banksy Marketplace π¬π§, by saint on Sept 4, 2020 16:04:45 GMT 1, 'Mostly' mental prices. Some were only half mental, and I would have loved that HAND, seemed like the steal of the auction.
'Mostly' mental prices. Some were only half mental, and I would have loved that HAND, seemed like the steal of the auction.
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dueuomo
New Member
π¨οΈ 639
ππ» 798
January 2014
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Forum Auctions β’ Banksy Marketplace π¬π§, by dueuomo on Sept 4, 2020 16:34:10 GMT 1, signed WSM for 30k gbp doesn't seem crazy either same w/ pax grin reaper at 28k gbp
I agree in fact I finally managed to purchase the signed WSM.
deeply personal and emotional purchase at a good price.
signed WSM for 30k gbp doesn't seem crazy either same w/ pax grin reaper at 28k gbp I agree in fact I finally managed to purchase the signed WSM. deeply personal and emotional purchase at a good price. |
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F*X
New Member
π¨οΈ 556
ππ» 400
February 2009
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Forum Auctions β’ Banksy Marketplace π¬π§, by F*X on Sept 4, 2020 16:46:58 GMT 1, Buyers paid the following Inc BP, VAT and ARR
CND Solders US Β£32,160.00
Have a Nice Day S Β£53,600.00
Grannies (POW) US Β£42,880.00
Very Little Helps S Β£75,040.00
Weston Super Mare S Β£40,200.00
Toxic Mary US Β£29,480.00
Wrong War S Β£37,520.00
Girl With Balloon US Β£176,880.00
Rude Copper (Sprayed) S Β£167,500.00
Napalm US Β£38,860.00
Queen Vic US Β£38,860.00
Trolleys (BW POW) US Β£50,920.00
Applause (POW) US Β£37,520.00
Soup Can S Β£68,340.00
I Fought The Law S Β£50,920.00
Grannies (POW) S Β£67,000.00
Donuts (Strawberry) S Β£80,400.00
Jack & Jill S Β£73,700.00
Bar Code US Β£73,700.00
Choose Your Weapon (Cool Gray) S Β£99,160.00
Happy Choppers S Β£67,000.00
Toxic Mary S Β£48,240.00
Morons (Sepia) S Β£67,000.00
Turf War US Β£64,320.00
Buyers paid the following Inc BP, VAT and ARR
CND Solders US Β£32,160.00
Have a Nice Day S Β£53,600.00
Grannies (POW) US Β£42,880.00
Very Little Helps S Β£75,040.00
Weston Super Mare S Β£40,200.00
Toxic Mary US Β£29,480.00
Wrong War S Β£37,520.00
Girl With Balloon US Β£176,880.00
Rude Copper (Sprayed) S Β£167,500.00
Napalm US Β£38,860.00
Queen Vic US Β£38,860.00
Trolleys (BW POW) US Β£50,920.00
Applause (POW) US Β£37,520.00
Soup Can S Β£68,340.00
I Fought The Law S Β£50,920.00
Grannies (POW) S Β£67,000.00
Donuts (Strawberry) S Β£80,400.00
Jack & Jill S Β£73,700.00
Bar Code US Β£73,700.00
Choose Your Weapon (Cool Gray) S Β£99,160.00
Happy Choppers S Β£67,000.00
Toxic Mary S Β£48,240.00
Morons (Sepia) S Β£67,000.00
Turf War US Β£64,320.00
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fusion0001
New Member
π¨οΈ 146
ππ» 415
November 2019
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Forum Auctions β’ Banksy Marketplace π¬π§, by fusion0001 on Sept 4, 2020 16:57:04 GMT 1, That is a 25% rise on the Banksy Value index. Just updated everything on the site. Interesting times
That is a 25% rise on the Banksy Value index. Just updated everything on the site. Interesting times
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Dice
Junior Member
π¨οΈ 2,234
ππ» 1,526
October 2011
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Forum Auctions β’ Banksy Marketplace π¬π§, by Dice on Sept 4, 2020 18:11:02 GMT 1, The barcode was unsigned actually, thought the world had gone mad for a minute! Seems like barcode, GWB and LIITA are the highest value unsigned prints now, wonder which one comes in 4th?
The barcode was unsigned actually, thought the world had gone mad for a minute! Seems like barcode, GWB and LIITA are the highest value unsigned prints now, wonder which one comes in 4th?
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SnazzyB
New Member
π¨οΈ 41
ππ» 29
June 2007
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Forum Auctions β’ Banksy Marketplace π¬π§, by SnazzyB on Sept 4, 2020 18:15:35 GMT 1, The barcode was US
The barcode was US
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F*X
New Member
π¨οΈ 556
ππ» 400
February 2009
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Forum Auctions β’ Banksy Marketplace π¬π§, by F*X on Sept 4, 2020 18:41:38 GMT 1, Updated
Updated
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aki
New Member
π¨οΈ 565
ππ» 356
June 2017
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Forum Auctions β’ Banksy Marketplace π¬π§, by aki on Sept 4, 2020 18:56:35 GMT 1, The barcode was unsigned actually, thought the world had gone mad for a minute! Seems like barcode, Girl With Balloon and LIITA are the highest value unsigned prints now, wonder which one comes in 4th?
Laugh now? 50k+ a few weeks ago, or gangsta rat at 50k
The barcode was unsigned actually, thought the world had gone mad for a minute! Seems like barcode, Girl With Balloon and LIITA are the highest value unsigned prints now, wonder which one comes in 4th? Laugh now? 50k+ a few weeks ago, or gangsta rat at 50k |
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Deleted
π¨οΈ 0
ππ»
January 1970
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Forum Auctions β’ Banksy Marketplace π¬π§, by Deleted on Sept 4, 2020 19:03:55 GMT 1, The barcode was unsigned actually, thought the world had gone mad for a minute! Seems like barcode, Girl With Balloon and LIITA are the highest value unsigned prints now, wonder which one comes in 4th? Laugh now? 50k+ a few weeks ago, or gangsta rat at 50k
The barcode was unsigned actually, thought the world had gone mad for a minute! Seems like barcode, Girl With Balloon and LIITA are the highest value unsigned prints now, wonder which one comes in 4th? Laugh now? 50k+ a few weeks ago, or gangsta rat at 50k Love rat way before a gangsta |
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Pattycakes
Junior Member
π¨οΈ 1,379
ππ» 423
June 2007
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Forum Auctions β’ Banksy Marketplace π¬π§, by Pattycakes on Sept 4, 2020 19:13:39 GMT 1, Love Rat is where it's at.
Love Rat is where it's at.
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lv90210
Junior Member
π¨οΈ 2,030
ππ» 1,926
January 2018
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Forum Auctions β’ Banksy Marketplace π¬π§, by lv90210 on Sept 4, 2020 19:15:09 GMT 1, Love Rat is where it's at.
The next love rat at auction is going to hurt the buyer .....
Love Rat is where it's at. The next love rat at auction is going to hurt the buyer ..... |
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cosmic
Junior Member
π¨οΈ 1,449
ππ» 932
January 2006
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Forum Auctions β’ Banksy Marketplace π¬π§, by cosmic on Sept 4, 2020 19:15:10 GMT 1, Love rat ?
It was not in the sale is there one coming up ?
Love rat ?
It was not in the sale is there one coming up ?
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lv90210
Junior Member
π¨οΈ 2,030
ππ» 1,926
January 2018
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Forum Auctions β’ Banksy Marketplace π¬π§, by lv90210 on Sept 4, 2020 19:15:48 GMT 1, Love rat ? It was not in the sale is there one coming up ?
Cosmic pay attention !
Love rat ? It was not in the sale is there one coming up ? Cosmic pay attention ! |
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cosmic
Junior Member
π¨οΈ 1,449
ππ» 932
January 2006
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Forum Auctions β’ Banksy Marketplace π¬π§, by cosmic on Sept 4, 2020 19:35:30 GMT 1, Lol ok back ok track
Lol ok back ok track
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LJCal
Junior Member
π¨οΈ 2,984
ππ» 4,523
December 2019
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Forum Auctions β’ Banksy Marketplace π¬π§, by LJCal on Sept 4, 2020 20:20:09 GMT 1, signed WSM for 30k gbp doesn't seem crazy either same w/ pax grin reaper at 28k gbp I agree in fact I finally managed to purchase the signed WSM. deeply personal and emotional purchase at a good price. 
signed WSM for 30k gbp doesn't seem crazy either same w/ pax grin reaper at 28k gbp I agree in fact I finally managed to purchase the signed WSM. deeply personal and emotional purchase at a good price. Congrats, I was an under bidder |
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LJCal
Junior Member
π¨οΈ 2,984
ππ» 4,523
December 2019
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Forum Auctions β’ Banksy Marketplace π¬π§, by LJCal on Sept 4, 2020 20:20:22 GMT 1, signed WSM for 30k gbp doesn't seem crazy either same w/ pax grin reaper at 28k gbp I agree in fact I finally managed to purchase the signed WSM. deeply personal and emotional purchase at a good price.
signed WSM for 30k gbp doesn't seem crazy either same w/ pax grin reaper at 28k gbp I agree in fact I finally managed to purchase the signed WSM. deeply personal and emotional purchase at a good price. Congrats, I was an under bidder |
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dueuomo
New Member
π¨οΈ 639
ππ» 798
January 2014
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Forum Auctions β’ Banksy Marketplace π¬π§, by dueuomo on Sept 4, 2020 21:09:18 GMT 1, I agree in fact I finally managed to purchase the signed WSM. deeply personal and emotional purchase at a good price.Β Congrats, I was an under bidder
Thank you for letting it go then ;-)
I agree in fact I finally managed to purchase the signed WSM. deeply personal and emotional purchase at a good price.Β Congrats, I was an under bidder Thank you for letting it go then ;-) |
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Forum Auctions β’ Banksy Marketplace π¬π§, by Jonny Wednesday on Sept 5, 2020 8:21:06 GMT 1, That is a 25% rise on the Banksy Value index. Just updated everything on the site. Interesting times
Hey Fusion0001,
Keen to understand how you put the figures together a little more, as I'm sure others are as well. Its certainly seems to becoming a reference point / guide for prices at the moment.
It looks like you dont apply the same percentage gain to all prints. If you look at U/S laugh now, thats jumped from 50k to 70k, even though one wasnt sold as part of the Forum Auction. Very Little Helps did sell for 56k hammer, which with cost was over 76k but is only marked at 49k. U/S WSM wasn't in the auction yesterday now up at 35k, which is more than a signed version, which was sold yesterday.
I really want to believe in these figures, even though they gave me a restless night last night, I have to say I am a little skeptical atm - please dont take that as a criticism - I really want these figure to be correct or as close as can be and I think its a great resource ! But understanding a bit more behind the math might help convince me this is for real. Should I be ignoring the "Print Value (auto)" column and focus on "Print value (expert range)" instead to get a guide on value?
That is a 25% rise on the Banksy Value index. Just updated everything on the site. Interesting times Hey Fusion0001, Keen to understand how you put the figures together a little more, as I'm sure others are as well. Its certainly seems to becoming a reference point / guide for prices at the moment. It looks like you dont apply the same percentage gain to all prints. If you look at U/S laugh now, thats jumped from 50k to 70k, even though one wasnt sold as part of the Forum Auction. Very Little Helps did sell for 56k hammer, which with cost was over 76k but is only marked at 49k. U/S WSM wasn't in the auction yesterday now up at 35k, which is more than a signed version, which was sold yesterday. I really want to believe in these figures, even though they gave me a restless night last night, I have to say I am a little skeptical atm - please dont take that as a criticism - I really want these figure to be correct or as close as can be and I think its a great resource ! But understanding a bit more behind the math might help convince me this is for real. Should I be ignoring the "Print Value (auto)" column and focus on "Print value (expert range)" instead to get a guide on value? |
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fusion0001
New Member
π¨οΈ 146
ππ» 415
November 2019
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Forum Auctions β’ Banksy Marketplace π¬π§, by fusion0001 on Sept 5, 2020 9:04:31 GMT 1, Iβll send details a bit later, but I have not yet had time to update individual print prices properly after the auction last night, so there can be definitely inconsistencies. Iβll get to it today. I usually post on the Banksy Valuation thread in the Banksy forum when I do a proper full update.
But the index should be now right. Its simply a weighted index of print prices where I take average last 3 month auction price for each print (or if not auctioned then whatever last price was). Hence it always lags a bit behind the actuals.
Iβll send details a bit later, but I have not yet had time to update individual print prices properly after the auction last night, so there can be definitely inconsistencies. Iβll get to it today. I usually post on the Banksy Valuation thread in the Banksy forum when I do a proper full update.
But the index should be now right. Its simply a weighted index of print prices where I take average last 3 month auction price for each print (or if not auctioned then whatever last price was). Hence it always lags a bit behind the actuals.
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fusion0001
New Member
π¨οΈ 146
ππ» 415
November 2019
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Forum Auctions β’ Banksy Marketplace π¬π§, by fusion0001 on Sept 5, 2020 18:35:48 GMT 1, That is a 25% rise on the Banksy Value index. Just updated everything on the site. Interesting times Hey Fusion0001, Keen to understand how you put the figures together a little more, as I'm sure others are as well. Its certainly seems to becoming a reference point / guide for prices at the moment. It looks like you dont apply the same percentage gain to all prints. If you look at U/S laugh now, thats jumped from 50k to 70k, even though one wasnt sold as part of the Forum Auction. Very Little Helps did sell for 56k hammer, which with cost was over 76k but is only marked at 49k. U/S WSM wasn't in the auction yesterday now up at 35k, which is more than a signed version, which was sold yesterday. I really want to believe in these figures, even though they gave me a restless night last night, I have to say I am a little skeptical atm - please dont take that as a criticism - I really want these figure to be correct or as close as can be and I think its a great resource ! But understanding a bit more behind the math might help convince me this is for real. Should I be ignoring the "Print Value (auto)" column and focus on "Print value (expert range)" instead to get a guide on value?
I looked a bit into the issue and have slightly tweaked the algorithm so that it reacts faster to price moves. This has now fixed some of the issues you have observed.
To summarize how the calculations on www.banksy-value.com work now:
BPI is the print value index, which is calculated as value-weighted average price of all Banksy prints (always taking the last observed sales price in auction) indexed to 2008 price level equal 100. There is no extrapolation; only actual sales data.
Print value (auto) is calculated as follows
- If the print has been sold in last 3 months then I take the average of all sales prices over last 3 months and multiply it by how much BPI has increased over the period since last observed sale (e.g. WSM unsigned was sold for 22.5k in June and index has gone up from around 750 to around 1150, so the price for it is projected at 1150/750*22.5k=35k
- If the print has not sold in last 3 months I take single latest sales value and multiply it by index increase
Print value (expert) is a manual update that I do. It takes some days for me to run through the list and do a proper update (will do over the weekend)
Hope this helps clarify. And thanks for the observation, which helped improve the estimates!
That is a 25% rise on the Banksy Value index. Just updated everything on the site. Interesting times Hey Fusion0001, Keen to understand how you put the figures together a little more, as I'm sure others are as well. Its certainly seems to becoming a reference point / guide for prices at the moment. It looks like you dont apply the same percentage gain to all prints. If you look at U/S laugh now, thats jumped from 50k to 70k, even though one wasnt sold as part of the Forum Auction. Very Little Helps did sell for 56k hammer, which with cost was over 76k but is only marked at 49k. U/S WSM wasn't in the auction yesterday now up at 35k, which is more than a signed version, which was sold yesterday. I really want to believe in these figures, even though they gave me a restless night last night, I have to say I am a little skeptical atm - please dont take that as a criticism - I really want these figure to be correct or as close as can be and I think its a great resource ! But understanding a bit more behind the math might help convince me this is for real. Should I be ignoring the "Print Value (auto)" column and focus on "Print value (expert range)" instead to get a guide on value? I looked a bit into the issue and have slightly tweaked the algorithm so that it reacts faster to price moves. This has now fixed some of the issues you have observed. To summarize how the calculations on www.banksy-value.com work now:
BPI is the print value index, which is calculated as value-weighted average price of all Banksy prints (always taking the last observed sales price in auction) indexed to 2008 price level equal 100. There is no extrapolation; only actual sales data. Print value (auto) is calculated as follows - If the print has been sold in last 3 months then I take the average of all sales prices over last 3 months and multiply it by how much BPI has increased over the period since last observed sale (e.g. WSM unsigned was sold for 22.5k in June and index has gone up from around 750 to around 1150, so the price for it is projected at 1150/750*22.5k=35k
- If the print has not sold in last 3 months I take single latest sales value and multiply it by index increase
Print value (expert) is a manual update that I do. It takes some days for me to run through the list and do a proper update (will do over the weekend) Hope this helps clarify. And thanks for the observation, which helped improve the estimates! |
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Stonetown
New Member
π¨οΈ 224
ππ» 154
July 2019
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Forum Auctions β’ Banksy Marketplace π¬π§, by Stonetown on Sept 5, 2020 18:37:57 GMT 1, Hey Fusion0001, Keen to understand how you put the figures together a little more, as I'm sure others are as well. Its certainly seems to becoming a reference point / guide for prices at the moment. It looks like you dont apply the same percentage gain to all prints. If you look at U/S laugh now, thats jumped from 50k to 70k, even though one wasnt sold as part of the Forum Auction. Very Little Helps did sell for 56k hammer, which with cost was over 76k but is only marked at 49k. U/S WSM wasn't in the auction yesterday now up at 35k, which is more than a signed version, which was sold yesterday. I really want to believe in these figures, even though they gave me a restless night last night, I have to say I am a little skeptical atm - please dont take that as a criticism - I really want these figure to be correct or as close as can be and I think its a great resource ! But understanding a bit more behind the math might help convince me this is for real. Should I be ignoring the "Print Value (auto)" column and focus on "Print value (expert range)" instead to get a guide on value?Β I looked a bit into the issue and have slightly tweaked the algorithm so that it reacts faster to price moves. This has now fixed some of the issues you have observed. To summarize how the calculations on www.banksy-value.com work now:
BPI is the print value index, which is calculated as value-weighted average price of all Banksy prints (always taking the last observed sales price in auction) indexed to 2008 price level equal 100. There is no extrapolation; only actual sales data. Print value (auto) is calculated as follows - If the print has been sold in last 3 months then I take the average of all sales prices over last 3 months and multiply it by how much BPI has increased over the period since last observed sale (e.g. WSM unsigned was sold for 22.5k in June and index has gone up from around 750 to around 1150, so the price for it is projected at 1150/750*22.5k=35k
- If the print has not sold in last 3 months I take single latest sales value and multiply it by index increase
Print value (expert) is a manual update that I do. It takes some days for me to run through the list and do a proper update (will do over the weekend) Hope this helps clarify. And thanks for the observation, which helped improve the estimates!
You are a prince for doing this. I hope ppl appreciate the effort you put in. High five to you!!!
Hey Fusion0001, Keen to understand how you put the figures together a little more, as I'm sure others are as well. Its certainly seems to becoming a reference point / guide for prices at the moment. It looks like you dont apply the same percentage gain to all prints. If you look at U/S laugh now, thats jumped from 50k to 70k, even though one wasnt sold as part of the Forum Auction. Very Little Helps did sell for 56k hammer, which with cost was over 76k but is only marked at 49k. U/S WSM wasn't in the auction yesterday now up at 35k, which is more than a signed version, which was sold yesterday. I really want to believe in these figures, even though they gave me a restless night last night, I have to say I am a little skeptical atm - please dont take that as a criticism - I really want these figure to be correct or as close as can be and I think its a great resource ! But understanding a bit more behind the math might help convince me this is for real. Should I be ignoring the "Print Value (auto)" column and focus on "Print value (expert range)" instead to get a guide on value?Β I looked a bit into the issue and have slightly tweaked the algorithm so that it reacts faster to price moves. This has now fixed some of the issues you have observed. To summarize how the calculations on www.banksy-value.com work now:
BPI is the print value index, which is calculated as value-weighted average price of all Banksy prints (always taking the last observed sales price in auction) indexed to 2008 price level equal 100. There is no extrapolation; only actual sales data. Print value (auto) is calculated as follows - If the print has been sold in last 3 months then I take the average of all sales prices over last 3 months and multiply it by how much BPI has increased over the period since last observed sale (e.g. WSM unsigned was sold for 22.5k in June and index has gone up from around 750 to around 1150, so the price for it is projected at 1150/750*22.5k=35k
- If the print has not sold in last 3 months I take single latest sales value and multiply it by index increase
Print value (expert) is a manual update that I do. It takes some days for me to run through the list and do a proper update (will do over the weekend) Hope this helps clarify. And thanks for the observation, which helped improve the estimates! You are a prince for doing this. I hope ppl appreciate the effort you put in. High five to you!!! |
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FΠ―
Full Member
π¨οΈ 8,264
ππ» 9,252
May 2013
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Forum Auctions β’ Banksy Marketplace π¬π§, by FΠ― on Sept 5, 2020 18:38:17 GMT 1, Hey Fusion0001, Keen to understand how you put the figures together a little more, as I'm sure others are as well. Its certainly seems to becoming a reference point / guide for prices at the moment. It looks like you dont apply the same percentage gain to all prints. If you look at U/S laugh now, thats jumped from 50k to 70k, even though one wasnt sold as part of the Forum Auction. Very Little Helps did sell for 56k hammer, which with cost was over 76k but is only marked at 49k. U/S WSM wasn't in the auction yesterday now up at 35k, which is more than a signed version, which was sold yesterday. I really want to believe in these figures, even though they gave me a restless night last night, I have to say I am a little skeptical atm - please dont take that as a criticism - I really want these figure to be correct or as close as can be and I think its a great resource ! But understanding a bit more behind the math might help convince me this is for real. Should I be ignoring the "Print Value (auto)" column and focus on "Print value (expert range)" instead to get a guide on value? I looked a bit into the issue and have slightly tweaked the algorithm so that it reacts faster to price moves. This has now fixed some of the issues you have observed. To summarize how the calculations on www.banksy-value.com work now:
BPI is the print value index, which is calculated as value-weighted average price of all Banksy prints (always taking the last observed sales price in auction) indexed to 2008 price level equal 100. There is no extrapolation; only actual sales data. Print value (auto) is calculated as follows - If the print has been sold in last 3 months then I take the average of all sales prices over last 3 months and multiply it by how much BPI has increased over the period since last observed sale (e.g. WSM unsigned was sold for 22.5k in June and index has gone up from around 750 to around 1150, so the price for it is projected at 1150/750*22.5k=35k
- If the print has not sold in last 3 months I take single latest sales value and multiply it by index increase
Print value (expert) is a manual update that I do. It takes some days for me to run through the list and do a proper update (will do over the weekend) Hope this helps clarify. And thanks for the observation, which helped improve the estimates!
you are still missing the edition 58 choose your weapon queue jumping grey
Hey Fusion0001, Keen to understand how you put the figures together a little more, as I'm sure others are as well. Its certainly seems to becoming a reference point / guide for prices at the moment. It looks like you dont apply the same percentage gain to all prints. If you look at U/S laugh now, thats jumped from 50k to 70k, even though one wasnt sold as part of the Forum Auction. Very Little Helps did sell for 56k hammer, which with cost was over 76k but is only marked at 49k. U/S WSM wasn't in the auction yesterday now up at 35k, which is more than a signed version, which was sold yesterday. I really want to believe in these figures, even though they gave me a restless night last night, I have to say I am a little skeptical atm - please dont take that as a criticism - I really want these figure to be correct or as close as can be and I think its a great resource ! But understanding a bit more behind the math might help convince me this is for real. Should I be ignoring the "Print Value (auto)" column and focus on "Print value (expert range)" instead to get a guide on value? I looked a bit into the issue and have slightly tweaked the algorithm so that it reacts faster to price moves. This has now fixed some of the issues you have observed. To summarize how the calculations on www.banksy-value.com work now:
BPI is the print value index, which is calculated as value-weighted average price of all Banksy prints (always taking the last observed sales price in auction) indexed to 2008 price level equal 100. There is no extrapolation; only actual sales data. Print value (auto) is calculated as follows - If the print has been sold in last 3 months then I take the average of all sales prices over last 3 months and multiply it by how much BPI has increased over the period since last observed sale (e.g. WSM unsigned was sold for 22.5k in June and index has gone up from around 750 to around 1150, so the price for it is projected at 1150/750*22.5k=35k
- If the print has not sold in last 3 months I take single latest sales value and multiply it by index increase
Print value (expert) is a manual update that I do. It takes some days for me to run through the list and do a proper update (will do over the weekend) Hope this helps clarify. And thanks for the observation, which helped improve the estimates! you are still missing the edition 58 choose your weapon queue jumping grey |
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cest
Junior Member
π¨οΈ 1,725
ππ» 1,160
September 2018
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Forum Auctions β’ Banksy Marketplace π¬π§, by cest on Sept 5, 2020 18:57:35 GMT 1, I'd "trade up" my wsm us for a signed one at that price (assuming someone will give me 20k for my us)
I'd "trade up" my wsm us for a signed one at that price (assuming someone will give me 20k for my us)
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bob60
New Member
π¨οΈ 238
ππ» 152
May 2014
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Forum Auctions β’ Banksy Marketplace π¬π§, by bob60 on Sept 5, 2020 19:10:02 GMT 1, Iβll send details a bit later, but I have not yet had time to update individual print prices properly after the auction last night, so there can be definitely inconsistencies. Iβll get to it today. I usually post on the Banksy Valuation thread in the Banksy forum when I do a proper full update. But the index should be now right. Its simply a weighted index of print prices where I take average last 3 month auction price for each print (or if not auctioned then whatever last price was). Hence it always lags a bit behind the actuals.
What are the two Soup Cans colour?
I thought there was only the 28 colour ways, the original blue signed and unsigned, and the two quads...
Iβll send details a bit later, but I have not yet had time to update individual print prices properly after the auction last night, so there can be definitely inconsistencies. Iβll get to it today. I usually post on the Banksy Valuation thread in the Banksy forum when I do a proper full update. But the index should be now right. Its simply a weighted index of print prices where I take average last 3 month auction price for each print (or if not auctioned then whatever last price was). Hence it always lags a bit behind the actuals. What are the two Soup Cans colour? I thought there was only the 28 colour ways, the original blue signed and unsigned, and the two quads... |
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