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Faile Ecstasy Print - June 15th, by spencerlee on Jun 18, 2010 9:07:30 GMT 1, Well said Pez. The problem is the entire scene, more specifically this forum is resonating with the one-off case of Banksy. Originals and small edition prints from relatively recently are worth a small fortune, and recent large editions fetch a pretty penny. This situation is the background to other releases by other artists and people are looking to catch the next one before he\she blows up.
Well said Pez. The problem is the entire scene, more specifically this forum is resonating with the one-off case of Banksy. Originals and small edition prints from relatively recently are worth a small fortune, and recent large editions fetch a pretty penny. This situation is the background to other releases by other artists and people are looking to catch the next one before he\she blows up.
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G-Man
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Faile Ecstasy Print - June 15th, by G-Man on Jun 18, 2010 9:08:58 GMT 1, Pez I agree with you to some degree but a lot of the art in this price bracket can be bought, enjoyed and then sold for a similar amount after the buyer has enjoyed it. This differs significantly from the other luxury goods markets of cars, technology etc. All of these make an immediate loss and the longer you enjoy it the more the loss. I have bought art enjoyed having it on the wall for a while then rung the changes and sold it to buy some more, this often is at a very similar price to which I bought it ofr allowing me to have enjoyed it for free.
Pez I agree with you to some degree but a lot of the art in this price bracket can be bought, enjoyed and then sold for a similar amount after the buyer has enjoyed it. This differs significantly from the other luxury goods markets of cars, technology etc. All of these make an immediate loss and the longer you enjoy it the more the loss. I have bought art enjoyed having it on the wall for a while then rung the changes and sold it to buy some more, this often is at a very similar price to which I bought it ofr allowing me to have enjoyed it for free.
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pezlow
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Faile Ecstasy Print - June 15th, by pezlow on Jun 18, 2010 9:54:59 GMT 1, Yeah, I don't doubt that there are occasions in this bubble where a piece you buy keeps its value or even increases in value. But I would suggest that the majority of pieces bought in the last year to 18 months have not kept their value. And I think this is true for most art purchases at our levels, it's obviously different at the top end of the market.
Outside this scene prints by well known artists can be available from source for years. Clearly the print is therefore not worth what you paid for it as soon as you buy it. But it doesn't stop you buying because you want to put it on your wall and enjoy it.
Yeah, I don't doubt that there are occasions in this bubble where a piece you buy keeps its value or even increases in value. But I would suggest that the majority of pieces bought in the last year to 18 months have not kept their value. And I think this is true for most art purchases at our levels, it's obviously different at the top end of the market.
Outside this scene prints by well known artists can be available from source for years. Clearly the print is therefore not worth what you paid for it as soon as you buy it. But it doesn't stop you buying because you want to put it on your wall and enjoy it.
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G-Man
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Faile Ecstasy Print - June 15th, by G-Man on Jun 18, 2010 10:09:42 GMT 1, I think that the days of flipping for profit are over in the scene apart from the obvious artists which is a really good thing. You only have to look at the flood of prints at near to cost on Ebay to see this. This said there are still many prints from the larger artists on the scene that do hold their value and therefore people can buy, enjoy and recoup their money on. The problem lies for me in the quality of some of the prints that are being sold on the back of a few great artists. It's not that these other prints are not being created by talented people in tyhe main, but the volume and cost of prints that are hitting the scene.
I think that the days of flipping for profit are over in the scene apart from the obvious artists which is a really good thing. You only have to look at the flood of prints at near to cost on Ebay to see this. This said there are still many prints from the larger artists on the scene that do hold their value and therefore people can buy, enjoy and recoup their money on. The problem lies for me in the quality of some of the prints that are being sold on the back of a few great artists. It's not that these other prints are not being created by talented people in tyhe main, but the volume and cost of prints that are hitting the scene.
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Faile Ecstasy Print - June 15th, by stopki on Jun 18, 2010 14:33:27 GMT 1, ;D I don't know how to explain that text stopki but basically, if you're charged VAT @ 17.5% on a piece like this Faile, you write to Customs & Excise describing the piece and that you believe VAT should have been charged at the reduced rate of 5%. They will eventually send you a cheque for the 12.5% difference.
cheers ross.
makes sense when you think about it.....
thanx again
;D I don't know how to explain that text stopki but basically, if you're charged VAT @ 17.5% on a piece like this Faile, you write to Customs & Excise describing the piece and that you believe VAT should have been charged at the reduced rate of 5%. They will eventually send you a cheque for the 12.5% difference. cheers ross. makes sense when you think about it..... thanx again |
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volvic
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Faile Ecstasy Print - June 15th, by volvic on Jun 18, 2010 14:33:39 GMT 1, I think people are hesitant to buy the most recent Faile prints is because the Star Spangled Banner and other more recent prints release by the Patrick's are being resold for cost and or below. There is no way to protect one's investment like you can with a Banksy.
and the sooner people realize that, the sooner they can get on and enjoy art and buy art they like.. if you want investment just buy all the banksy prints and imo have very very boring walls in your house but then again you will have peace of mind whilst eating your tea looking at all that cash on your walls 
I think people are hesitant to buy the most recent Faile prints is because the Star Spangled Banner and other more recent prints release by the Patrick's are being resold for cost and or below. There is no way to protect one's investment like you can with a Banksy. and the sooner people realize that, the sooner they can get on and enjoy art and buy art they like.. if you want investment just buy all the banksy prints and imo have very very boring walls in your house but then again you will have peace of mind whilst eating your tea looking at all that cash on your walls |
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Faile Ecstasy Print - June 15th, by chris125 on Jun 18, 2010 15:02:02 GMT 1, The artist Emo hit Desboucher Road, Mauritius 20th May 2010 , shortly after landed the second page of the National News Paper Le Matinal.
Attachments:
The artist Emo hit Desboucher Road, Mauritius 20th May 2010 , shortly after landed the second page of the National News Paper Le Matinal. Attachments:
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Faile Ecstasy Print - June 15th, by Deleted on Jun 19, 2010 13:14:58 GMT 1, Fact remains that had this specific print been released at, say $500, then it would have flown off the shelf and there would be a decent % of the release on the bay (or on here) with the usual bollocks sob story around selling it.
What I continue to find staggering is that people can actually be arsed to buy something and sell it for such a poxy return in terms of pound notes - it's not good practise to buy something for £100 and sell it for £120 odd. It's a waste of time yet it occurs regularly.....
Fact remains that had this specific print been released at, say $500, then it would have flown off the shelf and there would be a decent % of the release on the bay (or on here) with the usual bollocks sob story around selling it.
What I continue to find staggering is that people can actually be arsed to buy something and sell it for such a poxy return in terms of pound notes - it's not good practise to buy something for £100 and sell it for £120 odd. It's a waste of time yet it occurs regularly.....
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jones27
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Faile Ecstasy Print - June 15th, by jones27 on Jun 19, 2010 15:22:23 GMT 1, I hope this is the way forward for Faile. Larger editions but with the same quality as 07 releases. And at a decent price. Any moaners/haters (ie flippers) can wait for the next Banksy. Hang and enjoy.
I hope this is the way forward for Faile. Larger editions but with the same quality as 07 releases. And at a decent price. Any moaners/haters (ie flippers) can wait for the next Banksy. Hang and enjoy.
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Faile Ecstasy Print - June 15th, by walshy on Jun 19, 2010 15:37:14 GMT 1, The artist Emo hit Desboucher Road, Mauritius 20th May 2010 , shortly after landed the second page of the National News Paper Le Matinal. www.onlineartgallery.org.uk
Hi emo
The artist Emo hit Desboucher Road, Mauritius 20th May 2010 , shortly after landed the second page of the National News Paper Le Matinal. www.onlineartgallery.org.ukHi emo |
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Faile Ecstasy Print - June 15th, by Deleted on Jun 19, 2010 18:49:51 GMT 1, I hope this is the way forward for Faile. Larger editions but with the same quality as 07 releases. And at a decent price. Any moaners/haters (ie flippers) can wait for the next Banksy. Hang and enjoy.
I hope this is the way forward for every artist, Banksy inc.
Given the relationship between Banksy and POW then wonder why commercially they don't bang out 300 singed prints at £1750 (?) rather than £450 odd.... ? They're not always a charity and I don't buy the 'affordable' argument any more since any one person / fan / collector is so unlikely to get one at source now in any event.
I hope this is the way forward for Faile. Larger editions but with the same quality as 07 releases. And at a decent price. Any moaners/haters (ie flippers) can wait for the next Banksy. Hang and enjoy. I hope this is the way forward for every artist, Banksy inc. Given the relationship between Banksy and POW then wonder why commercially they don't bang out 300 singed prints at £1750 (?) rather than £450 odd.... ? They're not always a charity and I don't buy the 'affordable' argument any more since any one person / fan / collector is so unlikely to get one at source now in any event. |
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volvic
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Faile Ecstasy Print - June 15th, by volvic on Jun 19, 2010 18:59:40 GMT 1, i would like to see how long it would take for an edition of 300 bankys to sell out at £1750 - a very interesting social experiment to say the least.
i would like to see how long it would take for an edition of 300 bankys to sell out at £1750 - a very interesting social experiment to say the least.
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Faile Ecstasy Print - June 15th, by walshy on Jun 19, 2010 19:03:43 GMT 1, I see the whole rush/ hype of a banksy release a big part of the machine, im sure they would want it no other way
I see the whole rush/ hype of a banksy release a big part of the machine, im sure they would want it no other way
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Faile Ecstasy Print - June 15th, by Deleted on Jun 19, 2010 20:49:46 GMT 1, Dropping £300K in sales turnover per release won't pay the rent for eternity if you've got 'x' amount of sq ft on the cusp of the City, especially when the roster of alternative artists are possibly not contributing on a meaningful basis......
Dropping £300K in sales turnover per release won't pay the rent for eternity if you've got 'x' amount of sq ft on the cusp of the City, especially when the roster of alternative artists are possibly not contributing on a meaningful basis......
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bullet
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Faile Ecstasy Print - June 15th, by bullet on Jun 20, 2010 1:02:52 GMT 1, they would never do that, it makes art out of the reaches of the masses which is not their mission statement.
they would never do that, it makes art out of the reaches of the masses which is not their mission statement.
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Faile Ecstasy Print - June 15th, by Deleted on Jun 20, 2010 6:26:38 GMT 1, 'never' is a long time - if this is their true mission statement then why not have a smaller office in a more secondary location or charge £60 odd for PC which is a process which takes seconds to administer?
'never' is a long time - if this is their true mission statement then why not have a smaller office in a more secondary location or charge £60 odd for PC which is a process which takes seconds to administer?
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Faile Ecstasy Print - June 15th, by Happy Shopper on Jun 21, 2010 14:07:16 GMT 1, Would have loved this, but was away for the last week. Gutted!
Would have loved this, but was away for the last week. Gutted!
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pezlow
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Faile Ecstasy Print - June 15th, by pezlow on Jun 24, 2010 6:17:38 GMT 1, Looks amazing
Looks amazing
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jtk
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Faile Ecstasy Print - June 15th, by jtk on Jun 24, 2010 6:51:43 GMT 1, Really great looking print!
Really great looking print!
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Faile Ecstasy Print - June 15th, by Deleted on Jun 24, 2010 8:45:48 GMT 1, I'd agree, it looks absolutely first class and I had a good think (and was nice to have the time to) about buying this, great purchase. It'd be great to have a snapshot when framed and lovely.....
I'd agree, it looks absolutely first class and I had a good think (and was nice to have the time to) about buying this, great purchase. It'd be great to have a snapshot when framed and lovely.....
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Faile Ecstasy Print - June 15th, by adewilliams on Jun 24, 2010 9:19:13 GMT 1, beautiful. I just noticed the stab in there - touch
beautiful. I just noticed the stab in there - touch
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Karl Read
Artist
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Faile Ecstasy Print - June 15th, by Karl Read on Jun 24, 2010 10:15:59 GMT 1, Wow, very nice, regretting not picking this up now. Will be interesting to see how many hit the bay.
That would look really good in a nice white box frame.
Wow, very nice, regretting not picking this up now. Will be interesting to see how many hit the bay.
That would look really good in a nice white box frame.
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Faile Ecstasy Print - June 15th, by machination on Jun 24, 2010 15:35:47 GMT 1, I love this print, and I respect everything Faile does.
However, I keep thinking about how I could get one or two originals for this price and it stops me from purchasing.
Just a personal preference, of course.
I love this print, and I respect everything Faile does.
However, I keep thinking about how I could get one or two originals for this price and it stops me from purchasing.
Just a personal preference, of course.
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bullet
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Faile Ecstasy Print - June 15th, by bullet on Jun 24, 2010 15:37:03 GMT 1, yeah nice depth on the screens. very cool
yeah nice depth on the screens. very cool
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G-Man
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Faile Ecstasy Print - June 15th, by G-Man on Jun 24, 2010 17:16:25 GMT 1, WOW... this is a candidate for the print of the year 2010
WOW... this is a candidate for the print of the year 2010
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Faile Ecstasy Print - June 15th, by spaceshrew on Jun 24, 2010 18:03:14 GMT 1, Mine should arrive tomorrow, if i escape customs?
Mine should arrive tomorrow, if i escape customs?
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artstylee
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Faile Ecstasy Print - June 15th, by artstylee on Jun 24, 2010 18:08:47 GMT 1, WOW... this is a candidate for the print of the year 2010
12 Colors looks NICE 
Didn't open mine yet.
Going to take print straight to the framers.
But I think I have to float the print as I don't want to crop the image with a matting board.
You can tell Faile loved the image (As they said it was their favorite image from the series.) So they took time and care into the production of the print. Well Done FAILE!!!
WOW... this is a candidate for the print of the year 2010 12 Colors looks NICE Didn't open mine yet. Going to take print straight to the framers. But I think I have to float the print as I don't want to crop the image with a matting board. You can tell Faile loved the image (As they said it was their favorite image from the series.) So they took time and care into the production of the print. Well Done FAILE!!! |
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Faile Ecstasy Print - June 15th, by spaceshrew on Jun 24, 2010 18:15:22 GMT 1, I think Faile prints, work really well floated, for what it's worth.
I think Faile prints, work really well floated, for what it's worth.
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Rsyok
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Faile Ecstasy Print - June 15th, by Rsyok on Jun 24, 2010 20:53:23 GMT 1, Is it just the white handpainted howies or other colours etc ? Looks very impressive.
Is it just the white handpainted howies or other colours etc ? Looks very impressive.
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? They're not always a charity and I don't buy the 'affordable' argument any more since any one person / fan / collector is so unlikely to get one at source now in any event.
