I disagree. New fans are going crazy over a print of a ferris wheel, some shitty looking cushions with a silly phrase on them, a simple spray can and a print that shits on people for buying his art. Although I love your outlook on the reasons, I don’t share that same positive interpretation as the reason for the influx of new fans. I’ve been looking at the tsunami wave. It’s financial, not emotional.

UAA is not the center of the world.
In my case, I won a Banksquiat. I was searching in internet for news regarding the shipment and then, and only then, I found that forum. I really liked it and I stayed
I know several other people with the same story

So, we, the lucky winners (who besides, in your opinion seems we didn’t like Banksy as we were not in the forum), are guilty for the crazy rise of prices in 2020?? People spending 620£ in a Banksy print?

I think you are wrong

I love easy questions!

Without a doubt Banksy brought worldwide attention to a flourishing scene, but 3-8kusd for a large editioned screen print that is less than a year old! N-word please! Non-sense.

One lesson I never forgot in my economics course was "opportunity cost". What else could you buy for that same money. Now since the way the original poster phrased the question leads one to think strictly in terms of investment, it is very hard to justify the prices for most of his editions. You cant turn around without tripping over another artist which you could buy for similar money that will have exponentially greater growth over the long term (strictly talking Banksy prints vs other artist originals. Banksy originals are another conversation). Im not going to start naming artists, but let's say that the only reason I have been able to afford an art collection is because of people over paying for signed Banksy prints I was fortunate enough to buy at source. While I love the works I have on my walls and get a ton of non-monetary fulfillment from them on a daily basis, there is no doubt in my mind that selling those prints to buy what I collect was a no brainer investment wise.

Time will tell of course, but I am very confident that investment wise I made very wise decisions. More so, the enjoyment I get living with the unique works or art I was able to buy, is, without trying to sound corny, f**king priceless.

would love to hear others chime in on this. Seems it could be an interesting debate. Furthermore, I think Banksy would approve of what Ive done. After all, his work turned me into a life long art appreciator and collector. It has allowed me to support other artists' careers and watch the flourish. Ill also add, these stupid POW lotteries have made it very difficult for me to add to my collection in the recent past...Bring back the old school bun fight where I had a chance.

at this moment in time. WAY over priced. Look at what people are paying for Choose Your Weapon. Oooof. I hope they love them, because in 5-10 years time, they will not be holding their value.

urbanartassociation.com/thread/131626/banksy-prices-fall?page=2
A few members comparisons to the Warhol and haring market in the way of available pieces they may effect the market
Banksy has now overtaken Warhol in the print market .
What do basquait screen prints sell for ?

Was his post wrong? Not terribly so. It was a logical conclusion based on evidence present at the time.

What it didn't foresee was the art-world shift to Instagram, the manipulation in the Banksy print market by large inventory holders in order to run up prices, the choking off of supply by Pest Control/Banksy inc., and the dramatic run-up in collectibles market over the last year (that has less to do with inherent value of collectibles and more to do with both crypto money and with general social malaise/a trend towards infantilism).

When you hear hoofbeats, think horses not zebras. That is true the vast majority of the time. Occasionally, it is a zebra. Occasionally, you get how the Banksy market turned out.