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new micaleff prints at LAZ, by numusic on Jan 19, 2007 0:23:43 GMT 1, 150 x ยฃ4700 = ยฃ705,000 Arts not such bad work if you can get it... Still has to pay 17.5% vat and probably a whopping 20% to his manager. Thats 400,000 left and oh yes then the tax man will still want his pound of flesh and then there are the production costs. Its still a tidy sum by any stretch of the imagination but no where near 705,000
20%  try 50 ++ 
150 x ยฃ4700 = ยฃ705,000 Arts not such bad work if you can get it... Still has to pay 17.5% vat and probably a whopping 20% to his manager. Thats 400,000 left and oh yes then the tax man will still want his pound of flesh and then there are the production costs. Its still a tidy sum by any stretch of the imagination but no where near 705,000 20% try 50 ++ |
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saltandiron
New Member
๐จ๏ธ 794
๐๐ป 3
July 2006
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new micaleff prints at LAZ, by saltandiron on Jan 19, 2007 9:59:42 GMT 1, Yep, I've read a couple of places that the standard cut for galleries is about 50%. So 'in theory' laz makes as much as all of its artists combined.
Still has to pay 17.5% vat and probably a whopping 20% to his manager. Thats 400,000 left and oh yes then the tax man will still want his pound of flesh and then there are the production costs. Its still a tidy sum by any stretch of the imagination but no where near 705,000 20% try 50 ++
Yep, I've read a couple of places that the standard cut for galleries is about 50%. So 'in theory' laz makes as much as all of its artists combined. Still has to pay 17.5% vat and probably a whopping 20% to his manager. Thats 400,000 left and oh yes then the tax man will still want his pound of flesh and then there are the production costs. Its still a tidy sum by any stretch of the imagination but no where near 705,000 20% try 50 ++ |
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new micaleff prints at LAZ, by slowmo on Jan 19, 2007 10:27:31 GMT 1, So at 40% tax VAT and gallerycut ยฃ174487.50. More than I earn in 4 years
So at 40% tax VAT and gallerycut ยฃ174487.50. More than I earn in 4 years
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Curley
Junior Member
๐จ๏ธ 2,012
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June 2006
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new micaleff prints at LAZ, by Curley on Jan 19, 2007 10:48:22 GMT 1, As i have no artistic talent i there fore need a gallery.
As i have no artistic talent i there fore need a gallery.
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pezlow
Junior Member
๐จ๏ธ 5,388
๐๐ป 254
January 2007
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new micaleff prints at LAZ, by pezlow on Jan 19, 2007 11:12:34 GMT 1, For smaller and emerging artists the cut tends to be 50%. I understand that once an artist gets established and "hot" he can negotiate a significant reduction in the gallery cut.
For smaller and emerging artists the cut tends to be 50%. I understand that once an artist gets established and "hot" he can negotiate a significant reduction in the gallery cut.
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dotdot
Junior Member
๐จ๏ธ 3,658
๐๐ป 1,030
December 2006
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new micaleff prints at LAZ, by dotdot on Jan 19, 2007 12:39:14 GMT 1, Well I've emailed lazinc twice about these new prints - and have had
no reply - doesn't bode well for doing any kind of business - perhaps
I'm expecting too much.
Well I've emailed lazinc twice about these new prints - and have had
no reply - doesn't bode well for doing any kind of business - perhaps
I'm expecting too much.
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new micaleff prints at LAZ, by manchestermike on Jan 19, 2007 14:12:30 GMT 1, Well I've emailed lazinc twice about these new prints - and have had no reply - doesn't bode well for doing any kind of business - perhaps I'm expecting too much.
I've struggled before getting a reply by email. Give 'em a bell
Well I've emailed lazinc twice about these new prints - and have had no reply - doesn't bode well for doing any kind of business - perhaps I'm expecting too much. I've struggled before getting a reply by email. Give 'em a bell |
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new micaleff prints at LAZ, by tomjedimaster on Jan 19, 2007 15:33:18 GMT 1, Steve Lazerides has managed to push the market for these prints through the roof, considering the originals were only between 3 to 4 times the 4k price. Micallef wouldn't be where he's at (this "hot" right now) if it wasn't for Steve L. and the Banksy brand.
There's a Micallef painting on auction (along with a few banksy originals on Sotheby's) and i'm very curious what it's going to fetch.
If you're a Micallef fan and never managed to pick up a cheap POW print, then i'm afraid you're (we're) probably out of luck until everyone starts making more money.
Steve Lazerides has managed to push the market for these prints through the roof, considering the originals were only between 3 to 4 times the 4k price. Micallef wouldn't be where he's at (this "hot" right now) if it wasn't for Steve L. and the Banksy brand.
There's a Micallef painting on auction (along with a few banksy originals on Sotheby's) and i'm very curious what it's going to fetch.
If you're a Micallef fan and never managed to pick up a cheap POW print, then i'm afraid you're (we're) probably out of luck until everyone starts making more money.
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willamsa
New Member
๐จ๏ธ 150
๐๐ป 33
May 2006
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new micaleff prints at LAZ, by willamsa on Jan 19, 2007 15:58:26 GMT 1, I spoke to Yvette at the Turnbull preview last night, she is working through the emails, and said that if you send one in then your place in the queue is established.
Everyone at Laz has been busy with the Turnbull exhibit so while she has been working through the list there is still some way to go - it also sounded like some peoples contact details weren't correct or they weren't available which slows the whole process down
I spoke to Yvette at the Turnbull preview last night, she is working through the emails, and said that if you send one in then your place in the queue is established.
Everyone at Laz has been busy with the Turnbull exhibit so while she has been working through the list there is still some way to go - it also sounded like some peoples contact details weren't correct or they weren't available which slows the whole process down
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lesroy
Junior Member
๐จ๏ธ 1,281
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July 2006
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new micaleff prints at LAZ, by lesroy on Jan 27, 2007 12:13:37 GMT 1, anyone got one of these yet?
Please show us the pics when you unveil her
anyone got one of these yet? Please show us the pics when you unveil her |
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andrewd
Junior Member
๐จ๏ธ 1,079
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September 2006
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new micaleff prints at LAZ, by andrewd on Jan 27, 2007 13:55:25 GMT 1, So at 40% tax VAT and gallerycut ยฃ174487.50. More than I earn in 4 years
well they do employ at least five people have a property in the middle of the west end etc. Laz are growing but they are still small compared to some of the Cork Street dealers.
So at 40% tax VAT and gallerycut ยฃ174487.50. More than I earn in 4 years well they do employ at least five people have a property in the middle of the west end etc. Laz are growing but they are still small compared to some of the Cork Street dealers. |
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try 50 ++ 
