JockoLad
New Member
Posts • 744
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February 2007
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Artist Price Crashes, by JockoLad on Sept 9, 2020 21:39:04 GMT 1, Is anyone able to give examples of artists who’ve picked up similar momentum to Banksy and then seen their market crash?
Lots of naysayers on here who refer regularly to an imminent market crash. I would genuinely be keen to see some lived examples.
I am no expert but I find it hard to see how art that commands increasingly high prices could suddenly lose value. Is it not getting to a point where there is too much to lose so everyone invested in the market will do their best to keep things going? I also cannot think of an artist with similar popular appeal on a global scale at present - but again, I am no expert.
Informed views most welcome and thanks for taking time to reply.
Is anyone able to give examples of artists who’ve picked up similar momentum to Banksy and then seen their market crash?
Lots of naysayers on here who refer regularly to an imminent market crash. I would genuinely be keen to see some lived examples.
I am no expert but I find it hard to see how art that commands increasingly high prices could suddenly lose value. Is it not getting to a point where there is too much to lose so everyone invested in the market will do their best to keep things going? I also cannot think of an artist with similar popular appeal on a global scale at present - but again, I am no expert.
Informed views most welcome and thanks for taking time to reply.
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medichead
New Member
Posts • 575
Likes • 578
January 2017
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Artist Price Crashes, by medichead on Sept 9, 2020 22:01:56 GMT 1, Look up zombie formalism, not exactly an equivalent, but makes an interesting read.
Look up zombie formalism, not exactly an equivalent, but makes an interesting read.
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coller
Junior Member
Posts • 2,381
Likes • 2,371
April 2015
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Artist Price Crashes, by coller on Sept 9, 2020 22:10:25 GMT 1, micallef
micallef
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LJCal
Junior Member
Posts • 2,929
Likes • 4,448
December 2019
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Artist Price Crashes, by LJCal on Sept 9, 2020 22:40:53 GMT 1, Damien Hirst’s market had a big correction and never really reached the highs seen in 2008.
Lucien Smith is an artist that has had the biggest fall that I can think of.
Damien Hirst’s market had a big correction and never really reached the highs seen in 2008.
Lucien Smith is an artist that has had the biggest fall that I can think of.
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Winter
Junior Member
Posts • 7,153
Likes • 4,455
March 2007
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Artist Price Crashes, by Winter on Sept 9, 2020 22:43:33 GMT 1, Nick Walker had a correction as did Adam Neate.
Nick Walker had a correction as did Adam Neate.
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Artist Price Crashes, by Phear Loathing on Sept 9, 2020 22:46:48 GMT 1, Almost all art? Tons of names I collect haven't moved much, if it all. Almost all collectible markets have gone way up, though. Most of it isn't sustainable in the long term and it will crash at gone point, the trick is holding the things that will sustain and no one knows what that will be. yes, almost all, ppl like hebru were not even selling hard 6months ago now look at his market, KAWS continues 2 rise, Banksy is on another lvl like if u got there early enough u can now fund your existence off his interest alone, n many others, both semi-known n world famous, ALL have gone up, some drastically so, some slightly but almost all collectible art has risen in price this year....
Can you share where i can find more about hebru’s pricing?
Have one really nice print from him and may cash in
Almost all art? Tons of names I collect haven't moved much, if it all. Almost all collectible markets have gone way up, though. Most of it isn't sustainable in the long term and it will crash at gone point, the trick is holding the things that will sustain and no one knows what that will be. yes, almost all, ppl like hebru were not even selling hard 6months ago now look at his market, KAWS continues 2 rise, Banksy is on another lvl like if u got there early enough u can now fund your existence off his interest alone, n many others, both semi-known n world famous, ALL have gone up, some drastically so, some slightly but almost all collectible art has risen in price this year.... Can you share where i can find more about hebru’s pricing? Have one really nice print from him and may cash in |
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LJCal
Junior Member
Posts • 2,929
Likes • 4,448
December 2019
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Artist Price Crashes, by LJCal on Sept 9, 2020 22:51:57 GMT 1, yes, almost all, ppl like hebru were not even selling hard 6months ago now look at his market, KAWS continues 2 rise, Banksy is on another lvl like if u got there early enough u can now fund your existence off his interest alone, n many others, both semi-known n world famous, ALL have gone up, some drastically so, some slightly but almost all collectible art has risen in price this year.... Can you share where i can find more about hebru’s pricing? Have one really nice print from him and may cash in
yes, almost all, ppl like hebru were not even selling hard 6months ago now look at his market, KAWS continues 2 rise, Banksy is on another lvl like if u got there early enough u can now fund your existence off his interest alone, n many others, both semi-known n world famous, ALL have gone up, some drastically so, some slightly but almost all collectible art has risen in price this year.... Can you share where i can find more about hebru’s pricing? Have one really nice print from him and may cash in His prints seem to go for between 3-5k usd |
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coller
Junior Member
Posts • 2,381
Likes • 2,371
April 2015
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Artist Price Crashes, by coller on Sept 9, 2020 22:59:33 GMT 1, i also think the 'cartoonists masquerading as artists' trend will die eventually imo. people like hebru, edgar plans, mr., etc. - that's more of a personal opinion
i also think the 'cartoonists masquerading as artists' trend will die eventually imo. people like hebru, edgar plans, mr., etc. - that's more of a personal opinion
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coller
Junior Member
Posts • 2,381
Likes • 2,371
April 2015
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Artist Price Crashes, by coller on Sept 10, 2020 0:33:39 GMT 1, yea it's possible. jamie hewlett destroys all of these ppl, in my opinion. maybe him.
the others just seem like stuff i'd hang in my child's bedroom.
yea it's possible. jamie hewlett destroys all of these ppl, in my opinion. maybe him.
the others just seem like stuff i'd hang in my child's bedroom.
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fonebone45
New Member
Posts • 343
Likes • 261
August 2014
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Artist Price Crashes, by fonebone45 on Sept 10, 2020 4:30:19 GMT 1, Everything that doesn't make it into museum shows, and blue chip collector's hands will eventually go down. Most is being fueled by hype, and celebs right now. It's just easier to build hype now with social media.
Everything that doesn't make it into museum shows, and blue chip collector's hands will eventually go down. Most is being fueled by hype, and celebs right now. It's just easier to build hype now with social media.
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JockoLad
New Member
Posts • 744
Likes • 1,035
February 2007
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Artist Price Crashes, by JockoLad on Sept 10, 2020 7:37:15 GMT 1, Everything that doesn't make it into museum shows, and blue chip collector's hands will eventually go down. Most is being fueled by hype, and celebs right now. It's just easier to build hype now with social media.
Whilst Banksy held his exhibition within the Bristol Museum, would I be correct in saying that no major museums or institutions have purchased any of his work for their collections? I think Peckham Rock might be the exception - the original, not the postcard.
Everything that doesn't make it into museum shows, and blue chip collector's hands will eventually go down. Most is being fueled by hype, and celebs right now. It's just easier to build hype now with social media. Whilst Banksy held his exhibition within the Bristol Museum, would I be correct in saying that no major museums or institutions have purchased any of his work for their collections? I think Peckham Rock might be the exception - the original, not the postcard. |
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buffin
New Member
Posts • 212
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September 2015
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Artist Price Crashes, by buffin on Sept 10, 2020 7:42:25 GMT 1, Everything that doesn't make it into museum shows, and blue chip collector's hands will eventually go down. Most is being fueled by hype, and celebs right now. It's just easier to build hype now with social media. Whilst Banksy held his exhibition within the Bristol Museum, would I be correct in saying that no major museums or institutions have purchased any of his work for their collections? I think Peckham Rock might be the exception - the original, not the postcard.
news.artnet.com/art-world/british-museum-acquires-first-banksy-1454380
Everything that doesn't make it into museum shows, and blue chip collector's hands will eventually go down. Most is being fueled by hype, and celebs right now. It's just easier to build hype now with social media. Whilst Banksy held his exhibition within the Bristol Museum, would I be correct in saying that no major museums or institutions have purchased any of his work for their collections? I think Peckham Rock might be the exception - the original, not the postcard. |
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Sundowner
Junior Member
Posts • 4,227
Likes • 2,429
September 2008
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Artist Price Crashes, by Sundowner on Sept 10, 2020 7:58:45 GMT 1, Also a number of works in the V&A collection here.
Also a number of works in the V&A collection here. |
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JD
Junior Member
Posts • 1,756
Likes • 706
June 2007
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Artist Price Crashes, by JD on Sept 10, 2020 8:18:30 GMT 1, Adam Neate . Falls of 75% at least from the top . That’s a fact by the way as I paid it .
Nick walker
Miscalef
Hirst
Adam Neate . Falls of 75% at least from the top . That’s a fact by the way as I paid it .
Nick walker
Miscalef
Hirst
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Artist Price Crashes, by Brittany's Urban on Sept 10, 2020 8:39:52 GMT 1, Dran?
Dran?
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gross
New Member
Posts • 180
Likes • 93
January 2020
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Artist Price Crashes, by gross on Sept 10, 2020 8:41:25 GMT 1, Is anyone able to give examples of artists who’ve picked up similar momentum to Banksy and then seen their market crash? Lots of naysayers on here who refer regularly to an imminent market crash. I would genuinely be keen to see some lived examples. I am no expert but I find it hard to see how art that commands increasingly high prices could suddenly lose value. Is it not getting to a point where there is too much to lose so everyone invested in the market will do their best to keep things going? I also cannot think of an artist with similar popular appeal on a global scale at present - but again, I am no expert. Informed views most welcome and thanks for taking time to reply.
Banksy 2007
Is anyone able to give examples of artists who’ve picked up similar momentum to Banksy and then seen their market crash? Lots of naysayers on here who refer regularly to an imminent market crash. I would genuinely be keen to see some lived examples. I am no expert but I find it hard to see how art that commands increasingly high prices could suddenly lose value. Is it not getting to a point where there is too much to lose so everyone invested in the market will do their best to keep things going? I also cannot think of an artist with similar popular appeal on a global scale at present - but again, I am no expert. Informed views most welcome and thanks for taking time to reply. Banksy 2007 |
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medichead
New Member
Posts • 575
Likes • 578
January 2017
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Artist Price Crashes, by medichead on Sept 10, 2020 8:54:52 GMT 1, Banksy is safe. His OG prices are at the point that the high net worth are paying attention and collecting. These same individuals are on the acquisition boards and donors to institutions, and these institutions cannot escape reflecting the taste of the wealthy.
In my opinion, his place in art history is largely cemented.
Banksy is safe. His OG prices are at the point that the high net worth are paying attention and collecting. These same individuals are on the acquisition boards and donors to institutions, and these institutions cannot escape reflecting the taste of the wealthy.
In my opinion, his place in art history is largely cemented.
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JockoLad
New Member
Posts • 744
Likes • 1,035
February 2007
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Artist Price Crashes, by JockoLad on Sept 10, 2020 8:57:34 GMT 1, Is anyone able to give examples of artists who’ve picked up similar momentum to Banksy and then seen their market crash? Lots of naysayers on here who refer regularly to an imminent market crash. I would genuinely be keen to see some lived examples. I am no expert but I find it hard to see how art that commands increasingly high prices could suddenly lose value. Is it not getting to a point where there is too much to lose so everyone invested in the market will do their best to keep things going? I also cannot think of an artist with similar popular appeal on a global scale at present - but again, I am no expert. Informed views most welcome and thanks for taking time to reply. Banksy 2007
Didn’t crash. Slight drop perhaps but held pretty well all things considered.
BONGO’s advice back then was to hold on. How right he was. A sage greatly missed from this forum.
Is anyone able to give examples of artists who’ve picked up similar momentum to Banksy and then seen their market crash? Lots of naysayers on here who refer regularly to an imminent market crash. I would genuinely be keen to see some lived examples. I am no expert but I find it hard to see how art that commands increasingly high prices could suddenly lose value. Is it not getting to a point where there is too much to lose so everyone invested in the market will do their best to keep things going? I also cannot think of an artist with similar popular appeal on a global scale at present - but again, I am no expert. Informed views most welcome and thanks for taking time to reply. Banksy 2007 Didn’t crash. Slight drop perhaps but held pretty well all things considered. BONGO’s advice back then was to hold on. How right he was. A sage greatly missed from this forum. |
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legalalien
New Member
Posts • 178
Likes • 31
December 2010
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Artist Price Crashes, by legalalien on Sept 10, 2020 9:02:30 GMT 1, Not urban art but Rolf Harris anyone?
Jeremy Geddes prices definitely started softening as he moved towards timed releases rather than limited edition ones.
Not urban art but Rolf Harris anyone?
Jeremy Geddes prices definitely started softening as he moved towards timed releases rather than limited edition ones.
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legalalien
New Member
Posts • 178
Likes • 31
December 2010
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Artist Price Crashes, by legalalien on Sept 10, 2020 9:07:55 GMT 1, Everything that doesn't make it into museum shows, and blue chip collector's hands will eventually go down. Most is being fueled by hype, and celebs right now. It's just easier to build hype now with social media.
Everything that doesn't make it into museum shows, and blue chip collector's hands will eventually go down. Most is being fueled by hype, and celebs right now. It's just easier to build hype now with social media. There may be some truth to this but some artists can transition from social media, to high end galleries to record auction results, Mike Dargas is an example. |
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peted
New Member
Posts • 847
Likes • 675
April 2014
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Artist Price Crashes, by peted on Sept 10, 2020 9:18:04 GMT 1, Not urban art but Rolf Harris anyone? Jeremy Geddes prices definitely started softening as he moved towards timed releases rather than limited edition ones.
Not urban art but Rolf Harris anyone? Jeremy Geddes prices definitely started softening as he moved towards timed releases rather than limited edition ones. RH - I think his notoriety may well have the opposite effect. If not in the short term then in the longer term after his passing. |
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medichead
New Member
Posts • 575
Likes • 578
January 2017
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Artist Price Crashes, by medichead on Sept 10, 2020 9:21:57 GMT 1, Everything that doesn't make it into museum shows, and blue chip collector's hands will eventually go down. Most is being fueled by hype, and celebs right now. It's just easier to build hype now with social media. There may be some truth to this but some artists can transition from social media, to high end galleries to record auction results, Mike Dargas is an example.
Everything that doesn't make it into museum shows, and blue chip collector's hands will eventually go down. Most is being fueled by hype, and celebs right now. It's just easier to build hype now with social media. There may be some truth to this but some artists can transition from social media, to high end galleries to record auction results, Mike Dargas is an example. Most contemporary art auction results by young artists are manipulated to some degree. I would be careful how much you allow them to influence your moves. |
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Deleted
Posts • 0
Likes •
January 1970
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Artist Price Crashes, by Deleted on Sept 10, 2020 12:11:03 GMT 1, Don't take the risk, buy my prints. You can only lose £40 
Don't take the risk, buy my prints. You can only lose £40 |
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fonebone45
New Member
Posts • 343
Likes • 261
August 2014
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Artist Price Crashes, by fonebone45 on Sept 10, 2020 14:41:04 GMT 1, Don't take the risk, buy my prints. You can only lose £40 
Just released a series of 4 that turned out really nice!
But seriously, with Street Art/Urban Art just buy stuff you like on the wall. If you can sell it later awesome. But it's only going up if a celebrity buys it and shows it off on instagram, and even then it'll only be for a few years.
These guys are pumping out over priced art too quickly.
Don't take the risk, buy my prints. You can only lose £40 Or mine Just released a series of 4 that turned out really nice! But seriously, with Street Art/Urban Art just buy stuff you like on the wall. If you can sell it later awesome. But it's only going up if a celebrity buys it and shows it off on instagram, and even then it'll only be for a few years. These guys are pumping out over priced art too quickly. |
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JockoLad
New Member
Posts • 744
Likes • 1,035
February 2007
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Artist Price Crashes, by JockoLad on Sept 10, 2020 15:09:01 GMT 1, Don't take the risk, buy my prints. You can only lose £40
I like it! Having bought my prints back in the day I’m in a similar situation as I only stand to lose hundreds if the market completely tanks. As I’ve said before, absolute worst case scenario is I have some art on my wall that I can tell a story about and an expensive doormat to wipe my feet on. Also have a great supply of postcards to be sending people.
Don't take the risk, buy my prints. You can only lose £40 I like it! Having bought my prints back in the day I’m in a similar situation as I only stand to lose hundreds if the market completely tanks. As I’ve said before, absolute worst case scenario is I have some art on my wall that I can tell a story about and an expensive doormat to wipe my feet on. Also have a great supply of postcards to be sending people. |
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Deleted
Posts • 0
Likes •
January 1970
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Artist Price Crashes, by Deleted on Sept 10, 2020 17:29:21 GMT 1, Actually the paper is intrinsically worth a couple of quid so you can also keep the kids amused by letting them draw on the back. I might start printing word searches and colouring pictures on the back TGI's style. Buy your own crayons.
Actually the paper is intrinsically worth a couple of quid so you can also keep the kids amused by letting them draw on the back. I might start printing word searches and colouring pictures on the back TGI's style. Buy your own crayons.
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