Jaylove
Junior Member
Posts • 1,596
Likes • 1,073
November 2016
|
Anyone out there still buying art?, by Jaylove on May 28, 2023 16:51:55 GMT 1, Savers aren’t winning though are they? In the UK, savers are finding that they are losing 8-10% in purchasing power. You have failed to factor in inflation, the only reason interest rates have been going up globally. In the last twenty+ years we have either had low inflation with low interest rates, or high inflation with high interest rates. Which means the person with money in the bank is the loser in both these cases. So contrary to your assertion, actually it is buying assets like housing or blue chip art, which will serve you better. Exactly, guys who put their money in the bank need their head examined in any scenario. People who view it as a risk free investment also need to understand that this really isn’t the case certainly above £85,000 and $250,000 respectively. I still believe there is risk (albeit a small one) of a major bank failing and the government not stepping into cover all deposits, if there was a flash bank run that spread quickly they may not be able to save everyone, so bank deposits do come with some degree of risk and when you’re making a real returns that don’t even cover inflation it’s not a smart investment. Yea man, invest in art guys!
Savers aren’t winning though are they? In the UK, savers are finding that they are losing 8-10% in purchasing power. You have failed to factor in inflation, the only reason interest rates have been going up globally. In the last twenty+ years we have either had low inflation with low interest rates, or high inflation with high interest rates. Which means the person with money in the bank is the loser in both these cases. So contrary to your assertion, actually it is buying assets like housing or blue chip art, which will serve you better. Exactly, guys who put their money in the bank need their head examined in any scenario. People who view it as a risk free investment also need to understand that this really isn’t the case certainly above £85,000 and $250,000 respectively. I still believe there is risk (albeit a small one) of a major bank failing and the government not stepping into cover all deposits, if there was a flash bank run that spread quickly they may not be able to save everyone, so bank deposits do come with some degree of risk and when you’re making a real returns that don’t even cover inflation it’s not a smart investment. Yea man, invest in art guys!
|
|
kai22
New Member
Posts • 101
Likes • 144
September 2022
|
Anyone out there still buying art?, by kai22 on May 28, 2023 17:16:11 GMT 1, Savers aren’t winning though are they? In the UK, savers are finding that they are losing 8-10% in purchasing power. You have failed to factor in inflation, the only reason interest rates have been going up globally. In the last twenty+ years we have either had low inflation with low interest rates, or high inflation with high interest rates. Which means the person with money in the bank is the loser in both these cases. So contrary to your assertion, actually it is buying assets like housing or blue chip art, which will serve you better. Don't be obtuse. I'm talking about TODAY, savers will be compensated rather than the last 20 years where the move was to invest in literally anything and borrow at low rates. Rates have increased greatly, less credit available. We are headed for a recession...may be huge, may be small...who knows. The best bet is to put your money in a savings account or GIC paying 6% and chilling. WTF would you buy art or housing? Both markets in massive bubbles and getting drained as we speak. Stocks, art, housing, why would an average Joe invest in such volatility when they can leave money in the bank, get some interest on it and then decide to deploy those funds when the market turns around? NO RISK! Which is the name of the game in a recessionary environment. You can go buy $10K priced up print at an art gallery. I'll keep that $10K in a GIC and at least make some interest on it. Pay down debts rather than speculate on falling markets. So when there was no incentive to save money, and invest it instead, people won't be forced to speculating. They can put their money in the bank and rest their heads. Carry on lol
Savers aren’t winning though are they? In the UK, savers are finding that they are losing 8-10% in purchasing power. You have failed to factor in inflation, the only reason interest rates have been going up globally. In the last twenty+ years we have either had low inflation with low interest rates, or high inflation with high interest rates. Which means the person with money in the bank is the loser in both these cases. So contrary to your assertion, actually it is buying assets like housing or blue chip art, which will serve you better. Don't be obtuse. I'm talking about TODAY, savers will be compensated rather than the last 20 years where the move was to invest in literally anything and borrow at low rates. Rates have increased greatly, less credit available. We are headed for a recession...may be huge, may be small...who knows. The best bet is to put your money in a savings account or GIC paying 6% and chilling. WTF would you buy art or housing? Both markets in massive bubbles and getting drained as we speak. Stocks, art, housing, why would an average Joe invest in such volatility when they can leave money in the bank, get some interest on it and then decide to deploy those funds when the market turns around? NO RISK! Which is the name of the game in a recessionary environment. You can go buy $10K priced up print at an art gallery. I'll keep that $10K in a GIC and at least make some interest on it. Pay down debts rather than speculate on falling markets. So when there was no incentive to save money, and invest it instead, people won't be forced to speculating. They can put their money in the bank and rest their heads. Carry on lol
|
|
|
Anyone out there still buying art?, by The Greased Piglet on May 28, 2023 17:24:22 GMT 1, Exactly, guys who put their money in the bank need their head examined in any scenario. People who view it as a risk free investment also need to understand that this really isn’t the case certainly above £85,000 and $250,000 respectively. I still believe there is risk (albeit a small one) of a major bank failing and the government not stepping into cover all deposits, if there was a flash bank run that spread quickly they may not be able to save everyone, so bank deposits do come with some degree of risk and when you’re making a real returns that don’t even cover inflation it’s not a smart investment. Yea man, invest in art guys! You can invest in anything and make money if you put the hours in and have a tiny bit of savvy, just because it may not be working out for you doesn’t mean there aren’t plenty of people making money even in a depressed market
Exactly, guys who put their money in the bank need their head examined in any scenario. People who view it as a risk free investment also need to understand that this really isn’t the case certainly above £85,000 and $250,000 respectively. I still believe there is risk (albeit a small one) of a major bank failing and the government not stepping into cover all deposits, if there was a flash bank run that spread quickly they may not be able to save everyone, so bank deposits do come with some degree of risk and when you’re making a real returns that don’t even cover inflation it’s not a smart investment. Yea man, invest in art guys! You can invest in anything and make money if you put the hours in and have a tiny bit of savvy, just because it may not be working out for you doesn’t mean there aren’t plenty of people making money even in a depressed market
|
|
|
Anyone out there still buying art?, by The Greased Piglet on May 28, 2023 17:27:30 GMT 1, Savers aren’t winning though are they? In the UK, savers are finding that they are losing 8-10% in purchasing power. You have failed to factor in inflation, the only reason interest rates have been going up globally. In the last twenty+ years we have either had low inflation with low interest rates, or high inflation with high interest rates. Which means the person with money in the bank is the loser in both these cases. So contrary to your assertion, actually it is buying assets like housing or blue chip art, which will serve you better. Don't be obtuse. I'm talking about TODAY, savers will be compensated rather than the last 20 years where the move was to invest in literally anything and borrow at low rates. Rates have increased greatly, less credit available. We are headed for a recession...may be huge, may be small...who knows. The best bet is to put your money in a savings account or GIC paying 6% and chilling. WTF would you buy art or housing? Both markets in massive bubbles and getting drained as we speak. Stocks, art, housing, why would an average Joe invest in such volatility when they can leave money in the bank, get some interest on it and then decide to deploy those funds when the market turns around? NO RISK! Which is the name of the game in a recessionary environment. You can go buy $10K priced up print at an art gallery. I'll keep that $10K in a GIC and at least make some interest on it. Pay down debts rather than speculate on falling markets. So when there was no incentive to save money, and invest it instead, people won't be forced to speculating. They can put their money in the bank and rest their heads. Or as Warren Buffet said be greedy when others are fearful, that’s another strategy that works for many.
Savers aren’t winning though are they? In the UK, savers are finding that they are losing 8-10% in purchasing power. You have failed to factor in inflation, the only reason interest rates have been going up globally. In the last twenty+ years we have either had low inflation with low interest rates, or high inflation with high interest rates. Which means the person with money in the bank is the loser in both these cases. So contrary to your assertion, actually it is buying assets like housing or blue chip art, which will serve you better. Don't be obtuse. I'm talking about TODAY, savers will be compensated rather than the last 20 years where the move was to invest in literally anything and borrow at low rates. Rates have increased greatly, less credit available. We are headed for a recession...may be huge, may be small...who knows. The best bet is to put your money in a savings account or GIC paying 6% and chilling. WTF would you buy art or housing? Both markets in massive bubbles and getting drained as we speak. Stocks, art, housing, why would an average Joe invest in such volatility when they can leave money in the bank, get some interest on it and then decide to deploy those funds when the market turns around? NO RISK! Which is the name of the game in a recessionary environment. You can go buy $10K priced up print at an art gallery. I'll keep that $10K in a GIC and at least make some interest on it. Pay down debts rather than speculate on falling markets. So when there was no incentive to save money, and invest it instead, people won't be forced to speculating. They can put their money in the bank and rest their heads. Or as Warren Buffet said be greedy when others are fearful, that’s another strategy that works for many.
|
|
Pawel
Junior Member
Posts • 3,733
Likes • 3,213
June 2015
|
Anyone out there still buying art?, by Pawel on May 28, 2023 17:40:09 GMT 1, I believe in FOMO and greed
I believe in FOMO and greed
|
|
Wanchope
Junior Member
Posts • 1,349
Likes • 1,153
February 2020
|
Anyone out there still buying art?, by Wanchope on May 28, 2023 17:40:15 GMT 1, Tbf some valid points, however they have talked about us (UK) being in the edge of a recession for some time now and it hasn’t happened. Also the IMF said a few days ago that we are looking better than expected above and beyond some other major European countries.
Out shopping today and it was packed in shops and restaurants. Didn’t feel like spending is a huge problem for a lot of people, although I’m sure some are struggling as cost of living is gotten silly.
Lastly sure saving 10k for 500 interest is ok, but it’s locked away for that rate normally, is boring as fook and get no enjoyment out of it which is what art should primarily be for.
I’ve been spending and loving what I’ve bought and some I’ve def done well on and if needed to sell straight away I’d be confident in a decent return in total ( better than 5% for sure)
Enjoy art, buy art
Tbf some valid points, however they have talked about us (UK) being in the edge of a recession for some time now and it hasn’t happened. Also the IMF said a few days ago that we are looking better than expected above and beyond some other major European countries.
Out shopping today and it was packed in shops and restaurants. Didn’t feel like spending is a huge problem for a lot of people, although I’m sure some are struggling as cost of living is gotten silly.
Lastly sure saving 10k for 500 interest is ok, but it’s locked away for that rate normally, is boring as fook and get no enjoyment out of it which is what art should primarily be for.
I’ve been spending and loving what I’ve bought and some I’ve def done well on and if needed to sell straight away I’d be confident in a decent return in total ( better than 5% for sure)
Enjoy art, buy art
|
|
|
gus
New Member
Posts • 242
Likes • 312
October 2022
|
Anyone out there still buying art?, by gus on May 28, 2023 19:39:11 GMT 1, Personally won’t be taking investment advice from someone talking about getting 500$ “Risk free” in a savings account. Bought a few things lately, amazing aiweiwei vase, a beautiful painting, few other pieces. All fairly cheap things, and don’t buy with the expectation of making money, so don’t see much reason to stop.
Personally won’t be taking investment advice from someone talking about getting 500$ “Risk free” in a savings account. Bought a few things lately, amazing aiweiwei vase, a beautiful painting, few other pieces. All fairly cheap things, and don’t buy with the expectation of making money, so don’t see much reason to stop.
|
|
Pawel
Junior Member
Posts • 3,733
Likes • 3,213
June 2015
|
Anyone out there still buying art?, by Pawel on May 28, 2023 22:01:28 GMT 1, Almost $2 billion worth of art was sold by the three major houses—Christie’s, Sotheby’s, and Phillips—over the course of two weeks.
Almost $2 billion worth of art was sold by the three major houses—Christie’s, Sotheby’s, and Phillips—over the course of two weeks.
|
|
drbf
New Member
Posts • 292
Likes • 160
December 2017
|
Anyone out there still buying art?, by drbf on May 29, 2023 0:39:45 GMT 1, Almost $2 billion worth of art was sold by the three major houses—Christie’s, Sotheby’s, and Phillips—over the course of two weeks. I think last year was 2.5 billion …….. not bad
Almost $2 billion worth of art was sold by the three major houses—Christie’s, Sotheby’s, and Phillips—over the course of two weeks. I think last year was 2.5 billion …….. not bad
|
|
iamzero
Full Member
Posts • 9,190
Likes • 8,542
May 2011
|
Anyone out there still buying art?, by iamzero on May 29, 2023 6:56:19 GMT 1, Short answer for me is not really. Combination of the stuff for sale right now not being my taste and the stuff I would buy being way out of my budget. Another factor would be that my spending money has been diverted elsewhere lately.
Short answer for me is not really. Combination of the stuff for sale right now not being my taste and the stuff I would buy being way out of my budget. Another factor would be that my spending money has been diverted elsewhere lately.
|
|
|
Anyone out there still buying art?, by shoottheglass on May 29, 2023 12:54:53 GMT 1, Cheap money and borrowing! That's all gone now. Obviously, but we were discussing investing your own money, not someone else's. Wait, were people here buying art with borrowed money? That would be a real problem indeed, but my point is, people looking to invest their money should equally be looking at buying art right now, than a few years ago in the zero interest rate era, even with what seems decent rates parking your money in a bank account, because inflation. What's the difference? All money is debt at the end of the day!
It's just that the last 10+ years have made it a lot less of a concern for most. It's only now that people are realising that they got a little carried away that makes them twitchy.
Cheap money and borrowing! That's all gone now. Obviously, but we were discussing investing your own money, not someone else's. Wait, were people here buying art with borrowed money? That would be a real problem indeed, but my point is, people looking to invest their money should equally be looking at buying art right now, than a few years ago in the zero interest rate era, even with what seems decent rates parking your money in a bank account, because inflation. What's the difference? All money is debt at the end of the day! It's just that the last 10+ years have made it a lot less of a concern for most. It's only now that people are realising that they got a little carried away that makes them twitchy.
|
|
|
Anyone out there still buying art?, by The Italian One on May 29, 2023 13:36:36 GMT 1, You are all over thinking. In an era of zero percent interest rates, art was attractive. Now I can put £100k in a standard bank account and earn 5%. The whole market is crashing down as recession hits and people need to sell to raise cash. It’s a race to the bottom and a buyers market for the next decade at least. Enjoy your framed doormats cos no1 is gonna buy them from you until at least 2032. please tell me who is giving you 5% on a standard account ... (europe)
You are all over thinking. In an era of zero percent interest rates, art was attractive. Now I can put £100k in a standard bank account and earn 5%. The whole market is crashing down as recession hits and people need to sell to raise cash. It’s a race to the bottom and a buyers market for the next decade at least. Enjoy your framed doormats cos no1 is gonna buy them from you until at least 2032. please tell me who is giving you 5% on a standard account ... (europe)
|
|
alberti
New Member
Posts • 133
Likes • 91
February 2023
|
Anyone out there still buying art?, by alberti on May 29, 2023 13:53:14 GMT 1, Not really. I joined this forum many years for my love of street and propaganda art... Here, we are 15+ years, street art being in galleries, blue galleries and museums. Even Kidult fell for it This said, the above discussion about investment is fascinating; I do think that most people are right putting their money in art instead of bank, if they do their searches, learn and buy at cost. And that's why I am out! I came here to enjoy street art, not to be part of the system. I have a good life so really, making more money by constantly buying/flipping stuff is not my motto. And the market is oversaturated and expensive... also I live very far so buying, shipping and all is hell (so far, 45% tax/import duties). Collectors remain collectors, I had moved to a cheaper and friendlier collection and I really enjoy it.
Things I would have done differently: a) Move to Europe and mingle with the art people (yes, as someone said, wanna good deal, you need to leak ass and be there); b) Create a company and buy stuff company assets; c) Not to bother with prints, get a few canvas; d) Mingle with more "blue" people so that canvas are sold with big markup e) Repeat again and again.
Sounds boring!!!
Not really. I joined this forum many years for my love of street and propaganda art... Here, we are 15+ years, street art being in galleries, blue galleries and museums. Even Kidult fell for it This said, the above discussion about investment is fascinating; I do think that most people are right putting their money in art instead of bank, if they do their searches, learn and buy at cost. And that's why I am out! I came here to enjoy street art, not to be part of the system. I have a good life so really, making more money by constantly buying/flipping stuff is not my motto. And the market is oversaturated and expensive... also I live very far so buying, shipping and all is hell (so far, 45% tax/import duties). Collectors remain collectors, I had moved to a cheaper and friendlier collection and I really enjoy it. Things I would have done differently: a) Move to Europe and mingle with the art people (yes, as someone said, wanna good deal, you need to leak ass and be there); b) Create a company and buy stuff company assets; c) Not to bother with prints, get a few canvas; d) Mingle with more "blue" people so that canvas are sold with big markup e) Repeat again and again. Sounds boring!!!
|
|
|
|
Jaylove
Junior Member
Posts • 1,596
Likes • 1,073
November 2016
|
Anyone out there still buying art?, by Jaylove on May 29, 2023 14:55:32 GMT 1, Took a look at some stuff I saved on eBay. Some of this stuff has been for sale for years and somehow the asking price is higher. Some sellers are delusional. Something doesn’t sell for years so the strategy is to ask for more.
Took a look at some stuff I saved on eBay. Some of this stuff has been for sale for years and somehow the asking price is higher. Some sellers are delusional. Something doesn’t sell for years so the strategy is to ask for more.
|
|
|
Anyone out there still buying art?, by its all about me on May 29, 2023 18:00:16 GMT 1, You are all over thinking. In an era of zero percent interest rates, art was attractive. Now I can put £100k in a standard bank account and earn 5%. The whole market is crashing down as recession hits and people need to sell to raise cash. It’s a race to the bottom and a buyers market for the next decade at least. Enjoy your framed doormats cos no1 is gonna buy them from you until at least 2032. please tell me who is giving you 5% on a standard account ... (europe) You can get 5.07% on a one-year fix savings account.
smartsavebank.co.uk/1-year-fixed-rate-saver
You are all over thinking. In an era of zero percent interest rates, art was attractive. Now I can put £100k in a standard bank account and earn 5%. The whole market is crashing down as recession hits and people need to sell to raise cash. It’s a race to the bottom and a buyers market for the next decade at least. Enjoy your framed doormats cos no1 is gonna buy them from you until at least 2032. please tell me who is giving you 5% on a standard account ... (europe) You can get 5.07% on a one-year fix savings account. smartsavebank.co.uk/1-year-fixed-rate-saver
|
|
topper
New Member
Posts • 261
Likes • 386
February 2023
|
Anyone out there still buying art?, by topper on May 29, 2023 18:45:30 GMT 1, With inflation at 7.8% (optimistic imo) you are losing money, tying up funds for a year, and boring yourself to an early grave.
With inflation at 7.8% (optimistic imo) you are losing money, tying up funds for a year, and boring yourself to an early grave.
|
|
Jimini Cricket
Junior Member
Posts • 1,836
Likes • 1,206
December 2017
|
Anyone out there still buying art?, by Jimini Cricket on May 30, 2023 0:23:44 GMT 1, If you bought with your eyes, you're safe. If you bought with your ears, like many on here have, bring out the Vaseline for some anal.
If you bought with your eyes, you're safe. If you bought with your ears, like many on here have, bring out the Vaseline for some anal.
|
|
|
Anyone out there still buying art?, by The Italian One on May 30, 2023 10:42:55 GMT 1, ohhh well didn't know UK was still in EU
ohhh well didn't know UK was still in EU
|
|
|
Anyone out there still buying art?, by its all about me on May 30, 2023 11:03:47 GMT 1, ohhh well didn't know UK was still in EU Sorry to be pedantic but you said 'Europe' not 'EU'. The UK is still part of Europe.
ohhh well didn't know UK was still in EU Sorry to be pedantic but you said 'Europe' not 'EU'. The UK is still part of Europe.
|
|
Wendero
New Member
Posts • 496
Likes • 469
January 2021
|
Anyone out there still buying art?, by Wendero on May 30, 2023 11:55:01 GMT 1, Art needs of market as market needs of art
Art needs of market as market needs of art
|
|
bookends
New Member
Posts • 365
Likes • 443
May 2022
|
Anyone out there still buying art?, by bookends on May 30, 2023 12:33:45 GMT 1, ohhh well didn't know UK was still in EU You said europe not the eu
ohhh well didn't know UK was still in EU You said europe not the eu
|
|
|
|
Anyone out there still buying art?, by Display_arts on May 30, 2023 19:02:19 GMT 1, Oh dear yes some people buy...this year more than 10 pieces...
- 2 André Butzer (1 still availeble on Schaefer Grafik) - 3 David Shrigleys - 3 AiWeiWei - 3 open Editions of Avant Arte
and some others...
It´s an absolute buyers market - like always if you are a collector.
I think the question that startet this thread is going from a flipper to other flippers.
The rest of us will buy if we see something that we like.
Oh dear yes some people buy...this year more than 10 pieces...
- 2 André Butzer (1 still availeble on Schaefer Grafik) - 3 David Shrigleys - 3 AiWeiWei - 3 open Editions of Avant Arte
and some others...
It´s an absolute buyers market - like always if you are a collector.
I think the question that startet this thread is going from a flipper to other flippers.
The rest of us will buy if we see something that we like.
|
|
Jaylove
Junior Member
Posts • 1,596
Likes • 1,073
November 2016
|
Anyone out there still buying art?, by Jaylove on May 31, 2023 3:51:05 GMT 1, Oh dear yes some people buy...this year more than 10 pieces... - 2 André Butzer (1 still availeble on Schaefer Grafik) - 3 David Shrigleys - 3 AiWeiWei - 3 open Editions of Avant Arte and some others... It´s an absolute buyers market - like always if you are a collector. I think the question that startet this thread is going from a flipper to other flippers. The rest of us will buy if we see something that we like. If it's a buyers market, some sellers have not gotten the memo yet.
Oh dear yes some people buy...this year more than 10 pieces... - 2 André Butzer (1 still availeble on Schaefer Grafik) - 3 David Shrigleys - 3 AiWeiWei - 3 open Editions of Avant Arte and some others... It´s an absolute buyers market - like always if you are a collector. I think the question that startet this thread is going from a flipper to other flippers. The rest of us will buy if we see something that we like. If it's a buyers market, some sellers have not gotten the memo yet.
|
|
drbf
New Member
Posts • 292
Likes • 160
December 2017
|
Anyone out there still buying art?, by drbf on May 31, 2023 4:01:12 GMT 1, Oh dear yes some people buy...this year more than 10 pieces... - 2 André Butzer (1 still availeble on Schaefer Grafik) - 3 David Shrigleys - 3 AiWeiWei - 3 open Editions of Avant Arte and some others... It´s an absolute buyers market - like always if you are a collector. I think the question that startet this thread is going from a flipper to other flippers. The rest of us will buy if we see something that we like. If it's a buyers market, some sellers have not gotten the memo yet. Give it a few more months!
Oh dear yes some people buy...this year more than 10 pieces... - 2 André Butzer (1 still availeble on Schaefer Grafik) - 3 David Shrigleys - 3 AiWeiWei - 3 open Editions of Avant Arte and some others... It´s an absolute buyers market - like always if you are a collector. I think the question that startet this thread is going from a flipper to other flippers. The rest of us will buy if we see something that we like. If it's a buyers market, some sellers have not gotten the memo yet. Give it a few more months!
|
|
ceriseris
New Member
Posts • 272
Likes • 336
October 2020
|
Anyone out there still buying art?, by ceriseris on May 31, 2023 8:22:05 GMT 1, I have a list of available prints that I want and tend to buy one or two a month. I fund this by selling anything that didn't make the wall.
I got at least 50+ prints I bought over the last 15yrs just sitting in a flat file. I assume this is the case for alot of people on here.
This month I purchased Cinta Vidal and Liqen, my outgoing was a Vhils
I have a list of available prints that I want and tend to buy one or two a month. I fund this by selling anything that didn't make the wall.
I got at least 50+ prints I bought over the last 15yrs just sitting in a flat file. I assume this is the case for alot of people on here.
This month I purchased Cinta Vidal and Liqen, my outgoing was a Vhils
|
|
Wanchope
Junior Member
Posts • 1,349
Likes • 1,153
February 2020
|
Anyone out there still buying art?, by Wanchope on May 31, 2023 9:40:28 GMT 1, Love Cinta and have a few myself. Yes I think a lot of us are similar!
Love Cinta and have a few myself. Yes I think a lot of us are similar!
|
|
nobokov
Junior Member
Posts • 4,868
Likes • 6,778
February 2016
|
Anyone out there still buying art?, by nobokov on Jun 1, 2023 18:58:01 GMT 1, Oh dear yes some people buy...this year more than 10 pieces... - 2 André Butzer (1 still availeble on Schaefer Grafik) - 3 David Shrigleys - 3 AiWeiWei - 3 open Editions of Avant Arte and some others... It´s an absolute buyers market - like always if you are a collector. I think the question that startet this thread is going from a flipper to other flippers. The rest of us will buy if we see something that we like. I wouldn't say it's a buyers market. Just looking at all these for sale posts, the prices are ridiculous for prints. I guess that's a consequence of company's jacking up their primary prices to flipper rates, and resellers thinking there's an actual secondary market for those overly expensive prints.
Oh dear yes some people buy...this year more than 10 pieces... - 2 André Butzer (1 still availeble on Schaefer Grafik) - 3 David Shrigleys - 3 AiWeiWei - 3 open Editions of Avant Arte and some others... It´s an absolute buyers market - like always if you are a collector. I think the question that startet this thread is going from a flipper to other flippers. The rest of us will buy if we see something that we like. I wouldn't say it's a buyers market. Just looking at all these for sale posts, the prices are ridiculous for prints. I guess that's a consequence of company's jacking up their primary prices to flipper rates, and resellers thinking there's an actual secondary market for those overly expensive prints.
|
|
orchid
Junior Member
Posts • 1,450
Likes • 1,135
May 2018
|
Anyone out there still buying art?, by orchid on Jun 9, 2023 18:29:49 GMT 1, Picked up couple of works at Phillips.. eyeing few bits at Roseberry, Chiswick next. Always satisfying buying in a crisis.
Picked up couple of works at Phillips.. eyeing few bits at Roseberry, Chiswick next. Always satisfying buying in a crisis.
|
|
LJCal
Junior Member
Posts • 2,817
Likes • 4,225
December 2019
|
Anyone out there still buying art?, by LJCal on Jun 10, 2023 0:44:24 GMT 1, Oh dear yes some people buy...this year more than 10 pieces... - 2 André Butzer (1 still availeble on Schaefer Grafik) - 3 David Shrigleys - 3 AiWeiWei - 3 open Editions of Avant Arte and some others... It´s an absolute buyers market - like always if you are a collector. I think the question that startet this thread is going from a flipper to other flippers. The rest of us will buy if we see something that we like. If it's a buyers market, some sellers have not gotten the memo yet. It's in the post, expedited service
Oh dear yes some people buy...this year more than 10 pieces... - 2 André Butzer (1 still availeble on Schaefer Grafik) - 3 David Shrigleys - 3 AiWeiWei - 3 open Editions of Avant Arte and some others... It´s an absolute buyers market - like always if you are a collector. I think the question that startet this thread is going from a flipper to other flippers. The rest of us will buy if we see something that we like. If it's a buyers market, some sellers have not gotten the memo yet. It's in the post, expedited service
|
|