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WHY PAY SO MUCH, by leehambly on Dec 10, 2007 16:55:27 GMT 1, if people stop buying prints for 3k then the price will go down, we only have ourself to blame for the high prices. If everyone boycott`s purchasing banksy on ebay until they drop beneath the current high prices and we`ll all be happy
Free market doesn't really work like that, especially something like eBay - ie: where most of them are sold.
The high prices are due to the supply and demand... if there were loads of unbid, uncompleted auctions with starting prices at ยฃ3k then you might be on the right lines, but given that there are many that start at ยฃ0.99p and go on to reach whatever they may reach, this is their value frankly, ie: whatever someone else (maybe not me or you) is willing to pay for it.
I don't think the sellers are controlling the prices, its the buyers... herding cats springs to mind.
if people stop buying prints for 3k then the price will go down, we only have ourself to blame for the high prices. If everyone boycott`s purchasing banksy on ebay until they drop beneath the current high prices and we`ll all be happy Free market doesn't really work like that, especially something like eBay - ie: where most of them are sold. The high prices are due to the supply and demand... if there were loads of unbid, uncompleted auctions with starting prices at ยฃ3k then you might be on the right lines, but given that there are many that start at ยฃ0.99p and go on to reach whatever they may reach, this is their value frankly, ie: whatever someone else (maybe not me or you) is willing to pay for it. I don't think the sellers are controlling the prices, its the buyers... herding cats springs to mind.
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WHY PAY SO MUCH, by daveanthony28 on Dec 11, 2007 11:17:57 GMT 1, Topic starter - ''Are you Fleapea in disguise'' !!?
Topic starter - ''Are you Fleapea in disguise'' !!?
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WHY PAY SO MUCH, by raniator on Dec 11, 2007 11:23:54 GMT 1, I certainly haven't paid ยฃ3k for a print. BUT... it's all relative isn't it? You pay what you can afford, unless your stupid.
I buy what might be considered by some to be expensive clothes (amongst other things). Do I do it because it makes me look cool, but also puts me in debt? No. I buy them because I like them, and I can afford them.
I certainly haven't paid ยฃ3k for a print. BUT... it's all relative isn't it? You pay what you can afford, unless your stupid.
I buy what might be considered by some to be expensive clothes (amongst other things). Do I do it because it makes me look cool, but also puts me in debt? No. I buy them because I like them, and I can afford them.
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pezlow
Junior Member
Posts โข 5,388
Likes โข 254
January 2007
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WHY PAY SO MUCH, by pezlow on Dec 11, 2007 11:28:33 GMT 1, Good post andrewd. To my mind part of the problem with this scene is that everyone is trying to get rich quick. There are numerous speculators rushing around trying to find the next big thing. Artists and the galleries that represent them are not building their career.
Banksy was not an overnight sensation - it took him a few years and a number of high profile stunts to seep in to the public consciousness. And by normal standards his rise to fame was pretty meteoric.
A new up and coming artist should not be looking to charge ยฃ3,000 for a canvas as Andrewd refers to. They should start small and build things up.
A real reminder for me the other day was going to a studio sale of someone who had just finished their post graduate degree in fine art at the Royal College of art. She was selling large canvasses where she had put a huge amount of work in to them for about the price of an unsigned banksy print. Smaller bits on paper were selling for ยฃ200...
This is someone who has put 5 years in to studying art and building a style etc etc. Yet some of the artists discussed on this board want three or four times that amount of money for their pieces. If people pay those prices because they like the work and want to put it up on their wall then fair enough. But if they are buying it for investment then they had better beware....
Good post andrewd. To my mind part of the problem with this scene is that everyone is trying to get rich quick. There are numerous speculators rushing around trying to find the next big thing. Artists and the galleries that represent them are not building their career.
Banksy was not an overnight sensation - it took him a few years and a number of high profile stunts to seep in to the public consciousness. And by normal standards his rise to fame was pretty meteoric.
A new up and coming artist should not be looking to charge ยฃ3,000 for a canvas as Andrewd refers to. They should start small and build things up.
A real reminder for me the other day was going to a studio sale of someone who had just finished their post graduate degree in fine art at the Royal College of art. She was selling large canvasses where she had put a huge amount of work in to them for about the price of an unsigned banksy print. Smaller bits on paper were selling for ยฃ200...
This is someone who has put 5 years in to studying art and building a style etc etc. Yet some of the artists discussed on this board want three or four times that amount of money for their pieces. If people pay those prices because they like the work and want to put it up on their wall then fair enough. But if they are buying it for investment then they had better beware....
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WHY PAY SO MUCH, by daveanthony28 on Dec 11, 2007 11:38:12 GMT 1, I can only see it being the same as one of my previous 'hobbies' record collecting - You will pay what you can afford at the time for what you like, also you may pay more at a certain time if something you have been searching for for a long time becomes available and you feel you simply must have it in your collection. I only actually have a few prints (out of the ยฃ50.00) thread but if I had the money then yes i certainly would be attempting to buy more & getting it framed in a certain style. It's just that some people get jealous of others that gets me down, I'd rather appreciate other peoples collections than wonder why do people pay this much. Bongo hit the nail on the head with one line.
I can only see it being the same as one of my previous 'hobbies' record collecting - You will pay what you can afford at the time for what you like, also you may pay more at a certain time if something you have been searching for for a long time becomes available and you feel you simply must have it in your collection. I only actually have a few prints (out of the ยฃ50.00) thread but if I had the money then yes i certainly would be attempting to buy more & getting it framed in a certain style. It's just that some people get jealous of others that gets me down, I'd rather appreciate other peoples collections than wonder why do people pay this much. Bongo hit the nail on the head with one line.
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WHY PAY SO MUCH, by giiiant on Dec 11, 2007 11:40:19 GMT 1, We're all celebrities
I happen to be Vin Diesel
We're all celebrities
I happen to be Vin Diesel
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WHY PAY SO MUCH, by raniator on Dec 11, 2007 11:45:12 GMT 1, PS. They aren't f**king posters, are they? Posters are mass produced, pieces of s**t that you buy in HMV in a roll so tight you could pick your nose with it. 1 of 1,000,000 distributed all over the world...
Screen prints (the clue is in the name) are nothing similar.
You, Mr Thread Starter, are a c**k.
PS. They aren't f**king posters, are they? Posters are mass produced, pieces of s**t that you buy in HMV in a roll so tight you could pick your nose with it. 1 of 1,000,000 distributed all over the world...
Screen prints (the clue is in the name) are nothing similar.
You, Mr Thread Starter, are a c**k.
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