gearhead
New Member
Posts โข 4
Likes โข 0
October 2008
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Valuation and best way to sell?, by gearhead on Oct 11, 2008 23:47:25 GMT 1, Hey everyone,
I'm one of those lucky guys who ordered a Banksy from pictures on walls before they all got bought out. Unluckily I recently starting doing a Masters course at university and I'm finding it impossible to get a loan or funding. As such I'm having to part with my beloved Banksy "Laugh now". I have spoken to a few auctioneers and they value it as between ยฃ4-6k, unfortunately they aren't able to auction it till next February or beyond (sidenote: accidentally posted this in the other forum and some guys said it was worth over ยฃ6k!). This poses a problem for me as I need the funds as soon as possible. So, as experienced Banksy connosieurs as yourself can you recommend the best way for me to sell it at its value? I'm thinking about putting it on eBay, is that a good idea? Perhaps there are galleries that might buy it? My brother does potentially have the ability to foot my bills if selling the Banksy at Auction is the definite best choice. if so, which auctioneer would be best?
If anyone could provide advice I would greatly appreciate it.
God Bless,
Gearhead
P.S Here's a picture of the laugh now image but it's not a picture of my copy.
My copy is signed and unframed.
Hey everyone, I'm one of those lucky guys who ordered a Banksy from pictures on walls before they all got bought out. Unluckily I recently starting doing a Masters course at university and I'm finding it impossible to get a loan or funding. As such I'm having to part with my beloved Banksy "Laugh now". I have spoken to a few auctioneers and they value it as between ยฃ4-6k, unfortunately they aren't able to auction it till next February or beyond (sidenote: accidentally posted this in the other forum and some guys said it was worth over ยฃ6k!). This poses a problem for me as I need the funds as soon as possible. So, as experienced Banksy connosieurs as yourself can you recommend the best way for me to sell it at its value? I'm thinking about putting it on eBay, is that a good idea? Perhaps there are galleries that might buy it? My brother does potentially have the ability to foot my bills if selling the Banksy at Auction is the definite best choice. if so, which auctioneer would be best? If anyone could provide advice I would greatly appreciate it. God Bless, Gearhead P.S Here's a picture of the laugh now image but it's not a picture of my copy. My copy is signed and unframed. |
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Cocteau 101
Junior Member
Posts โข 3,503
Likes โข 1,226
January 2007
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Valuation and best way to sell?, by Cocteau 101 on Oct 12, 2008 10:47:55 GMT 1, Gearhead
Firstly, you need to get watertight provenance from POW / Pest Control for the piece. They will confirm you are the original owner and issue you with a COA for approx ยฃ50. Without this your sale is vulnerable as there have been a number of fake Laugh Nows sold in the past.
Once obtained, you can choose either route, a private sale or ebay may be best to avoid excessive sellers fees at auction. The provenance is the key.
I'm after a fully verified signed Laugh Now so if you get the COA sorted let me know and we can talk price, but it should be enough to ease your college burden ;D.
Cheers
C
Gearhead
Firstly, you need to get watertight provenance from POW / Pest Control for the piece. They will confirm you are the original owner and issue you with a COA for approx ยฃ50. Without this your sale is vulnerable as there have been a number of fake Laugh Nows sold in the past.
Once obtained, you can choose either route, a private sale or ebay may be best to avoid excessive sellers fees at auction. The provenance is the key.
I'm after a fully verified signed Laugh Now so if you get the COA sorted let me know and we can talk price, but it should be enough to ease your college burden ;D.
Cheers
C
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