[sammyman]

I'm thinking of letting go ONE of two of my Banksy pieces but I haven't been following the market for about 6 years and am lost on values. I have an unsigned Laugh Now and an unsigned Applause. Neither have COA, but I have emails from Dora confirming authenticity for both. Pest Control wasn't around when I bought these. What are these worth, and should I go through the trouble of Pest COA when I know they are legit and have confirmation from Dora long ago? Thanks!

[silvermyn]

Defo get the COA's, you'll get the cost of them back and then some.

The Applause should be around the £1,800.00 mark but the Laugh Now is probably worthless. Give it to me as a thank you for the advice on the COA's

P.S. Laugh Now around £2250.00 IMO

[bonsai]

L.N no COA 2000 pounds.

[bonsai]

X2 get the COA's if you have the emails and any documentation it will be
a quick process.

[Rubys]

I was offered 1200usd for an applause a couple of years ago.

Wish I picked it up, but didn't have wall space for such a huge piece

[londonboy]

I need a reality check.

I thought unsigned applause was 800. £

[maxf]

Applause isn't £1800 IMO - one has sat on eBay at that for weeks with no bids. Didn't prescription art have one at £1500 for a good while too? I'd say more like £1300 - maybe a bit more.

Laugh Now is a sought after print - £2750-£3000 maybe?

[JD]

Nov 8, 2013 5:47:08 GMT 1 londonboy said:

I need a reality check.

I thought unsigned applause was 800. £

I dont think any unsigned is under £1000 now is it ? Maybe Flag

[JD]

Nov 7, 2013 23:59:20 GMT 1 sammyman said:

I'm thinking of letting go ONE of two of my Banksy pieces but I haven't been following the market for about 6 years and am lost on values. I have an unsigned Laugh Now and an unsigned Applause. Neither have COA, but I have emails from Dora confirming authenticity for both. Pest Control wasn't around when I bought these. What are these worth, and should I go through the trouble of Pest COA when I know they are legit and have confirmation from Dora long ago? Thanks!

This interests me bacause of a conversation i had with a mate yesterday .Back in the day he bought signed Bombhugger, barcode and pulp fiction.I posted pic on here years ago. He had no idea about worth.He thought maybe 1k each ! He asked me the other day how much they are worth . After trying to buy them all for way under the market as a joke , I told him about the need for pest control.His actual answer was I am the original owner from POW, and pest control can poke it, the mugs. He isnt joking.
I also havent got pest control for a lot of mine. This is only because .I am lazy, it takes ages , ( edit and costs !) and Im not a seller.I do think i should though, in case they ever stop doing it. I wouldnt buy a Banksy without one btw, well not at market prices anyway.

[Manty]

Yeah

I have not had COAs for mine either

Cant be bothered

Should do it though

[brut]

I own 13 banksy prints. All purchased through POW except bomb hugger which was an ebay purchase back in 2005 but is now in my name on the POW records.
I do not have pest control certificates on any of my prints as I have no intention of selling them.
Judging by the last two posts there must be plenty of others out there in the same situation.

[JD]

Nov 8, 2013 9:06:57 GMT 1 brut said:

I own 13 banksy prints. All purchased through POW except bomb hugger which was an ebay purchase back in 2005 but is now in my name on the POW records.
I do not have pest control certificates on any of my prints as I have no intention of selling them.
Judging by the last two posts there must be plenty of others out there in the same situation.

And another pont BRUT is , it would cost you £650, me quite a bit less to get the certificates. Seems a rip off as mine are from POW too.

[Manty]

Nov 8, 2013 9:06:57 GMT 1 brut said:

I own 13 banksy prints. All purchased through POW except bomb hugger which was an ebay purchase back in 2005 but is now in my name on the POW records.
I do not have pest control certificates on any of my prints as I have no intention of selling them.
Judging by the last two posts there must be plenty of others out there in the same situation.

The only thing that goes sailing through my mind that makes me think i should sort sooner rather than later is.......

One of the late comers with correct POW trail gets around to applying for a COA. Pest find out it has the same number print as one that already has a COA.

what happens then?


 <Horror film music>

[Coach]

Nov 8, 2013 8:50:04 GMT 1 Manty said:

Yeah

I have not had COAs for mine either

Cant be bothered

Should do it though

Same here. But it's nagging at me.

[dotdot]

Hello.

Applause , going rate 1600 , and I should know...
Ln , 2400 ish IMO

With ref to other issues such as coas.. Few points to consider , swim into the weekend with.
Coa current price x
Say you had 5 prints , ages old no coa... Then they (coa price) went up to x plus 20 %. ...
Why would they ? Well as time goes on the amount of work pc have to do one each print will inevitably
Go up.. Hence at some point I anticipate .. They will.
Reaction, probably abject horror and revulsion .. At 'how could they'.. Followed by 'doh' ..'why didn't I..'

Chances are they will at some point..

Next... Anyone with a few insured ? The days of getting insurance on what is 'appreciating' art without coa.. Are coming to an end.. Mine used to say don't worry.. Now they don't.(they do say no coas in the vicinity as well)

There are more points to consider as I'm sure a few folks have on this touchy matter.. C'est la vie..

[maxf]

Also, what happens if PC stop trading? Or you croak and your loved ones inherit your assets - do you want them to have the hassles of 'no COA' prints if they want/need to sell?

I wouldn't be without COAs - despite having no intention of selling!

[Manty]

Yep, you're all right

it'll be this weekends project in between beers

[2badmice]

Ditto with me, have 1/2 dozen Banksy's none with the rip off COA. Most have confirmation of purchase from POW but I guess that wouldn't be enough for some people? I also, worry about duplicate numbering: POW were very loose at one time with their records, look at the Happy Choppers fiasco.

Time for me to get out the camera and lay down the rip off cash. Bah!!

[RBK]

Is there really a difference in price achieved if you are selling a print with full /confirmed provenance vs. Pest Control COA these days?

I was under the impression that a potential buyer of a print could confirm with Pest Control that the seller is the registered owner (and then once the sale is complete they can knock themselves out with a COA if they want). Is that not the case?

Provenance is a provable history of ownership. All my Banksy's are authentic; and I definitely don't have Pest Control COAs for all of them. Would love to hear what everyone thinks..

[kbfrombk]

Nov 8, 2013 21:10:29 GMT 1 RBK said:

Is there really a difference in price achieved if you are selling a print with full /confirmed provenance vs. Pest Control COA these days?

I was under the impression that a potential buyer of a print could confirm with Pest Control that the seller is the registered owner (and then once the sale is complete they can knock themselves out with a COA if they want). Is that not the case?

Provenance is a provable history of ownership. All my Banksy's are authentic; and I definitely don't have Pest Control COAs for all of them. Would love to hear what everyone thinks..

This is an interesting question... I've wondered if the POW COA thing is some sort of open public file accessible to any inquiry.

[RBK]

Nov 8, 2013 21:11:54 GMT 1 kbfrombk said:

Nov 8, 2013 21:10:29 GMT 1 RBK said:

Is there really a difference in price achieved if you are selling a print with full /confirmed provenance vs. Pest Control COA these days?

I was under the impression that a potential buyer of a print could confirm with Pest Control that the seller is the registered owner (and then once the sale is complete they can knock themselves out with a COA if they want). Is that not the case?

Provenance is a provable history of ownership. All my Banksy's are authentic; and I definitely don't have Pest Control COAs for all of them. Would love to hear what everyone thinks..

This is an interesting question... I've wondered if the POW COA thing is some sort of open public file accessible to any inquiry.

Or maybe that 'system' has been phased out, and COA is the new.  Can anyone else shed light?

[dkla]

Hey guys - as an older Banksy collector myself, I don't have Pest Control certificates for the older ones - they didn't provide them at the time.  But I have my POW email receipts filed away.  So what I'm saying is, if I was purchasing an older print, and the seller hadn't bothered to get the Pest Control on it but still had the original receipt with the print # matching, I'd be good to move forward with buying it.  I don't see the big deal with requiring Pest Control in this case. 

[dotdot]

..interesting points.

1/ the conf with pow situ is still in place afaik.
2/ the coa is belt and braces

1/ is not acceptable by the new generation.. ok by the old generation.
2/ is acceptable by all , generally.

which generarion are you ? aha ..

oh and yeah those auction house people - they like COA's covers them
..and insurance folks .. like them as well...especially if you never make a claim.

.. oh and no . don't call me helium.. ! (very few will get that.. aha!!)

[RBK]

This thread is bringing out some of my favorite people. Now, where's Clare?

And can someone please answer all my questions above based on your experiences?

[Quinnster]

If you are going to spend the sort of money that Banksys are fetching you want to be 100% sure it's legit the only way is pest control.

[dkla]

If I had a choice between two sellers, I personally would rather have the original POW receipt.  Also a bit of comfort for me knowing it has only been with one owner and not shlepped around the world over the past 10 years...

[dkla]

Nov 8, 2013 21:39:54 GMT 1 RBK said:

This thread is bringing out some of my favorite people. Now, where's Clare?

And can someone please answer my questions above based on your experiences?

Hey buddy - we need to catch up in general offline 

[kbfrombk]

Nov 8, 2013 21:47:46 GMT 1 dkla said:

If I had a choice between two sellers, I personally would rather have the original POW receipt.  Also a bit of comfort for me knowing it has only been with one owner and not shlepped around the world over the past 10 years...

absolutely meaningful there^

[2badmice]

I think one point that should be noted is that there has been issues within the Banksy organisation itself on numbering and that what is motivating me to get COA's: I bought a Happy Choppers form Lazarides way back whenever and I was contacted about a year later by POW who wanted to confirm where I had got my HC from, they were pretty cagey when I asked why they wanted to know but it looked like there was some F. up over numbering. If you haven't got COA I suggest that you get yours and get the edition number logged and in writing as yours. If I were to buy, I wouldn't just rely on COA's but would also want to know the provenance too and have some back up for that, just like any other art work.

I am an old time collector and I remember the days of the Birmingham printer and prints going around without numbers but which were non the less Banksy prints done by the other printers that were used in those days….all prints didn't just come from POW.

You old collectors out there with the old rarities, think about getting them registered just so that the back door prints with possible after sale numbering is not registered in the place of the 'real' one. Because POW can't rely on it's system or on the print itself.

Buyers don't just rely on the POW COA's look for provenance as well. It is something to think about.

[silvermyn]

Nov 8, 2013 21:47:46 GMT 1 dkla said:

If I had a choice between two sellers, I personally would rather have the original POW receipt.  Also a bit of comfort for me knowing it has only been with one owner and not shlepped around the world over the past 10 years...

I think the issue is that a POW receipt is a lot easier to forge than a COA.  If you want to check that a COA is genuine then POW have the exact other half of the Di Faced Tenner from the certificate.  There isn't that kind of security in place with a receipt.

Schelpped around the world or not, a COA stating the print is genuine is the kind of security people want when they are spending a lot of dough on a print.  Fifty quid is a small price to pay IMHO.