JFCC
New Member
Posts • 390
Likes • 394
May 2020
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Christie's Art Auctions , by JFCC on Mar 13, 2023 15:38:23 GMT 1, This is a really good catalogue, whether it will provide a positive pick up in prices its hard to say with the bad economic (SVB etc) thats around. The Banksy items are a good mix with some rarer bits included as well.
As too Christies, Sotheby's and Phillips v eBay these are the places I would trust to buy and sell. I always find it difficult to believe that people would buy valuable pieces of work through eBay which is a fairly unregulated circus. I guess it's a case of many believing they can spot a fake and can beat the market, maybe they can but I always believe in certainty, get it wrong and you are materially out of pocket with minimal recourse.
When I sell l also know their international reach will draw bidders anyone else in to the market place. As to taking bids off the wall and rooking the sale of items its again all myth and rumour as after all they have reputations to maintain so why would they for a few extra £'s. Reputations are hard won are once lost rarely retrieved!!
Get the popcorn in its going to be interesting watching the bidding close!!
This is a really good catalogue, whether it will provide a positive pick up in prices its hard to say with the bad economic (SVB etc) thats around. The Banksy items are a good mix with some rarer bits included as well.
As too Christies, Sotheby's and Phillips v eBay these are the places I would trust to buy and sell. I always find it difficult to believe that people would buy valuable pieces of work through eBay which is a fairly unregulated circus. I guess it's a case of many believing they can spot a fake and can beat the market, maybe they can but I always believe in certainty, get it wrong and you are materially out of pocket with minimal recourse.
When I sell l also know their international reach will draw bidders anyone else in to the market place. As to taking bids off the wall and rooking the sale of items its again all myth and rumour as after all they have reputations to maintain so why would they for a few extra £'s. Reputations are hard won are once lost rarely retrieved!!
Get the popcorn in its going to be interesting watching the bidding close!!
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Majestic
Junior Member
Posts • 1,000
Likes • 1,334
January 2016
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Christie's Art Auctions , by Majestic on Mar 13, 2023 16:36:39 GMT 1, Some nice lots in there. Interested to see how the Banksy Drone Set (duck and cover) gets on! Currently at 60k but expect that to fly (pardon the pun).
Some nice lots in there. Interested to see how the Banksy Drone Set (duck and cover) gets on! Currently at 60k but expect that to fly (pardon the pun).
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Christie's Art Auctions , by bernardsmate on Mar 13, 2023 18:13:09 GMT 1, Some nice lots in there. Interested to see how the Banksy Drone Set (duck and cover) gets on! Currently at 60k but expect that to fly (pardon the pun). Wonder what the chances are that this lot was consigned direct by pestcontrol?.
Some nice lots in there. Interested to see how the Banksy Drone Set (duck and cover) gets on! Currently at 60k but expect that to fly (pardon the pun).Wonder what the chances are that this lot was consigned direct by pestcontrol?.
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JFCC
New Member
Posts • 390
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May 2020
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Christie's Art Auctions , by JFCC on Mar 13, 2023 18:51:02 GMT 1, There is absolutely no chance whatsoever that it was consigned directly by Pest Control. Every GDP was massively over sold, even the non COA pieces!
There is absolutely no chance whatsoever that it was consigned directly by Pest Control. Every GDP was massively over sold, even the non COA pieces!
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cemltz
New Member
Posts • 407
Likes • 709
October 2022
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Christie's Art Auctions , by cemltz on Mar 13, 2023 20:12:09 GMT 1, Some nice lots in there. Interested to see how the Banksy Drone Set (duck and cover) gets on! Currently at 60k but expect that to fly (pardon the pun).Wonder what the chances are that this lot was consigned direct by pestcontrol?. Zero. Christie’s sent a note out to interested bidders a couple days ago (well after the item was in the catalog) stating they had just received to COA from PC. So very unlikely PC would have initiated an auction without having issued the COA.
Some nice lots in there. Interested to see how the Banksy Drone Set (duck and cover) gets on! Currently at 60k but expect that to fly (pardon the pun).Wonder what the chances are that this lot was consigned direct by pestcontrol?. Zero. Christie’s sent a note out to interested bidders a couple days ago (well after the item was in the catalog) stating they had just received to COA from PC. So very unlikely PC would have initiated an auction without having issued the COA.
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Octopus UK
New Member
Posts • 868
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February 2007
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Christie's Art Auctions , by Octopus UK on Mar 13, 2023 22:43:52 GMT 1, For consistency and relevance, can this be moved to the "Art Auction" section?
For consistency and relevance, can this be moved to the "Art Auction" section?
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acme
New Member
Posts • 189
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November 2013
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Christie's Art Auctions , by acme on Mar 14, 2023 5:12:54 GMT 1, There are lots that doesn't come with a PROVENANCE. And combined with the note "Please note this lot is the property of a consumer." I assume Christies has not inspected the artworks. So what if the condition of something I won is questionable??
There are lots that doesn't come with a PROVENANCE. And combined with the note "Please note this lot is the property of a consumer." I assume Christies has not inspected the artworks. So what if the condition of something I won is questionable??
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JFCC
New Member
Posts • 390
Likes • 394
May 2020
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Christie's Art Auctions , by JFCC on Mar 14, 2023 10:44:47 GMT 1, For those bidding today, good luck, but be aware that most pieces come from the US so will carry an extra 5% on the hammer price.
Only Monkey Queen, Flying Choppers u/s, Love Rat, Get out u/s, Because u/s, QV u/s, LN u/s and Duck and Cover. Duck and cover has had its reserve reduced to £50k
The buyers premium on hammer price up to £700K is 26% + VAT so 31.2% and ARR is 4% to £50k and 3% from £50k to £200k.
For those bidding today, good luck, but be aware that most pieces come from the US so will carry an extra 5% on the hammer price.
Only Monkey Queen, Flying Choppers u/s, Love Rat, Get out u/s, Because u/s, QV u/s, LN u/s and Duck and Cover. Duck and cover has had its reserve reduced to £50k
The buyers premium on hammer price up to £700K is 26% + VAT so 31.2% and ARR is 4% to £50k and 3% from £50k to £200k.
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artearte
New Member
Posts • 355
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August 2015
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Christie's Art Auctions , by artearte on Mar 14, 2023 10:52:53 GMT 1, There is absolutely no chance whatsoever that it was consigned directly by Pest Control. Every GDP was massively over sold, even the non COA pieces! you should know how PC work by now half of the works in auction are form PC
There is absolutely no chance whatsoever that it was consigned directly by Pest Control. Every GDP was massively over sold, even the non COA pieces! you should know how PC work by now half of the works in auction are form PC
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JFCC
New Member
Posts • 390
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May 2020
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Christie's Art Auctions , by JFCC on Mar 14, 2023 10:53:44 GMT 1, There are lots that doesn't come with a PROVENANCE. And combined with the note "Please note this lot is the property of a consumer." I assume Christies has not inspected the artworks. So what if the condition of something I won is questionable?? Sorry, none of that is correct.
Christies do exam everything they catalogue. If you want to get a condition report just request one from Christies and ask for additional HD photos and a video. The reports are pretty accurate TBF but if you bid relying on that report or bid blind caveat emptor unfortunately. If in doubt keep the paddle down!!
The Property point is a reference to allow the enforceability of bid to avoid buyers regret due to the contractual nature with the auction house.
Provenance statements are fairly unusual unless there is something exceptional or relevant. The only ones I noticed is the buyer bought the Kates from Christies and they had come from Steve Lazarides originally.
There are lots that doesn't come with a PROVENANCE. And combined with the note "Please note this lot is the property of a consumer." I assume Christies has not inspected the artworks. So what if the condition of something I won is questionable?? Sorry, none of that is correct. Christies do exam everything they catalogue. If you want to get a condition report just request one from Christies and ask for additional HD photos and a video. The reports are pretty accurate TBF but if you bid relying on that report or bid blind caveat emptor unfortunately. If in doubt keep the paddle down!! The Property point is a reference to allow the enforceability of bid to avoid buyers regret due to the contractual nature with the auction house. Provenance statements are fairly unusual unless there is something exceptional or relevant. The only ones I noticed is the buyer bought the Kates from Christies and they had come from Steve Lazarides originally.
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Christie's Art Auctions , by The Italian One on Mar 14, 2023 10:54:42 GMT 1, always see in person before bidding.. Christies doesn't look to be very precise on conditions report
always see in person before bidding.. Christies doesn't look to be very precise on conditions report
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withnail69
New Member
Posts • 530
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April 2018
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Christie's Art Auctions , by withnail69 on Mar 14, 2023 13:14:47 GMT 1, Anyone know why the invader sculpture is at £6k. Am I missing something?
Anyone know why the invader sculpture is at £6k. Am I missing something?
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cemltz
New Member
Posts • 407
Likes • 709
October 2022
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Christie's Art Auctions , by cemltz on Mar 14, 2023 16:25:13 GMT 1, All over the place, again.
Shrigleys you can buy for £5k going for £7.5k...Invader catching some bids with Kung Fu going for £12k and 3D Little Big Space going for £7.5k (!!!)...a Lady Gaga album you can still buy at source for $2.5K going for £6k...
...and Banksquiat failing to get its £55k reserve...
Christies auctions are a scene these days.
All over the place, again.
Shrigleys you can buy for £5k going for £7.5k...Invader catching some bids with Kung Fu going for £12k and 3D Little Big Space going for £7.5k (!!!)...a Lady Gaga album you can still buy at source for $2.5K going for £6k...
...and Banksquiat failing to get its £55k reserve...
Christies auctions are a scene these days.
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artearte
New Member
Posts • 355
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August 2015
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Christie's Art Auctions , by artearte on Mar 14, 2023 16:36:26 GMT 1, How low banksy prints can go
How low banksy prints can go
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kfroms
Junior Member
Posts • 1,686
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October 2011
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Christie's Art Auctions , by kfroms on Mar 14, 2023 16:49:00 GMT 1, Banksy really is a falling knife at the moment.....
Banksy really is a falling knife at the moment.....
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JFCC
New Member
Posts • 390
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May 2020
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Christie's Art Auctions , by JFCC on Mar 14, 2023 16:51:29 GMT 1, Interesting Auction today, remember on the Banksy pieces that sold you will need to add the import VAT (on most of them), the ARR and the VAT on the premium on all of them as the website only shows hammer plus premium ex VAT at 26%.
As an example Christ with Shopping Bags hammered at £75k and so the buyer will have paid £105.5k which is quite a difference to that shown.
Summary is a slight uptick on signed stuff, unsigned a bit mixed with some slightly oversold pieces not meeting reserve, in what was quiet bidding in a very subdued market especially following the recent banking news. Bargains were the 3 Barely Legal LA prints.
Feel sorry for the seller of the two Kates who didn't get any bids, he paid £201k in September 2021.
Interesting Auction today, remember on the Banksy pieces that sold you will need to add the import VAT (on most of them), the ARR and the VAT on the premium on all of them as the website only shows hammer plus premium ex VAT at 26%.
As an example Christ with Shopping Bags hammered at £75k and so the buyer will have paid £105.5k which is quite a difference to that shown.
Summary is a slight uptick on signed stuff, unsigned a bit mixed with some slightly oversold pieces not meeting reserve, in what was quiet bidding in a very subdued market especially following the recent banking news. Bargains were the 3 Barely Legal LA prints.
Feel sorry for the seller of the two Kates who didn't get any bids, he paid £201k in September 2021.
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cemltz
New Member
Posts • 407
Likes • 709
October 2022
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Christie's Art Auctions , by cemltz on Mar 14, 2023 16:52:52 GMT 1, To be fair, I did contact my Christies person to see if they would offer any incentives to hit the first bid/reserve on the Banksquiat. Got a stern reminder that "...all bidders with us are subject to the same terms regardless of when they place their bid in a sale..."
It's these cycles in the market when the 25-30% friction cost of auctions becomes significant.
To be fair, I did contact my Christies person to see if they would offer any incentives to hit the first bid/reserve on the Banksquiat. Got a stern reminder that "...all bidders with us are subject to the same terms regardless of when they place their bid in a sale..." It's these cycles in the market when the 25-30% friction cost of auctions becomes significant.
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Richy Rich
New Member
Posts • 613
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September 2020
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Christie's Art Auctions , by Richy Rich on Mar 14, 2023 16:54:22 GMT 1, Looks like we're close to being back to the days of £10k basement level unsigned prints. I can hear the bedroom dealers rubbing their hands with glee....
On an unrelated note I'm looking for unsigned Banksy prints around £10k for my 'collection'
Looks like we're close to being back to the days of £10k basement level unsigned prints. I can hear the bedroom dealers rubbing their hands with glee....
On an unrelated note I'm looking for unsigned Banksy prints around £10k for my 'collection'
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Christie's Art Auctions , by The Italian One on Mar 14, 2023 17:10:01 GMT 1, never thought would be cheaper to buy on Christie's Auctions than privately on here!!
never thought would be cheaper to buy on Christie's Auctions than privately on here!!
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Christie's Art Auctions , by from mjolnir on Mar 14, 2023 17:10:11 GMT 1, All over the place, again. Shrigleys you can buy for £5k going for £7.5k...Invader catching some bids with Kung Fu going for £12k and 3D Little Big Space going for £7.5k (!!!)...a Lady Gaga album you can still buy at source for $2.5K going for £6k... ...and Banksquiat failing to get its £55k reserve... Christies auctions are a scene these days. Not to mention the really crappy Figgis print going for £6k (700eu last year) and the two Empresses going for £5k and 7k when the full set didn't sell. What a world
All over the place, again. Shrigleys you can buy for £5k going for £7.5k...Invader catching some bids with Kung Fu going for £12k and 3D Little Big Space going for £7.5k (!!!)...a Lady Gaga album you can still buy at source for $2.5K going for £6k... ...and Banksquiat failing to get its £55k reserve... Christies auctions are a scene these days. Not to mention the really crappy Figgis print going for £6k (700eu last year) and the two Empresses going for £5k and 7k when the full set didn't sell. What a world
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orchid
Junior Member
Posts • 1,450
Likes • 1,135
May 2018
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Christie's Art Auctions , by orchid on Mar 14, 2023 17:10:46 GMT 1, Sone poor results. Phillips do these sort of auctions better with the contemporary/ultra contemporary editions sector, different audience.
Sone poor results. Phillips do these sort of auctions better with the contemporary/ultra contemporary editions sector, different audience.
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drbf
New Member
Posts • 292
Likes • 160
December 2017
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Christie's Art Auctions , by drbf on Mar 14, 2023 18:07:54 GMT 1, Interesting Auction today, remember on the Banksy pieces that sold you will need to add the import VAT (on most of them), the ARR and the VAT on the premium on all of them as the website only shows hammer plus premium ex VAT at 26%. As an example Christ with Shopping Bags hammered at £75k and so the buyer will have paid £105.5k which is quite a difference to that shown. Summary is a slight uptick on signed stuff, unsigned a bit mixed with some slightly oversold pieces not meeting reserve, in what was quiet bidding in a very subdued market especially following the recent banking news. Bargains were the 3 Barely Legal LA prints. Feel sorry for the seller of the two Kates who didn't get any bids, he paid £201k in September 2021. These two Kates did not sell in the Phillips auction last month!
Interesting Auction today, remember on the Banksy pieces that sold you will need to add the import VAT (on most of them), the ARR and the VAT on the premium on all of them as the website only shows hammer plus premium ex VAT at 26%. As an example Christ with Shopping Bags hammered at £75k and so the buyer will have paid £105.5k which is quite a difference to that shown. Summary is a slight uptick on signed stuff, unsigned a bit mixed with some slightly oversold pieces not meeting reserve, in what was quiet bidding in a very subdued market especially following the recent banking news. Bargains were the 3 Barely Legal LA prints. Feel sorry for the seller of the two Kates who didn't get any bids, he paid £201k in September 2021. These two Kates did not sell in the Phillips auction last month!
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JFCC
New Member
Posts • 390
Likes • 394
May 2020
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Christie's Art Auctions , by JFCC on Mar 14, 2023 18:21:28 GMT 1, Interesting Auction today, remember on the Banksy pieces that sold you will need to add the import VAT (on most of them), the ARR and the VAT on the premium on all of them as the website only shows hammer plus premium ex VAT at 26%. As an example Christ with Shopping Bags hammered at £75k and so the buyer will have paid £105.5k which is quite a difference to that shown. Summary is a slight uptick on signed stuff, unsigned a bit mixed with some slightly oversold pieces not meeting reserve, in what was quiet bidding in a very subdued market especially following the recent banking news. Bargains were the 3 Barely Legal LA prints. Feel sorry for the seller of the two Kates who didn't get any bids, he paid £201k in September 2021. These two Kates did not sell in the Phillips auction last month! You are correct they were at Phillips in October last year...really strange that the seller has had to part with them so quickly after purchasing them at what would be a sizeable loss!!
I also think we are still some way from £10k prints TBF and this auction I think will show a slight overall uptick in the general pricing. Just my view!
Interesting Auction today, remember on the Banksy pieces that sold you will need to add the import VAT (on most of them), the ARR and the VAT on the premium on all of them as the website only shows hammer plus premium ex VAT at 26%. As an example Christ with Shopping Bags hammered at £75k and so the buyer will have paid £105.5k which is quite a difference to that shown. Summary is a slight uptick on signed stuff, unsigned a bit mixed with some slightly oversold pieces not meeting reserve, in what was quiet bidding in a very subdued market especially following the recent banking news. Bargains were the 3 Barely Legal LA prints. Feel sorry for the seller of the two Kates who didn't get any bids, he paid £201k in September 2021. These two Kates did not sell in the Phillips auction last month! You are correct they were at Phillips in October last year...really strange that the seller has had to part with them so quickly after purchasing them at what would be a sizeable loss!! I also think we are still some way from £10k prints TBF and this auction I think will show a slight overall uptick in the general pricing. Just my view!
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Rude Copper
Junior Member
Posts • 1,048
Likes • 182
November 2006
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Christie's Art Auctions , by Rude Copper on Mar 14, 2023 19:23:44 GMT 1, The hangover of 12 years of cheap money is about to kick in, there will be a lot of art being sold imo, banksy, has been touted as being a solid investment, will fare worse than most imo
The hangover of 12 years of cheap money is about to kick in, there will be a lot of art being sold imo, banksy, has been touted as being a solid investment, will fare worse than most imo
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Richy Rich
New Member
Posts • 613
Likes • 852
September 2020
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Christie's Art Auctions , by Richy Rich on Mar 14, 2023 19:37:25 GMT 1, These two Kates did not sell in the Phillips auction last month! You are correct they were at Phillips in October last year...really strange that the seller has had to part with them so quickly after purchasing them at what would be a sizeable loss!! I also think we are still some way from £10k prints TBF and this auction I think will show a slight overall uptick in the general pricing. Just my view! There’s already a WSM on here for sale for £12k ish so we’re not a million miles away.
These two Kates did not sell in the Phillips auction last month! You are correct they were at Phillips in October last year...really strange that the seller has had to part with them so quickly after purchasing them at what would be a sizeable loss!! I also think we are still some way from £10k prints TBF and this auction I think will show a slight overall uptick in the general pricing. Just my view! There’s already a WSM on here for sale for £12k ish so we’re not a million miles away.
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JFCC
New Member
Posts • 390
Likes • 394
May 2020
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Christie's Art Auctions , by JFCC on Mar 14, 2023 19:45:51 GMT 1, You are correct they were at Phillips in October last year...really strange that the seller has had to part with them so quickly after purchasing them at what would be a sizeable loss!! I also think we are still some way from £10k prints TBF and this auction I think will show a slight overall uptick in the general pricing. Just my view! There’s already a WSM on here for sale for £12k ish so we’re not a million miles away. Wow, well if thats the case can you send me the link as I may well buy that to move it on...unless it's been screwed up and has blue tack on the corners!! Love a bargain!!
You are correct they were at Phillips in October last year...really strange that the seller has had to part with them so quickly after purchasing them at what would be a sizeable loss!! I also think we are still some way from £10k prints TBF and this auction I think will show a slight overall uptick in the general pricing. Just my view! There’s already a WSM on here for sale for £12k ish so we’re not a million miles away. Wow, well if thats the case can you send me the link as I may well buy that to move it on...unless it's been screwed up and has blue tack on the corners!! Love a bargain!!
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Richy Rich
New Member
Posts • 613
Likes • 852
September 2020
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Christie's Art Auctions , by Richy Rich on Mar 14, 2023 19:52:18 GMT 1, There’s already a WSM on here for sale for £12k ish so we’re not a million miles away. Wow, well if thats the case can you send me the link as I may well buy that to move it on...unless it's been screwed up and has blue tack on the corners!! Love a bargain!! It’s over in the Banksy wanted section for some reason. It’s Stateside. $15k so a touch over £12k
There’s already a WSM on here for sale for £12k ish so we’re not a million miles away. Wow, well if thats the case can you send me the link as I may well buy that to move it on...unless it's been screwed up and has blue tack on the corners!! Love a bargain!! It’s over in the Banksy wanted section for some reason. It’s Stateside. $15k so a touch over £12k
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Majestic
Junior Member
Posts • 1,000
Likes • 1,334
January 2016
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Christie's Art Auctions , by Majestic on Mar 14, 2023 20:57:22 GMT 1, What was the final 'all in' price on the drones, including fees etc?
Thanks
What was the final 'all in' price on the drones, including fees etc?
Thanks
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Jonas B
Junior Member
Posts • 1,442
Likes • 1,596
February 2021
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Christie's Art Auctions , by Jonas B on Mar 14, 2023 21:06:40 GMT 1, Just seen the results. Bad day for Banksy prints and looks like low confidence could be around for a while. A good time to pick up that Banksy you always wanted - one day you may see this dip as an opportunity missed.
Just seen the results. Bad day for Banksy prints and looks like low confidence could be around for a while. A good time to pick up that Banksy you always wanted - one day you may see this dip as an opportunity missed.
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JFCC
New Member
Posts • 390
Likes • 394
May 2020
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Christie's Art Auctions , by JFCC on Mar 14, 2023 21:34:33 GMT 1, What was the final 'all in' price on the drones, including fees etc? Thanks The all in price Inc import duty, premium, VAT and ARR was £84.6k
What was the final 'all in' price on the drones, including fees etc? Thanks The all in price Inc import duty, premium, VAT and ARR was £84.6k
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