Deleted
๐จ๏ธ 0
๐๐ป
January 1970
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Deleted on Feb 25, 2021 14:29:56 GMT 1, I said in another thread we're seeing a flood of prints in the next few weeks, and naturally, prices are going to drop with so many coming to market. If people want to get their top value, they need to be patient, hold on to them and let the demand-to-supply ratio increase.
I said in another thread we're seeing a flood of prints in the next few weeks, and naturally, prices are going to drop with so many coming to market. If people want to get their top value, they need to be patient, hold on to them and let the demand-to-supply ratio increase.
|
|
eyectopus
Junior Member
๐จ๏ธ 1,104
๐๐ป 794
June 2008
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by eyectopus on Feb 25, 2021 14:30:23 GMT 1, A big drop for Grannies, they had been around 55k the last few months and very consistent until today. Other prints had been bouncing about in price though. Bomb Middle England had been up and down the last few auctions to what is probably a record price now. There had not been any BMEs for a long time, but a good few have come up recently. Very true.
The unsigned HMV also did quite well after the other unsigned prints went for those lower prices.
It looks like we might be entering into a period of volatility for the unsigned prints...
I just had a look at the Grannies condition report. It seems to have had condition issues. That may have been a factor also.
A big drop for Grannies, they had been around 55k the last few months and very consistent until today. Other prints had been bouncing about in price though. Bomb Middle England had been up and down the last few auctions to what is probably a record price now. There had not been any BMEs for a long time, but a good few have come up recently. Very true.
The unsigned HMV also did quite well after the other unsigned prints went for those lower prices.
It looks like we might be entering into a period of volatility for the unsigned prints...
I just had a look at the Grannies condition report. It seems to have had condition issues. That may have been a factor also. |
|
u%hdjfka c
Junior Member
๐จ๏ธ 1,002
๐๐ป 1,130
January 2021
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by u%hdjfka c on Feb 25, 2021 14:31:41 GMT 1, Very true.
The unsigned HMV also did quite well after the other unsigned prints went for those lower prices.
It looks like we might be entering into a period of volatility for the unsigned prints...
I just had a look at the Grannies condition report. It seems to have had condition issues. That may have been a factor also.
Very true.
The unsigned HMV also did quite well after the other unsigned prints went for those lower prices.
It looks like we might be entering into a period of volatility for the unsigned prints...
I just had a look at the Grannies condition report. It seems to have had condition issues. That may have been a factor also. major factor might've been the West Country Prince stamp on the back |
|
Lazarus II
Junior Member
๐จ๏ธ 1,804
๐๐ป 2,429
August 2019
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Lazarus II on Feb 25, 2021 14:41:51 GMT 1, !!!! MOOB
!!!! MOOB
|
|
DOH
New Member
๐จ๏ธ 414
๐๐ป 570
July 2009
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by DOH on Feb 25, 2021 14:43:41 GMT 1, Is that an auction record for a signed LN?
Is that an auction record for a signed LN?
|
|
gross
New Member
๐จ๏ธ 180
๐๐ป 93
January 2020
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by gross on Feb 25, 2021 14:43:55 GMT 1, I said in another thread we're seeing a flood of prints in the next few weeks, and naturally, prices are going to drop with so many coming to market. If people want to get their top value, they need to be patient, hold on to them and let the demand-to-supply ratio increase.
This si not going to happen, by the end of the year will be over 1000 new works up there,
I said in another thread we're seeing a flood of prints in the next few weeks, and naturally, prices are going to drop with so many coming to market. If people want to get their top value, they need to be patient, hold on to them and let the demand-to-supply ratio increase. This si not going to happen, by the end of the year will be over 1000 new works up there, |
|
|
|
Graham H
Junior Member
๐จ๏ธ 2,304
๐๐ป 2,417
November 2012
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Graham H on Feb 25, 2021 14:47:43 GMT 1, Could also see it as a decent chance to buy if there is a belief in the artist ..Its not all about the two month flip.
I said in another thread we're seeing a flood of prints in the next few weeks, and naturally, prices are going to drop with so many coming to market. If people want to get their top value, they need to be patient, hold on to them and let the demand-to-supply ratio increase.
Could also see it as a decent chance to buy if there is a belief in the artist ..Its not all about the two month flip. I said in another thread we're seeing a flood of prints in the next few weeks, and naturally, prices are going to drop with so many coming to market. If people want to get their top value, they need to be patient, hold on to them and let the demand-to-supply ratio increase. |
|
fusion0001
New Member
๐จ๏ธ 146
๐๐ป 415
November 2019
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by fusion0001 on Feb 25, 2021 15:00:34 GMT 1, Just ran the results and updated on banksy-value.com
I think we are finally seeing a correction in the ratio between signed and unsigned:
- Overall index for Feb is down 4.3%, but it is an improvement vs pre-Bonhams, when it was down 5-6%
- Signed are pretty much flat (down 1%)
- Unsigned are down 6.5%
Just ran the results and updated on banksy-value.com I think we are finally seeing a correction in the ratio between signed and unsigned: - Overall index for Feb is down 4.3%, but it is an improvement vs pre-Bonhams, when it was down 5-6%
- Signed are pretty much flat (down 1%)
- Unsigned are down 6.5%
|
|
ECL
New Member
๐จ๏ธ 31
๐๐ป 20
April 2020
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by ECL on Feb 25, 2021 15:07:16 GMT 1, Do you think the trend of auction houses mixing art with other items such as cars / memorabilia or in this case dresses and shoes work?
Do you think the trend of auction houses mixing art with other items such as cars / memorabilia or in this case dresses and shoes work?
|
|
LJCal
Junior Member
๐จ๏ธ 2,979
๐๐ป 4,522
December 2019
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by LJCal on Feb 25, 2021 15:13:20 GMT 1, Some of the unsigned did fine, Flag, BME, HMV and IFTL were all strong in my view. Unsigned HC and PF probabaly disapointed a few people.
Some of the unsigned did fine, Flag, BME, HMV and IFTL were all strong in my view. Unsigned HC and PF probabaly disapointed a few people.
|
|
LJCal
Junior Member
๐จ๏ธ 2,979
๐๐ป 4,522
December 2019
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by LJCal on Feb 25, 2021 15:17:36 GMT 1, I think the issue is that people are looking to cash in on weaker images like your Grannies and Trollies and there simply isn't the demand to support recent prices. Stronger signed images seem to have done fine and are more likely to hold their value in my view.
I think the issue is that people are looking to cash in on weaker images like your Grannies and Trollies and there simply isn't the demand to support recent prices. Stronger signed images seem to have done fine and are more likely to hold their value in my view.
|
|
|
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by The Italian One on Feb 25, 2021 15:40:19 GMT 1, honestly I never saw a signed LN selling for more than an US GWRB..till today ( if I'm right)
honestly I never saw a signed LN selling for more than an US GWRB..till today ( if I'm right)
|
|
Poster Bob
Junior Member
๐จ๏ธ 5,890
๐๐ป 5,518
September 2013
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Poster Bob on Feb 25, 2021 15:46:19 GMT 1, Still waiting for Stop & Search to go up.
Still waiting for Stop & Search to go up.
|
|
E9Boy
New Member
๐จ๏ธ 285
๐๐ป 192
October 2020
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by E9Boy on Feb 25, 2021 16:55:36 GMT 1, Still waiting for Stop & Search to go up.
Still waiting for Stop & Search to go up. Thought it did ok considering there's another chance in a couple of weeks... |
|
|
|
kentkid
New Member
๐จ๏ธ 196
๐๐ป 48
May 2007
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by kentkid on Feb 25, 2021 17:01:02 GMT 1, Still waiting for Stop & Search to go up. It just did, today's selling price of ยฃ107k is an all-time high.
Still waiting for Stop & Search to go up. It just did, today's selling price of ยฃ107k is an all-time high. |
|
Poster Bob
Junior Member
๐จ๏ธ 5,890
๐๐ป 5,518
September 2013
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Poster Bob on Feb 25, 2021 17:09:39 GMT 1, Haha, I should have been clearer! I see it as one of Banksy's best, and think it, and Nola, are undervalued. I think both should consistently be at ยฃ150,000+.
Haha, I should have been clearer! I see it as one of Banksy's best, and think it, and Nola, are undervalued. I think both should consistently be at ยฃ150,000+.
|
|
JFCC
New Member
๐จ๏ธ 390
๐๐ป 394
May 2020
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by JFCC on Feb 25, 2021 17:16:06 GMT 1, Bonhams has always been a place to buy not to sell IMHO, even though they are very generous in their condition reports. They seem to think that buyers will want to buy a ยฃ500 old movie photo and a ยฃ200k signed print in the same auction room which just highlights how off the pace they are.
Price wise it this auction followed that trend we have seen. However, the 3 Rats only did well against no history! Forum had signed Gangsta Rat recently and that went for ยฃ130k all done. I would be disappointed at the prices achieved today and well done the buyers.
LN was a record but following the trajectory of LIITA should have done better. GWB was average but poor from Pulp Fiction, Trolleys and Grin. Grannies had condition issues, which must be bad for them to be that clearly noted!
Donuts doing well reflected the infrequency and the only surprise was Stop and Search which like Grin should be ยฃ100k print all day long.
Gloom and doom? No but certainly a raised eyebrow. Signed v Unsigned may well be resetting a little, especially due to over supply of certain prints, which is no bad thing and it now looks pretty clear that we are going to get at best normal (20%) or sub normal gains going forward as the fall in the overall index demonstrates. No need to panic just sit and watch!
Bonhams has always been a place to buy not to sell IMHO, even though they are very generous in their condition reports. They seem to think that buyers will want to buy a ยฃ500 old movie photo and a ยฃ200k signed print in the same auction room which just highlights how off the pace they are.
Price wise it this auction followed that trend we have seen. However, the 3 Rats only did well against no history! Forum had signed Gangsta Rat recently and that went for ยฃ130k all done. I would be disappointed at the prices achieved today and well done the buyers.
LN was a record but following the trajectory of LIITA should have done better. GWB was average but poor from Pulp Fiction, Trolleys and Grin. Grannies had condition issues, which must be bad for them to be that clearly noted!
Donuts doing well reflected the infrequency and the only surprise was Stop and Search which like Grin should be ยฃ100k print all day long.
Gloom and doom? No but certainly a raised eyebrow. Signed v Unsigned may well be resetting a little, especially due to over supply of certain prints, which is no bad thing and it now looks pretty clear that we are going to get at best normal (20%) or sub normal gains going forward as the fall in the overall index demonstrates. No need to panic just sit and watch!
|
|
E9Boy
New Member
๐จ๏ธ 285
๐๐ป 192
October 2020
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by E9Boy on Feb 25, 2021 17:59:58 GMT 1, Haha, I should have been clearer! I see it as one of Banksy's best, and think it, and Nola, are undervalued. I think both should consistently be at ยฃ150,000+.
I see, yes, letโs hope so...
Haha, I should have been clearer! I see it as one of Banksy's best, and think it, and Nola, are undervalued. I think both should consistently be at ยฃ150,000+. I see, yes, letโs hope so... |
|
Mass
New Member
๐จ๏ธ 163
๐๐ป 147
June 2020
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Mass on Feb 25, 2021 19:09:45 GMT 1, Always feel ungrateful with my decision to choose BME and flags when I could have bought other (did get choppers and LIITA too) but they are both great images. I have both framed whilst the other 2 are stored away!
Always feel ungrateful with my decision to choose BME and flags when I could have bought other (did get choppers and LIITA too) but they are both great images. I have both framed whilst the other 2 are stored away!
|
|
eyectopus
Junior Member
๐จ๏ธ 1,104
๐๐ป 794
June 2008
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by eyectopus on Feb 25, 2021 19:22:14 GMT 1, Always feel ungrateful with my decision to choose Bomb Middle England and flags when I could have bought other (did get choppers and LIITA too) but they are both great images. I have both framed whilst the other 2 are stored away!
I agree that LIITA and Choppers are great images. I also think that BME and Flags are great. BME is very underrated imo. I have one framed and it is very striking.
Always feel ungrateful with my decision to choose Bomb Middle England and flags when I could have bought other (did get choppers and LIITA too) but they are both great images. I have both framed whilst the other 2 are stored away! I agree that LIITA and Choppers are great images. I also think that BME and Flags are great. BME is very underrated imo. I have one framed and it is very striking. |
|
Mass
New Member
๐จ๏ธ 163
๐๐ป 147
June 2020
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Mass on Feb 25, 2021 21:00:33 GMT 1, Always feel ungrateful with my decision to choose Bomb Middle England and flags when I could have bought other (did get choppers and LIITA too) but they are both great images. I have both framed whilst the other 2 are stored away! I agree that LIITA and Choppers are great images. I also think that Bomb Middle England and Flags are great. Bomb Middle England is very underrated imo. I have one framed and it is very striking.
BME was how it all started for me, flicking through esquire magazine I saw an article in this unknown graffiti artist with the only image being BME and thought that will look cool in my first home was which cost me 60k. Iโve still got the sales particulars from when we sold it 18 months later for 120k and there in the lounge is BME hanging on the wall. Almost as much as we paid for the house!
Always feel ungrateful with my decision to choose Bomb Middle England and flags when I could have bought other (did get choppers and LIITA too) but they are both great images. I have both framed whilst the other 2 are stored away! I agree that LIITA and Choppers are great images. I also think that Bomb Middle England and Flags are great. Bomb Middle England is very underrated imo. I have one framed and it is very striking. BME was how it all started for me, flicking through esquire magazine I saw an article in this unknown graffiti artist with the only image being BME and thought that will look cool in my first home was which cost me 60k. Iโve still got the sales particulars from when we sold it 18 months later for 120k and there in the lounge is BME hanging on the wall. Almost as much as we paid for the house! |
|
eyectopus
Junior Member
๐จ๏ธ 1,104
๐๐ป 794
June 2008
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by eyectopus on Feb 25, 2021 21:21:44 GMT 1, I agree that LIITA and Choppers are great images. I also think that Bomb Middle England and Flags are great. Bomb Middle England is very underrated imo. I have one framed and it is very striking. Bomb Middle England was how it all started for me, flicking through esquire magazine I saw an article in this unknown graffiti artist with the only image being Bomb Middle England and thought that will look cool in my first home was which cost me 60k. Iโve still got the sales particulars from when we sold it 18 months later for 120k and there in the lounge is Bomb Middle England hanging on the wall. Almost as much as we paid for the house!
That is some jump in the price of your house it's a bit like the recent Banksy price rises  Thats cool that you saw BME in a magazine and could go and purchase it. Sorry I misread you first message, I thought you had LIITA and Choppers framed and not the other way around.
I agree that LIITA and Choppers are great images. I also think that Bomb Middle England and Flags are great. Bomb Middle England is very underrated imo. I have one framed and it is very striking. Bomb Middle England was how it all started for me, flicking through esquire magazine I saw an article in this unknown graffiti artist with the only image being Bomb Middle England and thought that will look cool in my first home was which cost me 60k. Iโve still got the sales particulars from when we sold it 18 months later for 120k and there in the lounge is Bomb Middle England hanging on the wall. Almost as much as we paid for the house! That is some jump in the price of your house it's a bit like the recent Banksy price rises Thats cool that you saw BME in a magazine and could go and purchase it. Sorry I misread you first message, I thought you had LIITA and Choppers framed and not the other way around. |
|
|
|
robo
Junior Member
๐จ๏ธ 1,582
๐๐ป 1,007
November 2006
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by robo on Feb 26, 2021 1:40:34 GMT 1, There are a few items a few ks lower than some other auctions (most notably the damaged Grannies and the Colour Trolleys), but these are record auction results for some including Choc Donuts and Stop & Search.
There are a few items a few ks lower than some other auctions (most notably the damaged Grannies and the Colour Trolleys), but these are record auction results for some including Choc Donuts and Stop & Search.
|
|
robo
Junior Member
๐จ๏ธ 1,582
๐๐ป 1,007
November 2006
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by robo on Feb 26, 2021 1:43:38 GMT 1, I think the issue is that people are looking to cash in on weaker images like your Grannies and Trollies and there simply isn't the demand to support recent prices.
I disagree that these are weaker; personally they are two of my favourite Banksys. Apparently the Grannies was damaged; I don't know about the Trollies.
I think the issue is that people are looking to cash in on weaker images like your Grannies and Trollies and there simply isn't the demand to support recent prices. I disagree that these are weaker; personally they are two of my favourite Banksys. Apparently the Grannies was damaged; I don't know about the Trollies. |
|
Mass
New Member
๐จ๏ธ 163
๐๐ป 147
June 2020
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Mass on Feb 26, 2021 9:26:16 GMT 1, Bomb Middle England was how it all started for me, flicking through esquire magazine I saw an article in this unknown graffiti artist with the only image being Bomb Middle England and thought that will look cool in my first home was which cost me 60k. Iโve still got the sales particulars from when we sold it 18 months later for 120k and there in the lounge is Bomb Middle England hanging on the wall. Almost as much as we paid for the house! That is some jump in the price of your house it's a bit like the recent Banksy price rises Thats cool that you saw Bomb Middle England in a magazine and could go and purchase it. Sorry I misread you first message, I thought you had LIITA and Choppers framed and not the other way around.
thought I best check my facts! Bought for 77k sold for 120k! Still got us off to a good start and now LIITA is worth more than that house potentially! My dad gave me the magazine, Iโm sure he thinks he deserves a share of the profits!
Bomb Middle England was how it all started for me, flicking through esquire magazine I saw an article in this unknown graffiti artist with the only image being Bomb Middle England and thought that will look cool in my first home was which cost me 60k. Iโve still got the sales particulars from when we sold it 18 months later for 120k and there in the lounge is Bomb Middle England hanging on the wall. Almost as much as we paid for the house! That is some jump in the price of your house it's a bit like the recent Banksy price rises Thats cool that you saw Bomb Middle England in a magazine and could go and purchase it. Sorry I misread you first message, I thought you had LIITA and Choppers framed and not the other way around. thought I best check my facts! Bought for 77k sold for 120k! Still got us off to a good start and now LIITA is worth more than that house potentially! My dad gave me the magazine, Iโm sure he thinks he deserves a share of the profits! |
|
Richy Rich
New Member
๐จ๏ธ 624
๐๐ป 865
September 2020
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Richy Rich on Feb 26, 2021 10:58:03 GMT 1, I think the issue is that people are looking to cash in on weaker images like your Grannies and Trollies and there simply isn't the demand to support recent prices. I disagree that these are weaker; personally they are two of my favourite Banksys. Apparently the Grannies was damaged; I don't know about the Trollies.
I think the issue is that people are looking to cash in on weaker images like your Grannies and Trollies and there simply isn't the demand to support recent prices. I disagree that these are weaker; personally they are two of my favourite Banksys. Apparently the Grannies was damaged; I don't know about the Trollies. I'd have to agree. Both classic Banksy prints. Think the huge quantity of trollies out there dilutes the love for them a bit think they're strong prints, especially the B&W edition. If that had been released as a small edition only it would be a very expensive print by now. Grannies is a bit more difficult. Not everyone wants a giant pink print with grannies knitting on their wall but it's still quintessentially Banksy and instantly recognisable as his work. |
|
LJCal
Junior Member
๐จ๏ธ 2,979
๐๐ป 4,522
December 2019
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by LJCal on Feb 26, 2021 11:36:59 GMT 1, I think the issue is that people are looking to cash in on weaker images like your Grannies and Trollies and there simply isn't the demand to support recent prices.ย I disagree that these are weaker; personally they are two of my favourite Banksys. Apparently the Grannies was damaged; I don't know about the Trollies.ย
Well itโs all subjective but historically in terms of value these have been cheaper prints and back end of last year they started closing the gap on other prints price wise, I think this was speculation as opposed to people genuinely buying these because they like them.
I think the issue is that people are looking to cash in on weaker images like your Grannies and Trollies and there simply isn't the demand to support recent prices.ย I disagree that these are weaker; personally they are two of my favourite Banksys. Apparently the Grannies was damaged; I don't know about the Trollies.ย Well itโs all subjective but historically in terms of value these have been cheaper prints and back end of last year they started closing the gap on other prints price wise, I think this was speculation as opposed to people genuinely buying these because they like them. |
|
F*X
New Member
๐จ๏ธ 556
๐๐ป 400
February 2009
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by F*X on Feb 26, 2021 11:50:22 GMT 1, There are a few items a few ks lower than some other auctions (most notably the damaged Grannies and the Colour Trolleys), but these are record auction results for some including Choc Donuts and Stop & Search.
This extra 5% is not shown on the all in price on Banksy value.
There are a few items a few ks lower than some other auctions (most notably the damaged Grannies and the Colour Trolleys), but these are record auction results for some including Choc Donuts and Stop & Search. The results Choc Donuts & Bomb middle England surprised me slightly as they were both total payed records. Even before the extra 5% of hammer price for import duty is added . This extra 5% is not shown on the all in price on Banksy value. |
|
Eton Groover
New Member
๐จ๏ธ 975
๐๐ป 1,031
February 2008
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by Eton Groover on Feb 26, 2021 13:05:32 GMT 1, BOOOOOOOOOOOOMMMMMMMM!!!!!!!!!!
Doh....
BOOOOOOOOOOOOMMMMMMMM!!!!!!!!!!
Doh....
|
|
gritty
New Member
๐จ๏ธ 232
๐๐ป 61
October 2007
|
Bonhams โข Art Auctions โข London ๐ฌ๐ง, by gritty on Feb 26, 2021 20:16:09 GMT 1, I disagree that these are weaker; personally they are two of my favourite Banksys. Apparently the Grannies was damaged; I don't know about the Trollies.ย Well itโs all subjective but historically in terms of value these have been cheaper prints and back end of last year they started closing the gap on other prints price wise, I think this was speculation as opposed to people genuinely buying these because they like them.
I donโt see this.
Flags was THE cheapest print of all and done perfectly well.
Grannies and trolleys are two of his best in my humble opinion.
I disagree that these are weaker; personally they are two of my favourite Banksys. Apparently the Grannies was damaged; I don't know about the Trollies.ย Well itโs all subjective but historically in terms of value these have been cheaper prints and back end of last year they started closing the gap on other prints price wise, I think this was speculation as opposed to people genuinely buying these because they like them. I donโt see this. Flags was THE cheapest print of all and done perfectly well. Grannies and trolleys are two of his best in my humble opinion. |
|
Thats cool that you saw BME in a magazine and could go and purchase it. Sorry I misread you first message, I thought you had LIITA and Choppers framed and not the other way around. 
