Unica
Junior Member
Posts • 2,060
Likes • 1,222
November 2013
|
Sotheby's Art Auctions • LONDON 🇬🇧, by Unica on Mar 16, 2020 9:12:21 GMT 1, About £80k already for the the unsigned GWB with 10 days left, Banksy art a safe haven.
About £80k already for the the unsigned GWB with 10 days left, Banksy art a safe haven.
|
|
gross
New Member
Posts • 180
Likes • 93
January 2020
|
Sotheby's Art Auctions • LONDON 🇬🇧, by gross on Mar 16, 2020 10:39:27 GMT 1, Global recession going to be on the way
Global recession going to be on the way
|
|
Deleted
Posts • 0
Likes •
January 1970
|
Sotheby's Art Auctions • LONDON 🇬🇧, by Deleted on Mar 16, 2020 11:42:25 GMT 1, Global recession going to be on the way All the more reason to buy a safe haven asset
Global recession going to be on the way All the more reason to buy a safe haven asset
|
|
fusion0001
New Member
Posts • 146
Likes • 415
November 2019
|
Sotheby's Art Auctions • LONDON 🇬🇧, by fusion0001 on Mar 16, 2020 11:59:15 GMT 1, The 2008-2009 recession did cut Banksy print values by more than half, but I guess his position was not a blue-chip artist back then.
At the same time, none of the smaller economic / stock market dips since 2010 affected the performance of Banksy prints.
Hard to say how the situation will develop, but it’s hard to see that there would be completely no impact as discretionary spend declines and at the same time speculative buyers hold off and wait to see how it moves. My guess would be a flattening our or a small correction that could lay path to sustainable future growth in value.
The 2008-2009 recession did cut Banksy print values by more than half, but I guess his position was not a blue-chip artist back then.
At the same time, none of the smaller economic / stock market dips since 2010 affected the performance of Banksy prints.
Hard to say how the situation will develop, but it’s hard to see that there would be completely no impact as discretionary spend declines and at the same time speculative buyers hold off and wait to see how it moves. My guess would be a flattening our or a small correction that could lay path to sustainable future growth in value.
|
|
Deleted
Posts • 0
Likes •
January 1970
|
Sotheby's Art Auctions • LONDON 🇬🇧, by Deleted on Mar 16, 2020 12:13:06 GMT 1, The 2008-2009 recession did cut Banksy print values by more than half, but I guess his position was not a blue-chip artist back then. At the same time, none of the smaller economic / stock market dips since 2010 affected the performance of Banksy prints. Hard to say how the situation will develop, but it’s hard to see that there would be completely no impact as discretionary spend declines and at the same time speculative buyers hold off and wait to see how it moves. My guess would be a flattening our or a small correction that could lay path to sustainable future growth in value. This is more like 9/11, less like 2008-9
Market will recover by the end of the year. heavily indebted companies will be weeded out but such is life.
The 2008-2009 recession did cut Banksy print values by more than half, but I guess his position was not a blue-chip artist back then. At the same time, none of the smaller economic / stock market dips since 2010 affected the performance of Banksy prints. Hard to say how the situation will develop, but it’s hard to see that there would be completely no impact as discretionary spend declines and at the same time speculative buyers hold off and wait to see how it moves. My guess would be a flattening our or a small correction that could lay path to sustainable future growth in value. This is more like 9/11, less like 2008-9 Market will recover by the end of the year. heavily indebted companies will be weeded out but such is life.
|
|
charge
New Member
Posts • 37
Likes • 39
January 2020
|
|
|
|
gross
New Member
Posts • 180
Likes • 93
January 2020
|
Sotheby's Art Auctions • LONDON 🇬🇧, by gross on Mar 16, 2020 12:52:06 GMT 1, The 2008-2009 recession did cut Banksy print values by more than half, but I guess his position was not a blue-chip artist back then. At the same time, none of the smaller economic / stock market dips since 2010 affected the performance of Banksy prints. Hard to say how the situation will develop, but it’s hard to see that there would be completely no impact as discretionary spend declines and at the same time speculative buyers hold off and wait to see how it moves. My guess would be a flattening our or a small correction that could lay path to sustainable future growth in value. This is more like 9/11, less like 2008-9 Market will recover by the end of the year. heavily indebted companies will be weeded out but such is life. in 2007 Warhol market lost more than 40% of its value from the peak to the bottom
The 2008-2009 recession did cut Banksy print values by more than half, but I guess his position was not a blue-chip artist back then. At the same time, none of the smaller economic / stock market dips since 2010 affected the performance of Banksy prints. Hard to say how the situation will develop, but it’s hard to see that there would be completely no impact as discretionary spend declines and at the same time speculative buyers hold off and wait to see how it moves. My guess would be a flattening our or a small correction that could lay path to sustainable future growth in value. This is more like 9/11, less like 2008-9 Market will recover by the end of the year. heavily indebted companies will be weeded out but such is life. in 2007 Warhol market lost more than 40% of its value from the peak to the bottom
|
|
Lazarus II
Junior Member
Posts • 1,803
Likes • 2,429
August 2019
|
Sotheby's Art Auctions • LONDON 🇬🇧, by Lazarus II on Mar 16, 2020 14:24:44 GMT 1, Global recession going to be on the way a great time for any sort of gallery to sweep up some bargains as panic'd sellers flood the market with their Banksy prints.
Global recession going to be on the way a great time for any sort of gallery to sweep up some bargains as panic'd sellers flood the market with their Banksy prints.
|
|
Poster Bob
Junior Member
Posts • 5,869
Likes • 5,480
September 2013
|
Sotheby's Art Auctions • LONDON 🇬🇧, by Poster Bob on Mar 16, 2020 15:49:36 GMT 1, Global recession going to be on the way a great time for any sort of gallery to sweep up some bargains as panic'd sellers flood the market with their Banksy prints. No idea what "panic'd sellers" are but some of us have money ready to make purchases. Sell now before lockdown.
Global recession going to be on the way a great time for any sort of gallery to sweep up some bargains as panic'd sellers flood the market with their Banksy prints. No idea what "panic'd sellers" are but some of us have money ready to make purchases. Sell now before lockdown.
|
|
Lazarus II
Junior Member
Posts • 1,803
Likes • 2,429
August 2019
|
Sotheby's Art Auctions • LONDON 🇬🇧, by Lazarus II on Mar 16, 2020 15:54:23 GMT 1, a great time for any sort of gallery to sweep up some bargains as panic'd sellers flood the market with their Banksy prints. No idea what "panic'd sellers" are but some of us have money ready to make purchases. Sell now before lockdown. you and Gross both then but Big Bob always has the money in any climate or crisis.
a great time for any sort of gallery to sweep up some bargains as panic'd sellers flood the market with their Banksy prints. No idea what "panic'd sellers" are but some of us have money ready to make purchases. Sell now before lockdown. you and Gross both then but Big Bob always has the money in any climate or crisis.
|
|
samfrost
New Member
Posts • 787
Likes • 530
June 2014
|
Sotheby's Art Auctions • LONDON 🇬🇧, by samfrost on Mar 16, 2020 16:00:03 GMT 1, Some decent levels currently, but early in sale. Surprised to not see any real OGs like the first sale.
Some decent levels currently, but early in sale. Surprised to not see any real OGs like the first sale.
|
|
|
Sotheby's Art Auctions • LONDON 🇬🇧, by Buff Monster Fan on Mar 16, 2020 16:23:13 GMT 1, Keeping an eye on that Gold Flags - drool
Keeping an eye on that Gold Flags - drool
|
|
Deleted
Posts • 0
Likes •
January 1970
|
Sotheby's Art Auctions • LONDON 🇬🇧, by Deleted on Mar 16, 2020 16:25:28 GMT 1, Jeez. That Rude Copper looks like it's been used as a fish & chip wrapper...
Jeez. That Rude Copper looks like it's been used as a fish & chip wrapper...
|
|
Lazarus II
Junior Member
Posts • 1,803
Likes • 2,429
August 2019
|
Sotheby's Art Auctions • LONDON 🇬🇧, by Lazarus II on Mar 16, 2020 20:18:43 GMT 1, Jeez. That Rude Copper looks like it's been used as a fish & chip wrapper... may well have been or at least a curry eaten from it !
Jeez. That Rude Copper looks like it's been used as a fish & chip wrapper... may well have been or at least a curry eaten from it !
|
|
|
Deleted
Posts • 0
Likes •
January 1970
|
Sotheby's Art Auctions • LONDON 🇬🇧, by Deleted on Mar 16, 2020 22:12:28 GMT 1, This is more like 9/11, less like 2008-9 Market will recover by the end of the year. heavily indebted companies will be weeded out but such is life. It depends on how long we have to ride this out. I don’t see how this won’t be a fairly long term issue. I imagine we’ll see some long term travel bans and restrictions to potential hot zones like Africa that will have a hard time curtailing there spread. Any travel restrictions will kneecap the global markets full potential. We’re in the eye of this storm. We’ve yet to see the full impact of its destruction to be able to draw a conclusion on its long term effects. I imagine once companies begin reporting first quarter earnings, we’ll see a further drop. Also, largest expense in companies is labor. Layoffs will cause further panic and also stunt growth. I don’t see how companies aren’t already looking at how to cut to stop the bleeding. Governments across the world will need to champion incentives for companies or even penalize companies that lay-off during covid-19 to slow further market declines. Real talk. My wife just went to Walmart trying to find baby formula as we couldn’t find ANY over the weekend and are low and police were there guarding toilet paper. This is quite another animal...
I hope some escape
Freedom for the toilet paper
This is more like 9/11, less like 2008-9 Market will recover by the end of the year. heavily indebted companies will be weeded out but such is life. It depends on how long we have to ride this out. I don’t see how this won’t be a fairly long term issue. I imagine we’ll see some long term travel bans and restrictions to potential hot zones like Africa that will have a hard time curtailing there spread. Any travel restrictions will kneecap the global markets full potential. We’re in the eye of this storm. We’ve yet to see the full impact of its destruction to be able to draw a conclusion on its long term effects. I imagine once companies begin reporting first quarter earnings, we’ll see a further drop. Also, largest expense in companies is labor. Layoffs will cause further panic and also stunt growth. I don’t see how companies aren’t already looking at how to cut to stop the bleeding. Governments across the world will need to champion incentives for companies or even penalize companies that lay-off during covid-19 to slow further market declines. Real talk. My wife just went to Walmart trying to find baby formula as we couldn’t find ANY over the weekend and are low and police were there guarding toilet paper. This is quite another animal... I hope some escape Freedom for the toilet paper
|
|
Lazarus II
Junior Member
Posts • 1,803
Likes • 2,429
August 2019
|
Sotheby's Art Auctions • LONDON 🇬🇧, by Lazarus II on Mar 16, 2020 22:31:12 GMT 1, This is more like 9/11, less like 2008-9 Market will recover by the end of the year. heavily indebted companies will be weeded out but such is life. It depends on how long we have to ride this out. I don’t see how this won’t be a fairly long term issue. I imagine we’ll see some long term travel bans and restrictions to potential hot zones like Africa that will have a hard time curtailing there spread. Any travel restrictions will kneecap the global markets full potential. We’re in the eye of this storm. We’ve yet to see the full impact of its destruction to be able to draw a conclusion on its long term effects. I imagine once companies begin reporting first quarter earnings, we’ll see a further drop. Also, largest expense in companies is labor. Layoffs will cause further panic and also stunt growth. I don’t see how companies aren’t already looking at how to cut to stop the bleeding. Governments across the world will need to champion incentives for companies or even penalize companies that lay-off during covid-19 to slow further market declines. Real talk. My wife just went to Walmart trying to find baby formula as we couldn’t find ANY over the weekend and are low and police were there guarding toilet paper. This is quite another animal... stop typing and get searching for formula and bog roll.
This is more like 9/11, less like 2008-9 Market will recover by the end of the year. heavily indebted companies will be weeded out but such is life. It depends on how long we have to ride this out. I don’t see how this won’t be a fairly long term issue. I imagine we’ll see some long term travel bans and restrictions to potential hot zones like Africa that will have a hard time curtailing there spread. Any travel restrictions will kneecap the global markets full potential. We’re in the eye of this storm. We’ve yet to see the full impact of its destruction to be able to draw a conclusion on its long term effects. I imagine once companies begin reporting first quarter earnings, we’ll see a further drop. Also, largest expense in companies is labor. Layoffs will cause further panic and also stunt growth. I don’t see how companies aren’t already looking at how to cut to stop the bleeding. Governments across the world will need to champion incentives for companies or even penalize companies that lay-off during covid-19 to slow further market declines. Real talk. My wife just went to Walmart trying to find baby formula as we couldn’t find ANY over the weekend and are low and police were there guarding toilet paper. This is quite another animal... stop typing and get searching for formula and bog roll.
|
|
samo
Junior Member
Posts • 1,511
Likes • 1,210
October 2007
|
Sotheby's Art Auctions • LONDON 🇬🇧, by samo on Mar 17, 2020 18:10:43 GMT 1, Is Shrigley Banksy? 🤔
Is Shrigley Banksy? 🤔
|
|
iamzero
Full Member
Posts • 9,190
Likes • 8,545
May 2011
|
Sotheby's Art Auctions • LONDON 🇬🇧, by iamzero on Mar 17, 2020 18:16:59 GMT 1, The Stik Sleeping Baby fetched £30k I think?
The Stik Sleeping Baby fetched £30k I think?
|
|
LJCal
Junior Member
Posts • 2,927
Likes • 4,445
December 2019
|
Sotheby's Art Auctions • LONDON 🇬🇧, by LJCal on Mar 17, 2020 18:19:14 GMT 1, Is Shrigley Banksy? 🤔
That is fucking nuts, can’t be a genuine sale
Is Shrigley Banksy? 🤔
That is fucking nuts, can’t be a genuine sale
|
|
LJCal
Junior Member
Posts • 2,927
Likes • 4,445
December 2019
|
Sotheby's Art Auctions • LONDON 🇬🇧, by LJCal on Mar 17, 2020 18:23:47 GMT 1, Shrigley, Riley, Emin and Hirst all performed well ahead of my expectations. Seems like the art market is lagging behind the rest of the world.
Shrigley, Riley, Emin and Hirst all performed well ahead of my expectations. Seems like the art market is lagging behind the rest of the world.
|
|
noclue
New Member
Posts • 59
Likes • 47
December 2019
|
Sotheby's Art Auctions • LONDON 🇬🇧, by noclue on Mar 17, 2020 18:49:47 GMT 1, Anyone have the main results as keen to see? thanks in advance
Anyone have the main results as keen to see? thanks in advance
|
|
LJCal
Junior Member
Posts • 2,927
Likes • 4,445
December 2019
|
Sotheby's Art Auctions • LONDON 🇬🇧, by LJCal on Mar 17, 2020 18:56:34 GMT 1, The Stik Sleeping Baby fetched £30k I think?
Yes after fees. Hammered at £24k
The Stik Sleeping Baby fetched £30k I think? Yes after fees. Hammered at £24k
|
|
|
LJCal
Junior Member
Posts • 2,927
Likes • 4,445
December 2019
|
Sotheby's Art Auctions • LONDON 🇬🇧, by LJCal on Mar 17, 2020 18:56:55 GMT 1, Anyone have the main results as keen to see? thanks in advance
They’re all online
Anyone have the main results as keen to see? thanks in advance They’re all online
|
|
lv90210
Junior Member
Posts • 2,030
Likes • 1,926
January 2018
|
Sotheby's Art Auctions • LONDON 🇬🇧, by lv90210 on Mar 17, 2020 19:14:12 GMT 1, Current levels what the buyer pays with 9 days to go.
US PULP £18,760 / $22,699 US LN £18,760 / $22,699 US MQ £10,050 / $12,160 US GR £13,400 / $16,214 US GS £11,390 / $13,781 US BL £11,390 / $13,781 US RC £16,080 / $19,456 CHOCH DONUTS £22,708 / $27,563 US Girl With Balloon £87,100 / $105,391 DI FACED TENNERS £24,120 / $29,185 SINGED LOVE RAT - NO BIDS SINGED FC - NO BIDS PINK GWB AP - NO BIDS GRIN REAPER - £26,800 / $32,428 WHITE NOLA - £53,600 / $64,856 SINGED APPLAUSE - £20,100 / $24,321 US FLAGS £8,710 / $10,539 SINGED CND £29,480 / $35,670 STRAW DONUTS - NO BIDS US TM £9,380 / $11,349 US SE £9,380 / $11,349 US TROLLEYS £10,050 / $12,160 GOLD FLAGS £25,460 / $30,806 SIGNED GRANNIES £29,480 / $35,670 US MORONS £12,730 / $15,403
Current levels what the buyer pays with 9 days to go.
US PULP £18,760 / $22,699 US LN £18,760 / $22,699 US MQ £10,050 / $12,160 US GR £13,400 / $16,214 US GS £11,390 / $13,781 US BL £11,390 / $13,781 US RC £16,080 / $19,456 CHOCH DONUTS £22,708 / $27,563 US Girl With Balloon £87,100 / $105,391 DI FACED TENNERS £24,120 / $29,185 SINGED LOVE RAT - NO BIDS SINGED FC - NO BIDS PINK GWB AP - NO BIDS GRIN REAPER - £26,800 / $32,428 WHITE NOLA - £53,600 / $64,856 SINGED APPLAUSE - £20,100 / $24,321 US FLAGS £8,710 / $10,539 SINGED CND £29,480 / $35,670 STRAW DONUTS - NO BIDS US TM £9,380 / $11,349 US SE £9,380 / $11,349 US TROLLEYS £10,050 / $12,160 GOLD FLAGS £25,460 / $30,806 SIGNED GRANNIES £29,480 / $35,670 US MORONS £12,730 / $15,403
|
|
|
noclue
New Member
Posts • 59
Likes • 47
December 2019
|
Sotheby's Art Auctions • LONDON 🇬🇧, by noclue on Mar 17, 2020 19:51:35 GMT 1, Awesome, much appreciated
Awesome, much appreciated
|
|
blerd
Junior Member
Posts • 1,350
Likes • 1,203
November 2016
|
Sotheby's Art Auctions • LONDON 🇬🇧, by blerd on Mar 17, 2020 21:40:35 GMT 1, Current levels what the buyer pays with 9 days to go. US PULP £18,760 / $22,699 US LN £18,760 / $22,699 US MQ £10,050 / $12,160 US GR £13,400 / $16,214 US GS £11,390 / $13,781 US BL £11,390 / $13,781 US RC £16,080 / $19,456 CHOCH DONUTS £22,708 / $27,563 US Girl With Balloon £87,100 / $105,391 DI FACED TENNERS £24,120 / $29,185 SINGED LOVE RAT - NO BIDS SINGED FC - NO BIDS PINK Girl With Balloon AP - NO BIDS GRIN REAPER - £26,800 / $32,428 WHITE NOLA - £53,600 / $64,856 SINGED APPLAUSE - £20,100 / $24,321 US FLAGS £8,710 / $10,539 SINGED CND £29,480 / $35,670 STRAW DONUTS - NO BIDS US TM £9,380 / $11,349 US SE £9,380 / $11,349 US TROLLEYS £10,050 / $12,160 GOLD FLAGS £25,460 / $30,806 SIGNED GRANNIES £29,480 / $35,670 US MORONS £12,730 / $15,403 I don't fancy those burnt ones.
Current levels what the buyer pays with 9 days to go. US PULP £18,760 / $22,699 US LN £18,760 / $22,699 US MQ £10,050 / $12,160 US GR £13,400 / $16,214 US GS £11,390 / $13,781 US BL £11,390 / $13,781 US RC £16,080 / $19,456 CHOCH DONUTS £22,708 / $27,563 US Girl With Balloon £87,100 / $105,391 DI FACED TENNERS £24,120 / $29,185 SINGED LOVE RAT - NO BIDS SINGED FC - NO BIDS PINK Girl With Balloon AP - NO BIDS GRIN REAPER - £26,800 / $32,428 WHITE NOLA - £53,600 / $64,856 SINGED APPLAUSE - £20,100 / $24,321 US FLAGS £8,710 / $10,539 SINGED CND £29,480 / $35,670 STRAW DONUTS - NO BIDS US TM £9,380 / $11,349 US SE £9,380 / $11,349 US TROLLEYS £10,050 / $12,160 GOLD FLAGS £25,460 / $30,806 SIGNED GRANNIES £29,480 / $35,670 US MORONS £12,730 / $15,403 I don't fancy those burnt ones.
|
|
LJCal
Junior Member
Posts • 2,927
Likes • 4,445
December 2019
|
Sotheby's Art Auctions • LONDON 🇬🇧, by LJCal on Mar 17, 2020 21:49:27 GMT 1, I am shocked at how much some of the Emin bits have sold for. Yeah pretty punchy, the Shrigleys take the biscuit though. I’m sure there was shill bidders in that auction hyping his market.
I am shocked at how much some of the Emin bits have sold for. Yeah pretty punchy, the Shrigleys take the biscuit though. I’m sure there was shill bidders in that auction hyping his market.
|
|
LJCal
Junior Member
Posts • 2,927
Likes • 4,445
December 2019
|
Sotheby's Art Auctions • LONDON 🇬🇧, by LJCal on Mar 17, 2020 22:04:26 GMT 1, Yeah pretty punchy, the Shrigleys take the biscuit though. I’m sure there was shill bidders in that auction hyping his market. I have to be honest - some of those hammer prices are beyond dubious, especially with fees added on. Well, at least on paper, my entire collection is now worth a lot more than it was! The Hirst "LSD" spots also went for what I think is an insane amount (judging what I have been offered privately in the recent past) Hmmmmmmmm....... Yeah lsd was stupid, I mean £17k for a posh poster from a big edition. I’d be surprised if that was shill bidding tough, I’m not saying Hirst doesn’t do it but I’d imagine it would be ogs and more high profile sales. I think that price was two rich idiots bored at being locked in doors.
Yeah pretty punchy, the Shrigleys take the biscuit though. I’m sure there was shill bidders in that auction hyping his market. I have to be honest - some of those hammer prices are beyond dubious, especially with fees added on. Well, at least on paper, my entire collection is now worth a lot more than it was! The Hirst "LSD" spots also went for what I think is an insane amount (judging what I have been offered privately in the recent past) Hmmmmmmmm....... Yeah lsd was stupid, I mean £17k for a posh poster from a big edition. I’d be surprised if that was shill bidding tough, I’m not saying Hirst doesn’t do it but I’d imagine it would be ogs and more high profile sales. I think that price was two rich idiots bored at being locked in doors.
|
|
Horatio Nelson
New Member
Posts • 440
Likes • 553
Member is Online
November 2017
|
Sotheby's Art Auctions • LONDON 🇬🇧, by Horatio Nelson on Mar 17, 2020 22:22:32 GMT 1, I have a Rampage print myself and was following this with interest, including the pre-auction bids.
The 16k hammer price is absolutely absurd and can’t be a genuine result. The print is obviously long since sold out (and I think one of his much better pieces), but any collector with half a brain and some patience could source one of these outside the auction houses for no more than £5-6k tops, and certainly not into five figures.
Did anyone see the price go up in real time? (Just to make sure not a typo...)
I have a Rampage print myself and was following this with interest, including the pre-auction bids.
The 16k hammer price is absolutely absurd and can’t be a genuine result. The print is obviously long since sold out (and I think one of his much better pieces), but any collector with half a brain and some patience could source one of these outside the auction houses for no more than £5-6k tops, and certainly not into five figures.
Did anyone see the price go up in real time? (Just to make sure not a typo...)
|
|