Panic selling. A few are sold for cheaper than expected and suddenly everyone wants out.

Spanksy, if you like his work then buy it mate. The prices at the moment are a bargain and I'd be amazed to see them drop further. Most, though not all, will be selling because they bought in order to make a killing and are shifting the pieces due to panic. Those that bought his work because they like it have got it hanging on their walls in a frame.

Agree; +1 for you....

Mine only came out from home one time (to know the framer) and will live with us during decades.

;D ;D

Nice signature on them as well, unlike ........... ok I won't go there!

I love my GIWTBB, it’s a great print and everyone who sees it comments on it good or bad!

I love the size of it too it dominates the room although was expensive to frame.

I will never get rid of mine.

it's a double whammy, as those who bought for profit offload, those who are unsure as to whether they are gonna keep it long term are panicking too and getting rid before they perceive the market drops further. the demand is outstripped by supply even further so there can only be one result - further drops.

if i had the money to spend i'd be filling my boots, who cares if it dropped further or didn't increase much, you can get some of the eyestorm 95 editions for about a grand!!! not 21stCL, obviously.
i have a JD for sale as i don't want to put it up and will wait and see how things go, i've also got a shibuya crossing that won't go anywhere unless my finances take a real nosedive.

in fact i'd like to be able to pick up a few bits so long may the lull continue!
go with your gut mate.

yeh some good points there mate. my gut tells me to buy buy buy, but then again it never tells me to stop and think. haha

I have kept my shibuya crossing and giant freak, they are framed and on the wall and look great together. I think most of his charcoal prints are wonderful.

I have 1 micallef left - my all time fav Giant Freak. Its an a/p of 10 version whatever that means...

Prices aside, i think the best thing mr Micallef could do at the moment apart from releasing no more prints ,would be to take a year or two off, retreat to his studio, work on some new stuff and come back bigger and better than ever. If laz keeps churning out prints, Anthony's career in the main stream will be over before he has reached anywhere near his peak. As for prices (not that it matters) again if Laz keep flooding the market his prices will plummet, good news for the collector, not so good if you want them for an investment, then they will never recover.
Anthony was stunned at his sudden rise to fame, That was not the way he wanted to go.

in my opinion laz is riding on the wave of the "sell out" phenomenon, and thinks he has a guaranteed sell out no matter what he does and to what artist, it is a real shame for Anthony, but his work does deserve the attention, I hope it gets managed right, I treasure early works I got.

People who were in Micallef strictly as an investment started panic selling when prices fluctuated downward. AM wanted to drive prices down some so they could get into the hands of fans, so he releases tons of prints for his LA show. This began the over saturation of the market for his work and prices went south. It was perpetuated by time of year and many 'investors' not taking the factor of less money being available to spend on art as is always the case around Christmas and how that was sure to effect prices across the board. This brings us to a point where prices are low enough that most anyone who wants Micallef can buy his prints at reasonable prices and availability. Now that we are through the holiday spending drought, people will open back up to spend on art again, and just in time to see sweet deals on Micallef prints and a fair amount of them on the market. As they clear out the market and prints are firmly in the hands of collectors, prices will rise again and perhaps be stronger as only true fans will have his stuff and likely not be swayed to sell to make a few quid. Longterm, this rollercoaster with Micallef's prints will appear as we well planned and well executed altering of his market.

Don't agree at all, if he wanted his fans to have his work at affordable prices then release a print run of 10,000 at £50 each. The price of his original's have suffered also and I can't imagine he wanted that. The ones at Newcastle would have sold in a second before the LA show. And thats because 4 x 400 not very good images were released at far too high a price combined with another 1000 prints from POW (although it's a very good image), combined with an over hyped show that did not live up to expectation and again was over priced and did not sell out, throw in some very bad PR and the whole thing collapses. The oversized snooker trophys didn't help either.

But Micallef is a talented artist and I think his charcoal work is superb and i can see them rising steadily. Both prints and originals.

Micallef is quality, pity for those that spent a lot to get one..unless their happy with it!

..I might buy some more now that they are more realistically priced