medichead
New Member
Posts • 575
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January 2017
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Stop And Search for Sale, by medichead on Oct 4, 2020 9:33:55 GMT 1, Additionally, some buyers are attracted to the provenance of a piece being sold at Christie’s / Sotheby’s. Overlooking that would give a misleading impression of the value of a piece when trying to sell it over private messages of an urban art forum.
But since bob says this is worth £150k, I’m sure that’s what it’ll sell for 😊
Additionally, some buyers are attracted to the provenance of a piece being sold at Christie’s / Sotheby’s. Overlooking that would give a misleading impression of the value of a piece when trying to sell it over private messages of an urban art forum.
But since bob says this is worth £150k, I’m sure that’s what it’ll sell for 😊
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reg
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October 2007
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Stop And Search for Sale, by reg on Oct 4, 2020 9:37:47 GMT 1, Yep.
People dropping £100k at an auction house perhaps don't want to trawl these boards searching for evidence of what the COA shouldn't look like and seeking references about sellers from other forum members. That's what the 25% fees gets you via auctions but end of the day it'll be the same print and the same provenance.
Yep.
People dropping £100k at an auction house perhaps don't want to trawl these boards searching for evidence of what the COA shouldn't look like and seeking references about sellers from other forum members. That's what the 25% fees gets you via auctions but end of the day it'll be the same print and the same provenance.
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medichead
New Member
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January 2017
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Stop And Search for Sale, by medichead on Oct 4, 2020 10:02:44 GMT 1, I'd advise you to hold on for a price precedent. I think this print is easily worth £150k.
Just to hammer the point home, in case there was any remaining doubt:
if you genuinely think something is easily underpriced by £50k, you’ve identified a pretty handsome investment opportunity that I’m sure you’ll be capitalising on.
We all know you’ve got the minerals to do it. Congratulations. 😊
I'd advise you to hold on for a price precedent. I think this print is easily worth £150k. Just to hammer the point home, in case there was any remaining doubt: if you genuinely think something is easily underpriced by £50k, you’ve identified a pretty handsome investment opportunity that I’m sure you’ll be capitalising on. We all know you’ve got the minerals to do it. Congratulations. 😊
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Winter
Junior Member
Posts • 7,139
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March 2007
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Stop And Search for Sale, by Winter on Oct 4, 2020 10:39:03 GMT 1, Are there many £100k trades via this forum? Happy to stand corrected but whilst many on here are collectors and enthusiasts there aren't that many with £100k in pockets waiting to be spent. As for valuation. Suspect we'll get that from Tate Ward in a couple of weeks when one of these comes under the hammer. If that hammer price is south of £90k or so then maybe the asking price was too high.
All the dealers and galleries trawl through this forum.
Are there many £100k trades via this forum? Happy to stand corrected but whilst many on here are collectors and enthusiasts there aren't that many with £100k in pockets waiting to be spent. As for valuation. Suspect we'll get that from Tate Ward in a couple of weeks when one of these comes under the hammer. If that hammer price is south of £90k or so then maybe the asking price was too high. All the dealers and galleries trawl through this forum.
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Poster Bob
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September 2013
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Stop And Search for Sale, by Poster Bob on Oct 4, 2020 11:18:30 GMT 1, By the logic of this forum the following applies: if a £50,00,000 Picasso doesn't sell at a yard sale for £10 it's worthless; the sales section on this forum is not equivalent to Christie's private sales. That print is undervalued and needs a price precedent; the current auction at a third-tier auction house may not provide it and you'll need for one to surface at Christie's or Sotheby's. Prices are climbing and you're dealing with large sums of money, auction a major house may soon be the new norm as opposed to private sale to guarantee access to those with the deepest pockets.
By the logic of this forum the following applies: if a £50,00,000 Picasso doesn't sell at a yard sale for £10 it's worthless; the sales section on this forum is not equivalent to Christie's private sales. That print is undervalued and needs a price precedent; the current auction at a third-tier auction house may not provide it and you'll need for one to surface at Christie's or Sotheby's. Prices are climbing and you're dealing with large sums of money, auction a major house may soon be the new norm as opposed to private sale to guarantee access to those with the deepest pockets.
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Rubberneck
Junior Member
Posts • 1,042
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October 2018
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Stop And Search for Sale, by Rubberneck on Oct 4, 2020 11:23:45 GMT 1, I’ve got deep pockets, it’s just that my arms are short..
I’ve got deep pockets, it’s just that my arms are short..
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reg
New Member
Posts • 294
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October 2007
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Stop And Search for Sale, by reg on Oct 4, 2020 11:33:32 GMT 1, By the logic of this forum the following applies: if a £50,00,000 Picasso doesn't sell at a yard sale for £10 it's worthless; the sales section on this forum is not equivalent to Christie's private sales. That print is undervalued and needs a price precedent; the current auction at a third-tier auction house may not provide it and you'll need for one to surface at Christie's or Sotheby's. Prices are climbing and you're dealing with large sums of money, auction a major house may soon be the new norm as opposed to private sale to guarantee access to those with the deepest pockets.
You put it better than I tried to. The number of available buyers on this forum shrinks as prices increase. The value of anything is determined by the amount that any one person will pay. Increasingly, that amount is the preserve of the wealthy via auction houses rather than forum dwellers.
By the logic of this forum the following applies: if a £50,00,000 Picasso doesn't sell at a yard sale for £10 it's worthless; the sales section on this forum is not equivalent to Christie's private sales. That print is undervalued and needs a price precedent; the current auction at a third-tier auction house may not provide it and you'll need for one to surface at Christie's or Sotheby's. Prices are climbing and you're dealing with large sums of money, auction a major house may soon be the new norm as opposed to private sale to guarantee access to those with the deepest pockets. You put it better than I tried to. The number of available buyers on this forum shrinks as prices increase. The value of anything is determined by the amount that any one person will pay. Increasingly, that amount is the preserve of the wealthy via auction houses rather than forum dwellers.
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Winter
Junior Member
Posts • 7,139
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March 2007
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Stop And Search for Sale, by Winter on Oct 4, 2020 12:55:25 GMT 1, Id imagine most of the auction houses are desperate for these kinds of work. I spoke to a person at Phillips who said they were struggling to get Banksy works.
Id imagine most of the auction houses are desperate for these kinds of work. I spoke to a person at Phillips who said they were struggling to get Banksy works.
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therivler1
New Member
Posts • 969
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July 2011
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Stop And Search for Sale, by therivler1 on Oct 4, 2020 13:18:47 GMT 1, Better not tell Mrs McGill or she'll have it off the wall. how much did it sell?
60k + fees
Better not tell Mrs McGill or she'll have it off the wall. how much did it sell? 60k + fees
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robo
Junior Member
Posts • 1,578
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November 2006
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Stop And Search for Sale, by robo on Oct 4, 2020 20:54:15 GMT 1, By the logic of this forum the following applies: if a £50,00,000 Picasso doesn't sell at a yard sale for £10 it's worthless; the sales section on this forum is not equivalent to Christie's private sales. That print is undervalued and needs a price precedent; the current auction at a third-tier auction house may not provide it and you'll need for one to surface at Christie's or Sotheby's. Prices are climbing and you're dealing with large sums of money, auction a major house may soon be the new norm as opposed to private sale to guarantee access to those with the deepest pockets.
Well put!
By the logic of this forum the following applies: if a £50,00,000 Picasso doesn't sell at a yard sale for £10 it's worthless; the sales section on this forum is not equivalent to Christie's private sales. That print is undervalued and needs a price precedent; the current auction at a third-tier auction house may not provide it and you'll need for one to surface at Christie's or Sotheby's. Prices are climbing and you're dealing with large sums of money, auction a major house may soon be the new norm as opposed to private sale to guarantee access to those with the deepest pockets. Well put!
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