[astrobboy]

I'm out. I can't do it anymore.

I am lucky enough to own a Banksy print that I honestly love. I got it years ago when the prices were reasonable (compared to now).

Recently I thought, you know what, it would be cool to have another on the wall so I started the search. My initial finds were a bit of a shock but I persevered and continued on. I was offered one or two prints for a decent price and almost pulled the trigger but they weren't a print that I really loved and figured I was only buying it because of the value and I would have been getting a good deal.

I am (more than) lucky to have secured a piece of art that I love years ago and I am thankful every day that I look at it. I feel sorry for people coming to the party this late in the game.

My decision - buy a few pieces from other artists I like and go on another overseas holiday.
Life is for getting out there and experiencing things.
When the cost of an unsigned print is the same as a holiday and some other art, it's really hard to justify buying a piece of paper with a pretty picture on it that doesn't even have a scribbled pencil signature on it.

Mind you, if a print that I really like comes across my path for a good price, of course I will pick it up, but those chances are slim to none, and I am fine with that.

I am the first to admit, this is easier for me as I already own a piece.

And as a side note, what have I discovered in this recent search:
1) Everyone thinks they have a "mint" print, even when its been handled and framed
2) Private prices are the pretty much the same as Gallery prices these days
3) Judging by the want-ads, peolpe don't seem to care what banksy they have as long as it is a banksy

[iamzero]

Could it be that there has been an increase in rich kids and galleries on the scene that have the spare cash to snap up Banksy prints pricing everyone else out of the market?

[joecool91]

I agree tbh! Banksy was what got me into this scene but by the time I arrived to this party you couldn't get anything really for under a grand! Knew that I wanted a morons from the beginning but the prices have went mental on them! No way I could afford 2 G's for a bit of paper!

I've enjoying picking up art for a lot less like pieces by roamcouch, Hewlett, Ernest zacharevic and invader though!

[Hairbland]

He's the most visible artist in one of the hottest art scenes why would this be a surprise? The gallery prices of KAWS and Parla to name two have risen dramatically in the last 6 years as have many others, although not to Banksy levels.

You should check the bubble market on vintage Porsches, that has gone crazy in the last 2 years also!

Www.bringatrailer.com

[Feral Things]

The beauty of art though, and graffiti in particular, is that you don't have to spend a penny to enjoy it and you can just walk out in the streets to see a piece by Banksy.

[chads007]

Aug 14, 2014 5:05:42 GMT 1 astrobboy said:

Mind you, if a print that I really like comes across my path for a good price, of course I will pick it up

Would this be a minor relapse of the addiction  or just not fully 'out'

[Jeezuz Jones Snr]

It's a bubble for sure but unless he brings out more work I think the prices will keep going up as its supply and demand.Don't know what month it was but when things first started moving was the CYW prints increased dramatically,okay before that there was the nola 'love in' and prices went up and it's a sought after image. But for the CYW I think galleries/online galleries were thinking its his last print and there's only 25 of one colour and they all got hoovered up very quickly. Remember one week 5k pounds and comments on here were like 'your crazy paying that much'?, then 7k, then 9k now forward on a year and 7k pounds seems a bargain. So In the past months everything has increased from all the signed filtering its way down to the unsigned. It's like when property near a beach increases in a bubble( ie. signed prints) and it filters to the poorer outer suburbs (ie. unsigned prints.)

My wife wants to sell the only signed banksy I have, we paid 450 pounds so have made a nice profit and she's right if we sell we could renovate 2 bathrooms for free and increase the value of the property?

[overend]

Doesn't have to cost a fortune. You can still get record covers for reasonable amounts or the Blur Think Tank promo for around £20. Not bad for a Banksy original!

[Poster Bob]

Aug 14, 2014 11:48:09 GMT 1 overend said:

Doesn't have to cost a fortune. You can still get record covers for reasonable amounts or the Blur Think Tank promo for around £20. Not bad for a Banksy original!

By definition those are not originals. 

[Art Fan 2011]

So many more buyers on the scene these days, a lot with plenty of cash to spend too! For almost all buyers to own a "Banksy" is the holly grail, that wont change, more buyers will get addicted to this "habbit" and prices will rise yet further, but at some time a ceiling point will be reached, there is only a certain amount anyone is prepared to pay for what are large unsigned editions, but granted, his signed works and rare prints I think will only go one way (sadly for those who don`t yet own one!).

Apart from Silver Flags it seems you have to blow £2.5k on even the "cheapest" Banksy nowadays, which is crazy when you look at some of the amazing original work you can get for that and a lot less. "Brand Banksy" sure is a powerful one these days !!

[overend]

Aug 14, 2014 11:53:19 GMT 1 Poster Bob said:

Aug 14, 2014 11:48:09 GMT 1 overend said:

Doesn't have to cost a fortune. You can still get record covers for reasonable amounts or the Blur Think Tank promo for around £20. Not bad for a Banksy original!

By definition those are not originals. 

By your definition?

[Poster Bob]

Not my definition, the standard definition. If you say that a work is an original it is 1/1. Now with street art as someone has posted about today in another thread the word is bastardized to include canvas editions.

[overend]

Dictionary definition:

'created personally by a particular artist, writer, musician, etc.; not a copy'


Granted it may be pushing the boundaries but for £20 I still say it's good value.

[Deleted]

Aug 14, 2014 12:02:53 GMT 1 Poster Bob said:

Not my definition, the standard definition. If you say that a work is an original it is 1/1. Now with street art as someone has posted about today in another thread the word is bastardized to include canvas editions.

To me the bastardisation makes sense, the thing is each one is unique, no 2 will/can be exactly the same(drip of paint here/overrun there/different amounts of paint applied to each one) but theres 10 of them, they will have slight differences  therefore are original. How many times did monet etc paint the same scene...lots but they're considered original, if he numbered the lilley ponds ed50 that wouldn't make them not originals.

[Poster Bob]

Aug 14, 2014 12:11:47 GMT 1 overend said:

Dictionary definition:

'created personally by a particular artist, writer, musician, etc.; not a copy'


Granted it may be pushing the boundaries but for £20 I still say it's good value.

You may quote the dictionary all you like, but if you use the word original in that context to apply to art you will be constantly misunderstood as the usage is improper. 

[overend]

Aug 14, 2014 12:28:27 GMT 1 Poster Bob said:

Aug 14, 2014 12:11:47 GMT 1 overend said:

Dictionary definition:

'created personally by a particular artist, writer, musician, etc.; not a copy'


Granted it may be pushing the boundaries but for £20 I still say it's good value.

You may quote the dictionary all you like, but if you use the word original in that context to apply to art you will be constantly misunderstood as the usage is improper. 

I shall pen a stiff letter to the Oxford English Dictionary post haste. Apologies.

[Street Art Fan]

Aug 14, 2014 5:05:42 GMT 1 astrobboy said:

I'm out. I can't do it anymore.

I am lucky enough to own a Banksy print that I honestly love. I got it years ago when the prices were reasonable (compared to now).

Recently I thought, you know what, it would be cool to have another on the wall so I started the search. My initial finds were a bit of a shock but I persevered and continued on. I was offered one or two prints for a decent price and almost pulled the trigger but they weren't a print that I really loved and figured I was only buying it because of the value and I would have been getting a good deal.

I am (more than) lucky to have secured a piece of art that I love years ago and I am thankful every day that I look at it. I feel sorry for people coming to the party this late in the game.

My decision - buy a few pieces from other artists I like and go on another overseas holiday.
Life is for getting out there and experiencing things.
When the cost of an unsigned print is the same as a holiday and some other art, it's really hard to justify buying a piece of paper with a pretty picture on it that doesn't even have a scribbled pencil signature on it.

Mind you, if a print that I really like comes across my path for a good price, of course I will pick it up, but those chances are slim to none, and I am fine with that.

I am the first to admit, this is easier for me as I already own a piece.

And as a side note, what have I discovered in this recent search:
1) Everyone thinks they have a "mint" print, even when its been handled and framed
2) Private prices are the pretty much the same as Gallery prices these days
3) Judging by the want-ads, peolpe don't seem to care what banksy they have as long as it is a banksy

Reminds me of the time Truffaut asked: "Is the cinema more important than life?" Our hobbies, obsessions, addictions - whatever you want to call them - make life enjoyable and interesting. They give it meaning. But they are no substitute for life itself.

[Deleted]

Tp paraphrase the recently departed Robin Williams, "Buying Banksy is God’s way of telling you you’re making too much money."

[nacional]

But you can't snort a Gold Flags up your nose and talk twaddle for 5 hours and wake up at dawn feeling like a walking dead zombie ....to put dear old Mrs Doubtfire back in her context...nanoo...nanoo

[yoyosh]

"Mind you, if a print that I really like comes across my path for a good price, of course I will pick it up, but those chances are slim to none, and I am fine with that."

Doesn't sound like you're out at all mate.

[dreadnatty]

Aug 14, 2014 9:05:38 GMT 1 Hairbland said:

He's the most visible artist in one of the hottest art scenes why would this be a surprise? The gallery prices of KAWS and Parla to name two have risen dramatically in the last 6 years as have many others, although not to Banksy levels.

You should check the bubble market on vintage Porsches, that has gone crazy in the last 2 years also!

Www.bringatrailer.com

All thanks to the central banks of US,EU,Japan etc.....QE 4ever !!!! All one has to do is look at Real Estate prices in major cities - NYC,London,Paris,SF,Miami etc

[Deleted]

Aug 14, 2014 9:05:38 GMT 1 Hairbland said:

He's the most visible artist in one of the hottest art scenes why would this be a surprise? The gallery prices of KAWS and Parla to name two have risen dramatically in the last 6 years as have many others, although not to Banksy levels.

You should check the bubble market on vintage Porsches, that has gone crazy in the last 2 years also!

Www.bringatrailer.com

Tell me about it, I was going to buy a 356 in 2003 but my wife talked me into buying new....

[chads007]

Aug 14, 2014 13:53:22 GMT 1 yoyosh said:

"Mind you, if a print that I really like comes across my path for a good price, of course I will pick it up, but those chances are slim to none, and I am fine with that."

Doesn't sound like you're out at all mate.

indeed....denial, like a true addict

luckily limited funds (and an enjoyment of life in general outside this bubble) have stopped the slippery slope, unlike many here, thankfully...have a few bits and am happy with my lot

[Deleted]

Aug 14, 2014 9:05:38 GMT 1 Hairbland said:

He's the most visible artist in one of the hottest art scenes why would this be a surprise? The gallery prices of KAWS and Parla to name two have risen dramatically in the last 6 years as have many others, although not to Banksy levels.

You should check the bubble market on vintage Porsches, that has gone crazy in the last 2 years also!

Www.bringatrailer.com

That 911 has the wrong engine for an '80 SC - especially at $30K

Wish I had kept my 87 carerra now

[Deleted]

Aug 14, 2014 5:05:42 GMT 1 astrobboy said:

I'm out. I can't do it anymore.

I am lucky enough to own a Banksy print that I honestly love. I got it years ago when the prices were reasonable (compared to now).

Recently I thought, you know what, it would be cool to have another on the wall so I started the search. My initial finds were a bit of a shock but I persevered and continued on. I was offered one or two prints for a decent price and almost pulled the trigger but they weren't a print that I really loved and figured I was only buying it because of the value and I would have been getting a good deal.

I am (more than) lucky to have secured a piece of art that I love years ago and I am thankful every day that I look at it. I feel sorry for people coming to the party this late in the game.

My decision - buy a few pieces from other artists I like and go on another overseas holiday.
Life is for getting out there and experiencing things.
When the cost of an unsigned print is the same as a holiday and some other art, it's really hard to justify buying a piece of paper with a pretty picture on it that doesn't even have a scribbled pencil signature on it.

Mind you, if a print that I really like comes across my path for a good price, of course I will pick it up, but those chances are slim to none, and I am fine with that.

I am the first to admit, this is easier for me as I already own a piece.

And as a side note, what have I discovered in this recent search:
1) Everyone thinks they have a "mint" print, even when its been handled and framed
2) Private prices are the pretty much the same as Gallery prices these days
3) Judging by the want-ads, peolpe don't seem to care what banksy they have as long as it is a banksy

""I was offered one or two prints for a decent price and almost pulled the trigger but they weren't a print that I really loved""

Does that mean the novelty has worn off?

The art doesn't have the same effect it had originally or that you are dissapointed with whats been produced lately?

[Dr Plip]

Aug 14, 2014 18:23:10 GMT 1 @elviswarhol said:

Aug 14, 2014 5:05:42 GMT 1 astrobboy said:

I'm out. I can't do it anymore.

I am lucky enough to own a Banksy print that I honestly love. I got it years ago when the prices were reasonable (compared to now).

Recently I thought, you know what, it would be cool to have another on the wall so I started the search. My initial finds were a bit of a shock but I persevered and continued on. I was offered one or two prints for a decent price and almost pulled the trigger but they weren't a print that I really loved and figured I was only buying it because of the value and I would have been getting a good deal.

I am (more than) lucky to have secured a piece of art that I love years ago and I am thankful every day that I look at it. I feel sorry for people coming to the party this late in the game.

My decision - buy a few pieces from other artists I like and go on another overseas holiday.
Life is for getting out there and experiencing things.
When the cost of an unsigned print is the same as a holiday and some other art, it's really hard to justify buying a piece of paper with a pretty picture on it that doesn't even have a scribbled pencil signature on it.

Mind you, if a print that I really like comes across my path for a good price, of course I will pick it up, but those chances are slim to none, and I am fine with that.

I am the first to admit, this is easier for me as I already own a piece.

And as a side note, what have I discovered in this recent search:
1) Everyone thinks they have a "mint" print, even when its been handled and framed
2) Private prices are the pretty much the same as Gallery prices these days
3) Judging by the want-ads, peolpe don't seem to care what banksy they have as long as it is a banksy

""I was offered one or two prints for a decent price and almost pulled the trigger but they weren't a print that I really loved""

Does that mean the novelty has worn off?

The art doesn't have the same effect it had originally or that you are dissapointed with whats been produced lately?

I think "..but they weren't a print that I really loved" is pretty clear. No?

[.dappy]

... not to ploppi ...

[Deleted]

Aug 14, 2014 12:33:53 GMT 1 overend said:

Aug 14, 2014 12:28:27 GMT 1 Poster Bob said:

You may quote the dictionary all you like, but if you use the word original in that context to apply to art you will be constantly misunderstood as the usage is improper. 

I shall pen a stiff letter to the Oxford English Dictionary post haste. Apologies.

Yes I think you should, consider yourself thoroughly told off by Posternob...err bob !

[lha]

Aug 14, 2014 11:54:42 GMT 1 Art Fan 2011 said:

So many more buyers on the scene these days, a lot with plenty of cash to spend too! For almost all buyers to own a "Banksy" is the holly grail, that wont change, more buyers will get addicted to this "habbit" and prices will rise yet further, but at some time a ceiling point will be reached, there is only a certain amount anyone is prepared to pay for what are large unsigned editions, but granted, his signed works and rare prints I think will only go one way (sadly for those who don`t yet own one!).

Apart from Silver Flags it seems you have to blow £2.5k on even the "cheapest" Banksy nowadays, which is crazy when you look at some of the amazing original work you can get for that and a lot less. "Brand Banksy" sure is a powerful one these days !!

And Silver Flag is now at £1500 secondary market price so that one has shot up in the last 6 - 9 months

[Deleted]

Aug 14, 2014 12:17:34 GMT 1 @andy3636 said:

Aug 14, 2014 12:02:53 GMT 1 Poster Bob said:

Not my definition, the standard definition. If you say that a work is an original it is 1/1. Now with street art as someone has posted about today in another thread the word is bastardized to include canvas editions.

To me the bastardisation makes sense, the thing is each one is unique, no 2 will/can be exactly the same(drip of paint here/overrun there/different amounts of paint applied to each one) but theres 10 of them, they will have slight differences  therefore are original. How many times did monet etc paint the same scene...lots but they're considered original, if he numbered the lilley ponds ed50 that wouldn't make them not originals.

 Damien Hirst is alledged to have said the same thing about the endless spot paintings churned out by his workers. I wouldn't call them assistants considering he wasn't around when most were painted by hand.

 Now we have a lot of spot paintings that are bruned. Entered at auction and failed to sell.

 Monet didn't use stencils and his paintings are all unique and different even though he might have had a dozen easels set up with paintings he worked on as he found it more productive and also when he lost the eye or feel of one painting he would move onto another painting of a different scene.