[Harveyn]

Are these hammer prices?

[Harveyn]

Anybody on here own the Mark Jenkins Sitting Buddhahood sculpture that did not sell?

[york]

No, hammer price of the Banksy was 80k €

[Deleted]

£58k for and AP canvas, it look like price are going down

[Poster Bob]

Dec 9, 2015 13:26:31 GMT 1 @peter1980 said:

£58k for and AP canvas, it look like price are going down

Not necessarily; I will say though that gallery asking prices are exuberant and far above market value. I know of several PP canvases available in galleries for £90k+ and none of them are selling. It's an awful time of year to sell a work and it was sold in Paris. If you want top dollar for a Banksy sell it in London or NYC and sell it in season. 

[york]

A lot of the pieces sold low for my taste. Only the work of Ludo was a bit a surprise. Perhaps everbody had already spend too much for christmas pressents.

[yoyosh]

Wow that Clet Abraham well above estimate!

[Agent Provocateur]

Dec 9, 2015 13:41:51 GMT 1 Poster Bob said:

Dec 9, 2015 13:26:31 GMT 1 @peter1980 said:

£58k for and AP canvas, it look like price are going down

Not necessarily; I will say though that gallery asking prices are exuberant and far above market value. I know of several PP canvases available in galleries for £90k+ and none of them are selling. It's an awful time of year to sell a work and it was sold in Paris. If you want top dollar for a Banksy sell it in London or NYC and sell it in season. 

I can just get my head round an 'Artist's Proof' (AP) canvas if it's from a stencilled edition (and even varying colour variations to decide on the final edition)… but am I understand correctly there are Banksy 'Printer's Proof' (PP) canvases out there!? Hope I'm wrong and just misunderstood (which is usually the case), but how can there be any point/need/reason for a PP canvas?

[chads007]

Paranoid pictures?

[Poster Bob]

Just to clarify, I used PP as an abbreviation for Paranoid Pictures.

[Harveyn]

Dec 9, 2015 13:26:31 GMT 1 @peter1980 said:

£58k for and AP canvas, it look like price are going down

Maybe the seller was not exactly happy with £58k but someone was happy to pay £74k.

Edit:  They seem to be selling privately around the £70/75k mark and in galleries £80/85k.  I know of at least one sold through a gallery at £80k+ in recent months.  I have one so do keep an eye on prices.  I would say a reasonable price for the buyer at £74k and a poor price for the seller at £58k IMO.

[lee3]

Dec 9, 2015 17:03:17 GMT 1 Agent Provocateur said:

Dec 9, 2015 13:41:51 GMT 1 Poster Bob said:

Not necessarily; I will say though that gallery asking prices are exuberant and far above market value. I know of several PP canvases available in galleries for £90k+ and none of them are selling. It's an awful time of year to sell a work and it was sold in Paris. If you want top dollar for a Banksy sell it in London or NYC and sell it in season. 

I can just get my head round an 'Artist's Proof' (AP) canvas if it's from a stencilled edition (and even varying colour variations to decide on the final edition)… but am I understand correctly there are Banksy 'Printer's Proof' (PP) canvases out there!? Hope I'm wrong and just misunderstood (which is usually the case), but how can there be any point/need/reason for a PP canvas?

No, PP above referred to the title of the canvas (paranoid pics) as opposed to printers proof.  For my eyes, those were very strong results at a lower tier house in an off month sale.  I'm surprised anyone is criticizing those.  Pre correction ('08) I don't think PP (paranoid pics) ever did above $75k.  I'm sure in the middle of '09 at the bottom of the last correction those were trading for $25/30 at best.  110 anything is a heck of a lot of money for a 30cm edition 25 canvas, no?  In my mind there will always be a ceiling on the editioned runs compared to the rest of his work but that's still a high ceiling. 

[miloisonfire]

LUDO 24K ?!?!?
BTW, a lot of cool stuff unsold...

[Agent Provocateur]

Dec 9, 2015 17:30:41 GMT 1 chads007 said:

Paranoid pictures?

And the case can rest… I am an idiot!

Cheers chads007 , Poster Bob and lee3

[bob978]

Yep, surprised me too to see so many unsold!

Above estimations for:
- El Seed and Vhils (expected!)
- Clet Abraham and Mau Mau (not expected)
- Ludo (shocked!!)

BTW unsold or underestimate pieces by Seen and Retna...

Interesting results....