anodyne13
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April 2008
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Banksy โข Choose Your Weapon Print, by anodyne13 on Mar 2, 2020 4:27:06 GMT 1, Everyone that recommends selling at an auction house has probably never sold at an auction house. Can be almost 40% between buyer and seller fees. So unless you think you can get 40% more at an auction house it is not necessarily a good recommendation.
Everyone that recommends selling at an auction house has probably never sold at an auction house. Can be almost 40% between buyer and seller fees. So unless you think you can get 40% more at an auction house it is not necessarily a good recommendation.
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tab1
Full Member
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September 2011
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Banksy โข Choose Your Weapon Print, by tab1 on Mar 2, 2020 5:33:34 GMT 1, Everyone that recommends selling at an auction house has probably never sold at an auction house. Can be almost 40% between buyer and seller fees. So unless you think you can get 40% more at an auction house it is not necessarily a good recommendation.
Others use auction sales to quote the same price for a private sales ๐
Plus tax , capital gains tax to declare at auction
www.gov.uk/capital-gains-tax
Everyone that recommends selling at an auction house has probably never sold at an auction house. Can be almost 40% between buyer and seller fees. So unless you think you can get 40% more at an auction house it is not necessarily a good recommendation. Others use auction sales to quote the same price for a private sales ๐ Plus tax , capital gains tax to declare at auction www.gov.uk/capital-gains-tax |
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LJCal
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Banksy โข Choose Your Weapon Print, by LJCal on Mar 2, 2020 11:53:44 GMT 1, Everyone that recommends selling at an auction house has probably never sold at an auction house. Can be almost 40% between buyer and seller fees. So unless you think you can get 40% more at an auction house it is not necessarily a good recommendation.
Iโve sold plenty at auction and attempted to sell various bits on here. I can assure you that for Banksy prints you will net more 80-90% of the time at auction as opposed to private sales. In an ideal world deals should be done in private as the buyer and seller save a lot of fees but that is not my experience.
Everyone that recommends selling at an auction house has probably never sold at an auction house. Can be almost 40% between buyer and seller fees. So unless you think you can get 40% more at an auction house it is not necessarily a good recommendation. Iโve sold plenty at auction and attempted to sell various bits on here. I can assure you that for Banksy prints you will net more 80-90% of the time at auction as opposed to private sales. In an ideal world deals should be done in private as the buyer and seller save a lot of fees but that is not my experience. |
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LJCal
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December 2019
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Banksy โข Choose Your Weapon Print, by LJCal on Mar 2, 2020 11:58:00 GMT 1, Everyone that recommends selling at an auction house has probably never sold at an auction house. Can be almost 40% between buyer and seller fees. So unless you think you can get 40% more at an auction house it is not necessarily a good recommendation. Others use auction sales to quote the same price for a private sales ๐ Plus tax , capital gains tax to declare at auction www.gov.uk/capital-gains-tax
Unless you are selling a lot of art CGT is not an issue, you get an annual allowance of ยฃ12k. If you exceed this then the method of sale is irrelevant when it comes to tax, privately or through auction you got to pay or be prepared to face the consequences which can be expensive if youโre doing this on a large scale.
Everyone that recommends selling at an auction house has probably never sold at an auction house. Can be almost 40% between buyer and seller fees. So unless you think you can get 40% more at an auction house it is not necessarily a good recommendation. Others use auction sales to quote the same price for a private sales ๐ Plus tax , capital gains tax to declare at auction www.gov.uk/capital-gains-taxUnless you are selling a lot of art CGT is not an issue, you get an annual allowance of ยฃ12k. If you exceed this then the method of sale is irrelevant when it comes to tax, privately or through auction you got to pay or be prepared to face the consequences which can be expensive if youโre doing this on a large scale. |
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Banksy โข Choose Your Weapon Print, by crashwilliams on Mar 2, 2020 12:57:54 GMT 1, Stunning, GLWTS.
Stunning, GLWTS.
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Dice
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Banksy โข Choose Your Weapon Print, by Dice on Mar 2, 2020 13:23:23 GMT 1, Was this one of the colour ways that was only available in the lottery to overseas buyers?
The London release colours seem to be traded a lot but colours such as this seem to very rarely come up why is that? Itโs Ed 25 like all the others
Was this one of the colour ways that was only available in the lottery to overseas buyers?
The London release colours seem to be traded a lot but colours such as this seem to very rarely come up why is that? Itโs Ed 25 like all the others
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Sundowner
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Banksy โข Choose Your Weapon Print, by Sundowner on Mar 2, 2020 13:37:19 GMT 1, Was this one of the colour ways that was only available in the lottery to overseas buyers? The London release colours seem to be traded a lot but colours such as this seem to very rarely come up why is that? Itโs Ed 25 like all the others
Correct Dice - this, red and green were the 25 edition lottery colours along with the 100 edition grey. Lovely colourway and rarely seen for sale - GLWTS!
Was this one of the colour ways that was only available in the lottery to overseas buyers? The London release colours seem to be traded a lot but colours such as this seem to very rarely come up why is that? Itโs Ed 25 like all the others Correct Dice - this, red and green were the 25 edition lottery colours along with the 100 edition grey. Lovely colourway and rarely seen for sale - GLWTS! |
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linter
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April 2012
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Banksy โข Choose Your Weapon Print, by linter on Mar 2, 2020 21:41:35 GMT 1,
Okay, all, this has been sold, pending receipt of deposit, etc etc.
I'd like to thank everyone for their thoughts and advice, both here and via PM. It's been pretty stressful, selling something like this, and ya'll have made it much easier for me. Bueno!
And now I must go deal with my increasingly bad case of seller's regret ....
Okay, all, this has been sold, pending receipt of deposit, etc etc.
I'd like to thank everyone for their thoughts and advice, both here and via PM. It's been pretty stressful, selling something like this, and ya'll have made it much easier for me. Bueno!
And now I must go deal with my increasingly bad case of seller's regret ....
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Banksy โข Choose Your Weapon Print, by Deleted on Mar 2, 2020 22:08:33 GMT 1, Okay, all, this has been sold, pending receipt of deposit, etc etc. I'd like to thank everyone for their thoughts and advice, both here and via PM. It's been pretty stressful, selling something like this, and ya'll have made it much easier for me. Bueno! And now I must go deal with my increasingly bad case of seller's regret ....
You should totally hunt down a U/S piece with a tiny part of your proceeds here!
Or at least get on the wait list for a Banksy door mat with Love Welcomes
Well done with the sale!
Okay, all, this has been sold, pending receipt of deposit, etc etc. I'd like to thank everyone for their thoughts and advice, both here and via PM. It's been pretty stressful, selling something like this, and ya'll have made it much easier for me. Bueno! And now I must go deal with my increasingly bad case of seller's regret .... You should totally hunt down a U/S piece with a tiny part of your proceeds here! Or at least get on the wait list for a Banksy door mat with Love Welcomes Well done with the sale! |
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linter
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April 2012
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Banksy โข Choose Your Weapon Print, by linter on Mar 2, 2020 22:17:43 GMT 1,
Thanks, Jonny!
And I would love to get an u/s b&w trolleys, which i like more than the CYW, but I'm afraid it would cost more than a tiny bit of my proceeds.
Thanks, Jonny!
And I would love to get an u/s b&w trolleys, which i like more than the CYW, but I'm afraid it would cost more than a tiny bit of my proceeds.
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sgolby
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November 2012
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Banksy โข Choose Your Weapon Print, by sgolby on Mar 2, 2020 22:17:43 GMT 1, Okay, all, this has been sold, pending receipt of deposit, etc etc. I'd like to thank everyone for their thoughts and advice, both here and via PM. It's been pretty stressful, selling something like this, and ya'll have made it much easier for me. Bueno! And now I must go deal with my increasingly bad case of seller's regret ....
I know the feeling. Had to sell my CYW 3 years ago, and it still hurts.
Okay, all, this has been sold, pending receipt of deposit, etc etc. I'd like to thank everyone for their thoughts and advice, both here and via PM. It's been pretty stressful, selling something like this, and ya'll have made it much easier for me. Bueno! And now I must go deal with my increasingly bad case of seller's regret .... I know the feeling. Had to sell my CYW 3 years ago, and it still hurts. |
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linter
New Member
๐จ๏ธ 170
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April 2012
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Banksy โข Choose Your Weapon Print, by linter on Mar 3, 2020 18:12:13 GMT 1, yes, and i'm still feeling it today. meanwhile, perhaps someone here can advise me on a few things.
the buyer is going to fly from the UK to pick up the piece in early april. i should get a deposit, right? if so, for about how much? and what's the best way for him to get the money to me, in such a way that he feels safe?
Then there's the matter of payment when he arrives to get the print. At that point, after he's inspected it, how should we handle the money transfer? i assume some kind of currency conversion has to take place, but I know little about such things. can anyone help?
yes, and i'm still feeling it today. meanwhile, perhaps someone here can advise me on a few things.
the buyer is going to fly from the UK to pick up the piece in early april. i should get a deposit, right? if so, for about how much? and what's the best way for him to get the money to me, in such a way that he feels safe?
Then there's the matter of payment when he arrives to get the print. At that point, after he's inspected it, how should we handle the money transfer? i assume some kind of currency conversion has to take place, but I know little about such things. can anyone help?
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teabaggins
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November 2018
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Banksy โข Choose Your Weapon Print, by teabaggins on Mar 3, 2020 18:26:09 GMT 1, yes, and i'm still feeling it today. meanwhile, perhaps someone here can advise me on a few things. the buyer is going to fly from the UK to pick up the piece in early april. i should get a deposit, right? if so, for about how much? and what's the best way for him to get the money to me, in such a way that he feels safe? Then there's the matter of payment when he arrives to get the print. At that point, after he's inspected it, how should we handle the money transfer? i assume some kind of currency conversion has to take place, but I know little about such things. can anyone help?
Personally Iโd ask for payment in full. Thatโs a long time to not sell it to someone else but maybe thatโs just me. Itโs just not sold until you have the money. Unless itโs you making the party wait until April. Bank transfer is the most common way for payment for pieces at this level.
yes, and i'm still feeling it today. meanwhile, perhaps someone here can advise me on a few things. the buyer is going to fly from the UK to pick up the piece in early april. i should get a deposit, right? if so, for about how much? and what's the best way for him to get the money to me, in such a way that he feels safe? Then there's the matter of payment when he arrives to get the print. At that point, after he's inspected it, how should we handle the money transfer? i assume some kind of currency conversion has to take place, but I know little about such things. can anyone help? Personally Iโd ask for payment in full. Thatโs a long time to not sell it to someone else but maybe thatโs just me. Itโs just not sold until you have the money. Unless itโs you making the party wait until April. Bank transfer is the most common way for payment for pieces at this level. |
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gross
New Member
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January 2020
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Banksy โข Choose Your Weapon Print, by gross on Mar 3, 2020 18:29:37 GMT 1, Make sure money is on your bank account before they fly there!
Make sure money is on your bank account before they fly there!
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Inknart
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Banksy โข Choose Your Weapon Print, by Inknart on Mar 3, 2020 18:30:13 GMT 1, yes, and i'm still feeling it today. meanwhile, perhaps someone here can advise me on a few things. the buyer is going to fly from the UK to pick up the piece in early april. i should get a deposit, right? if so, for about how much? and what's the best way for him to get the money to me, in such a way that he feels safe? Then there's the matter of payment when he arrives to get the print. At that point, after he's inspected it, how should we handle the money transfer? i assume some kind of currency conversion has to take place, but I know little about such things. can anyone help?
Deposit should be at discretion of yourself and buyer. I would say at least 1k to ensure the buyers validity.
The deposit, as it's a smaller amount, can be sent any way. Paypal Friends/Fam or Wire, but ensure you have documentation that it is non-refundable in turn of a cancellation.
Transferwise can do the transfer, but I don't believe it's instant, especially when you're talking high dollar values like that. I would say cash would do the trick and a trip to your local banking institution.
yes, and i'm still feeling it today. meanwhile, perhaps someone here can advise me on a few things. the buyer is going to fly from the UK to pick up the piece in early april. i should get a deposit, right? if so, for about how much? and what's the best way for him to get the money to me, in such a way that he feels safe? Then there's the matter of payment when he arrives to get the print. At that point, after he's inspected it, how should we handle the money transfer? i assume some kind of currency conversion has to take place, but I know little about such things. can anyone help? Definitely a non-refundable deposit with a written agreement. I've had so many sales go stale due to time wasters and empty promises. You don't want to be left starting over 2 months down the road. Deposit should be at discretion of yourself and buyer. I would say at least 1k to ensure the buyers validity. The deposit, as it's a smaller amount, can be sent any way. Paypal Friends/Fam or Wire, but ensure you have documentation that it is non-refundable in turn of a cancellation. Transferwise can do the transfer, but I don't believe it's instant, especially when you're talking high dollar values like that. I would say cash would do the trick and a trip to your local banking institution. |
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Graham H
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November 2012
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Banksy โข Choose Your Weapon Print, by Graham H on Mar 3, 2020 19:50:35 GMT 1, No one in their right mind is going to bank transfer $65k to someone who just pops up on the forum and sells them such a piece. If they do, they need their head seeing to.
Im not casting aspersions on the seller, but come on.. thats crazy
yes, and i'm still feeling it today. meanwhile, perhaps someone here can advise me on a few things. the buyer is going to fly from the UK to pick up the piece in early april. i should get a deposit, right? if so, for about how much? and what's the best way for him to get the money to me, in such a way that he feels safe? Then there's the matter of payment when he arrives to get the print. At that point, after he's inspected it, how should we handle the money transfer? i assume some kind of currency conversion has to take place, but I know little about such things. can anyone help? Personally Iโd ask for payment in full. Thatโs a long time to not sell it to someone else but maybe thatโs just me. Itโs just not sold until you have the money. Unless itโs you making the party wait until April. Bank transfer is the most common way for payment for pieces at this level.
No one in their right mind is going to bank transfer $65k to someone who just pops up on the forum and sells them such a piece. If they do, they need their head seeing to. Im not casting aspersions on the seller, but come on.. thats crazy yes, and i'm still feeling it today. meanwhile, perhaps someone here can advise me on a few things. the buyer is going to fly from the UK to pick up the piece in early april. i should get a deposit, right? if so, for about how much? and what's the best way for him to get the money to me, in such a way that he feels safe? Then there's the matter of payment when he arrives to get the print. At that point, after he's inspected it, how should we handle the money transfer? i assume some kind of currency conversion has to take place, but I know little about such things. can anyone help? Personally Iโd ask for payment in full. Thatโs a long time to not sell it to someone else but maybe thatโs just me. Itโs just not sold until you have the money. Unless itโs you making the party wait until April. Bank transfer is the most common way for payment for pieces at this level. |
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sgolby
Junior Member
๐จ๏ธ 1,890
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November 2012
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Banksy โข Choose Your Weapon Print, by sgolby on Mar 3, 2020 19:53:36 GMT 1, No one in their right mind is going to bank transfer $65k to someone who just pops up on the forum and sells them such a piece. If they do, they need their head seeing to. Im not casting aspersions on the seller, but come on.. thats crazy Personally Iโd ask for payment in full. Thatโs a long time to not sell it to someone else but maybe thatโs just me. Itโs just not sold until you have the money. Unless itโs you making the party wait until April. Bank transfer is the most common way for payment for pieces at this level.
No one in their right mind is going to bank transfer $65k to someone who just pops up on the forum and sells them such a piece. If they do, they need their head seeing to. Im not casting aspersions on the seller, but come on.. thats crazy Personally Iโd ask for payment in full. Thatโs a long time to not sell it to someone else but maybe thatโs just me. Itโs just not sold until you have the money. Unless itโs you making the party wait until April. Bank transfer is the most common way for payment for pieces at this level. Escrow, is the only way really, however regardless of the circumstances, the buyer should be contacting PC first to make sure the owner is the registered owner. Then they open an escrow account, transfer the funds, and once all is well release the funds. It is really simple actually. Reality is, neither the buyer NOR the seller should trust someone implicitly from any online forum. |
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teabaggins
New Member
๐จ๏ธ 930
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November 2018
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Banksy โข Choose Your Weapon Print, by teabaggins on Mar 3, 2020 19:59:26 GMT 1, No one in their right mind is going to bank transfer $65k to someone who just pops up on the forum and sells them such a piece. If they do, they need their head seeing to. Im not casting aspersions on the seller, but come on.. thats crazy Personally Iโd ask for payment in full. Thatโs a long time to not sell it to someone else but maybe thatโs just me. Itโs just not sold until you have the money. Unless itโs you making the party wait until April. Bank transfer is the most common way for payment for pieces at this level.
Its not really that crazy actually... plenty here have done it myself included. With a proper reference check there shouldnโt be a problem. If no references available than Iโd probably agree.
My statement was assuming the best and not the worst. That all due diligence has been done already.
No one in their right mind is going to bank transfer $65k to someone who just pops up on the forum and sells them such a piece. If they do, they need their head seeing to. Im not casting aspersions on the seller, but come on.. thats crazy Personally Iโd ask for payment in full. Thatโs a long time to not sell it to someone else but maybe thatโs just me. Itโs just not sold until you have the money. Unless itโs you making the party wait until April. Bank transfer is the most common way for payment for pieces at this level. Its not really that crazy actually... plenty here have done it myself included. With a proper reference check there shouldnโt be a problem. If no references available than Iโd probably agree. My statement was assuming the best and not the worst. That all due diligence has been done already. |
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zeuscarver
New Member
๐จ๏ธ 122
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December 2014
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Banksy โข Choose Your Weapon Print, by zeuscarver on Mar 3, 2020 20:04:00 GMT 1, Escrow is a great and solid way to do this. make it the buyer's cost (or split it if you're nice) and then you can both be very secure in your huge sum of money exchanged.
GLWTS
Escrow is a great and solid way to do this. make it the buyer's cost (or split it if you're nice) and then you can both be very secure in your huge sum of money exchanged.
GLWTS
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Sundowner
Junior Member
๐จ๏ธ 4,227
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September 2008
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Banksy โข Choose Your Weapon Print, by Sundowner on Mar 3, 2020 21:18:02 GMT 1, yes, and i'm still feeling it today. meanwhile, perhaps someone here can advise me on a few things. the buyer is going to fly from the UK to pick up the piece in early april. i should get a deposit, right? if so, for about how much? and what's the best way for him to get the money to me, in such a way that he feels safe? Then there's the matter of payment when he arrives to get the print. At that point, after he's inspected it, how should we handle the money transfer? i assume some kind of currency conversion has to take place, but I know little about such things. can anyone help? Definitely a non-refundable deposit with a written agreement. I've had so many sales go stale due to time wasters and empty promises. You don't want to be left starting over 2 months down the road.ย Deposit should be at discretion of yourself and buyer. I would say at least 1k to ensure the buyers validity.ย The deposit, as it's a smaller amount, can be sent any way. Paypal Friends/Fam or Wire, but ensure you have documentation that it is non-refundable in turn of a cancellation.ย Transferwise can do the transfer, but I don't believe it's instant, especially when you're talking high dollar values like that. I would say cash would do the trick and a trip to your local banking institution.ย
Transferwise should take 24 hours, so let the buyer inspect the print, then pay and meet next day once payment has cleared.
yes, and i'm still feeling it today. meanwhile, perhaps someone here can advise me on a few things. the buyer is going to fly from the UK to pick up the piece in early april. i should get a deposit, right? if so, for about how much? and what's the best way for him to get the money to me, in such a way that he feels safe? Then there's the matter of payment when he arrives to get the print. At that point, after he's inspected it, how should we handle the money transfer? i assume some kind of currency conversion has to take place, but I know little about such things. can anyone help? Definitely a non-refundable deposit with a written agreement. I've had so many sales go stale due to time wasters and empty promises. You don't want to be left starting over 2 months down the road.ย Deposit should be at discretion of yourself and buyer. I would say at least 1k to ensure the buyers validity.ย The deposit, as it's a smaller amount, can be sent any way. Paypal Friends/Fam or Wire, but ensure you have documentation that it is non-refundable in turn of a cancellation.ย Transferwise can do the transfer, but I don't believe it's instant, especially when you're talking high dollar values like that. I would say cash would do the trick and a trip to your local banking institution.ย Transferwise should take 24 hours, so let the buyer inspect the print, then pay and meet next day once payment has cleared. |
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Pipes
Junior Member
๐จ๏ธ 2,438
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January 2012
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Banksy โข Choose Your Weapon Print, by Pipes on Mar 3, 2020 21:36:04 GMT 1, Definitely a non-refundable deposit with a written agreement. I've had so many sales go stale due to time wasters and empty promises. You don't want to be left starting over 2 months down the road. Deposit should be at discretion of yourself and buyer. I would say at least 1k to ensure the buyers validity. The deposit, as it's a smaller amount, can be sent any way. Paypal Friends/Fam or Wire, but ensure you have documentation that it is non-refundable in turn of a cancellation. Transferwise can do the transfer, but I don't believe it's instant, especially when you're talking high dollar values like that. I would say cash would do the trick and a trip to your local banking institution. Transferwise should take 24 hours, so let the buyer inspect the print, then pay and meet next day once payment has cleared.
I recently used Transfer wise for international transfer and it took 3 days.
Definitely a non-refundable deposit with a written agreement. I've had so many sales go stale due to time wasters and empty promises. You don't want to be left starting over 2 months down the road. Deposit should be at discretion of yourself and buyer. I would say at least 1k to ensure the buyers validity. The deposit, as it's a smaller amount, can be sent any way. Paypal Friends/Fam or Wire, but ensure you have documentation that it is non-refundable in turn of a cancellation. Transferwise can do the transfer, but I don't believe it's instant, especially when you're talking high dollar values like that. I would say cash would do the trick and a trip to your local banking institution. Transferwise should take 24 hours, so let the buyer inspect the print, then pay and meet next day once payment has cleared. I recently used Transfer wise for international transfer and it took 3 days. |
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Sundowner
Junior Member
๐จ๏ธ 4,227
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September 2008
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Banksy โข Choose Your Weapon Print, by Sundowner on Mar 3, 2020 22:00:54 GMT 1, Was that ยฃ to $? I paid a gallery in New York and they received payment the following day...
Was that ยฃ to $? I paid a gallery in New York and they received payment the following day...
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Banksy โข Choose Your Weapon Print, by Deleted on Mar 3, 2020 22:27:48 GMT 1, Definitely a non-refundable deposit with a written agreement. I've had so many sales go stale due to time wasters and empty promises. You don't want to be left starting over 2 months down the road.ย Deposit should be at discretion of yourself and buyer. I would say at least 1k to ensure the buyers validity.ย The deposit, as it's a smaller amount, can be sent any way. Paypal Friends/Fam or Wire, but ensure you have documentation that it is non-refundable in turn of a cancellation.ย Transferwise can do the transfer, but I don't believe it's instant, especially when you're talking high dollar values like that. I would say cash would do the trick and a trip to your local banking institution.ย Transferwise should take 24 hours, so let the buyer inspect the print, then pay and meet next day once payment has cleared.
i've done the escrow account before, with buyer paying the fees and delivering cash, it was about 7.6k from pounds to dollars...almost the same situation, she flew over to FL from the UK
Definitely a non-refundable deposit with a written agreement. I've had so many sales go stale due to time wasters and empty promises. You don't want to be left starting over 2 months down the road.ย Deposit should be at discretion of yourself and buyer. I would say at least 1k to ensure the buyers validity.ย The deposit, as it's a smaller amount, can be sent any way. Paypal Friends/Fam or Wire, but ensure you have documentation that it is non-refundable in turn of a cancellation.ย Transferwise can do the transfer, but I don't believe it's instant, especially when you're talking high dollar values like that. I would say cash would do the trick and a trip to your local banking institution.ย Transferwise should take 24 hours, so let the buyer inspect the print, then pay and meet next day once payment has cleared. [b i've done the escrow account before, with buyer paying the fees and delivering cash, it was about 7.6k from pounds to dollars...almost the same situation, she flew over to FL from the UK |
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Pipes
Junior Member
๐จ๏ธ 2,438
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January 2012
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Banksy โข Choose Your Weapon Print, by Pipes on Mar 3, 2020 22:39:41 GMT 1, Was that ยฃ to $? I paid a gallery in New York and they received payment the following day... 
Was that ยฃ to $? I paid a gallery in New York and they received payment the following day... It was USD to AUS $ - not sure if that was the reason - Australia is quite a long way away so it probably takes longer |
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gross
New Member
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January 2020
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Banksy โข Choose Your Weapon Print, by gross on Mar 3, 2020 23:42:16 GMT 1, Definitely a non-refundable deposit with a written agreement. I've had so many sales go stale due to time wasters and empty promises. You don't want to be left starting over 2 months down the road.ย Deposit should be at discretion of yourself and buyer. I would say at least 1k to ensure the buyers validity.ย The deposit, as it's a smaller amount, can be sent any way. Paypal Friends/Fam or Wire, but ensure you have documentation that it is non-refundable in turn of a cancellation.ย Transferwise can do the transfer, but I don't believe it's instant, especially when you're talking high dollar values like that. I would say cash would do the trick and a trip to your local banking institution.ย Transferwise should take 24 hours, so let the buyer inspect the print, then pay and meet next day once payment has cleared.
Stay far away from TransferWise,
This is one of the worse company to work with, make sure you check google reviews before you give any money to this bunch of scammers....
Definitely a non-refundable deposit with a written agreement. I've had so many sales go stale due to time wasters and empty promises. You don't want to be left starting over 2 months down the road.ย Deposit should be at discretion of yourself and buyer. I would say at least 1k to ensure the buyers validity.ย The deposit, as it's a smaller amount, can be sent any way. Paypal Friends/Fam or Wire, but ensure you have documentation that it is non-refundable in turn of a cancellation.ย Transferwise can do the transfer, but I don't believe it's instant, especially when you're talking high dollar values like that. I would say cash would do the trick and a trip to your local banking institution.ย Transferwise should take 24 hours, so let the buyer inspect the print, then pay and meet next day once payment has cleared. Stay far away from TransferWise, This is one of the worse company to work with, make sure you check google reviews before you give any money to this bunch of scammers.... |
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Graham H
Junior Member
๐จ๏ธ 2,304
๐๐ป 2,417
November 2012
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Banksy โข Choose Your Weapon Print, by Graham H on Mar 3, 2020 23:47:06 GMT 1, I guess we will just have to agree to disagree.. saying that lots of people have already done it is not really a justification.. its fair to say we have all read tales on here of people who have done it ( not for this amount even ) and ended up in trouble...so it works both ways.
Im in not trying to take the higher ground, im just saying that there is no way that I would send that amount of money, by Bank Transfer, two months before I even get to see / collect a print to someone ive communicated with for 24 hours on an open online forum, in a totally different country.. I appreciate all amount of checks can be done to try to verify the print and the seller, but why take that risk when there are other, safer ways to do the transaction.
Just attempting to highlight the risk that is all
No one in their right mind is going to bank transfer $65k to someone who just pops up on the forum and sells them such a piece. If they do, they need their head seeing to. Im not casting aspersions on the seller, but come on.. thats crazy Its not really that crazy actually... plenty here have done it myself included. With a proper reference check there shouldnโt be a problem. If no references available than Iโd probably agree. My statement was assuming the best and not the worst. That all due diligence has been done already.
I guess we will just have to agree to disagree.. saying that lots of people have already done it is not really a justification.. its fair to say we have all read tales on here of people who have done it ( not for this amount even ) and ended up in trouble...so it works both ways. Im in not trying to take the higher ground, im just saying that there is no way that I would send that amount of money, by Bank Transfer, two months before I even get to see / collect a print to someone ive communicated with for 24 hours on an open online forum, in a totally different country.. I appreciate all amount of checks can be done to try to verify the print and the seller, but why take that risk when there are other, safer ways to do the transaction. Just attempting to highlight the risk that is all No one in their right mind is going to bank transfer $65k to someone who just pops up on the forum and sells them such a piece. If they do, they need their head seeing to. Im not casting aspersions on the seller, but come on.. thats crazy Its not really that crazy actually... plenty here have done it myself included. With a proper reference check there shouldnโt be a problem. If no references available than Iโd probably agree. My statement was assuming the best and not the worst. That all due diligence has been done already. |
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Inknart
Junior Member
๐จ๏ธ 3,490
๐๐ป 3,288
April 2015
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Banksy โข Choose Your Weapon Print, by Inknart on Mar 3, 2020 23:48:59 GMT 1, Transferwise should take 24 hours, so let the buyer inspect the print, then pay and meet next day once payment has cleared. Stay far away from TransferWise, This is one of the worse company to work with, make sure you check google reviews before you give any money to this bunch of scammers....
Transferwise should take 24 hours, so let the buyer inspect the print, then pay and meet next day once payment has cleared. Stay far away from TransferWise, This is one of the worse company to work with, make sure you check google reviews before you give any money to this bunch of scammers.... I did 3 transfers last year equaling around 35k with 0 issues. They were the cheapest and willing to negotiate as well. |
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Amber Halo
New Member
๐จ๏ธ 554
๐๐ป 625
April 2013
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Banksy โข Choose Your Weapon Print, by Amber Halo on Mar 3, 2020 23:49:08 GMT 1, Transferwise should take 24 hours, so let the buyer inspect the print, then pay and meet next day once payment has cleared. Stay far away from TransferWise, This is one of the worse company to work with, make sure you check google reviews before you give any money to this bunch of scammers....
Transferwise should take 24 hours, so let the buyer inspect the print, then pay and meet next day once payment has cleared. Stay far away from TransferWise, This is one of the worse company to work with, make sure you check google reviews before you give any money to this bunch of scammers.... I am not a fan of TW. They once sent two transfer requests when only one was to be made, done seconds apart, that was caused by some glitch on their end. Their response was basically to have me beg for the "second" payment back from the recipient, which they did (because the recipient was honest). |
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teabaggins
New Member
๐จ๏ธ 930
๐๐ป 1,559
November 2018
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Banksy โข Choose Your Weapon Print, by teabaggins on Mar 4, 2020 0:05:30 GMT 1, I guess we will just have to agree to disagree.. saying that lots of people have already done it is not really a justification.. its fair to say we have all read tales on here of people who have done it ( not for this amount even ) and ended up in trouble...so it works both ways. Im in not trying to take the higher ground, im just saying that there is no way that I would send that amount of money, by Bank Transfer, ย two months before I even get to see / collect a print to someone ive communicated with for 24 hours on an open online forum, in a totally different country.. I appreciate all amount of checks can be done to try to verify the print and the seller, but why take that risk when there are other, safer ways to do the transaction. Just attempting to highlight the risk that is all Its not really that crazy actually... plenty here have done it myself included. With a proper reference check there shouldnโt be a problem. If no references available than Iโd probably agree. My statement was assuming the best and not the worst. That all due diligence has been done already.
No fault in highlighting the risks at all.
I guess we will just have to agree to disagree.. saying that lots of people have already done it is not really a justification.. its fair to say we have all read tales on here of people who have done it ( not for this amount even ) and ended up in trouble...so it works both ways. Im in not trying to take the higher ground, im just saying that there is no way that I would send that amount of money, by Bank Transfer, ย two months before I even get to see / collect a print to someone ive communicated with for 24 hours on an open online forum, in a totally different country.. I appreciate all amount of checks can be done to try to verify the print and the seller, but why take that risk when there are other, safer ways to do the transaction. Just attempting to highlight the risk that is all Its not really that crazy actually... plenty here have done it myself included. With a proper reference check there shouldnโt be a problem. If no references available than Iโd probably agree. My statement was assuming the best and not the worst. That all due diligence has been done already. No fault in highlighting the risks at all. |
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blerd
Junior Member
๐จ๏ธ 1,350
๐๐ป 1,203
November 2016
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Banksy โข Choose Your Weapon Print, by blerd on Mar 4, 2020 8:46:33 GMT 1, Stay far away from TransferWise, This is one of the worse company to work with, make sure you check google reviews before you give any money to this bunch of scammers.... I am not a fan of TW. They once sent two transfer requests when only one was to be made, done seconds apart, that was caused by some glitch on their end. Their response was basically to have me beg for the "second" payment back from the recipient, which they did (because the recipient was honest).
Stay far away from TransferWise, This is one of the worse company to work with, make sure you check google reviews before you give any money to this bunch of scammers.... I am not a fan of TW. They once sent two transfer requests when only one was to be made, done seconds apart, that was caused by some glitch on their end. Their response was basically to have me beg for the "second" payment back from the recipient, which they did (because the recipient was honest). Wow. That's bad. I've used them for years without a hitch and am a big fan! international can take longer than 24 hours though. |
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