lukin56
New Member
๐จ๏ธ 89
๐๐ป 56
October 2018
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TateWard โข Art Auctions ๐ฌ๐ง, by lukin56 on Jul 2, 2019 20:57:14 GMT 1, What did the pulp fiction go for ?
What did the pulp fiction go for ? 11k plus fees |
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Inknart
Junior Member
๐จ๏ธ 3,490
๐๐ป 3,288
April 2015
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TateWard โข Art Auctions ๐ฌ๐ง, by Inknart on Jul 2, 2019 20:57:40 GMT 1, 4200 , 4600 , and 4800 plus 25% Premium. Decent results.
4200 , 4600 , and 4800 plus 25% Premium. Decent results. |
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kuni
Junior Member
๐จ๏ธ 1,153
๐๐ป 1,818
February 2018
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TateWard โข Art Auctions ๐ฌ๐ง, by kuni on Jul 2, 2019 21:47:16 GMT 1, Christ, the Alec Monopoly canvas hammered for 8k.
Christ, the Alec Monopoly canvas hammered for 8k.
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TateWard โข Art Auctions ๐ฌ๐ง, by Jalouse Rosemont on Jul 2, 2019 22:19:24 GMT 1, Really! (draws breath) Who is going to pay +30% fees for most of that dross being carted out?
I thought auctions was supposed to reveal some lost gems, not a bunch of garbage that didn't sell on eBay for the 5th time running... (I know what, I'll put it in an auction!).
The horror.....
media.giphy.com/media/sdrrcl4cwlTIA/giphy.gif
Really! (draws breath) Who is going to pay +30% fees for most of that dross being carted out? I thought auctions was supposed to reveal some lost gems, not a bunch of garbage that didn't sell on eBay for the 5th time running... (I know what, I'll put it in an auction!). The horror..... media.giphy.com/media/sdrrcl4cwlTIA/giphy.gif |
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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TateWard โข Art Auctions ๐ฌ๐ง, by Deleted on Jul 2, 2019 22:33:37 GMT 1, Really! (draws breath) Who is going to pay +30% fees for most of that dross being carted out? I thought auctions was supposed to reveal some lost gems, not a bunch of garbage that didn't sell on eBay for the 5th time running... (I know what, I'll put it in an auction!). The horror..... media.giphy.com/media/sdrrcl4cwlTIA/giphy.gif
The successful bidders will pay i presume.
Really! (draws breath) Who is going to pay +30% fees for most of that dross being carted out? I thought auctions was supposed to reveal some lost gems, not a bunch of garbage that didn't sell on eBay for the 5th time running... (I know what, I'll put it in an auction!). The horror..... media.giphy.com/media/sdrrcl4cwlTIA/giphy.gifThe successful bidders will pay i presume. |
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TateWard โข Art Auctions ๐ฌ๐ง, by Jalouse Rosemont on Jul 2, 2019 22:57:51 GMT 1, Really! (draws breath) Who is going to pay +30% fees for most of that dross being carted out? I thought auctions was supposed to reveal some lost gems, not a bunch of garbage that didn't sell on eBay for the 5th time running... (I know what, I'll put it in an auction!). The horror..... media.giphy.com/media/sdrrcl4cwlTIA/giphy.gifThe successful bidders will pay i presume.
Really! (draws breath) Who is going to pay +30% fees for most of that dross being carted out? I thought auctions was supposed to reveal some lost gems, not a bunch of garbage that didn't sell on eBay for the 5th time running... (I know what, I'll put it in an auction!). The horror..... media.giphy.com/media/sdrrcl4cwlTIA/giphy.gifThe successful bidders will pay i presume. Not many of those, was there? |
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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TateWard โข Art Auctions ๐ฌ๐ง, by Deleted on Jul 2, 2019 23:00:07 GMT 1, The successful bidders will pay i presume. Not many of those, was there?
doesnt sound like it on reading this thread but these are the folks who will pay.
The successful bidders will pay i presume. Not many of those, was there? doesnt sound like it on reading this thread but these are the folks who will pay. |
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d.r. perseus
Junior Member
๐จ๏ธ 1,570
๐๐ป 1,749
December 2014
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TateWard โข Art Auctions ๐ฌ๐ง, by d.r. perseus on Jul 3, 2019 0:49:26 GMT 1, Whatโs the deal with registration?
Whatโs the deal with registration?
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daniel3886
Junior Member
๐จ๏ธ 1,250
๐๐ป 995
October 2006
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TateWard โข Art Auctions ๐ฌ๐ง, by daniel3886 on Jul 3, 2019 1:16:59 GMT 1, You said..."bidding direct with us saves buyers online bidding charges" but I just logged in to Tate Ward and it states that there is an additional 3% charge for using the online live bidding service. Is this correct?
Iโll check why you were seeing this as the fee is correct but we have decided to absorb it for our buyers to make our own site the cheapest
way to bid online and access the auction. I can promise any invoice which has a 3% charge for bidding via our own website will be cancelled immediately. Sorry I couldnโt reply to this sooner but todayโs auction had my full attention.
You said..."bidding direct with us saves buyers online bidding charges" but I just logged in to Tate Ward and it states that there is an additional 3% charge for using the online live bidding service. Is this correct? Iโll check why you were seeing this as the fee is correct but we have decided to absorb it for our buyers to make our own site the cheapest way to bid online and access the auction. I can promise any invoice which has a 3% charge for bidding via our own website will be cancelled immediately. Sorry I couldnโt reply to this sooner but todayโs auction had my full attention. |
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daniel3886
Junior Member
๐จ๏ธ 1,250
๐๐ป 995
October 2006
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TateWard โข Art Auctions ๐ฌ๐ง, by daniel3886 on Jul 3, 2019 1:25:00 GMT 1, I think all the Banksy estimates are top end imho
Feel free to point any Banksy Sellers who want low estimates and reserves our way. My experience is every seller wants the absolute best price possible. Few are willing to put things in aggressively cheap as they donโt want to risk giving work away and that strategy may work in some cases itโs not foolproof.
Iโd rather pass something and return it than leave any seller feeling sick for selling too cheap.
I think all the Banksy estimates are top end imho Feel free to point any Banksy Sellers who want low estimates and reserves our way. My experience is every seller wants the absolute best price possible. Few are willing to put things in aggressively cheap as they donโt want to risk giving work away and that strategy may work in some cases itโs not foolproof. Iโd rather pass something and return it than leave any seller feeling sick for selling too cheap. |
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daniel3886
Junior Member
๐จ๏ธ 1,250
๐๐ป 995
October 2006
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TateWard โข Art Auctions ๐ฌ๐ง, by daniel3886 on Jul 3, 2019 1:26:11 GMT 1, Whatโs the deal with registration?
The sale has finished but if you check our website, feel free to approach us on any unsold lots.
Whatโs the deal with registration? The sale has finished but if you check our website, feel free to approach us on any unsold lots. |
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daniel3886
Junior Member
๐จ๏ธ 1,250
๐๐ป 995
October 2006
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TateWard โข Art Auctions ๐ฌ๐ง, by daniel3886 on Jul 3, 2019 1:32:49 GMT 1, This is all around disappointing. Starting way below the low estimates and never working their way up to the minimum. Also, feel they are quick to pass on some of them - like they expect to pass and are generally surprised when there's a bid. Would love to see the total sell through rate.
Iโve stated before our concern is not our sell through rate, our target is to sell work at prices our clients are happy with. Each sale has a very happy consigner behind it. When taking work in Iโve never come across a seller who isnโt happy with their chances of achieving a sale.
This is all around disappointing. Starting way below the low estimates and never working their way up to the minimum. Also, feel they are quick to pass on some of them - like they expect to pass and are generally surprised when there's a bid. Would love to see the total sell through rate. Iโve stated before our concern is not our sell through rate, our target is to sell work at prices our clients are happy with. Each sale has a very happy consigner behind it. When taking work in Iโve never come across a seller who isnโt happy with their chances of achieving a sale. |
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daniel3886
Junior Member
๐จ๏ธ 1,250
๐๐ป 995
October 2006
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TateWard โข Art Auctions ๐ฌ๐ง, by daniel3886 on Jul 3, 2019 1:39:04 GMT 1, If they wish to keep this going then the lot criteria needs to be stricte, and they need more realistic reserves. All well n good letting sellers dictate prices, but it just ends up with lots going unsold.
Interested to hear what you think the criteria should be? Sellers are not given carte blanche, we advise and mutually agree numbers that work. Some sellers are firm on prices and will only move from that once the work has passed.
Iโd encourage anyone interested in a passed lot to get in touch with us. Nick and I will be conducting aftersales as a priority over the coming days, sellers continue to get our best efforts to sell their consigned works.
If they wish to keep this going then the lot criteria needs to be stricte, and they need more realistic reserves. All well n good letting sellers dictate prices, but it just ends up with lots going unsold. Interested to hear what you think the criteria should be? Sellers are not given carte blanche, we advise and mutually agree numbers that work. Some sellers are firm on prices and will only move from that once the work has passed. Iโd encourage anyone interested in a passed lot to get in touch with us. Nick and I will be conducting aftersales as a priority over the coming days, sellers continue to get our best efforts to sell their consigned works. |
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daniel3886
Junior Member
๐จ๏ธ 1,250
๐๐ป 995
October 2006
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TateWard โข Art Auctions ๐ฌ๐ง, by daniel3886 on Jul 3, 2019 1:46:12 GMT 1, Give Danny and the team a chance. New auction houses have to find their feet. I watched auction houses start and grow over many years, its all about getting the name out.ย Yes they will make a bloomer or two but we all do.ย Setting up an auction house is not an easy business and its a very expensive start up. Come on i'm sure there are a few of you that will want to wish them well for the future Good luck Danny i'm sure you will be on to answer a few postsย 
Appreciate your view on the sale. Auctions can be fickle with many factors contributing to an array of results.
We put our customers first above all else and will continue to do so. I see few others doing this. We listen to all comments good and bad and look to modify our model to adapt to changes in mkt conditions.
Give Danny and the team a chance. New auction houses have to find their feet. I watched auction houses start and grow over many years, its all about getting the name out.ย Yes they will make a bloomer or two but we all do.ย Setting up an auction house is not an easy business and its a very expensive start up. Come on i'm sure there are a few of you that will want to wish them well for the future Good luck Danny i'm sure you will be on to answer a few postsย Appreciate your view on the sale. Auctions can be fickle with many factors contributing to an array of results. We put our customers first above all else and will continue to do so. I see few others doing this. We listen to all comments good and bad and look to modify our model to adapt to changes in mkt conditions. |
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daniel3886
Junior Member
๐จ๏ธ 1,250
๐๐ป 995
October 2006
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TateWard โข Art Auctions ๐ฌ๐ง, by daniel3886 on Jul 3, 2019 1:48:59 GMT 1, Really! (draws breath) Who is going to pay +30% fees for most of that dross being carted out? I thought auctions was supposed to reveal some lost gems, not a bunch of garbage that didn't sell on eBay for the 5th time running... (I know what, I'll put it in an auction!). The horror..... media.giphy.com/media/sdrrcl4cwlTIA/giphy.gif
Was there truly nothing in all 462 lots that was of interest to you? If itโs really a no let me know what is of interest and Iโll make sure the next sale has some work you will be excited about?
Really! (draws breath) Who is going to pay +30% fees for most of that dross being carted out? I thought auctions was supposed to reveal some lost gems, not a bunch of garbage that didn't sell on eBay for the 5th time running... (I know what, I'll put it in an auction!). The horror..... media.giphy.com/media/sdrrcl4cwlTIA/giphy.gifWas there truly nothing in all 462 lots that was of interest to you? If itโs really a no let me know what is of interest and Iโll make sure the next sale has some work you will be excited about? |
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daniel3886
Junior Member
๐จ๏ธ 1,250
๐๐ป 995
October 2006
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TateWard โข Art Auctions ๐ฌ๐ง, by daniel3886 on Jul 3, 2019 1:58:00 GMT 1, The successful bidders will pay i presume. Not many of those, was there?
FYI there were 3 non paying bidders last time, they came via online platforms and have since been banned from all future sales. Non paying bidders will be pursued as strongly as possible and banned from subsequent sales. I will update this in 30 days in the event of any of todayโs bidders deciding not to pay so there is a clear transparent picture of delinquency rates. I expect the figure will continue to be small and policy is any unpaid lot is re offered at 0% in the next sale.
The successful bidders will pay i presume. Not many of those, was there? FYI there were 3 non paying bidders last time, they came via online platforms and have since been banned from all future sales. Non paying bidders will be pursued as strongly as possible and banned from subsequent sales. I will update this in 30 days in the event of any of todayโs bidders deciding not to pay so there is a clear transparent picture of delinquency rates. I expect the figure will continue to be small and policy is any unpaid lot is re offered at 0% in the next sale. |
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Bruno Art 99
New Member
๐จ๏ธ 736
๐๐ป 205
October 2016
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TateWard โข Art Auctions ๐ฌ๐ง, by Bruno Art 99 on Jul 3, 2019 7:30:53 GMT 1, Enjoyed watching the auction on line ,some strong prices,bagged myself a bargain with an eine white numbers ,just waiting now for confirming e mail and to collect
Enjoyed watching the auction on line ,some strong prices,bagged myself a bargain with an eine white numbers ,just waiting now for confirming e mail and to collect
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Bruno Art 99
New Member
๐จ๏ธ 736
๐๐ป 205
October 2016
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TateWard โข Art Auctions ๐ฌ๐ง, by Bruno Art 99 on Jul 3, 2019 8:27:25 GMT 1, How do you find unsold work on the website ?if the items need to be removed on the day of the sale how does that work?
How do you find unsold work on the website ?if the items need to be removed on the day of the sale how does that work?
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daniel3886
Junior Member
๐จ๏ธ 1,250
๐๐ป 995
October 2006
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TateWard โข Art Auctions ๐ฌ๐ง, by daniel3886 on Jul 3, 2019 9:37:40 GMT 1, Enjoyed watching the auction on line ,some strong prices,bagged myself a bargain with an eine white numbers ,just waiting now for confirming e mail and to collect
Congrats on the purchase invoice will follow shortly. The work is being removed back to storage at Cadogan Tate for collection. If you are very local to Shoreditch you may be able to collect and pay for the work before it leaves but youโll need to be there in the next hour or so.
Enjoyed watching the auction on line ,some strong prices,bagged myself a bargain with an eine white numbers ,just waiting now for confirming e mail and to collect Congrats on the purchase invoice will follow shortly. The work is being removed back to storage at Cadogan Tate for collection. If you are very local to Shoreditch you may be able to collect and pay for the work before it leaves but youโll need to be there in the next hour or so. |
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daniel3886
Junior Member
๐จ๏ธ 1,250
๐๐ป 995
October 2006
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TateWard โข Art Auctions ๐ฌ๐ง, by daniel3886 on Jul 3, 2019 9:41:35 GMT 1, How do you find unsold work on the website ?if the items need to be removed on the day of the sale how does that work?
We are beginning aftersales this morning and final results will not be published until theyโre complete. In the mean time you can see the lots still available on the link below
www.invaluable.com/catalog/8LM9GPSR13
Please contact nick@tateward.com for all aftersales enquiryโs
How do you find unsold work on the website ?if the items need to be removed on the day of the sale how does that work? We are beginning aftersales this morning and final results will not be published until theyโre complete. In the mean time you can see the lots still available on the link below www.invaluable.com/catalog/8LM9GPSR13Please contact nick@tateward.com for all aftersales enquiryโs |
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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TateWard โข Art Auctions ๐ฌ๐ง, by Deleted on Jul 3, 2019 9:43:39 GMT 1, I'm not sure if I was reading it right or not but your site seemed to say that VAT was added to the hammer price. This isn't usually the case with UK sellers selling to UK buyers. So, basically, with buyer's premium the total cost was going to be hammer price + 50%. Or for higher value lots; hammer price + 54% (VAT + BP + ARR). Is that correct? I have to admit, that put me off bidding on items I was interested in.
I'm not sure if I was reading it right or not but your site seemed to say that VAT was added to the hammer price. This isn't usually the case with UK sellers selling to UK buyers. So, basically, with buyer's premium the total cost was going to be hammer price + 50%. Or for higher value lots; hammer price + 54% (VAT + BP + ARR). Is that correct? I have to admit, that put me off bidding on items I was interested in.
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PS
New Member
๐จ๏ธ 828
๐๐ป 755
April 2016
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TateWard โข Art Auctions ๐ฌ๐ง, by PS on Jul 3, 2019 9:48:37 GMT 1, I'm not sure if I was reading it right or not but your site seemed to say that VAT was added to the hammer price. This isn't usually the case with UK sellers selling to UK buyers. So, basically, with buyer's premium the total cost was going to be hammer price + 50%. Or for higher value lots; hammer price + 54% (VAT + BP + ARR). Is that correct? I have to admit, that put me off bidding on items I was interested in.
My understanding is that vat is only paid on the premium not on the cost of the item.
I'm not sure if I was reading it right or not but your site seemed to say that VAT was added to the hammer price. This isn't usually the case with UK sellers selling to UK buyers. So, basically, with buyer's premium the total cost was going to be hammer price + 50%. Or for higher value lots; hammer price + 54% (VAT + BP + ARR). Is that correct? I have to admit, that put me off bidding on items I was interested in. My understanding is that vat is only paid on the premium not on the cost of the item. |
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TateWard โข Art Auctions ๐ฌ๐ง, by Happy Shopper on Jul 3, 2019 9:55:54 GMT 1, So, basically, with buyer's premium the total cost was going to be hammer price + 50%. Or for higher value lots; hammer price + 54% (VAT + BP + ARR). Is that correct? I have to admit, that put me off bidding on items I was interested in.
Whatever the pricing is, I'm sure it's the same for all auction houses.
So, basically, with buyer's premium the total cost was going to be hammer price + 50%. Or for higher value lots; hammer price + 54% (VAT + BP + ARR). Is that correct? I have to admit, that put me off bidding on items I was interested in. Whatever the pricing is, I'm sure it's the same for all auction houses. |
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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TateWard โข Art Auctions ๐ฌ๐ง, by Deleted on Jul 3, 2019 10:01:07 GMT 1, So, basically, with buyer's premium the total cost was going to be hammer price + 50%. Or for higher value lots; hammer price + 54% (VAT + BP + ARR). Is that correct? I have to admit, that put me off bidding on items I was interested in. Whatever the pricing is, I'm sure it's the same for all auction houses.
So, basically, with buyer's premium the total cost was going to be hammer price + 50%. Or for higher value lots; hammer price + 54% (VAT + BP + ARR). Is that correct? I have to admit, that put me off bidding on items I was interested in. Whatever the pricing is, I'm sure it's the same for all auction houses. No, it isn't. That's why I was asking. |
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TateWard โข Art Auctions ๐ฌ๐ง, by Happy Shopper on Jul 3, 2019 10:01:55 GMT 1, Whatever the pricing is, I'm sure it's the same for all auction houses. No, it isn't. That's why I was asking.
Pretty sure they don't make up their own tax rules 
Whatever the pricing is, I'm sure it's the same for all auction houses. No, it isn't. That's why I was asking. Pretty sure they don't make up their own tax rules |
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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TateWard โข Art Auctions ๐ฌ๐ง, by Deleted on Jul 3, 2019 10:02:09 GMT 1, I'm not sure if I was reading it right or not but your site seemed to say that VAT was added to the hammer price. This isn't usually the case with UK sellers selling to UK buyers. So, basically, with buyer's premium the total cost was going to be hammer price + 50%. Or for higher value lots; hammer price + 54% (VAT + BP + ARR). Is that correct? I have to admit, that put me off bidding on items I was interested in. My understanding is that vat is only paid on the premium not on the cost of the item.
I'm not sure if I was reading it right or not but your site seemed to say that VAT was added to the hammer price. This isn't usually the case with UK sellers selling to UK buyers. So, basically, with buyer's premium the total cost was going to be hammer price + 50%. Or for higher value lots; hammer price + 54% (VAT + BP + ARR). Is that correct? I have to admit, that put me off bidding on items I was interested in. My understanding is that vat is only paid on the premium not on the cost of the item. On one of the bidding platforms it said this... |
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irl1
Full Member
๐จ๏ธ 9,274
๐๐ป 9,381
December 2017
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TateWard โข Art Auctions ๐ฌ๐ง, by irl1 on Jul 3, 2019 10:07:08 GMT 1, The good weather was one reason i missed most of the auction
One thing for sure you can't fault the service Danny gives. I've seen the guy on here at all hours at night answering messages.
Some auction houses i deal with takes them over a week to answer a simple question, as for getting condition reports. I've often had them sent to me the day "after" the sale.
Service is everything buying or selling. How many auctioneers will you find coming on here answering questions day and night NONE........
The good weather was one reason i missed most of the auction One thing for sure you can't fault the service Danny gives. I've seen the guy on here at all hours at night answering messages. Some auction houses i deal with takes them over a week to answer a simple question, as for getting condition reports. I've often had them sent to me the day "after" the sale. Service is everything buying or selling. How many auctioneers will you find coming on here answering questions day and night NONE........ |
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orchid
Junior Member
๐จ๏ธ 1,464
๐๐ป 1,150
May 2018
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TateWard โข Art Auctions ๐ฌ๐ง, by orchid on Jul 3, 2019 10:29:08 GMT 1, Looked like a number of lots members here have tried to offload here and ebay.
Quite a lot of instantflip passes - bernhardt, herrera, revok.
Interesting prices/passes-
Scattercrow, 3000
Stik plaques All passed
Banksy numerous passed
Os gemeos all passed
Josh sperling vase pair passed
Paul insect giveaway prints set of 3, 1600
Looked like a number of lots members here have tried to offload here and ebay.
Quite a lot of instantflip passes - bernhardt, herrera, revok.
Interesting prices/passes-
Scattercrow, 3000
Stik plaques All passed
Banksy numerous passed
Os gemeos all passed
Josh sperling vase pair passed
Paul insect giveaway prints set of 3, 1600
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Pattycakes
Junior Member
๐จ๏ธ 1,379
๐๐ป 423
June 2007
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TateWard โข Art Auctions ๐ฌ๐ง, by Pattycakes on Jul 3, 2019 10:48:52 GMT 1, My understanding is that vat is only paid on the premium not on the cost of the item. On one of the bidding platforms it said this...
My understanding is that vat is only paid on the premium not on the cost of the item. On one of the bidding platforms it said this... VAT on all UK auctions is payable on the premium charged. So you will pay hammer price, plus 25% sales premium and VAT on that premium which is a further 5%. If you are bidding from outside the EU and the work is exported there then the VAT is waived. The website you are looking at also adds their own fee of 3% to use the platform hence the higher figure (this is why it's always better to bid direct with the house you'll save money) |
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k2
New Member
๐จ๏ธ 528
๐๐ป 972
November 2016
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TateWard โข Art Auctions ๐ฌ๐ง, by k2 on Jul 3, 2019 10:54:36 GMT 1, On one of the bidding platforms it said this... VAT on all UK auctions is payable on the premium charged. So you will pay hammer price, plus 25% sales premium and VAT on that premium which is a further 5%. ย If you are bidding from outside the EU and the work is exported there then the VAT is waived. ย The website you are looking at also adds their own fee of 3% to use the platform hence the higher figure (this is why it's always better to bid direct with the house you'll save money)ย
I think he is rightly questioning the โVAT/tax on hammer: 20%โ which Iโm assuming is incorrect, but would certainly have made me think twice.
On one of the bidding platforms it said this... VAT on all UK auctions is payable on the premium charged. So you will pay hammer price, plus 25% sales premium and VAT on that premium which is a further 5%. ย If you are bidding from outside the EU and the work is exported there then the VAT is waived. ย The website you are looking at also adds their own fee of 3% to use the platform hence the higher figure (this is why it's always better to bid direct with the house you'll save money)ย I think he is rightly questioning the โVAT/tax on hammer: 20%โ which Iโm assuming is incorrect, but would certainly have made me think twice. |
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