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Post by mike hunt on Jan 21, 2008 16:55:46 GMT 1
REGARDING BAST PRICING.......... Taken from BASTNY.com NEWS section. PRICING A few fans of BAST have asked us as to why the price of the TRASH & ROYALE Print is $1500? There are many factors we take into consideration when pricing a piece of work. These include SIZE, MEDIUM, EDITION and most importantly the time spent hand embellishing each piece. You'll notice that straight one color prints are priced much lower. We have always tried to be fair and reasonable when pricing work. From time to time we have offered smaller more reasonably priced pieces so everyone can afford to own one. Such as we did with our last release of "50" and Masquerade Sinatra". BAST has also from time to time included extra pieces of art in his De Papel books so others can own a one of a kind piece. Then there is the issue of reselling or as some like to call it "FLIPPING". Take a look on eBay. At any given time you will see auctions for BAST, BANKSY, FAILE and other artist's work priced much higher than for what the artist themselves sold it for. On top of that there are dozens of bids for each piece. Does it make any sense that someone who flips a piece of art should make more than the artist/creator? Many fans of BAST are artists themselves. I'm sure those artists can understand more than most the time it takes to create. Keep in mind we don't even monitor auctions sites like eBay and truly believe in a capitalist society. The links are often sent to us from other fans/friends. We actually don't see anything wrong with reselling a piece of art you've had for awhile for profit or to buy another. But there have been many time people have asked us for a deal or some other special treatment (which we have done from time to time) only to find out they are reselling it the next week for double what we sold it to them for. Lastly, art galleries price art according to demand. We try to keep our prices just below gallery prices as to make work accessible to fans and others who can't make it to the shows or gain access to previews. We do however still need to make sure we don't undercut as well. So as you can see there are many variables and we truly try to consider them all. So if you are feeling priced out remember to check back with us from time to time for smaller BAST pieces. And if you were one of the many that supported BAST early on and got some great deals well more power to ya! Now don't go and sell that "GOLFPUNK" print on eBay! The Art G*ds are watching! A sensible way to ensure longevity for the artist. Price it at what its worth (ie what people are willing to pay) and don't flood the market. Support the artist early on and you will reap the rewards. This is how it should be IMO. |
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Post by Guest on Jan 21, 2008 17:22:59 GMT 1
Please!!!
The prices are high but not expensive, specially the canvas piece and the low editions on paper.
Bast is one importaint artist and have not walue his art for a long time, I think that the flipping market last half year have been a real "buyersmarket" like Banksy for 2,5 years ago or Faile 1,5.
So dont worry, this is a absolutly normal reaction and its the same each time when a artist became famous ;D
I hope Bast dont need to have an extra work anymore to have afford making art!
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Post by Guest on Jan 21, 2008 17:33:19 GMT 1
Think it brings it home even more that we have to be grateful to Banksy for pricing his stuff within the range of mere mortals. add Shepard Fairey to the thankful list as well. Fair comment. |
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Post by bonesy on Jan 21, 2008 17:33:29 GMT 1
And how much would Banksy's representative(s) expect a mortal to pay for something that is hand embellished by him?  |
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Post by Run Pig Run on Jan 21, 2008 18:01:11 GMT 1
I don't really follow basts work but could somone tell me why one minute his prints are 20 pounds and the next they are hundreds of pounds?
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Post by bobbymeachamjr on Jan 21, 2008 18:02:06 GMT 1
doesn't mean they'll sell but his rationale is from all Santas Ghetto prints selling like pancakes
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Post by pezlow on Jan 21, 2008 18:19:59 GMT 1
doesn't mean they'll sell but his rationale is from all Santas Ghetto prints selling like pancakes Lol - think you mean hot cakes there bobby |
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Post by eddiedangerous on Jan 21, 2008 18:30:43 GMT 1
doesn't mean they'll sell but his rationale is from all Santas Ghetto prints selling like pancakes Lol - think you mean hot cakes there bobby lmao (laugh my ass off) |
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Post by bobbymeachamjr on Jan 21, 2008 20:19:34 GMT 1
lol I was having pancakes while typing - made me delusional
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Post by pramface on Jan 21, 2008 20:21:54 GMT 1
I don't really follow basts work but could somone tell me why one minute his prints are 20 pounds and the next they are hundreds of pounds? you really don't follow it do you. his prices for good hand finished pieces have always been fairly high. because his work is 10 times better than most of the dross discussed here |
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Post by pramface on Jan 21, 2008 20:23:40 GMT 1
doesn't mean they'll sell but his rationale is from all Santas Ghetto prints selling like pancakes WRONG basts work has always been sought after by people with a taste for raw, street work. his prices won't change because some chump buys a mickey for a few hundred quid |
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Post by bobbymeachamjr on Jan 21, 2008 20:33:11 GMT 1
doesn't mean they'll sell but his rationale is from all Santas Ghetto prints selling like pancakes WRONG basts work has always been sought after by people with a taste for raw, street work. his prices won't change because some chump buys a mickey for a few hundred quid believe what you want, Faile was selling for pennies on the dollar until they hooked up with the Mr B crowd... |
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Post by pramface on Jan 21, 2008 20:39:31 GMT 1
WRONG basts work has always been sought after by people with a taste for raw, street work. his prices won't change because some chump buys a mickey for a few hundred quid believe what you want, Faile was selling for pennies on the dollar until they hooked up with the Mr B crowd... OK let me illustrate. bast und erotik hand finished print in september/ october 07 = $1200 bast trash & royale with 10 times MORE hand finishing january 08 = $1500 believe me, his work has NEVER been pennies. cheaper than it is now? sure. but show me an artist who hasn't increased their prices. |
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Post by Guest on Jan 21, 2008 21:00:08 GMT 1
because his work is 10 times better than most of the dross discussed here I wouldn't go 10. 2 1/2, I might go 3 1/4, but definitely not 10. |
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Post by bobbymeachamjr on Jan 21, 2008 21:00:59 GMT 1
what were the edition sizes of the 2 prints you're comparing?
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Post by simococo on Jan 21, 2008 21:02:44 GMT 1
I love this new work, but I expect the hike at his 2008 gallery shows is gonna be mental
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Post by pramface on Jan 21, 2008 21:04:51 GMT 1
there were several und erotik variations. mostly one-offs a couple were 2 in the edition i think.
trash & royale is an edition of 43 as you probably know full well. but as i said look how much MORE hand finishing there is on t&r.
so edition size doesn't come into it frankly.
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Post by bobbymeachamjr on Jan 21, 2008 21:09:24 GMT 1
I love this new work, but I expect the hike at his 2008 gallery shows is gonna be mental 100% agreed. Drastically increasing ones prices without the justification is a very bad thing. Didn't his last show fail to sell a lot of pieces @lower prices? |
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Post by bonesy on Jan 21, 2008 22:29:07 GMT 1
Since BastNY went up people complain about the prices evry time new stuff goes up and every time the stuff just about sells out at a healthy pace. This stuff everyone is complaining about the prices on will sell too....... oh wait, besides 1 item, it already did.
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Post by olivier on Jan 21, 2008 23:46:33 GMT 1
two of the "cheap and dirty" prints sold for $3500 each despite the fact that they were not even visible on the site!
that's pretty amazing
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Post by francis on Jan 21, 2008 23:48:02 GMT 1
And how much would Banksy's representative(s) expect a mortal to pay for something that is hand embellished by him? This is a great point. Banksy doesn't touch his s**t once he's done with the OG, except to sign it (as far as we know, he actually signs them himself). A hand embellished editioned Banksy would go well in the upper 5 figures. |
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Post by aginghippie on Jan 22, 2008 6:32:38 GMT 1
Since BastNY went up people complain about the prices evry time new stuff goes up and every time the stuff just about sells out at a healthy pace. This stuff everyone is complaining about the prices on will sell too....... oh wait, besides 1 item, it already did. It's the way of the world. You follow an artist until they are no longer in your price bracket and then you find another who is. I'm selling an original at the moment and sadly the odds are that although I like their work I won't be able to replace it in the future because they are out of my price bracket now. But I'll take the money from that sale and buy three or four other pieces that I want from people who I can afford. |
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Post by gentlemental on Jan 22, 2008 7:32:07 GMT 1
All me can say is – Thank God for Dain.
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Post by jamesreeve5 on Jan 22, 2008 8:54:32 GMT 1
REGARDING BAST PRICING.......... Taken from BASTNY.com NEWS section. PRICING A few fans of BAST have asked us as to why the price of the TRASH & ROYALE Print is $1500? There are many factors we take into consideration when pricing a piece of work. These include SIZE, MEDIUM, EDITION and most importantly the time spent hand embellishing each piece. You'll notice that straight one color prints are priced much lower. We have always tried to be fair and reasonable when pricing work. From time to time we have offered smaller more reasonably priced pieces so everyone can afford to own one. Such as we did with our last release of "50" and Masquerade Sinatra". BAST has also from time to time included extra pieces of art in his De Papel books so others can own a one of a kind piece. Then there is the issue of reselling or as some like to call it "FLIPPING". Take a look on eBay. At any given time you will see auctions for BAST, BANKSY, FAILE and other artist's work priced much higher than for what the artist themselves sold it for. On top of that there are dozens of bids for each piece. Does it make any sense that someone who flips a piece of art should make more than the artist/creator? Many fans of BAST are artists themselves. I'm sure those artists can understand more than most the time it takes to create. Keep in mind we don't even monitor auctions sites like eBay and truly believe in a capitalist society. The links are often sent to us from other fans/friends. We actually don't see anything wrong with reselling a piece of art you've had for awhile for profit or to buy another. But there have been many time people have asked us for a deal or some other special treatment (which we have done from time to time) only to find out they are reselling it the next week for double what we sold it to them for. Lastly, art galleries price art according to demand. We try to keep our prices just below gallery prices as to make work accessible to fans and others who can't make it to the shows or gain access to previews. We do however still need to make sure we don't undercut as well. So as you can see there are many variables and we truly try to consider them all. So if you are feeling priced out remember to check back with us from time to time for smaller BAST pieces. And if you were one of the many that supported BAST early on and got some great deals well more power to ya! Now don't go and sell that "GOLFPUNK" print on eBay! The Art G*ds are watching! A sensible way to ensure longevity for the artist. Price it at what its worth (ie what people are willing to pay) and don't flood the market. Support the artist early on and you will reap the rewards. This is how it should be IMO. hahaha... I see Banksy and Faile on Ebay all of the time, but not Bast as much... a little big for his britches. |
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Post by jamesreeve5 on Jan 22, 2008 8:58:24 GMT 1
Since BastNY went up people complain about the prices evry time new stuff goes up and every time the stuff just about sells out at a healthy pace. This stuff everyone is complaining about the prices on will sell too....... oh wait, besides 1 item, it already did. It's the way of the world. You follow an artist until they are no longer in your price bracket and then you find another who is. I'm selling an original at the moment and sadly the odds are that although I like their work I won't be able to replace it in the future because they are out of my price bracket now. But I'll take the money from that sale and buy three or four other pieces that I want from people who I can afford. Buy a new artist and wait for the brits to price you out in 6 months (I think I have Hecox jotted down on my calendar for March or so). I'm liking this no karma business! |
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Post by pezlow on Jan 22, 2008 10:50:47 GMT 1
It's the way of the world. You follow an artist until they are no longer in your price bracket and then you find another who is. I'm selling an original at the moment and sadly the odds are that although I like their work I won't be able to replace it in the future because they are out of my price bracket now. But I'll take the money from that sale and buy three or four other pieces that I want from people who I can afford. Buy a new artist and wait for the brits to price you out in 6 months (I think I have Hecox jotted down on my calendar for March or so). I'm liking this no karma business! LOL |
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Post by amin on Jan 22, 2008 22:41:25 GMT 1
It would be interesting to see what his prices at his show will be...anyone know?
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Post by jamesreeve5 on Jan 22, 2008 22:59:54 GMT 1
just a guess but probably "two times what they were last year"...
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Post by mainartery on Jan 22, 2008 23:34:03 GMT 1
I think its a bonus when you don't see an artist on ebay, i think it shows that people don't want to let the work go and its in the collectors hands not the flippers.
As far as Bast prices, well i think its fine, he has to raise prices. For a start he's an international artist and the prints are a labour of love. The original pieces seem very reasonable, remember the audience for originals is very different from the print market. Artists will try to keep prints down for the lower end of the market (us) but i suppose the gigger buyers push these up as well.
I think the print market probably needs a bit of this, to keep work exclusive. It will however make us buy what we love, not just want we want.
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