withnail69
New Member
Posts โข 527
Likes โข 378
April 2018
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Selling query, by withnail69 on Aug 12, 2021 12:41:33 GMT 1, Thinking of selling (and before you weigh in I am not a flipper) this is not a decision I have come to lightly.. Just wondered whether anyone has sold a print at an auction house recently etc.. I am trying to weigh up the 15% commission costs versus sale exposure from the auction house. Or whether something like myartbroker is a better idea.. Grateful to any helpful insight/replies. Hope you are all well and good
Thinking of selling (and before you weigh in I am not a flipper) this is not a decision I have come to lightly.. Just wondered whether anyone has sold a print at an auction house recently etc.. I am trying to weigh up the 15% commission costs versus sale exposure from the auction house. Or whether something like myartbroker is a better idea.. Grateful to any helpful insight/replies. Hope you are all well and good
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amz
New Member
Posts โข 141
Likes โข 89
March 2021
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Selling query, by amz on Aug 12, 2021 12:50:40 GMT 1, Thinking of selling (and before you weigh in I am not a flipper) this is not a decision I have come to lightly.. Just wondered whether anyone has sold a print at an auction house recently etc.. I am trying to weigh up the 15% commission costs versus sale exposure from the auction house. Or whether something like myartbroker is a better idea.. Grateful to any helpful insight/replies. Hope you are all well and good
Depends on what you are selling doesnโt it? Some auction houses will be a perfect fit for what youโre selling so the cost will be justified.
Thinking of selling (and before you weigh in I am not a flipper) this is not a decision I have come to lightly.. Just wondered whether anyone has sold a print at an auction house recently etc.. I am trying to weigh up the 15% commission costs versus sale exposure from the auction house. Or whether something like myartbroker is a better idea.. Grateful to any helpful insight/replies. Hope you are all well and good Depends on what you are selling doesnโt it? Some auction houses will be a perfect fit for what youโre selling so the cost will be justified. |
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Poster Bob
Junior Member
Posts โข 5,800
Likes โข 5,416
September 2013
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Selling query, by Poster Bob on Aug 12, 2021 13:27:38 GMT 1, As you've posted this within the Banksy section of the forum my advice is wait at least a year, then sell in season.
As you've posted this within the Banksy section of the forum my advice is wait at least a year, then sell in season.
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withnail69
New Member
Posts โข 527
Likes โข 378
April 2018
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Selling query, by withnail69 on Aug 12, 2021 15:21:12 GMT 1, Thinking of selling (and before you weigh in I am not a flipper) this is not a decision I have come to lightly.. Just wondered whether anyone has sold a print at an auction house recently etc.. I am trying to weigh up the 15% commission costs versus sale exposure from the auction house. Or whether something like myartbroker is a better idea.. Grateful to any helpful insight/replies. Hope you are all well and good Depends on what you are selling doesnโt it? Some auction houses will be a perfect fit for what youโre selling so the cost will be justified.
Thinking of selling (and before you weigh in I am not a flipper) this is not a decision I have come to lightly.. Just wondered whether anyone has sold a print at an auction house recently etc.. I am trying to weigh up the 15% commission costs versus sale exposure from the auction house. Or whether something like myartbroker is a better idea.. Grateful to any helpful insight/replies. Hope you are all well and good Depends on what you are selling doesnโt it? Some auction houses will be a perfect fit for what youโre selling so the cost will be justified. This is what I am edging towards.. Its a biggy.. |
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withnail69
New Member
Posts โข 527
Likes โข 378
April 2018
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Selling query, by withnail69 on Aug 12, 2021 15:22:11 GMT 1, As you've posted this within the Banksy section of the forum my advice is wait at least a year, then sell in season.
As you've posted this within the Banksy section of the forum my advice is wait at least a year, then sell in season. In season? Not sure I want to wait a year but I guess I could if justified.. |
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Poster Bob
Junior Member
Posts โข 5,800
Likes โข 5,416
September 2013
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Selling query, by Poster Bob on Aug 12, 2021 15:31:03 GMT 1, As you've posted this within the Banksy section of the forum my advice is wait at least a year, then sell in season. In season? Not sure I want to wait a year but I guess I could if justified..
As you've posted this within the Banksy section of the forum my advice is wait at least a year, then sell in season. In season? Not sure I want to wait a year but I guess I could if justified.. Prices are down now due to too much supply. If you want the best return possible you need to wait for it to drop. There are strong seasonal trends in auction results. Spring and fall get the highest prices and they're low any other time. You'll notice lots of Chicken Littles who don't understand this basic concept crying, freaking out and saying markets are collapsing when sales are low out of season. |
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withnail69
New Member
Posts โข 527
Likes โข 378
April 2018
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Selling query, by withnail69 on Aug 12, 2021 15:54:37 GMT 1, In season? Not sure I want to wait a year but I guess I could if justified.. Prices are down now due to too much supply. If you want the best return possible you need to wait for it to drop. There are strong seasonal trends in auction results. Spring and fall get the highest prices and they're low any other time. You'll notice lots of Chicken Littles who don't understand this basic concept crying, freaking out and saying markets are collapsing when sales are low out of season.
In season? Not sure I want to wait a year but I guess I could if justified.. Prices are down now due to too much supply. If you want the best return possible you need to wait for it to drop. There are strong seasonal trends in auction results. Spring and fall get the highest prices and they're low any other time. You'll notice lots of Chicken Littles who don't understand this basic concept crying, freaking out and saying markets are collapsing when sales are low out of season. Great reply. Thanks for explaining. Yeah makes sense.. |
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begs
New Member
Posts โข 971
Likes โข 326
September 2010
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Selling query, by begs on Aug 14, 2021 6:53:45 GMT 1, Negotiation on the selling commission, depending on what your selling you could get 0% with the auction house making the money on the buyer .
Negotiation on the selling commission, depending on what your selling you could get 0% with the auction house making the money on the buyer .
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Naor
New Member
Posts โข 88
Likes โข 51
July 2021
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Selling query, by Naor on Aug 14, 2021 8:52:05 GMT 1, I can say that Forum Auctions are willing to waive sellers comission for Banksy works. I wanted to sell a piece a few weeks ago and that was the best offer around (It didn't come through because they mandate having pest control and soup cans cannot be validated by pest control so...)
I can say that Forum Auctions are willing to waive sellers comission for Banksy works. I wanted to sell a piece a few weeks ago and that was the best offer around (It didn't come through because they mandate having pest control and soup cans cannot be validated by pest control so...)
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withnail69
New Member
Posts โข 527
Likes โข 378
April 2018
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Selling query, by withnail69 on Aug 16, 2021 11:56:51 GMT 1, Negotiation on the selling commission, depending on what your selling you could get 0% with the auction house making the money on the buyer .
Negotiation on the selling commission, depending on what your selling you could get 0% with the auction house making the money on the buyer . Brilliant thanks Begs. Will do |
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mrblast
New Member
Posts โข 494
Likes โข 129
January 2011
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Selling query, by mrblast on Aug 31, 2021 8:12:28 GMT 1, Anyone have any opinions on the pros and cons of private sale vs gallery vs auction house?
I haven't sold anything before but anticipate selling off quite a lot next year....
Anyone have any opinions on the pros and cons of private sale vs gallery vs auction house?
I haven't sold anything before but anticipate selling off quite a lot next year....
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Dubman
New Member
Posts โข 351
Likes โข 399
May 2020
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Selling query, by Dubman on Aug 31, 2021 8:35:47 GMT 1, In season? Not sure I want to wait a year but I guess I could if justified.. Prices are down now due to too much supply. If you want the best return possible you need to wait for it to drop. There are strong seasonal trends in auction results. Spring and fall get the highest prices and they're low any other time. You'll notice lots of Chicken Littles who don't understand this basic concept crying, freaking out and saying markets are collapsing when sales are low out of season.
When I joined this community, (it can be daunting learning the do's and dont's), but he was one of the few members of the 'community' who was polite and helpful.
Cheers PB!
In season? Not sure I want to wait a year but I guess I could if justified.. Prices are down now due to too much supply. If you want the best return possible you need to wait for it to drop. There are strong seasonal trends in auction results. Spring and fall get the highest prices and they're low any other time. You'll notice lots of Chicken Littles who don't understand this basic concept crying, freaking out and saying markets are collapsing when sales are low out of season. Posterbob always talks sense - very knowledgeable and always happy to share his advice. When I joined this community, (it can be daunting learning the do's and dont's), but he was one of the few members of the 'community' who was polite and helpful. Cheers PB! |
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withnail69
New Member
Posts โข 527
Likes โข 378
April 2018
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Selling query, by withnail69 on Oct 5, 2021 13:02:02 GMT 1, Anyone know why people are seeking banksy prints with the POW embossed stamp on? These seem to be fetching more money. I just thought a signed edition with a COA would be important not a stamp
Anyone know why people are seeking banksy prints with the POW embossed stamp on? These seem to be fetching more money. I just thought a signed edition with a COA would be important not a stamp
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Lazarus II
Junior Member
Posts โข 1,799
Likes โข 2,426
August 2019
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Selling query, by Lazarus II on Oct 5, 2021 14:09:38 GMT 1, Anyone know why people are seeking banksy prints with the POW embossed stamp on? These seem to be fetching more money. I just thought a signed edition with a COA would be important not a stamp
these buyers will struggle to buy some prints then as not all are stamped / embossed.
Thats the first time Ive heard of buyers preferring an embossed print.
Anyone know why people are seeking banksy prints with the POW embossed stamp on? These seem to be fetching more money. I just thought a signed edition with a COA would be important not a stamp these buyers will struggle to buy some prints then as not all are stamped / embossed. Thats the first time Ive heard of buyers preferring an embossed print. |
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withnail69
New Member
Posts โข 527
Likes โข 378
April 2018
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Selling query, by withnail69 on Oct 5, 2021 14:18:08 GMT 1, Anyone know why people are seeking banksy prints with the POW embossed stamp on? These seem to be fetching more money. I just thought a signed edition with a COA would be important not a stamp these buyers will struggle to buy some prints then as not all are stamped / embossed. Thats the first time Ive heard of buyers preferring an embossed print.
Anyone know why people are seeking banksy prints with the POW embossed stamp on? These seem to be fetching more money. I just thought a signed edition with a COA would be important not a stamp these buyers will struggle to buy some prints then as not all are stamped / embossed. Thats the first time Ive heard of buyers preferring an embossed print. Me to. But I think it might be a thing.. Have a look at prices of recent sotheby's sale. |
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