JFCC
New Member
๐จ๏ธ 390
๐๐ป 394
May 2020
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Forum Auctions โข Banksy Marketplace ๐ฌ๐ง, by JFCC on Feb 5, 2022 11:20:15 GMT 1, Sorry to be a pedant but neither of the above is right. Here is a simple guide to calculate 'All Up" to Hammer prices I use HP as an expected return to the seller +/- 3% but would expect many to sell without a sellers premium. Buyers Premium is 25% of the Hammer Price up to ยฃ300k plus VAT and 20% of the Hammer Price from ยฃ300k to ยฃ3.0m plus VAT. Therefore up to ยฃ300k the premium is 30%. If you are overseas you will not pay VAT but you almost always will pay an import duty which is sometimes higher than our rate of VAT. Some auction houses charge an extra 1% administration fee as well. ARR is then charged and it is is capped at ยฃ12.5k. It is calculated in Euros and then converted to ยฃ. It is t 4% of the Hammer Price up to โฌ50k, 3% from โฌ50k to โฌ200k, 1% โฌ200k to โฌ350k and 0.5% from โฌ350k to โฌ500k, 0.25% above โฌ500k. All the above is brings the โAll Upโ back to the Hammer Price. I use an average of 34% as it is close enough. The seller then will receive that amount in full, the hammer price, unless there is Sellers premium. With the big 4 Auction houses this can be as high as 8% but normally it will be a less and depending on a number of factors it will be nil. It is not unheard of to get a reverse premium for special pieces and customers. The rate you pay will depend on your tenacity and what you have to sell. So as to confirm that here are the exact words from Forums T&Cs. โWe will charge you a Commission on the sale of any Lot calculated as a percentage of the Hammer Price at the rates set out in the Consignment Agreement (which, for the avoidance of doubt, may be zero).โ So my advice to get a fair view of what a buyer will get is to look at hammer price. The seller of NBG will have got close to ยฃ74k in my view. Sorry if this has bored everyone to sleep!! I think you mean close to ยฃ64K, the Hammer price on the NBG was ยฃ64
Sorry to be a pedant but neither of the above is right. Here is a simple guide to calculate 'All Up" to Hammer prices I use HP as an expected return to the seller +/- 3% but would expect many to sell without a sellers premium. Buyers Premium is 25% of the Hammer Price up to ยฃ300k plus VAT and 20% of the Hammer Price from ยฃ300k to ยฃ3.0m plus VAT. Therefore up to ยฃ300k the premium is 30%. If you are overseas you will not pay VAT but you almost always will pay an import duty which is sometimes higher than our rate of VAT. Some auction houses charge an extra 1% administration fee as well. ARR is then charged and it is is capped at ยฃ12.5k. It is calculated in Euros and then converted to ยฃ. It is t 4% of the Hammer Price up to โฌ50k, 3% from โฌ50k to โฌ200k, 1% โฌ200k to โฌ350k and 0.5% from โฌ350k to โฌ500k, 0.25% above โฌ500k. All the above is brings the โAll Upโ back to the Hammer Price. I use an average of 34% as it is close enough. The seller then will receive that amount in full, the hammer price, unless there is Sellers premium. With the big 4 Auction houses this can be as high as 8% but normally it will be a less and depending on a number of factors it will be nil. It is not unheard of to get a reverse premium for special pieces and customers. The rate you pay will depend on your tenacity and what you have to sell. So as to confirm that here are the exact words from Forums T&Cs. โWe will charge you a Commission on the sale of any Lot calculated as a percentage of the Hammer Price at the rates set out in the Consignment Agreement (which, for the avoidance of doubt, may be zero).โ So my advice to get a fair view of what a buyer will get is to look at hammer price. The seller of NBG will have got close to ยฃ74k in my view. Sorry if this has bored everyone to sleep!! I think you mean close to ยฃ64K, the Hammer price on the NBG was ยฃ64 wow someone read it..and you're correct, I agree and have changed it ๐๐คฆโโ๏ธ |
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tinkicker
New Member
๐จ๏ธ 315
๐๐ป 147
April 2008
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I have been telling everyone for years who I am. Sadly not mine and at that price it never will be, I would love it! |
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STP
New Member
๐จ๏ธ 328
๐๐ป 900
February 2022
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Most likely the late Frank Dunphy, though other Franks are available. |
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'bric
New Member
๐จ๏ธ 197
๐๐ป 50
May 2006
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Forum Auctions โข Banksy Marketplace ๐ฌ๐ง, by 'bric on Mar 5, 2022 14:02:52 GMT 1, I very quickly got to a sellers premium of 0% with forum a while back. No other fees.
I very quickly got to a sellers premium of 0% with forum a while back. No other fees.
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Forum Auctions โข Banksy Marketplace ๐ฌ๐ง, by Daniel Silk on Jun 11, 2022 17:10:55 GMT 1, It's just a couple of days to go now before this special Banksy Only Auction. Does anyone here have a piece going in the auction?
It's just a couple of days to go now before this special Banksy Only Auction. Does anyone here have a piece going in the auction? |
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Forum Auctions โข Banksy Marketplace ๐ฌ๐ง, by Season of Mist on Jun 14, 2022 15:55:42 GMT 1, Well, estimates were not that low actually it seems.
Because either it was passed, or sold at the low estimate..
Well, estimates were not that low actually it seems.
Because either it was passed, or sold at the low estimate..
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Forum Auctions โข Banksy Marketplace ๐ฌ๐ง, by Charlie Bronson on Jun 14, 2022 15:58:00 GMT 1, Well, estimates were not that low actually it seems. Because either it was passed, or sold at the low estimate..
Well, estimates were not that low actually it seems. Because either it was passed, or sold at the low estimate.. The economy, world wide, is on stilts and teetering. Everyone sees whatโs coming. Imho, some great buying opps for those able to do so. That GWRB was a steal(didnโt read the condition report). |
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Dice
Junior Member
๐จ๏ธ 2,234
๐๐ป 1,526
October 2011
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Forum Auctions โข Banksy Marketplace ๐ฌ๐ง, by Dice on Jun 14, 2022 19:36:31 GMT 1, Rubbish hey, letโs see what happens at Phillips tonight blah blah blah blah blah blah blah twenty words is hard
Rubbish hey, letโs see what happens at Phillips tonight blah blah blah blah blah blah blah twenty words is hard
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LJCal
Junior Member
๐จ๏ธ 2,980
๐๐ป 4,523
December 2019
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Forum Auctions โข Banksy Marketplace ๐ฌ๐ง, by LJCal on Jun 15, 2022 2:22:47 GMT 1, These are getting a bit embarrassing now. This is obviously not the time to be selling Banksy prints but if you are desperate for money clearly there are far better avenues than this. Itโs plain that there simply isnโt the demand to justify a monthly exclusive Banksy sale.
These are getting a bit embarrassing now. This is obviously not the time to be selling Banksy prints but if you are desperate for money clearly there are far better avenues than this. Itโs plain that there simply isnโt the demand to justify a monthly exclusive Banksy sale.
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more
New Member
๐จ๏ธ 26
๐๐ป 11
June 2022
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Forum Auctions โข Banksy Marketplace ๐ฌ๐ง, by more on Jun 15, 2022 3:26:13 GMT 1, www.forumauctions.co.uk/Only-Banksy/14-06-2022
This is the link for the full results auction hammered yesterday. 6 lots were unsold during this auction.
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Forum Auctions โข Banksy Marketplace ๐ฌ๐ง, by Daniel Silk on Jun 15, 2022 3:33:32 GMT 1, Must have been high reserves. I guess most people are looking at previous sales and wanting the highest or even more! Maybe it was sellers who weren't really serious in selling but we're willing to give it a try if they were going to set an auction record price โบ๏ธ
Must have been high reserves. I guess most people are looking at previous sales and wanting the highest or even more! Maybe it was sellers who weren't really serious in selling but we're willing to give it a try if they were going to set an auction record price โบ๏ธ
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JFCC
New Member
๐จ๏ธ 390
๐๐ป 394
May 2020
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Forum Auctions โข Banksy Marketplace ๐ฌ๐ง, by JFCC on Jun 15, 2022 10:15:28 GMT 1, The format is tiredโฆitโs been overdone and there isnโt the interest. Forum didnโt spot that you can have too much of a good thing. Tone deaf to the market place which is soft, not just Banksy but in every part of the investment market. If you are a seller avoid like the plague and try and sell privately or through a gallery.
The format is tiredโฆitโs been overdone and there isnโt the interest. Forum didnโt spot that you can have too much of a good thing. Tone deaf to the market place which is soft, not just Banksy but in every part of the investment market. If you are a seller avoid like the plague and try and sell privately or through a gallery.
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bob60
New Member
๐จ๏ธ 238
๐๐ป 152
May 2014
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Forum Auctions โข Banksy Marketplace ๐ฌ๐ง, by bob60 on Jun 15, 2022 14:17:44 GMT 1, Can I please ask a question, why is ebay mentioned in brackets every time an artist is mentioned. I have never noticed this before so it must be new.
Can I please ask a question, why is ebay mentioned in brackets every time an artist is mentioned. I have never noticed this before so it must be new.
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brookvale
New Member
๐จ๏ธ 327
๐๐ป 142
January 2013
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Forum Auctions โข Banksy Marketplace ๐ฌ๐ง, by brookvale on Sept 1, 2022 6:58:52 GMT 1, These forum banksy only auctions are like LIV golf. Are the damaging the market ? I personally donโt like it
These forum banksy only auctions are like LIV golf. Are the damaging the market ? I personally donโt like it
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Georgie Poppit
Junior Member
๐จ๏ธ 1,558
๐๐ป 1,674
February 2021
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Forum Auctions โข Banksy Marketplace ๐ฌ๐ง, by Georgie Poppit on Sept 1, 2022 8:20:09 GMT 1, The low estimates are too high on quite a few and just means theyโre likely to pass. Starting a CYW on ยฃ100k bearing in mind the buyers premium will be added is just madness. Letโs see.
The low estimates are too high on quite a few and just means theyโre likely to pass. Starting a CYW on ยฃ100k bearing in mind the buyers premium will be added is just madness. Letโs see.
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Forum Auctions โข Banksy Marketplace ๐ฌ๐ง, by The Italian One on Sept 1, 2022 15:23:11 GMT 1, most of the prints was in very poor conditions
really tempted on the HMV at 15k
most of the prints was in very poor conditions
really tempted on the HMV at 15k
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Forum Auctions โข Banksy Marketplace ๐ฌ๐ง, by New Wave Dave on Sept 1, 2022 16:38:47 GMT 1, Why do they have a 'born in '74' date for Banksy? Has there been a consensus on who the individual is that I missed??
Why do they have a 'born in '74' date for Banksy? Has there been a consensus on who the individual is that I missed??
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Winter
Junior Member
๐จ๏ธ 7,155
๐๐ป 4,461
March 2007
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Forum Auctions โข Banksy Marketplace ๐ฌ๐ง, by Winter on Sept 1, 2022 16:42:29 GMT 1, The Grin Reaper did ok, looks like his print market still has a way to go but I'm sure it will bounce back
The Grin Reaper did ok, looks like his print market still has a way to go but I'm sure it will bounce back
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Minecrafter
New Member
๐จ๏ธ 389
๐๐ป 125
October 2021
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Forum Auctions โข Banksy Marketplace ๐ฌ๐ง, by Minecrafter on Sept 1, 2022 17:00:20 GMT 1, most of the prints was in very poor conditions really tempted on the HMV at 15k
All in all very poor results - again.
most of the prints was in very poor conditions really tempted on the HMV at 15k Where did you get this information from ? I didn't read anywhere that they were in poor condition? All in all very poor results - again. |
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Forum Auctions โข Banksy Marketplace ๐ฌ๐ง, by High Contrast on Sept 1, 2022 17:09:28 GMT 1, most of the prints was in very poor conditions really tempted on the HMV at 15k Where did you get this information from ? I didn't read anywhere that they were in poor condition? All in all very poor results - again.
they all seemed in ok condition to me
15 word rule
most of the prints was in very poor conditions really tempted on the HMV at 15k Where did you get this information from ? I didn't read anywhere that they were in poor condition? All in all very poor results - again. They all seemed in ok condition to me they all seemed in ok condition to me 15 word rule |
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Minecrafter
New Member
๐จ๏ธ 389
๐๐ป 125
October 2021
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Forum Auctions โข Banksy Marketplace ๐ฌ๐ง, by Minecrafter on Sept 1, 2022 17:42:10 GMT 1, Where did you get this information from ? I didn't read anywhere that they were in poor condition? All in all very poor results - again. They all seemed in ok condition to me they all seemed in ok condition to me 15 word rule
Where did you get this information from ? I didn't read anywhere that they were in poor condition? All in all very poor results - again. They all seemed in ok condition to me they all seemed in ok condition to me 15 word rule Absolutely agree. Don't know where the "bad condition"- thing comes from again. Seems like it's always an excuse for poor results . |
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bookends
New Member
๐จ๏ธ 374
๐๐ป 465
May 2022
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Forum Auctions โข Banksy Marketplace ๐ฌ๐ง, by bookends on Sept 1, 2022 19:17:03 GMT 1, The low estimates are too high on quite a few and just means theyโre likely to pass. Starting a CYW on ยฃ100k bearing in mind the buyers premium will be added is just madness. Letโs see.
I only wanted to write SOLD but need more words
The low estimates are too high on quite a few and just means theyโre likely to pass. Starting a CYW on ยฃ100k bearing in mind the buyers premium will be added is just madness. Letโs see. SOLD !! Hammer price 105k + premium + ARR I only wanted to write SOLD but need more words |
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Forum Auctions โข Banksy Marketplace ๐ฌ๐ง, by The Italian One on Sept 2, 2022 7:51:25 GMT 1, They all seemed in ok condition to me they all seemed in ok condition to me 15 word rule Absolutely agree. Don't know where the "bad condition"- thing comes from again. Seems like it's always an excuse for poor results .
I did!
I wouldn't pay 5 k for a print in this conditions (can't post detailed photos) but believe me conditions were very bad at least on PF and trolley.. and that is just the worst 2!
"Lot 10 โ Pulp Fiction
Minor horizontal creasing in the centre of the sheet along the arm-line in both subjects, associated with previous rolling, mostly visible verso but apparent recto. Occasional very soft handling creases in places in the margins, visible in high raking light. The colours bright. The corners sharp. Images"
"Lot 14 โ Trolleys (Colour) (Signed)
In fine, fresh condition. The colours bright. Hinged to the mount at sheet edges at intervals verso, slightly visible in raking light recto. Images"
They all seemed in ok condition to me they all seemed in ok condition to me 15 word rule Absolutely agree. Don't know where the "bad condition"- thing comes from again. Seems like it's always an excuse for poor results . did you guys see the conditions report with detailed photos? I did! I wouldn't pay 5 k for a print in this conditions (can't post detailed photos) but believe me conditions were very bad at least on PF and trolley.. and that is just the worst 2! "Lot 10 โ Pulp Fiction Minor horizontal creasing in the centre of the sheet along the arm-line in both subjects, associated with previous rolling, mostly visible verso but apparent recto. Occasional very soft handling creases in places in the margins, visible in high raking light. The colours bright. The corners sharp. Images" "Lot 14 โ Trolleys (Colour) (Signed) In fine, fresh condition. The colours bright. Hinged to the mount at sheet edges at intervals verso, slightly visible in raking light recto. Images" |
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Forum Auctions โข Banksy Marketplace ๐ฌ๐ง, by High Contrast on Sept 2, 2022 7:59:27 GMT 1, Absolutely agree. Don't know where the "bad condition"- thing comes from again. Seems like it's always an excuse for poor results . did you guys see the conditions report with detailed photos? I did! I wouldn't pay 5 k for a print in this conditions (can't post detailed photos) but believe me conditions were very bad at least on PF and trolley.. and that is just the worst 2! "Lot 10 โ Pulp Fiction Minor horizontal creasing in the centre of the sheet along the arm-line in both subjects, associated with previous rolling, mostly visible verso but apparent recto. Occasional very soft handling creases in places in the margins, visible in high raking light. The colours bright. The corners sharp. Images" "Lot 14 โ Trolleys (Colour) (Signed) In fine, fresh condition. The colours bright. Hinged to the mount at sheet edges at intervals verso, slightly visible in raking light recto. Images"
youโd be surprised what a good conservator can do these days.
Absolutely agree. Don't know where the "bad condition"- thing comes from again. Seems like it's always an excuse for poor results . did you guys see the conditions report with detailed photos? I did! I wouldn't pay 5 k for a print in this conditions (can't post detailed photos) but believe me conditions were very bad at least on PF and trolley.. and that is just the worst 2! "Lot 10 โ Pulp Fiction Minor horizontal creasing in the centre of the sheet along the arm-line in both subjects, associated with previous rolling, mostly visible verso but apparent recto. Occasional very soft handling creases in places in the margins, visible in high raking light. The colours bright. The corners sharp. Images" "Lot 14 โ Trolleys (Colour) (Signed) In fine, fresh condition. The colours bright. Hinged to the mount at sheet edges at intervals verso, slightly visible in raking light recto. Images" Maybe youโre reading into these different to me but - like I said before, the condition seemed ok. I wouldnโt say either of these are bad at all if Iโm honest. youโd be surprised what a good conservator can do these days. |
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Forum Auctions โข Banksy Marketplace ๐ฌ๐ง, by The Italian One on Sept 2, 2022 8:11:18 GMT 1, did you guys see the conditions report with detailed photos? I did! I wouldn't pay 5 k for a print in this conditions (can't post detailed photos) but believe me conditions were very bad at least on PF and trolley.. and that is just the worst 2! "Lot 10 โ Pulp Fiction Minor horizontal creasing in the centre of the sheet along the arm-line in both subjects, associated with previous rolling, mostly visible verso but apparent recto. Occasional very soft handling creases in places in the margins, visible in high raking light. The colours bright. The corners sharp. Images" "Lot 14 โ Trolleys (Colour) (Signed) In fine, fresh condition. The colours bright. Hinged to the mount at sheet edges at intervals verso, slightly visible in raking light recto. Images" Maybe youโre reading into these different to me but - like I said before, the condition seemed ok. I wouldnโt say either of these are bad at all if Iโm honest. youโd be surprised what a good conservator can do these days.
Please first check the damage than you can say "condition seemmed ok" 'm sure you wouldn't say that
I know exactly what a good conservator can do... but may be you know also that you can never know how good a restoration can be until the work is done.
in fact it did not sell!
did you guys see the conditions report with detailed photos? I did! I wouldn't pay 5 k for a print in this conditions (can't post detailed photos) but believe me conditions were very bad at least on PF and trolley.. and that is just the worst 2! "Lot 10 โ Pulp Fiction Minor horizontal creasing in the centre of the sheet along the arm-line in both subjects, associated with previous rolling, mostly visible verso but apparent recto. Occasional very soft handling creases in places in the margins, visible in high raking light. The colours bright. The corners sharp. Images" "Lot 14 โ Trolleys (Colour) (Signed) In fine, fresh condition. The colours bright. Hinged to the mount at sheet edges at intervals verso, slightly visible in raking light recto. Images" Maybe youโre reading into these different to me but - like I said before, the condition seemed ok. I wouldnโt say either of these are bad at all if Iโm honest. youโd be surprised what a good conservator can do these days. Please first check the damage than you can say "condition seemmed ok" 'm sure you wouldn't say that I know exactly what a good conservator can do... but may be you know also that you can never know how good a restoration can be until the work is done. in fact it did not sell! |
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partart
New Member
๐จ๏ธ 107
๐๐ป 14
February 2021
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Forum Auctions โข Banksy Marketplace ๐ฌ๐ง, by partart on Oct 12, 2022 19:43:08 GMT 1, Forum Auctions Editions and Works on Paper 1500-2022 catalogue is up, live bidding starting Tuesday 18th October 2022 1:00pm BST.
Unfortunately no Pejac's to remortgage your house for, but a couple of nice pieces. Interesting to see how their 'regular' auction goes after some pretty weak Banksy ones recently.
www.forumauctions.co.uk/Editions-and-Works-on-Paper/18-10-2022?gridtype=listview
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