I'd wait until the dust has settled and all of the prints have actually been sent out by POW.

It really wouldn't surprise me if POW find some more down the back of the sofa.

I agree that eventually these will probably attain the same sort of values as the other signed LA prints. Though, we could see a period at the start where they are somewhat cheaper. If you add the white edition - that's 450 signed, which is a lot.

Might be a bit cheaper than 3K to begin with, but dare say they will settle out at the same price as the other signed LA, the strange thing is there are less unsigned than signed Moron prints, but they will undoubtedly cost a good deal more, going back to the fact that the traditional price for the signed prints ( back when the runs were split 150signed / 500 unsigned) was for the exclusivity of a rarer print, now its cash for a squiggle. Look at the J&J and CND runs, 350 of both, but a 2-3K price difference, all down to that pencil mark. I have always been a big fan of reaper and find it hard to compare Morons to grin reaper, but as they are both signed, it could well be the way things are going.

It's an annoying situation. Someone has bought something they don't want because they know that you do.
I'm inclined not to perpetuate and add to the scalper appeal by pandering to this. So unless POW do find some down the back of the sofa, and I'm lucky enought to acquire one of those, It doesn't look like one of these will be going on my wall.

I would swap all my current unsigned Banksy prints Grannies, Applause, Flag and Morons for a signed Morons (not sepia)

How about one of the future prints?
Would you swap all those for a signed Trollies or other??

why don't you say yes to the seller, get thier address and name and give POW a call and tell them he's selling it immediatly.
They will swing into action and not send out his print, thus leaving one going spare for you to gobble up at 657.

Prices are usually insane immediately after a release... I think it's some sort of panic reaction or something. And yes, there are people who would be willing to pay these insane prices. When Barely Legal opened, all the prints were gone within 90 minutes. One fella in particular bought a Morons (unsigned), and listed it on the very same day on eBay. He actually got a buyer for US$3000 (that's £1520.15 according to today's rate)!!!

However, the prints were only distributed on the last day of the show, and since this $%&#ing bagger listed the picture of the original painting in his eBay listing (he hadn't gotten the print yet!), the highest buyer retracted his offer due to the print looking slightly different than the painting. I think the tout eventually sold to his second highest bidder, but still did well over US$2500 (£1266.79).

When we were in line waiting to get in on the opening day, he was talking about how impressed he was with Banksy's Palestinian stunt and how big a fan he was. Then when we were collecting our prints on the last day, he was boasting about how much money he sold his Morons for, and was going around offering other print buyers US$1000 for their prints so that he could turn it over for a quick profit. Gawd, I hated that guy!

450 signed & 500 unsigned, monkeypuzzle

Huh?

Edition of 500, all unsigned (#1-150 released in LA, #151-500 released by POW)
Edition of 150, all signed (released by POW)
Edition of 300, sepia, all signed (released by POW)

Grand total = 950 altogether, 450 which are signed & 500 which are unsigned

If you're counting only the POW release, then yes, there are more signed than unsigned. But if you count everything altogether, which would make more sense to consider, then there are (slightly) more unsigned than signed.

Monkeypuzzle

Okay, from your last message:


Yep. That makes 450 signed altogether.


Yep. That makes 150 unsigned from LA.



Yes, absolutely. This raises the total unsigned to 150 + 350 = 500.
So far, the count is 450 signed, 500 unsigned.


Why are you counting the UK release twice? The 350 that POW released is the same as #151-500 from the edition of 500 unsigned.

So altogether 450 signed, 500 unsigned!

What am I missing???

OK, fair enough the LA and UK runs of the morons prints are all the same, I must be talking rubbish and bow to your great knowledge. I have trouble counting and struggle to get to 11 without my trousers round my ankles.... Best to agree to disagree on this on AB, the rats and napalm were released at the same time and of the same image, stamps, paper type, , why aren't A/Ps counted as part of each run if that is your reasoning?

It did indeed sound rather condecending AB, we both have valid points in our favour and are both entitled to our opinions, the differentiation of the LA prints from the Uk prints will become more important in the next while, as we have already been told that the trollies print has been reworked and altered with more colour, how far can these changes go and still have the prints considered the same print run? I see what you are saying, as the numbers are sequencial then they must be part of the same run, the LA prints differ from the regular UK release but are counted as part of the release, the sepia image is the same as the regular UK release but coloured differently, and is not counted as part of the sequecial numberd prints of the regular run ( if that makes sense), do we lump everything into one pile or try to allow for differentiation from one print type to the next.
No offence ment.
Monkeypuzzle

Sad to say but its going to get worse, but for those lucky enough to own a full set of the LA prints, your sets are now rarer than the signed run, might be a good thing to look after them.
Didnt like all them respect points anyway.....

Only going with what was announced at the time CBL, are they UK or LA the 0-50 ones you have seen? not that it really matters.