Thanks
So is the price realised on Christie’s website including buyers premium?

There were no last minute bids. Only Laugh Now signed had a bid in the timer and that was the first bid on it, £85k.

Banksy market now dead. All good things must come to an end, what goes up must come down. Etc.

"Dead" seems strong. We're still talking enormous sums for prints, especially if you bought at retail, and only two passed. If you bought last year it's not great, of course.

Three passes, Rude Copper also

Dead!!!! Hardly!!


The market it has gone through a period of correction and some prints are still doing very well. Last year it overheated and so a period of normalisation is not to be afraid of, it actually offers a lot of opportunities.

The biggest issue has been market saturation with too many sales of the more common prints. some of the prices achieved were actually pretty reasonable, some were not however!! But thats the nature of a market, it is certainly far from dead!

Greed prevails, prints have increased year on year for the last 8 years and some people expect this to carry on continually

Wow, that's a huge drop on the 'love is in the air'. The signed haven't fallen that much and those Kate's seem to consistently fetch nice sums. The unsigned continue to drop back as a lot on here predicted. How far will they drop is the question? 😬😬.

Any big auctions coming up?

Jesus. How much do you need the market to drop before you can finally buy one and stop with all this weird schoolyard hair pulling. It’s obvious you have a huge Banksy boner. Embrace it.

A little confused with your math
Take laugh now and stop n search, they were hammer+bp £100, and £87 respectively. You have various vat premiums of 7k (7%) more on the 100k laugh now , versus 10k (11%) more for the 87k SnS

Well said.

I just have to add to that : I think the correction is now more based on taste, on the quality of the print. When you see prints still going up (the CYW grey from yesterday shattered the record), Trolley still going up while some prints are heavily, heavily correcting down. The results are in line with the survery / thread done here a year ago of what is your favorite print. The one who got the most vote aren't the one who are getting a huge correction and are still in demand


People are just not buying a banksy now "to invest", buying any print, hoping to make 5% a month and sell 12 months later. That market is now dead, you don't see people here looking to buy anything like a year ago. Last year where it was basically the new bitcoin.. The Bankscoin. Now tt's more discriminating.

I think the people buying are now buying to display, of course to invest a bit still - so I expect the overall banksy index to stabilize while some prints will keep on going up while some will keep correcting.

Just my two bits. Of course someone is gonna say I'm wrong, it's the internet

Maybe I’m slow and apologies if so, still doesn’t make sense. Even with a sliding scale arr, stop n search isn’t going to have 4K more arr than the higher priced laugh now

LN had import VAT on the hammer price