Your not wrong mate
I wouldn’t dare send it for framing atm

everybody believes the authenticity, the issue with the banksquiat is

liquidity: if you need to sell it in less than two years time you are stuck, because who would buy from a seller, who himself had an agreement with another seller to release COA in due time...it is a nightmare. 

in addition to hold up with the original seller. 

Did you all leave it & come back to the framer ? I feel you need to stay with it the whole time, no?

👀, first time framing ? Just check it is a reputable framing business , with good references , insured to cover work , can be 1-2weeks with the framer

www.gov.uk/get-information-about-a-company

But on gdp it clearly states that the coa goes to the original lottery buyer
If it were as you describe it, there was no point in a two year lag for the coa, that would be useless against flippers.

Look at how many sales ends v2s Were sold pre coa and no horror stories yet to surface , the prices the sales ends sold pre coa and after Coa issues , the difference in price was what all signed prints went up by in a two year period , Consumers causing hype and marketing Plays a part

What insurance companies have you all been using & coverages up to what? Appraisal required ?

Saw someone mention chubb....any others?

You need to insure each print individually ?
My Insurance just covers each object in the house upto 200K an item....
Just a standard Insurance too.

Happy you figured this out. Crazy that it sat this long with no movement.


LOTTO WINNERS: CHECK YOUR SPAM FOLDER!! My delivery email hit spam originally also! 

I think the black background works very well.

I was able to source one of these in the last week - certainly some risk but had a solicitor draw up a contractual agreement around the COA signed by both parties which gives some peace of mind.

Wish I had won it for 500 but pretty happy to add it to the collection. Funny reading through posts on here about valuation, it's kind of like reading through posts 10 years ago about what people paid for x,y, z print at the time. Basically people just throwing out numbers. As a few have said, the value is what a buyer (or me haha) will pay and what a seller will accept. Until this print comes up at auction, a lot of it will just be speculation.

The comparison to Sale Ends v2 is interesting, but at least for me, not an image I would want on my wall and being the second version to be released of a print dings its appeal to collectors. I don't think all of the sudden Basquiat collectors are going to be out-bidding each other for this print and I think eventually it sits at the Choose Your Weapon level but who knows.

Congratulation,
at this point can you tell us how much did you pay?

the answer everybody would like to know but afraid to ask

I’d be interested in sourcing one of these but curious what sort of assurances and penalties you got in your contract to make you feel comfortable.

I am an attorney in the US, and the escrow (of a significant amount of the purchase price) idea is the one I keep coming back to. Unfortunately, the sellers of the few available prints I've found don't seem too receptive to the idea.

My big concerns are 1) a seller watching the market, realizing two years from now that the print has skyrocketed in value, and trying to use the COA as leverage to just refund your money and cancel the whole deal and 2) a seller dying.