[18921892]

Let's see how these Banksy prints do, interesting to see the GWB perform post LIITB result.

[Richy Rich]

Nov 11, 2021 15:58:50 GMT 1 18921892 said:

Let's see how these Banksy prints do, interesting to see the Girl With Balloon perform post LIITB result.

It's Bonhams. Most likely a dream for buyers and a catastrophe for sellers. 

[JFCC]

I couldn’t put it better myself…a great place to buy but be very careful of the condition reports they are, in my own personal opinion, quite “generous”!

[iamzero]

Crap connection.

[dotdot]

..ok ... are we ... sitting comfortably ?

head in hands... ? or arms in the air ?

..

[Fuzzyduck121]

Suffice to say the long awaited correction is occuring

[visualverite]

95,000 pounds for balloon girl

[iamzero]

Some low prices there.

[18921892]

The GWB was not in great condition I heard.

[JFCC]

Bonhams is always a buyers auction. Prices are pretty much in line with everything seen in the last few months. Essentially we remain at Sept 2020 pricing which is still a pretty good place to be in my personal opinion!

[JFCC]

Nov 11, 2021 19:31:21 GMT 1 visualverite said:

95,000 pounds for balloon girl

You have to add 34% to that’s as that’s only the hammer price and it was not in the best condition and she so many have appeared of late buyers are rightly choosy!

[Deleted]

Nov 11, 2021 19:53:49 GMT 1 JFCC said:

Bonhams is always a buyers auction. Prices are pretty much in line with everything seen in the last few months. Essentially we remain at Sept 2020 pricing which is still a pretty good place to be in my personal opinion!

Agreed. Stability is what everyone needs

[E9Boy]

Glad I’m not chasing ID magazines..😉

[darren6]

For any Nick Smith fans out there, think his piece did pretty well.

Simpsons sold for £4,462

[irl1]

Nov 12, 2021 9:03:49 GMT 1 thedutchvenus said:

Can someone publish a list of the results if possible.

www.bonhams.com/auctions/26828/?bid_lot_no=5492487#/MR0_page=10&MR0_length=10&MR0_category=list&m0=0

[18921892]

Nov 11, 2021 19:31:21 GMT 1 visualverite said:

95,000 pounds for balloon girl

No it was a lot more than that I think £120k plus other fees added on to the eventual invoice. I would think close to £130k which is pretty good given the condition. Probably why it was put in to auction. Seller got £95k another reason not sell at auction unless you are have condition issues,

[kickthecat]

Nov 12, 2021 9:52:11 GMT 1 18921892 said:

Nov 11, 2021 19:31:21 GMT 1 visualverite said:

95,000 pounds for balloon girl

No it was a lot more than that I think £120k plus other fees added on to the eventual invoice. I would think close to £130k which is pretty good given the condition. Probably why it was put in to auction. Seller got £95k another reason not sell at auction unless you are have condition issues,

Honest Question

So when you are talking selling Banksy for the 10's of £1000s upwards where would you sell?

A well known auction house like Bonhams seems like a good idea surely?

[JFCC]

Nov 13, 2021 17:23:35 GMT 1 kickthecat said:

Nov 12, 2021 9:52:11 GMT 1 18921892 said:

No it was a lot more than that I think £120k plus other fees added on to the eventual invoice. I would think close to £130k which is pretty good given the condition. Probably why it was put in to auction. Seller got £95k another reason not sell at auction unless you are have condition issues,

Honest Question

So when you are talking selling Banksy for the 10's of £1000s upwards where would you sell?

A well known auction house like Bonhams seems like a good idea surely?

Bonhams were my favourite auction house for a long period of time, great people to deal with and very straight forward. However in my opinion, I think they have definitely lost their way in terms of catalogues, promotion of sales and condition reports, this is my own personal opinion I must stress. An example is the Pop x Culture sale which had so many lots, many were for a few hundred pounds, then they had a random Supreme LV trunk and then somewhere some excellent Banksy prints mixed in there. They also had some poor ones!!! Who an earth was the audience for that collection? I will add however I do buy from Bonhams as they are always the cheapest auction house but I prefer to try and do a deal with members here or with other parties that I know.

Forum are excellent and very honest brokers but they have just pushed to many Banksy only auctions and are in, in my opinion again, part the reason for the market indigestion we have seen all year. They have been a victim of their own success and as their reach is pretty limited to a relatively compact band of collectors it is hard to break the circle. They need to have less Banksy lots and a much wider number of artists that they assemble alongside.  

Sotheby's and Phillips are in my opinion the best at the moment. Their reach is far and away the best and advertising and marketing to their clientele much better than the rest. Christies are close but a little haphazard and are perhaps too honest in their estimates thus not creating an early enough frenzy feel either online or in the room. All three do however bring an excellent international reach to the equation and that is also good.

So if I was selling a Banksy print today, it would not be in a Banksy only sale. It would be in mixed catalogue of other urban and pop artists all with a similar quality and price range. Most likely it would be through Sotheby's or Phillips depending on who gave me the best deal of no sellers fees etc.

Just my view!!!

[pollz66]

There's some bargains to be had at Bonhams Prints and Multiples auction tomorrow including: 

Hirst, Banksy, Shrigley, Opie, Emin, Stik and this lovely Chris Levine Lightness Of Being Queen.



www.bonhams.com/auctions/26786/#/aa1=1&MR1_length=241&w1=list&m1=1

[kickthecat]

well well, well - certainly a buyers market today

[My Name is Frank]

Yep, shelving my retirement plans, christ the price of the Opie poster now!

[JFCC]

Another Bonhams buyers feast!!!

Out of 8 Banksy unsigned prints sold today 6 achieved new record lows!!!

Thank you for the bargains but who would ever sell there!!!

[Lazarus II]

Dec 9, 2021 17:08:07 GMT 1 JFCC said:

Another Bonhams buyers feast!!!

Out of 8 Banksy unsigned prints sold today 6 achieved new record lows!!!

Thank you for the bargains but who would ever sell there!!!

which prints were the record lows ?

[JFCC]

This is record lows, this year which is my measure of the state of the market or in this case the state of the auction house.

For example Love Rat sold yesterday at 20% more at Tate Ward (Hammer £25k TW v £20k at Bonhams)

All were unsigned

Happy Choppers,
B&W
Trollies,
IFTL,
HMV,
Grannies and
Love Rat

[tonys]

Dec 9, 2021 17:11:25 GMT 1 Lazarus II said:

Dec 9, 2021 17:08:07 GMT 1 JFCC said:

Another Bonhams buyers feast!!!

Out of 8 Banksy unsigned prints sold today 6 achieved new record lows!!!

Thank you for the bargains but who would ever sell there!!!

which prints were the record lows ?

the unsignes GWRB I think was a record high if not mistaken

[JFCC]

Dec 9, 2021 17:25:10 GMT 1 tonys said:

Dec 9, 2021 17:11:25 GMT 1 Lazarus II said:

which prints were the record lows ?

the unsignes Girl With Red Baloon I think was a record high if not mistaken

Actually Bonhams does have the record for an unsigned GWB, but it wasn't today it was in March this year at £328k (Hammer £262k).



That said £174k all in (hammer £130k) achieved today was actually a good result. Probably the only good result!!

[Unica]

Good result for the US GWB at £174k, given the condition. Must be the print to have moving forward, LIITA and LN have dropped off and GWB picking up steam following Love is in the Bin sale.

[irl1]

Dec 9, 2021 19:01:48 GMT 1 Unica said:

Good result for the US Girl With Balloon at £174k, given the condition. Must be the print to have moving forward, Love is in The Air and LN have dropped off and Girl With Balloon picking up steam following Love is in the Bin sale.

Yesterday Love is in the air sold for €200,000 + fees

www.invaluable.com/auction-lot/BANKSY-(N%C3%A9-en-1975)----LOVE-IS-IN-THE-AIR-2003--033463BA31

[Spenie]

I wonder what Artdelight will have to say?

[nobokov]

Another reminder why it's not a good idea to buy prints, especially these days.