Of course it can and I’m sure many people who queued the other night will get lucky in the upcoming lottery for the green release as well.

POW are damned no matter what way they choose to release any Banksy print purely because they have become such a commodity. The only way to stop the flipping of Banksy prints for an instant profit would be to sell them at their market value yet I’m sure everyone would much rather that didn’t happen on the off chance they might just be lucky enough to win one at £450. As CHIPPY!! mentioned somewhere else in this thread the decision to release Banksy prints at 30% of their true market value is a great marketing plot and one that helps keep demand and hype high. The example given of Faile, Neate and Micallef are perfect testament to this.

With anything sold at 30% of its market value, people will always find a way to abuse the system; the old style general release had technology and software, the queues the other night had people paying other people in the queue to get them copies, lotteries will have people with multiple email accounts/entries. I had no problem with the free for all queuing system accompanying a lottery release and think POW couldn’t have handled it better if they tried although releasing the print in July would definitely have helped!

I spoke to one guy in the queue who admitted that he had flipped an old print to fund a round the world trip. When considered in this perspective I have absolutely no problems and doubt Banksy or the majority of people there would have either.

The only reason there are x amount of prints on ebay at the moment is because everyone walked away with the print and coa. I’m surprised if anything that this number isn’t much higher and agree with nex...overall, percentages sold on ebay will be much the same as any other recent release of similar edition size.

lets see how many green ones get offered on here or on ebay with inflated prices shall we, before some of you start crucifying POW. You just have to remember how many Donuts were offered for sale on here and on ebay to know that no matter what method POW do, there will be some people who will look to turn a fast profit, even forum members who think they have the moral high ground because they lost out.

One thing I do know is, pieces invariably finds the right home, the person who buys from the secondary will be less inclined to sell it on immediately, not unless the price goes up, which in turn means the original flippers are kind of kicking themselves for losing out on making more money, case in example Nola. The people who bought secondary immediately after print was released, could make more money selling now then the original flipper.

This is all part and parcel of the game. You have a choice, you can either play or not

Good to hear your feelin better

im just referring to those that are moaning about flippers kissysuki, of course there will be the fans mixed in. But i agree with someone earlier that said the thing had become about money and i tend to agree.

Even those that collect banksy and have done since the start will have in the back of their mind the value. Its just human nature and the world we live in. Otherwise you would get people that 'love' banksy prints selling them for cost to other people that 'love' banksy, but as you have probably seen... that has never happened no matter how good someones intentions are.

We're all flippers in the long term...No one on this forum will sell his Banksy at cost, so what time do you have to wait before selling and not be categorised as flipper? Some here are selling their Donut print...well...it's only a few months it's been released.

Think about it... all you haters.

The only way IMO to stop people flipping is for banksy to release everything open edition at very low cost. If you love his art does that number at the bottom really matters that much?

But no hardcore collects wont like that as it has no "Value".

Selling at market value wont help either they will still be sold out at £1.5k each because then the true market value will be £5k each on bay.

Its been covered plenty of times in the past, but even though banksy has huge artistic merit etc etc... his fame has grown due to the price of his prints and originals. Without ebay etc he would not be where he is, so why would he stop now. He gets to make money for charity, probably a few for himself and then releases stuff where others can benefit so in my mind thats a very kind thing to do.

Lets not forget that a certain company started this chain reaction by doing naughty things a few years ago...

come on man? for real?...Banksy is Santa now?

And we are now saying flipping is OK because it's "for the children"?

for fucks sake.............

I was one of the lucky ones to get a print, and i really feel for the people who didn't. We roughly worked out that if you turned up before about 4am chances are you got one, any time after that you were on sketchy ground. It did seem strange to us though that there were only about 250 people who turned up. (unless some people came had a count then left)
We arrived about 11pm and were in the late 100's. We did do a head count a few times though to make sure we were in with a chance though.

On average you get about 20% of flippers on the first week of a release, it's just how it is. You do have to remember though that some people will benefit from this. I am sure that at some point this week at least one will be heading over to the states and if it werent for the flippers our overseas friends wouldn't get the chance to own one.
Having said all that there are times that it annoys me, one gallery owner (dunno who) had paid two eastern block guys to queue up all night to get a print. It also niggled me when he told them to make up British names when the got the print so it looked better. I really can't blame the guys for doing the queing as i am sure they needed the money, but if that gallery owner wasn't greedy then maybe a couple of the real enthusiasts at the back of the queue may have got one.

Am i planning to sell mine? Never as it means too much to me, out of them all this will always mean the most to me because of the experience i had. (It's also my first signed piece) Having said that though if someone offered me 5k it would be straight in the post. No matter how much i love it having a debt free life would be more of a positive thing for me, and print number XXX/250 will always be mine, even if someone else had it hanging in their home.

All i say to the flippers out there, if you are too greedy to donate any of your profits to a homeless charity at least buy one of Above's charity prints, you never know you may be able to flip it one day....
goabove.com/main/

POW were trying to stop the multiple family purchases by saying it was only one per household when giving out the tickets. There was one family who got there early hours, husband got in queue while wife and daughter slept in the car. They came back at six am just as the tickets were being handed out and husband already had his. The wife and daughter were sent to the back of the queue and didnt get a print. Well done POW

Well, I now own my first Banksy, what a picture to remind me of the experience that was the 15 hour queue.
Met some geat people, Dean,Alex, Rod and Peter (Scottish coffee) . Thanks to Jim for dragging me along.
Print being framed, on my wall by Wednesday.
Oh and Ferdinand should have got a print too!!!

dont think nowhere near as many greens will b offered up!

POW were impeccable in the way they handled us guys queuing and those who brought their families. About 10 people down from us there was a young girl of about 18 and a 9 year old girl holding sleeping bags claiming they were from different homes. POW had to deal with it and did so very well eventually evicting them out of the queue, mainly i think because of the girls safety. its a shame to see what money can make some people do. history of mankind though i suppose . . . there is worse things people do for money then flip a print, when u think about it in that perspective it changes a thing or two . . . at least its legal.

What would be interesting would be if POW released the green one as a print run of 5000 at fifty quid. They'd still get their quarter mill, and anyone who wanted one could own one. The only risk run would be if Banksy could paint again after signing 5000 prints lol...