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Banksy @ Phillips , by High Contrast on Jan 18, 2023 21:05:55 GMT 1, Is he back?
ยฃ60k hammer Unsigned LN
ยฃ87k hammer unsigned GWB
All eyes on forum on the 31st.
Is he back?
ยฃ60k hammer Unsigned LN
ยฃ87k hammer unsigned GWB
All eyes on forum on the 31st.
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Banksy @ Phillips , by High Contrast on Jan 18, 2023 21:06:06 GMT 1, Strong hirst results also
Strong hirst results also
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cemltz
New Member
๐จ๏ธ 498
๐๐ป 928
October 2022
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Banksy @ Phillips , by cemltz on Jan 18, 2023 21:17:56 GMT 1, Strong hirst results also
Strong hirst results also The Hirst woodcuts stood out to me as well. I was bidding on Cocarboxylase. That price is not showing any weakness. |
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Wanchope
Junior Member
๐จ๏ธ 1,499
๐๐ป 1,319
February 2020
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Banksy @ Phillips , by Wanchope on Jan 18, 2023 21:19:56 GMT 1, Not amazing results though to be fair, barcode seemed below my thoughts, WSP at 12k and a signed toxic Mary at 25k. I have to say that auctioneers voice is 100% annoying. Every time she says โonlineโ I cringe ๐คฃ๐คฃ
Not amazing results though to be fair, barcode seemed below my thoughts, WSP at 12k and a signed toxic Mary at 25k. I have to say that auctioneers voice is 100% annoying. Every time she says โonlineโ I cringe ๐คฃ๐คฃ
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Wanchope
Junior Member
๐จ๏ธ 1,499
๐๐ป 1,319
February 2020
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Banksy @ Phillips , by Wanchope on Jan 18, 2023 21:20:26 GMT 1, I see the currency didnโt get a bid too
I see the currency didnโt get a bid too
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Banksy @ Phillips , by High Contrast on Jan 18, 2023 21:25:16 GMT 1, I see the currency didnโt get a bid too
Not sure what auction you were watching
I see the currency didnโt get a bid too Not sure what auction you were watching |
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Wanchope
Junior Member
๐จ๏ธ 1,499
๐๐ป 1,319
February 2020
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Banksy @ Phillips , by Wanchope on Jan 18, 2023 21:27:51 GMT 1, Oh my bad Iโve been watching on and off. Tbf though the app shows all the prices but the currency there isnโt an amount (which is why I thought it hadnโt sold) until you click it and it hammered at 9500
Oh my bad Iโve been watching on and off. Tbf though the app shows all the prices but the currency there isnโt an amount (which is why I thought it hadnโt sold) until you click it and it hammered at 9500
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Wanchope
Junior Member
๐จ๏ธ 1,499
๐๐ป 1,319
February 2020
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Banksy @ Phillips , by Wanchope on Jan 18, 2023 21:28:20 GMT 1, One stand out for me was laugh now as I thought that one did amazingly well for an unsigned
One stand out for me was laugh now as I thought that one did amazingly well for an unsigned
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Banksy @ Phillips , by High Contrast on Jan 18, 2023 21:28:33 GMT 1, Oh my bad Iโve been watching on and off. Tbf though the app shows all the prices but the currency there isnโt an amount (which is why I thought it hadnโt sold) until you click it and it hammered at 9500
remember forums old auctioneer, throughout covid? He was painful!
Oh my bad Iโve been watching on and off. Tbf though the app shows all the prices but the currency there isnโt an amount (which is why I thought it hadnโt sold) until you click it and it hammered at 9500 Tbh I donโt mind this auctioneer. remember forums old auctioneer, throughout covid? He was painful! |
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Banksy @ Phillips , by High Contrast on Jan 18, 2023 21:28:46 GMT 1, ๐คฃ๐คฃ๐คฃ
๐คฃ๐คฃ๐คฃ
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Banksy @ Phillips , by Love Is In The Air on Jan 18, 2023 21:30:10 GMT 1, You didnโt put all the Banksy results in High Contrastโฆ..not sure if it was deliberate tactic but the ones you didnโt mention fared less well IMHO - so perhaps a sign that only the โclassicโ images will command big premiums going forward??
GWB US 109.6k all in
Laugh Now US 75.6k
Toxic Mary signed 31.5k
Barcode Unsigned 30.2k
WSM US 15.1k
All roughly within current Banksy Value website estimates except the Laugh Now - wonder if they think theyโve bought a signed one?!!
You didnโt put all the Banksy results in High Contrastโฆ..not sure if it was deliberate tactic but the ones you didnโt mention fared less well IMHO - so perhaps a sign that only the โclassicโ images will command big premiums going forward??
GWB US 109.6k all in
Laugh Now US 75.6k
Toxic Mary signed 31.5k
Barcode Unsigned 30.2k
WSM US 15.1k
All roughly within current Banksy Value website estimates except the Laugh Now - wonder if they think theyโve bought a signed one?!!
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Banksy @ Phillips , by Deleted on Jan 18, 2023 21:30:53 GMT 1, Last year: ยฃโ163,800
This Year: ยฃโ109,620
Pretty big difference in one year. I'm guessing Banksy will follow the stock market more and more. Who knows what this year will bring.
Last year: ยฃโ163,800 This Year: ยฃโ109,620 Pretty big difference in one year. I'm guessing Banksy will follow the stock market more and more. Who knows what this year will bring. |
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Wanchope
Junior Member
๐จ๏ธ 1,499
๐๐ป 1,319
February 2020
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Banksy @ Phillips , by Wanchope on Jan 18, 2023 21:32:22 GMT 1, Oh my bad Iโve been watching on and off. Tbf though the app shows all the prices but the currency there isnโt an amount (which is why I thought it hadnโt sold) until you click it and it hammered at 9500 Tbh I donโt mind this auctioneer. remember forums old auctioneer, throughout covid? He was painful!
Oh my bad Iโve been watching on and off. Tbf though the app shows all the prices but the currency there isnโt an amount (which is why I thought it hadnโt sold) until you click it and it hammered at 9500 Tbh I donโt mind this auctioneer. remember forums old auctioneer, throughout covid? He was painful! Oh yeah I do remember and yes painful was def the word! |
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Banksy @ Phillips , by High Contrast on Jan 18, 2023 21:33:05 GMT 1, You didnโt put all the Banksy results in High Contrastโฆ..not sure if it was deliberate tactic but the ones you didnโt mention fared less well IMHO - so perhaps a sign that only the โclassicโ images will command big premiums going forward?? GWB US 109.6k all in Laugh Now US 75.6k Toxic Mary signed 31.5k Barcode Unsigned 30.2k WSM US 15.1k All roughly within current Banksy Value website estimates except the Laugh Now - wonder if they think theyโve bought a signed one?!!
Market has stabilised and top images pulling away yet again.
Who knows , could just be a blip when everything gets pared at Forum.
You didnโt put all the Banksy results in High Contrastโฆ..not sure if it was deliberate tactic but the ones you didnโt mention fared less well IMHO - so perhaps a sign that only the โclassicโ images will command big premiums going forward?? GWB US 109.6k all in Laugh Now US 75.6k Toxic Mary signed 31.5k Barcode Unsigned 30.2k WSM US 15.1k All roughly within current Banksy Value website estimates except the Laugh Now - wonder if they think theyโve bought a signed one?!! I think all round itโs positive - Market has stabilised and top images pulling away yet again. Who knows , could just be a blip when everything gets pared at Forum. |
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Banksy @ Phillips , by High Contrast on Jan 18, 2023 21:37:48 GMT 1, Strong hirst results also The Hirst woodcuts stood out to me as well. I was bidding on Cocarboxylase. That price is not showing any weakness.
I saw these in person , they were large and have real presence in the room.
Canโt beat a spot IMO
did you win it?
Strong hirst results also The Hirst woodcuts stood out to me as well. I was bidding on Cocarboxylase. That price is not showing any weakness. Iโm sure everyone on here know this - but Iโm a huge fan of the hirst spot works. I saw these in person , they were large and have real presence in the room. Canโt beat a spot IMO did you win it? |
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Fuzzyduck121
Junior Member
๐จ๏ธ 1,305
๐๐ป 1,223
December 2011
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Banksy @ Phillips , by Fuzzyduck121 on Jan 18, 2023 21:59:44 GMT 1, Anyone with Hockney large iPad works would be very happy with this auction
Anyone with Hockney large iPad works would be very happy with this auction
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Wanchope
Junior Member
๐จ๏ธ 1,499
๐๐ป 1,319
February 2020
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Banksy @ Phillips , by Wanchope on Jan 18, 2023 22:24:28 GMT 1, Yep hockneys did really well imo
Yep hockneys did really well imo
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LJCal
Junior Member
๐จ๏ธ 2,980
๐๐ป 4,523
December 2019
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Banksy @ Phillips , by LJCal on Jan 18, 2023 22:36:30 GMT 1, Some strong results for a few artists, Hockney performed very well as well.
Some strong results for a few artists, Hockney performed very well as well.
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JFCC
New Member
๐จ๏ธ 390
๐๐ป 394
May 2020
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Banksy @ Phillips , by JFCC on Jan 18, 2023 22:43:19 GMT 1, Thanks for the priceโs but unfortunately you need to add the VAT on the commission and ARR. It adds a few ยฃk so GWB the buyer will pay at least ยฃ117.4K. There is nowhere in Europe or the US that wonโt charge a duty on import so it makes no sense to exclude it, especially as most buyers are from the U.K. Basic rule of thumb that works is 35 or 36% on top of hammer price.
Thanks for the priceโs but unfortunately you need to add the VAT on the commission and ARR. It adds a few ยฃk so GWB the buyer will pay at least ยฃ117.4K. There is nowhere in Europe or the US that wonโt charge a duty on import so it makes no sense to exclude it, especially as most buyers are from the U.K. Basic rule of thumb that works is 35 or 36% on top of hammer price.
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robo
Junior Member
๐จ๏ธ 1,582
๐๐ป 1,007
November 2006
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Banksy @ Phillips , by robo on Jan 18, 2023 22:50:01 GMT 1, Nice results on the Currency and the Banksys; holding up nicely during these times IMHO.
Nice results on the Currency and the Banksys; holding up nicely during these times IMHO.
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Dice
Junior Member
๐จ๏ธ 2,234
๐๐ป 1,526
October 2011
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Banksy @ Phillips , by Dice on Jan 18, 2023 22:56:10 GMT 1, One stand out for me was laugh now as I thought that one did amazingly well for an unsigned
One stand out for me was laugh now as I thought that one did amazingly well for an unsigned Bought from Tate Modern no less! |
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Poster Bob
Junior Member
๐จ๏ธ 5,891
๐๐ป 5,524
September 2013
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Banksy @ Phillips , by Poster Bob on Jan 18, 2023 23:23:48 GMT 1, I was hoping for the P19 prints to take off but nope. Iโll hold out for the start of the spring season. Happy to see the price on Who Cares Wins, I wanted to see it hit ยฃ25k but ยฃ23.9k will do well enough. The Peter Doig result shocked me. Iโd surmise itโs a placed set give Joe recent the release was.
I was hoping for the P19 prints to take off but nope. Iโll hold out for the start of the spring season. Happy to see the price on Who Cares Wins, I wanted to see it hit ยฃ25k but ยฃ23.9k will do well enough. The Peter Doig result shocked me. Iโd surmise itโs a placed set give Joe recent the release was.
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Pawel
Junior Member
๐จ๏ธ 3,801
๐๐ป 3,273
June 2015
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Banksy @ Phillips , by Pawel on Jan 18, 2023 23:35:18 GMT 1, I was hoping for the P19 prints to take off but nope. Iโll hold out for the start of the spring season. Happy to see the price on Who Cares Wins, I wanted to see it hit ยฃ25k but ยฃ23.9k will do well enough. The Peter Doig result shocked me. Iโd surmise itโs a placed set give Joe recent the release was.
I was hoping for the P19 prints to take off but nope. Iโll hold out for the start of the spring season. Happy to see the price on Who Cares Wins, I wanted to see it hit ยฃ25k but ยฃ23.9k will do well enough. The Peter Doig result shocked me. Iโd surmise itโs a placed set give Joe recent the release was. P19-6 โฌ69k in December, ยฃ16k in January. LOL |
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LJCal
Junior Member
๐จ๏ธ 2,980
๐๐ป 4,523
December 2019
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Banksy @ Phillips , by LJCal on Jan 18, 2023 23:38:52 GMT 1, Thanks for the priceโs but unfortunately you need to add the VAT on the commission and ARR. It adds a few ยฃk so GWB the buyer will pay at least ยฃ117.4K. There is nowhere in Europe or the US that wonโt charge a duty on import so it makes no sense to exclude it, especially as most buyers are from the U.K. Basic rule of thumb that works is 35 or 36% on top of hammer price.
Thanks for the priceโs but unfortunately you need to add the VAT on the commission and ARR. It adds a few ยฃk so GWB the buyer will pay at least ยฃ117.4K. There is nowhere in Europe or the US that wonโt charge a duty on import so it makes no sense to exclude it, especially as most buyers are from the U.K. Basic rule of thumb that works is 35 or 36% on top of hammer price. Who said itโs going to Europe? Middle East, US, Hong Kong, Singapore? |
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cemltz
New Member
๐จ๏ธ 498
๐๐ป 928
October 2022
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Banksy @ Phillips , by cemltz on Jan 18, 2023 23:50:12 GMT 1, The Hirst woodcuts stood out to me as well. I was bidding on Cocarboxylase. That price is not showing any weakness. Iโm sure everyone on here know this - but Iโm a huge fan of the hirst spot works. I saw these in person , they were large and have real presence in the room. Canโt beat a spot IMO did you win it?
love me my square spot woodcutsโฆ
The Hirst woodcuts stood out to me as well. I was bidding on Cocarboxylase. That price is not showing any weakness. Iโm sure everyone on here know this - but Iโm a huge fan of the hirst spot works. I saw these in person , they were large and have real presence in the room. Canโt beat a spot IMO did you win it? love me my square spot woodcutsโฆ |
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JFCC
New Member
๐จ๏ธ 390
๐๐ป 394
May 2020
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Banksy @ Phillips , by JFCC on Jan 19, 2023 10:41:54 GMT 1, Nobody!!
Its just helping people see that the price on an Auction houses web site is understated due to the VAT element.
The basic argument they use as to why Auction Houses exclude the VAT element is they say the pieces could be going overseas so VAT can be reclaimed, but they omit to point out that an import duty will be payable of at least as much, so its a disingenuous argument to make the total costs look lower. VAT is 20% on the buyers premium so will add at least 5% to the purchase price.
That said prices overall were a bit mixed but plenty to be positive about!
Nobody!!
Its just helping people see that the price on an Auction houses web site is understated due to the VAT element.
The basic argument they use as to why Auction Houses exclude the VAT element is they say the pieces could be going overseas so VAT can be reclaimed, but they omit to point out that an import duty will be payable of at least as much, so its a disingenuous argument to make the total costs look lower. VAT is 20% on the buyers premium so will add at least 5% to the purchase price.
That said prices overall were a bit mixed but plenty to be positive about!
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