Harveyn
Full Member
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July 2007
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Christie's Art Auctions , by Harveyn on Mar 12, 2023 22:28:47 GMT 1, Sorry Met your quite correct.
Is there an actual description for when an auction house guarantees the consignee their work will sell or have I imagined that?
Sorry Met your quite correct.
Is there an actual description for when an auction house guarantees the consignee their work will sell or have I imagined that?
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pamplemousse
New Member
๐จ๏ธ 81
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February 2023
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Christie's Art Auctions , by pamplemousse on Mar 12, 2023 22:38:39 GMT 1, Whoever is bidding on the Nicolas Party / Lady Gaga vinyl (ยฃ4500) can buy it at source for $2500.
I do regret cancelling my Ed Ruscha's All Eyez On Me order but the whole release seemed very sketchy.
Whoever is bidding on the Nicolas Party / Lady Gaga vinyl (ยฃ4500) can buy it at source for $2500.
I do regret cancelling my Ed Ruscha's All Eyez On Me order but the whole release seemed very sketchy.
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Christie's Art Auctions , by Pete the Post on Mar 12, 2023 22:59:59 GMT 1, 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 ยฃ750 on multiple platforms.
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 ยฃ750 on multiple platforms. So, what is the benefit here? where is the sellers gain, in ruining their sale with crazy bids. if there isnt a real underbidder, they gain nothing here. But to get their piece back. |
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Christie's Art Auctions , by billybob1969 on Mar 12, 2023 23:03:11 GMT 1, 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 ยฃ750 or even less? doesn't make sense!
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 ยฃ750 or even less? doesn't make sense! Iโve consigned hundreds of things to auction and every so often a piece of tat I sell goes for 10-20x its true value, I could share dozens of examples. Free posters that are selling for ยฃ200 on eBay end up selling for ยฃ5K. No conspiracy just misinformed buyers or collectors with more money than sense. Itโs the auction game, for every piece that goes to the moon one will get no bids or sell for reserve. Of course shill bidding happens especially in lower tier auction houses but itโs far less common than people think. In terms of how much this result will move the market it may add a hundred pounds or so to the value of these short term but many collectors will see it as a crazy outlier rather than a new bench mark. There are 5000 of these out there so very difficult to control the market especially when the value of Invader editions is falling. |
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Christie's Art Auctions , by billybob1969 on Mar 12, 2023 23:07:13 GMT 1, Sorry Met your quite correct. Is there an actual description for when an auction house guarantees the consignee their work will sell or have I imagined that?
Sorry Met your quite correct. Is there an actual description for when an auction house guarantees the consignee their work will sell or have I imagined that? Yes auction houses should disclose a guarantee and the decent ones usually do. Itโs pretty rare that an auction house will guarantee a work and commit to buy it themselves (although it has happened), more often they will have a client underwrite the work, this is where a dealer or collector agree to buy at a floor price for either a fee or cut of the upside if it goes above the floor. Itโs quite common practice for larger pieces. |
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Georgie Poppit
Junior Member
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February 2021
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Christie's Art Auctions , by Georgie Poppit on Mar 12, 2023 23:12:35 GMT 1, Mint Green Stik print currently at ยฃ30k is nothing short of preposterous.
Mint Green Stik print currently at ยฃ30k is nothing short of preposterous.
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Christie's Art Auctions , by Pete the Post on Mar 12, 2023 23:38:42 GMT 1, Mint Green Stik print currently at ยฃ30k is nothing short of preposterous.
You dont seem to know much about stik at all. the other day, he was tanking after a huge auction result, today one of his rarest prints hitting fairly average print money, is preposterous.
Edit (i just realised your skinback, all becomes obvious)
Mint Green Stik print currently at ยฃ30k is nothing short of preposterous. You mean apart from the fact its a PP and the edition was never sold? Seems like an awesome piece of really rare stik to me. Plus its the image off his book. You dont seem to know much about stik at all. the other day, he was tanking after a huge auction result, today one of his rarest prints hitting fairly average print money, is preposterous. Edit (i just realised your skinback, all becomes obvious) |
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acme
New Member
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November 2013
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Christie's Art Auctions , by acme on Mar 13, 2023 2:21:17 GMT 1, I'm wondering if certain collectors buy just from Christie's. So compared to people buy cars only from Porsche. So these collectors might wait until the right piece from the right artist turns up at Christies and they just want to own it and not wait until it turns up for a lower price at a different auction house.
I'm wondering if certain collectors buy just from Christie's. So compared to people buy cars only from Porsche. So these collectors might wait until the right piece from the right artist turns up at Christies and they just want to own it and not wait until it turns up for a lower price at a different auction house.
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Georgie Poppit
Junior Member
๐จ๏ธ 1,558
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February 2021
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Christie's Art Auctions , by Georgie Poppit on Mar 13, 2023 9:44:42 GMT 1, Mint Green Stik print currently at ยฃ30k is nothing short of preposterous. You mean apart from the fact its a PP and the edition was never sold? Seems like an awesome piece of really rare stik to me. Plus its the image off his book. You dont seem to know much about stik at all. the other day, he was tanking after a huge auction result, today one of his rarest prints hitting fairly average print money, is preposterous. Edit (i just realised your skinback, all becomes obvious)
Mint Green Stik print currently at ยฃ30k is nothing short of preposterous. You mean apart from the fact its a PP and the edition was never sold? Seems like an awesome piece of really rare stik to me. Plus its the image off his book. You dont seem to know much about stik at all. the other day, he was tanking after a huge auction result, today one of his rarest prints hitting fairly average print money, is preposterous. Edit (i just realised your skinback, all becomes obvious) You clearly donโt know the kind of real art you can buy for that much money. By the way itโs โyouโreโ not your. |
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Christie's Art Auctions , by Pete the Post on Mar 13, 2023 10:35:44 GMT 1, You mean apart from the fact its a PP and the edition was never sold? Seems like an awesome piece of really rare stik to me. Plus its the image off his book. You dont seem to know much about stik at all. the other day, he was tanking after a huge auction result, today one of his rarest prints hitting fairly average print money, is preposterous. Edit (i just realised your skinback, all becomes obvious) You clearly donโt know the kind of real art you can buy for that much money. By the way itโs โyouโreโ not your.
But hey, your skinback, so i dont need to expand on anything mr pedantic t**t troll.
You mean apart from the fact its a PP and the edition was never sold? Seems like an awesome piece of really rare stik to me. Plus its the image off his book. You dont seem to know much about stik at all. the other day, he was tanking after a huge auction result, today one of his rarest prints hitting fairly average print money, is preposterous. Edit (i just realised your skinback, all becomes obvious) You clearly donโt know the kind of real art you can buy for that much money. By the way itโs โyouโreโ not your. You clearly dont understand the art world at all. But hey, your skinback, so i dont need to expand on anything mr pedantic t**t troll. |
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sevrin
New Member
๐จ๏ธ 796
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February 2022
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Christie's Art Auctions , by sevrin on Mar 13, 2023 10:47:46 GMT 1, Just my opinion. would you pay 8k after fees for a piece you can get many other places for ยฃ750 or even less? doesn't make sense! Iโve consigned hundreds of things to auction and every so often a piece of tat I sell goes for 10-20x its true value, I could share dozens of examples. Free posters that are selling for ยฃ200 on eBay end up selling for ยฃ5K. No conspiracy just misinformed buyers or collectors with more money than sense. Itโs the auction game, for every piece that goes to the moon one will get no bids or sell for reserve. Of course shill bidding happens especially in lower tier auction houses but itโs far less common than people think. In terms of how much this result will move the market it may add a hundred pounds or so to the value of these short term but many collectors will see it as a crazy outlier rather than a new bench mark. There are 5000 of these out there so very difficult to control the market especially when the value of Invader editions is falling.  . I guess the old adage of "A fool and his money are easily parted" may be quite pertinent in this instance after all!
Just my opinion. would you pay 8k after fees for a piece you can get many other places for ยฃ750 or even less? doesn't make sense! Iโve consigned hundreds of things to auction and every so often a piece of tat I sell goes for 10-20x its true value, I could share dozens of examples. Free posters that are selling for ยฃ200 on eBay end up selling for ยฃ5K. No conspiracy just misinformed buyers or collectors with more money than sense. Itโs the auction game, for every piece that goes to the moon one will get no bids or sell for reserve. Of course shill bidding happens especially in lower tier auction houses but itโs far less common than people think. In terms of how much this result will move the market it may add a hundred pounds or so to the value of these short term but many collectors will see it as a crazy outlier rather than a new bench mark. There are 5000 of these out there so very difficult to control the market especially when the value of Invader editions is falling. You may well be right Billy, I really should not credit everyone with having common sense and rather too much money . I guess the old adage of "A fool and his money are easily parted" may be quite pertinent in this instance after all! |
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Christie's Art Auctions , by its all about me on Mar 13, 2023 12:08:07 GMT 1, I'm wondering if certain collectors buy just from Christie's. So compared to people buy cars only from Porsche. So these collectors might wait until the right piece from the right artist turns up at Christies and they just want to own it and not wait until it turns up for a lower price at a different auction house.
There's a lot of snobbery when it comes to art.
I'm wondering if certain collectors buy just from Christie's. So compared to people buy cars only from Porsche. So these collectors might wait until the right piece from the right artist turns up at Christies and they just want to own it and not wait until it turns up for a lower price at a different auction house. Or perhaps they are just too posh to use e-bay. There's a lot of snobbery when it comes to art. |
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Christie's Art Auctions , by billybob1969 on Mar 13, 2023 12:50:26 GMT 1, I'm wondering if certain collectors buy just from Christie's. So compared to people buy cars only from Porsche. So these collectors might wait until the right piece from the right artist turns up at Christies and they just want to own it and not wait until it turns up for a lower price at a different auction house. Or perhaps they are just too posh to use e-bay. There's a lot of snobbery when it comes to art.
I'm wondering if certain collectors buy just from Christie's. So compared to people buy cars only from Porsche. So these collectors might wait until the right piece from the right artist turns up at Christies and they just want to own it and not wait until it turns up for a lower price at a different auction house. Or perhaps they are just too posh to use e-bay. There's a lot of snobbery when it comes to art. This. Many people like to be told what to like, so if itโs an auction curated by Christieโs it must be good stuff, no thought needed. |
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topper
New Member
๐จ๏ธ 306
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February 2023
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Christie's Art Auctions , by topper on Mar 13, 2023 13:04:16 GMT 1, To be fair, provenance does matter if you're ever planning to resell.
'Bought it on eBay' is never going to appeal as much as a Christies sticker on the back, with all the checks that brings.
Having said that paying 10 times mare that something costs on eBay should ring alarm bells!
To be fair, provenance does matter if you're ever planning to resell.
'Bought it on eBay' is never going to appeal as much as a Christies sticker on the back, with all the checks that brings.
Having said that paying 10 times mare that something costs on eBay should ring alarm bells!
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sevrin
New Member
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February 2022
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Christie's Art Auctions , by sevrin on Mar 13, 2023 13:08:39 GMT 1, Or perhaps they are just too posh to use e-bay. There's a lot of snobbery when it comes to art. This. Many people like to be told what to like, so if itโs an auction curated by Christieโs it must be good stuff, no thought needed.
Or perhaps they are just too posh to use e-bay. There's a lot of snobbery when it comes to art. This. Many people like to be told what to like, so if itโs an auction curated by Christieโs it must be good stuff, no thought needed. I will definitely be consigning all my prints for sale through Christie's from now on! by this time next year i'll be a millionaire! |
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JFCC
New Member
๐จ๏ธ 390
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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 ยฃ'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 ยฃ'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
๐จ๏ธ 1,042
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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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bernardsmate
New Member
๐จ๏ธ 27
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February 2023
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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).
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
๐จ๏ธ 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
๐จ๏ธ 496
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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?.
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. Christieโs 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
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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
๐จ๏ธ 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
๐จ๏ธ 390
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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 ยฃ50k
The buyers premium on hammer price up to ยฃ700K is 26% + VAT so 31.2% and ARR is 4% to ยฃ50k and 3% from ยฃ50k to ยฃ200k.
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 ยฃ50k
The buyers premium on hammer price up to ยฃ700K is 26% + VAT so 31.2% and ARR is 4% to ยฃ50k and 3% from ยฃ50k to ยฃ200k.
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artearte
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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
๐จ๏ธ 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??
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
๐จ๏ธ 532
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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 ยฃ6k. Am I missing something?
Anyone know why the invader sculpture is at ยฃ6k. Am I missing something?
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cemltz
New Member
๐จ๏ธ 496
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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 ยฃ5k going for ยฃ7.5k...Invader catching some bids with Kung Fu going for ยฃ12k and 3D Little Big Space going for ยฃ7.5k (!!!)...a Lady Gaga album you can still buy at source for $2.5K going for ยฃ6k...
...and Banksquiat failing to get its ยฃ55k reserve...
Christies auctions are a scene these days.
All over the place, again.
Shrigleys you can buy for ยฃ5k going for ยฃ7.5k...Invader catching some bids with Kung Fu going for ยฃ12k and 3D Little Big Space going for ยฃ7.5k (!!!)...a Lady Gaga album you can still buy at source for $2.5K going for ยฃ6k...
...and Banksquiat failing to get its ยฃ55k reserve...
Christies auctions are a scene these days.
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artearte
New Member
๐จ๏ธ 393
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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
๐จ๏ธ 1,781
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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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. I guess the old adage of "A fool and his money are easily parted" may be quite pertinent in this instance after all!
