[ak47tos]

It's looking increasingly likely that I'll need to sell my VLH. Buying a new house and there's a ton to do!
Original owner from POW lottery. Full Pest Control.
Framed to museum standard by MFM but selling without frame.
Based in Central London and would prefer a face to face sale.
Slightly unsure on pricing so I'm not avoiding a firm asking price deliberately but there have not been any recent sales of late. Last I can see was c. 12 months ago at £15,500 so offers in excess of £15,500 given upward trajectory on pricing since.

Photos attached and if you want any further info PM me. Thanks

[Nick]

Others will chime in, but don't sell this in a rush. My understanding is this is now a £22k+ print.

Just to add I don't own this or any signed Banksy prints so not trying to manipulate anything.

[Boyle44]

May 28, 2017 19:25:36 GMT 1 Nick said:

Others will chime in, but don't sell this in a rush. My understanding is this is now a £22k+ print.

Completely agree don't let this go for less. A very under rated print. Good luck with sale

[Deleted]

May 28, 2017 19:25:36 GMT 1 Nick said:

Others will chime in, but don't sell this in a rush. My understanding is this is now a £22k+ print.

One sold off Ebay for £17.5k last week so this is way off, gallery prices and actual sales prices are 2 different amounts

[Deleted]

May 28, 2017 19:27:24 GMT 1 Boyle44 said:

May 28, 2017 19:25:36 GMT 1 Nick said:

Others will chime in, but don't sell this in a rush. My understanding is this is now a £22k+ print.

Completely agree don't let this go for less. A very under rated print. Good luck with sale

Do you have a Very Little Helps?

[highflyer]

May 28, 2017 19:27:24 GMT 1 Boyle44 said:

May 28, 2017 19:25:36 GMT 1 Nick said:

Others will chime in, but don't sell this in a rush. My understanding is this is now a £22k+ print.

Completely agree don't let this go for less. A very under rated print. Good luck with sale

I disagree. I think it's very overrated. But each to their own.

[Laugh Now 10]

any Banksy edition with no unsigned counterpart (like a NOLA or GRIN REAPER, for example) deserves a premium. GLWTS.

[fingerz]

i'd contact the gallery's that have these up for sale for an idea on value (then knock a tenner off)

[ak47tos]

Thanks for the input thus far and yes it's clear from the offers I am already in receipt of that I've undercooked the valuation.

To answer a few questions:

1) The print is in mint condition but of course it has been framed but hung out of direct sunlight.

2) The reason the frame is not included is that it has a chip to the bottom of the frame. That said given that most interest thus far would like the frame included I shall email Gary and ask him whether the chipped bottom piece of the frame can be replaced. Then both print and frame will be mint.

[Larry David]

For what it's worth yes I have one let's get that out of the way , in my humble opinion a cracking print in the flesh, maybe underrated but in a white box frame looks the nuts.

Unless a fire sale,in today's market for a nice smallish edition signed print £22K does not seem crazy especially when a HMV was up for £30k.

VLH will always appeal more to the UK market but it's worth what someone is prepared to pay, don't give it away and GLWTS.

[Boyle44]

May 28, 2017 19:30:26 GMT 1 @frosty1979 said:

May 28, 2017 19:27:24 GMT 1 Boyle44 said:

Completely agree don't let this go for less. A very under rated print. Good luck with sale

Do you have a Very Little Helps?

Yes so I am slightly biast I know but regardless I still think it's worth more than 17.5 especially with how crazy today's prices are. Put it this way I wouldn't let mine go for that and have turned down a fair bit more than that last week too so know there's buyers out there willing to pay over 20k for it. Good luck with sale it's an amazing print in the flesh, pictures never do it justice in my opinion.

[highflyer]

May 28, 2017 22:06:25 GMT 1 Boyle44 said:

May 28, 2017 19:30:26 GMT 1 @frosty1979 said:

Do you have a Very Little Helps?

Yes so I am slightly biast I know but regardless I still think it's worth more than 17.5 especially with how crazy today's prices are. Put it this way I wouldn't let mine go for that and have turned down a fair bit more than that last week too so know there's buyers out there willing to pay over 20k for it. Good luck with sale it's an amazing print in the flesh, pictures never do it justice in my opinion.

Haha :-)

[andyroo0312]

Someone offered me equal to £46k for both my donuts not long ago, I thought about for a minute or 3 and said come back in 12mths and make it £55 even, cash of course and a massage from the wife.
Interesting the Banksy market makes warren buffet look like a slacker..s**t the B market even has outstripped the Sydney housing market that has been averaging over 10% a year for the last 9.
Life's a gamble.

[Deleted]

May 28, 2017 22:08:27 GMT 1 highflyer said:

May 28, 2017 22:06:25 GMT 1 Boyle44 said:

Yes so I am slightly biast I know but regardless I still think it's worth more than 17.5 especially with how crazy today's prices are. Put it this way I wouldn't let mine go for that and have turned down a fair bit more than that last week too so know there's buyers out there willing to pay over 20k for it. Good luck with sale it's an amazing print in the flesh, pictures never do it justice in my opinion.

Haha :-)

I know of one that went for 20 about 6-8 weeks ago, I would say they are 21/22 no sweat.

[highflyer]

May 29, 2017 4:29:23 GMT 1 andyroo0312 said:

Someone offered me equal to £46k for both my donuts not long ago, I thought about for a minute or 3 and said come back in 12mths and make it £55 even, cash of course and a massage from the wife.
Interesting the Banksy market makes warren buffet look like a slacker..s**t the B market even has outstripped the Sydney housing market that has been averaging over 10% a year for the last 9.
Life's a gamble.

That would only be a 19.6% gain. Berkshire has a compounded share price return of 20.8%. And off what equity did he achieve this? Need to take leverage into account (as do you with the Sydney housing market).

Embarrassed yourself.

Banksy would love you. Why don't you sell them and buy a Sale Ends Today and Destroy Capitalism?

[Deleted]

Very Little Helps is one of my favourites. Is this one slightly cheaper than others as it would have less appeal to overseas being Tesco?

Banksy can you release a cheaper version? Lidl or Aldi?

[avec art]

I think this artwork was made around the time that the supermarket giant had very much a monopoly of the market and were exposed for a variety of questionable practices to stay ahead of competition such as buying up land simply in order to prevent other shops being built.

[sugar72]

Still pretty questionable to this day!!

[DrWhite]

May 29, 2017 10:35:08 GMT 1 highflyer said:

May 29, 2017 4:29:23 GMT 1 andyroo0312 said:

Someone offered me equal to £46k for both my donuts not long ago, I thought about for a minute or 3 and said come back in 12mths and make it £55 even, cash of course and a massage from the wife.
Interesting the Banksy market makes warren buffet look like a slacker..s**t the B market even has outstripped the Sydney housing market that has been averaging over 10% a year for the last 9.
Life's a gamble.

That would only be a 19.6% gain. Berkshire has a compounded share price return of 20.8%. And off what equity did he achieve this? Need to take leverage into account (as do you with the Sydney housing market).

Embarrassed yourself.

Banksy would love you. Why don't you sell them and buy a Sale Ends Today and Destroy Capitalism?

Good lord 😳

[andyroo0312]

May 29, 2017 10:35:08 GMT 1 highflyer said:

May 29, 2017 4:29:23 GMT 1 andyroo0312 said:

Someone offered me equal to £46k for both my donuts not long ago, I thought about for a minute or 3 and said come back in 12mths and make it £55 even, cash of course and a massage from the wife.
Interesting the Banksy market makes warren buffet look like a slacker..s**t the B market even has outstripped the Sydney housing market that has been averaging over 10% a year for the last 9.
Life's a gamble.

That would only be a 19.6% gain. Berkshire has a compounded share price return of 20.8%. And off what equity did he achieve this? Need to take leverage into account (as do you with the Sydney housing market).

Embarrassed yourself.

Banksy would love you. Why don't you sell them and buy a Sale Ends Today and Destroy Capitalism?

Embarrassed myself on the internet,lol Yes I should of done my home work first, that's red wine for you mate.
Good to see you know your numbers

[mash]

May 29, 2017 10:35:08 GMT 1 highflyer said:

May 29, 2017 4:29:23 GMT 1 andyroo0312 said:

Someone offered me equal to £46k for both my donuts not long ago, I thought about for a minute or 3 and said come back in 12mths and make it £55 even, cash of course and a massage from the wife.
Interesting the Banksy market makes warren buffet look like a slacker..s**t the B market even has outstripped the Sydney housing market that has been averaging over 10% a year for the last 9.
Life's a gamble.

That would only be a 19.6% gain. Berkshire has a compounded share price return of 20.8%. And off what equity did he achieve this? Need to take leverage into account (as do you with the Sydney housing market).

Embarrassed yourself.

Banksy would love you. Why don't you sell them and buy a Sale Ends Today and Destroy Capitalism?

Not sure Why you think he's taken leverage into account in the Sydney market. The 10% is strictly capital growth of assets. The quantity of leverage is both unknowable and unquantifiable. If we were talking leverage at 10% capital growth of asset value on a typically mortgaged property at say 60% LTV would give a cash on cash return on (for ease of numbers) a $1m oz would give a return like this.

Start price 1,000,000
Year end. 1,100,000

Return 100,000

Cash invested 400,000

Cash on cash or leveraged return is therefore 25%.

Just sayin.

[highflyer]

May 31, 2017 12:52:35 GMT 1 mash said:

May 29, 2017 10:35:08 GMT 1 highflyer said:

That would only be a 19.6% gain. Berkshire has a compounded share price return of 20.8%. And off what equity did he achieve this? Need to take leverage into account (as do you with the Sydney housing market).

Embarrassed yourself.

Banksy would love you. Why don't you sell them and buy a Sale Ends Today and Destroy Capitalism?

Not sure Why you think he's taken leverage into account in the Sydney market. The 10% is strictly capital growth of assets. The quantity of leverage is both unknowable and unquantifiable. If we were talking leverage at 10% capital growth of asset value on a typically mortgaged property at say 60% LTV would give a cash on cash return on (for ease of numbers) a $1m oz would give a return like this.

Start price 1,000,000
Year end. 1,100,000

Return 100,000

Cash invested 400,000

Cash on cash or leveraged return is therefore 25%.

Just sayin.

Firstly, you've missed my points. I'm tired of explaining stuff to people so please re-read both the op and my response to it. Secondly, it IS known and (therefore) quantifiable (sic-tautology), the data is available.

Thanks for the example of a leveraged return.

[Boyle44]

Did this sell in the end ?