sgolby
Junior Member
🗨️ 1,890
👍🏻 2,892
November 2012
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by sgolby on Mar 3, 2020 19:53:36 GMT 1, No one in their right mind is going to bank transfer $65k to someone who just pops up on the forum and sells them such a piece. If they do, they need their head seeing to. Im not casting aspersions on the seller, but come on.. thats crazy Personally I’d ask for payment in full. That’s a long time to not sell it to someone else but maybe that’s just me. It’s just not sold until you have the money. Unless it’s you making the party wait until April. Bank transfer is the most common way for payment for pieces at this level. Escrow, is the only way really, however regardless of the circumstances, the buyer should be contacting PC first to make sure the owner is the registered owner. Then they open an escrow account, transfer the funds, and once all is well release the funds. It is really simple actually. Reality is, neither the buyer NOR the seller should trust someone implicitly from any online forum.
No one in their right mind is going to bank transfer $65k to someone who just pops up on the forum and sells them such a piece. If they do, they need their head seeing to. Im not casting aspersions on the seller, but come on.. thats crazy Personally I’d ask for payment in full. That’s a long time to not sell it to someone else but maybe that’s just me. It’s just not sold until you have the money. Unless it’s you making the party wait until April. Bank transfer is the most common way for payment for pieces at this level. Escrow, is the only way really, however regardless of the circumstances, the buyer should be contacting PC first to make sure the owner is the registered owner. Then they open an escrow account, transfer the funds, and once all is well release the funds. It is really simple actually. Reality is, neither the buyer NOR the seller should trust someone implicitly from any online forum.
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teabaggins
New Member
🗨️ 930
👍🏻 1,559
November 2018
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by teabaggins on Mar 3, 2020 19:59:26 GMT 1, No one in their right mind is going to bank transfer $65k to someone who just pops up on the forum and sells them such a piece. If they do, they need their head seeing to. Im not casting aspersions on the seller, but come on.. thats crazy Personally I’d ask for payment in full. That’s a long time to not sell it to someone else but maybe that’s just me. It’s just not sold until you have the money. Unless it’s you making the party wait until April. Bank transfer is the most common way for payment for pieces at this level. Its not really that crazy actually... plenty here have done it myself included. With a proper reference check there shouldn’t be a problem. If no references available than I’d probably agree.
My statement was assuming the best and not the worst. That all due diligence has been done already.
No one in their right mind is going to bank transfer $65k to someone who just pops up on the forum and sells them such a piece. If they do, they need their head seeing to. Im not casting aspersions on the seller, but come on.. thats crazy Personally I’d ask for payment in full. That’s a long time to not sell it to someone else but maybe that’s just me. It’s just not sold until you have the money. Unless it’s you making the party wait until April. Bank transfer is the most common way for payment for pieces at this level. Its not really that crazy actually... plenty here have done it myself included. With a proper reference check there shouldn’t be a problem. If no references available than I’d probably agree. My statement was assuming the best and not the worst. That all due diligence has been done already.
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by zeuscarver on Mar 3, 2020 20:04:00 GMT 1, Escrow is a great and solid way to do this. make it the buyer's cost (or split it if you're nice) and then you can both be very secure in your huge sum of money exchanged.
GLWTS
Escrow is a great and solid way to do this. make it the buyer's cost (or split it if you're nice) and then you can both be very secure in your huge sum of money exchanged.
GLWTS
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Sundowner
Junior Member
🗨️ 4,227
👍🏻 2,429
September 2008
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by Sundowner on Mar 3, 2020 21:18:02 GMT 1, yes, and i'm still feeling it today. meanwhile, perhaps someone here can advise me on a few things. the buyer is going to fly from the UK to pick up the piece in early april. i should get a deposit, right? if so, for about how much? and what's the best way for him to get the money to me, in such a way that he feels safe? Then there's the matter of payment when he arrives to get the print. At that point, after he's inspected it, how should we handle the money transfer? i assume some kind of currency conversion has to take place, but I know little about such things. can anyone help? Definitely a non-refundable deposit with a written agreement. I've had so many sales go stale due to time wasters and empty promises. You don't want to be left starting over 2 months down the road. Deposit should be at discretion of yourself and buyer. I would say at least 1k to ensure the buyers validity. The deposit, as it's a smaller amount, can be sent any way. Paypal Friends/Fam or Wire, but ensure you have documentation that it is non-refundable in turn of a cancellation. Transferwise can do the transfer, but I don't believe it's instant, especially when you're talking high dollar values like that. I would say cash would do the trick and a trip to your local banking institution.
Transferwise should take 24 hours, so let the buyer inspect the print, then pay and meet next day once payment has cleared.
yes, and i'm still feeling it today. meanwhile, perhaps someone here can advise me on a few things. the buyer is going to fly from the UK to pick up the piece in early april. i should get a deposit, right? if so, for about how much? and what's the best way for him to get the money to me, in such a way that he feels safe? Then there's the matter of payment when he arrives to get the print. At that point, after he's inspected it, how should we handle the money transfer? i assume some kind of currency conversion has to take place, but I know little about such things. can anyone help? Definitely a non-refundable deposit with a written agreement. I've had so many sales go stale due to time wasters and empty promises. You don't want to be left starting over 2 months down the road. Deposit should be at discretion of yourself and buyer. I would say at least 1k to ensure the buyers validity. The deposit, as it's a smaller amount, can be sent any way. Paypal Friends/Fam or Wire, but ensure you have documentation that it is non-refundable in turn of a cancellation. Transferwise can do the transfer, but I don't believe it's instant, especially when you're talking high dollar values like that. I would say cash would do the trick and a trip to your local banking institution. Transferwise should take 24 hours, so let the buyer inspect the print, then pay and meet next day once payment has cleared.
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Pipes
Junior Member
🗨️ 2,438
👍🏻 2,883
January 2012
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by Pipes on Mar 3, 2020 21:36:04 GMT 1, Definitely a non-refundable deposit with a written agreement. I've had so many sales go stale due to time wasters and empty promises. You don't want to be left starting over 2 months down the road. Deposit should be at discretion of yourself and buyer. I would say at least 1k to ensure the buyers validity. The deposit, as it's a smaller amount, can be sent any way. Paypal Friends/Fam or Wire, but ensure you have documentation that it is non-refundable in turn of a cancellation. Transferwise can do the transfer, but I don't believe it's instant, especially when you're talking high dollar values like that. I would say cash would do the trick and a trip to your local banking institution. Transferwise should take 24 hours, so let the buyer inspect the print, then pay and meet next day once payment has cleared. I recently used Transfer wise for international transfer and it took 3 days.
Definitely a non-refundable deposit with a written agreement. I've had so many sales go stale due to time wasters and empty promises. You don't want to be left starting over 2 months down the road. Deposit should be at discretion of yourself and buyer. I would say at least 1k to ensure the buyers validity. The deposit, as it's a smaller amount, can be sent any way. Paypal Friends/Fam or Wire, but ensure you have documentation that it is non-refundable in turn of a cancellation. Transferwise can do the transfer, but I don't believe it's instant, especially when you're talking high dollar values like that. I would say cash would do the trick and a trip to your local banking institution. Transferwise should take 24 hours, so let the buyer inspect the print, then pay and meet next day once payment has cleared. I recently used Transfer wise for international transfer and it took 3 days.
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Sundowner
Junior Member
🗨️ 4,227
👍🏻 2,429
September 2008
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by Sundowner on Mar 3, 2020 22:00:54 GMT 1, Was that £ to $? I paid a gallery in New York and they received payment the following day...
Was that £ to $? I paid a gallery in New York and they received payment the following day...
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Deleted
🗨️ 0
👍🏻
January 1970
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by Deleted on Mar 3, 2020 22:27:48 GMT 1, Definitely a non-refundable deposit with a written agreement. I've had so many sales go stale due to time wasters and empty promises. You don't want to be left starting over 2 months down the road. Deposit should be at discretion of yourself and buyer. I would say at least 1k to ensure the buyers validity. The deposit, as it's a smaller amount, can be sent any way. Paypal Friends/Fam or Wire, but ensure you have documentation that it is non-refundable in turn of a cancellation. Transferwise can do the transfer, but I don't believe it's instant, especially when you're talking high dollar values like that. I would say cash would do the trick and a trip to your local banking institution. Transferwise should take 24 hours, so let the buyer inspect the print, then pay and meet next day once payment has cleared. [b i've done the escrow account before, with buyer paying the fees and delivering cash, it was about 7.6k from pounds to dollars...almost the same situation, she flew over to FL from the UK
Definitely a non-refundable deposit with a written agreement. I've had so many sales go stale due to time wasters and empty promises. You don't want to be left starting over 2 months down the road. Deposit should be at discretion of yourself and buyer. I would say at least 1k to ensure the buyers validity. The deposit, as it's a smaller amount, can be sent any way. Paypal Friends/Fam or Wire, but ensure you have documentation that it is non-refundable in turn of a cancellation. Transferwise can do the transfer, but I don't believe it's instant, especially when you're talking high dollar values like that. I would say cash would do the trick and a trip to your local banking institution. Transferwise should take 24 hours, so let the buyer inspect the print, then pay and meet next day once payment has cleared. [b i've done the escrow account before, with buyer paying the fees and delivering cash, it was about 7.6k from pounds to dollars...almost the same situation, she flew over to FL from the UK
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Pipes
Junior Member
🗨️ 2,438
👍🏻 2,883
January 2012
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by Pipes on Mar 3, 2020 22:39:41 GMT 1, Was that £ to $? I paid a gallery in New York and they received payment the following day... It was USD to AUS $ - not sure if that was the reason - Australia is quite a long way away so it probably takes longer
Was that £ to $? I paid a gallery in New York and they received payment the following day... It was USD to AUS $ - not sure if that was the reason - Australia is quite a long way away so it probably takes longer
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gross
New Member
🗨️ 180
👍🏻 93
January 2020
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by gross on Mar 3, 2020 23:42:16 GMT 1, Definitely a non-refundable deposit with a written agreement. I've had so many sales go stale due to time wasters and empty promises. You don't want to be left starting over 2 months down the road. Deposit should be at discretion of yourself and buyer. I would say at least 1k to ensure the buyers validity. The deposit, as it's a smaller amount, can be sent any way. Paypal Friends/Fam or Wire, but ensure you have documentation that it is non-refundable in turn of a cancellation. Transferwise can do the transfer, but I don't believe it's instant, especially when you're talking high dollar values like that. I would say cash would do the trick and a trip to your local banking institution. Transferwise should take 24 hours, so let the buyer inspect the print, then pay and meet next day once payment has cleared.
Stay far away from TransferWise, This is one of the worse company to work with, make sure you check google reviews before you give any money to this bunch of scammers....
Definitely a non-refundable deposit with a written agreement. I've had so many sales go stale due to time wasters and empty promises. You don't want to be left starting over 2 months down the road. Deposit should be at discretion of yourself and buyer. I would say at least 1k to ensure the buyers validity. The deposit, as it's a smaller amount, can be sent any way. Paypal Friends/Fam or Wire, but ensure you have documentation that it is non-refundable in turn of a cancellation. Transferwise can do the transfer, but I don't believe it's instant, especially when you're talking high dollar values like that. I would say cash would do the trick and a trip to your local banking institution. Transferwise should take 24 hours, so let the buyer inspect the print, then pay and meet next day once payment has cleared. Stay far away from TransferWise, This is one of the worse company to work with, make sure you check google reviews before you give any money to this bunch of scammers....
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Graham H
Junior Member
🗨️ 2,304
👍🏻 2,417
November 2012
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by Graham H on Mar 3, 2020 23:47:06 GMT 1, I guess we will just have to agree to disagree.. saying that lots of people have already done it is not really a justification.. its fair to say we have all read tales on here of people who have done it ( not for this amount even ) and ended up in trouble...so it works both ways.
Im in not trying to take the higher ground, im just saying that there is no way that I would send that amount of money, by Bank Transfer, two months before I even get to see / collect a print to someone ive communicated with for 24 hours on an open online forum, in a totally different country.. I appreciate all amount of checks can be done to try to verify the print and the seller, but why take that risk when there are other, safer ways to do the transaction.
Just attempting to highlight the risk that is all
No one in their right mind is going to bank transfer $65k to someone who just pops up on the forum and sells them such a piece. If they do, they need their head seeing to. Im not casting aspersions on the seller, but come on.. thats crazy Its not really that crazy actually... plenty here have done it myself included. With a proper reference check there shouldn’t be a problem. If no references available than I’d probably agree. My statement was assuming the best and not the worst. That all due diligence has been done already.
I guess we will just have to agree to disagree.. saying that lots of people have already done it is not really a justification.. its fair to say we have all read tales on here of people who have done it ( not for this amount even ) and ended up in trouble...so it works both ways. Im in not trying to take the higher ground, im just saying that there is no way that I would send that amount of money, by Bank Transfer, two months before I even get to see / collect a print to someone ive communicated with for 24 hours on an open online forum, in a totally different country.. I appreciate all amount of checks can be done to try to verify the print and the seller, but why take that risk when there are other, safer ways to do the transaction. Just attempting to highlight the risk that is all No one in their right mind is going to bank transfer $65k to someone who just pops up on the forum and sells them such a piece. If they do, they need their head seeing to. Im not casting aspersions on the seller, but come on.. thats crazy Its not really that crazy actually... plenty here have done it myself included. With a proper reference check there shouldn’t be a problem. If no references available than I’d probably agree. My statement was assuming the best and not the worst. That all due diligence has been done already.
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Inknart
Junior Member
🗨️ 3,490
👍🏻 3,288
April 2015
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by Inknart on Mar 3, 2020 23:48:59 GMT 1, Transferwise should take 24 hours, so let the buyer inspect the print, then pay and meet next day once payment has cleared. Stay far away from TransferWise, This is one of the worse company to work with, make sure you check google reviews before you give any money to this bunch of scammers.... I did 3 transfers last year equaling around 35k with 0 issues. They were the cheapest and willing to negotiate as well.
Transferwise should take 24 hours, so let the buyer inspect the print, then pay and meet next day once payment has cleared. Stay far away from TransferWise, This is one of the worse company to work with, make sure you check google reviews before you give any money to this bunch of scammers.... I did 3 transfers last year equaling around 35k with 0 issues. They were the cheapest and willing to negotiate as well.
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by Amber Halo on Mar 3, 2020 23:49:08 GMT 1, Transferwise should take 24 hours, so let the buyer inspect the print, then pay and meet next day once payment has cleared. Stay far away from TransferWise, This is one of the worse company to work with, make sure you check google reviews before you give any money to this bunch of scammers.... I am not a fan of TW. They once sent two transfer requests when only one was to be made, done seconds apart, that was caused by some glitch on their end. Their response was basically to have me beg for the "second" payment back from the recipient, which they did (because the recipient was honest).
Transferwise should take 24 hours, so let the buyer inspect the print, then pay and meet next day once payment has cleared. Stay far away from TransferWise, This is one of the worse company to work with, make sure you check google reviews before you give any money to this bunch of scammers.... I am not a fan of TW. They once sent two transfer requests when only one was to be made, done seconds apart, that was caused by some glitch on their end. Their response was basically to have me beg for the "second" payment back from the recipient, which they did (because the recipient was honest).
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teabaggins
New Member
🗨️ 930
👍🏻 1,559
November 2018
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by teabaggins on Mar 4, 2020 0:05:30 GMT 1, I guess we will just have to agree to disagree.. saying that lots of people have already done it is not really a justification.. its fair to say we have all read tales on here of people who have done it ( not for this amount even ) and ended up in trouble...so it works both ways. Im in not trying to take the higher ground, im just saying that there is no way that I would send that amount of money, by Bank Transfer, two months before I even get to see / collect a print to someone ive communicated with for 24 hours on an open online forum, in a totally different country.. I appreciate all amount of checks can be done to try to verify the print and the seller, but why take that risk when there are other, safer ways to do the transaction. Just attempting to highlight the risk that is all Its not really that crazy actually... plenty here have done it myself included. With a proper reference check there shouldn’t be a problem. If no references available than I’d probably agree. My statement was assuming the best and not the worst. That all due diligence has been done already. No fault in highlighting the risks at all.
I guess we will just have to agree to disagree.. saying that lots of people have already done it is not really a justification.. its fair to say we have all read tales on here of people who have done it ( not for this amount even ) and ended up in trouble...so it works both ways. Im in not trying to take the higher ground, im just saying that there is no way that I would send that amount of money, by Bank Transfer, two months before I even get to see / collect a print to someone ive communicated with for 24 hours on an open online forum, in a totally different country.. I appreciate all amount of checks can be done to try to verify the print and the seller, but why take that risk when there are other, safer ways to do the transaction. Just attempting to highlight the risk that is all Its not really that crazy actually... plenty here have done it myself included. With a proper reference check there shouldn’t be a problem. If no references available than I’d probably agree. My statement was assuming the best and not the worst. That all due diligence has been done already. No fault in highlighting the risks at all.
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blerd
Junior Member
🗨️ 1,350
👍🏻 1,203
November 2016
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by blerd on Mar 4, 2020 8:46:33 GMT 1, Stay far away from TransferWise, This is one of the worse company to work with, make sure you check google reviews before you give any money to this bunch of scammers.... I am not a fan of TW. They once sent two transfer requests when only one was to be made, done seconds apart, that was caused by some glitch on their end. Their response was basically to have me beg for the "second" payment back from the recipient, which they did (because the recipient was honest). Wow. That's bad. I've used them for years without a hitch and am a big fan! international can take longer than 24 hours though.
Stay far away from TransferWise, This is one of the worse company to work with, make sure you check google reviews before you give any money to this bunch of scammers.... I am not a fan of TW. They once sent two transfer requests when only one was to be made, done seconds apart, that was caused by some glitch on their end. Their response was basically to have me beg for the "second" payment back from the recipient, which they did (because the recipient was honest). Wow. That's bad. I've used them for years without a hitch and am a big fan! international can take longer than 24 hours though.
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Deleted
🗨️ 0
👍🏻
January 1970
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by Deleted on Mar 4, 2020 9:22:06 GMT 1, I find it hard to understand why you’d ever sell something of this value anywhere other than at auction. Sotheby’s or Christie’s would bite your arm off to sell it and almost certainly reduce the usual 10% commission. It’s more than worth it for the peace of mind, plus you’d probably get a great price on something that comes up so rarely.
All this talk is about minimising your risk of fraud by selling privately. At this value, I’d be looking to eradicate the risk entirely.
I find it hard to understand why you’d ever sell something of this value anywhere other than at auction. Sotheby’s or Christie’s would bite your arm off to sell it and almost certainly reduce the usual 10% commission. It’s more than worth it for the peace of mind, plus you’d probably get a great price on something that comes up so rarely.
All this talk is about minimising your risk of fraud by selling privately. At this value, I’d be looking to eradicate the risk entirely.
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blerd
Junior Member
🗨️ 1,350
👍🏻 1,203
November 2016
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by blerd on Mar 4, 2020 9:42:22 GMT 1, I find it hard to understand why you’d ever sell something of this value anywhere other than at auction. Sotheby’s or Christie’s would bite your arm off to sell it and almost certainly reduce the usual 10% commission. It’s more than worth it for the peace of mind, plus you’d probably get a great price on something that comes up so rarely. All this talk is about minimising your risk of fraud by selling privately. At this value, I’d be looking to eradicate the risk entirely. With respect its not a George Condo Canvas.
I find it hard to understand why you’d ever sell something of this value anywhere other than at auction. Sotheby’s or Christie’s would bite your arm off to sell it and almost certainly reduce the usual 10% commission. It’s more than worth it for the peace of mind, plus you’d probably get a great price on something that comes up so rarely. All this talk is about minimising your risk of fraud by selling privately. At this value, I’d be looking to eradicate the risk entirely. With respect its not a George Condo Canvas.
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vandamme
New Member
🗨️ 297
👍🏻 305
May 2019
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by vandamme on Mar 4, 2020 10:35:30 GMT 1, I have to agree with you, iIf I was spending that much I would fly out
I guess we will just have to agree to disagree.. saying that lots of people have already done it is not really a justification.. its fair to say we have all read tales on here of people who have done it ( not for this amount even ) and ended up in trouble...so it works both ways. Im in not trying to take the higher ground, im just saying that there is no way that I would send that amount of money, by Bank Transfer, two months before I even get to see / collect a print to someone ive communicated with for 24 hours on an open online forum, in a totally different country.. I appreciate all amount of checks can be done to try to verify the print and the seller, but why take that risk when there are other, safer ways to do the transaction. Just attempting to highlight the risk that is all Its not really that crazy actually... plenty here have done it myself included. With a proper reference check there shouldn’t be a problem. If no references available than I’d probably agree. My statement was assuming the best and not the worst. That all due diligence has been done already.
I have to agree with you, iIf I was spending that much I would fly out I guess we will just have to agree to disagree.. saying that lots of people have already done it is not really a justification.. its fair to say we have all read tales on here of people who have done it ( not for this amount even ) and ended up in trouble...so it works both ways. Im in not trying to take the higher ground, im just saying that there is no way that I would send that amount of money, by Bank Transfer, two months before I even get to see / collect a print to someone ive communicated with for 24 hours on an open online forum, in a totally different country.. I appreciate all amount of checks can be done to try to verify the print and the seller, but why take that risk when there are other, safer ways to do the transaction. Just attempting to highlight the risk that is all Its not really that crazy actually... plenty here have done it myself included. With a proper reference check there shouldn’t be a problem. If no references available than I’d probably agree. My statement was assuming the best and not the worst. That all due diligence has been done already.
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Deleted
🗨️ 0
👍🏻
January 1970
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by Deleted on Mar 4, 2020 11:50:41 GMT 1, I find it hard to understand why you’d ever sell something of this value anywhere other than at auction. Sotheby’s or Christie’s would bite your arm off to sell it and almost certainly reduce the usual 10% commission. It’s more than worth it for the peace of mind, plus you’d probably get a great price on something that comes up so rarely. All this talk is about minimising your risk of fraud by selling privately. At this value, I’d be looking to eradicate the risk entirely. With respect its not a George Condo Canvas.
I don’t understand your point. Big auction houses aren’t just interested in paintings worth hundreds of thousands. A print worth £50,000+, and guaranteed to sell, is going to be very interesting to them.
Or are you saying £50k is not enough money to make it worth worrying about fraud?
I find it hard to understand why you’d ever sell something of this value anywhere other than at auction. Sotheby’s or Christie’s would bite your arm off to sell it and almost certainly reduce the usual 10% commission. It’s more than worth it for the peace of mind, plus you’d probably get a great price on something that comes up so rarely. All this talk is about minimising your risk of fraud by selling privately. At this value, I’d be looking to eradicate the risk entirely. With respect its not a George Condo Canvas. I don’t understand your point. Big auction houses aren’t just interested in paintings worth hundreds of thousands. A print worth £50,000+, and guaranteed to sell, is going to be very interesting to them. Or are you saying £50k is not enough money to make it worth worrying about fraud?
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blerd
Junior Member
🗨️ 1,350
👍🏻 1,203
November 2016
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by blerd on Mar 4, 2020 14:33:04 GMT 1, With respect its not a George Condo Canvas. I don’t understand your point. Big auction houses aren’t just interested in paintings worth hundreds of thousands. A print worth £50,000+, and guaranteed to sell, is going to be very interesting to them. Or are you saying £50k is not enough money to make it worth worrying about fraud? Correct. I'm not saying that. A lot of people have that print.
With respect its not a George Condo Canvas. I don’t understand your point. Big auction houses aren’t just interested in paintings worth hundreds of thousands. A print worth £50,000+, and guaranteed to sell, is going to be very interesting to them. Or are you saying £50k is not enough money to make it worth worrying about fraud? Correct. I'm not saying that. A lot of people have that print.
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Deleted
🗨️ 0
👍🏻
January 1970
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by Deleted on Mar 4, 2020 15:38:06 GMT 1, I don’t understand your point. Big auction houses aren’t just interested in paintings worth hundreds of thousands. A print worth £50,000+, and guaranteed to sell, is going to be very interesting to them. Or are you saying £50k is not enough money to make it worth worrying about fraud? Correct. I'm not saying that. A lot of people have that print.
Still have absolutely no idea what point you’re making, sorry.
I don’t understand your point. Big auction houses aren’t just interested in paintings worth hundreds of thousands. A print worth £50,000+, and guaranteed to sell, is going to be very interesting to them. Or are you saying £50k is not enough money to make it worth worrying about fraud? Correct. I'm not saying that. A lot of people have that print. Still have absolutely no idea what point you’re making, sorry.
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blerd
Junior Member
🗨️ 1,350
👍🏻 1,203
November 2016
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by blerd on Mar 4, 2020 15:57:47 GMT 1, Correct. I'm not saying that. A lot of people have that print. Still have absolutely no idea what point you’re making, sorry. have a cup of tea.
Correct. I'm not saying that. A lot of people have that print. Still have absolutely no idea what point you’re making, sorry. have a cup of tea.
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Pipes
Junior Member
🗨️ 2,438
👍🏻 2,883
January 2012
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by Pipes on Mar 12, 2020 2:48:54 GMT 1, yes, and i'm still feeling it today. meanwhile, perhaps someone here can advise me on a few things. the buyer is going to fly from the UK to pick up the piece in early april. i should get a deposit, right? if so, for about how much? and what's the best way for him to get the money to me, in such a way that he feels safe? Then there's the matter of payment when he arrives to get the print. At that point, after he's inspected it, how should we handle the money transfer? i assume some kind of currency conversion has to take place, but I know little about such things. can anyone help?
Lucky wasn’t from Europe !
yes, and i'm still feeling it today. meanwhile, perhaps someone here can advise me on a few things. the buyer is going to fly from the UK to pick up the piece in early april. i should get a deposit, right? if so, for about how much? and what's the best way for him to get the money to me, in such a way that he feels safe? Then there's the matter of payment when he arrives to get the print. At that point, after he's inspected it, how should we handle the money transfer? i assume some kind of currency conversion has to take place, but I know little about such things. can anyone help? Lucky wasn’t from Europe !
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tab1
Full Member
🗨️ 8,519
👍🏻 3,679
September 2011
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by tab1 on Mar 12, 2020 3:00:11 GMT 1, yes, and i'm still feeling it today. meanwhile, perhaps someone here can advise me on a few things. the buyer is going to fly from the UK to pick up the piece in early april. i should get a deposit, right? if so, for about how much? and what's the best way for him to get the money to me, in such a way that he feels safe? Then there's the matter of payment when he arrives to get the print. At that point, after he's inspected it, how should we handle the money transfer? i assume some kind of currency conversion has to take place, but I know little about such things. can anyone help? Lucky wasn’t from Europe ! £2000 non refundable deposit should deem the buyer is committed plus uk will probably be on lockdown by then as trump has already banned flights for 30 days and may extend depending on the situation of covid 19, all art prices are likely to dip so conduct sale soon as if possible . if want a secure sale conducted , you could get a contract written up by a solicitor with deposit conditions and negotiate from sale price 50/50 split on costs. £350-£550 to get a contract sale drawn up
yes, and i'm still feeling it today. meanwhile, perhaps someone here can advise me on a few things. the buyer is going to fly from the UK to pick up the piece in early april. i should get a deposit, right? if so, for about how much? and what's the best way for him to get the money to me, in such a way that he feels safe? Then there's the matter of payment when he arrives to get the print. At that point, after he's inspected it, how should we handle the money transfer? i assume some kind of currency conversion has to take place, but I know little about such things. can anyone help? Lucky wasn’t from Europe ! £2000 non refundable deposit should deem the buyer is committed plus uk will probably be on lockdown by then as trump has already banned flights for 30 days and may extend depending on the situation of covid 19, all art prices are likely to dip so conduct sale soon as if possible . if want a secure sale conducted , you could get a contract written up by a solicitor with deposit conditions and negotiate from sale price 50/50 split on costs. £350-£550 to get a contract sale drawn up
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sfnyc
Junior Member
🗨️ 1,119
👍🏻 1,132
August 2017
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by sfnyc on Mar 12, 2020 3:21:41 GMT 1, Escrow is a great and solid way to do this. make it the buyer's cost (or split it if you're nice) and then you can both be very secure in your huge sum of money exchanged. GLWTS
Not really. I ve seen cases with lawyers refusing to release escrow even with both parties requesting it, turn into sh*t shows
Escrow is a great and solid way to do this. make it the buyer's cost (or split it if you're nice) and then you can both be very secure in your huge sum of money exchanged. GLWTS Not really. I ve seen cases with lawyers refusing to release escrow even with both parties requesting it, turn into sh*t shows
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artbrut22
New Member
🗨️ 69
👍🏻 22
February 2016
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by artbrut22 on May 25, 2020 22:31:27 GMT 1, I assume this is sold but if anyone is looking to sell their blue Choose Your Weapon, please get in touch. Thanks!
I assume this is sold but if anyone is looking to sell their blue Choose Your Weapon, please get in touch. Thanks!
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glap86
New Member
🗨️ 184
👍🏻 165
May 2019
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by glap86 on May 25, 2020 22:44:13 GMT 1, Escrow is a great and solid way to do this. make it the buyer's cost (or split it if you're nice) and then you can both be very secure in your huge sum of money exchanged. GLWTS Not really. I ve seen cases with lawyers refusing to release escrow even with both parties requesting it, turn into sh*t shows
Lawyers work for clients. A lawyer can strongly advise against a certain course of action, but if the client insists, the lawyer’s job is either to do it, refuse and get fired by the client, or to withdraw from representation.
Escrow is a great and solid way to do this. make it the buyer's cost (or split it if you're nice) and then you can both be very secure in your huge sum of money exchanged. GLWTS Not really. I ve seen cases with lawyers refusing to release escrow even with both parties requesting it, turn into sh*t shows Lawyers work for clients. A lawyer can strongly advise against a certain course of action, but if the client insists, the lawyer’s job is either to do it, refuse and get fired by the client, or to withdraw from representation.
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sfnyc
Junior Member
🗨️ 1,119
👍🏻 1,132
August 2017
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by sfnyc on May 26, 2020 3:17:44 GMT 1, Only talking from a bad experience here with a dirty lawyer that wouldnt release funds on the excuse that the large international transaction was suspicious and threatening to report it to authorities (clearly trying to bluff to see if they can get away with it when the whole transaction was legitimate). So yeah beware of lawyers escrow services, especially when dealing in large sums or when documentation is not solid.
Only talking from a bad experience here with a dirty lawyer that wouldnt release funds on the excuse that the large international transaction was suspicious and threatening to report it to authorities (clearly trying to bluff to see if they can get away with it when the whole transaction was legitimate). So yeah beware of lawyers escrow services, especially when dealing in large sums or when documentation is not solid.
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dbm
New Member
🗨️ 723
👍🏻 631
November 2013
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by dbm on May 26, 2020 18:03:08 GMT 1, Great colour... good luck with the sale...
Great colour... good luck with the sale...
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glap86
New Member
🗨️ 184
👍🏻 165
May 2019
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by glap86 on May 26, 2020 18:06:14 GMT 1, Only talking from a bad experience here with a dirty lawyer that wouldnt release funds on the excuse that the large international transaction was suspicious and threatening to report it to authorities (clearly trying to bluff to see if they can get away with it when the whole transaction was legitimate). So yeah beware of lawyers escrow services, especially when dealing in large sums or when documentation is not solid.
You should have filed an ethics complaint against that lawyer.
Only talking from a bad experience here with a dirty lawyer that wouldnt release funds on the excuse that the large international transaction was suspicious and threatening to report it to authorities (clearly trying to bluff to see if they can get away with it when the whole transaction was legitimate). So yeah beware of lawyers escrow services, especially when dealing in large sums or when documentation is not solid. You should have filed an ethics complaint against that lawyer.
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tab1
Full Member
🗨️ 8,519
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September 2011
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Banksy Choose Your Weapon, sky blue, in San Diego, CA, by tab1 on May 26, 2020 23:09:11 GMT 1, Only talking from a bad experience here with a dirty lawyer that wouldnt release funds on the excuse that the large international transaction was suspicious and threatening to report it to authorities (clearly trying to bluff to see if they can get away with it when the whole transaction was legitimate). So yeah beware of lawyers escrow services, especially when dealing in large sums or when documentation is not solid. Just an observation , but sounds like the lawyer could be honest . International drug cartels trade pablo Picasso and monets, mid level traffickers also use art to channels funds across continents , also used to avoid taxes , prices in this urban sector could be viewed the same , especially if the lawyer was unaware of the artist
www.theguardian.com/artanddesign/jonathanjonesblog/2016/sep/30/gangsters-use-of-paintings-as-currency-shows-profound-belief-in-art
www.apollo-magazine.com/5th-anti-money-laundering-directive-uk-art-market/
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