sadiesays
New Member
๐จ๏ธ 6
๐๐ป 6
October 2020
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Advice for a clueless owner please!, by sadiesays on Oct 26, 2020 22:36:57 GMT 1, So my husband bought several prints back in the day before banksy was huge. Some signed, some not. We sold 3 that we had doubles of years ago as we were skint. The rest we put up in the loft in an art folder bar one which we framed, thinking we had maxed out value wise and would one day get round to getting them framed.
We called an online dealer on a whim the other day and he advised us to contact pest control and upload photos as a first step. On removing the only framed print some skinning (?) has occurred to the back. A thin piece has peeled back. It hasnโt affected the front. I assume this will decrease the overall value, anyone have a steer on how much so?
All the others are in good condition as far as I can tell.
Any advice on selling also appreciated. I assume that an auction house is the best way to go?
So my husband bought several prints back in the day before banksy was huge. Some signed, some not. We sold 3 that we had doubles of years ago as we were skint. The rest we put up in the loft in an art folder bar one which we framed, thinking we had maxed out value wise and would one day get round to getting them framed.
We called an online dealer on a whim the other day and he advised us to contact pest control and upload photos as a first step. On removing the only framed print some skinning (?) has occurred to the back. A thin piece has peeled back. It hasnโt affected the front. I assume this will decrease the overall value, anyone have a steer on how much so?
All the others are in good condition as far as I can tell.
Any advice on selling also appreciated. I assume that an auction house is the best way to go?
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Advice for a clueless owner please!, by Love Is In The Air on Oct 26, 2020 22:56:15 GMT 1, Hi Sadie, in terms of recent sale prices at auction to start you off, this website is a pretty good indicator:
www.banksy-value.com/index.php
There are quite a few threads on here about auction sales versus private sales versus consigning prints to a gallery to sell the prints for you(whilst taking commission). I will let other more experienced people advise you on this and no doubt you will also get messages from people here offering to buy your prints now!
Whatever Banksy prints you have, if some are signed and in good condition, you can expect a nice surprise in terms of what they are now worth.
Good luck with the sales!
Hi Sadie, in terms of recent sale prices at auction to start you off, this website is a pretty good indicator: www.banksy-value.com/index.phpThere are quite a few threads on here about auction sales versus private sales versus consigning prints to a gallery to sell the prints for you(whilst taking commission). I will let other more experienced people advise you on this and no doubt you will also get messages from people here offering to buy your prints now! Whatever Banksy prints you have, if some are signed and in good condition, you can expect a nice surprise in terms of what they are now worth. Good luck with the sales! |
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sadiesays
New Member
๐จ๏ธ 6
๐๐ป 6
October 2020
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Advice for a clueless owner please!, by sadiesays on Oct 26, 2020 23:01:04 GMT 1, Hi Sadie, in terms of recent sale prices at auction to start you off, this website is a pretty good indicator: www.banksy-value.com/index.phpThere are quite a few threads on here about auction sales versus private sales versus consigning prints to a gallery to sell the prints for you(whilst taking commission). I will let other more experienced people advise you on this and no doubt you will also get messages from people here offering to buy your prints now! Whatever Banksy prints you have, if some are signed and in good condition, you can expect a nice surprise in terms of what they are now worth. Good luck with the sales!
Thank you so much for the response! The art broker I spoke to gave me some numbers that I actually canโt get my head around to be honest. Insane!
Hi Sadie, in terms of recent sale prices at auction to start you off, this website is a pretty good indicator: www.banksy-value.com/index.phpThere are quite a few threads on here about auction sales versus private sales versus consigning prints to a gallery to sell the prints for you(whilst taking commission). I will let other more experienced people advise you on this and no doubt you will also get messages from people here offering to buy your prints now! Whatever Banksy prints you have, if some are signed and in good condition, you can expect a nice surprise in terms of what they are now worth. Good luck with the sales! Thank you so much for the response! The art broker I spoke to gave me some numbers that I actually canโt get my head around to be honest. Insane! |
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sadiesays
New Member
๐จ๏ธ 6
๐๐ป 6
October 2020
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Advice for a clueless owner please!, by sadiesays on Oct 26, 2020 23:02:17 GMT 1, So my husband bought several prints back in the day before banksy was huge. Some signed, some not. We sold 3 that we had doubles of years ago as we were skint. The rest we put up in the loft in an art folder bar one which we framed, thinking we had maxed out value wise and would one day get round to getting them framed. We called an online dealer on a whim the other day and he advised us to contact pest control and upload photos as a first step. On removing the only framed print some skinning (?) has occurred to the back. A thin piece has peeled back. It hasnโt affected the front. I assume this will decrease the overall value, anyone have a steer on how much so? All the others are in good condition as far as I can tell. Any advice on selling also appreciated. I assume that an auction house is the best way to go? Hi Sadie, where are you based?
Iโm in the UK ๐ฌ๐ง
So my husband bought several prints back in the day before banksy was huge. Some signed, some not. We sold 3 that we had doubles of years ago as we were skint. The rest we put up in the loft in an art folder bar one which we framed, thinking we had maxed out value wise and would one day get round to getting them framed. We called an online dealer on a whim the other day and he advised us to contact pest control and upload photos as a first step. On removing the only framed print some skinning (?) has occurred to the back. A thin piece has peeled back. It hasnโt affected the front. I assume this will decrease the overall value, anyone have a steer on how much so? All the others are in good condition as far as I can tell. Any advice on selling also appreciated. I assume that an auction house is the best way to go? Hi Sadie, where are you based? Iโm in the UK ๐ฌ๐ง |
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coller
Junior Member
๐จ๏ธ 2,384
๐๐ป 2,371
April 2015
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Advice for a clueless owner please!, by coller on Oct 26, 2020 23:05:06 GMT 1, I recommend you post the names of the prints you own. Be sure to not post the edition numbers.
The Banksy Value website that another member posted is a good resource, but it may not accurately reflect the value of your prints due to a lack of auction results or other reasons.
I recommend you post the names of the prints you own. Be sure to not post the edition numbers.
The Banksy Value website that another member posted is a good resource, but it may not accurately reflect the value of your prints due to a lack of auction results or other reasons.
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Advice for a clueless owner please!, by Love Is In The Air on Oct 26, 2020 23:08:33 GMT 1, I recommend you post the names of the prints you own. Be sure to not post the edition numbers. The Banksy Value website that another member posted is a good resource, but it may not accurately reflect the value of your prints due to a lack of auction results or other reasons.
I recommend you post the names of the prints you own. Be sure to not post the edition numbers. The Banksy Value website that another member posted is a good resource, but it may not accurately reflect the value of your prints due to a lack of auction results or other reasons. Yes this is a good point, don't think there is any harm you naming the prints you own here but NOT the numbers! If they are rare prints doing this will lead to you getting dozens of messages/offers too! |
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sadiesays
New Member
๐จ๏ธ 6
๐๐ป 6
October 2020
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Advice for a clueless owner please!, by sadiesays on Oct 26, 2020 23:23:11 GMT 1, I recommend you post the names of the prints you own. Be sure to not post the edition numbers. The Banksy Value website that another member posted is a good resource, but it may not accurately reflect the value of your prints due to a lack of auction results or other reasons.
Thank you, I really appreciate this advice. I have contacted a couple of brokers was planning on seeing what they say before sharing what I have. Iโm not clear on the process for private sales so I figured Iโd wait for the response from pest control and the brokers then maybe post here. Iโm very thankful for you telling me what not to post!
I recommend you post the names of the prints you own. Be sure to not post the edition numbers. The Banksy Value website that another member posted is a good resource, but it may not accurately reflect the value of your prints due to a lack of auction results or other reasons. Thank you, I really appreciate this advice. I have contacted a couple of brokers was planning on seeing what they say before sharing what I have. Iโm not clear on the process for private sales so I figured Iโd wait for the response from pest control and the brokers then maybe post here. Iโm very thankful for you telling me what not to post! |
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sfnyc
Junior Member
๐จ๏ธ 1,119
๐๐ป 1,132
August 2017
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Advice for a clueless owner please!, by sfnyc on Oct 26, 2020 23:34:16 GMT 1, You can also offer for it to be sold by Pest Control directly. Sell as little as you can, preferably your unsigned ones only, because you are going to kick yourself again in 10 years for selling now
You can also offer for it to be sold by Pest Control directly. Sell as little as you can, preferably your unsigned ones only, because you are going to kick yourself again in 10 years for selling now
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coller
Junior Member
๐จ๏ธ 2,384
๐๐ป 2,371
April 2015
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Advice for a clueless owner please!, by coller on Oct 26, 2020 23:40:13 GMT 1, I recommend you post the names of the prints you own. Be sure to not post the edition numbers. The Banksy Value website that another member posted is a good resource, but it may not accurately reflect the value of your prints due to a lack of auction results or other reasons. Thank you, I really appreciate this advice. I have contacted a couple of brokers was planning on seeing what they say before sharing what I have. Iโm not clear on the process for private sales so I figured Iโd wait for the response from pest control and the brokers then maybe post here. Iโm very thankful for you telling me what not to post!
I recommend you post the names of the prints you own. Be sure to not post the edition numbers. The Banksy Value website that another member posted is a good resource, but it may not accurately reflect the value of your prints due to a lack of auction results or other reasons. Thank you, I really appreciate this advice. I have contacted a couple of brokers was planning on seeing what they say before sharing what I have. Iโm not clear on the process for private sales so I figured Iโd wait for the response from pest control and the brokers then maybe post here. Iโm very thankful for you telling me what not to post! My post was really for getting a sense of value. If you choose to sell, I think you are better off at auction or selling via Pest Control. |
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sadiesays
New Member
๐จ๏ธ 6
๐๐ป 6
October 2020
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Advice for a clueless owner please!, by sadiesays on Oct 26, 2020 23:40:55 GMT 1, You can also offer for it to be sold by Pest Control directly. Sell as little as you can, preferably your unsigned ones only, because you are going to kick yourself again in 10 years for selling now
Haha literally just having this conversation! Thank you, I didnโt know that selling via pest control might be an option
You can also offer for it to be sold by Pest Control directly. Sell as little as you can, preferably your unsigned ones only, because you are going to kick yourself again in 10 years for selling now Haha literally just having this conversation! Thank you, I didnโt know that selling via pest control might be an option |
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Advice for a clueless owner please!, by Steph Rat Catcher on Oct 26, 2020 23:44:54 GMT 1, You could trade . Now have you seen the mats ๐คทโโ๏ธ ๐
You could trade . Now have you seen the mats ๐คทโโ๏ธ ๐
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tab1
Full Member
๐จ๏ธ 8,519
๐๐ป 3,679
September 2011
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Advice for a clueless owner please!, by tab1 on Oct 26, 2020 23:45:03 GMT 1, You can also offer for it to be sold by Pest Control directly. Sell as little as you can, preferably your unsigned ones only, because you are going to kick yourself again in 10 years for selling now
or for not selling now ? Who knows?
You can also offer for it to be sold by Pest Control directly. Sell as little as you can, preferably your unsigned ones only, because you are going to kick yourself again in 10 years for selling now or for not selling now ? Who knows? |
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sadiesays
New Member
๐จ๏ธ 6
๐๐ป 6
October 2020
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Advice for a clueless owner please!, by sadiesays on Oct 26, 2020 23:49:29 GMT 1, You could trade . Now have you seen the mats ๐คทโโ๏ธ ๐
Oh god I should get this shouldnโt I? You did read the clueless bit in my header didnโt you?!
Seriously though, Iโm getting some very helpful advice so thank you all
You could trade . Now have you seen the mats ๐คทโโ๏ธ ๐ Oh god I should get this shouldnโt I? You did read the clueless bit in my header didnโt you?! Seriously though, Iโm getting some very helpful advice so thank you all |
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Advice for a clueless owner please!, by Deleted on Oct 27, 2020 0:53:22 GMT 1, Or you can help out a young mans dreams
Or you can help out a young mans dreams
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Advice for a clueless owner please!, by zacksz 123123 on Oct 27, 2020 0:55:25 GMT 1, Iโd say to not worry about damages and just get your Pest Control in order for now.
Looking at past auctions (most recent) many of the sales have had some pretty damaged pieces but it seems that people are not reading condition reports anymore for banksy stuff.
Just make sure to get market value instead of giving these to an art broker, banksy stuff sells by itself.
Iโd say to not worry about damages and just get your Pest Control in order for now.
Looking at past auctions (most recent) many of the sales have had some pretty damaged pieces but it seems that people are not reading condition reports anymore for banksy stuff.
Just make sure to get market value instead of giving these to an art broker, banksy stuff sells by itself.
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tab1
Full Member
๐จ๏ธ 8,519
๐๐ป 3,679
September 2011
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Advice for a clueless owner please!, by tab1 on Oct 27, 2020 1:23:56 GMT 1, Or you can help out a young mans dreams
On the wrong forum
Or you can help out a young mans dreams On the wrong forum |
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JockoLad
New Member
๐จ๏ธ 745
๐๐ป 1,035
February 2007
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Advice for a clueless owner please!, by JockoLad on Oct 27, 2020 7:10:55 GMT 1, You can also offer for it to be sold by Pest Control directly. Sell as little as you can, preferably your unsigned ones only, because you are going to kick yourself again in 10 years for selling now
Has anyone ever done this? How does it work?
You can also offer for it to be sold by Pest Control directly. Sell as little as you can, preferably your unsigned ones only, because you are going to kick yourself again in 10 years for selling now Has anyone ever done this? How does it work? |
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hibster
New Member
๐จ๏ธ 237
๐๐ป 228
October 2013
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Advice for a clueless owner please!, by hibster on Oct 27, 2020 9:32:32 GMT 1, you may also want to look at getting them insured - they will be worth a lot as am sure you are finding out
capital gains tax will be payable, so best to only sell one a tax year to take advantage of your allowance - if they are owned by both you & your husband you can use your joint allowance (doubles the amount you can knock off the profit before tax comes in
in the meantime get them out of the loft & get a portfolio to keep them in with some acid free paper to protect them, keep them out of sunlight & flat
any that you have framed look at replacing the glass with uv glass to prevent fading
you may also want to look at getting them insured - they will be worth a lot as am sure you are finding out
capital gains tax will be payable, so best to only sell one a tax year to take advantage of your allowance - if they are owned by both you & your husband you can use your joint allowance (doubles the amount you can knock off the profit before tax comes in
in the meantime get them out of the loft & get a portfolio to keep them in with some acid free paper to protect them, keep them out of sunlight & flat
any that you have framed look at replacing the glass with uv glass to prevent fading
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Advice for a clueless owner please!, by stillborncrisps on Oct 27, 2020 10:45:26 GMT 1, Bear in mind getting authentication from Pest Control will usually take some months, some people have had to wait up to a year. Some of the recent auction houses have sold with COA pending (Certificate of Authentification) so you might be able to sell some quickly that way.
If possible it's probably best not to store them in the loft. The extremes of temperature (v hot in summer, v cold in winter and at night) are likely not to be having a good effect on the paper. Also, a leaky roof could see the whole lot ruined. That said, if you've got kids/pets they may be safer in the loft! Kitchens and bathrooms are also not good places due to high humidity. Are they in a portfolio, or still in tubes? Get some good quality white cotton art-handling gloves before touching any of the prints.
If you want to insure them you probably need a special art policy, due to value. They'll likely totally exceed your home and contents providers' max limit. I've just gone with Brownhill Insurance. They'll insure in blocks of ยฃ50k, (eg ยฃ150k, ยฃ200k, etc) for the total worth you have, and you have to name any that are above ยฃ50k (use www.banksy-value.com as a guide). They didn't make me get a burglar alarm, and the prices are covered by a future 20% increase which given the current rising prices might need a review in 6 months.  Expect to pay ยฃ500-ยฃ1k for this sort of insurance. You also need to tell your main insurer all of this and get them to put in writing that they're happy the art is insured with another provider and won't try and class you as being double-insured or being an undisclosed high-value risk for if you ever have to make a claim.
Finally, take your time, ask loads of questions here. You're probably wise not to list them here, even though we're all dying to know your booty, you'll just attract a slew of begging msgs from hawks asking you to sell. You being a noob I'd steer clear of dealing privately with anyone - your inbox is probably already stuffed full of amazing offers just from this post. There are good people, but not all, and it's tricky enough as it is - experienced forum members have been caught out and it's a lot to lose these days. That being said, let us know who you're thinking of dealing with as there are a few shyster brokers, galleries and auction houses who are well known to long-standing members here, and we can guide.
Bear in mind getting authentication from Pest Control will usually take some months, some people have had to wait up to a year. Some of the recent auction houses have sold with COA pending (Certificate of Authentification) so you might be able to sell some quickly that way. If possible it's probably best not to store them in the loft. The extremes of temperature (v hot in summer, v cold in winter and at night) are likely not to be having a good effect on the paper. Also, a leaky roof could see the whole lot ruined. That said, if you've got kids/pets they may be safer in the loft! Kitchens and bathrooms are also not good places due to high humidity. Are they in a portfolio, or still in tubes? Get some good quality white cotton art-handling gloves before touching any of the prints. If you want to insure them you probably need a special art policy, due to value. They'll likely totally exceed your home and contents providers' max limit. I've just gone with Brownhill Insurance. They'll insure in blocks of ยฃ50k, (eg ยฃ150k, ยฃ200k, etc) for the total worth you have, and you have to name any that are above ยฃ50k (use www.banksy-value.com as a guide). They didn't make me get a burglar alarm, and the prices are covered by a future 20% increase which given the current rising prices might need a review in 6 months. Expect to pay ยฃ500-ยฃ1k for this sort of insurance. You also need to tell your main insurer all of this and get them to put in writing that they're happy the art is insured with another provider and won't try and class you as being double-insured or being an undisclosed high-value risk for if you ever have to make a claim. Finally, take your time, ask loads of questions here. You're probably wise not to list them here, even though we're all dying to know your booty, you'll just attract a slew of begging msgs from hawks asking you to sell. You being a noob I'd steer clear of dealing privately with anyone - your inbox is probably already stuffed full of amazing offers just from this post. There are good people, but not all, and it's tricky enough as it is - experienced forum members have been caught out and it's a lot to lose these days. That being said, let us know who you're thinking of dealing with as there are a few shyster brokers, galleries and auction houses who are well known to long-standing members here, and we can guide.
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GMA
Junior Member
๐จ๏ธ 1,962
๐๐ป 2,994
October 2015
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Advice for a clueless owner please!, by GMA on Oct 27, 2020 11:58:00 GMT 1, All I find in the loft is big bastard spiders. *shudder*. As said above, get the COA's if you can, take them down from the loft, check them over. Keep them safe and don't tell anyone locally about your find, do that once you've got shot of them.
All I find in the loft is big bastard spiders. *shudder*. As said above, get the COA's if you can, take them down from the loft, check them over. Keep them safe and don't tell anyone locally about your find, do that once you've got shot of them.
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Skizz 82
Junior Member
๐จ๏ธ 1,085
๐๐ป 1,114
November 2019
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Advice for a clueless owner please!, by Skizz 82 on Oct 27, 2020 13:27:05 GMT 1, I didn't know that PC was also an intermediary for private sales.
I didn't know that PC was also an intermediary for private sales.
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Expect to pay ยฃ500-ยฃ1k for this sort of insurance. You also need to tell your main insurer all of this and get them to put in writing that they're happy the art is insured with another provider and won't try and class you as being double-insured or being an undisclosed high-value risk for if you ever have to make a claim.
