Sundowner
Junior Member
🗨️ 4,227
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September 2008
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Forum Auctions • Banksy Marketplace 🇬🇧, by Sundowner on Apr 23, 2021 15:56:40 GMT 1, Maybe Forum might give the market a three month break now......
Maybe Forum might give the market a three month break now......
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Sundowner
Junior Member
🗨️ 4,227
👍🏻 2,429
September 2008
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Forum Auctions • Banksy Marketplace 🇬🇧, by Sundowner on Apr 23, 2021 15:57:45 GMT 1, Watching the prices at Heritage yesterday and Phillips saw "big items" such as Nola massively correct and it will continue. Forum will be hit by the shock wave and the very poor u/s collection at Bonhams will be carnage. Anything unsigned is going to suffer and a degree of panic will see even more come to the market. Meanwhile "investors" will sit on the side lines as they start looking for specific items to complete collections or good value. Permenant correction? No just a changing of the ownership model and far too much supply, which will be temporary. However with original buyers wanting to cash out on one of the best investments they have ever made, prices will go down before they go up again but within 18months they will be back at December 2020 prices. Panic now or pick up some better priced gems? You decide!! Pest control has Damage the market....
Watching the prices at Heritage yesterday and Phillips saw "big items" such as Nola massively correct and it will continue. Forum will be hit by the shock wave and the very poor u/s collection at Bonhams will be carnage. Anything unsigned is going to suffer and a degree of panic will see even more come to the market. Meanwhile "investors" will sit on the side lines as they start looking for specific items to complete collections or good value. Permenant correction? No just a changing of the ownership model and far too much supply, which will be temporary. However with original buyers wanting to cash out on one of the best investments they have ever made, prices will go down before they go up again but within 18months they will be back at December 2020 prices. Panic now or pick up some better priced gems? You decide!! Pest control has Damage the market.... How so Luis? |
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Forum Auctions • Banksy Marketplace 🇬🇧, by andypandy on Apr 23, 2021 16:05:20 GMT 1, cold cold cold where is art delight??
He should be having a buy up.......
cold cold cold where is art delight?? He should be having a buy up....... |
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Forum Auctions • Banksy Marketplace 🇬🇧, by Georgie Poppit on Apr 23, 2021 16:07:51 GMT 1, Maybe Forum might give the market a three month break now......
Unfortunately they’re thinking they need to get another Banksy auction in sooner to make up for the lost income from this sale.
Maybe Forum might give the market a three month break now...... Unfortunately they’re thinking they need to get another Banksy auction in sooner to make up for the lost income from this sale. |
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irl1
Full Member
🗨️ 9,274
👍🏻 9,381
December 2017
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Forum Auctions • Banksy Marketplace 🇬🇧, by irl1 on Apr 23, 2021 16:21:24 GMT 1, Anyone got a link to this shit show? 
Anyone got a link to this shit show? Yeah here you go |
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LJCal
Junior Member
🗨️ 2,983
👍🏻 4,523
December 2019
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Forum Auctions • Banksy Marketplace 🇬🇧, by LJCal on Apr 23, 2021 16:41:06 GMT 1, well that was like watching a slow motion car crash
well that was like watching a slow motion car crash
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jenko
New Member
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December 2020
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Forum Auctions • Banksy Marketplace 🇬🇧, by jenko on Apr 23, 2021 16:46:59 GMT 1, Ouch.
Offering original cost price for anyone having buyers remorse 😜
Ouch.
Offering original cost price for anyone having buyers remorse 😜
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Forum Auctions • Banksy Marketplace 🇬🇧, by fusion0001 on Apr 23, 2021 16:51:26 GMT 1, Ran the recent auction numbers through banksy-value.com indexing.
Price decrease 8.29% in April
I "feel" the actual decrease is closer to 10-15%, but the algorithm right now does not account for "passed" lots and hence is a bit lagging behind.
Ran the recent auction numbers through banksy-value.com indexing.
Price decrease 8.29% in April
I "feel" the actual decrease is closer to 10-15%, but the algorithm right now does not account for "passed" lots and hence is a bit lagging behind.
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theclash
New Member
🗨️ 581
👍🏻 644
May 2020
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Forum Auctions • Banksy Marketplace 🇬🇧, by theclash on Apr 23, 2021 16:56:02 GMT 1, Oh well, as planned they will stay on the wall for another 10 years and may check the prices again then.
Oh well, as planned they will stay on the wall for another 10 years and may check the prices again then.
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Forum Auctions • Banksy Marketplace 🇬🇧, by Dexter Bulldog on Apr 23, 2021 19:03:57 GMT 1, where are the usual guys that post all the prices?
where are the usual guys that post all the prices?
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Sundowner
Junior Member
🗨️ 4,227
👍🏻 2,429
September 2008
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Forum Auctions • Banksy Marketplace 🇬🇧, by Sundowner on Apr 23, 2021 19:18:56 GMT 1, where are the usual guys that post all the prices?
Planning their exit strategy?
where are the usual guys that post all the prices? Planning their exit strategy? |
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Wendero
New Member
🗨️ 537
👍🏻 490
January 2021
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Forum Auctions • Banksy Marketplace 🇬🇧, by Wendero on Apr 23, 2021 19:20:08 GMT 1, where are the usual guys that post all the prices?
where are the usual guys that post all the prices? it would be truly appreciated |
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Forum Auctions • Banksy Marketplace 🇬🇧, by Frndly Fire on Apr 23, 2021 19:31:56 GMT 1, where are the usual guys that post all the prices? it would be truly appreciated
Just click the link at the top of the thread.
where are the usual guys that post all the prices? it would be truly appreciated Just click the link at the top of the thread. |
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tab1
Full Member
🗨️ 8,519
👍🏻 3,679
September 2011
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Forum Auctions • Banksy Marketplace 🇬🇧, by tab1 on Apr 23, 2021 19:37:43 GMT 1, where are the usual guys that post all the prices? Planning their exit strategy?
Not hot
where are the usual guys that post all the prices? Planning their exit strategy? Not hot |
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Wendero
New Member
🗨️ 537
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January 2021
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Forum Auctions • Banksy Marketplace 🇬🇧, by Wendero on Apr 23, 2021 19:38:34 GMT 1, it would be truly appreciated Just click the link at the top of the thread.
it would be truly appreciated Just click the link at the top of the thread. Only hammered price , not include fees, VAT |
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Forum Auctions • Banksy Marketplace 🇬🇧, by Georgie Poppit on Apr 23, 2021 19:43:50 GMT 1, Ironically, I bet that auctioneer is currently getting hammered
Ironically, I bet that auctioneer is currently getting hammered
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samo
Junior Member
🗨️ 1,512
👍🏻 1,210
October 2007
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Forum Auctions • Banksy Marketplace 🇬🇧, by samo on Apr 23, 2021 20:03:16 GMT 1, Just click the link at the top of the thread. Only hammered price , not include fees, VAT You can see the Forum Auction results including fees on Banksy-Value:
Just click the link at the top of the thread. Only hammered price , not include fees, VAT You can see the Forum Auction results including fees on Banksy-Value:
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poofly
New Member
🗨️ 490
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September 2006
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Forum Auctions • Banksy Marketplace 🇬🇧, by poofly on Apr 23, 2021 20:17:11 GMT 1, Oh well, as planned they will stay on the wall for another 10 years and may check the prices again then.
Oh well, as planned they will stay on the wall for another 10 years and may check the prices again then. I might have actually got COA sorted out by then! |
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Wendero
New Member
🗨️ 537
👍🏻 490
January 2021
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Forum Auctions • Banksy Marketplace 🇬🇧, by Wendero on Apr 23, 2021 20:29:33 GMT 1, Oh well, as planned they will stay on the wall for another 10 years and may check the prices again then. I might have actually got COA sorted out by then!
I think Banksy can afford it ...... indeed, someone would even do it for free
Oh well, as planned they will stay on the wall for another 10 years and may check the prices again then. I might have actually got COA sorted out by then! 🤣 but I say, would hiring more people at Pest Control offices be a bad idea? I think Banksy can afford it ...... indeed, someone would even do it for free |
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Forum Auctions • Banksy Marketplace 🇬🇧, by dzigavertov on Apr 23, 2021 20:47:37 GMT 1, Unsigned Jack and Jill did 5k more today than Christie's show last month - £40000 is decent...the rest was luke warm on the whole to say the least
Unsigned Jack and Jill did 5k more today than Christie's show last month - £40000 is decent...the rest was luke warm on the whole to say the least
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Snakes
New Member
🗨️ 543
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October 2012
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Forum Auctions • Banksy Marketplace 🇬🇧, by Snakes on Apr 24, 2021 20:03:54 GMT 1, How in Heavens name did flag sell for more than the Happy Choppers.
How in Heavens name did flag sell for more than the Happy Choppers.
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Spenie
Junior Member
🗨️ 1,283
👍🏻 2,214
November 2014
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Forum Auctions • Banksy Marketplace 🇬🇧, by Spenie on Apr 24, 2021 20:43:46 GMT 1, No Keeeeerrrrrrrrrrrrrboooooooooooommmm !! ?? 
No Keeeeerrrrrrrrrrrrrboooooooooooommmm !! ?? |
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Deleted
🗨️ 0
👍🏻
January 1970
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Forum Auctions • Banksy Marketplace 🇬🇧, by Deleted on Apr 24, 2021 20:52:57 GMT 1, No Keeeeerrrrrrrrrrrrrboooooooooooommmm !! ??
🥺
No Keeeeerrrrrrrrrrrrrboooooooooooommmm !! ?? Very quiet couple weeks for certain members. 🥺 |
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sbash
New Member
🗨️ 347
👍🏻 388
September 2016
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Forum Auctions • Banksy Marketplace 🇬🇧, by sbash on Apr 24, 2021 21:04:22 GMT 1, No Keeeeerrrrrrrrrrrrrboooooooooooommmm !! ??
!!!!Mmmmoooooooooooobrrrrrrrrrrreeeeeeeeek...
No Keeeeerrrrrrrrrrrrrboooooooooooommmm !! ?? More of a: !!!!Mmmmoooooooooooobrrrrrrrrrrreeeeeeeeek... |
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artlife11
New Member
🗨️ 372
👍🏻 239
January 2020
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Forum Auctions • Banksy Marketplace 🇬🇧, by artlife11 on Apr 24, 2021 21:04:48 GMT 1, Will be interested to see how the results go today. It feels like the market has become rather saturated and there could be some bargains to be had. The price correction seems to be in full effect and what with stock market taking a big hit, It is difficult to see anything except a continued correction on prices. I also expect the unsigned vs signed price point to continue heading back to the ratio it was pre-covid. I hope I am wrong but what does everyone else think? Any predictions on upcoming lots?
I see No Ball Games hammered at £62000 but price achieved was £83000 on Banksy value . Does this mean forum auctions pocketed £21000 for a disappointing result? I can understand Sotherbys and Christie’s and Bonhams charges for exceptional results but I would be peveed at paying massive fees on results from most of Banksy sales from yesterday’s auction
Will be interested to see how the results go today. It feels like the market has become rather saturated and there could be some bargains to be had. The price correction seems to be in full effect and what with stock market taking a big hit, It is difficult to see anything except a continued correction on prices. I also expect the unsigned vs signed price point to continue heading back to the ratio it was pre-covid. I hope I am wrong but what does everyone else think? Any predictions on upcoming lots? I see No Ball Games hammered at £62000 but price achieved was £83000 on Banksy value . Does this mean forum auctions pocketed £21000 for a disappointing result? I can understand Sotherbys and Christie’s and Bonhams charges for exceptional results but I would be peveed at paying massive fees on results from most of Banksy sales from yesterday’s auction |
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artnow
New Member
🗨️ 253
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April 2017
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Forum Auctions • Banksy Marketplace 🇬🇧, by artnow on Apr 24, 2021 21:24:39 GMT 1, Will be interested to see how the results go today. It feels like the market has become rather saturated and there could be some bargains to be had. The price correction seems to be in full effect and what with stock market taking a big hit, It is difficult to see anything except a continued correction on prices. I also expect the unsigned vs signed price point to continue heading back to the ratio it was pre-covid. I hope I am wrong but what does everyone else think? Any predictions on upcoming lots? I see No Ball Games hammered at £62000 but price achieved was £83000 on Banksy value . Does this mean forum auctions pocketed £21000 for a disappointing result? I can understand Sotherbys and Christie’s and Bonhams charges for exceptional results but I would be peveed at paying massive fees on results from most of Banksy sales from yesterday’s auction
Buyers fee
Will be interested to see how the results go today. It feels like the market has become rather saturated and there could be some bargains to be had. The price correction seems to be in full effect and what with stock market taking a big hit, It is difficult to see anything except a continued correction on prices. I also expect the unsigned vs signed price point to continue heading back to the ratio it was pre-covid. I hope I am wrong but what does everyone else think? Any predictions on upcoming lots? I see No Ball Games hammered at £62000 but price achieved was £83000 on Banksy value . Does this mean forum auctions pocketed £21000 for a disappointing result? I can understand Sotherbys and Christie’s and Bonhams charges for exceptional results but I would be peveed at paying massive fees on results from most of Banksy sales from yesterday’s auction Buyers fee |
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LJCal
Junior Member
🗨️ 2,983
👍🏻 4,523
December 2019
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Forum Auctions • Banksy Marketplace 🇬🇧, by LJCal on Apr 24, 2021 21:35:12 GMT 1, Will be interested to see how the results go today. It feels like the market has become rather saturated and there could be some bargains to be had. The price correction seems to be in full effect and what with stock market taking a big hit, It is difficult to see anything except a continued correction on prices. I also expect the unsigned vs signed price point to continue heading back to the ratio it was pre-covid. I hope I am wrong but what does everyone else think? Any predictions on upcoming lots? I see No Ball Games hammered at £62000 but price achieved was £83000 on Banksy value . Does this mean forum auctions pocketed £21000 for a disappointing result? I can understand Sotherbys and Christie’s and Bonhams charges for exceptional results but I would be peveed at paying massive fees on results from most of Banksy sales from yesterday’s auction
Edit - I do think art auctioneers fees in general are high relative to transaction fees in other industires. I'm hoping more and more challengers come in to the market and collectors start getting better value. I'm pretty sure someone could build a viable high end auction house charging max 10% fees, especially if the bulk of sales are conducted online and they can keep overheads down.
Will be interested to see how the results go today. It feels like the market has become rather saturated and there could be some bargains to be had. The price correction seems to be in full effect and what with stock market taking a big hit, It is difficult to see anything except a continued correction on prices. I also expect the unsigned vs signed price point to continue heading back to the ratio it was pre-covid. I hope I am wrong but what does everyone else think? Any predictions on upcoming lots? I see No Ball Games hammered at £62000 but price achieved was £83000 on Banksy value . Does this mean forum auctions pocketed £21000 for a disappointing result? I can understand Sotherbys and Christie’s and Bonhams charges for exceptional results but I would be peveed at paying massive fees on results from most of Banksy sales from yesterday’s auction I dont really think you can blame the auctioneer, many records have been set at Forum especially towards the end of last year. The market is correcting due to over supply and becoming over valued, no auctioneer can do anything about that. Forum also didn't take £21k that figure includes VAT (where payable) and ARR. The auction house would receive £15,500 on that hammer price. Edit - I do think art auctioneers fees in general are high relative to transaction fees in other industires. I'm hoping more and more challengers come in to the market and collectors start getting better value. I'm pretty sure someone could build a viable high end auction house charging max 10% fees, especially if the bulk of sales are conducted online and they can keep overheads down. |
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vernaxley
New Member
🗨️ 277
👍🏻 138
September 2014
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Forum Auctions • Banksy Marketplace 🇬🇧, by vernaxley on Apr 25, 2021 9:47:27 GMT 1, It's hardly surprising the prices are slowing, given we've all been openly bemused by what people are paying for prints with no real consideration for condition, signed/unsigned and edition size.
Maybe the new players in this market are finally educating themselves to the value of the hand of the artist.
If so, then the serious money will simply be diverted towards the Banksy originals market where the scope for returns far exceeds that of prints.
It's hardly surprising the prices are slowing, given we've all been openly bemused by what people are paying for prints with no real consideration for condition, signed/unsigned and edition size.
Maybe the new players in this market are finally educating themselves to the value of the hand of the artist.
If so, then the serious money will simply be diverted towards the Banksy originals market where the scope for returns far exceeds that of prints.
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madnat
New Member
🗨️ 6
👍🏻 1
December 2020
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Forum Auctions • Banksy Marketplace 🇬🇧, by madnat on Apr 26, 2021 17:08:16 GMT 1, I see No Ball Games hammered at £62000 but price achieved was £83000 on Banksy value . Does this mean forum auctions pocketed £21000 for a disappointing result? I can understand Sotherbys and Christie’s and Bonhams charges for exceptional results but I would be peveed at paying massive fees on results from most of Banksy sales from yesterday’s auction I dont really think you can blame the auctioneer, many records have been set at Forum especially towards the end of last year. The market is correcting due to over supply and becoming over valued, no auctioneer can do anything about that. Forum also didn't take £21k that figure includes VAT (where payable) and ARR. The auction house would receive £15,500 on that hammer price. Edit - I do think art auctioneers fees in general are high relative to transaction fees in other industires. I'm hoping more and more challengers come in to the market and collectors start getting better value. I'm pretty sure someone could build a viable high end auction house charging max 10% fees, especially if the bulk of sales are conducted online and they can keep overheads down.
I see No Ball Games hammered at £62000 but price achieved was £83000 on Banksy value . Does this mean forum auctions pocketed £21000 for a disappointing result? I can understand Sotherbys and Christie’s and Bonhams charges for exceptional results but I would be peveed at paying massive fees on results from most of Banksy sales from yesterday’s auction I dont really think you can blame the auctioneer, many records have been set at Forum especially towards the end of last year. The market is correcting due to over supply and becoming over valued, no auctioneer can do anything about that. Forum also didn't take £21k that figure includes VAT (where payable) and ARR. The auction house would receive £15,500 on that hammer price. Edit - I do think art auctioneers fees in general are high relative to transaction fees in other industires. I'm hoping more and more challengers come in to the market and collectors start getting better value. I'm pretty sure someone could build a viable high end auction house charging max 10% fees, especially if the bulk of sales are conducted online and they can keep overheads down. |
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artlife11
New Member
🗨️ 372
👍🏻 239
January 2020
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Forum Auctions • Banksy Marketplace 🇬🇧, by artlife11 on Apr 26, 2021 17:17:56 GMT 1, I dont really think you can blame the auctioneer, many records have been set at Forum especially towards the end of last year. The market is correcting due to over supply and becoming over valued, no auctioneer can do anything about that. Forum also didn't take £21k that figure includes VAT (where payable) and ARR. The auction house would receive £15,500 on that hammer price. Edit - I do think art auctioneers fees in general are high relative to transaction fees in other industires. I'm hoping more and more challengers come in to the market and collectors start getting better value. I'm pretty sure someone could build a viable high end auction house charging max 10% fees, especially if the bulk of sales are conducted online and they can keep overheads down.
Bomb hugger £28000 hammer
Happy choppers £24000 hammer
Be interested to see if this continues in auctions this week but that’s either terrible results or market is harshly correcting
I dont really think you can blame the auctioneer, many records have been set at Forum especially towards the end of last year. The market is correcting due to over supply and becoming over valued, no auctioneer can do anything about that. Forum also didn't take £21k that figure includes VAT (where payable) and ARR. The auction house would receive £15,500 on that hammer price. Edit - I do think art auctioneers fees in general are high relative to transaction fees in other industires. I'm hoping more and more challengers come in to the market and collectors start getting better value. I'm pretty sure someone could build a viable high end auction house charging max 10% fees, especially if the bulk of sales are conducted online and they can keep overheads down. Bomb hugger £28000 hammer Happy choppers £24000 hammer Be interested to see if this continues in auctions this week but that’s either terrible results or market is harshly correcting |
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