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Prices v Flippers or Flipping Prices?, by fallenangel on Sept 19, 2007 21:59:10 GMT 1, demand drives up prices. The flippers are a JOKE!I can't think for a fair way for it to be done though, i'm gonna keep attempting to buy my Banksy Prints and micallefs but to be honest, i'm being driven out of the market and so i'm looking to buy prints / originals by lesser known artists, pieces that I genuinely love.
demand drives up prices. The flippers are a JOKE!I can't think for a fair way for it to be done though, i'm gonna keep attempting to buy my Banksy Prints and micallefs but to be honest, i'm being driven out of the market and so i'm looking to buy prints / originals by lesser known artists, pieces that I genuinely love.
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Prices v Flippers or Flipping Prices?, by themightyreds on Sept 19, 2007 22:17:03 GMT 1, It's tough to call on if the high prices deter or encourage money-making by flipping the prints...
More they are the more they will make by flipping them.
It's simply people making money (lots of and very quickly) from something that is an object of desire to many others.
There's both nothing actually wrong with it, and yet everything wrong with it.
A sad reflection of the majority of our society being so money driven...
I wasn't there today, i feel bad for all the people that missed out and i certainly won't be queueing all day in the cold for just a chance of buying a print.
Nor will i be buying one from a flippin' flipper on ebay!
It's tough to call on if the high prices deter or encourage money-making by flipping the prints...
More they are the more they will make by flipping them.
It's simply people making money (lots of and very quickly) from something that is an object of desire to many others.
There's both nothing actually wrong with it, and yet everything wrong with it.
A sad reflection of the majority of our society being so money driven...
I wasn't there today, i feel bad for all the people that missed out and i certainly won't be queueing all day in the cold for just a chance of buying a print.
Nor will i be buying one from a flippin' flipper on ebay!
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CR
Artist
New Member
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October 2006
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Prices v Flippers or Flipping Prices?, by CR on Sept 19, 2007 22:17:35 GMT 1, Do you think the prices of the Laz Micallef prints have put off the flippers? or has it just put them even more out of reach of the average man on the street so now its only flippers that can afford them?  I think its right to say that your average flipper is gonna buy the whole set, and maybe even more than one set and the average true Micallef fan can only afford the one print. So the higher prices is just making sure the flippers get a higher percentage of the print runs and Laz & Artist make a bit more money, and the rest of us end up with nothing 
Actually, I still believe that we will see the prices fall right back on these! give it a few weeks and then start this thread again and see where the prices are at!
CR
Do you think the prices of the Laz Micallef prints have put off the flippers? or has it just put them even more out of reach of the average man on the street so now its only flippers that can afford them? I think its right to say that your average flipper is gonna buy the whole set, and maybe even more than one set and the average true Micallef fan can only afford the one print. So the higher prices is just making sure the flippers get a higher percentage of the print runs and Laz & Artist make a bit more money, and the rest of us end up with nothing Actually, I still believe that we will see the prices fall right back on these! give it a few weeks and then start this thread again and see where the prices are at! CR |
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Prices v Flippers or Flipping Prices?, by pkt75 on Sept 19, 2007 22:37:18 GMT 1, If your a pro flipper, then you will have the kinda cash Laz/Micallef were askin for today on the ready where as average 'joe bloggs' like myself generally dont. At least with the lower priced prints like 'God i want to be bad' we have a small chance on the secondry market where as with the Laz prints we have no chance. In full, higher priced prints are a deterent alright. The only winners are Laz, Micallef, the flippers and a few lucky fans with a healthy bank balance and a high credit rating. Especially tis close to payday, Why is it that the prints to have seem to be released days before payday?
If your a pro flipper, then you will have the kinda cash Laz/Micallef were askin for today on the ready where as average 'joe bloggs' like myself generally dont. At least with the lower priced prints like 'God i want to be bad' we have a small chance on the secondry market where as with the Laz prints we have no chance. In full, higher priced prints are a deterent alright. The only winners are Laz, Micallef, the flippers and a few lucky fans with a healthy bank balance and a high credit rating. Especially tis close to payday, Why is it that the prints to have seem to be released days before payday?
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dumpsuk
New Member
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July 2007
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Prices v Flippers or Flipping Prices?, by dumpsuk on Sept 19, 2007 22:52:59 GMT 1, Silky, this is exactly the scenario i predicted on another thread weeks ago, when someone else suggested increasing prices to deter flippers. Actually it has the opposite effect, and only increases their profit margin. If the prints were sold for £1 each there would be no flippers...
Silky, this is exactly the scenario i predicted on another thread weeks ago, when someone else suggested increasing prices to deter flippers. Actually it has the opposite effect, and only increases their profit margin. If the prints were sold for £1 each there would be no flippers...
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Prices v Flippers or Flipping Prices?, by Daniel Silk on Sept 20, 2007 11:19:08 GMT 1, Silky, this is exactly the scenario i predicted on another thread weeks ago, when someone else suggested increasing prices to deter flippers. Actually it has the opposite effect, and only increases their profit margin. If the prints were sold for £1 each there would be no flippers...
Respect+ ;D
Sorry if I stole ya thunder  
Silky, this is exactly the scenario i predicted on another thread weeks ago, when someone else suggested increasing prices to deter flippers. Actually it has the opposite effect, and only increases their profit margin. If the prints were sold for £1 each there would be no flippers... Respect+ ;D Sorry if I stole ya thunder |
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Wiseblood
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May 2007
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Prices v Flippers or Flipping Prices?, by Wiseblood on Sept 20, 2007 17:27:27 GMT 1, I got offered £1000 profit for mine when i was leaving laz with prints in hand by tomtom gallery (he didnt que) and £200 profit from a dude on the underground who also didnt que but wanted to buy everything bar the book. i said a very polite no to both
I got offered £1000 profit for mine when i was leaving laz with prints in hand by tomtom gallery (he didnt que) and £200 profit from a dude on the underground who also didnt que but wanted to buy everything bar the book. i said a very polite no to both
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dumpsuk
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July 2007
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Prices v Flippers or Flipping Prices?, by dumpsuk on Sept 20, 2007 17:37:25 GMT 1, No way wiseblood, tomtom, aren't they supposed to be a respectable outfit? They're now artrepublic right?
No way wiseblood, tomtom, aren't they supposed to be a respectable outfit? They're now artrepublic right?
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stuey09
New Member
🗨️ 49
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August 2008
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Prices v Flippers or Flipping Prices?, by stuey09 on Sept 20, 2007 17:42:55 GMT 1, I got offered £1000 profit for mine when i was leaving laz with prints in hand by tomtom gallery (he didnt que) and £200 profit from a dude on the underground who also didnt que but wanted to buy everything bar the book. i said a very polite no to both
;D Yeah, I bet you were polite. Good to meet you there Matty.
I got offered £1000 profit for mine when i was leaving laz with prints in hand by tomtom gallery (he didnt que) and £200 profit from a dude on the underground who also didnt que but wanted to buy everything bar the book. i said a very polite no to both ;D Yeah, I bet you were polite. Good to meet you there Matty. |
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dumpsuk
New Member
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July 2007
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Prices v Flippers or Flipping Prices?, by dumpsuk on Sept 20, 2007 17:49:55 GMT 1, On another more cynical note... the pow release of the Micallef print... the way i see it... if Micallef wanted fans to be able to have a piece of his work why produce a limited edition at all. The only reason for producing something in a limited edtion is to make them more desirable by limiting the supply (exactly the opposite of what they say their intetions are!). It seem to me that what they were trying to do was to flood the market to deter flippers as hopefully most fans would get one, however, why put a price tag of £300 on the print. It is a screen print after all and cheap to produce, in the 5 years or so production cost of screenprinting hasn't risen 10 x fold, when pow were selling banksy screenprints for £30. The only reason they're £300 quid is because they STILL want to make £300,000 (only slightly less than laz for his prints). So their logic for detering flippers has fallen flat there because their's still a profit margin in it for them at that price. Anthony if you really want fans to have and appreciate your work, (now you're $2 million richer) why don't you put out an unlimited run of prints at say £30 each??
On another more cynical note... the pow release of the Micallef print... the way i see it... if Micallef wanted fans to be able to have a piece of his work why produce a limited edition at all. The only reason for producing something in a limited edtion is to make them more desirable by limiting the supply (exactly the opposite of what they say their intetions are!). It seem to me that what they were trying to do was to flood the market to deter flippers as hopefully most fans would get one, however, why put a price tag of £300 on the print. It is a screen print after all and cheap to produce, in the 5 years or so production cost of screenprinting hasn't risen 10 x fold, when pow were selling banksy screenprints for £30. The only reason they're £300 quid is because they STILL want to make £300,000 (only slightly less than laz for his prints). So their logic for detering flippers has fallen flat there because their's still a profit margin in it for them at that price. Anthony if you really want fans to have and appreciate your work, (now you're $2 million richer) why don't you put out an unlimited run of prints at say £30 each??
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Deleted
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January 1970
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Prices v Flippers or Flipping Prices?, by Deleted on Sept 20, 2007 17:53:55 GMT 1, I agree with the previous commentors about prices falling. For example, there are some being sold on eBay in the US that will probably sell at cost (they're below cost at the moment) as demand isn't as high. I sound like a broken record, but I really think that if you're in the UK you should shop on the US version of eBay to get a deal. They're selling for less than UK prices. (I have the day off so am watching prices for fun)
I agree with the previous commentors about prices falling. For example, there are some being sold on eBay in the US that will probably sell at cost (they're below cost at the moment) as demand isn't as high. I sound like a broken record, but I really think that if you're in the UK you should shop on the US version of eBay to get a deal. They're selling for less than UK prices. (I have the day off so am watching prices for fun)
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Prices v Flippers or Flipping Prices?, by Daniel Silk on Sept 20, 2007 17:58:36 GMT 1, On another more cynical note... the pow release of the Micallef print... the way i see it... if Micallef wanted fans to be able to have a piece of his work why produce a limited edition at all. The only reason for producing something in a limited edtion is to make them more desirable by limiting the supply (exactly the opposite of what they say their intetions are!). It seem to me that what they were trying to do was to flood the market to deter flippers as hopefully most fans would get one, however, why put a price tag of £300 on the print. It is a screen print after all and cheap to produce, in the 5 years or so production cost of screenprinting hasn't risen 10 x fold, when pow were selling banksy screenprints for £30. The only reason they're £300 quid is because they STILL want to make £300,000 (only slightly less than laz for his prints). So their logic for detering flippers has fallen flat there because their's still a profit margin in it for them at that price. Anthony if you really want fans to have and appreciate your work, (now you're $2 million richer) why don't you put out an unlimited run of prints at say £30 each??
About the most sensible thing I have heard today ;D +Respect
On another more cynical note... the pow release of the Micallef print... the way i see it... if Micallef wanted fans to be able to have a piece of his work why produce a limited edition at all. The only reason for producing something in a limited edtion is to make them more desirable by limiting the supply (exactly the opposite of what they say their intetions are!). It seem to me that what they were trying to do was to flood the market to deter flippers as hopefully most fans would get one, however, why put a price tag of £300 on the print. It is a screen print after all and cheap to produce, in the 5 years or so production cost of screenprinting hasn't risen 10 x fold, when pow were selling banksy screenprints for £30. The only reason they're £300 quid is because they STILL want to make £300,000 (only slightly less than laz for his prints). So their logic for detering flippers has fallen flat there because their's still a profit margin in it for them at that price. Anthony if you really want fans to have and appreciate your work, (now you're $2 million richer) why don't you put out an unlimited run of prints at say £30 each?? About the most sensible thing I have heard today ;D +Respect |
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spirit
Junior Member
🗨️ 2,956
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August 2007
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Prices v Flippers or Flipping Prices?, by spirit on Sept 20, 2007 18:04:21 GMT 1, I think laz made a lot more than £300k no? 4 prints in runs of 400 @ 1k each makes £1.6 million...
a nice business to be in.
I think laz made a lot more than £300k no? 4 prints in runs of 400 @ 1k each makes £1.6 million...
a nice business to be in.
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spirit
Junior Member
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August 2007
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Prices v Flippers or Flipping Prices?, by spirit on Sept 20, 2007 18:04:58 GMT 1, but i agree with your point. :-)
but i agree with your point. :-)
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Prices v Flippers or Flipping Prices?, by siddhartha on Sept 20, 2007 18:05:46 GMT 1, well, in any case.. i plan on printing the image on 4x6 photo paper and framing my own God I Want to be Bad... =)
well, in any case.. i plan on printing the image on 4x6 photo paper and framing my own God I Want to be Bad... =)
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jizzinc
New Member
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September 2007
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Prices v Flippers or Flipping Prices?, by jizzinc on Sept 20, 2007 18:06:08 GMT 1, always better to be wealthier on the insides i always say.
always better to be wealthier on the insides i always say. |
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Deleted
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January 1970
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Prices v Flippers or Flipping Prices?, by Deleted on Sept 20, 2007 18:07:23 GMT 1, I would totally buy and enjoy an unlimited edition run of any piece he had in his show. Just like how I'm enjoying my 10GBP Banksy soupcans print!
I would totally buy and enjoy an unlimited edition run of any piece he had in his show. Just like how I'm enjoying my 10GBP Banksy soupcans print!
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airsine
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June 2007
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Prices v Flippers or Flipping Prices?, by airsine on Sept 20, 2007 18:07:53 GMT 1, Anthony if you really want fans to have and appreciate your work, (now you're $2 million richer) why don't you put out an unlimited run of prints at say £30 each??
One of the most stunning pieces I've ever seen is Richard Wilson's oil room, and I've got no intention of flooding my lounge with crude to 'appreciate' it - no matter how good the investment it might be in 10 years time 
Anthony if you really want fans to have and appreciate your work, (now you're $2 million richer) why don't you put out an unlimited run of prints at say £30 each?? One of the most stunning pieces I've ever seen is Richard Wilson's oil room, and I've got no intention of flooding my lounge with crude to 'appreciate' it - no matter how good the investment it might be in 10 years time |
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jizzinc
New Member
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September 2007
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Prices v Flippers or Flipping Prices?, by jizzinc on Sept 20, 2007 18:08:19 GMT 1, yep, better to be skinnier in the pockets and wealthier on the insides. Porsches dont make you a happy man.
yep, better to be skinnier in the pockets and wealthier on the insides. Porsches dont make you a happy man. |
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jizzinc
New Member
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Prices v Flippers or Flipping Prices?, by jizzinc on Sept 20, 2007 18:12:17 GMT 1, Anyone want to come and queue up to help me feed all the homeless people in London at 4.00am.
Na thought not. Money money money root of all evil.
Anyone want to come and queue up to help me feed all the homeless people in London at 4.00am. Na thought not. Money money money root of all evil. |
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jizzinc
New Member
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September 2007
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Prices v Flippers or Flipping Prices?, by jizzinc on Sept 20, 2007 18:14:15 GMT 1, remember all follow stevies mantra....££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££
remember all follow stevies mantra....££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££ |
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dumpsuk
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July 2007
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Prices v Flippers or Flipping Prices?, by dumpsuk on Sept 20, 2007 18:33:07 GMT 1, Blimey Silky, that's 2 x +points for me today from you... people will begin to talk. BTW That photoshop'd queue photo is hilarious.
Blimey Silky, that's 2 x +points for me today from you... people will begin to talk. BTW That photoshop'd queue photo is hilarious. |
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Wiseblood
Junior Member
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May 2007
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Prices v Flippers or Flipping Prices?, by Wiseblood on Sept 20, 2007 20:39:56 GMT 1, No way wiseblood, tomtom, aren't they supposed to be a respectable outfit? They're now artrepublic right?
He's a cheeky tw@t ill tell you that, he offered another lad twice what he offered me and for less prints before he asked me, if it fails i dont see how lowering your offer will work.
I thought they were artrepublic too but he said he owned tomtom
No way wiseblood, tomtom, aren't they supposed to be a respectable outfit? They're now artrepublic right? He's a cheeky tw@t ill tell you that, he offered another lad twice what he offered me and for less prints before he asked me, if it fails i dont see how lowering your offer will work. I thought they were artrepublic too but he said he owned tomtom |
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ABC
Artist
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August 2006
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Prices v Flippers or Flipping Prices?, by ABC on Sept 20, 2007 20:55:32 GMT 1, I think the flippers are going to lose this time, there are far too many on the bay and prices are dropping fast, flippers that use CC's will need to get shot fast.
I think the flippers are going to lose this time, there are far too many on the bay and prices are dropping fast, flippers that use CC's will need to get shot fast.
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