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ABC
Artist
Junior Member
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August 2006
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POW Price Increase, by ABC on Mar 29, 2007 20:04:25 GMT 1, I wish they did it may stop people buying for buying sake
I wish they did it may stop people buying for buying sake
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POW Price Increase, by goodbye34 on Mar 29, 2007 20:04:43 GMT 1, Good point. I know they're trying to combat weebay etc, but may end up shooting themselves in the foot.
Good point. I know they're trying to combat weebay etc, but may end up shooting themselves in the foot.
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POW Price Increase, by Daniel Silk on Mar 29, 2007 20:11:40 GMT 1, Good point. I know they're trying to combat weebay etc, but may end up shooting themselves in the foot.
I think they run the risk of becoming the sort of place that they seemed to want to combat in the world of Street Art If they dont watch it POW could end up with nothing under £500, and another group of artists could come along and take a big chunk of the market just like POW had done over the last few years.
Good point. I know they're trying to combat weebay etc, but may end up shooting themselves in the foot. I think they run the risk of becoming the sort of place that they seemed to want to combat in the world of Street Art If they dont watch it POW could end up with nothing under £500, and another group of artists could come along and take a big chunk of the market just like POW had done over the last few years.
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POW Price Increase, by Daniel Silk on Mar 29, 2007 20:40:25 GMT 1, I think the trouble is, if they try to kill off the ebay re-sale market it could destroy the whole demand for Banksy prints risky thing to do Why would people buy an unsigned Banksy print from POW for say £500, when they can get a signed D*Face, Dolk, or Eelus for around £50? You can get a Eelus canvas for £400 Those are the sort of questions people would keep asking, and the demand for Banksy pieces could dry up POW are on to a good thing, they should keep it going and dont fiddle too much If it aint broke, dunt fix it ;D If it is broke (ordering system), fix it fast! ;D
I think the trouble is, if they try to kill off the ebay re-sale market it could destroy the whole demand for Banksy prints risky thing to do Why would people buy an unsigned Banksy print from POW for say £500, when they can get a signed D*Face, Dolk, or Eelus for around £50? You can get a Eelus canvas for £400 Those are the sort of questions people would keep asking, and the demand for Banksy pieces could dry up POW are on to a good thing, they should keep it going and dont fiddle too much If it aint broke, dunt fix it ;D If it is broke (ordering system), fix it fast! ;D
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POW Price Increase, by Run Pig Run on Mar 29, 2007 20:50:24 GMT 1, they won't fuckin fix it. they were well aware of this problem at least 5 months ago and have done fuck all about it since. It's all a big con to string it out and get you buying a black mona. They couldve sorted this if they really wanted to.
they won't fuckin fix it. they were well aware of this problem at least 5 months ago and have done fuck all about it since. It's all a big con to string it out and get you buying a black mona. They couldve sorted this if they really wanted to.
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POW Price Increase, by sausageboonwee on Mar 29, 2007 20:59:23 GMT 1, 2 days ago this forum was very quiet. Lots of new people with big views all of a sudden.
2 days ago this forum was very quiet. Lots of new people with big views all of a sudden.
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rhinomilk
New Member
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February 2007
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POW Price Increase, by rhinomilk on Mar 29, 2007 21:02:25 GMT 1, well.. hopefully they have some left. if so, when they release it I hope it is at 3 a.m. in the UK. see how you guys like it
well.. hopefully they have some left. if so, when they release it I hope it is at 3 a.m. in the UK. see how you guys like it
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POW Price Increase, by Daniel Silk on Mar 29, 2007 21:21:49 GMT 1, Sorry, I didn't realize NOT being a long term member of an online bulletin board should have restricted my thoughts and viewpoints.
Dont worry mate! ;D everyone is welcome on here ;D and your point of view is just as valid as anyone else.
Sorry, I didn't realize NOT being a long term member of an online bulletin board should have restricted my thoughts and viewpoints. Dont worry mate! ;D everyone is welcome on here ;D and your point of view is just as valid as anyone else.
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artbrute
New Member
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March 2007
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POW Price Increase, by artbrute on Mar 29, 2007 21:35:33 GMT 1, Cheers
Cheers
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RBK
Junior Member
🗨️ 2,925
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September 2006
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POW Price Increase, by RBK on Mar 29, 2007 22:21:58 GMT 1, It doesn't matter if they are sold for 250, 500, 650, or 1000. The value of these is what the market is willing to pay - and it will be 2-3x for unsigned when they start appearing on Ebay and God knows for the Signed ones!
Baggers exist because it is a minimial risk, for a almost guaranteed profit. If the price increases, the only thing that will change is the type and amount of baggers out there (and they will be richer people with big credit).
I think the only thing that we have a right to ask for is a system that doesn't crash.
It doesn't matter if they are sold for 250, 500, 650, or 1000. The value of these is what the market is willing to pay - and it will be 2-3x for unsigned when they start appearing on Ebay and God knows for the Signed ones!
Baggers exist because it is a minimial risk, for a almost guaranteed profit. If the price increases, the only thing that will change is the type and amount of baggers out there (and they will be richer people with big credit).
I think the only thing that we have a right to ask for is a system that doesn't crash.
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Mobu
New Member
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October 2006
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POW Price Increase, by Mobu on Mar 29, 2007 22:27:44 GMT 1, I agree. Its all about the hype! They start at a low price and end up selling for a fortune... In a way we are our own enemy because we stagger and decide the ultimate price since we pay for it.
I do find though that the system of obtaining a print is hard work. Might as well do a lottery system to decide if you will get one or not. Hey, that would save me a lot of time and energy starring at the POW site... perhaps I could get on with my life.
I think no matter what you do, there will always be people out to make profit. You are telling me that the people who add threads here never thought of it? Honestly?
Anyways the only way to stop it is for Banksy to lose his fame, which I doubt since he is already branded. I do hope that we all get a piece we really like and cheerish it by framing and hanging it up. That is my dream! Sorry for the rant...
Mo
I agree. Its all about the hype! They start at a low price and end up selling for a fortune... In a way we are our own enemy because we stagger and decide the ultimate price since we pay for it.
I do find though that the system of obtaining a print is hard work. Might as well do a lottery system to decide if you will get one or not. Hey, that would save me a lot of time and energy starring at the POW site... perhaps I could get on with my life.
I think no matter what you do, there will always be people out to make profit. You are telling me that the people who add threads here never thought of it? Honestly?
Anyways the only way to stop it is for Banksy to lose his fame, which I doubt since he is already branded. I do hope that we all get a piece we really like and cheerish it by framing and hanging it up. That is my dream! Sorry for the rant...
Mo
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POW Price Increase, by irf2112 on Mar 29, 2007 22:41:09 GMT 1, I think POW should make a 'banned' list - and monitor the fleabay chancers.
I think POW should make a 'banned' list - and monitor the fleabay chancers.
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Mobu
New Member
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October 2006
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POW Price Increase, by Mobu on Mar 29, 2007 23:26:55 GMT 1, but then people will use different account to sell it...
plus what if someone really needs the money for a genuine reason..
It's way to complicated to eradicate.
but then people will use different account to sell it...
plus what if someone really needs the money for a genuine reason..
It's way to complicated to eradicate.
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gm
New Member
🗨️ 950
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February 2006
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POW Price Increase, by gm on Mar 30, 2007 0:17:05 GMT 1, 2 days ago this forum was very quiet. Lots of new people with big views all of a sudden.
And what's bad about that? Don't want to get all stagnant and inbred here, do we?
Welcome aboard, n00bz.
Now... < cranky old git mode >
POW are a business, not a charity, get over it and move on.
Nobody's being forced or made to sit at their PCs pressing F5 F5 F5 and then getting stroppy when the system crashes because of the amount of people pressing F5 F5 F5. It's like sitting in your stationary car on the M25 and moaning about the bloody traffic, or going up Glastonbury Tor and thinking it'd be nicer if there weren't so many tourists
That said, I'm genuinely sorry for those who got prints in their baskets that later vanished - better luck next time!
( And I don't care if that is in the wrong thread - I've typed it already and can't be arsed moving it elsewhere )
2 days ago this forum was very quiet. Lots of new people with big views all of a sudden. And what's bad about that? Don't want to get all stagnant and inbred here, do we? Welcome aboard, n00bz. Now... < cranky old git mode > POW are a business, not a charity, get over it and move on.
Nobody's being forced or made to sit at their PCs pressing F5 F5 F5 and then getting stroppy when the system crashes because of the amount of people pressing F5 F5 F5. It's like sitting in your stationary car on the M25 and moaning about the bloody traffic, or going up Glastonbury Tor and thinking it'd be nicer if there weren't so many tourists That said, I'm genuinely sorry for those who got prints in their baskets that later vanished - better luck next time! ( And I don't care if that is in the wrong thread - I've typed it already and can't be arsed moving it elsewhere )
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POW Price Increase, by Ågent ßacardi on Mar 30, 2007 0:21:09 GMT 1, 2 days ago this forum was very quiet. Lots of new people with big views all of a sudden. And what's bad about that? Don't want to get all stagnant and inbred here, do we? Welcome aboard, n00bz. Now... < cranky old git mode > POW are a business, not a charity, get over it and move on. Nobody's being forced or made to sit at their PCs pressing F5 F5 F5 and then getting stroppy when the system crashes because of the amount of people pressing F5 F5 F5. It's like sitting in your stationary car on the M25 and moaning about the bloody traffic, or going up Glastonbury Tor and thinking it'd be nicer if there weren't so many tourists That said, I'm genuinely sorry for those who got prints in their baskets that later vanished - better luck next time!
This old git speaks sense! ;D
2 days ago this forum was very quiet. Lots of new people with big views all of a sudden. And what's bad about that? Don't want to get all stagnant and inbred here, do we? Welcome aboard, n00bz. Now... < cranky old git mode > POW are a business, not a charity, get over it and move on. Nobody's being forced or made to sit at their PCs pressing F5 F5 F5 and then getting stroppy when the system crashes because of the amount of people pressing F5 F5 F5. It's like sitting in your stationary car on the M25 and moaning about the bloody traffic, or going up Glastonbury Tor and thinking it'd be nicer if there weren't so many tourists That said, I'm genuinely sorry for those who got prints in their baskets that later vanished - better luck next time! This old git speaks sense! ;D
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gm
New Member
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February 2006
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POW Price Increase, by gm on Mar 30, 2007 0:22:55 GMT 1, Wotcha, Not Ron ;D How's tings?
I've edited it now, so you'll have to go and edit yours to incorporate my edits
Wotcha, Not Ron ;D How's tings? I've edited it now, so you'll have to go and edit yours to incorporate my edits
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gbh
Junior Member
🗨️ 2,595
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May 2006
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POW Price Increase, by gbh on Mar 30, 2007 0:28:42 GMT 1, Sorry, I didn't realize NOT being a long term member of an online bulletin board should have restricted my thoughts and viewpoints. Dont worry mate! ;D everyone is welcome on here ;D and your point of view is just as valid as anyone else.
....once you've been around for a while.
8=)
Sorry, I didn't realize NOT being a long term member of an online bulletin board should have restricted my thoughts and viewpoints. Dont worry mate! ;D everyone is welcome on here ;D and your point of view is just as valid as anyone else. ....once you've been around for a while. 8=)
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POW Price Increase, by Ågent ßacardi on Mar 30, 2007 1:00:56 GMT 1, Wotcha, Not Ron ;D How's tings? I've edited it now, so you'll have to go and edit yours to incorporate my edits
Oh yeah? Well you're not the only cranky one around here - I can't be arsed!
You've disappeared for quite a while, huh! How you been? As you can see, things haven't seemed to change much around here ;D
Wotcha, Not Ron ;D How's tings? I've edited it now, so you'll have to go and edit yours to incorporate my edits Oh yeah? Well you're not the only cranky one around here - I can't be arsed! You've disappeared for quite a while, huh! How you been? As you can see, things haven't seemed to change much around here ;D
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dwight
New Member
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November 2006
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POW Price Increase, by dwight on Mar 30, 2007 6:02:44 GMT 1, well.. hopefully they have some left. if so, when they release it I hope it is at 3 a.m. in the UK. see how you guys like it
Being from the US as well, its funny that you mentioned this...
well.. hopefully they have some left. if so, when they release it I hope it is at 3 a.m. in the UK. see how you guys like it Being from the US as well, its funny that you mentioned this...
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krazy
New Member
🗨️ 226
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September 2006
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POW Price Increase, by krazy on Mar 30, 2007 8:13:40 GMT 1, ok.. I'm a newbie poster, but a long time lurker..
My opinion about eBay is that it's effect is twofold:
a: Because of the flippers that are out to make a quick buck, it causes PoW to sell out super quickly (that's a no-brainer). There's NOTHING PoW can do to mitigate against this... it's the nature of online trade these days. Many companies have tried to stop it, and failed dismally. b: This one's slightly harder to exlain.. but I'll do my best: IMHO, eBay also keeps the prices of his work DOWN. If there was no eBay, it would be much much harder for anyone that didn't get it from PoW to get any signed Banksy art. There also wouldn't be as many flippers (so MOST pieces would go into permanent collections), and the demand for any pieces that do find their way to the market would be insanely high, hence driving the price up.
My opinion only...
ok.. I'm a newbie poster, but a long time lurker.. My opinion about eBay is that it's effect is twofold: a: Because of the flippers that are out to make a quick buck, it causes PoW to sell out super quickly (that's a no-brainer). There's NOTHING PoW can do to mitigate against this... it's the nature of online trade these days. Many companies have tried to stop it, and failed dismally. b: This one's slightly harder to exlain.. but I'll do my best: IMHO, eBay also keeps the prices of his work DOWN. If there was no eBay, it would be much much harder for anyone that didn't get it from PoW to get any signed Banksy art. There also wouldn't be as many flippers (so MOST pieces would go into permanent collections), and the demand for any pieces that do find their way to the market would be insanely high, hence driving the price up. My opinion only...
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BK83
Junior Member
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October 2006
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POW Price Increase, by BK83 on Apr 2, 2007 3:03:35 GMT 1, I think your point there about ebay keeping the prices down can also be interpreted that it drives the prices higher because it exposes sellers and buyers to an even wider audience of fans who are willing to pay a top dollar. If there was no ebay, a print that was sold to someone in Melbourne, Australia would have a limited audience of buyers if it went up for resale. whereas with ebay that same print from melbourne can go on sale to a wider market of people who will no doubt bid the price up to an exaggerated market price.
Its late and I haven't articulated that as well as I would have liked, but the general point is there -- ebay drives the prices higher because it exposes these prints to a global market.
J
I think your point there about ebay keeping the prices down can also be interpreted that it drives the prices higher because it exposes sellers and buyers to an even wider audience of fans who are willing to pay a top dollar. If there was no ebay, a print that was sold to someone in Melbourne, Australia would have a limited audience of buyers if it went up for resale. whereas with ebay that same print from melbourne can go on sale to a wider market of people who will no doubt bid the price up to an exaggerated market price.
Its late and I haven't articulated that as well as I would have liked, but the general point is there -- ebay drives the prices higher because it exposes these prints to a global market.
J
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smartussi
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November 2006
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POW Price Increase, by smartussi on Apr 2, 2007 4:56:16 GMT 1, Why should POW sell a signed banksy print for 500 pounds when 80-90 percent of the people who bought it will immediately list it on ebay for 1000-2000 pounds. It's effed up!
80-90% ? I respectfully disagree, I would say 10% make it to ebay, maybe
Why should POW sell a signed banksy print for 500 pounds when 80-90 percent of the people who bought it will immediately list it on ebay for 1000-2000 pounds. It's effed up! 80-90% ? I respectfully disagree, I would say 10% make it to ebay, maybe
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smartussi
New Member
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November 2006
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POW Price Increase, by smartussi on Apr 2, 2007 4:59:56 GMT 1, I also want to go on record as stating "I DO NOT WANT POW TO RAISE THAIR PRICES" Why would I want to pay more for something than I pay now? I don't understand this philosophy
I also want to go on record as stating "I DO NOT WANT POW TO RAISE THAIR PRICES" Why would I want to pay more for something than I pay now? I don't understand this philosophy
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krazy
New Member
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September 2006
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POW Price Increase, by krazy on Apr 2, 2007 6:12:57 GMT 1, I think your point there about ebay keeping the prices down can also be interpreted that it drives the prices higher because it exposes sellers and buyers to an even wider audience of fans who are willing to pay a top dollar. If there was no ebay, a print that was sold to someone in Melbourne, Australia would have a limited audience of buyers if it went up for resale. whereas with ebay that same print from melbourne can go on sale to a wider market of people who will no doubt bid the price up to an exaggerated market price. J
You make a good point... but I disagree to a certain extent.
Banksy's demand builds globally through his expoits, not through eBay... so if someone wants a piece from him (and can't get it through ebay), they'll search the world for that piece through calling galleries, well known collectors, etc... (I know, I've done this for work from other artists that don't regularly appear on eBay). Just have a look at the prices some galleries are charging for his work... their prices are far higher than eBay prices, and the target audience is the many many people that don't bother with eBay.
I stand by my belief... eBay keeps the prices down.
I think your point there about ebay keeping the prices down can also be interpreted that it drives the prices higher because it exposes sellers and buyers to an even wider audience of fans who are willing to pay a top dollar. If there was no ebay, a print that was sold to someone in Melbourne, Australia would have a limited audience of buyers if it went up for resale. whereas with ebay that same print from melbourne can go on sale to a wider market of people who will no doubt bid the price up to an exaggerated market price. J You make a good point... but I disagree to a certain extent. Banksy's demand builds globally through his expoits, not through eBay... so if someone wants a piece from him (and can't get it through ebay), they'll search the world for that piece through calling galleries, well known collectors, etc... (I know, I've done this for work from other artists that don't regularly appear on eBay). Just have a look at the prices some galleries are charging for his work... their prices are far higher than eBay prices, and the target audience is the many many people that don't bother with eBay. I stand by my belief... eBay keeps the prices down.
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snorky
New Member
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June 2006
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POW Price Increase, by snorky on Apr 2, 2007 10:35:42 GMT 1, Ebay provides some measure of liquidity and transparency.
In an opaque market , for example art "dealers" - the likelyhood of cartels being estalished informally is more than likely - indeed, it is in dealers interests to keep information about supply and hence prices as restricted as possible, ensuring that direct comparisons are difficult to make on a like for like basis.
Check out Ebay prices against gallery prices and you will see the mark up. You pay extra for the "personal" service of a gallery and the provision of a piece of paper hinting at provenance for so called peace of mind.
On an efficiency basis, Ebay wins hands down, assuming you can weed out the charlatans and mixers in the fray.Galleries provide an ego trip - more of a shopping experience so to say. Galleries massage your ego and retain their exculisvity due to price and snobbery , even if the product bought is exaxctly the same and arrives in a heavy duty tube, just like ebay
IN this sense, Ebay could be construed as a price leveller and forces prices down- it is the closest thing we have to an open market and a vast improvement on the clique of galleries that have kept a closed shop for the past several hundred years.
Galleries will charge as much as they can get away with. Thye are often the arbiter of prices for one offs and limited edition prints - they set the level and informally ensure that their "competitors" keep to that level for all their sakes - have you ever tried to bargain with a gallery ? many would sooner escoprt you from the premises than reduce their profit from 200% to 150% in order to make a sale - this is why art is seen as a luxury and this is why new money spends so much on "art" when it arrives and has to make an impression.
Use the galleries to view and enjoy a glass of wine - listen to their soft sales talk, pick up the expensively illustrated brochures and then go home to feed your fetish with an Ebay purchase.
Leave gallery purchases for Ill educated footballers, 30 second reality TV whores and Slavic rapaicious oligarchs. Use Ebay if the like the image and want it on your wall.
its a "no brainer" as the crass seem fond on reitetrating rather endlessly
Ebay provides some measure of liquidity and transparency.
In an opaque market , for example art "dealers" - the likelyhood of cartels being estalished informally is more than likely - indeed, it is in dealers interests to keep information about supply and hence prices as restricted as possible, ensuring that direct comparisons are difficult to make on a like for like basis.
Check out Ebay prices against gallery prices and you will see the mark up. You pay extra for the "personal" service of a gallery and the provision of a piece of paper hinting at provenance for so called peace of mind.
On an efficiency basis, Ebay wins hands down, assuming you can weed out the charlatans and mixers in the fray.Galleries provide an ego trip - more of a shopping experience so to say. Galleries massage your ego and retain their exculisvity due to price and snobbery , even if the product bought is exaxctly the same and arrives in a heavy duty tube, just like ebay
IN this sense, Ebay could be construed as a price leveller and forces prices down- it is the closest thing we have to an open market and a vast improvement on the clique of galleries that have kept a closed shop for the past several hundred years.
Galleries will charge as much as they can get away with. Thye are often the arbiter of prices for one offs and limited edition prints - they set the level and informally ensure that their "competitors" keep to that level for all their sakes - have you ever tried to bargain with a gallery ? many would sooner escoprt you from the premises than reduce their profit from 200% to 150% in order to make a sale - this is why art is seen as a luxury and this is why new money spends so much on "art" when it arrives and has to make an impression.
Use the galleries to view and enjoy a glass of wine - listen to their soft sales talk, pick up the expensively illustrated brochures and then go home to feed your fetish with an Ebay purchase.
Leave gallery purchases for Ill educated footballers, 30 second reality TV whores and Slavic rapaicious oligarchs. Use Ebay if the like the image and want it on your wall.
its a "no brainer" as the crass seem fond on reitetrating rather endlessly
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yeah7
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January 2007
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POW Price Increase, by yeah7 on Apr 2, 2007 12:07:39 GMT 1, On a totally selfish point of view, I think it would be bad for POW to increase their prices.
I was lucky enough to get a unsigned morons, my first banksy. Before that I had been looking on ebay for a print that I liked (that looked genuine, with a good seller) and that I could justify spending that much money on, it never happened. The only way I can see myself getting anymore is through POW. I'm buying strictly to frame and to put on my walls, not to sell on or swop.
I worry that I'm going to be priced out of a print soon, even before they hit 3rd parties.
On a totally selfish point of view, I think it would be bad for POW to increase their prices.
I was lucky enough to get a unsigned morons, my first banksy. Before that I had been looking on ebay for a print that I liked (that looked genuine, with a good seller) and that I could justify spending that much money on, it never happened. The only way I can see myself getting anymore is through POW. I'm buying strictly to frame and to put on my walls, not to sell on or swop.
I worry that I'm going to be priced out of a print soon, even before they hit 3rd parties.
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POW Price Increase, by kingdomcome on Apr 2, 2007 12:53:29 GMT 1, Personally, I dont think POW could really care less about ebay. Why should they? They have made a tidy profit regardless of what happens on the bay.
POW prices have slowly risen over the past few years and will no doubt continue to do so, regardless of whether POW are trying to scare off the scalpers.
If POW doubled or tripled the prices, all it means is that people will pay double and triple for the work and it will sell on for even more at auction.
Whats the difference between someone selling a Banksy on ebay and someone selling one at Southebys or Christies? Nothing really....except they are going at inflated prices....
Bottom line is demand is outstripping supply...so POW, Ebay sellers, anyone can sell at huge profits...
Wouldnt suprise if a few POW owned prints have ended up on the bay.... They are in it to make money and they do it well....
Personally, I dont think POW could really care less about ebay. Why should they? They have made a tidy profit regardless of what happens on the bay.
POW prices have slowly risen over the past few years and will no doubt continue to do so, regardless of whether POW are trying to scare off the scalpers.
If POW doubled or tripled the prices, all it means is that people will pay double and triple for the work and it will sell on for even more at auction.
Whats the difference between someone selling a Banksy on ebay and someone selling one at Southebys or Christies? Nothing really....except they are going at inflated prices....
Bottom line is demand is outstripping supply...so POW, Ebay sellers, anyone can sell at huge profits...
Wouldnt suprise if a few POW owned prints have ended up on the bay.... They are in it to make money and they do it well....
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scud80
New Member
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September 2006
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POW Price Increase, by scud80 on Apr 2, 2007 12:59:56 GMT 1, perhaps you didn't read the "rules of engagement" carefully enough. pow is not determining the prices on the banksy prints ... they are what they are at the artist's request.
raising the unsigned to 250 from 200 is in line with keeping the unsigned at half the price of the signed, which has been their typical banksy pricing structure for a long time (with grannies being the one exception i can remember). i doubt there will be another increase for the LA prints.
perhaps you didn't read the "rules of engagement" carefully enough. pow is not determining the prices on the banksy prints ... they are what they are at the artist's request.
raising the unsigned to 250 from 200 is in line with keeping the unsigned at half the price of the signed, which has been their typical banksy pricing structure for a long time (with grannies being the one exception i can remember). i doubt there will be another increase for the LA prints.
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POW Price Increase, by kingdomcome on Apr 2, 2007 13:03:47 GMT 1, Perhaps I didnt, but then the site crashes most of the time anyhow.....
Theyre all in it together.... Have you heard the term 'price fixing'.....
Perhaps I didnt, but then the site crashes most of the time anyhow.....
Theyre all in it together.... Have you heard the term 'price fixing'.....
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