Gunny
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July 2012
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Banksy Grappling Hook, by Gunny on Jan 10, 2022 13:50:55 GMT 1, Incredible piece. If a signed โChrist with shopping bagsโ print fetches north of ยฃ170k then this has to be worth far more. Donโt undersell itโฆ Good luck and thanks for putting it to the forum first. Well, it is the Banksy forum
I know a lot of people on the forum as have been a member for years so I know a lot of the real Banksy collectors are here, so it will reach it's correct price.....
Incredible piece. If a signed โChrist with shopping bagsโ print fetches north of ยฃ170k then this has to be worth far more. Donโt undersell itโฆ Good luck and thanks for putting it to the forum first. Well, it is the Banksy forum I know a lot of people on the forum as have been a member for years so I know a lot of the real Banksy collectors are here, so it will reach it's correct price.....
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Gunny
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July 2012
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Banksy Grappling Hook, by Gunny on Jan 10, 2022 13:51:59 GMT 1, Ha, yeah! Someone told me about ยฃ500k they are asking?
Ha, yeah! Someone told me about ยฃ500k they are asking?
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irl1
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December 2017
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Banksy Grappling Hook, by irl1 on Jan 10, 2022 13:55:17 GMT 1, Ha, yeah! Someone told me about ยฃ500k they are asking? There you go ยฃ500k o.v.n.o
Ha, yeah! Someone told me about ยฃ500k they are asking? There you go ยฃ500k o.v.n.o
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Deleted
Posts โข 0
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January 1970
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Banksy Grappling Hook, by Deleted on Jan 10, 2022 13:55:18 GMT 1, Two auction results for these: Bonhams (2019): ยฃ83,306 Sothebys (2019): ยฃ93,750 Not sure how much the market has moved since then but I'd expect you'd be looking for offers in the region of ยฃ100k?
Lol!
These are ยฃ350k minimum. Ones have been sold privately on here. Iโm sure the owners will let you know what they got via PM
Two auction results for these: Bonhams (2019): ยฃ83,306 Sothebys (2019): ยฃ93,750 Not sure how much the market has moved since then but I'd expect you'd be looking for offers in the region of ยฃ100k? Lol! These are ยฃ350k minimum. Ones have been sold privately on here. Iโm sure the owners will let you know what they got via PM
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Pawel
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June 2015
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Banksy Grappling Hook, by Pawel on Jan 10, 2022 14:04:44 GMT 1, This is probably my favourite Banksy piece. Currently beyond my spending power and by currently I mean withing the next 30 years. Good luck with the sale.
This is probably my favourite Banksy piece. Currently beyond my spending power and by currently I mean withing the next 30 years. Good luck with the sale.
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Sundowner
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September 2008
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Banksy Grappling Hook, by Sundowner on Jan 10, 2022 14:13:00 GMT 1, Pretty sure Lougher Contemporary had one listed for ยฃ395k at the back end of last year if that helps - GLWTS Gunny.
Pretty sure Lougher Contemporary had one listed for ยฃ395k at the back end of last year if that helps - GLWTS Gunny.
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The Italian One
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Member is Online
March 2017
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Banksy Grappling Hook, by The Italian One on Jan 10, 2022 14:37:03 GMT 1, I remember nobody wanted this piece for 100k 2 years ago... but I always loved it
I remember nobody wanted this piece for 100k 2 years ago... but I always loved it
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Reader
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June 2016
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Banksy Grappling Hook, by Reader on Jan 10, 2022 14:41:41 GMT 1, Probably 300 - 500 estimate at auction
Probably 300 - 500 estimate at auction
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Sunny Garcia
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April 2017
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Banksy Grappling Hook, by Sunny Garcia on Jan 10, 2022 15:00:51 GMT 1, 1/2M โฆ wow ๐คฉ
1/2M โฆ wow ๐คฉ
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sandworm
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February 2021
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Banksy Grappling Hook, by sandworm on Jan 10, 2022 16:05:33 GMT 1, Apologies to the OP for the somewhat insulating ยฃ100k earlier comment, I had no idea of their current value other than the two which have sold at auction in 2019.
Good luck with the sale!
Apologies to the OP for the somewhat insulating ยฃ100k earlier comment, I had no idea of their current value other than the two which have sold at auction in 2019.
Good luck with the sale!
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Terry Fuckwitt
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October 2019
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Banksy Grappling Hook, by Terry Fuckwitt on Jan 10, 2022 16:30:45 GMT 1, Apologies to the OP for the somewhat insulating ยฃ100k earlier comment, I had no idea of their current value other than the two which have sold at auction in 2019. Good luck with the sale!
I don't think you need to apologise. Fact is, no one really knows, which is why the op is here asking. I remember when those auctions you mentioned were posted here and there were guesstimates into the hundreds of ยฃk's, but they were the prices achieved at that time. Banksy prices did fly after these auctions, but they have also dropped back a bit this last year.
I love this piece and it's a very small edition. I would suggest the only way to get an honest price is sending it to one of the big auctions.
Apologies to the OP for the somewhat insulating ยฃ100k earlier comment, I had no idea of their current value other than the two which have sold at auction in 2019. Good luck with the sale! I don't think you need to apologise. Fact is, no one really knows, which is why the op is here asking. I remember when those auctions you mentioned were posted here and there were guesstimates into the hundreds of ยฃk's, but they were the prices achieved at that time. Banksy prices did fly after these auctions, but they have also dropped back a bit this last year. I love this piece and it's a very small edition. I would suggest the only way to get an honest price is sending it to one of the big auctions.
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Gunny
Junior Member
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July 2012
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Banksy Grappling Hook, by Gunny on Jan 11, 2022 10:41:14 GMT 1, Just an update - Had a few offers and interesting offers of cash plus Banksy's. Not quite there yet, but getting closer to achieving what i want to achieve (based on advice given since posting and other sales). Thanks
Just an update - Had a few offers and interesting offers of cash plus Banksy's. Not quite there yet, but getting closer to achieving what i want to achieve (based on advice given since posting and other sales). Thanks
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Dibbs 45
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October 2012
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Banksy Grappling Hook, by Dibbs 45 on Jan 11, 2022 11:49:49 GMT 1, I think art item of this magnitude should be put in a major auction house. Although there are fees involved, it will still attract serious buyers of Banksy's work, who don't frequent forums.
It's a beautiful example of Banksy's work in a small edition. These two elements alone take this above just a limited edition print, and into a premium piece if art.
Good luck
I think art item of this magnitude should be put in a major auction house. Although there are fees involved, it will still attract serious buyers of Banksy's work, who don't frequent forums.
It's a beautiful example of Banksy's work in a small edition. These two elements alone take this above just a limited edition print, and into a premium piece if art.
Good luck
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Gunny
Junior Member
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July 2012
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Banksy Grappling Hook, by Gunny on Jan 11, 2022 12:08:15 GMT 1, I think art item of this magnitude should be put in a major auction house. Although there are fees involved, it will still attract serious buyers of Banksy's work, who don't frequent forums. It's a beautiful example of Banksy's work in a small edition. These two elements alone take this above just a limited edition print, and into a premium piece if art. Good luck I agree. Problem with the major auction houses is that they want to put lower reserves to attract buyers (Sothebys for example, as they always do) and there is no guarantee. As there is no real RECENT sales history, it's a hard one!
I think art item of this magnitude should be put in a major auction house. Although there are fees involved, it will still attract serious buyers of Banksy's work, who don't frequent forums. It's a beautiful example of Banksy's work in a small edition. These two elements alone take this above just a limited edition print, and into a premium piece if art. Good luck I agree. Problem with the major auction houses is that they want to put lower reserves to attract buyers (Sothebys for example, as they always do) and there is no guarantee. As there is no real RECENT sales history, it's a hard one!
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Gunny
Junior Member
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July 2012
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Banksy Grappling Hook, by Gunny on Jan 11, 2022 12:21:07 GMT 1, The one thing i like about this thread is the love shown for the Grappling Hook. It wasn't like that in the early days, however it seems people have come around to appreciating what a great piece of art it is.
The one thing i like about this thread is the love shown for the Grappling Hook. It wasn't like that in the early days, however it seems people have come around to appreciating what a great piece of art it is.
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Banksy Grappling Hook, by Coach on Jan 11, 2022 12:25:35 GMT 1, I think art item of this magnitude should be put in a major auction house. Although there are fees involved, it will still attract serious buyers of Banksy's work, who don't frequent forums. It's a beautiful example of Banksy's work in a small edition. These two elements alone take this above just a limited edition print, and into a premium piece if art. Good luck I agree. Problem with the major auction houses is that they want to put lower reserves to attract buyers (Sothebys for example, as they always do) and there is no guarantee. As there is no real RECENT sales history, it's a hard one!
That wouldnโt stop you setting a higher reserve would it? I donโt know how the top tier auction houses work, never having bought or sold there. But is there anything to stop you going with their estimate, but setting a higher reserve?
I think art item of this magnitude should be put in a major auction house. Although there are fees involved, it will still attract serious buyers of Banksy's work, who don't frequent forums. It's a beautiful example of Banksy's work in a small edition. These two elements alone take this above just a limited edition print, and into a premium piece if art. Good luck I agree. Problem with the major auction houses is that they want to put lower reserves to attract buyers (Sothebys for example, as they always do) and there is no guarantee. As there is no real RECENT sales history, it's a hard one! That wouldnโt stop you setting a higher reserve would it? I donโt know how the top tier auction houses work, never having bought or sold there. But is there anything to stop you going with their estimate, but setting a higher reserve?
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iamzero
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May 2011
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Banksy Grappling Hook, by iamzero on Jan 11, 2022 12:29:24 GMT 1, Never understood the slating of this piece of work early onโฆ most likely to have been done by potential buyers talking down the price to get a bargain. One of the most poignant pieces heโs ever made I reckon.
Never understood the slating of this piece of work early onโฆ most likely to have been done by potential buyers talking down the price to get a bargain. One of the most poignant pieces heโs ever made I reckon.
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irl1
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December 2017
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Banksy Grappling Hook, by irl1 on Jan 11, 2022 12:33:51 GMT 1, The one thing i like about this thread is the love shown for the Grappling Hook. It wasn't like that in the early days, however it seems people have come around to appreciating what a great piece of art it is. If you do go to auction make sure you get zero sellers fees or walk
Any top auction house would love to have this.
Try a few for estimates and zero fees. Best of luck with it
The one thing i like about this thread is the love shown for the Grappling Hook. It wasn't like that in the early days, however it seems people have come around to appreciating what a great piece of art it is. If you do go to auction make sure you get zero sellers fees or walk Any top auction house would love to have this. Try a few for estimates and zero fees. Best of luck with it
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irl1
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December 2017
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Banksy Grappling Hook, by irl1 on Jan 11, 2022 12:36:02 GMT 1, Never understood the slating of this piece of work early onโฆ most likely to have been done by potential buyers talking down the price to get a bargain. One of the most poignant pieces heโs ever made I reckon. Worth waiting for your 9,000th post
Never understood the slating of this piece of work early onโฆ most likely to have been done by potential buyers talking down the price to get a bargain. One of the most poignant pieces heโs ever made I reckon. Worth waiting for your 9,000th post
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irl1
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December 2017
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Banksy Grappling Hook, by irl1 on Jan 11, 2022 12:42:57 GMT 1, I agree. Problem with the major auction houses is that they want to put lower reserves to attract buyers (Sothebys for example, as they always do) and there is no guarantee. As there is no real RECENT sales history, it's a hard one! That wouldnโt stop you setting a higher reserve would it? I donโt know how the top tier auction houses work, never having bought or sold there. But is there anything to stop you going with their estimate, but setting a higher reserve? They like low estimates for sell through ratings.
Sometimes they might adjust it by a small bit but won't ever put it near market value.
They will find it hard to price this piece
I agree. Problem with the major auction houses is that they want to put lower reserves to attract buyers (Sothebys for example, as they always do) and there is no guarantee. As there is no real RECENT sales history, it's a hard one! That wouldnโt stop you setting a higher reserve would it? I donโt know how the top tier auction houses work, never having bought or sold there. But is there anything to stop you going with their estimate, but setting a higher reserve? They like low estimates for sell through ratings. Sometimes they might adjust it by a small bit but won't ever put it near market value. They will find it hard to price this piece
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Gunny
Junior Member
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July 2012
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Banksy Grappling Hook, by Gunny on Jan 11, 2022 12:54:32 GMT 1, You cannot set a reserve higher than the low estimate. Sothebys always go with very low estimates, but generally they come good! However, they come good becuase there is generally a lot of previous sales history for prospecive buyers to go by. In the case of the Gappling hook, there isn't, hence a big risk for a consignor! The fact there is no previous sales (apart from two in the early days) just goes to show how hard to come by this piece is, so in fact it could do very well! Just wouldn't want to risk it.
You cannot set a reserve higher than the low estimate. Sothebys always go with very low estimates, but generally they come good! However, they come good becuase there is generally a lot of previous sales history for prospecive buyers to go by. In the case of the Gappling hook, there isn't, hence a big risk for a consignor! The fact there is no previous sales (apart from two in the early days) just goes to show how hard to come by this piece is, so in fact it could do very well! Just wouldn't want to risk it.
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Gunny
Junior Member
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July 2012
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Banksy Grappling Hook, by Gunny on Jan 11, 2022 12:55:36 GMT 1, Getting offers all the time now and I just want to say that the offers are now close to ยฃ300K.
Getting offers all the time now and I just want to say that the offers are now close to ยฃ300K.
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Banksy Grappling Hook, by Coach on Jan 11, 2022 13:12:10 GMT 1, Never understood the slating of this piece of work early onโฆ most likely to have been done by potential buyers talking down the price to get a bargain. One of the most poignant pieces heโs ever made I reckon. Worth waiting for your 9,000th postย
9,000? Just a bigginer
Never understood the slating of this piece of work early onโฆ most likely to have been done by potential buyers talking down the price to get a bargain. One of the most poignant pieces heโs ever made I reckon. Worth waiting for your 9,000th postย 9,000? Just a bigginer
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Banksy Grappling Hook, by Coach on Jan 11, 2022 13:14:22 GMT 1, You cannot set a reserve higher than the low estimate. Sothebys always go with very low estimates, but generally they come good! However, they come good becuase there is generally a lot of previous sales history for prospecive buyers to go by. In the case of the Gappling hook, there isn't, hence a big risk for a consignor! The fact there is no previous sales (apart from two in the early days) just goes to show how hard to come by this piece is, so in fact it could do very well! Just wouldn't want to risk it.
Ok, understood. Is it not worth asking what their estimate would be first?
You cannot set a reserve higher than the low estimate. Sothebys always go with very low estimates, but generally they come good! However, they come good becuase there is generally a lot of previous sales history for prospecive buyers to go by. In the case of the Gappling hook, there isn't, hence a big risk for a consignor! The fact there is no previous sales (apart from two in the early days) just goes to show how hard to come by this piece is, so in fact it could do very well! Just wouldn't want to risk it. Ok, understood. Is it not worth asking what their estimate would be first?
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iamzero
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May 2011
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Banksy Grappling Hook, by iamzero on Jan 11, 2022 13:21:10 GMT 1, Worth waiting for your 9,000th postย 9,000? Just a bigginer
Yeah Iโm new hereโฆ
Worth waiting for your 9,000th postย 9,000? Just a bigginer Yeah Iโm new hereโฆ
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Gunny
Junior Member
Posts โข 1,576
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July 2012
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Banksy Grappling Hook, by Gunny on Jan 11, 2022 13:29:56 GMT 1, You cannot set a reserve higher than the low estimate. Sothebys always go with very low estimates, but generally they come good! However, they come good becuase there is generally a lot of previous sales history for prospecive buyers to go by. In the case of the Gappling hook, there isn't, hence a big risk for a consignor! The fact there is no previous sales (apart from two in the early days) just goes to show how hard to come by this piece is, so in fact it could do very well! Just wouldn't want to risk it. Ok, understood. Is it not worth asking what their estimate would be first? Of course i have already done it last year............... Christies were the best and not bad to be honest, but not enough.
You cannot set a reserve higher than the low estimate. Sothebys always go with very low estimates, but generally they come good! However, they come good becuase there is generally a lot of previous sales history for prospecive buyers to go by. In the case of the Gappling hook, there isn't, hence a big risk for a consignor! The fact there is no previous sales (apart from two in the early days) just goes to show how hard to come by this piece is, so in fact it could do very well! Just wouldn't want to risk it. Ok, understood. Is it not worth asking what their estimate would be first? Of course i have already done it last year............... Christies were the best and not bad to be honest, but not enough.
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Gunny
Junior Member
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July 2012
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Banksy Grappling Hook, by Gunny on Jan 11, 2022 13:33:24 GMT 1, Ok, understood. Is it not worth asking what their estimate would be first? Of course i have already done it last year............... Christies were the best and not bad to be honest, but not enough. And actually, if it went in it would have been their Banksy only auction in March 2021 and all the prices achieved were not good. It was because there had been Banksy after Banksy auction since the prices quadrupled. Anyway, SO glad i didn't do it then. Sometimes it is all about timing with these things....
Ok, understood. Is it not worth asking what their estimate would be first? Of course i have already done it last year............... Christies were the best and not bad to be honest, but not enough. And actually, if it went in it would have been their Banksy only auction in March 2021 and all the prices achieved were not good. It was because there had been Banksy after Banksy auction since the prices quadrupled. Anyway, SO glad i didn't do it then. Sometimes it is all about timing with these things....
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Dexter Bulldog
Junior Member
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July 2013
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Banksy Grappling Hook, by Dexter Bulldog on Jan 11, 2022 13:49:49 GMT 1, Of course i have already done it last year............... Christies were the best and not bad to be honest, but not enough. And actually, if it went in it would have been their Banksy only auction in March 2021 and all the prices achieved were not good. It was because there had been Banksy after Banksy auction since the prices quadrupled. Anyway, SO glad i didn't do it then. Sometimes it is all about timing with these things.... wasn't march/april 2021 the highs in all banksy ?
Of course i have already done it last year............... Christies were the best and not bad to be honest, but not enough. And actually, if it went in it would have been their Banksy only auction in March 2021 and all the prices achieved were not good. It was because there had been Banksy after Banksy auction since the prices quadrupled. Anyway, SO glad i didn't do it then. Sometimes it is all about timing with these things.... wasn't march/april 2021 the highs in all banksy ?
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Gunny
Junior Member
Posts โข 1,576
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July 2012
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Banksy Grappling Hook, by Gunny on Jan 11, 2022 13:52:07 GMT 1, And actually, if it went in it would have been their Banksy only auction in March 2021 and all the prices achieved were not good. It was because there had been Banksy after Banksy auction since the prices quadrupled. Anyway, SO glad i didn't do it then. Sometimes it is all about timing with these things.... wasn't march/april 2021 the highs in all banksy ? No, the year before really, it started dying off spring 2021
And actually, if it went in it would have been their Banksy only auction in March 2021 and all the prices achieved were not good. It was because there had been Banksy after Banksy auction since the prices quadrupled. Anyway, SO glad i didn't do it then. Sometimes it is all about timing with these things.... wasn't march/april 2021 the highs in all banksy ? No, the year before really, it started dying off spring 2021
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Pootle
New Member
Posts โข 130
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September 2007
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Banksy Grappling Hook, by Pootle on Jan 11, 2022 14:11:11 GMT 1, Another route you can consider is private sales via the auction houses which de-risks the low estimates and the fees are often more favourable.
Another route you can consider is private sales via the auction houses which de-risks the low estimates and the fees are often more favourable.
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