6 Banksy prints for 1 Banksy canvas!!!, by snausages on Jan 21, 2009 0:04:45 GMT 1,

>>>The problematic part is that a lot of these canvases were gobbled up by galleries who are still holding out for premiums.<<<
I don't know who's problem that is unless you are saying that makes life difficult for the potential acquirer.

Yeah, harder to acquire as many of these have now been bought by people who paid a lot and so probably less willing to negotiate, unless they are in dire straights. And even the people who didn't pay alot may have a hard time coming to grips with reality now and not want to let it go for cheap.

But I agree with you, I'm buying as much as I can afford right now. It's a great time to negotiate and find great work at good prices.

Jan 20, 2009 23:04:02 GMT 1 @junkieart said:

Myself included, running a small business in these times are hard! Until the f'ing banks start to lend the money we have lent them we're all in trouble imo (But don't want to start on that!)

I can't stand that we gave free money to banks. Especially now that they are still cutting peoples credit lines and increasing peoples interest rates. It's astounding.

I know that many galleries here in NY (and elsewhere) are pretty desperate to sell things and many have also been renegotiating leases with landlords since the real estate market has deteriorated. Can't hurt for asking junkie if you're paying a lot...

>>>The problematic part is that a lot of these canvases were gobbled up by galleries who are still holding out for premiums.<<<
I don't know who's problem that is unless you are saying that makes life difficult for the potential acquirer.

Yeah, harder to acquire as many of these have now been bought by people who paid a lot and so probably less willing to negotiate, unless they are in dire straights. And even the people who didn't pay alot may have a hard time coming to grips with reality now and not want to let it go for cheap.

But I agree with you, I'm buying as much as I can afford right now. It's a great time to negotiate and find great work at good prices.

Jan 20, 2009 23:04:02 GMT 1 @junkieart said:

Myself included, running a small business in these times are hard! Until the f'ing banks start to lend the money we have lent them we're all in trouble imo (But don't want to start on that!)

I can't stand that we gave free money to banks. Especially now that they are still cutting peoples credit lines and increasing peoples interest rates. It's astounding.

I know that many galleries here in NY (and elsewhere) are pretty desperate to sell things and many have also been renegotiating leases with landlords since the real estate market has deteriorated. Can't hurt for asking junkie if you're paying a lot...