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Sotheby's Art Auctions β’ LONDON π¬π§, by junkieart on Oct 18, 2008 0:05:18 GMT 1, By the way afroken, nice result on the 40K. Hopes all good with you.
By the way afroken, nice result on the 40K. Hopes all good with you.
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afroken
Junior Member
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February 2009
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Sotheby's Art Auctions β’ LONDON π¬π§, by afroken on Oct 18, 2008 0:09:08 GMT 1, Hey at the end of the day that very white canvas hung on a nail on my wall unframed in a smoker's house for 6 years. It got moved around, handled loads, and tossed into a box when I moved house. When I sold it it was mint, but the chances are I would have stuck a knife through it by mistake after I found out its value! I was very very careful after that. You're right though. Intellectually I couldn't possibly justify keeping it whatever way I looked at it.
Hey at the end of the day that very white canvas hung on a nail on my wall unframed in a smoker's house for 6 years. It got moved around, handled loads, and tossed into a box when I moved house. When I sold it it was mint, but the chances are I would have stuck a knife through it by mistake after I found out its value! I was very very careful after that. You're right though. Intellectually I couldn't possibly justify keeping it whatever way I looked at it.
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Prescription Art
Art Gallery
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November 2007
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Sotheby's Art Auctions β’ LONDON π¬π§, by Prescription Art on Oct 18, 2008 0:35:34 GMT 1, LOT 47 - BANKSY B. 1975 QUEEN VICTORIA 250,000β350,000 GBP Lot Sold. Hammer Price with Buyer's Premium: 277,250 GBP
Shiiiittttttt!!! I was second highest bidder on one of these from the 2002 LA show on ebay a few years back. I think I went up to Β£1200. Apparently Mr Lazarides gazumped me... :-(
LOT 47 - BANKSY B. 1975 QUEEN VICTORIA 250,000β350,000 GBP Lot Sold. Hammer Price with Buyer's Premium: 277,250 GBP Shiiiittttttt!!! I was second highest bidder on one of these from the 2002 LA show on ebay a few years back. I think I went up to Β£1200. Apparently Mr Lazarides gazumped me... :-(
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Sotheby's Art Auctions β’ LONDON π¬π§, by icky on Oct 18, 2008 1:45:19 GMT 1, Afroken wrote earlier this evening:
"Skanky I think you are right that this is only the beginning. Many people think that urban art is a fad. I believe it signifies something much bigger: the handover of power (finally) from baby boomers to generation x-ers. There are people on this board and in the wider community of urban art lovers that will increasingly fill positions of power and importance in our society and their perspective on the world will replace attitudes of today to become the status quo. We are witnessing a significant cultural shift in all areas of the arts, technology and media as those retched baby boomers finally run out of steam and have no choice other than to make room for a new generation (even though that generation is already in its mid to late 30's). Our tastes will become the dominant force in this world and it's only a matter of time before they permeate everything. Our artists will be considered pioneers and people on boards like these will be wondering when their day glow video art installations will get a look in.
That's what I think anyway!"
A very good post this, Afroken. That's why I quoted it in a larger size so no one misses it.
Afroken wrote earlier this evening:
"Skanky I think you are right that this is only the beginning. Many people think that urban art is a fad. I believe it signifies something much bigger: the handover of power (finally) from baby boomers to generation x-ers. There are people on this board and in the wider community of urban art lovers that will increasingly fill positions of power and importance in our society and their perspective on the world will replace attitudes of today to become the status quo. We are witnessing a significant cultural shift in all areas of the arts, technology and media as those retched baby boomers finally run out of steam and have no choice other than to make room for a new generation (even though that generation is already in its mid to late 30's). Our tastes will become the dominant force in this world and it's only a matter of time before they permeate everything. Our artists will be considered pioneers and people on boards like these will be wondering when their day glow video art installations will get a look in.
That's what I think anyway!"
A very good post this, Afroken. That's why I quoted it in a larger size so no one misses it.
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pezlow
Junior Member
π¨οΈ 5,388
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January 2007
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Sotheby's Art Auctions β’ LONDON π¬π§, by pezlow on Oct 18, 2008 7:40:52 GMT 1, It was a great post indeed. Not so sure about the day glow video art installations though
Great thread this, a pleasure to read which you can't say about every thread on here.
It was a great post indeed. Not so sure about the day glow video art installations though Great thread this, a pleasure to read which you can't say about every thread on here.
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darrenrapley
Junior Member
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June 2008
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Sotheby's Art Auctions β’ LONDON π¬π§, by darrenrapley on Oct 18, 2008 8:47:41 GMT 1, Great thread this, a pleasure to read which you can't say about every thread on here.
What he said.
For a relative newcomer, it is good reading (and cringing) about past buys and sells.
Great thread this, a pleasure to read which you can't say about every thread on here. What he said. For a relative newcomer, it is good reading (and cringing) about past buys and sells.
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Simococo
Junior Member
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April 2007
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Sotheby's Art Auctions β’ LONDON π¬π§, by Simococo on Oct 18, 2008 8:56:05 GMT 1, Great thread this, a pleasure to read which you can't say about every thread on here. What he said. For a relative newcomer, it is good reading (and cringing) about past buys and sells.
there is still the distint possibility that in ten years time we will be looking back saying (cringing) I can't believe you used to be able to get a banksy original for Β£30k-40k
Great thread this, a pleasure to read which you can't say about every thread on here. What he said. For a relative newcomer, it is good reading (and cringing) about past buys and sells. there is still the distint possibility that in ten years time we will be looking back saying (cringing) I can't believe you used to be able to get a banksy original for Β£30k-40k
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Sotheby's Art Auctions β’ LONDON π¬π§, by weaver on Oct 18, 2008 9:00:36 GMT 1, What he said. For a relative newcomer, it is good reading (and cringing) about past buys and sells. there is still the distint possibility that in ten years time we will be looking back saying (cringing) I can't believe you used to be able to get a banksy original for Β£30k-40k yup
What he said. For a relative newcomer, it is good reading (and cringing) about past buys and sells. there is still the distint possibility that in ten years time we will be looking back saying (cringing) I can't believe you used to be able to get a banksy original for Β£30k-40k yup
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Sotheby's Art Auctions β’ LONDON π¬π§, by icky on Oct 18, 2008 10:09:32 GMT 1, there is still the distint possibility that in ten years time we will be looking back saying (cringing) I can't believe you used to be able to get a banksy original for Β£30k-40k
That may be so. But the difference is that five years ago most of us could afford an original. That is not the case when you're talking tens of thousands.
there is still the distint possibility that in ten years time we will be looking back saying (cringing) I can't believe you used to be able to get a banksy original for Β£30k-40k That may be so. But the difference is that five years ago most of us could afford an original. That is not the case when you're talking tens of thousands.
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Sotheby's Art Auctions β’ LONDON π¬π§, by bobbyt23 on Oct 18, 2008 10:52:00 GMT 1, Great thread.
Great thread.
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Sotheby's Art Auctions β’ LONDON π¬π§, by funksoulbother on Oct 18, 2008 11:14:20 GMT 1, more memories of back in the day pls guys..less obsession with the $$$ pls
more memories of back in the day pls guys..less obsession with the $$$ pls
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Sotheby's Art Auctions β’ LONDON π¬π§, by graeme501 on Oct 18, 2008 17:35:09 GMT 1, ok after having a few thoughts floating about and reading dogants post on the laz thread, i dont believe u can trust any banksy auction result
does anyone find it odd that after a few bad results for banksy at auctions, this gets snapped up for a near record price ... who auctually bought the canvas? the last banksy to do well at auction was the BME for Β£100,000, and guess where that turns up? LAZ, priced at Β£200,000, he's manipulating the market to keep banksy going and not crashing, and i wouldnt b surprised if he bought the queen vic aswell
ok after having a few thoughts floating about and reading dogants post on the laz thread, i dont believe u can trust any banksy auction result
does anyone find it odd that after a few bad results for banksy at auctions, this gets snapped up for a near record price ... who auctually bought the canvas? the last banksy to do well at auction was the BME for Β£100,000, and guess where that turns up? LAZ, priced at Β£200,000, he's manipulating the market to keep banksy going and not crashing, and i wouldnt b surprised if he bought the queen vic aswell
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Heavyconsumer
Junior Member
π¨οΈ 4,974
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February 2008
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Sotheby's Art Auctions β’ LONDON π¬π§, by Heavyconsumer on Oct 18, 2008 18:16:04 GMT 1, ok after having a few thoughts floating about and reading dogants post on the laz thread, i dont believe u can trust any banksy auction result does anyone find it odd that after a few bad results for banksy at auctions, this gets snapped up for a near record price ... who auctually bought the canvas? the last banksy to do well at auction was the BME for Β£100,000, and guess where that turns up? LAZ, priced at Β£200,000, he's manipulating the market to keep banksy going and not crashing, and i wouldnt b surprised if he bought the queen vic aswell
Sadly (depending on your point of view I guess) the art market and auction houses have no regulation to guide who can or can't bid. I'm certain that such practices do go on and not only with this relatively "cheaper" (for want of a better word) end of the market. I've had similar thoughts to you on this Graeme, but at the end of the day, Banksy must be one of only a select group living artists to have prints in such a sale and that recognition is in of itself remarkable, considering his roots imo. I agree with you though, that not too much should be read into individual auction results, as it's so easy to manipulate.
ok after having a few thoughts floating about and reading dogants post on the laz thread, i dont believe u can trust any banksy auction result does anyone find it odd that after a few bad results for banksy at auctions, this gets snapped up for a near record price ... who auctually bought the canvas? the last banksy to do well at auction was the BME for Β£100,000, and guess where that turns up? LAZ, priced at Β£200,000, he's manipulating the market to keep banksy going and not crashing, and i wouldnt b surprised if he bought the queen vic aswell Sadly (depending on your point of view I guess) the art market and auction houses have no regulation to guide who can or can't bid. I'm certain that such practices do go on and not only with this relatively "cheaper" (for want of a better word) end of the market. I've had similar thoughts to you on this Graeme, but at the end of the day, Banksy must be one of only a select group living artists to have prints in such a sale and that recognition is in of itself remarkable, considering his roots imo. I agree with you though, that not too much should be read into individual auction results, as it's so easy to manipulate.
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Sotheby's Art Auctions β’ LONDON π¬π§, by graeme501 on Oct 18, 2008 18:20:19 GMT 1, very easily to manipulate
thinking back, the last two banksys to make over Β£100k have been the Bomb Middle England (bought by LAZ) and the tesco flag sketch (bought by LAZ) - compare this to the monkey detonator which reached Β£40k - what im thinking is that the real value of banksys og's are more in line with the monkey detonator and not 1's that were bought by his agent
also the fact that LAZ was able to show 40 works in the LAZ extravigansa with no new work - if banksy is as successful as he is made out to be, that shouldn't happen
very easily to manipulate
thinking back, the last two banksys to make over Β£100k have been the Bomb Middle England (bought by LAZ) and the tesco flag sketch (bought by LAZ) - compare this to the monkey detonator which reached Β£40k - what im thinking is that the real value of banksys og's are more in line with the monkey detonator and not 1's that were bought by his agent
also the fact that LAZ was able to show 40 works in the LAZ extravigansa with no new work - if banksy is as successful as he is made out to be, that shouldn't happen
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Sotheby's Art Auctions β’ LONDON π¬π§, by alsbabar on Oct 18, 2008 18:20:51 GMT 1, graeme before you go and making unfounded accusations - the BME at Dreweatts was not placed by Laz, it may have been bought by him - but he certainly didnt place it, as for the Queen Vic, again, you do not know for fact that he bought it, or that he sold it!!!!
you make yourself sound like a p*ick the more you keep on bashing Laz
graeme before you go and making unfounded accusations - the BME at Dreweatts was not placed by Laz, it may have been bought by him - but he certainly didnt place it, as for the Queen Vic, again, you do not know for fact that he bought it, or that he sold it!!!!
you make yourself sound like a p*ick the more you keep on bashing Laz
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Sotheby's Art Auctions β’ LONDON π¬π§, by graeme501 on Oct 18, 2008 18:26:22 GMT 1, who said the BME was placed? i didnt, i just said he bought it, which he did
also, i never said that i knew for a fact that he bought the queen vic, i just said i wouldnt be surprised if he did, as for placing it in the auction, i never said that either, but since it was on the LAZ site a few months back for sale, it would seem he did
you make yourself sound like a p*ick the more you keep on defending laz
who said the BME was placed? i didnt, i just said he bought it, which he did
also, i never said that i knew for a fact that he bought the queen vic, i just said i wouldnt be surprised if he did, as for placing it in the auction, i never said that either, but since it was on the LAZ site a few months back for sale, it would seem he did
you make yourself sound like a p*ick the more you keep on defending laz
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Sotheby's Art Auctions β’ LONDON π¬π§, by bradpitt on Oct 18, 2008 18:31:16 GMT 1, Get a room you two, I think Graeme is right, either that or too many artists mums turning up to auction. But who buys at inflated prices after freak auction results? idiots.
Get a room you two, I think Graeme is right, either that or too many artists mums turning up to auction. But who buys at inflated prices after freak auction results? idiots.
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Sotheby's Art Auctions β’ LONDON π¬π§, by alsbabar on Oct 18, 2008 18:34:30 GMT 1, Bradpitt - he isnt right - he doesnt have any information to support his comments, and graeme is suggesting it - its like he has a serious issue with Laz
Also i do not need to defend Laz, he can take care of himself
See you at SG08 graeme - NOT
Bradpitt - he isnt right - he doesnt have any information to support his comments, and graeme is suggesting it - its like he has a serious issue with Laz
Also i do not need to defend Laz, he can take care of himself
See you at SG08 graeme - NOT
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Sotheby's Art Auctions β’ LONDON π¬π§, by graeme501 on Oct 18, 2008 18:44:09 GMT 1, i dont have any information to support the queen vic comments, thats why i said i wouldnt be surprised and it was my opinion, but he did buy the BME and the tesco flag, thats why it was on sale at the laz show - that is fact
i dont have any information to support the queen vic comments, thats why i said i wouldnt be surprised and it was my opinion, but he did buy the BME and the tesco flag, thats why it was on sale at the laz show - that is fact
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Sotheby's Art Auctions β’ LONDON π¬π§, by bradpitt on Oct 18, 2008 18:50:12 GMT 1, Nothing against Laz, but it is a bit transparent, but who cares as it seems to be the way to get some recognition in the art world for some strange reason. I couldn't care less about how much something sells for, if it's poo it's poo. Not a lot of people think like this though as they are too absorbed with money. Shame. Damn, I sound like a hippy - I like money, but with art it has to be love.
Nothing against Laz, but it is a bit transparent, but who cares as it seems to be the way to get some recognition in the art world for some strange reason. I couldn't care less about how much something sells for, if it's poo it's poo. Not a lot of people think like this though as they are too absorbed with money. Shame. Damn, I sound like a hippy - I like money, but with art it has to be love.
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Sotheby's Art Auctions β’ LONDON π¬π§, by graeme501 on Oct 18, 2008 18:52:37 GMT 1, as for not seeing u at the ghetto this year, i believe its my choice whether i go or not
however if the ghetto this year is some kind of exclusive event, where only the rich and the special r invited, then no i wont see u there, as i wouldnt b invited, nor would i want to attend a ghetto that was set up in such a way
as for not seeing u at the ghetto this year, i believe its my choice whether i go or not
however if the ghetto this year is some kind of exclusive event, where only the rich and the special r invited, then no i wont see u there, as i wouldnt b invited, nor would i want to attend a ghetto that was set up in such a way
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Sotheby's Art Auctions β’ LONDON π¬π§, by dogant on Oct 18, 2008 19:17:54 GMT 1, Graeme501,
As it was my post about the Laz show that got you thinking β let me give you my views on your comments.
Think of it this way - You own some Banksy prints β if you had to power to develop the market to insure your prints would increase I am sure you would do so? Laz has a vested interest in Banksy and like any businessperson β will do what the feels is beneficial to his own stock and his artists (legally!).
None of us here at high enough up the ladder to know what goes on within the art world β but we all must know that everything in our world is altered and manipulated to benefit someone and everything has a perceived value above someone elseβs perceived worth. Saying that, stating the Laz is buying a selling his own stock is very unfair and also potentially slanderous β unless you can prove it.
Anyone wishing to join the Banksy club must now be influenced in not only the art, but also the financial gains this can bring. May I suggest that if you donβt like the ride β you should get of the bus (but I can assure you any other bus will have the same problems!)
Itβs the way of the world β we protect our own. I am sure you are intelligent enough to understand this and I would suggest you attempt to look at the positives of increased prices/media coverage etc, etc β unless you want your favourite artists to go down the pan and pick up OGβs for Β£40 a pop.
And regarding the Bomb Middle England - the increase of Β£100k is IMO fair and only a stated price β I guess there would be flex on this price and after all β Laz has had Β£120,000+ tied up in BME for some time now. Add this to his overheads β why not try to get Β£200k for it (in fact, is this not what happen with most BIN auctions on ebay?) But after seeing the total cost to put on a Laz party and the staffing costs/venue β its only fair the man makes a living.
PS β I think it was about 30 OGβs β so I will amend my post!
Bloody hell β that was another long one, sorry!
Finally, re SG08 - of course everyone is welcome - but be honest, they will be an elite club - there is an elite club with everything in life. Again, please smell the coffee.
Graeme501,
As it was my post about the Laz show that got you thinking β let me give you my views on your comments.
Think of it this way - You own some Banksy prints β if you had to power to develop the market to insure your prints would increase I am sure you would do so? Laz has a vested interest in Banksy and like any businessperson β will do what the feels is beneficial to his own stock and his artists (legally!).
None of us here at high enough up the ladder to know what goes on within the art world β but we all must know that everything in our world is altered and manipulated to benefit someone and everything has a perceived value above someone elseβs perceived worth. Saying that, stating the Laz is buying a selling his own stock is very unfair and also potentially slanderous β unless you can prove it.
Anyone wishing to join the Banksy club must now be influenced in not only the art, but also the financial gains this can bring. May I suggest that if you donβt like the ride β you should get of the bus (but I can assure you any other bus will have the same problems!)
Itβs the way of the world β we protect our own. I am sure you are intelligent enough to understand this and I would suggest you attempt to look at the positives of increased prices/media coverage etc, etc β unless you want your favourite artists to go down the pan and pick up OGβs for Β£40 a pop.
And regarding the Bomb Middle England - the increase of Β£100k is IMO fair and only a stated price β I guess there would be flex on this price and after all β Laz has had Β£120,000+ tied up in BME for some time now. Add this to his overheads β why not try to get Β£200k for it (in fact, is this not what happen with most BIN auctions on ebay?) But after seeing the total cost to put on a Laz party and the staffing costs/venue β its only fair the man makes a living.
PS β I think it was about 30 OGβs β so I will amend my post!
Bloody hell β that was another long one, sorry!
Finally, re SG08 - of course everyone is welcome - but be honest, they will be an elite club - there is an elite club with everything in life. Again, please smell the coffee.
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Sotheby's Art Auctions β’ LONDON π¬π§, by graeme501 on Oct 18, 2008 19:28:49 GMT 1, i agree with alot of what u r saying, and do have a very basic understanding of how the art world works, and how laz has a vested interest, and wants to keep up the price of banksy's work, but what happens when its only he that is willing to pay these high prices for the work at auction?
i dont think an 100k price increase is fair, if LAZ was the highest bidder, why would some1 want to pay double a few months later?
as for the slanderous comments, my instinct tells me that i wouldnt be surprised that he bought the queen vic, but as i have said, there is no fact behind me thinking this, just my thoughts, and will probably be proved incorrect sometime soon
i agree with alot of what u r saying, and do have a very basic understanding of how the art world works, and how laz has a vested interest, and wants to keep up the price of banksy's work, but what happens when its only he that is willing to pay these high prices for the work at auction? i dont think an 100k price increase is fair, if LAZ was the highest bidder, why would some1 want to pay double a few months later? as for the slanderous comments, my instinct tells me that i wouldnt be surprised that he bought the queen vic, but as i have said, there is no fact behind me thinking this, just my thoughts, and will probably be proved incorrect sometime soon
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Sotheby's Art Auctions β’ LONDON π¬π§, by lovingit on Oct 18, 2008 19:36:02 GMT 1, just maybe the buyer of the banksy got a bargain basic supply and demand, if you want the painting that is the price. if you dont want to pay the price then go without the painting. where else would you buy one?
just maybe the buyer of the banksy got a bargain basic supply and demand, if you want the painting that is the price. if you dont want to pay the price then go without the painting. where else would you buy one?
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Sotheby's Art Auctions β’ LONDON π¬π§, by dogant on Oct 18, 2008 19:39:39 GMT 1, 1. He stock piles Banksy work and moves it on when the time is right (as all cash rich businesses would)
2. Why not, it's an asking price. Add that to the 120k investment he already has in it - as well as the other costs his business takes to run. Somewill will buy it for Β£200k - or he will sell for less and know one will know (no damage to market)
3. Who knows - not I!
And finally, I don't own a Banksy yet - so in a ideal world, Laz will f**k up big time - I can then buy cheap - Laz will get back on the ball - I will make some money!
i agree with alot of what u r saying, and do have a very basic understanding of how the art world works, and how laz has a vested interest, and wants to keep up the price of banksy's work, but what happens when its only he that is willing to pay these high prices for the work at auction? i dont think an 100k price increase is fair, if LAZ was the highest bidder, why would some1 want to pay double a few months later? as for the slanderous comments, my instinct tells me that i wouldnt be surprised that he bought the queen vic, but as i have said, there is no fact behind me thinking this, just my thoughts, and will probably be proved incorrect sometime soon
1. He stock piles Banksy work and moves it on when the time is right (as all cash rich businesses would) 2. Why not, it's an asking price. Add that to the 120k investment he already has in it - as well as the other costs his business takes to run. Somewill will buy it for Β£200k - or he will sell for less and know one will know (no damage to market) 3. Who knows - not I! And finally, I don't own a Banksy yet - so in a ideal world, Laz will f**k up big time - I can then buy cheap - Laz will get back on the ball - I will make some money! i agree with alot of what u r saying, and do have a very basic understanding of how the art world works, and how laz has a vested interest, and wants to keep up the price of banksy's work, but what happens when its only he that is willing to pay these high prices for the work at auction? i dont think an 100k price increase is fair, if LAZ was the highest bidder, why would some1 want to pay double a few months later? as for the slanderous comments, my instinct tells me that i wouldnt be surprised that he bought the queen vic, but as i have said, there is no fact behind me thinking this, just my thoughts, and will probably be proved incorrect sometime soon
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Sotheby's Art Auctions β’ LONDON π¬π§, by graeme501 on Oct 20, 2008 13:44:27 GMT 1, finally some good results
finally some good results
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Sotheby's Art Auctions β’ LONDON π¬π§, by incognito4art on Oct 20, 2008 14:10:13 GMT 1, sotheby's was ok but dreweatts.....
sotheby's was ok but dreweatts.....
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Sotheby's Art Auctions β’ LONDON π¬π§, by Guest on Oct 20, 2008 15:03:38 GMT 1, finally some good results
yeah not too bad.
finally some good results yeah not too bad.
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funster
Junior Member
π¨οΈ 2,256
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October 2006
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Sotheby's Art Auctions β’ LONDON π¬π§, by funster on Oct 20, 2008 15:30:44 GMT 1, Sotheby's day sale had some nice pieces.
LOT 306 - BANKSY B. 1975 BANKSY, LAUGH NOW BUT ONE DAY WE'LL BE IN CHARGE
60,000β80,000 GBP Lot Sold. Hammer Price with Buyer's Premium: 97,250 GBP
LOT 315 - BANKSY B. 1975 UNTITLED (HAPPY COPPERS)
20,000β30,000 GBP Lot Sold. Hammer Price with Buyer's Premium: 58,850 GBP
Sotheby's day sale had some nice pieces.
LOT 306 - BANKSY B. 1975 BANKSY, LAUGH NOW BUT ONE DAY WE'LL BE IN CHARGE
60,000β80,000 GBP Lot Sold. Hammer Price with Buyer's Premium: 97,250 GBP
LOT 315 - BANKSY B. 1975 UNTITLED (HAPPY COPPERS)
20,000β30,000 GBP Lot Sold. Hammer Price with Buyer's Premium: 58,850 GBP
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