cemltz
New Member
🗨️ 497
👍🏻 922
October 2022
|
Christie's Art Auctions , by cemltz on Feb 28, 2023 16:52:26 GMT 1, Halfway through, Christie's certainly not blowing the doors off...might be a tough week for sellers...good to be a buyer!
Halfway through, Christie's certainly not blowing the doors off...might be a tough week for sellers...good to be a buyer!
|
|
cemltz
New Member
🗨️ 497
👍🏻 922
October 2022
|
Christie's Art Auctions , by cemltz on Feb 28, 2023 17:08:47 GMT 1, Not a particularly packed crowd...
Not a particularly packed crowd... |
|
sevrin
New Member
🗨️ 796
👍🏻 1,050
February 2022
|
Christie's Art Auctions , by sevrin on Feb 28, 2023 17:21:03 GMT 1, The Christie's auctioneer is making me LMAO, it's like she is comparing a game show! 
The Christie's auctioneer is making me LMAO, it's like she is comparing a game show! |
|
|
|
Christie's Art Auctions , by Art is fun on Mar 1, 2023 1:23:56 GMT 1, Auction tomorrow at 5 AM PST
Auction tomorrow at 5 AM PST
|
|
|
|
Christie's Art Auctions , by Art is fun on Mar 1, 2023 16:42:38 GMT 1, Happening now.
Happening now.
|
|
|
|
Christie's Art Auctions , by Art is fun on Mar 9, 2023 5:34:54 GMT 1, Auction in 33 hours.
Auction in 33 hours.
|
|
|
|
|
|
Christie's Art Auctions , by Art is fun on Mar 9, 2023 5:38:23 GMT 1, Auction in 8 hours.
Auction in 8 hours.
|
|
Johnny Sarcasm
New Member
🗨️ 614
👍🏻 677
Member is Online
November 2018
|
Christie's Art Auctions , by Johnny Sarcasm on Mar 9, 2023 8:15:45 GMT 1, Art is fun but you’re not.
Art is fun but you’re not.
|
|
Londown 01
Junior Member
🗨️ 1,215
👍🏻 1,013
Member is Online
September 2021
|
Christie's Art Auctions , by Londown 01 on Mar 9, 2023 8:27:03 GMT 1, What is your / his agenda? I don't get it
What is your / his agenda? I don't get it
|
|
|
|
Christie's Art Auctions , by Theories 123 on Mar 9, 2023 11:29:22 GMT 1, Christies Contemporary Edition: London
28 FEB 2PM - 14 MAR 2PM GMT | ONLINE 21497
Invader 3D Little Big Space currently sat at £3500 after 27 bids, 5 days remaining. Am I missing something?...
Christies Contemporary Edition: London
28 FEB 2PM - 14 MAR 2PM GMT | ONLINE 21497
Invader 3D Little Big Space currently sat at £3500 after 27 bids, 5 days remaining. Am I missing something?...
|
|
artfan99
New Member
🗨️ 82
👍🏻 36
November 2017
|
Christie's Art Auctions , by artfan99 on Mar 9, 2023 14:38:54 GMT 1, yes the Invader 3D is interesting, and didn't a thread here just mention 700 for one? Days left in auction, so we'll see what it gets to. And the banksy pieces moving or not
yes the Invader 3D is interesting, and didn't a thread here just mention 700 for one? Days left in auction, so we'll see what it gets to. And the banksy pieces moving or not
|
|
sevrin
New Member
🗨️ 796
👍🏻 1,050
February 2022
|
Christie's Art Auctions , by sevrin on Mar 9, 2023 16:46:39 GMT 1, Christies Contemporary Edition: London 28 FEB 2PM - 14 MAR 2PM GMT | ONLINE 21497 Invader 3D Little Big Space currently sat at £3500 after 27 bids, 5 days remaining. Am I missing something?...
Maybe someone holding multiples trying to manipulate the current market price.
Christies Contemporary Edition: London 28 FEB 2PM - 14 MAR 2PM GMT | ONLINE 21497 Invader 3D Little Big Space currently sat at £3500 after 27 bids, 5 days remaining. Am I missing something?... This definitely smacks of a 'shill bidding' scam, nobody in their right mind is going to bid 3.5k + fees for one of these when you can go and buy one from elsewhere for around £700 - £1000! Maybe someone holding multiples trying to manipulate the current market price. |
|
Dice
Junior Member
🗨️ 2,234
👍🏻 1,526
October 2011
|
|
|
Rsyok
Junior Member
🗨️ 3,375
👍🏻 507
January 2008
|
|
|
|
|
acme
New Member
🗨️ 189
👍🏻 128
November 2013
|
|
|
LJCal
Junior Member
🗨️ 2,980
👍🏻 4,523
December 2019
|
Christie's Art Auctions , by LJCal on Mar 12, 2023 7:57:21 GMT 1, Those your pieces?
In fairness I have a few bits in this auction so feel free to promote!
Those your pieces? In fairness I have a few bits in this auction so feel free to promote! |
|
acme
New Member
🗨️ 189
👍🏻 128
November 2013
|
Christie's Art Auctions , by acme on Mar 12, 2023 16:41:07 GMT 1, Those your pieces? In fairness I have a few bits in this auction so feel free to promote!
No, not my pieces. I just promote street art.
Though one piece might be mine as I'm interested in a certain lot but not Banksy 
I don't understand "Please note this lot is the property of a consumer. See H1 of the Conditions of Sale." Does that mean Christie's did not inspect the artworks? I can't find H1 in the conditions of sale!
Those your pieces? In fairness I have a few bits in this auction so feel free to promote! No, not my pieces. I just promote street art. Though one piece might be mine as I'm interested in a certain lot but not Banksy I don't understand "Please note this lot is the property of a consumer. See H1 of the Conditions of Sale." Does that mean Christie's did not inspect the artworks? I can't find H1 in the conditions of sale! |
|
cemltz
New Member
🗨️ 497
👍🏻 922
October 2022
|
Christie's Art Auctions , by cemltz on Mar 12, 2023 17:25:19 GMT 1, Those your pieces? In fairness I have a few bits in this auction so feel free to promote! No, not my pieces. I just promote street art. Though one piece might be mine as I'm interested in a certain lot but not Banksy I don't understand "Please note this lot is the property of a consumer. See H1 of the Conditions of Sale." Does that mean Christie's did not inspect the artworks? I can't find H1 in the conditions of sale!
The clause has to do with EU and UK consumer rights. Basically, if you buy something from a business you have the right to cancel the transaction/return the item. So if you were buying from Christie’s, you could just cancel after the fact. To get around that, Christie’s makes it clear that they are not taking possession of the item, therefore they cannot legally be the party selling it it, therefore those protections do not apply. You are buying it from an individual (the “consumer”), entering in to said contract, and your bid is binding. Roughly.
Those your pieces? In fairness I have a few bits in this auction so feel free to promote! No, not my pieces. I just promote street art. Though one piece might be mine as I'm interested in a certain lot but not Banksy I don't understand "Please note this lot is the property of a consumer. See H1 of the Conditions of Sale." Does that mean Christie's did not inspect the artworks? I can't find H1 in the conditions of sale! The clause has to do with EU and UK consumer rights. Basically, if you buy something from a business you have the right to cancel the transaction/return the item. So if you were buying from Christie’s, you could just cancel after the fact. To get around that, Christie’s makes it clear that they are not taking possession of the item, therefore they cannot legally be the party selling it it, therefore those protections do not apply. You are buying it from an individual (the “consumer”), entering in to said contract, and your bid is binding. Roughly. |
|
|
|
Christie's Art Auctions , by its all about me on Mar 12, 2023 17:26:51 GMT 1, Those your pieces? In fairness I have a few bits in this auction so feel free to promote! No, not my pieces. I just promote street art. Though one piece might be mine as I'm interested in a certain lot but not Banksy I don't understand "Please note this lot is the property of a consumer. See H1 of the Conditions of Sale." Does that mean Christie's did not inspect the artworks? I can't find H1 in the conditions of sale!
It's nearly half way down this page...
www.christies.com/pdf/onlineonly/EcommerceConditionsOfSale-London-10JUN22.pdf
Those your pieces? In fairness I have a few bits in this auction so feel free to promote! No, not my pieces. I just promote street art. Though one piece might be mine as I'm interested in a certain lot but not Banksy I don't understand "Please note this lot is the property of a consumer. See H1 of the Conditions of Sale." Does that mean Christie's did not inspect the artworks? I can't find H1 in the conditions of sale! H1 is about your legal rights if you want to cancel the purchase. Doesn't say anything about inspection though. It's nearly half way down this page... www.christies.com/pdf/onlineonly/EcommerceConditionsOfSale-London-10JUN22.pdf |
|
topboy
New Member
🗨️ 122
👍🏻 141
February 2020
|
Christie's Art Auctions , by topboy on Mar 12, 2023 18:26:29 GMT 1, INVADER (B. 1969)
3D Little Big Space
Current Bid (34 Bids)GBP 5,500
INVADER (B. 1969)
3D Little Big Space
Current Bid (34 Bids)GBP 5,500
|
|
sevrin
New Member
🗨️ 796
👍🏻 1,050
February 2022
|
Christie's Art Auctions , by sevrin on Mar 12, 2023 18:31:47 GMT 1, INVADER (B. 1969) 3D Little Big Space Current Bid (34 Bids)GBP
Shock Horror!............ 
INVADER (B. 1969) 3D Little Big Space Current Bid (34 Bids)GBP Among the types of auction fraud, the most prominent is Shill bidding. Shill bidding is intentionally fake bidding by a seller on his/her own auction to inflate the final price. This can be accomplished either by the seller himself/herself or by someone colluding with the seller to place fake bids on his/her behalf. Shock Horror!............ |
|
|
|
Christie's Art Auctions , by billybob1969 on Mar 12, 2023 19:58:29 GMT 1, INVADER (B. 1969) 3D Little Big Space Current Bid (34 Bids)GBP Among the types of auction fraud, the most prominent is Shill bidding. Shill bidding is intentionally fake bidding by a seller on his/her own auction to inflate the final price. This can be accomplished either by the seller himself/herself or by someone colluding with the seller to place fake bids on his/her behalf. Shock Horror!............
INVADER (B. 1969) 3D Little Big Space Current Bid (34 Bids)GBP Among the types of auction fraud, the most prominent is Shill bidding. Shill bidding is intentionally fake bidding by a seller on his/her own auction to inflate the final price. This can be accomplished either by the seller himself/herself or by someone colluding with the seller to place fake bids on his/her behalf. Shock Horror!............ interesting. Presumably you have some evidence of this? Or is it just rampant speculation? |
|
|
|
acme
New Member
🗨️ 189
👍🏻 128
November 2013
|
Christie's Art Auctions , by acme on Mar 12, 2023 20:35:41 GMT 1, INVADER (B. 1969) 3D Little Big Space Current Bid (34 Bids)GBP Among the types of auction fraud, the most prominent is Shill bidding. Shill bidding is intentionally fake bidding by a seller on his/her own auction to inflate the final price. This can be accomplished either by the seller himself/herself or by someone colluding with the seller to place fake bids on his/her behalf. Shock Horror!............
Hm,
you can't compare ebay auctions and auctions houses. At auction houses you expect some sort of vetting and collectors are willing to pay for that. I got scammed a couple of times on ebay so I started to look elsewhere and I'm paying premium to not end up with a total loss. In addition to that shill bidding happens at auction houses as well on ebay.
INVADER (B. 1969) 3D Little Big Space Current Bid (34 Bids)GBP Among the types of auction fraud, the most prominent is Shill bidding. Shill bidding is intentionally fake bidding by a seller on his/her own auction to inflate the final price. This can be accomplished either by the seller himself/herself or by someone colluding with the seller to place fake bids on his/her behalf. Shock Horror!............ Hm, you can't compare ebay auctions and auctions houses. At auction houses you expect some sort of vetting and collectors are willing to pay for that. I got scammed a couple of times on ebay so I started to look elsewhere and I'm paying premium to not end up with a total loss. In addition to that shill bidding happens at auction houses as well on ebay. |
|
|
|
Christie's Art Auctions , by Pete the Post on Mar 12, 2023 20:41:56 GMT 1, INVADER (B. 1969) 3D Little Big Space Current Bid (34 Bids)GBP Among the types of auction fraud, the most prominent is Shill bidding. Shill bidding is intentionally fake bidding by a seller on his/her own auction to inflate the final price. This can be accomplished either by the seller himself/herself or by someone colluding with the seller to place fake bids on his/her behalf. Shock Horror!............
INVADER (B. 1969) 3D Little Big Space Current Bid (34 Bids)GBP Among the types of auction fraud, the most prominent is Shill bidding. Shill bidding is intentionally fake bidding by a seller on his/her own auction to inflate the final price. This can be accomplished either by the seller himself/herself or by someone colluding with the seller to place fake bids on his/her behalf. Shock Horror!............ So if i run with YOUR (i want nothing to do with any blame!) theory here, do you think they have pushed a paying bidder to this level, or do you think they will crate a no sale for their own item? |
|
sevrin
New Member
🗨️ 796
👍🏻 1,050
February 2022
|
Christie's Art Auctions , by sevrin on Mar 12, 2023 21:46:26 GMT 1, Among the types of auction fraud, the most prominent is Shill bidding. Shill bidding is intentionally fake bidding by a seller on his/her own auction to inflate the final price. This can be accomplished either by the seller himself/herself or by someone colluding with the seller to place fake bids on his/her behalf. Shock Horror!............ So if i run with YOUR (i want nothing to do with any blame!) theory here, do you think they have pushed a paying bidder to this level, or do you think they will crate a no sale for their own item?
Among the types of auction fraud, the most prominent is Shill bidding. Shill bidding is intentionally fake bidding by a seller on his/her own auction to inflate the final price. This can be accomplished either by the seller himself/herself or by someone colluding with the seller to place fake bids on his/her behalf. Shock Horror!............ So if i run with YOUR (i want nothing to do with any blame!) theory here, do you think they have pushed a paying bidder to this level, or do you think they will crate a no sale for their own item? I don't believe the bids are genuine no. It makes no sense to pay the equivalent of 8k after fees for a piece you can pick up for £750 on multiple platforms. |
|
Harveyn
Full Member
🗨️ 7,743
👍🏻 4,899
July 2007
|
Christie's Art Auctions , by Harveyn on Mar 12, 2023 21:46:42 GMT 1, Whilst its not legal for a seller to bid on their own auction there is nothing illegal about an acquaintance doing so.
Auction houses are legally allowed to bid themselves if there's only one bidder to “run them up” to the reserve price, by bidding against them. However, if their highest bid is still lower than the reserve price then the item will not sell.
Known as "Off The Wall".
Effectively if an auctioneer is auctioning a lot but the level of bidding has not reached the reserve price, the auctioneer is permitted by statue to bid on behalf of the vendor.
Whilst its not legal for a seller to bid on their own auction there is nothing illegal about an acquaintance doing so.
Auction houses are legally allowed to bid themselves if there's only one bidder to “run them up” to the reserve price, by bidding against them. However, if their highest bid is still lower than the reserve price then the item will not sell.
Known as "Off The Wall".
Effectively if an auctioneer is auctioning a lot but the level of bidding has not reached the reserve price, the auctioneer is permitted by statue to bid on behalf of the vendor.
|
|
sevrin
New Member
🗨️ 796
👍🏻 1,050
February 2022
|
Christie's Art Auctions , by sevrin on Mar 12, 2023 21:48:18 GMT 1, Among the types of auction fraud, the most prominent is Shill bidding. Shill bidding is intentionally fake bidding by a seller on his/her own auction to inflate the final price. This can be accomplished either by the seller himself/herself or by someone colluding with the seller to place fake bids on his/her behalf. Shock Horror!............ interesting. Presumably you have some evidence of this? Or is it just rampant speculation?
Among the types of auction fraud, the most prominent is Shill bidding. Shill bidding is intentionally fake bidding by a seller on his/her own auction to inflate the final price. This can be accomplished either by the seller himself/herself or by someone colluding with the seller to place fake bids on his/her behalf. Shock Horror!............ interesting. Presumably you have some evidence of this? Or is it just rampant speculation? Just my opinion. would you pay 8k after fees for a piece you can get many other places for £750 or even less? doesn't make sense! |
|
Harveyn
Full Member
🗨️ 7,743
👍🏻 4,899
July 2007
|
Christie's Art Auctions , by Harveyn on Mar 12, 2023 21:52:57 GMT 1, Which is why people quoting the value works are bid up to whilst not selling is a nonsense and not worth taking into consideration if considering market value.
Then you have "Bought In" were the auction house buys the work. Often used by auction houses to get high end works to auction whilst guaranteeing the work is not burnt.
Which is why people quoting the value works are bid up to whilst not selling is a nonsense and not worth taking into consideration if considering market value.
Then you have "Bought In" were the auction house buys the work. Often used by auction houses to get high end works to auction whilst guaranteeing the work is not burnt.
|
|
topboy
New Member
🗨️ 122
👍🏻 141
February 2020
|
Christie's Art Auctions , by topboy on Mar 12, 2023 22:00:02 GMT 1, Not everyone sits on the Banksy Forum or watch/check ebay prices.
Maybe they see others works by invader selling for high prices. And see the quality of the sculpture and the box and think its worth it. We see plenty of Banksy posters sell for £2k or £3k. And you can pick one up for half that on here or ebay.
Not everyone sits on the Banksy Forum or watch/check ebay prices.
Maybe they see others works by invader selling for high prices. And see the quality of the sculpture and the box and think its worth it. We see plenty of Banksy posters sell for £2k or £3k. And you can pick one up for half that on here or ebay.
|
|
met
Junior Member
🗨️ 2,796
👍🏻 6,762
June 2009
|
Christie's Art Auctions , by met on Mar 12, 2023 22:15:54 GMT 1, Which is why people quoting the value works are bid up to whilst not selling is a nonsense and not worth taking into consideration if considering market value. Then you have "Bought In" were the auction house buys the work. Often used by auction houses to get high end works to auction whilst guaranteeing the work is not burnt.
The text highlighted in red is incorrect.
An auction lot that is "bought in" simply means it is unsold — with bidding (if any) having failed to reach the reserve price.
Which is why people quoting the value works are bid up to whilst not selling is a nonsense and not worth taking into consideration if considering market value. Then you have "Bought In" were the auction house buys the work. Often used by auction houses to get high end works to auction whilst guaranteeing the work is not burnt. The text highlighted in red is incorrect. An auction lot that is "bought in" simply means it is unsold — with bidding (if any) having failed to reach the reserve price. |
|
