Urban Art Association

Random Auction Results?, by Daniel Silk on Oct 24, 2008 13:03:50 GMT 1, Looking at the results of the auctions over the last few months it looks like as soon as somethings value goes over about £5,000 the skys the limit
Looking at the Banksy results from last night to me the prices look all over the place some pieces going double over others that I would think are worth more
Its as if they move up into a whole new buyers market were the value does not matter, and its just down to how many people in the room want it.

What do you think the reason is for that?

Looking at the results of the auctions over the last few months it looks like as soon as somethings value goes over about £5,000 the skys the limit
Looking at the Banksy results from last night to me the prices look all over the place some pieces going double over others that I would think are worth more
Its as if they move up into a whole new buyers market were the value does not matter, and its just down to how many people in the room want it.

What do you think the reason is for that?