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Need Advice on a small investment, by Charlie Bronson on Feb 2, 2020 14:00:39 GMT 1, This approach doesn’t work; not at that price point. Buy what you like, and let the cards fall as they may. At the very least you’ll have something that makes you smile each time you look at it hung on your wall. At that price point it’s all speculation; the hope that an artist will blow up. The ones you listed aren’t likely to do so.
This approach doesn’t work; not at that price point. Buy what you like, and let the cards fall as they may. At the very least you’ll have something that makes you smile each time you look at it hung on your wall. At that price point it’s all speculation; the hope that an artist will blow up. The ones you listed aren’t likely to do so.
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lv90210
Junior Member
Posts • 2,030
Likes • 1,926
January 2018
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Need Advice on a small investment, by lv90210 on Feb 2, 2020 14:07:18 GMT 1, My girlfriend and I have a small sum of +1600 euros to invest in a piece of art. We would like to buy an original work of art or a large print. We are interested in artists like Paul Insect, Mark Drew, Bast, Date Farmers, Parra, Cleon Peterson, Taku Obata or Faile! thank you very much in advance,
Save up and buy Banksy.
My girlfriend and I have a small sum of +1600 euros to invest in a piece of art. We would like to buy an original work of art or a large print. We are interested in artists like Paul Insect, Mark Drew, Bast, Date Farmers, Parra, Cleon Peterson, Taku Obata or Faile! thank you very much in advance, Save up and buy Banksy.
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irl1
Full Member
Posts • 9,274
Likes • 9,380
December 2017
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Need Advice on a small investment, by irl1 on Feb 2, 2020 14:56:43 GMT 1, As its a small amount
Buy as many Banksy Peckham Rock Postcards as you can for around £50/60 and stick them away for a few years.
They are already making over 300 at auction. Best of luck
As its a small amount
Buy as many Banksy Peckham Rock Postcards as you can for around £50/60 and stick them away for a few years.
They are already making over 300 at auction. Best of luck
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Deleted
Posts • 0
Likes •
January 1970
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Need Advice on a small investment, by Deleted on Feb 2, 2020 15:38:05 GMT 1, The album art has gone up as well. If Banksy releases a. Varnished turd you should buy it. Go for the glitter version if you can afford the extra
The album art has gone up as well. If Banksy releases a. Varnished turd you should buy it. Go for the glitter version if you can afford the extra
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e3massive
New Member
Posts • 257
Likes • 120
July 2013
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Need Advice on a small investment, by e3massive on Feb 3, 2020 14:21:54 GMT 1, As other have already mentioned, buy what you like, frame it and put it on the wall. You can get something good for less than £1k and you will enjoy it. Investment ideas others have suggested, but if you don't like it and it goes down you will more than annoyed!
As other have already mentioned, buy what you like, frame it and put it on the wall. You can get something good for less than £1k and you will enjoy it. Investment ideas others have suggested, but if you don't like it and it goes down you will more than annoyed!
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nobokov
Junior Member
Posts • 4,873
Likes • 6,786
February 2016
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Need Advice on a small investment, by nobokov on Feb 3, 2020 19:58:38 GMT 1, Judging by the lake of reply from the OP, I'd bet this was a fake post to drum up interest in ones own collection.
Judging by the lake of reply from the OP, I'd bet this was a fake post to drum up interest in ones own collection.
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spartan
New Member
Posts • 76
Likes • 70
August 2009
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Need Advice on a small investment, by spartan on Feb 4, 2020 18:07:06 GMT 1, On the basis that this is a bona fide thread started by the OP, I think there’s some really good advice.
First things first, £1600 probably isn’t much of a budget for this to be an meaningful investment per se (in the second hand market). There are some artists that are still somewhat flippable if you can land a drop - but that’s more down to luck. In fact, outside of an increasingly smaller number of artists, many flippers are also getting burnt. The days of a print dropping on POW which guaranteed a minimum doubling of your cash are long gone (and the days of Banksy dropping live prints in person are almost a faded memory).
My advice would be to buy some prints you really like and would frame on your wall. Do you research on prices (espresso beans is ok as is this forum) and buy the pieces you will enjoy.
I stopped all “investment” purchases 10 years ago. In fact, I’ve never flipped a single print. They’re all stored somewhere or sitting on my wall. I’ve missed out on some easy money on prints that got hot then cooled down, I’ve got some prints I’d struggle to recover my cost and some that are now worth many times more what I paid for. However, I don’t mind because I enjoy what I have.
On the basis that this is a bona fide thread started by the OP, I think there’s some really good advice.
First things first, £1600 probably isn’t much of a budget for this to be an meaningful investment per se (in the second hand market). There are some artists that are still somewhat flippable if you can land a drop - but that’s more down to luck. In fact, outside of an increasingly smaller number of artists, many flippers are also getting burnt. The days of a print dropping on POW which guaranteed a minimum doubling of your cash are long gone (and the days of Banksy dropping live prints in person are almost a faded memory).
My advice would be to buy some prints you really like and would frame on your wall. Do you research on prices (espresso beans is ok as is this forum) and buy the pieces you will enjoy.
I stopped all “investment” purchases 10 years ago. In fact, I’ve never flipped a single print. They’re all stored somewhere or sitting on my wall. I’ve missed out on some easy money on prints that got hot then cooled down, I’ve got some prints I’d struggle to recover my cost and some that are now worth many times more what I paid for. However, I don’t mind because I enjoy what I have.
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moron
Junior Member
Posts • 2,711
Likes • 1,050
September 2017
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Need Advice on a small investment, by moron on Feb 6, 2020 13:59:41 GMT 1, £1,600 is a huge amount of money to invest.
First off do not listen to anyone on this forum that tells you which artist to invest in. Most are flippers who have stock to profit from and often work as a group on here promoting prints creating fake demands for prints in order to sap someone into parting with money. It's an old game and been going on for years and years. Buy premium bonds and spend time doing your own research and build up slowly so that any mistakes made are not expensive.
£1,600 is a huge amount of money to invest.
First off do not listen to anyone on this forum that tells you which artist to invest in. Most are flippers who have stock to profit from and often work as a group on here promoting prints creating fake demands for prints in order to sap someone into parting with money. It's an old game and been going on for years and years. Buy premium bonds and spend time doing your own research and build up slowly so that any mistakes made are not expensive.
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spartan
New Member
Posts • 76
Likes • 70
August 2009
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Need Advice on a small investment, by spartan on Feb 11, 2020 0:12:45 GMT 1, £1,600 is a huge amount of money to invest. First off do not listen to anyone on this forum that tells you which artist to invest in. Most are flippers who have stock to profit from and often work as a group on here promoting prints creating fake demands for prints in order to sap someone into parting with money. It's an old game and been going on for years and years. Buy premium bonds and spend time doing your own research and build up slowly so that any mistakes made are not expensive.
Reading the thread it seems most people told the OP to buy art they like and to be careful not to be stung or have managed expectations. I didn’t see a rush of people falsely hyping any artists - quite the contrary.
£1,600 is a huge amount of money to invest. First off do not listen to anyone on this forum that tells you which artist to invest in. Most are flippers who have stock to profit from and often work as a group on here promoting prints creating fake demands for prints in order to sap someone into parting with money. It's an old game and been going on for years and years. Buy premium bonds and spend time doing your own research and build up slowly so that any mistakes made are not expensive. Reading the thread it seems most people told the OP to buy art they like and to be careful not to be stung or have managed expectations. I didn’t see a rush of people falsely hyping any artists - quite the contrary.
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Express Post
Junior Member
Posts • 3,330
Likes • 2,479
January 2008
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Need Advice on a small investment, by Express Post on Feb 11, 2020 0:14:41 GMT 1,
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moron
Junior Member
Posts • 2,711
Likes • 1,050
September 2017
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Need Advice on a small investment, by moron on Feb 17, 2020 12:21:17 GMT 1, £1,600 is a huge amount of money to invest. First off do not listen to anyone on this forum that tells you which artist to invest in. Most are flippers who have stock to profit from and often work as a group on here promoting prints creating fake demands for prints in order to sap someone into parting with money. It's an old game and been going on for years and years. Buy premium bonds and spend time doing your own research and build up slowly so that any mistakes made are not expensive. Reading the thread it seems most people told the OP to buy art they like and to be careful not to be stung or have managed expectations. I didn’t see a rush of people falsely hyping any artists - quite the contrary. Hyping artists on here happens very often and usually by people who act as a group or clique. Free thought is not allowed on here neither is free speech. If members on here declared that they were really dealers, galleries or work for galleries pushing product creating hype and artificially raising prices to get people to jump on the flipping band wagon.
£1,600 is a huge amount of money to invest. First off do not listen to anyone on this forum that tells you which artist to invest in. Most are flippers who have stock to profit from and often work as a group on here promoting prints creating fake demands for prints in order to sap someone into parting with money. It's an old game and been going on for years and years. Buy premium bonds and spend time doing your own research and build up slowly so that any mistakes made are not expensive. Reading the thread it seems most people told the OP to buy art they like and to be careful not to be stung or have managed expectations. I didn’t see a rush of people falsely hyping any artists - quite the contrary. Hyping artists on here happens very often and usually by people who act as a group or clique. Free thought is not allowed on here neither is free speech. If members on here declared that they were really dealers, galleries or work for galleries pushing product creating hype and artificially raising prices to get people to jump on the flipping band wagon.
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Need Advice on a small investment, by Happy Shopper on Feb 17, 2020 12:50:28 GMT 1, Reading the thread it seems most people told the OP to buy art they like and to be careful not to be stung or have managed expectations. I didn’t see a rush of people falsely hyping any artists - quite the contrary. Hyping artists on here happens very often and usually by people who act as a group or clique. Free thought is not allowed on here neither is free speech. If members on here declared that they were really dealers, galleries or work for galleries pushing product creating hype and artificially raising prices to get people to jump on the flipping band wagon. I think you're assuming these people know each other and it's organised.
The reality is that people buy into an artist, then want others to also buy in, and this grows into multiple people "hyping" an artist... mostly organically, but it could also be seen as a bit artificial. We've seen this on the forum clearly with Oli Epp, Pejac, Sandra Chevrier, Edgar Plans, etc.
BUT... That doesn't mean they're bad artists and only being hyped so someone can cash in. It just means that someone likes them and wants others to like them too!
Reading the thread it seems most people told the OP to buy art they like and to be careful not to be stung or have managed expectations. I didn’t see a rush of people falsely hyping any artists - quite the contrary. Hyping artists on here happens very often and usually by people who act as a group or clique. Free thought is not allowed on here neither is free speech. If members on here declared that they were really dealers, galleries or work for galleries pushing product creating hype and artificially raising prices to get people to jump on the flipping band wagon. I think you're assuming these people know each other and it's organised. The reality is that people buy into an artist, then want others to also buy in, and this grows into multiple people "hyping" an artist... mostly organically, but it could also be seen as a bit artificial. We've seen this on the forum clearly with Oli Epp, Pejac, Sandra Chevrier, Edgar Plans, etc. BUT... That doesn't mean they're bad artists and only being hyped so someone can cash in. It just means that someone likes them and wants others to like them too!
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moron
Junior Member
Posts • 2,711
Likes • 1,050
September 2017
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Need Advice on a small investment, by moron on Feb 17, 2020 13:00:36 GMT 1, Hyping artists on here happens very often and usually by people who act as a group or clique. Free thought is not allowed on here neither is free speech. If members on here declared that they were really dealers, galleries or work for galleries pushing product creating hype and artificially raising prices to get people to jump on the flipping band wagon. I think you're assuming these people know each other and it's organised. The reality is that people buy into an artist, then want others to also buy in, and this grows into multiple people "hyping" an artist... mostly organically, but it could also be seen as a bit artificial. We've seen this on the forum clearly with Oli Epp, Pejac, Sandra Chevrier, Edgar Plans, etc. BUT... That doesn't mean they're bad artists and only being hyped so someone can cash in. It just means that someone likes them and wants others to like them too! "I think you're assuming these people know each other and it's organised."
Yes that's what i'm saying.
Like the people who were walking into galleries with Stik prints trying to get galleries to buy into the hype saying Stik will be the next big thing a few years ago?
Hyping artists on here happens very often and usually by people who act as a group or clique. Free thought is not allowed on here neither is free speech. If members on here declared that they were really dealers, galleries or work for galleries pushing product creating hype and artificially raising prices to get people to jump on the flipping band wagon. I think you're assuming these people know each other and it's organised. The reality is that people buy into an artist, then want others to also buy in, and this grows into multiple people "hyping" an artist... mostly organically, but it could also be seen as a bit artificial. We've seen this on the forum clearly with Oli Epp, Pejac, Sandra Chevrier, Edgar Plans, etc. BUT... That doesn't mean they're bad artists and only being hyped so someone can cash in. It just means that someone likes them and wants others to like them too! "I think you're assuming these people know each other and it's organised."
Yes that's what i'm saying. Like the people who were walking into galleries with Stik prints trying to get galleries to buy into the hype saying Stik will be the next big thing a few years ago?
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rodgro
New Member
Posts • 538
Likes • 295
January 2011
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Need Advice on a small investment, by rodgro on Feb 18, 2020 4:10:24 GMT 1, I think anyone on this forum with a decent collection would admit that a good half of the pieces are now worth about nothing. If you're really thinking of art as an investment, don't. And if you still want to, you probably need to look beyond sinking all your chips onto one number. As said above, it's a crapshoot. As a suggestion, spend a small amount on something that looks great and put the rest in a mutual fund or similar. For large, original work I think ABC has some storming stuff (and no, no relation or obligation to push him) antonycollings.bigcartel.com/I would strongly dispute this. Most of my collection has gone up in value and at worst a few I could sell at cost.
Is “most of your collection” that you refer to pieces by Banksy? If not than my assumption has to be that you either picked worked up decades ago and it has increased in significant-ish value OR when you say “increased in value” you mean you bought prints by Shepard Fairey (just as an example) fir $45-55 and now they are worth a few hundred? If so, I suppose this does qualify your statement but I think it’s a far cry from being considered an investment. I don’t mean any disrespect, and my point is simply to agree with most of these collectors commenting that one should buy what they love and to buy a stock, etc if they truly want to invest in something.
I think anyone on this forum with a decent collection would admit that a good half of the pieces are now worth about nothing. If you're really thinking of art as an investment, don't. And if you still want to, you probably need to look beyond sinking all your chips onto one number. As said above, it's a crapshoot. As a suggestion, spend a small amount on something that looks great and put the rest in a mutual fund or similar. For large, original work I think ABC has some storming stuff (and no, no relation or obligation to push him) antonycollings.bigcartel.com/I would strongly dispute this. Most of my collection has gone up in value and at worst a few I could sell at cost. Is “most of your collection” that you refer to pieces by Banksy? If not than my assumption has to be that you either picked worked up decades ago and it has increased in significant-ish value OR when you say “increased in value” you mean you bought prints by Shepard Fairey (just as an example) fir $45-55 and now they are worth a few hundred? If so, I suppose this does qualify your statement but I think it’s a far cry from being considered an investment. I don’t mean any disrespect, and my point is simply to agree with most of these collectors commenting that one should buy what they love and to buy a stock, etc if they truly want to invest in something.
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sierrahotel
New Member
Posts • 864
Likes • 427
November 2012
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Need Advice on a small investment, by sierrahotel on Feb 18, 2020 22:14:20 GMT 1, I think you're assuming these people know each other and it's organised. The reality is that people buy into an artist, then want others to also buy in, and this grows into multiple people "hyping" an artist... mostly organically, but it could also be seen as a bit artificial. We've seen this on the forum clearly with Oli Epp, Pejac, Sandra Chevrier, Edgar Plans, etc. BUT... That doesn't mean they're bad artists and only being hyped so someone can cash in. It just means that someone likes them and wants others to like them too! "I think you're assuming these people know each other and it's organised."
Yes that's what i'm saying. Like the people who were walking into galleries with Stik prints trying to get galleries to buy into the hype saying Stik will be the next big thing a few years ago?
Well Stik’s values have been going up in a straight line for 5 years (signed screen prints and above, not the poster junk). So if it was all hype it must have worked.
OP; you can get some entry level 20th century master prints (litho) for that money. Closest thing to a semi safe investment at that price point.
I think you're assuming these people know each other and it's organised. The reality is that people buy into an artist, then want others to also buy in, and this grows into multiple people "hyping" an artist... mostly organically, but it could also be seen as a bit artificial. We've seen this on the forum clearly with Oli Epp, Pejac, Sandra Chevrier, Edgar Plans, etc. BUT... That doesn't mean they're bad artists and only being hyped so someone can cash in. It just means that someone likes them and wants others to like them too! "I think you're assuming these people know each other and it's organised."
Yes that's what i'm saying. Like the people who were walking into galleries with Stik prints trying to get galleries to buy into the hype saying Stik will be the next big thing a few years ago? Well Stik’s values have been going up in a straight line for 5 years (signed screen prints and above, not the poster junk). So if it was all hype it must have worked. OP; you can get some entry level 20th century master prints (litho) for that money. Closest thing to a semi safe investment at that price point.
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moron
Junior Member
Posts • 2,711
Likes • 1,050
September 2017
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Need Advice on a small investment, by moron on Feb 29, 2020 18:10:30 GMT 1, "I think you're assuming these people know each other and it's organised."
Yes that's what i'm saying. Like the people who were walking into galleries with Stik prints trying to get galleries to buy into the hype saying Stik will be the next big thing a few years ago? Well Stik’s values have been going up in a straight line for 5 years (signed screen prints and above, not the poster junk). So if it was all hype it must have worked. OP; you can get some entry level 20th century master prints (litho) for that money. Closest thing to a semi safe investment at that price point. Yes it has worked so far with the Stik hype and pushing prices up at auction. Stik likes to tell the world how much his stuff has been sold for.
Buying Banksy souvenirs , posters etc can be a good way of making money by flipping the stuff and working ones way up to earn enough money to buy a ltd Banksy edition.
"I think you're assuming these people know each other and it's organised."
Yes that's what i'm saying. Like the people who were walking into galleries with Stik prints trying to get galleries to buy into the hype saying Stik will be the next big thing a few years ago? Well Stik’s values have been going up in a straight line for 5 years (signed screen prints and above, not the poster junk). So if it was all hype it must have worked. OP; you can get some entry level 20th century master prints (litho) for that money. Closest thing to a semi safe investment at that price point. Yes it has worked so far with the Stik hype and pushing prices up at auction. Stik likes to tell the world how much his stuff has been sold for. Buying Banksy souvenirs , posters etc can be a good way of making money by flipping the stuff and working ones way up to earn enough money to buy a ltd Banksy edition.
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LJCal
Junior Member
Posts • 2,824
Likes • 4,236
December 2019
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Need Advice on a small investment, by LJCal on Mar 1, 2020 4:08:04 GMT 1, £1,600 is a huge amount of money to invest. First off do not listen to anyone on this forum that tells you which artist to invest in. Most are flippers who have stock to profit from and often work as a group on here promoting prints creating fake demands for prints in order to sap someone into parting with money. It's an old game and been going on for years and years. Buy premium bonds and spend time doing your own research and build up slowly so that any mistakes made are not expensive. Don’t take advice from anyone telling you to buy premium bonds, average return is just over 1%, with inflation you’re losing money. Anyone telling you to buy what you like and not worry about reselling is a mug, if you take that strategy guaranteed you’ll lose money because it’s a loser mentality. Obviously buy art you like but do your homework and if it’s not good value walk away, no matter how much you like it. If you’re patient and diligent you can buy art you like and that will make you a return.
£1,600 is a huge amount of money to invest. First off do not listen to anyone on this forum that tells you which artist to invest in. Most are flippers who have stock to profit from and often work as a group on here promoting prints creating fake demands for prints in order to sap someone into parting with money. It's an old game and been going on for years and years. Buy premium bonds and spend time doing your own research and build up slowly so that any mistakes made are not expensive. Don’t take advice from anyone telling you to buy premium bonds, average return is just over 1%, with inflation you’re losing money. Anyone telling you to buy what you like and not worry about reselling is a mug, if you take that strategy guaranteed you’ll lose money because it’s a loser mentality. Obviously buy art you like but do your homework and if it’s not good value walk away, no matter how much you like it. If you’re patient and diligent you can buy art you like and that will make you a return.
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Need Advice on a small investment, by Carl Cashman Art on Mar 1, 2020 10:28:49 GMT 1, You're better off waiting for the ftse 100 to drop a bit more due to corona and putting your money there.
You're better off waiting for the ftse 100 to drop a bit more due to corona and putting your money there.
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Deleted
Posts • 0
Likes •
January 1970
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Need Advice on a small investment, by Deleted on Mar 1, 2020 15:05:56 GMT 1, Wouldn’t ‘diversify’ as some people think you should on here.
Buy something you like from a well known artist. Hopefully from source. Not just forum well known (see below - dangerous!!) and enjoy it on your wall for years. I think the Damien Hirst cherry blossom’s will be my favourite pieces of art released this year
If you end up buying Oli Epp, Pejac, Balfour Helgason, Josh Sperling, Javi Calleja... etc, 99% of the time you’ll lose money. People who buy these are after Instagram likes & a quick buck. They couldn’t care about the progression of the artist over a 10 year period or so.
People will say I’m wrong but they are purely trying to protect their investment.... 😂
Wouldn’t ‘diversify’ as some people think you should on here.
Buy something you like from a well known artist. Hopefully from source. Not just forum well known (see below - dangerous!!) and enjoy it on your wall for years. I think the Damien Hirst cherry blossom’s will be my favourite pieces of art released this year
If you end up buying Oli Epp, Pejac, Balfour Helgason, Josh Sperling, Javi Calleja... etc, 99% of the time you’ll lose money. People who buy these are after Instagram likes & a quick buck. They couldn’t care about the progression of the artist over a 10 year period or so.
People will say I’m wrong but they are purely trying to protect their investment.... 😂
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Lazarus II
Junior Member
Posts • 1,801
Likes • 2,427
August 2019
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Need Advice on a small investment, by Lazarus II on Mar 1, 2020 15:25:23 GMT 1, If you hang around here long enough then you will realise you will do well to avoid taking advice from many on here particularly on what art to buy. Do what carl cashman says above 😊
If you hang around here long enough then you will realise you will do well to avoid taking advice from many on here particularly on what art to buy. Do what carl cashman says above 😊
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moron
Junior Member
Posts • 2,711
Likes • 1,050
September 2017
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Need Advice on a small investment, by moron on Mar 2, 2020 17:51:53 GMT 1, £1,600 is a huge amount of money to invest. First off do not listen to anyone on this forum that tells you which artist to invest in. Most are flippers who have stock to profit from and often work as a group on here promoting prints creating fake demands for prints in order to sap someone into parting with money. It's an old game and been going on for years and years. Buy premium bonds and spend time doing your own research and build up slowly so that any mistakes made are not expensive. Don’t take advice from anyone telling you to buy premium bonds, average return is just over 1%, with inflation you’re losing money. Anyone telling you to buy what you like and not worry about reselling is a mug, if you take that strategy guaranteed you’ll lose money because it’s a loser mentality. Obviously buy art you like but do your homework and if it’s not good value walk away, no matter how much you like it. If you’re patient and diligent you can buy art you like and that will make you a return. I agree with what you write.
My point regarding Premium Bonds is that although the percentage return per annum is low. There is the fact that the premium bonds have regular prize draws where people can win sums of money and can also withdraw their original money they deposited at any time. I know that the chances of winning money are slim but to me it's better to stick the money in Premium Bonds for a year leaving it in there whilst looking and learning about buying and re selling editions. For new comers it's less of a gamble than spending a grand on a print that they cannot sell or are lucky to sell for half the amount because they believed the hype by flippers and some galleries. Investing in prints is a form of gambling.
www.moneysavingexpert.com/savings/premium-bonds/
£1,600 is a huge amount of money to invest. First off do not listen to anyone on this forum that tells you which artist to invest in. Most are flippers who have stock to profit from and often work as a group on here promoting prints creating fake demands for prints in order to sap someone into parting with money. It's an old game and been going on for years and years. Buy premium bonds and spend time doing your own research and build up slowly so that any mistakes made are not expensive. Don’t take advice from anyone telling you to buy premium bonds, average return is just over 1%, with inflation you’re losing money. Anyone telling you to buy what you like and not worry about reselling is a mug, if you take that strategy guaranteed you’ll lose money because it’s a loser mentality. Obviously buy art you like but do your homework and if it’s not good value walk away, no matter how much you like it. If you’re patient and diligent you can buy art you like and that will make you a return. I agree with what you write. My point regarding Premium Bonds is that although the percentage return per annum is low. There is the fact that the premium bonds have regular prize draws where people can win sums of money and can also withdraw their original money they deposited at any time. I know that the chances of winning money are slim but to me it's better to stick the money in Premium Bonds for a year leaving it in there whilst looking and learning about buying and re selling editions. For new comers it's less of a gamble than spending a grand on a print that they cannot sell or are lucky to sell for half the amount because they believed the hype by flippers and some galleries. Investing in prints is a form of gambling. www.moneysavingexpert.com/savings/premium-bonds/
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chevyav53
Junior Member
Posts • 1,356
Likes • 1,134
August 2017
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Need Advice on a small investment, by chevyav53 on Mar 2, 2020 18:25:42 GMT 1, Art as investment is a crap shoot, sometimes. The rule for art is buy what you love. If you really want to invest your money buy a nice dividend stock or low fee fund (like vanguard) and set it to DRIP then forget it. Please listen to Pffff.... Vanguard is great with low fees and many high yield funds and ETFs. Invest in something that will pay you a nice yield and appreciate over time. Buy art for your wall not to invest.
I see too many young people wasting their money and struggling with debt because of bad decisions such as buying art or lotto tickets for hope of hitting it big instead of utilizing the beauty of compounding interest.
Art as investment is a crap shoot, sometimes. The rule for art is buy what you love. If you really want to invest your money buy a nice dividend stock or low fee fund (like vanguard) and set it to DRIP then forget it. Please listen to Pffff.... Vanguard is great with low fees and many high yield funds and ETFs. Invest in something that will pay you a nice yield and appreciate over time. Buy art for your wall not to invest. I see too many young people wasting their money and struggling with debt because of bad decisions such as buying art or lotto tickets for hope of hitting it big instead of utilizing the beauty of compounding interest.
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sierrahotel
New Member
Posts • 864
Likes • 427
November 2012
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Need Advice on a small investment, by sierrahotel on Mar 3, 2020 0:12:21 GMT 1, Well Stik’s values have been going up in a straight line for 5 years (signed screen prints and above, not the poster junk). So if it was all hype it must have worked. OP; you can get some entry level 20th century master prints (litho) for that money. Closest thing to a semi safe investment at that price point. Yes it has worked so far with the Stik hype and pushing prices up at auction. Stik likes to tell the world how much his stuff has been sold for. Buying Banksy souvenirs , posters etc can be a good way of making money by flipping the stuff and working ones way up to earn enough money to buy a ltd Banksy edition.
So how many years of consistent growth in auction prices for originals and prints would make you say “oh it’s not hype, it’s real” or whatever the opposite of hype is in your mind?
Well Stik’s values have been going up in a straight line for 5 years (signed screen prints and above, not the poster junk). So if it was all hype it must have worked. OP; you can get some entry level 20th century master prints (litho) for that money. Closest thing to a semi safe investment at that price point. Yes it has worked so far with the Stik hype and pushing prices up at auction. Stik likes to tell the world how much his stuff has been sold for. Buying Banksy souvenirs , posters etc can be a good way of making money by flipping the stuff and working ones way up to earn enough money to buy a ltd Banksy edition. So how many years of consistent growth in auction prices for originals and prints would make you say “oh it’s not hype, it’s real” or whatever the opposite of hype is in your mind?
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gd79
Junior Member
Posts • 1,129
Likes • 1,220
September 2015
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Need Advice on a small investment, by gd79 on Mar 3, 2020 11:53:27 GMT 1, Art as investment is a crap shoot, sometimes. The rule for art is buy what you love. If you really want to invest your money buy a nice dividend stock or low fee fund (like vanguard) and set it to DRIP then forget it. Please listen to Pffff.... Vanguard is great with low fees and many high yield funds and ETFs. Invest in something that will pay you a nice yield and appreciate over time. Buy art for your wall not to invest. I see too many young people wasting their money and struggling with debt because of bad decisions such as buying art or lotto tickets for hope of hitting it big instead of utilizing the beauty of compounding interest.
Compound interest. The most powerful financial force in the world.
There's a common story regarding the purchase of Manhattan from a Native American tribe in 1626, for the modest sum of $20 worth of beads and trinkets. It's utter myth, but usually used to demonstrate a steal of a deal.
In reality, take that $20, invest it in something that yields a steady flow of interest. Say 6%, a touch aggressive but it's just a story. Compound it over 400 years, and you end up with $200bn or so. Make it 8%, and you end up with something about 4x world GDP. Not such a bad deal if you throw in some compound interest.
Any art would have lost you money over that time. I dare say even buying a da Vinci, you'd have paid out more in insurance and security than it would be worth.
OK, none of us have 400 years and chances are the odd war would have destroyed the assets a long time ago, but the point is don't ignore the steady return trying to chase the ten bagger.
Nothing to do with the which artist you need to buy, but hey. The op seems disinterested anyway.
Art as investment is a crap shoot, sometimes. The rule for art is buy what you love. If you really want to invest your money buy a nice dividend stock or low fee fund (like vanguard) and set it to DRIP then forget it. Please listen to Pffff.... Vanguard is great with low fees and many high yield funds and ETFs. Invest in something that will pay you a nice yield and appreciate over time. Buy art for your wall not to invest. I see too many young people wasting their money and struggling with debt because of bad decisions such as buying art or lotto tickets for hope of hitting it big instead of utilizing the beauty of compounding interest. Compound interest. The most powerful financial force in the world. There's a common story regarding the purchase of Manhattan from a Native American tribe in 1626, for the modest sum of $20 worth of beads and trinkets. It's utter myth, but usually used to demonstrate a steal of a deal. In reality, take that $20, invest it in something that yields a steady flow of interest. Say 6%, a touch aggressive but it's just a story. Compound it over 400 years, and you end up with $200bn or so. Make it 8%, and you end up with something about 4x world GDP. Not such a bad deal if you throw in some compound interest. Any art would have lost you money over that time. I dare say even buying a da Vinci, you'd have paid out more in insurance and security than it would be worth. OK, none of us have 400 years and chances are the odd war would have destroyed the assets a long time ago, but the point is don't ignore the steady return trying to chase the ten bagger. Nothing to do with the which artist you need to buy, but hey. The op seems disinterested anyway.
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Javier
Junior Member
Posts • 1,163
Likes • 1,821
November 2019
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Need Advice on a small investment, by Javier on Mar 3, 2020 12:17:54 GMT 1, You could had purchased a good site in outer Babylon 6.000 years ago.... oops!
You could had purchased a good site in outer Babylon 6.000 years ago.... oops!
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pellets
New Member
Posts • 758
Likes • 750
October 2018
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Need Advice on a small investment, by pellets on Mar 3, 2020 12:19:08 GMT 1, 🤣 imagine coming to an art forum to ask for advice and being told to buy premium bonds
🤣 imagine coming to an art forum to ask for advice and being told to buy premium bonds
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gd79
Junior Member
Posts • 1,129
Likes • 1,220
September 2015
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Need Advice on a small investment, by gd79 on Mar 3, 2020 12:31:15 GMT 1, Indeed. After a week of enforced working from home I am now very bored.
Indeed. After a week of enforced working from home I am now very bored.
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