Stender
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Art as an investment , by Stender on Mar 13, 2013 15:51:36 GMT 1, Dolk prints have risen a lot over the past couple of years. I won't invest in art unless it's going to make my wall. I have a banksy and few other prints that won't hit the wall as the missus doesn't like them and they are sitting in a portfolio on top of a wardrobe and Icringe at having so much money in such a delicate position. I'm waiting to get home and find the kids have used the prints for colouring in.
I would say flipping appears to be a good investment apart from a few releases :-)
Speaking of which what else do people flip? was trying to buy some concert tickets and all with touts the next day. Is there anything else people queue up and flip?
Dolk prints have risen a lot over the past couple of years. I won't invest in art unless it's going to make my wall. I have a banksy and few other prints that won't hit the wall as the missus doesn't like them and they are sitting in a portfolio on top of a wardrobe and Icringe at having so much money in such a delicate position. I'm waiting to get home and find the kids have used the prints for colouring in.
I would say flipping appears to be a good investment apart from a few releases :-)
Speaking of which what else do people flip? was trying to buy some concert tickets and all with touts the next day. Is there anything else people queue up and flip?
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t3c
Junior Member
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Art as an investment , by t3c on Mar 13, 2013 16:47:51 GMT 1, My angle is much the same as other posts already made here. I only ever buy what i really really like and what i intend to frame and hang on the wall. If they rise in value (Stik - Lovers, Whatson - ER, Jago - Fuel etc) then great it's a nice added extra but not the main reason to purchase. Never flipped a print and never spent more than ยฃ150-ยฃ200 on a print I don't think but have managed to amass a reasonable collection i'm pretty happy with (only started collecting after i got back from traveling end of 2010) so missed a lot of good stuff prior to then sadly.
My angle is much the same as other posts already made here. I only ever buy what i really really like and what i intend to frame and hang on the wall. If they rise in value (Stik - Lovers, Whatson - ER, Jago - Fuel etc) then great it's a nice added extra but not the main reason to purchase. Never flipped a print and never spent more than ยฃ150-ยฃ200 on a print I don't think but have managed to amass a reasonable collection i'm pretty happy with (only started collecting after i got back from traveling end of 2010) so missed a lot of good stuff prior to then sadly.
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lee3
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Art as an investment , by lee3 on Mar 13, 2013 17:09:16 GMT 1, >>>rarity will always push prices up, ceteris paribus. so try to avoid overly prolific artists, and favour artists that limit production<<<
Not to be argumentative but it's fair to point out that the two most prolific artists of the 20th century (Picasso/Warhol) share the strongest markets from that century. That said, I agree that there is no doubt over the past 30 years that volume has destroyed artists that are not at the very pinnacle of the chain. And even at the pinnacle, it's difficult to discount the effect that volume has had with the Hirst market of the past 4 years.
As for who/what/when, hell if i know; I like Banksy but am guessing most of us do. I think the most important consideration to the price of art in general (not one artist but in general) is the wealth divide. I'm at mid life (at best) and the wealth divide has increased for all of my life and seems to be picking up speed. I'm of the belief that the wealth divide will continue to expand at a faster pace for the remainder of my life which is something I wish were untrue. It seems to me that if you believe the wealth divide will continue to exascerbate globally, then art should remain strong and could be a valuable hobby to protect one's tiny family in the face a rapidly expanding problem.
One the whole art looks VERY expensive to me especially because I've been following it for close to 20 years now. But, I'm more than a bit concerned that this is nothing compared to what it could look like in 20 years time.
>>>rarity will always push prices up, ceteris paribus. so try to avoid overly prolific artists, and favour artists that limit production<<<
Not to be argumentative but it's fair to point out that the two most prolific artists of the 20th century (Picasso/Warhol) share the strongest markets from that century. That said, I agree that there is no doubt over the past 30 years that volume has destroyed artists that are not at the very pinnacle of the chain. And even at the pinnacle, it's difficult to discount the effect that volume has had with the Hirst market of the past 4 years.
As for who/what/when, hell if i know; I like Banksy but am guessing most of us do. I think the most important consideration to the price of art in general (not one artist but in general) is the wealth divide. I'm at mid life (at best) and the wealth divide has increased for all of my life and seems to be picking up speed. I'm of the belief that the wealth divide will continue to expand at a faster pace for the remainder of my life which is something I wish were untrue. It seems to me that if you believe the wealth divide will continue to exascerbate globally, then art should remain strong and could be a valuable hobby to protect one's tiny family in the face a rapidly expanding problem.
One the whole art looks VERY expensive to me especially because I've been following it for close to 20 years now. But, I'm more than a bit concerned that this is nothing compared to what it could look like in 20 years time.
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Winter
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March 2007
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Art as an investment , by Winter on Mar 13, 2013 20:10:11 GMT 1, I'm still not convinced Peter Blake works will go up when he 'ceases to exist'. So many people have bought works of his thinking he's getting on but he has flooded his own market. I think when he 'pops his clogs' everyone will try and sell their works and drive his prices down. There are a lot of second rate Blake prints out there. That said, there are also some cracking ones.
I'm still not convinced Peter Blake works will go up when he 'ceases to exist'. So many people have bought works of his thinking he's getting on but he has flooded his own market. I think when he 'pops his clogs' everyone will try and sell their works and drive his prices down. There are a lot of second rate Blake prints out there. That said, there are also some cracking ones.
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Winter
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Art as an investment , by Winter on Mar 13, 2013 20:11:11 GMT 1, Not sure that last post makes much sense but I think I know what I mean!
Not sure that last post makes much sense but I think I know what I mean!
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apprint
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January 2012
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Art as an investment , by apprint on Mar 13, 2013 20:19:17 GMT 1, totally agree with 'buy for pleasure, if it appreciates, that's a bonus'. but in general, rarity will always push prices up, ceteris paribus. so try to avoid overly prolific artists, and favour artists that limit production. Generally originals do better than prints too in the long run I reckon. I have spent similar amounts on originals by Stik and Eine, but I think the fact Stik keeps his production down may give his prices a boost in the medium term.
I don't think stink will be for long time, is are bought by flippers like MBW
totally agree with 'buy for pleasure, if it appreciates, that's a bonus'. but in general, rarity will always push prices up, ceteris paribus. so try to avoid overly prolific artists, and favour artists that limit production. Generally originals do better than prints too in the long run I reckon. I have spent similar amounts on originals by Stik and Eine, but I think the fact Stik keeps his production down may give his prices a boost in the medium term. I don't think stink will be for long time, is are bought by flippers like MBW |
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Pistol
Artist
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Art as an investment , by Pistol on Mar 13, 2013 20:41:14 GMT 1, Buy art for whatever reason you see fit and just enjoy the whole experience.
Buy art for whatever reason you see fit and just enjoy the whole experience.
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mmmike
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Art as an investment , by mmmike on Mar 13, 2013 20:41:50 GMT 1, Oh and to those who say Banksy is a safe investment, I'd say maybe in terms of the high end paintings but the prints? I'd be shocked if they do well in the long run. Not to say they will be worthless but I think they will have a hard time continuing to go up in value significantly. Just look at CYW, a tribute to Keith Haring that sells for more than a lot of great real Keith Haring prints. That doesn't make much sense. Same was said about Warhol prints
Oh and to those who say Banksy is a safe investment, I'd say maybe in terms of the high end paintings but the prints? I'd be shocked if they do well in the long run. Not to say they will be worthless but I think they will have a hard time continuing to go up in value significantly. Just look at CYW, a tribute to Keith Haring that sells for more than a lot of great real Keith Haring prints. That doesn't make much sense. Same was said about Warhol prints Right and Banksy prices are hitting up against Warhol prices and Warhol is regarded by many as the most important artist of his generation. Warhol is certainly the exception when it comes to print prices historically. I wouldn't suggest building an investment strategy around a historical anomaly. |
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mmmike
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Art as an investment , by mmmike on Mar 13, 2013 20:44:50 GMT 1, Oh and to those who say Banksy is a safe investment, I'd say maybe in terms of the high end paintings but the prints? I'd be shocked if they do well in the long run. Not to say they will be worthless but I think they will have a hard time continuing to go up in value significantly. Just look at CYW, a tribute to Keith Haring that sells for more than a lot of great real Keith Haring prints. That doesn't make much sense. Thats because your naive mmmike, agree with your first post though..
Oh and to those who say Banksy is a safe investment, I'd say maybe in terms of the high end paintings but the prints? I'd be shocked if they do well in the long run. Not to say they will be worthless but I think they will have a hard time continuing to go up in value significantly. Just look at CYW, a tribute to Keith Haring that sells for more than a lot of great real Keith Haring prints. That doesn't make much sense. Thats because your naive mmmike, agree with your first post though.. Could be. Feel free to enlighten me. I would suggest it is because there is a tendency for overvaluing current art. 30 years from now when there is a crop of other cool artists, Banksy probably won't get the same attention. |
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Deleted
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January 1970
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Art as an investment , by Deleted on Mar 13, 2013 20:49:35 GMT 1, I wouldn't say necessarily buying art as an investment is a bad thing. I buy art because I like it and the vast majority if it goes on my wall but I usually have half an eye on the potential resale value as i know that one day I might come to sell it on.
Who else here wishes they'd bought a print like Dolk Teddy Riot for ยฃ175 each just 3 years ago, one for the wall and one to sell on? I know I do as think of the profit you could make on a print like that! That's just an example of how you could make a nice wedge buy buying art that you also enjoy looking at.
Buying for investment should never be the sole reason to get it as like others have said it could go down in value and you'll be left with something you don't even like the look of.
I wouldn't say necessarily buying art as an investment is a bad thing. I buy art because I like it and the vast majority if it goes on my wall but I usually have half an eye on the potential resale value as i know that one day I might come to sell it on.
Who else here wishes they'd bought a print like Dolk Teddy Riot for ยฃ175 each just 3 years ago, one for the wall and one to sell on? I know I do as think of the profit you could make on a print like that! That's just an example of how you could make a nice wedge buy buying art that you also enjoy looking at.
Buying for investment should never be the sole reason to get it as like others have said it could go down in value and you'll be left with something you don't even like the look of.
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mmmike
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Art as an investment , by mmmike on Mar 13, 2013 20:51:30 GMT 1, "Urban art" is a terrible investment. I don't know why people keep saying this... personally, aside from a couple of Adam Neate prints i overpaid for I think every single piece of art i've ever bought has gone up in value. Maybe you're just buying the wrong things.
Don't get me wrong. I love Banksy. I'm just not tying my future financial well being to how well the value of his prints do going forward.
"Urban art" is a terrible investment. I don't know why people keep saying this... personally, aside from a couple of Adam Neate prints i overpaid for I think every single piece of art i've ever bought has gone up in value. Maybe you're just buying the wrong things. I agree in retrospect urban art has done quite well. I have had a similar experience with the stuff I have bought. But that doesn't mean it is a trend that will continue indefinitely. If you ask me the popularity of street art will be tested as new things pop up. Internet based art may be the next street art (although a bit more difficult to commoditize). If I were to try to predict the future I would guess new art stars will emerge from some of the internet based activist / performance art that is emerging. Don't get me wrong. I love Banksy. I'm just not tying my future financial well being to how well the value of his prints do going forward. |
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Deleted
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Art as an investment , by Deleted on Mar 13, 2013 20:57:29 GMT 1, From an investment perspective, if you are an original buyer of Banksy's prints, then it is difficult to envisage that you will continue to achieve the annualised return that you could take now.
I'm sure Peter Blake would be well chuffed to read that there are taking a punt on him having a negotiation with St Peter in the near future.
From an investment perspective, if you are an original buyer of Banksy's prints, then it is difficult to envisage that you will continue to achieve the annualised return that you could take now.
I'm sure Peter Blake would be well chuffed to read that there are taking a punt on him having a negotiation with St Peter in the near future.
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loucastel
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Art as an investment , by loucastel on Mar 13, 2013 22:03:25 GMT 1, "Urban art" is a terrible investment. I don't know why people keep saying this... personally, aside from a couple of Adam Neate prints i overpaid for I think every single piece of art i've ever bought has gone up in value. Maybe you're just buying the wrong things.
Also a piece of art is always worth more than you paid for it until you come to sell it!
p.s, three Peter Blake print's for sale.
"Urban art" is a terrible investment. I don't know why people keep saying this... personally, aside from a couple of Adam Neate prints i overpaid for I think every single piece of art i've ever bought has gone up in value. Maybe you're just buying the wrong things. Is that as in all the pieces you have bought you have marked up 50%, put them on your website, therefore have risen in value! Also a piece of art is always worth more than you paid for it until you come to sell it! p.s, three Peter Blake print's for sale. |
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Art as an investment , by nealmason1986 on Mar 13, 2013 23:07:19 GMT 1, From an investment perspective, if you are an original buyer of Banksy's prints, then it is difficult to envisage that you will continue to achieve the annualised return that you could take now. I'm sure Peter Blake would be well chuffed to read that there are taking a punt on him having a negotiation with St Peter in the near future.
I couldn't put it a nicer way! Sorry Sir Blake but we all die some time! It's 1 certainty of life!
From an investment perspective, if you are an original buyer of Banksy's prints, then it is difficult to envisage that you will continue to achieve the annualised return that you could take now. I'm sure Peter Blake would be well chuffed to read that there are taking a punt on him having a negotiation with St Peter in the near future. I couldn't put it a nicer way! Sorry Sir Blake but we all die some time! It's 1 certainty of life! |
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brookesjoe
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February 2013
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Art as an investment , by brookesjoe on Mar 14, 2013 3:00:08 GMT 1, Funny enough I'd buy very little at the moment, it seems the boat has already gone on thie movement, the money has been made and the artists have been set.
Buy a Banksy Canvas and wait 20 years, or look to countries that artists are just starting to break through like they did here 10 years ago, Asias the only one left to go really.
Funny enough I'd buy very little at the moment, it seems the boat has already gone on thie movement, the money has been made and the artists have been set.
Buy a Banksy Canvas and wait 20 years, or look to countries that artists are just starting to break through like they did here 10 years ago, Asias the only one left to go really.
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nah
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Deleted
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Art as an investment , by Deleted on Mar 14, 2013 7:03:45 GMT 1, Buy what you like ! You are in a wrong boat here, no investment in street art, only flippers and hype. For real investment, don't waste your time with prints, buy original painting or classic photography. If you are a budget of 5000 GBP (which I don't), then there are plenty of choice available so you should focus on iconic pieces or piece that you like. Some says you should stick to artist that will be in art history book such as Banksy, Obey, Invader but then as said above there is so much hype and flippers that it has become difficult to even appreciate street art.
As for me, if I had the money, I would go for early/vintage photography or would buy a painting from emerging markets such as Asian or African market (
Buy what you like ! You are in a wrong boat here, no investment in street art, only flippers and hype. For real investment, don't waste your time with prints, buy original painting or classic photography. If you are a budget of 5000 GBP (which I don't), then there are plenty of choice available so you should focus on iconic pieces or piece that you like. Some says you should stick to artist that will be in art history book such as Banksy, Obey, Invader but then as said above there is so much hype and flippers that it has become difficult to even appreciate street art.
As for me, if I had the money, I would go for early/vintage photography or would buy a painting from emerging markets such as Asian or African market (
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iamzero
Full Member
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Art as an investment , by iamzero on Mar 14, 2013 7:37:44 GMT 1, I don't know why people keep saying this... personally, aside from a couple of Adam Neate prints i overpaid for I think every single piece of art i've ever bought has gone up in value. Maybe you're just buying the wrong things. Is that as in all the pieces you have bought you have marked up 50%, put them on your website, therefore have risen in value! Also a piece of art is always worth more than you paid for it until you come to sell it! p.s, three Peter Blake print's for sale.
Which Blakes do you have for sale?
I don't know why people keep saying this... personally, aside from a couple of Adam Neate prints i overpaid for I think every single piece of art i've ever bought has gone up in value. Maybe you're just buying the wrong things. Is that as in all the pieces you have bought you have marked up 50%, put them on your website, therefore have risen in value! Also a piece of art is always worth more than you paid for it until you come to sell it! p.s, three Peter Blake print's for sale. Which Blakes do you have for sale? |
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Deleted
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January 1970
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Art as an investment , by Deleted on Mar 14, 2013 7:54:47 GMT 1, I would be careful investing in this (old) movement as a lot mentioned is no better than Primark T shirt designs and has no relevance in the real art world.
I would be careful investing in this (old) movement as a lot mentioned is no better than Primark T shirt designs and has no relevance in the real art world.
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alittle
Junior Member
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November 2012
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Art as an investment , by alittle on Mar 14, 2013 9:28:22 GMT 1, I consider every dollar I spend on art to be a sunk cost. I don't ever expect to get any of it back.
I consider every dollar I spend on art to be a sunk cost. I don't ever expect to get any of it back.
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oceane
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February 2014
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Art as an investment , by oceane on Aug 28, 2014 11:25:33 GMT 1, Hello,
I am conducting my MBA thesis surveys, which will help me to go further in the understanding of the art sector, and especially urban art. If you could share these links, I would be grateful!
I hope you will not mind taking part.
Thank you!
Art professionals link:
docs.google.com/forms/d/16zapB2aXyy7X8fT-MPdgd7RW-Yx0qh9jcvCnV2rCdEw/viewform?c=0&w=1&usp=mail_form_link
Street/urban artists link: docs.google.com/forms/d/1u4zAUOoxYux7iobuju_G4KYrzBM1uSazf9y2Dyqw86o/viewform?c=0&w=1&usp=mail_form_link
Collectors link:
docs.google.com/forms/d/1Yx-wjrx29moBvUtroKAWlxOG6oyctMJT24G4iAAf2vU/viewform?c=0&w=1&usp=mail_form_link
Hello,
I am conducting my MBA thesis surveys, which will help me to go further in the understanding of the art sector, and especially urban art. If you could share these links, I would be grateful!
I hope you will not mind taking part.
Thank you!
Art professionals link:
docs.google.com/forms/d/16zapB2aXyy7X8fT-MPdgd7RW-Yx0qh9jcvCnV2rCdEw/viewform?c=0&w=1&usp=mail_form_link
Street/urban artists link: docs.google.com/forms/d/1u4zAUOoxYux7iobuju_G4KYrzBM1uSazf9y2Dyqw86o/viewform?c=0&w=1&usp=mail_form_link
Collectors link:
docs.google.com/forms/d/1Yx-wjrx29moBvUtroKAWlxOG6oyctMJT24G4iAAf2vU/viewform?c=0&w=1&usp=mail_form_link
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Deleted
๐จ๏ธ 0
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January 1970
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Art as an investment , by Deleted on Aug 28, 2014 11:30:58 GMT 1, whats in it for me ?
whats in it for me ?
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iamzero
Full Member
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May 2011
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Art as an investment , by iamzero on Aug 28, 2014 11:38:16 GMT 1, Did we all get this in the mail box?
Did we all get this in the mail box?
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Art as an investment , by fingerz on Aug 28, 2014 11:41:12 GMT 1, Did we all get this in the mail box?
Did we all get this in the mail box? probably , must of taken ages .... lol |
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Dr Plip
Junior Member
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August 2011
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Art as an investment , by Dr Plip on Aug 28, 2014 11:42:38 GMT 1, Did we all get this in the mail box?
*sob sob
Did we all get this in the mail box? I thought I was special! *sob sob |
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Deleted
๐จ๏ธ 0
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January 1970
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Art as an investment , by Deleted on Aug 28, 2014 11:44:34 GMT 1, Hehe
Hehe
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Sacked...
Full Member
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October 2007
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Art as an investment , by Sacked... on Aug 28, 2014 11:45:01 GMT 1, Did we all get this in the mail box? I thought I was special! *sob sob
Did we all get this in the mail box? I thought I was special! *sob sob You are..God loves you. |
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t3c
Junior Member
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Art as an investment , by t3c on Aug 28, 2014 11:46:58 GMT 1, Took 5 minutes to do and i have to say some interesting questions, happy to help out oceane on this, makes a change for the 1 post new members who normally begin life on the forum requesting to buy a Banksy
Took 5 minutes to do and i have to say some interesting questions, happy to help out oceane on this, makes a change for the 1 post new members who normally begin life on the forum requesting to buy a Banksy |
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M
Junior Member
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February 2011
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Art as an investment , by M on Aug 28, 2014 11:51:10 GMT 1, Yeah i wish we got the final results  and conclusions of it
Yeah i wish we got the final results and conclusions of it |
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t3c
Junior Member
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Art as an investment , by t3c on Aug 28, 2014 12:01:53 GMT 1, I believe you can get those if you want, check at the bottom of the survey mario for info
I believe you can get those if you want, check at the bottom of the survey mario for info |
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and conclusions of it
