[raiden]

We're not talking about the one guy who puts one up for a "Buy It Now" for some stupid price where it sells in 20 seconds. Nor the one listing that goes for £200 less than all the others because it sounds a little suspect.

What price do you think you will reasonably be able to get this print on Ebay for three weeks to two months after it comes out?

Discuss.

[G-Man]

This is wholly dependant upon the size of the edition and how many colourways it is released in. When the flood hits Ebay, if the edition is similar to the last couple of releases I would say about £1450

[spencerlee]

Last time I speculated on how much a print (a different one) would go for on ebay before it was sold, I was shot down in flames for encouraging flipping. So just to warn you.

My argument then was that this place is a haven for flippers anyway, who don't need any telling to flip.

[manty]

unbelievable thread

[raiden]

Thanks for the heads up Spencerlee...

And people are going to hate me for saying this...

But I think its naive to expect anyone not to try to take advantage of a situation where they can profit 300% by winning the opportunity to purchase a piece of paper. Particularly when the total net profit of possibly £1,000 equates to:

218 hours worked at the US minimum wage
3 weeks worth of Unemployment checks, if you're collecting the maximum amount allowed in California
39 weeks worth of Unemployment, if you're collecting the minimum amount in California
4% of the total income of the average American 25+
One months mortgage + food given the median prices for each per month in the US

So yes, I understand the frustration with flippers, but selling a print allowed me to pay my rent when I lost my job in 2009. I seriously have no idea what i would have done if I didn't turn the $50 Obama Shep Progress print I had in a tube into a $3000 at that time.

So...

If a kid is scraping by each month to make tuition flips this print more power to him.
And if some Dad is having trouble putting food on the table and paying the mortgage, flip away.
I got to say, I can't even really fault someone for flipping it merely because they want to afford to finally take their wife out, when every month they weren't sure how they'd be able to and still pay all the bills.

And like it or not, Banksy prints for many people are less pieces of paper with art to be appreciated, and more a piece of paper that's a better bet than a lottery ticket.

Hate away for me saying it, but I just can't fault anyone for flipping a print when it affords them the ability to not stress about their entire mortgage for a month.

We're not talking £50 here, we're talking the mortgage of most people for a month or the car payment of some people for 6 months.

If Banksy doesn't like it, he should release more prints.

I for one am dying for a Banksy, so I would never dream of flipping it.

[I like pictures]

To be fair radian if someone is struggling that much to put food on the table or make car/mortgage payments i doubt they'd have £450 to spare for a print and then wait for it to arrive before flipping it or risk having their order cancelled. I think most people that flip the print probably have enough cash to pay for those items in the first place but see an opportunity to make a quick buck on an item that will always sell if sensibly priced.

[G-Man]

If I miss out on one from source I hope that there are loads flipped on Ebay driving down the prices and allowing me to pick one up there for not too bad a price..... just my two penneth worth

[raiden]

Dec 9, 2010 9:55:21 GMT 1 I like pictures said:

To be fair radian if someone is struggling that much to put food on the table or make car/mortgage payments i doubt they'd have £450 to spare for a print and then wait for it to arrive before flipping it or risk having their order cancelled. I think most people that flip the print probably have enough cash to pay for those items in the first place but see an opportunity to make a quick buck on an item that will always sell if sensibly priced.

I agree that its not likely the utterly destitute can afford the £450 upfront cost.

But take simply the unemployed - which comprises approximately 30 million Americans at the moment. Most have no idea how they'll make ends meet long term, but still have a credit card to charge £450 to if it meant flipping a print for £1500.

[I like pictures]

Fair point.

[Winter]

I'm still surprised they don't release these at at least £1000.

[grafik]

i dont have a problem with people flipping at all, we all have different situations.

3 people I know Qued last year for NBG to flip it, and it paid their tutition fees for a term.

just because we dont like it, doesnt mean its wrong.

[I like pictures]

On a second note, I hope 30 million Americans don't try and buy this as it would seriously dent my chances of getting one, not that I've been lucky in the past.

[balibob]

Flipping the new Banksy print is going to happen, everyone know it. Those who really want it will keep it, but lets face it, it is £1500 guaranteed in the bank if you get one. We had to pay the price on ebay for Donuts and if you really want one, for most of us, ebay will be the only option.

[Existencil]

With the market the way it is, hard times and all that, you won't get much more than cost. You might make £50 - £100 but no more.

I wouldn't bother.

[wizzy]

I reckon this thread will just act as an average price guide to a potential seller as to what he can offer it at wont it?. Hope you are right there Existencil but i reckon a fair chunk more.

[curiousgeorge]

This thread is lacking a 101 in how to list a print on ebay no

[Sundowner]

Dec 9, 2010 9:08:07 GMT 1 Manty said:

unbelievable thread

Agreed

[fingerz]

this thread is an idea platform for flippers to get a price on how much people are willing to pay an the secondary market

[I like pictures]

£450

[fingerz]

Dec 9, 2010 11:50:32 GMT 1 I like pictures said:

£450

exactly is only worth £450...£500 at the most

[Deleted]

why are threads like this allowed to pop up on this forum? This topic isnt News, Gallery News or New Print news, its just speculation and a discussion point for pending flippers.

I really do hope less people on this forum get the opportunity to buy the new Banksy print - from what I have read, its not the art that seems to be the point of interest, but the price.

[balibob]

Dec 9, 2010 11:55:37 GMT 1 Joe Valentino said:

why are threads like this allowed to pop up on this forum? This topic isnt News, Gallery News or New Print news, its just speculation and a discussion point for pending flippers.

I really do hope less people on this forum get the opportunity to buy the new Banksy print - from what I have read, its not the art that seems to be the point of interest, but the price.

Although i sort of agree with you and Fingers, it is the hot topic at the moment, and realistically the flippers dont need a 'guide' they are going to ebay the thing anyway

[spencerlee]

Dec 9, 2010 8:48:05 GMT 1 spencerlee said:

Last time I speculated on how much a print (a different one) would go for on ebay before it was sold, I was shot down in flames for encouraging flipping. So just to warn you.

My argument then was that this place is a haven for flippers anyway, who don't need any telling to flip.

I've just remembered, I didn't even start the thread. I answered somebody else's question and got blamed.

I have never obtained a Banksy print at source despite trying for the last 5 years, so I have no love for flippers. Missing out on a print and seeing it on ebay 10 minutes later for 3 x price is galling.

[F*X]

unbelievable thread

Totally agree

[artsmybag]

Dec 9, 2010 10:33:42 GMT 1 Winter said:

I'm still surprised they don't release these at at least £1000.

Yes me too..

Since it is far nearer its true market value

[OutsideIn]

Dec 9, 2010 12:16:30 GMT 1 F*X said:

unbelievable thread

Totally agree

yea.

really no point to it at all.

obv its going to be worth more but who gives a fook, if your gonna keep it, it doesnt matter.

people will sell, but thats because people are not stupid, but the clever are not stupid enough to sell.

but it is very sour to see a thread like this.

[saint]

yeah sorry i agree, ridiculous thread that not only gives flippers an idea but also seems to suggest that we on this forum actively encourage it.

[Daniel Silk]

If you come across a thread you dont like, then try not to post on it by posting your just bumping it up to the top for more people to read.

[Happy Shopper]

Everything that's wrong with this Forum, summarised in a single thread.

[Daniel Silk]

Dec 9, 2010 12:43:50 GMT 1 Happy Shopper said:

Everything that's wrong with this Forum, summarized in a single thread.

People wanting a Banksy print, and realizing they might be need to buy it via ebay Its just reality.