Balboa
New Member
Posts โข 975
Likes โข 1,407
November 2007
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by Balboa on Sept 20, 2020 11:42:19 GMT 1, Donโt like it, itโs not one I would want in my house if I had the choice of all prints. But then there are a few I could say that about, I donโt like the placard rats, I donโt like Very Little Helps, and I donโt like GS. Just because itโs now expensive doesnโt mean I like it anymore than I used to. GR was one of the most expensive prints at POW at the time and took ages to sell out. It cost ยฃ500.ย
It was ยฃ400.
Donโt like it, itโs not one I would want in my house if I had the choice of all prints. But then there are a few I could say that about, I donโt like the placard rats, I donโt like Very Little Helps, and I donโt like GS. Just because itโs now expensive doesnโt mean I like it anymore than I used to. GR was one of the most expensive prints at POW at the time and took ages to sell out. It cost ยฃ500.ย It was ยฃ400.
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samo
Junior Member
Posts โข 1,511
Likes โข 1,210
October 2007
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by samo on Sept 20, 2020 13:05:54 GMT 1, GR was one of the most expensive prints at POW at the time and took ages to sell out. It cost ยฃ500.
Don't fear the reaper. A very expensive 'clock', but a very nice one at that
GR was one of the most expensive prints at POW at the time and took ages to sell out. It cost ยฃ500. Don't fear the reaper. A very expensive 'clock', but a very nice one at that
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cosmic
Junior Member
Posts โข 1,449
Likes โข 932
January 2006
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by cosmic on Sept 20, 2020 15:37:36 GMT 1, Defo a landmark print for P.O.W detail wise
Defo a landmark print for P.O.W detail wise
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morgan
New Member
Posts โข 526
Likes โข 225
July 2013
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by morgan on Sept 20, 2020 18:12:47 GMT 1, Of course no one knows but my take on it is the people spending these sums aren't stupid, they're not going to spend ยฃ230k on a print that was ยฃ30k a few months back if they didn't know Banksy is going to be heavily backed in the coming years. You say they arenโt stupid, I beg to differ. People spending ยฃ200k on an unsigned, or ยฃ500k on a signed, Banksy edition are dumb. They are buying it as an investment. I truly believe it is a poor one, long term. I know the whole โpeople said this 1/2/4/10 yearsโ ago shtick. But these prices are essentially unheard of in the art world for unsigned editions of a living artist.
Totally agree here. Being rich does not always make you smart thatโs for sure. I also tend to think a lot of these overnight young tech millionaires are aiding to all of this...as someone else mentioned. Maybe I am bias because I know one that just participated in this frenzy. Money doesnโt matter and they want the immediate cool factor asap price be damned. If you can sell at these prices I say go for it. I personally believe this to be a very specific bubble. To be clear, I am not saying these prices wonโt ever get to this point but I think it will be a more organic rise vs what we are seeing right now...which smells and feels like a manipulated or taking advantage of a lot of dumb/quick money situation. Which of coarse is why you are seeing so many come up for sale now. People that have been holding on forever and now coming out are the smart ones here, IMHO.
Of course no one knows but my take on it is the people spending these sums aren't stupid, they're not going to spend ยฃ230k on a print that was ยฃ30k a few months back if they didn't know Banksy is going to be heavily backed in the coming years. You say they arenโt stupid, I beg to differ. People spending ยฃ200k on an unsigned, or ยฃ500k on a signed, Banksy edition are dumb. They are buying it as an investment. I truly believe it is a poor one, long term. I know the whole โpeople said this 1/2/4/10 yearsโ ago shtick. But these prices are essentially unheard of in the art world for unsigned editions of a living artist. Totally agree here. Being rich does not always make you smart thatโs for sure. I also tend to think a lot of these overnight young tech millionaires are aiding to all of this...as someone else mentioned. Maybe I am bias because I know one that just participated in this frenzy. Money doesnโt matter and they want the immediate cool factor asap price be damned. If you can sell at these prices I say go for it. I personally believe this to be a very specific bubble. To be clear, I am not saying these prices wonโt ever get to this point but I think it will be a more organic rise vs what we are seeing right now...which smells and feels like a manipulated or taking advantage of a lot of dumb/quick money situation. Which of coarse is why you are seeing so many come up for sale now. People that have been holding on forever and now coming out are the smart ones here, IMHO.
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jimmer33
New Member
Posts โข 26
Likes โข 40
February 2020
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by jimmer33 on Sept 21, 2020 6:06:28 GMT 1, From what I hear these aren't young tech millionaires that many of you are assuming. They're certainly folks with money...and some know exactly what they're doing and some horribly do not.
You say they arenโt stupid, I beg to differ. People spending ยฃ200k on an unsigned, or ยฃ500k on a signed, Banksy edition are dumb. They are buying it as an investment. I truly believe it is a poor one, long term. I know the whole โpeople said this 1/2/4/10 yearsโ ago shtick. But these prices are essentially unheard of in the art world for unsigned editions of a living artist. Totally agree here. Being rich does not always make you smart thatโs for sure. I also tend to think a lot of these overnight young tech millionaires are aiding to all of this...as someone else mentioned. Maybe I am bias because I know one that just participated in this frenzy. Money doesnโt matter and they want the immediate cool factor asap price be damned. If you can sell at these prices I say go for it. I personally believe this to be a very specific bubble. To be clear, I am not saying these prices wonโt ever get to this point but I think it will be a more organic rise vs what we are seeing right now...which smells and feels like a manipulated or taking advantage of a lot of dumb/quick money situation. Which of coarse is why you are seeing so many come up for sale now. People that have been holding on forever and now coming out are the smart ones here, IMHO.
From what I hear these aren't young tech millionaires that many of you are assuming. They're certainly folks with money...and some know exactly what they're doing and some horribly do not. You say they arenโt stupid, I beg to differ. People spending ยฃ200k on an unsigned, or ยฃ500k on a signed, Banksy edition are dumb. They are buying it as an investment. I truly believe it is a poor one, long term. I know the whole โpeople said this 1/2/4/10 yearsโ ago shtick. But these prices are essentially unheard of in the art world for unsigned editions of a living artist. Totally agree here. Being rich does not always make you smart thatโs for sure. I also tend to think a lot of these overnight young tech millionaires are aiding to all of this...as someone else mentioned. Maybe I am bias because I know one that just participated in this frenzy. Money doesnโt matter and they want the immediate cool factor asap price be damned. If you can sell at these prices I say go for it. I personally believe this to be a very specific bubble. To be clear, I am not saying these prices wonโt ever get to this point but I think it will be a more organic rise vs what we are seeing right now...which smells and feels like a manipulated or taking advantage of a lot of dumb/quick money situation. Which of coarse is why you are seeing so many come up for sale now. People that have been holding on forever and now coming out are the smart ones here, IMHO.
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morgan
New Member
Posts โข 526
Likes โข 225
July 2013
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by morgan on Sept 21, 2020 17:18:48 GMT 1, From what I hear these aren't young tech millionaires that many of you are assuming. They're certainly folks with money...and some know exactly what they're doing and some horribly do not. Totally agree here. Being rich does not always make you smart thatโs for sure. I also tend to think a lot of these overnight young tech millionaires are aiding to all of this...as someone else mentioned. Maybe I am bias because I know one that just participated in this frenzy. Money doesnโt matter and they want the immediate cool factor asap price be damned. If you can sell at these prices I say go for it. I personally believe this to be a very specific bubble. To be clear, I am not saying these prices wonโt ever get to this point but I think it will be a more organic rise vs what we are seeing right now...which smells and feels like a manipulated or taking advantage of a lot of dumb/quick money situation. Which of coarse is why you are seeing so many come up for sale now. People that have been holding on forever and now coming out are the smart ones here, IMHO.
That is why I mentioned I may be bias because someone I knew that fit this entire description has done this. I am sure it does not apply to all to be sure, but itโs adding to it. Regardless I still stand by the takeaway in my post.
Also has there been any living artist that has seen this rise in such a short time? I am not saying it canโt happen but I do trust historical patterns and curious if there is anything that even comes close to what we are witnessing...
From what I hear these aren't young tech millionaires that many of you are assuming. They're certainly folks with money...and some know exactly what they're doing and some horribly do not. Totally agree here. Being rich does not always make you smart thatโs for sure. I also tend to think a lot of these overnight young tech millionaires are aiding to all of this...as someone else mentioned. Maybe I am bias because I know one that just participated in this frenzy. Money doesnโt matter and they want the immediate cool factor asap price be damned. If you can sell at these prices I say go for it. I personally believe this to be a very specific bubble. To be clear, I am not saying these prices wonโt ever get to this point but I think it will be a more organic rise vs what we are seeing right now...which smells and feels like a manipulated or taking advantage of a lot of dumb/quick money situation. Which of coarse is why you are seeing so many come up for sale now. People that have been holding on forever and now coming out are the smart ones here, IMHO. That is why I mentioned I may be bias because someone I knew that fit this entire description has done this. I am sure it does not apply to all to be sure, but itโs adding to it. Regardless I still stand by the takeaway in my post. Also has there been any living artist that has seen this rise in such a short time? I am not saying it canโt happen but I do trust historical patterns and curious if there is anything that even comes close to what we are witnessing...
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c5br
New Member
Posts โข 11
Likes โข 7
June 2018
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by c5br on Sept 21, 2020 18:36:04 GMT 1, I'm genuinely interested to know why most of you think there is going to be a sudden 'price drop/crash' after these recent prices? Prices have been rising for a long time. This isn't something new, the scale of the rises yes, but it's not new. Is it users just disappointed they don't own a print and don't like to see it? or gutted they sold theirs 10 years ago?
From what we can all see is Banksy is becoming one of the most popular living artists today. Just because he started off as a street artist doesn't make him any less of an artist who can achieve huge results at auction. In the modern world that we live in today his work can be seen by millions in an instant and in turn increases popularity, then in turn demands the high prices.
Just because prints are sold still sold for ยฃ500 doesn't mean they're not worth ยฃ100k+ on release, it's a smart thing Banksy is doing with releases, it doesn't make him look like he has 'sold out', which I'm sure most of you would accuse him of if he dared release prints at that cost to the art world.
Why are investors 'stupid' for paying prices for such iconic prints? He isn't like Warhol with a studio of artists piping out prints on a conveyor belt, most of these prints are becoming rare prints and difficult to get hold of.
I'm genuinely interested to know why most of you think there is going to be a sudden 'price drop/crash' after these recent prices? Prices have been rising for a long time. This isn't something new, the scale of the rises yes, but it's not new. Is it users just disappointed they don't own a print and don't like to see it? or gutted they sold theirs 10 years ago?
From what we can all see is Banksy is becoming one of the most popular living artists today. Just because he started off as a street artist doesn't make him any less of an artist who can achieve huge results at auction. In the modern world that we live in today his work can be seen by millions in an instant and in turn increases popularity, then in turn demands the high prices.
Just because prints are sold still sold for ยฃ500 doesn't mean they're not worth ยฃ100k+ on release, it's a smart thing Banksy is doing with releases, it doesn't make him look like he has 'sold out', which I'm sure most of you would accuse him of if he dared release prints at that cost to the art world.
Why are investors 'stupid' for paying prices for such iconic prints? He isn't like Warhol with a studio of artists piping out prints on a conveyor belt, most of these prints are becoming rare prints and difficult to get hold of.
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coller
Junior Member
Posts โข 2,381
Likes โข 2,371
April 2015
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by coller on Sept 21, 2020 19:01:52 GMT 1, lotta ppl acting like prices will keep going up while also trying to sell their pieces. that should be all the info you need.
lotta ppl acting like prices will keep going up while also trying to sell their pieces. that should be all the info you need.
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tab1
Full Member
Posts โข 8,519
Likes โข 3,679
September 2011
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by tab1 on Sept 21, 2020 19:07:11 GMT 1, I'm genuinely interested to know why most of you think there is going to be a sudden 'price drop/crash' after these recent prices? Prices have been rising for a long time. This isn't something new, the scale of the rises yes, but it's not new. Is it users just disappointed they don't own a print and don't like to see it? or gutted they sold theirs 10 years ago? From what we can all see is Banksy is becoming one of the most popular living artists today. Just because he started off as a street artist doesn't make him any less of an artist who can achieve huge results at auction. In the modern world that we live in today his work can be seen by millions in an instant and in turn increases popularity, then in turn demands the high prices. Just because prints are sold still sold for ยฃ500 doesn't mean they're not worth ยฃ100k+ on release, it's a smart thing Banksy is doing with releases, it doesn't make him look like he has 'sold out', which I'm sure most of you would accuse him of if he dared release prints at that cost to the art world. Why are investors 'stupid' for paying prices for such iconic prints? He isn't like Warhol with a studio of artists piping out prints on a conveyor belt, most of these prints are becoming rare prints and difficult to get hold of.
As long as no skeletons in the closet , these prices will hold
Think about the prices achieved for a living artists !
If you bought at source for ยฃ100 , and do not need the financial worth , it is a great gift to leave for The children / grandchildren
I'm genuinely interested to know why most of you think there is going to be a sudden 'price drop/crash' after these recent prices? Prices have been rising for a long time. This isn't something new, the scale of the rises yes, but it's not new. Is it users just disappointed they don't own a print and don't like to see it? or gutted they sold theirs 10 years ago? From what we can all see is Banksy is becoming one of the most popular living artists today. Just because he started off as a street artist doesn't make him any less of an artist who can achieve huge results at auction. In the modern world that we live in today his work can be seen by millions in an instant and in turn increases popularity, then in turn demands the high prices. Just because prints are sold still sold for ยฃ500 doesn't mean they're not worth ยฃ100k+ on release, it's a smart thing Banksy is doing with releases, it doesn't make him look like he has 'sold out', which I'm sure most of you would accuse him of if he dared release prints at that cost to the art world. Why are investors 'stupid' for paying prices for such iconic prints? He isn't like Warhol with a studio of artists piping out prints on a conveyor belt, most of these prints are becoming rare prints and difficult to get hold of. As long as no skeletons in the closet , these prices will hold Think about the prices achieved for a living artists ! If you bought at source for ยฃ100 , and do not need the financial worth , it is a great gift to leave for The children / grandchildren
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Dive Jedi
Junior Member
Posts โข 6,180
Likes โข 9,426
October 2015
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by Dive Jedi on Sept 21, 2020 19:09:44 GMT 1, I'm genuinely interested to know why most of you think there is going to be a sudden 'price drop/crash' after these recent prices? Prices have been rising for a long time. This isn't something new, the scale of the rises yes, but it's not new. Is it users just disappointed they don't own a print and don't like to see it? or gutted they sold theirs 10 years ago? From what we can all see is Banksy is becoming one of the most popular living artists today. Just because he started off as a street artist doesn't make him any less of an artist who can achieve huge results at auction. In the modern world that we live in today his work can be seen by millions in an instant and in turn increases popularity, then in turn demands the high prices. Just because prints are sold still sold for ยฃ500 doesn't mean they're not worth ยฃ100k+ on release, it's a smart thing Banksy is doing with releases, it doesn't make him look like he has 'sold out', which I'm sure most of you would accuse him of if he dared release prints at that cost to the art world. Why are investors 'stupid' for paying prices for such iconic prints? He isn't like Warhol with a studio of artists piping out prints on a conveyor belt, most of these prints are becoming rare prints and difficult to get hold of. As long as no skeletons in the closet , these prices will hold Think about the prices achieved for a living artists ! If you bought at source for ยฃ100 , and do not need the financial worth , it is a great gift to leave for The children / grandchildren I have a Peckham Rock and a ETTGS DVD with glasses for each child. They are set for life!
I'm genuinely interested to know why most of you think there is going to be a sudden 'price drop/crash' after these recent prices? Prices have been rising for a long time. This isn't something new, the scale of the rises yes, but it's not new. Is it users just disappointed they don't own a print and don't like to see it? or gutted they sold theirs 10 years ago? From what we can all see is Banksy is becoming one of the most popular living artists today. Just because he started off as a street artist doesn't make him any less of an artist who can achieve huge results at auction. In the modern world that we live in today his work can be seen by millions in an instant and in turn increases popularity, then in turn demands the high prices. Just because prints are sold still sold for ยฃ500 doesn't mean they're not worth ยฃ100k+ on release, it's a smart thing Banksy is doing with releases, it doesn't make him look like he has 'sold out', which I'm sure most of you would accuse him of if he dared release prints at that cost to the art world. Why are investors 'stupid' for paying prices for such iconic prints? He isn't like Warhol with a studio of artists piping out prints on a conveyor belt, most of these prints are becoming rare prints and difficult to get hold of. As long as no skeletons in the closet , these prices will hold Think about the prices achieved for a living artists ! If you bought at source for ยฃ100 , and do not need the financial worth , it is a great gift to leave for The children / grandchildren I have a Peckham Rock and a ETTGS DVD with glasses for each child. They are set for life!
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trowel
New Member
Posts โข 622
Likes โข 287
September 2006
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by trowel on Sept 21, 2020 19:17:27 GMT 1, I have a Peckham Rock and a ETTGS DVD with glasses for each child. They are set for life! I gave my son the glasses when he was 1 year old and I haven't seen them since - I'm sure he's put them somewhere safe for the long term, right?
I have a Peckham Rock and a ETTGS DVD with glasses for each child. They are set for life! I gave my son the glasses when he was 1 year old and I haven't seen them since - I'm sure he's put them somewhere safe for the long term, right?
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tab1
Full Member
Posts โข 8,519
Likes โข 3,679
September 2011
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by tab1 on Sept 21, 2020 19:18:05 GMT 1, As long as no skeletons in the closet , these prices will hold Think about the prices achieved for a living artists ! If you bought at source for ยฃ100 , and do not need the financial worth , it is a great gift to leave for The children / grandchildren I have a Peckham Rock and a ETTGS DVD with glasses for each child. They are set for life!
Depending on the lifestyle you live , game changer ๐๐ค
As long as no skeletons in the closet , these prices will hold Think about the prices achieved for a living artists ! If you bought at source for ยฃ100 , and do not need the financial worth , it is a great gift to leave for The children / grandchildren I have a Peckham Rock and a ETTGS DVD with glasses for each child. They are set for life! Depending on the lifestyle you live , game changer ๐๐ค
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stopthespray
New Member
Posts โข 131
Likes โข 20
October 2008
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by stopthespray on Sept 25, 2020 15:44:58 GMT 1, Wonder what this would put a Gold Flags at?
Wonder what this would put a Gold Flags at?
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samo
Junior Member
Posts โข 1,511
Likes โข 1,210
October 2007
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by samo on Sept 25, 2020 16:26:34 GMT 1, Wonder what this would put a Gold Flags at? You will find out soon I guess:
Wonder what this would put a Gold Flags at? You will find out soon I guess:
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stopthespray
New Member
Posts โข 131
Likes โข 20
October 2008
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by stopthespray on Sept 25, 2020 16:39:47 GMT 1, Wonder what this would put a Gold Flags at? You will find out soon I guess:
Oh wow, thanks!
Wonder what this would put a Gold Flags at? You will find out soon I guess:
Oh wow, thanks!
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1978per
New Member
Posts โข 465
Likes โข 454
July 2012
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Pawel
Junior Member
Posts โข 3,767
Likes โข 3,255
Member is Online
June 2015
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by Pawel on Oct 7, 2020 4:51:33 GMT 1, Stik sold for the same price as Mr Doodle's similarly sized canvas...
Stik sold for the same price as Mr Doodle's similarly sized canvas...
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jluhiex
New Member
Posts โข 402
Likes โข 223
December 2016
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by jluhiex on Oct 7, 2020 5:46:33 GMT 1, Stik sold for the same price as Mr Doodle's similarly sized canvas... q
Doodle's so hot right now, Doodle.
Stik sold for the same price as Mr Doodle's similarly sized canvas... q Doodle's so hot right now, Doodle.
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iamzero
Full Member
Posts โข 9,190
Likes โข 8,545
May 2011
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by iamzero on Oct 7, 2020 6:28:34 GMT 1, ยฃ120k... is considered a good result for Stik? Great looking canvas.
ยฃ120k... is considered a good result for Stik? Great looking canvas.
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lv90210
Junior Member
Posts โข 2,030
Likes โข 1,926
January 2018
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by lv90210 on Oct 7, 2020 7:16:24 GMT 1, ยฃ120k... is considered a good result for Stik? Great looking canvas.
Strong result.
I think his OGโs are undervalued.
ยฃ120k... is considered a good result for Stik? Great looking canvas. Strong result. I think his OGโs are undervalued.
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Octopus UK
New Member
Posts โข 876
Likes โข 195
February 2007
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by Octopus UK on Nov 25, 2020 23:41:29 GMT 1, Hello, I am looking on the Sotherby's website to see what price a print has recently sold for. The amount is given as:
Lot sold: 4,032 GBP.
I wonder if this is the hammer price or the buyers price (ie after buyers premium, VAT and AR)? It looks too odd a number to be a hammer price.
Hello, I am looking on the Sotherby's website to see what price a print has recently sold for. The amount is given as:
Lot sold: 4,032 GBP.
I wonder if this is the hammer price or the buyers price (ie after buyers premium, VAT and AR)? It looks too odd a number to be a hammer price.
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Pawel
Junior Member
Posts โข 3,767
Likes โข 3,255
Member is Online
June 2015
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by Pawel on Nov 25, 2020 23:54:07 GMT 1, Hello, I am looking on the Sotherby's website to see what price a print has recently sold for. The amount is given as:
Lot sold: 4,032 GBP.
I wonder if this is the hammer price or the buyers price (ie after buyers premium, VAT and AR)? It looks too odd a number to be a hammer price.
They used to show only the hammer+bp, now itโs all the others fee included as well
Hello, I am looking on the Sotherby's website to see what price a print has recently sold for. The amount is given as:
Lot sold: 4,032 GBP.
I wonder if this is the hammer price or the buyers price (ie after buyers premium, VAT and AR)? It looks too odd a number to be a hammer price.
They used to show only the hammer+bp, now itโs all the others fee included as well
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Octopus UK
New Member
Posts โข 876
Likes โข 195
February 2007
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by Octopus UK on Nov 26, 2020 0:05:34 GMT 1, For example, this Bridget Riley print shows a front screen with what could be a hammer price (ยฃ4k) but when you click through it is slightly more, but a less hammer-like price (ยฃ4,032). This is hammer + AR?
For example, this Bridget Riley print shows a front screen with what could be a hammer price (ยฃ4k) but when you click through it is slightly more, but a less hammer-like price (ยฃ4,032). This is hammer + AR?
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kaos
New Member
Posts โข 505
Likes โข 627
June 2015
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by kaos on Nov 26, 2020 1:07:51 GMT 1, This is somewhat misleading. The figures shown on Sotheby's website are hammer plus 26% buyer's premium only. That doesn't even include the VAT on the 26% Or the new 1% charge they call the overhead charge and of course VAT on the 1% nor does it include the ARR - artists resale royalties. If we look at the recent sale of the GWB sold at Sothbey's on the 24th November: The Hammer was 170k the sold price says 214,200 GBP. The actual figure the buyer has to pay is in fact - 228,597GBP and NOT 214,200 GBP I hope that helps.
This is somewhat misleading. The figures shown on Sotheby's website are hammer plus 26% buyer's premium only. That doesn't even include the VAT on the 26% Or the new 1% charge they call the overhead charge and of course VAT on the 1% nor does it include the ARR - artists resale royalties. If we look at the recent sale of the GWB sold at Sothbey's on the 24th November: The Hammer was 170k the sold price says 214,200 GBP. The actual figure the buyer has to pay is in fact - 228,597GBP and NOT 214,200 GBP I hope that helps.
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LJCal
Junior Member
Posts โข 2,927
Likes โข 4,444
December 2019
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by LJCal on Nov 26, 2020 1:33:20 GMT 1, For example, this Bridget Riley print shows a front screen with what could be a hammer price (ยฃ4k) but when you click through it is slightly more, but a less hammer-like price (ยฃ4,032). This is hammer + AR? Hammer price for that lot is ยฃ3,200. Buyer would have paid (if VAT is chargeable), ยฃ4,288 inclusive of vat and arr
For example, this Bridget Riley print shows a front screen with what could be a hammer price (ยฃ4k) but when you click through it is slightly more, but a less hammer-like price (ยฃ4,032). This is hammer + AR? Hammer price for that lot is ยฃ3,200. Buyer would have paid (if VAT is chargeable), ยฃ4,288 inclusive of vat and arr
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Pattycakes
Junior Member
Posts โข 1,379
Likes โข 423
June 2007
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by Pattycakes on Nov 26, 2020 6:15:18 GMT 1, The final sale price is Hammer plus buyer's Premium they do not show the VAT or ARR as they are not house charges rather taxes. I agree it doesn't tell the full story but equally I see the point as these are charges that are passed on.
The final sale price is Hammer plus buyer's Premium they do not show the VAT or ARR as they are not house charges rather taxes. I agree it doesn't tell the full story but equally I see the point as these are charges that are passed on.
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F*X
New Member
Posts โข 556
Likes โข 400
February 2009
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by F*X on Dec 4, 2020 16:44:16 GMT 1, More Banksy's to come here.link
The bidding starts at 9 pm GMT.
I assume the lots are not viewable until then.
More Banksy's to come here. link
The bidding starts at 9 pm GMT. I assume the lots are not viewable until then.
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robo
Junior Member
Posts โข 1,578
Likes โข 1,003
November 2006
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by robo on Dec 4, 2020 23:38:08 GMT 1, Still not visible...?
Still not visible...?
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Deleted
Posts โข 0
Likes โข
January 1970
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by Deleted on Dec 16, 2020 16:13:44 GMT 1, Sold for $126,000 including fees.
Sold for $126,000 including fees.
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