If you had a Banksy original to sell, would you...

[nacional]

....put it with a gallery (if so...which one)...an auction site (which one)...or go for a private sale??

I am looking to max my return...know the %'s that the first 2 options carry...just looking for some pragmatic advice..

And just so ya know..it's my Paranoid Pics that I floated out a while ago but got cold feet about..

Anyone an idea re price...95k sterling??

[mouser]

Dec 21, 2014 20:26:49 GMT 1 nacional said:

....put it with a gallery (if so...which one)...an auction site (which one)...or go for a private sale??

I am looking to max my return...know the %'s that the first 2 options carry...just looking for some pragmatic advice..

And just so ya know..it's my Paranoid Pics that I floated out a while ago but got cold feet about..

Anyone an idea re price...95k sterling??

Take your chances with a decent auction house? Negotiable percentages are usually an option when putting a high interest item in their auction. Wouls avoid auction sites like the plague for something like an original, as for a gallery... Would have to be a good one. Thought about approaching laz? See what they can do? Might be on comission, but folk have been known to pay a premium to buy from a recognised source. 

[dotdot]

.. not too sure what to say - having gone through my collection i have nothing to offer you sadly.

on the other hand ... i'd suggest the temporary madness which visits you on occasion ( shall i / shall i not..) to be indicative of .... something akin to acute seasonitis .. it'll pass and you'll be right as rain .. after christmas.

no doubt you've had a few emails by now...(making you think you're ok ... spondoolics.. in the air... perhaps ) ..but i'll remind you.. via this thread.. that .. your madness will pass.... (we hope.. )

stay cool.
..

[Sohoria]

Hope you're well Nacional.

As Anyone that owns an original would say hold on unless you really need to sell. 2015 think will be a big year for him but In order would be below.

Private sale.
Gallery.
Auction house.

[Deleted]

Do what Mouser reckons, with the codicil of telling Laz you are looking to clear at least 100k GBP.

or simply invite offers over and above 100k GBP, name the price!.

A nice dilemma to be in though.

[Nick]

I'd say approach Laz or Andipa. Auction's are going to charge a hefty %. The galleries no doubt will agree for less, especially if it's shown there as it's a draw for customers. And as mouser said buying from a reputable gallery may lead to an elevated price.

[Dungle]

I would do whatever it takes not to sell it.

[SW20]

Would suggest you talk to Gall and auction houses to get a bit of a feel for things they will also give a decent estimation of what you can expect.
decent name galleries like Laz / andipida, Castle etc will give you a feel. Auction Houses Bonhams or Christies.

After all that you can then also look at the private sale option with a better idea of what to ask for. if you want to go that route.

[Deleted]

"If you had a Banksy original to sell, would you..."

... sell everything in your possession except the canvas? - YES!


Missed the amount in original message.... 100K GBP? .... Yes i would sell it! 

[Deleted]

alright calm down banksy isn't the be all and end of all of life

[Hubble Bubble]

If I could realise £100k for something I paid £150 for then I'd sell it.
No brainer.
I would sell it privately through a contact or contacts that I trusted to max my return without paying stupid commissions.
Good luck with your decision nacional - 'Paranoid' is one of my favourite Banksys
HB

[Deleted]

Dec 22, 2014 11:29:43 GMT 1 Hubble Bubble said:

If I could realise £100k for something I paid £150 for then I'd sell it.
No brainer.
I would sell it privately through a contact or contacts that I trusted to max my return without paying stupid commissions.
Good luck with your decision nacional - 'Paranoid' is one of my favourite Banksys
HB

You are right! I would also sell it if you can clear that amount... wow! 
I would contact some friendly galleries to do the sale (or even sell it to a gallery).

[Ponyboy Curtis]

Dec 21, 2014 21:16:53 GMT 1 Sohoria said:

Hope you're well Nacional.

As Anyone that owns an original would say hold on unless you really need to sell. 2015 think will be a big year for him but In order would be below.

Private sale.
Gallery.
Auction house.

Hi
Curious to know why you think 2015 would be a big year for an artist who's not released anything for 4 years. I think you're probably right as demand >> Supply but if you could add any more...

[nacional]

Thanks for all responses...private sale it will be...in conjunction with Laz and maybe Opus...will get a for sale up on here in correct thread in next few days...Paranoid and my Soup Can colorway...anyone want to come in with a bid please feel free...

[kbfrombk]

bless you nacional. enjoy

[randomname]

I'd sell it. I'm sure it's a pretty picture and all, but £100k could buy a lot of pretty pictures to replace it. And a boat.

As far as how to go about it, it's been a while since I've sold anything for £100k+. And that involved a mortgage. So I'd go with whatever someone else said.

[Deleted]

If I came across one in a car flea market jumble sale by accident and it was a print which was authenticated.

I would sell it if it was authenticated.

If it wasn't authenticated I would just forget I had it.

If it was an original sprayed on an old bit of plywood or car door etc or cow.

I would wait for the cow to die then taxidermy it with the art on the cow and offer it to Bank Bobber or that Twizzler bloke in Miami, with dried cow pancakes as proof of authneticity cos one would have Banksy's footprint in it at least.


For the original on plywood or car door, I would offer them also to Bankbobber and Twissler and if they refused or offered to sell them on sale or return. I would be very disdainful towards them both.

[rosh]

I keep it or make a deal with Laz

[yoyosh]

I'd think an international dealer or auction house could maximize eyes on the piece and then price goes up from there.
Regardless I'd love to see pics of it (and any other Banksy originals that forum members have!)
Good luck nacional!

[ABC]

I would not sell unless no other option.

[thomasmer]

Keep it for another 10 years, prices havent peaked, far from it.

[tan33]

Sell it without a second thought.

[munlennial]

You will get more via private sale. Know how to market your piece. If you pay an auction house you are a lazy sucker.

good luck

[aa]

To flip it around, how would you BUY a £100k piece?

Would you really trust a private sale, unless it was from a known associate? I'm not sure I would.

Regarding gallery vs auction, it'd depend how badly I needed the money. A gallery will agree a set price, but with an auction who knows what it could achieve? If you can afford to gamble, you could get a bit more. If you can't then I'd say it has to be the gallery,

Whatever option you take, you should end up a winner!

[Deleted]

I'd write an email to Angelo M. at Doyle New York and see what he thinks and when they're next street art auction is. If you two can negotiate a decent percentage and you're happy with the estimate then ship it over for the viewing and auction. Obviously you can counter with Christies and Sotheby's as well if you'd like.

[Cornish Crayon]

Why would you sell it, while its sitting on your wall it's not worth a penny !!!!!