irl1
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Banksy Basquiat Print, Gross Domestic Product™, by irl1 on May 14, 2020 20:34:38 GMT 1, Banksquiat will be holly grail of Banksy print collection. I’ve heard rumours from some serious galleries that chinese collectors are willing to pay more than 160000£ for a print wirh COA
Oh man just put yours up for sale and be done with all this s**t
Banksquiat will be holly grail of Banksy print collection. I’ve heard rumours from some serious galleries that chinese collectors are willing to pay more than 160000£ for a print wirh COA Oh man just put yours up for sale and be done with all this s**t |
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Ruggs
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Banksy Basquiat Print, Gross Domestic Product™, by Ruggs on May 14, 2020 20:40:46 GMT 1, Banksquiat will be holly grail of Banksy print collection. I’ve heard rumours from some serious galleries that chinese collectors are willing to pay more than 160000£ for a print wirh COA
Won’t happen for at least two years.
Banksquiat will be holly grail of Banksy print collection. I’ve heard rumours from some serious galleries that chinese collectors are willing to pay more than 160000£ for a print wirh COA Won’t happen for at least two years. |
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Banksy Basquiat Print, Gross Domestic Product™, by sirarthur on May 14, 2020 21:00:28 GMT 1, Banksquiat will be holly grail of Banksy print collection. I’ve heard rumours from some serious galleries that chinese collectors are willing to pay more than 160000£ for a print wirh COA Oh man just put yours up for sale and be done with all this s**t
I wish if i had one
Banksquiat will be holly grail of Banksy print collection. I’ve heard rumours from some serious galleries that chinese collectors are willing to pay more than 160000£ for a print wirh COA Oh man just put yours up for sale and be done with all this s**t I wish if i had one |
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Banksy Basquiat Print, Gross Domestic Product™, by Extra Ball on May 14, 2020 21:28:35 GMT 1, Banksquiat will be holly grail of Banksy print collection. I’ve heard rumours from some serious galleries that chinese collectors are willing to pay more than 160000£ for a print wirh COA
Banksquiat will be holly grail of Banksy print collection. I’ve heard rumours from some serious galleries that chinese collectors are willing to pay more than 160000£ for a print wirh COA I offer you triple if you stop telling bul****t |
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shy
Junior Member
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June 2018
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Banksy Basquiat Print, Gross Domestic Product™, by shy on May 14, 2020 21:40:38 GMT 1, Banksquiat will be holly grail of Banksy print collection. I’ve heard rumours from some serious galleries that chinese collectors are willing to pay more than 160000£ for a print wirh COA
Only POSTERBOB knows what is real....
Banksquiat will be holly grail of Banksy print collection. I’ve heard rumours from some serious galleries that chinese collectors are willing to pay more than 160000£ for a print wirh COA We need to ask POSTERBOB for his opinion! Only POSTERBOB knows what is real.... |
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teabaggins
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November 2018
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Banksy Basquiat Print, Gross Domestic Product™, by teabaggins on May 14, 2020 21:50:39 GMT 1, Banksquiat will be holly grail of Banksy print collection. I’ve heard rumours from some serious galleries that chinese collectors are willing to pay more than 160000£ for a print wirh COA We need to ask POSTERBOB for his opinion! Only POSTERBOB knows what is real....
Its like you are talking to yourself ... 🤔🤭
Banksquiat will be holly grail of Banksy print collection. I’ve heard rumours from some serious galleries that chinese collectors are willing to pay more than 160000£ for a print wirh COA We need to ask POSTERBOB for his opinion! Only POSTERBOB knows what is real.... Its like you are talking to yourself ... 🤔🤭 |
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Woodey1001
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September 2014
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Banksy Basquiat Print, Gross Domestic Product™, by Woodey1001 on May 14, 2020 21:58:58 GMT 1, This is undoubtedly the second ugliest Banksy print, after the staff one from Dismaland.
This is undoubtedly the second ugliest Banksy print, after the staff one from Dismaland.
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Dice
Junior Member
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October 2011
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Banksy Basquiat Print, Gross Domestic Product™, by Dice on May 14, 2020 22:05:26 GMT 1, This is undoubtedly the second ugliest Banksy print, after the staff one from Dismaland.
Yes definitely not pretty!
This is undoubtedly the second ugliest Banksy print, after the staff one from Dismaland. Yes definitely not pretty! |
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Knowss
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November 2019
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Banksy Basquiat Print, Gross Domestic Product™, by Knowss on May 14, 2020 22:19:57 GMT 1, This is undoubtedly the second ugliest Banksy print, after the staff one from Dismaland.
🤡
This is undoubtedly the second ugliest Banksy print, after the staff one from Dismaland. 🤡 |
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shy
Junior Member
🗨️ 1,590
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Banksy Basquiat Print, Gross Domestic Product™, by shy on May 14, 2020 23:16:56 GMT 1, Naw one of Banksy's best!
Rock 'n Roll baby!!!!
PS Wish I had one! 
Naw one of Banksy's best! Rock 'n Roll baby!!!! PS Wish I had one! |
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Banksy Basquiat Print, Gross Domestic Product™, by Coach on May 14, 2020 23:40:17 GMT 1, Naw one of Banksy's best! Rock 'n Roll baby!!!! PS Wish I had one!
I think it’s a fabulous print too. And I wish I was lucky too.
But the blatant hyping of the value of this print by a few is so transparent that it’s probably having the opposite of the intended effect. It’s undoubtedly a valuable print, worth much more than owners paid for it; perhaps they should be content with that?
Naw one of Banksy's best! Rock 'n Roll baby!!!! PS Wish I had one! I think it’s a fabulous print too. And I wish I was lucky too. But the blatant hyping of the value of this print by a few is so transparent that it’s probably having the opposite of the intended effect. It’s undoubtedly a valuable print, worth much more than owners paid for it; perhaps they should be content with that? |
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Banksy Basquiat Print, Gross Domestic Product™, by Coach on May 15, 2020 0:34:07 GMT 1, I think it’s a fabulous print too. And I wish I was lucky too. But the blatant hyping of the value of this print by a few is so transparent that it’s probably having the opposite of the intended effect. It’s undoubtedly a valuable print, worth much more than owners paid for it; perhaps they should be content with that? Banksyquiat is a good print but it was given to many people who hadn't collected Banksy before, they got lucky but are having a hard time that without a COA this is a very difficult print to sell unless they are realistic about price but many think they have found the Marlborough diamond. Far too much downside to buying this print currently and the buyer taking on a lot of risk. No thanks.
I’m not sure I agree with “hard time”! But I take your point.
I think it’s a fabulous print too. And I wish I was lucky too. But the blatant hyping of the value of this print by a few is so transparent that it’s probably having the opposite of the intended effect. It’s undoubtedly a valuable print, worth much more than owners paid for it; perhaps they should be content with that? Banksyquiat is a good print but it was given to many people who hadn't collected Banksy before, they got lucky but are having a hard time that without a COA this is a very difficult print to sell unless they are realistic about price but many think they have found the Marlborough diamond. Far too much downside to buying this print currently and the buyer taking on a lot of risk. No thanks. I’m not sure I agree with “hard time”! But I take your point. |
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amnasia
New Member
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October 2019
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Banksy Basquiat Print, Gross Domestic Product™, by amnasia on May 15, 2020 1:04:43 GMT 1, Banksquiat will be holly grail of Banksy print collection. I’ve heard rumours from some serious galleries that chinese collectors are willing to pay more than 160000£ for a print wirh COA
You are unbearable, really.
Banksquiat will be holly grail of Banksy print collection. I’ve heard rumours from some serious galleries that chinese collectors are willing to pay more than 160000£ for a print wirh COA You are unbearable, really. |
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tab1
Full Member
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September 2011
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Banksy Basquiat Print, Gross Domestic Product™, by tab1 on May 15, 2020 1:13:48 GMT 1, I think it’s a fabulous print too. And I wish I was lucky too. But the blatant hyping of the value of this print by a few is so transparent that it’s probably having the opposite of the intended effect. It’s undoubtedly a valuable print, worth much more than owners paid for it; perhaps they should be content with that? Banksyquiat is a good print but it was given to many people who hadn't collected Banksy before, they got lucky but are having a hard time that without a COA this is a very difficult print to sell unless they are realistic about price but many think they have found the Marlborough diamond. Far too much downside to buying this print currently and the buyer taking on a lot of risk. No thanks.
Sales already £40-50k so for a £500 outlay I would not complain
Who knows now with the global downturn what the banksy print market will be like in two years ?!previously you could guarantee a substantial rise year on year!
I think it’s a fabulous print too. And I wish I was lucky too. But the blatant hyping of the value of this print by a few is so transparent that it’s probably having the opposite of the intended effect. It’s undoubtedly a valuable print, worth much more than owners paid for it; perhaps they should be content with that? Banksyquiat is a good print but it was given to many people who hadn't collected Banksy before, they got lucky but are having a hard time that without a COA this is a very difficult print to sell unless they are realistic about price but many think they have found the Marlborough diamond. Far too much downside to buying this print currently and the buyer taking on a lot of risk. No thanks. Sales already £40-50k so for a £500 outlay I would not complain Who knows now with the global downturn what the banksy print market will be like in two years ?!previously you could guarantee a substantial rise year on year! |
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Banksy Basquiat Print, Gross Domestic Product™, by andypandy on May 15, 2020 1:53:41 GMT 1, It’s interesting to read the various discussions and opinions about how much these are worth / what they will be worth etc etc.
So what actually is a realistic price then....?
It could be just as realistic to say that these are worth £25k as it is to say they are worth £60k. Right now there is no price. Out of the (lucky) few who have been fortunate enough to buy one, I would suggest that they’ve mostly paid under £25k. (I don’t mean the ones who won the lottery)
We may need to wait 2-3 years before we start seeing them at £60-£70k. Yes, it’s been shared that some collectors are/ may be willing to pay possibly even more than this amount. But don’t people tend to want what they think they can’t have? This is what makes the world of the supply/demand markets go round. Once enough people are talking in telephone numbers, the price tends to go up a couple of grand every few weeks.
We aren’t going to see these at auction anytime soon. Surely no reputable Gallery would want to be openly offering one out for sale and anyone who did would certainly need to be super careful. It seems to be somewhat “under the radar/cloak and dagger” which isn’t surprising as It’s very high risk for both the buyers and the sellers..
Reading the GDP terms of sale, it seems that they are able to at any point (even after delivery) retract their offer of sale or cancel the sale if they feel that the contract has been broken. Part of the contract of sale could be the future issuing of a COA. Therefore, would that suggest that if a contract were broken by a purchaser, that PC could then mark a certain print number from the edition by way of non-issuance of COA which would then decrease its resale-able value considerably (deeming it almost worthless)?
If I personally knew the owner of the print and I felt comfortable enough that I would have no issues whatsoever of obtaining the COA from them (or their family) in 2 years time then I suppose I would be looking at paying £30-£40k for a Black one. (I really like the Black one! 😂). That’s what I would feel comfortable with. We are still talking about a print that was released only 7 months ago, aren’t we.
I guess it’s always gonna come down to whatever someone is willing to pay. Maybe there is a buyer that’s bitten the bullet at silly money who wishes that they’d waited a bit longer just as there may be a seller who’s sold one at what they now consider to be too cheap who also wishes that they’d waited a bit longer....but considering all of the stipulations around issuance of the COA’s along with the risks involved regarding the GDP/PC Terms of sale and of course having to most probably deal via an intermediary/broker. And on top of that having to potentially get lawyer/solicitor involved. It does seem rather messy and may be more aggravation than it’s worth for potential buyers right now.
£60-£70k....yes I’m pretty sure we will see them sell at this price in a few years time. But they won’t be selling for £180k, that’s just not gonna happen.
It’s interesting to read the various discussions and opinions about how much these are worth / what they will be worth etc etc.
So what actually is a realistic price then....?
It could be just as realistic to say that these are worth £25k as it is to say they are worth £60k. Right now there is no price. Out of the (lucky) few who have been fortunate enough to buy one, I would suggest that they’ve mostly paid under £25k. (I don’t mean the ones who won the lottery)
We may need to wait 2-3 years before we start seeing them at £60-£70k. Yes, it’s been shared that some collectors are/ may be willing to pay possibly even more than this amount. But don’t people tend to want what they think they can’t have? This is what makes the world of the supply/demand markets go round. Once enough people are talking in telephone numbers, the price tends to go up a couple of grand every few weeks.
We aren’t going to see these at auction anytime soon. Surely no reputable Gallery would want to be openly offering one out for sale and anyone who did would certainly need to be super careful. It seems to be somewhat “under the radar/cloak and dagger” which isn’t surprising as It’s very high risk for both the buyers and the sellers..
Reading the GDP terms of sale, it seems that they are able to at any point (even after delivery) retract their offer of sale or cancel the sale if they feel that the contract has been broken. Part of the contract of sale could be the future issuing of a COA. Therefore, would that suggest that if a contract were broken by a purchaser, that PC could then mark a certain print number from the edition by way of non-issuance of COA which would then decrease its resale-able value considerably (deeming it almost worthless)?
If I personally knew the owner of the print and I felt comfortable enough that I would have no issues whatsoever of obtaining the COA from them (or their family) in 2 years time then I suppose I would be looking at paying £30-£40k for a Black one. (I really like the Black one! 😂). That’s what I would feel comfortable with. We are still talking about a print that was released only 7 months ago, aren’t we.
I guess it’s always gonna come down to whatever someone is willing to pay. Maybe there is a buyer that’s bitten the bullet at silly money who wishes that they’d waited a bit longer just as there may be a seller who’s sold one at what they now consider to be too cheap who also wishes that they’d waited a bit longer....but considering all of the stipulations around issuance of the COA’s along with the risks involved regarding the GDP/PC Terms of sale and of course having to most probably deal via an intermediary/broker. And on top of that having to potentially get lawyer/solicitor involved. It does seem rather messy and may be more aggravation than it’s worth for potential buyers right now.
£60-£70k....yes I’m pretty sure we will see them sell at this price in a few years time. But they won’t be selling for £180k, that’s just not gonna happen.
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ca
Junior Member
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March 2011
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Banksy Basquiat Print, Gross Domestic Product™, by ca on May 15, 2020 5:08:25 GMT 1, If anyone is selling around 25k, message me 
If anyone is selling around 25k, message me good luck |
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Knowss
New Member
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November 2019
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Banksy Basquiat Print, Gross Domestic Product™, by Knowss on May 15, 2020 5:16:53 GMT 1, Seems like the ones who own one are quoting it ridiculously high. And the others who didn't win or hope to buy one some day are quoting it lower and talking down on it. At the end of the day it is worth what someone is willing to pay for it. All these predictions are pointless.
Seems like the ones who own one are quoting it ridiculously high. And the others who didn't win or hope to buy one some day are quoting it lower and talking down on it. At the end of the day it is worth what someone is willing to pay for it. All these predictions are pointless.
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eschiff
Junior Member
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January 2010
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Banksy Basquiat Print, Gross Domestic Product™, by eschiff on May 15, 2020 7:01:57 GMT 1, Just as the Banksy painting at the Barbican was based on Basquiat's Boy and Dog ... I think the print is a nod to the Ferris Wheel that Basquiat designed for Andre Heller's amusement park/art museum Luna Luna which inspired Dismaland and the use of the crowns is ironic as they act as a visual cliche identifying Basquiat. Excuse the quality of the photos taken from the book
Front View
Back View
Always fun reading price speculation 🙄
More fun is learning about art. This was a great post I originally missed. Learning about Luna Luna was fascinating. Banksquiat seems a nod to Basquiat's entry to Luna Luna.
Perhaps the inspiration for Dismaland as well?
www.minniemuse.com/articles/musings/luna-luna
Just as the Banksy painting at the Barbican was based on Basquiat's Boy and Dog ... I think the print is a nod to the Ferris Wheel that Basquiat designed for Andre Heller's amusement park/art museum Luna Luna which inspired Dismaland and the use of the crowns is ironic as they act as a visual cliche identifying Basquiat. Excuse the quality of the photos taken from the book
Front View
Back View
Always fun reading price speculation 🙄 More fun is learning about art. This was a great post I originally missed. Learning about Luna Luna was fascinating. Banksquiat seems a nod to Basquiat's entry to Luna Luna. Perhaps the inspiration for Dismaland as well? www.minniemuse.com/articles/musings/luna-luna |
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Banksy Basquiat Print, Gross Domestic Product™, by The Italian One on May 15, 2020 7:23:25 GMT 1, It’s interesting to read the various discussions and opinions about how much these are worth / what they will be worth etc etc. So what actually is a realistic price then....? It could be just as realistic to say that these are worth £25k as it is to say they are worth £60k. Right now there is no price. Out of the (lucky) few who have been fortunate enough to buy one, I would suggest that they’ve mostly paid under £25k. (I don’t mean the ones who won the lottery) We may need to wait 2-3 years before we start seeing them at £60-£70k. Yes, it’s been shared that some collectors are/ may be willing to pay possibly even more than this amount. But don’t people tend to want what they think they can’t have? This is what makes the world of the supply/demand markets go round. Once enough people are talking in telephone numbers, the price tends to go up a couple of grand every few weeks. We aren’t going to see these at auction anytime soon. Surely no reputable Gallery would want to be openly offering one out for sale and anyone who did would certainly need to be super careful. It seems to be somewhat “under the radar/cloak and dagger” which isn’t surprising as It’s very high risk for both the buyers and the sellers.. Reading the GDP terms of sale, it seems that they are able to at any point (even after delivery) retract their offer of sale or cancel the sale if they feel that the contract has been broken. Part of the contract of sale could be the future issuing of a COA. Therefore, would that suggest that if a contract were broken by a purchaser, that PC could then mark a certain print number from the edition by way of non-issuance of COA which would then decrease its resale-able value considerably (deeming it almost worthless)? If I personally knew the owner of the print and I felt comfortable enough that I would have no issues whatsoever of obtaining the COA from them (or their family) in 2 years time then I suppose I would be looking at paying £30-£40k for a Black one. (I really like the Black one! 😂). That’s what I would feel comfortable with. We are still talking about a print that was released only 7 months ago, aren’t we. I guess it’s always gonna come down to whatever someone is willing to pay. Maybe there is a buyer that’s bitten the bullet at silly money who wishes that they’d waited a bit longer just as there may be a seller who’s sold one at what they now consider to be too cheap who also wishes that they’d waited a bit longer....but considering all of the stipulations around issuance of the COA’s along with the risks involved regarding the GDP/PC Terms of sale and of course having to most probably deal via an intermediary/broker. And on top of that having to potentially get lawyer/solicitor involved. It does seem rather messy and may be more aggravation than it’s worth for potential buyers right now. £60-£70k....yes I’m pretty sure we will see them sell at this price in a few years time. But they won’t be selling for £180k, that’s just not gonna happen.
Next question that nobody mentioned is how many went for sale on lottery.
50% may be less?
It’s interesting to read the various discussions and opinions about how much these are worth / what they will be worth etc etc. So what actually is a realistic price then....? It could be just as realistic to say that these are worth £25k as it is to say they are worth £60k. Right now there is no price. Out of the (lucky) few who have been fortunate enough to buy one, I would suggest that they’ve mostly paid under £25k. (I don’t mean the ones who won the lottery) We may need to wait 2-3 years before we start seeing them at £60-£70k. Yes, it’s been shared that some collectors are/ may be willing to pay possibly even more than this amount. But don’t people tend to want what they think they can’t have? This is what makes the world of the supply/demand markets go round. Once enough people are talking in telephone numbers, the price tends to go up a couple of grand every few weeks. We aren’t going to see these at auction anytime soon. Surely no reputable Gallery would want to be openly offering one out for sale and anyone who did would certainly need to be super careful. It seems to be somewhat “under the radar/cloak and dagger” which isn’t surprising as It’s very high risk for both the buyers and the sellers.. Reading the GDP terms of sale, it seems that they are able to at any point (even after delivery) retract their offer of sale or cancel the sale if they feel that the contract has been broken. Part of the contract of sale could be the future issuing of a COA. Therefore, would that suggest that if a contract were broken by a purchaser, that PC could then mark a certain print number from the edition by way of non-issuance of COA which would then decrease its resale-able value considerably (deeming it almost worthless)? If I personally knew the owner of the print and I felt comfortable enough that I would have no issues whatsoever of obtaining the COA from them (or their family) in 2 years time then I suppose I would be looking at paying £30-£40k for a Black one. (I really like the Black one! 😂). That’s what I would feel comfortable with. We are still talking about a print that was released only 7 months ago, aren’t we. I guess it’s always gonna come down to whatever someone is willing to pay. Maybe there is a buyer that’s bitten the bullet at silly money who wishes that they’d waited a bit longer just as there may be a seller who’s sold one at what they now consider to be too cheap who also wishes that they’d waited a bit longer....but considering all of the stipulations around issuance of the COA’s along with the risks involved regarding the GDP/PC Terms of sale and of course having to most probably deal via an intermediary/broker. And on top of that having to potentially get lawyer/solicitor involved. It does seem rather messy and may be more aggravation than it’s worth for potential buyers right now. £60-£70k....yes I’m pretty sure we will see them sell at this price in a few years time. But they won’t be selling for £180k, that’s just not gonna happen. that is a clever review, Next question that nobody mentioned is how many went for sale on lottery. 50% may be less? |
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Banksy Basquiat Print, Gross Domestic Product™, by sirarthur on May 15, 2020 8:18:22 GMT 1, Banksyquiat is a good print but it was given to many people who hadn't collected Banksy before, they got lucky but are having a hard time that without a COA this is a very difficult print to sell unless they are realistic about price but many think they have found the Marlborough diamond. Far too much downside to buying this print currently and the buyer taking on a lot of risk. No thanks. Sales already £40-50k so for a £500 outlay I would not complain Who knows now with the global downturn what the banksy print market will be like in two years ?!previously you could guarantee a substantial rise year on year!
Prints are worth now at least 80000£ without COA and with coa price will risw to 130000£. Those who care only about money, Banksy will make a gift and ask to take a photoshoot with their banksquiat before sending COA
Banksyquiat is a good print but it was given to many people who hadn't collected Banksy before, they got lucky but are having a hard time that without a COA this is a very difficult print to sell unless they are realistic about price but many think they have found the Marlborough diamond. Far too much downside to buying this print currently and the buyer taking on a lot of risk. No thanks. Sales already £40-50k so for a £500 outlay I would not complain Who knows now with the global downturn what the banksy print market will be like in two years ?!previously you could guarantee a substantial rise year on year! Prints are worth now at least 80000£ without COA and with coa price will risw to 130000£. Those who care only about money, Banksy will make a gift and ask to take a photoshoot with their banksquiat before sending COA |
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Banksy Basquiat Print, Gross Domestic Product™, by sirarthur on May 15, 2020 8:25:42 GMT 1, It’s interesting to read the various discussions and opinions about how much these are worth / what they will be worth etc etc. So what actually is a realistic price then....? It could be just as realistic to say that these are worth £25k as it is to say they are worth £60k. Right now there is no price. Out of the (lucky) few who have been fortunate enough to buy one, I would suggest that they’ve mostly paid under £25k. (I don’t mean the ones who won the lottery) We may need to wait 2-3 years before we start seeing them at £60-£70k. Yes, it’s been shared that some collectors are/ may be willing to pay possibly even more than this amount. But don’t people tend to want what they think they can’t have? This is what makes the world of the supply/demand markets go round. Once enough people are talking in telephone numbers, the price tends to go up a couple of grand every few weeks. We aren’t going to see these at auction anytime soon. Surely no reputable Gallery would want to be openly offering one out for sale and anyone who did would certainly need to be super careful. It seems to be somewhat “under the radar/cloak and dagger” which isn’t surprising as It’s very high risk for both the buyers and the sellers.. Reading the GDP terms of sale, it seems that they are able to at any point (even after delivery) retract their offer of sale or cancel the sale if they feel that the contract has been broken. Part of the contract of sale could be the future issuing of a COA. Therefore, would that suggest that if a contract were broken by a purchaser, that PC could then mark a certain print number from the edition by way of non-issuance of COA which would then decrease its resale-able value considerably (deeming it almost worthless)? If I personally knew the owner of the print and I felt comfortable enough that I would have no issues whatsoever of obtaining the COA from them (or their family) in 2 years time then I suppose I would be looking at paying £30-£40k for a Black one. (I really like the Black one! 😂). That’s what I would feel comfortable with. We are still talking about a print that was released only 7 months ago, aren’t we. I guess it’s always gonna come down to whatever someone is willing to pay. Maybe there is a buyer that’s bitten the bullet at silly money who wishes that they’d waited a bit longer just as there may be a seller who’s sold one at what they now consider to be too cheap who also wishes that they’d waited a bit longer....but considering all of the stipulations around issuance of the COA’s along with the risks involved regarding the GDP/PC Terms of sale and of course having to most probably deal via an intermediary/broker. And on top of that having to potentially get lawyer/solicitor involved. It does seem rather messy and may be more aggravation than it’s worth for potential buyers right now. £60-£70k....yes I’m pretty sure we will see them sell at this price in a few years time. But they won’t be selling for £180k, that’s just not gonna happen.
180000£ easily gonna happen in 5 years period. Times have changed. I agree with your opinion that those who sold Banksquiat without COA won’t get in 2 years time COA at all. There is no place for Banksy flippers at all
It’s interesting to read the various discussions and opinions about how much these are worth / what they will be worth etc etc. So what actually is a realistic price then....? It could be just as realistic to say that these are worth £25k as it is to say they are worth £60k. Right now there is no price. Out of the (lucky) few who have been fortunate enough to buy one, I would suggest that they’ve mostly paid under £25k. (I don’t mean the ones who won the lottery) We may need to wait 2-3 years before we start seeing them at £60-£70k. Yes, it’s been shared that some collectors are/ may be willing to pay possibly even more than this amount. But don’t people tend to want what they think they can’t have? This is what makes the world of the supply/demand markets go round. Once enough people are talking in telephone numbers, the price tends to go up a couple of grand every few weeks. We aren’t going to see these at auction anytime soon. Surely no reputable Gallery would want to be openly offering one out for sale and anyone who did would certainly need to be super careful. It seems to be somewhat “under the radar/cloak and dagger” which isn’t surprising as It’s very high risk for both the buyers and the sellers.. Reading the GDP terms of sale, it seems that they are able to at any point (even after delivery) retract their offer of sale or cancel the sale if they feel that the contract has been broken. Part of the contract of sale could be the future issuing of a COA. Therefore, would that suggest that if a contract were broken by a purchaser, that PC could then mark a certain print number from the edition by way of non-issuance of COA which would then decrease its resale-able value considerably (deeming it almost worthless)? If I personally knew the owner of the print and I felt comfortable enough that I would have no issues whatsoever of obtaining the COA from them (or their family) in 2 years time then I suppose I would be looking at paying £30-£40k for a Black one. (I really like the Black one! 😂). That’s what I would feel comfortable with. We are still talking about a print that was released only 7 months ago, aren’t we. I guess it’s always gonna come down to whatever someone is willing to pay. Maybe there is a buyer that’s bitten the bullet at silly money who wishes that they’d waited a bit longer just as there may be a seller who’s sold one at what they now consider to be too cheap who also wishes that they’d waited a bit longer....but considering all of the stipulations around issuance of the COA’s along with the risks involved regarding the GDP/PC Terms of sale and of course having to most probably deal via an intermediary/broker. And on top of that having to potentially get lawyer/solicitor involved. It does seem rather messy and may be more aggravation than it’s worth for potential buyers right now. £60-£70k....yes I’m pretty sure we will see them sell at this price in a few years time. But they won’t be selling for £180k, that’s just not gonna happen. 180000£ easily gonna happen in 5 years period. Times have changed. I agree with your opinion that those who sold Banksquiat without COA won’t get in 2 years time COA at all. There is no place for Banksy flippers at all |
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Banksy Basquiat Print, Gross Domestic Product™, by sirarthur on May 15, 2020 8:29:21 GMT 1, It’s interesting to read the various discussions and opinions about how much these are worth / what they will be worth etc etc. So what actually is a realistic price then....? It could be just as realistic to say that these are worth £25k as it is to say they are worth £60k. Right now there is no price. Out of the (lucky) few who have been fortunate enough to buy one, I would suggest that they’ve mostly paid under £25k. (I don’t mean the ones who won the lottery) We may need to wait 2-3 years before we start seeing them at £60-£70k. Yes, it’s been shared that some collectors are/ may be willing to pay possibly even more than this amount. But don’t people tend to want what they think they can’t have? This is what makes the world of the supply/demand markets go round. Once enough people are talking in telephone numbers, the price tends to go up a couple of grand every few weeks. We aren’t going to see these at auction anytime soon. Surely no reputable Gallery would want to be openly offering one out for sale and anyone who did would certainly need to be super careful. It seems to be somewhat “under the radar/cloak and dagger” which isn’t surprising as It’s very high risk for both the buyers and the sellers.. Reading the GDP terms of sale, it seems that they are able to at any point (even after delivery) retract their offer of sale or cancel the sale if they feel that the contract has been broken. Part of the contract of sale could be the future issuing of a COA. Therefore, would that suggest that if a contract were broken by a purchaser, that PC could then mark a certain print number from the edition by way of non-issuance of COA which would then decrease its resale-able value considerably (deeming it almost worthless)? If I personally knew the owner of the print and I felt comfortable enough that I would have no issues whatsoever of obtaining the COA from them (or their family) in 2 years time then I suppose I would be looking at paying £30-£40k for a Black one. (I really like the Black one! 😂). That’s what I would feel comfortable with. We are still talking about a print that was released only 7 months ago, aren’t we. I guess it’s always gonna come down to whatever someone is willing to pay. Maybe there is a buyer that’s bitten the bullet at silly money who wishes that they’d waited a bit longer just as there may be a seller who’s sold one at what they now consider to be too cheap who also wishes that they’d waited a bit longer....but considering all of the stipulations around issuance of the COA’s along with the risks involved regarding the GDP/PC Terms of sale and of course having to most probably deal via an intermediary/broker. And on top of that having to potentially get lawyer/solicitor involved. It does seem rather messy and may be more aggravation than it’s worth for potential buyers right now. £60-£70k....yes I’m pretty sure we will see them sell at this price in a few years time. But they won’t be selling for £180k, that’s just not gonna happen. that is a clever review, Next question that nobody mentioned is how many went for sale on lottery. 50% may be less?
Yes only half (black/grey) went on lottery, others will be private sale for most loyal collectors directly
It’s interesting to read the various discussions and opinions about how much these are worth / what they will be worth etc etc. So what actually is a realistic price then....? It could be just as realistic to say that these are worth £25k as it is to say they are worth £60k. Right now there is no price. Out of the (lucky) few who have been fortunate enough to buy one, I would suggest that they’ve mostly paid under £25k. (I don’t mean the ones who won the lottery) We may need to wait 2-3 years before we start seeing them at £60-£70k. Yes, it’s been shared that some collectors are/ may be willing to pay possibly even more than this amount. But don’t people tend to want what they think they can’t have? This is what makes the world of the supply/demand markets go round. Once enough people are talking in telephone numbers, the price tends to go up a couple of grand every few weeks. We aren’t going to see these at auction anytime soon. Surely no reputable Gallery would want to be openly offering one out for sale and anyone who did would certainly need to be super careful. It seems to be somewhat “under the radar/cloak and dagger” which isn’t surprising as It’s very high risk for both the buyers and the sellers.. Reading the GDP terms of sale, it seems that they are able to at any point (even after delivery) retract their offer of sale or cancel the sale if they feel that the contract has been broken. Part of the contract of sale could be the future issuing of a COA. Therefore, would that suggest that if a contract were broken by a purchaser, that PC could then mark a certain print number from the edition by way of non-issuance of COA which would then decrease its resale-able value considerably (deeming it almost worthless)? If I personally knew the owner of the print and I felt comfortable enough that I would have no issues whatsoever of obtaining the COA from them (or their family) in 2 years time then I suppose I would be looking at paying £30-£40k for a Black one. (I really like the Black one! 😂). That’s what I would feel comfortable with. We are still talking about a print that was released only 7 months ago, aren’t we. I guess it’s always gonna come down to whatever someone is willing to pay. Maybe there is a buyer that’s bitten the bullet at silly money who wishes that they’d waited a bit longer just as there may be a seller who’s sold one at what they now consider to be too cheap who also wishes that they’d waited a bit longer....but considering all of the stipulations around issuance of the COA’s along with the risks involved regarding the GDP/PC Terms of sale and of course having to most probably deal via an intermediary/broker. And on top of that having to potentially get lawyer/solicitor involved. It does seem rather messy and may be more aggravation than it’s worth for potential buyers right now. £60-£70k....yes I’m pretty sure we will see them sell at this price in a few years time. But they won’t be selling for £180k, that’s just not gonna happen. that is a clever review, Next question that nobody mentioned is how many went for sale on lottery. 50% may be less? Yes only half (black/grey) went on lottery, others will be private sale for most loyal collectors directly |
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Banksy Basquiat Print, Gross Domestic Product™, by andypandy on May 15, 2020 10:03:52 GMT 1, It’s interesting to read the various discussions and opinions about how much these are worth / what they will be worth etc etc. So what actually is a realistic price then....? It could be just as realistic to say that these are worth £25k as it is to say they are worth £60k. Right now there is no price. Out of the (lucky) few who have been fortunate enough to buy one, I would suggest that they’ve mostly paid under £25k. (I don’t mean the ones who won the lottery) We may need to wait 2-3 years before we start seeing them at £60-£70k. Yes, it’s been shared that some collectors are/ may be willing to pay possibly even more than this amount. But don’t people tend to want what they think they can’t have? This is what makes the world of the supply/demand markets go round. Once enough people are talking in telephone numbers, the price tends to go up a couple of grand every few weeks. We aren’t going to see these at auction anytime soon. Surely no reputable Gallery would want to be openly offering one out for sale and anyone who did would certainly need to be super careful. It seems to be somewhat “under the radar/cloak and dagger” which isn’t surprising as It’s very high risk for both the buyers and the sellers.. Reading the GDP terms of sale, it seems that they are able to at any point (even after delivery) retract their offer of sale or cancel the sale if they feel that the contract has been broken. Part of the contract of sale could be the future issuing of a COA. Therefore, would that suggest that if a contract were broken by a purchaser, that PC could then mark a certain print number from the edition by way of non-issuance of COA which would then decrease its resale-able value considerably (deeming it almost worthless)? If I personally knew the owner of the print and I felt comfortable enough that I would have no issues whatsoever of obtaining the COA from them (or their family) in 2 years time then I suppose I would be looking at paying £30-£40k for a Black one. (I really like the Black one! 😂). That’s what I would feel comfortable with. We are still talking about a print that was released only 7 months ago, aren’t we. I guess it’s always gonna come down to whatever someone is willing to pay. Maybe there is a buyer that’s bitten the bullet at silly money who wishes that they’d waited a bit longer just as there may be a seller who’s sold one at what they now consider to be too cheap who also wishes that they’d waited a bit longer....but considering all of the stipulations around issuance of the COA’s along with the risks involved regarding the GDP/PC Terms of sale and of course having to most probably deal via an intermediary/broker. And on top of that having to potentially get lawyer/solicitor involved. It does seem rather messy and may be more aggravation than it’s worth for potential buyers right now. £60-£70k....yes I’m pretty sure we will see them sell at this price in a few years time. But they won’t be selling for £180k, that’s just not gonna happen. 180000£ easily gonna happen in 5 years period. Times have changed. I agree with your opinion that those who sold Banksquiat without COA won’t get in 2 years time COA at all. There is no place for Banksy flippers at all
Ok. So in your opinion they’re currently worth £80k but at the same time, if you’ve bought one at £80k, you’ve probably done your money as there’s a high chance your seller won’t be able to provide you with the COA?
It’s interesting to read the various discussions and opinions about how much these are worth / what they will be worth etc etc. So what actually is a realistic price then....? It could be just as realistic to say that these are worth £25k as it is to say they are worth £60k. Right now there is no price. Out of the (lucky) few who have been fortunate enough to buy one, I would suggest that they’ve mostly paid under £25k. (I don’t mean the ones who won the lottery) We may need to wait 2-3 years before we start seeing them at £60-£70k. Yes, it’s been shared that some collectors are/ may be willing to pay possibly even more than this amount. But don’t people tend to want what they think they can’t have? This is what makes the world of the supply/demand markets go round. Once enough people are talking in telephone numbers, the price tends to go up a couple of grand every few weeks. We aren’t going to see these at auction anytime soon. Surely no reputable Gallery would want to be openly offering one out for sale and anyone who did would certainly need to be super careful. It seems to be somewhat “under the radar/cloak and dagger” which isn’t surprising as It’s very high risk for both the buyers and the sellers.. Reading the GDP terms of sale, it seems that they are able to at any point (even after delivery) retract their offer of sale or cancel the sale if they feel that the contract has been broken. Part of the contract of sale could be the future issuing of a COA. Therefore, would that suggest that if a contract were broken by a purchaser, that PC could then mark a certain print number from the edition by way of non-issuance of COA which would then decrease its resale-able value considerably (deeming it almost worthless)? If I personally knew the owner of the print and I felt comfortable enough that I would have no issues whatsoever of obtaining the COA from them (or their family) in 2 years time then I suppose I would be looking at paying £30-£40k for a Black one. (I really like the Black one! 😂). That’s what I would feel comfortable with. We are still talking about a print that was released only 7 months ago, aren’t we. I guess it’s always gonna come down to whatever someone is willing to pay. Maybe there is a buyer that’s bitten the bullet at silly money who wishes that they’d waited a bit longer just as there may be a seller who’s sold one at what they now consider to be too cheap who also wishes that they’d waited a bit longer....but considering all of the stipulations around issuance of the COA’s along with the risks involved regarding the GDP/PC Terms of sale and of course having to most probably deal via an intermediary/broker. And on top of that having to potentially get lawyer/solicitor involved. It does seem rather messy and may be more aggravation than it’s worth for potential buyers right now. £60-£70k....yes I’m pretty sure we will see them sell at this price in a few years time. But they won’t be selling for £180k, that’s just not gonna happen. 180000£ easily gonna happen in 5 years period. Times have changed. I agree with your opinion that those who sold Banksquiat without COA won’t get in 2 years time COA at all. There is no place for Banksy flippers at all Ok. So in your opinion they’re currently worth £80k but at the same time, if you’ve bought one at £80k, you’ve probably done your money as there’s a high chance your seller won’t be able to provide you with the COA? |
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tab1
Full Member
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Banksy Basquiat Print, Gross Domestic Product™, by tab1 on May 15, 2020 10:52:04 GMT 1, Sales already £40-50k so for a £500 outlay I would not complain Who knows now with the global downturn what the banksy print market will be like in two years ?!previously you could guarantee a substantial rise year on year! The only two sales that I am aware of (both via this forum) were in the range £35k - £40k. Still a lovely windfall for those who felt the need or desire to sell. No judgement to those that have sold as it's a genuinely life-changing amount of money for many.
Guy hepner gallery have sold one and have another for sale at $65k another two galleries have sold one each , one of the galleries discussed here
I think this gallery has sold one too
tanyabaxtercontemporary.com/artworks/modern-contemporary/banksy?gclid=EAIaIQobChMIu7H_142t6QIVyOvtCh0-8wFDEAAYASAAEgKRzvD_BwE
Sales already £40-50k so for a £500 outlay I would not complain Who knows now with the global downturn what the banksy print market will be like in two years ?!previously you could guarantee a substantial rise year on year! The only two sales that I am aware of (both via this forum) were in the range £35k - £40k. Still a lovely windfall for those who felt the need or desire to sell. No judgement to those that have sold as it's a genuinely life-changing amount of money for many. Guy hepner gallery have sold one and have another for sale at $65k another two galleries have sold one each , one of the galleries discussed here I think this gallery has sold one too tanyabaxtercontemporary.com/artworks/modern-contemporary/banksy?gclid=EAIaIQobChMIu7H_142t6QIVyOvtCh0-8wFDEAAYASAAEgKRzvD_BwE |
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Banksy Basquiat Print, Gross Domestic Product™, by sirarthur on May 15, 2020 14:30:55 GMT 1,
At artsy another one was sold for 75000$
At artsy another one was sold for 75000$ |
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Banksy Basquiat Print, Gross Domestic Product™, by sirarthur on May 15, 2020 14:32:41 GMT 1, 180000£ easily gonna happen in 5 years period. Times have changed. I agree with your opinion that those who sold Banksquiat without COA won’t get in 2 years time COA at all. There is no place for Banksy flippers at all Ok. So in your opinion they’re currently worth £80k but at the same time, if you’ve bought one at £80k, you’ve probably done your money as there’s a high chance your seller won’t be able to provide you with the COA?
There is no guarantee that flippers will get COA.
180000£ easily gonna happen in 5 years period. Times have changed. I agree with your opinion that those who sold Banksquiat without COA won’t get in 2 years time COA at all. There is no place for Banksy flippers at all Ok. So in your opinion they’re currently worth £80k but at the same time, if you’ve bought one at £80k, you’ve probably done your money as there’s a high chance your seller won’t be able to provide you with the COA? There is no guarantee that flippers will get COA. |
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Sundowner
Junior Member
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Banksy Basquiat Print, Gross Domestic Product™, by Sundowner on May 15, 2020 14:45:32 GMT 1, Anyone paying £80k for a print from an edition of 600 that has no auction record and no COA being issued for 2 years needs to think very carefully. If I had £80k to spend on a Banksy print I'd be going for one, possibly two equally desirable images that have taken many years to get to the level they are at.
Anyone paying £80k for a print from an edition of 600 that has no auction record and no COA being issued for 2 years needs to think very carefully. If I had £80k to spend on a Banksy print I'd be going for one, possibly two equally desirable images that have taken many years to get to the level they are at.
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Banksy Basquiat Print, Gross Domestic Product™, by sirarthur on May 15, 2020 15:00:13 GMT 1, Anyone paying £80k for a print from an edition of 600 that has no auction record and no COA being issued for 2 years needs to think very carefully. If I had £80k to spend on a Banksy print I'd be going for one, possibly two equally desirable images that have taken many years to get to the level they are at.
There is no risk for this print popularity, because it’s tribute to Basquiat. This is first GDP print being sold by Banksy itself. The only problem here is that early buyers could be without COA
Anyone paying £80k for a print from an edition of 600 that has no auction record and no COA being issued for 2 years needs to think very carefully. If I had £80k to spend on a Banksy print I'd be going for one, possibly two equally desirable images that have taken many years to get to the level they are at. There is no risk for this print popularity, because it’s tribute to Basquiat. This is first GDP print being sold by Banksy itself. The only problem here is that early buyers could be without COA |
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Dive Jedi
Junior Member
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Banksy Basquiat Print, Gross Domestic Product™, by Dive Jedi on May 15, 2020 15:47:18 GMT 1, At artsy another one was sold for 75000$
So what is your fascination with this particular print - and mostly it's value - if you don't own one ? ? ?
At artsy another one was sold for 75000$ So what is your fascination with this particular print - and mostly it's value - if you don't own one ? ? ? |
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irl1
Full Member
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December 2017
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Banksy Basquiat Print, Gross Domestic Product™, by irl1 on May 15, 2020 16:37:46 GMT 1, At artsy another one was sold for 75000$ So what is your fascination with this particular print - and mostly it's value - if you don't own one ? ? ?
be a brave knight and answer the question
At artsy another one was sold for 75000$ So what is your fascination with this particular print - and mostly it's value - if you don't own one ? ? ? Hello sirarthur be a brave knight and answer the question |
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