Surely that kind of price is a one off? It is a great print, one i'd dearly love to go alongside my FF, but surely it is not up there price wise with some of his other lower edition works just yet?

lol

TOTALLY mad... how is it that a print that you could buy 3 months ago for 5-600, and two weeks ago for 1200-1500, now worth 2500-3k.

Because people are willing to pay so people will keep putting up the prices - naming no names MR H!!!!!!!! ;D

Thats the risk investors take, people know what they are getting into, theres no cloak and dagger about it! i owuldnt mind the bottom dropping out momentarily, i might get a JD again then!!

Did you not make an offer, Mr H?
I dont wanna burst ur bubble and please forgive me if im wrong, only Im sure I read on here or Micallef or Dface forum, that the seller of this piece was lookin for an offer of £1600. He said that if he had listed it as £1700, he wouldnt have got offers of wot he was lookin for hence £2500 BIN. Im gonna try and find the post.
This is not a 'Sour Grapes' thang, well not entirely....
Im jus sure you could have got it cheaper if you had tried. Now for me to get mine, Iv gotta pay a grand more than i did the day b4 yesterday.
Cheers mate!!
Enjoy this amazin Piece!!!!
Phil

I can understand your frustration and totally agree that Mr H paid over the odds for his JD. However, the fact that he has paid £2.5K really doesn't mean that this value is now set in stone. Undoubtedly, a few people will now list their prints with much higher reserves or buy-it-nows, but for prices to rise a number of people actually have to be willing to buy at that price. One sale doesn't determine the price of the market and, as I'm sure you know, the "value" of art can go down as well as up. I'd be surprised to see loads of buyers willing to pay that sort of money for a JD, at lease not until after the LA show.

good on you mr h, if i had the money i'd hae done it too.

Just because I can???

Sorry but you have no idea of my financial situation. How long have I been eating beans on toast? How many nights have I spent sitting in while friends were out? Did I scrimp and save to buy it? Did I pull out a wad of Cash? Did i put it on my credit card on the never never? You'll never know so please don't make assumptions

What is important is that I chose too pay that price - £1k over what you were prepared to pay by all accounts and there are people on this forum who could say the same about you for being prepapred to spend £1.5k on a print

So I'm sorry that you feel hard done by and that I have hiked up a price uneccesarily, but as has laready been mentioned, it takes more than one person to push the price up. So when those that are scrambling to put their JD's onto the bay don't make any sales, perhaps they'll stop being so greedy and you'll get the print at the price you're prepared to pay

but don't just have a go at me just becasue I did!!!

I kind of feel like JD is a weird situation though, as I never understood why it wasn't priced as high as the other Micallef's. I bought one on the secondary market right after SG and have loved it since the first time I saw it. The image and it's depth in the flesh are amazing. Not to mention it is HUGE. Definitely the most dominant piece in my place.

I also bought a Flag(which I love as well) right around that time and three weeks later, they were both selling for less than I had paid for them. It didn't change how I felt about the pieces and ultimately proved that the market does go up and down. Now the market is up and both prints are worth more than I had originally paid in January. Who knows if that will change again?

I have another thread where I offered to trade my Morons for a Beejoir SBFO and someone took away one of my respect points. Now personally, I don't get why, because to me making that trade is worth it. This marketplace will always be a subjective thing when it comes to the collectors, because so much of it is based on personal taste. Now the baggers on the other hand, they're the ones messing a lot of this up for us. They're in it for the quick cash and don't give a sh*t about us, the people who really care about art and love it.

It just comes down to the simple principle that we've all talked about on this board and others. Art will always and only be worth what someone else is willing to pay for it.

To Mr. H, paying what he did was worth it and he could afford it, so he did it. More power to him. But that really doesn't mean this one sale will set the going rate forever. If anything is going to do that, it's the Micallef LA show, I think prices after that are going to be scary...

I concur...

Quickly!... assemble the villagers
Distribute the PitchForks and Flaming torches....

Everyone here?

To mraitche's Castle!!!!!*





*Which he obviously lives in. ;D

i have one for 2250 if your quick

I think that the ebay market will rise even more as its gallerys that are now buying all the prints up as they can buy mostley what they want and can sit on it for as long as they like and charge what they want
the days of ebay being cheap are gone as prints are finding homes and staying there
once a gallery owns it they then can set a price thats why they never have the price on show it always contact us for price
as for a crash you will never see that who would sell a print that cost them 1500 for less than that
anything you buy you should buy because you like it if you dont have the money to spend on it you should not spend it

and yes it was me that sold the print for 2500

why are people moaning? if you dont want to pay 2.5k for the print then dont buy it, if you like the print and think its worth 2.5k then buy it. Supply and demand ( except for price fixing by galleries ) will dictate the market. How many times have old threads with banksys being sold for ?K been bought up since his exposure in la and price increases caused by that. if you wait you might get it cheaper or you may never be able to afford it again- its up to you, dont slag people off cause they wanted one and made the plung to buy it while you were umming and arrring about the price