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Damien Hirst H10 • The Empresses, by Stinky Pete on Jan 31, 2022 6:48:23 GMT 1, Thanks for answering my questions
Done
My first hirst
Thanks for answering my questions
Done
My first hirst
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Dice
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Damien Hirst H10 • The Empresses, by Dice on Jan 31, 2022 8:38:23 GMT 1, I notice these are laminated giclee prints like the cherry blossoms and nhs prints as opposed to Diasec-mounted Giclée prints as all the non-timed heni editions are. Anyone have both and can see any difference?
I notice these are laminated giclee prints like the cherry blossoms and nhs prints as opposed to Diasec-mounted Giclée prints as all the non-timed heni editions are. Anyone have both and can see any difference?
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handy
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Damien Hirst H10 • The Empresses, by handy on Jan 31, 2022 9:08:55 GMT 1, I notice these are laminated giclee prints like the cherry blossoms and nhs prints as opposed to Diasec-mounted Giclée prints as all the non-timed heni editions are. Anyone have both and can see any difference?
I notice these are laminated giclee prints like the cherry blossoms and nhs prints as opposed to Diasec-mounted Giclée prints as all the non-timed heni editions are. Anyone have both and can see any difference? Nice observation. Or perhaps someone can shed some light on the difference between the two approaches? |
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Damien Hirst H10 • The Empresses, by Lord Lucas Roham on Jan 31, 2022 10:14:53 GMT 1, Someone who has redeemed the physical currency must be able to confirm what additional charges they had to pay. I'm sure there are a few people on here who have done that. I redeemed my currency (collected it from Claridges) and can confirm, like the others have said, there were no additional charges/tax to pay.
Someone who has redeemed the physical currency must be able to confirm what additional charges they had to pay. I'm sure there are a few people on here who have done that. I redeemed my currency (collected it from Claridges) and can confirm, like the others have said, there were no additional charges/tax to pay. Thanks for confirming, I knew this to be the case but it's good to get evidence. |
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Damien Hirst H10 • The Empresses, by Bang Bang 82 on Jan 31, 2022 10:39:30 GMT 1, Will the price of the prints on the secondary market decide what the nfts trade at and vice versa or am I missing something ??
Will the price of the prints on the secondary market decide what the nfts trade at and vice versa or am I missing something ??
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Damien Hirst H10 • The Empresses, by Happy Shopper on Jan 31, 2022 10:44:20 GMT 1, Will the price of the prints on the secondary market decide what the nfts trade at and vice versa or am I missing something ??
That would make sense, but doesn't seem to always be the case... Although with the 3 year window and need to transfer to physical at some point, prices should match.
The NFT world is crazy though !!
Will the price of the prints on the secondary market decide what the nfts trade at and vice versa or am I missing something ?? That would make sense, but doesn't seem to always be the case... Although with the 3 year window and need to transfer to physical at some point, prices should match. The NFT world is crazy though !! |
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Damien Hirst H10 • The Empresses, by Bang Bang 82 on Jan 31, 2022 10:51:26 GMT 1, Will the price of the prints on the secondary market decide what the nfts trade at and vice versa or am I missing something ?? That would make sense, but doesn't seem to always be the case... Although with the 3 year window and need to transfer to physical at some point, prices should match. The NFT world is crazy though !!
yeah that’s what I was thinking !! If the prints are only fetching a certain price why would you trade / pay more for the nft if you intend or have to swap for the print at some point ??
Will the price of the prints on the secondary market decide what the nfts trade at and vice versa or am I missing something ?? That would make sense, but doesn't seem to always be the case... Although with the 3 year window and need to transfer to physical at some point, prices should match. The NFT world is crazy though !! yeah that’s what I was thinking !! If the prints are only fetching a certain price why would you trade / pay more for the nft if you intend or have to swap for the print at some point ?? |
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DB
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Damien Hirst H10 • The Empresses, by DB on Jan 31, 2022 10:54:27 GMT 1, The way I see it... I would never pay double, triple or quadruple the amount for a DH because it'll only be a matter of months until a new giclee dibond releases at cost.
The way I see it... I would never pay double, triple or quadruple the amount for a DH because it'll only be a matter of months until a new giclee dibond releases at cost.
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woobl
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Damien Hirst H10 • The Empresses, by woobl on Jan 31, 2022 10:56:48 GMT 1, Someone who has redeemed the physical currency must be able to confirm what additional charges they had to pay. I'm sure there are a few people on here who have done that. I redeemed my currency (collected it from Claridges) and can confirm, like the others have said, there were no additional charges/tax to pay.
Someone who has redeemed the physical currency must be able to confirm what additional charges they had to pay. I'm sure there are a few people on here who have done that. I redeemed my currency (collected it from Claridges) and can confirm, like the others have said, there were no additional charges/tax to pay. The difference is that I believe the Currency was an original piece of art (albeit lots of them), where as these are prints and attract VAT (original pieces do not). |
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Damien Hirst H10 • The Empresses, by Happy Shopper on Jan 31, 2022 11:02:40 GMT 1, The way I see it... I would never pay double, triple or quadruple the amount for a DH because it'll only be a matter of months until a new giclee dibond releases at cost.
You could say the same for any living artist.
But it's all about the image and whether you like it. There's always a next one, but not the same.
Plus sometimes primary prices go up too!
The way I see it... I would never pay double, triple or quadruple the amount for a DH because it'll only be a matter of months until a new giclee dibond releases at cost. You could say the same for any living artist. But it's all about the image and whether you like it. There's always a next one, but not the same. Plus sometimes primary prices go up too! |
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Damien Hirst H10 • The Empresses, by put the kettle on on Jan 31, 2022 11:04:27 GMT 1, The way I see it... I would never pay double, triple or quadruple the amount for a DH because it'll only be a matter of months until a new giclee dibond releases at cost.
The way I see it... I would never pay double, triple or quadruple the amount for a DH because it'll only be a matter of months until a new giclee dibond releases at cost. Too true but other who didn't buy and like it will |
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Poster Bob
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Damien Hirst H10 • The Empresses, by Poster Bob on Jan 31, 2022 11:07:26 GMT 1, You pay tax on both editions and original works. Some countries charge VAT at different rates for original works as opposed to editions of a particular type or limitation.
I redeemed my currency (collected it from Claridges) and can confirm, like the others have said, there were no additional charges/tax to pay. The difference is that I believe the Currency was an original piece of art (albeit lots of them), where as these are prints and attract VAT (original pieces do not).
You pay tax on both editions and original works. Some countries charge VAT at different rates for original works as opposed to editions of a particular type or limitation. I redeemed my currency (collected it from Claridges) and can confirm, like the others have said, there were no additional charges/tax to pay. The difference is that I believe the Currency was an original piece of art (albeit lots of them), where as these are prints and attract VAT (original pieces do not). |
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DB
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Damien Hirst H10 • The Empresses, by DB on Jan 31, 2022 11:08:29 GMT 1, The way I see it... I would never pay double, triple or quadruple the amount for a DH because it'll only be a matter of months until a new giclee dibond releases at cost. You could say the same for any living artist. But it's all about the image and whether you like it. There's always a next one, but not the same. Plus sometimes primary prices go up too!
I don't think you can say the same for any living artist... Stik, OS Gemeos or any artist that don't release prints every couple of months I would be more inclined to pay secondary market prices because I know that the likelihood of being able to score a release at cost in the next few years is going to be slim.
The way I see it... I would never pay double, triple or quadruple the amount for a DH because it'll only be a matter of months until a new giclee dibond releases at cost. You could say the same for any living artist. But it's all about the image and whether you like it. There's always a next one, but not the same. Plus sometimes primary prices go up too! True, it does depends how much you love the image! I don't think you can say the same for any living artist... Stik, OS Gemeos or any artist that don't release prints every couple of months I would be more inclined to pay secondary market prices because I know that the likelihood of being able to score a release at cost in the next few years is going to be slim. |
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Deleted
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Damien Hirst H10 • The Empresses, by Deleted on Jan 31, 2022 11:21:22 GMT 1, Will the price of the prints on the secondary market decide what the nfts trade at and vice versa or am I missing something ?? That would make sense, but doesn't seem to always be the case... Although with the 3 year window and need to transfer to physical at some point, prices should match. The NFT world is crazy though !!
Different audiences so could easy to see the pricing not tracking - especially at the start.
Will the price of the prints on the secondary market decide what the nfts trade at and vice versa or am I missing something ?? That would make sense, but doesn't seem to always be the case... Although with the 3 year window and need to transfer to physical at some point, prices should match. The NFT world is crazy though !! Different audiences so could easy to see the pricing not tracking - especially at the start. |
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handy
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Damien Hirst H10 • The Empresses, by handy on Jan 31, 2022 11:33:37 GMT 1, That would make sense, but doesn't seem to always be the case... Although with the 3 year window and need to transfer to physical at some point, prices should match. The NFT world is crazy though !! yeah that’s what I was thinking !! If the prints are only fetching a certain price why would you trade / pay more for the nft if you intend or have to swap for the print at some point ??
For the question "why would trade/pay more for the NFT". I'm not sure that they will but the NFT offers access to both the NFT and physical worlds. The physical doesn't. Some might also prefer to buy the NFT then deal with HENI to get the physical rather than by a physical from ebay or a forum.
Next question - at 3500 USD will there be more NFT sales or more physical sales? I would have thought NFT sales due to the flexibility but perhaps not?
That would make sense, but doesn't seem to always be the case... Although with the 3 year window and need to transfer to physical at some point, prices should match. The NFT world is crazy though !! yeah that’s what I was thinking !! If the prints are only fetching a certain price why would you trade / pay more for the nft if you intend or have to swap for the print at some point ?? For the question "why would trade/pay more for the NFT". I'm not sure that they will but the NFT offers access to both the NFT and physical worlds. The physical doesn't. Some might also prefer to buy the NFT then deal with HENI to get the physical rather than by a physical from ebay or a forum. Next question - at 3500 USD will there be more NFT sales or more physical sales? I would have thought NFT sales due to the flexibility but perhaps not? |
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Deleted
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Damien Hirst H10 • The Empresses, by Deleted on Jan 31, 2022 12:39:32 GMT 1, yeah that’s what I was thinking !! If the prints are only fetching a certain price why would you trade / pay more for the nft if you intend or have to swap for the print at some point ?? For the question "why would trade/pay more for the NFT". I'm not sure that they will but the NFT offers access to both the NFT and physical worlds. The physical doesn't. Some might also prefer to buy the NFT then deal with HENI to get the physical rather than by a physical from ebay or a forum. Next question - at 3500 USD will there be more NFT sales or more physical sales? I would have thought NFT sales due to the flexibility but perhaps not?
I think it’s more likely that people will potentially pay more for physicals than NFTs
yeah that’s what I was thinking !! If the prints are only fetching a certain price why would you trade / pay more for the nft if you intend or have to swap for the print at some point ?? For the question "why would trade/pay more for the NFT". I'm not sure that they will but the NFT offers access to both the NFT and physical worlds. The physical doesn't. Some might also prefer to buy the NFT then deal with HENI to get the physical rather than by a physical from ebay or a forum. Next question - at 3500 USD will there be more NFT sales or more physical sales? I would have thought NFT sales due to the flexibility but perhaps not? I think it’s more likely that people will potentially pay more for physicals than NFTs |
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toshspice
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Damien Hirst H10 • The Empresses, by toshspice on Jan 31, 2022 13:00:57 GMT 1, Love how Heni are mixing it up by offering physical straight away along with NFT.
Love how Heni are mixing it up by offering physical straight away along with NFT. Correct me if I'm wrong, but isn't the NFT they are offering just a COA? |
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Damien Hirst H10 • The Empresses, by Lord Lucas Roham on Jan 31, 2022 13:33:19 GMT 1, Calling it now. 20k+ sold. Price drops below cost. Flippers are stung.
Meanwhile I'll be at the framers.
Calling it now. 20k+ sold. Price drops below cost. Flippers are stung.
Meanwhile I'll be at the framers.
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Poster Bob
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Damien Hirst H10 • The Empresses, by Poster Bob on Jan 31, 2022 13:40:53 GMT 1, Surely. Just like what happened with the same predictions for The Virtues. 👍
Calling it now. 20k+ sold. Price drops below cost. Flippers are stung. Meanwhile I'll be at the framers.
Surely. Just like what happened with the same predictions for The Virtues. 👍 Calling it now. 20k+ sold. Price drops below cost. Flippers are stung. Meanwhile I'll be at the framers. |
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apprint
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Damien Hirst H10 • The Empresses, by apprint on Jan 31, 2022 13:59:40 GMT 1, This is my order number
3644191xxx
This is my order number
3644191xxx
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apprint
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Damien Hirst H10 • The Empresses, by apprint on Jan 31, 2022 14:00:48 GMT 1, This is my order number 3644191xxx
Order from 31st January
This is my order number 3644191xxx Order from 31st January |
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teabaggins
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Damien Hirst H10 • The Empresses, by teabaggins on Jan 31, 2022 14:01:26 GMT 1, Love how Heni are mixing it up by offering physical straight away along with NFT. Correct me if I'm wrong, but isn't the NFT they are offering just a COA?
Close but a bit different. It’s a deed or title.
If you intend to sell the work on within the 3 year window it makes much more sense for you the seller, and the buyer to deal in the NFT deed.
This would ensure that people aren’t paying multiple shipping charges, worrying about condition, trusting the seller / buyer etc..
Whoever has the deed in their wallet claims ownership of the physical.
Love how Heni are mixing it up by offering physical straight away along with NFT. Correct me if I'm wrong, but isn't the NFT they are offering just a COA? Close but a bit different. It’s a deed or title. If you intend to sell the work on within the 3 year window it makes much more sense for you the seller, and the buyer to deal in the NFT deed. This would ensure that people aren’t paying multiple shipping charges, worrying about condition, trusting the seller / buyer etc.. Whoever has the deed in their wallet claims ownership of the physical. |
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Wanchope
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Damien Hirst H10 • The Empresses, by Wanchope on Jan 31, 2022 14:22:00 GMT 1, This is my order number 3644191xxx
can this be broken down anyway to mean anything ?
This is my order number 3644191xxx can this be broken down anyway to mean anything ? |
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Poster Bob
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Damien Hirst H10 • The Empresses, by Poster Bob on Jan 31, 2022 14:25:10 GMT 1, Correct me if I'm wrong, but isn't the NFT they are offering just a COA? Close but a bit different. It’s a deed or title. If you intend to sell the work on within the 3 year window it makes much more sense for you the seller, and the buyer to deal in the NFT deed. This would ensure that people aren’t paying multiple shipping charges, worrying about condition, trusting the seller / buyer etc.. Whoever has the deed in their wallet claims ownership of the physical.
Correct me if I'm wrong, but isn't the NFT they are offering just a COA? Close but a bit different. It’s a deed or title. If you intend to sell the work on within the 3 year window it makes much more sense for you the seller, and the buyer to deal in the NFT deed. This would ensure that people aren’t paying multiple shipping charges, worrying about condition, trusting the seller / buyer etc.. Whoever has the deed in their wallet claims ownership of the physical. Except the user experience in purchasing the NFT is awful. I assume that as with The Currency, the physical pieces will command a premium even with an abundant supply of NFTs at lower prices. It is far too cumbersome a process. |
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teabaggins
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Damien Hirst H10 • The Empresses, by teabaggins on Jan 31, 2022 14:35:17 GMT 1, Close but a bit different. It’s a deed or title. If you intend to sell the work on within the 3 year window it makes much more sense for you the seller, and the buyer to deal in the NFT deed. This would ensure that people aren’t paying multiple shipping charges, worrying about condition, trusting the seller / buyer etc.. Whoever has the deed in their wallet claims ownership of the physical. Except the user experience in purchasing the NFT is awful. I assume that as with The Currency, the physical pieces will command a premium even with an abundant supply of NFTs at lower prices. It is far too cumbersome a process.
Oh yeah. This is absolutely true for most people still. Personally while I now find purchasing NFT’s to be a pretty straightforward and simple process, the learning curve was quite steep and I imagine most Hirst collectors won’t want to be bothered with it.
Close but a bit different. It’s a deed or title. If you intend to sell the work on within the 3 year window it makes much more sense for you the seller, and the buyer to deal in the NFT deed. This would ensure that people aren’t paying multiple shipping charges, worrying about condition, trusting the seller / buyer etc.. Whoever has the deed in their wallet claims ownership of the physical. Except the user experience in purchasing the NFT is awful. I assume that as with The Currency, the physical pieces will command a premium even with an abundant supply of NFTs at lower prices. It is far too cumbersome a process. Oh yeah. This is absolutely true for most people still. Personally while I now find purchasing NFT’s to be a pretty straightforward and simple process, the learning curve was quite steep and I imagine most Hirst collectors won’t want to be bothered with it. |
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toshspice
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Damien Hirst H10 • The Empresses, by toshspice on Jan 31, 2022 14:39:09 GMT 1, Correct me if I'm wrong, but isn't the NFT they are offering just a COA? Close but a bit different. It’s a deed or title. If you intend to sell the work on within the 3 year window it makes much more sense for you the seller, and the buyer to deal in the NFT deed. This would ensure that people aren’t paying multiple shipping charges, worrying about condition, trusting the seller / buyer etc.. Whoever has the deed in their wallet claims ownership of the physical.
What happens if the physical artwork is damaged, lost or destroyed? What value does the NFT have then?
Correct me if I'm wrong, but isn't the NFT they are offering just a COA? Close but a bit different. It’s a deed or title. If you intend to sell the work on within the 3 year window it makes much more sense for you the seller, and the buyer to deal in the NFT deed. This would ensure that people aren’t paying multiple shipping charges, worrying about condition, trusting the seller / buyer etc.. Whoever has the deed in their wallet claims ownership of the physical. So a COA registered in someone's crypto wallet. What happens if the physical artwork is damaged, lost or destroyed? What value does the NFT have then? |
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teabaggins
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Damien Hirst H10 • The Empresses, by teabaggins on Jan 31, 2022 14:46:44 GMT 1, Close but a bit different. It’s a deed or title. If you intend to sell the work on within the 3 year window it makes much more sense for you the seller, and the buyer to deal in the NFT deed. This would ensure that people aren’t paying multiple shipping charges, worrying about condition, trusting the seller / buyer etc.. Whoever has the deed in their wallet claims ownership of the physical. So a COA registered in someone's crypto wallet. What happens if the physical artwork is damaged, lost or destroyed? What value does the NFT have then?
Well, it’s not exactly a “COA” as you don’t keep it once you have exchanged the NFT for the physical piece.
It’s a Deed issued in NFT form that you exchange for the physical work only with Heni. Once you complete the exchange with Heni, the Deed it is destroyed and a physical work is created in its place. The NFT is now gone and you get shipped physical piece of art from Heni. The NFT Deed ONLY exists to enable ease of trading.
At that point the NFT is gone and no longer part of the equation.
Close but a bit different. It’s a deed or title. If you intend to sell the work on within the 3 year window it makes much more sense for you the seller, and the buyer to deal in the NFT deed. This would ensure that people aren’t paying multiple shipping charges, worrying about condition, trusting the seller / buyer etc.. Whoever has the deed in their wallet claims ownership of the physical. So a COA registered in someone's crypto wallet. What happens if the physical artwork is damaged, lost or destroyed? What value does the NFT have then? Well, it’s not exactly a “COA” as you don’t keep it once you have exchanged the NFT for the physical piece. It’s a Deed issued in NFT form that you exchange for the physical work only with Heni. Once you complete the exchange with Heni, the Deed it is destroyed and a physical work is created in its place. The NFT is now gone and you get shipped physical piece of art from Heni. The NFT Deed ONLY exists to enable ease of trading. At that point the NFT is gone and no longer part of the equation. |
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Damien Hirst H10 • The Empresses, by reductress isjas on Jan 31, 2022 14:49:58 GMT 1, number 5 is my favourite, i love how intricate it looks
number 5 is my favourite, i love how intricate it looks
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fm1975
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Damien Hirst H10 • The Empresses, by fm1975 on Jan 31, 2022 15:00:45 GMT 1, Where do these will be shipped from?
Where do these will be shipped from?
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Damien Hirst H10 • The Empresses, by Lord Lucas Roham on Jan 31, 2022 15:05:15 GMT 1, Seems to be a large number of the NFT community buying these without fully understanding that it's simply an NFT deed.
People copping these thinking it's going to be The Currency #2. It's not.
Seems to be a large number of the NFT community buying these without fully understanding that it's simply an NFT deed.
People copping these thinking it's going to be The Currency #2. It's not.
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