lv90210
Junior Member
Posts โข 2,030
Likes โข 1,926
January 2018
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Sothebys Banksy online - Finishes 26.03.2020, by lv90210 on Mar 16, 2020 7:54:30 GMT 1, This seems to be moving along nicely.......
Are we going to see some new records broken ?
This seems to be moving along nicely.......
Are we going to see some new records broken ?
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Unica
Junior Member
Posts โข 2,060
Likes โข 1,222
November 2013
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Sothebys Banksy online - Finishes 26.03.2020, by Unica on Mar 16, 2020 9:12:21 GMT 1, About ยฃ80k already for the the unsigned GWB with 10 days left, Banksy art a safe haven.
About ยฃ80k already for the the unsigned GWB with 10 days left, Banksy art a safe haven.
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gross
New Member
Posts โข 180
Likes โข 93
January 2020
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Sothebys Banksy online - Finishes 26.03.2020, by gross on Mar 16, 2020 10:39:27 GMT 1, Global recession going to be on the way
Global recession going to be on the way
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Deleted
Posts โข 0
Likes โข
January 1970
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Sothebys Banksy online - Finishes 26.03.2020, by Deleted on Mar 16, 2020 11:42:25 GMT 1, Global recession going to be on the way All the more reason to buy a safe haven asset
Global recession going to be on the way All the more reason to buy a safe haven asset
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fusion0001
New Member
Posts โข 146
Likes โข 415
November 2019
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Sothebys Banksy online - Finishes 26.03.2020, by fusion0001 on Mar 16, 2020 11:59:15 GMT 1, The 2008-2009 recession did cut Banksy print values by more than half, but I guess his position was not a blue-chip artist back then.
At the same time, none of the smaller economic / stock market dips since 2010 affected the performance of Banksy prints.
Hard to say how the situation will develop, but itโs hard to see that there would be completely no impact as discretionary spend declines and at the same time speculative buyers hold off and wait to see how it moves. My guess would be a flattening our or a small correction that could lay path to sustainable future growth in value.
The 2008-2009 recession did cut Banksy print values by more than half, but I guess his position was not a blue-chip artist back then.
At the same time, none of the smaller economic / stock market dips since 2010 affected the performance of Banksy prints.
Hard to say how the situation will develop, but itโs hard to see that there would be completely no impact as discretionary spend declines and at the same time speculative buyers hold off and wait to see how it moves. My guess would be a flattening our or a small correction that could lay path to sustainable future growth in value.
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Deleted
Posts โข 0
Likes โข
January 1970
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Sothebys Banksy online - Finishes 26.03.2020, by Deleted on Mar 16, 2020 12:13:06 GMT 1, The 2008-2009 recession did cut Banksy print values by more than half, but I guess his position was not a blue-chip artist back then. At the same time, none of the smaller economic / stock market dips since 2010 affected the performance of Banksy prints. Hard to say how the situation will develop, but itโs hard to see that there would be completely no impact as discretionary spend declines and at the same time speculative buyers hold off and wait to see how it moves. My guess would be a flattening our or a small correction that could lay path to sustainable future growth in value. This is more like 9/11, less like 2008-9
Market will recover by the end of the year. heavily indebted companies will be weeded out but such is life.
The 2008-2009 recession did cut Banksy print values by more than half, but I guess his position was not a blue-chip artist back then. At the same time, none of the smaller economic / stock market dips since 2010 affected the performance of Banksy prints. Hard to say how the situation will develop, but itโs hard to see that there would be completely no impact as discretionary spend declines and at the same time speculative buyers hold off and wait to see how it moves. My guess would be a flattening our or a small correction that could lay path to sustainable future growth in value. This is more like 9/11, less like 2008-9 Market will recover by the end of the year. heavily indebted companies will be weeded out but such is life.
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charge
New Member
Posts โข 37
Likes โข 39
January 2020
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gross
New Member
Posts โข 180
Likes โข 93
January 2020
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Sothebys Banksy online - Finishes 26.03.2020, by gross on Mar 16, 2020 12:52:06 GMT 1, The 2008-2009 recession did cut Banksy print values by more than half, but I guess his position was not a blue-chip artist back then. At the same time, none of the smaller economic / stock market dips since 2010 affected the performance of Banksy prints. Hard to say how the situation will develop, but itโs hard to see that there would be completely no impact as discretionary spend declines and at the same time speculative buyers hold off and wait to see how it moves. My guess would be a flattening our or a small correction that could lay path to sustainable future growth in value. This is more like 9/11, less like 2008-9 Market will recover by the end of the year. heavily indebted companies will be weeded out but such is life. in 2007 Warhol market lost more than 40% of its value from the peak to the bottom
The 2008-2009 recession did cut Banksy print values by more than half, but I guess his position was not a blue-chip artist back then. At the same time, none of the smaller economic / stock market dips since 2010 affected the performance of Banksy prints. Hard to say how the situation will develop, but itโs hard to see that there would be completely no impact as discretionary spend declines and at the same time speculative buyers hold off and wait to see how it moves. My guess would be a flattening our or a small correction that could lay path to sustainable future growth in value. This is more like 9/11, less like 2008-9 Market will recover by the end of the year. heavily indebted companies will be weeded out but such is life. in 2007 Warhol market lost more than 40% of its value from the peak to the bottom
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Lazarus II
Junior Member
Posts โข 1,803
Likes โข 2,429
August 2019
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Sothebys Banksy online - Finishes 26.03.2020, by Lazarus II on Mar 16, 2020 14:24:44 GMT 1, Global recession going to be on the way a great time for any sort of gallery to sweep up some bargains as panic'd sellers flood the market with their Banksy prints.
Global recession going to be on the way a great time for any sort of gallery to sweep up some bargains as panic'd sellers flood the market with their Banksy prints.
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Poster Bob
Junior Member
Posts โข 5,868
Likes โข 5,480
September 2013
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Sothebys Banksy online - Finishes 26.03.2020, by Poster Bob on Mar 16, 2020 15:49:36 GMT 1, Global recession going to be on the way a great time for any sort of gallery to sweep up some bargains as panic'd sellers flood the market with their Banksy prints. No idea what "panic'd sellers" are but some of us have money ready to make purchases. Sell now before lockdown.
Global recession going to be on the way a great time for any sort of gallery to sweep up some bargains as panic'd sellers flood the market with their Banksy prints. No idea what "panic'd sellers" are but some of us have money ready to make purchases. Sell now before lockdown.
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Lazarus II
Junior Member
Posts โข 1,803
Likes โข 2,429
August 2019
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Sothebys Banksy online - Finishes 26.03.2020, by Lazarus II on Mar 16, 2020 15:54:23 GMT 1, a great time for any sort of gallery to sweep up some bargains as panic'd sellers flood the market with their Banksy prints. No idea what "panic'd sellers" are but some of us have money ready to make purchases. Sell now before lockdown.ย you and Gross both then but Big Bob always has the money in any climate or crisis.
a great time for any sort of gallery to sweep up some bargains as panic'd sellers flood the market with their Banksy prints. No idea what "panic'd sellers" are but some of us have money ready to make purchases. Sell now before lockdown.ย you and Gross both then but Big Bob always has the money in any climate or crisis.
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samfrost
New Member
Posts โข 787
Likes โข 530
June 2014
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Sothebys Banksy online - Finishes 26.03.2020, by samfrost on Mar 16, 2020 16:00:03 GMT 1, Some decent levels currently, but early in sale. Surprised to not see any real OGs like the first sale.
Some decent levels currently, but early in sale. Surprised to not see any real OGs like the first sale.
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Sothebys Banksy online - Finishes 26.03.2020, by Buff Monster Fan on Mar 16, 2020 16:23:13 GMT 1, Keeping an eye on that Gold Flags - drool
Keeping an eye on that Gold Flags - drool
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Deleted
Posts โข 0
Likes โข
January 1970
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Sothebys Banksy online - Finishes 26.03.2020, by Deleted on Mar 16, 2020 16:25:28 GMT 1, Jeez. That Rude Copper looks like it's been used as a fish & chip wrapper...
Jeez. That Rude Copper looks like it's been used as a fish & chip wrapper...
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Lazarus II
Junior Member
Posts โข 1,803
Likes โข 2,429
August 2019
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Sothebys Banksy online - Finishes 26.03.2020, by Lazarus II on Mar 16, 2020 20:18:43 GMT 1, Jeez. That Rude Copper looks like it's been used as a fish & chip wrapper... may well have been or at least a curry eaten from it !
Jeez. That Rude Copper looks like it's been used as a fish & chip wrapper... may well have been or at least a curry eaten from it !
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Deleted
Posts โข 0
Likes โข
January 1970
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Sothebys Banksy online - Finishes 26.03.2020, by Deleted on Mar 16, 2020 22:12:28 GMT 1, This is more like 9/11, less like 2008-9 Market will recover by the end of the year. heavily indebted companies will be weeded out but such is life. It depends on how long we have to ride this out. I donโt see how this wonโt be a fairly long term issue. I imagine weโll see some long term travel bans and restrictions to potential hot zones like Africa that will have a hard time curtailing there spread. Any travel restrictions will kneecap the global markets full potential. Weโre in the eye of this storm. Weโve yet to see the full impact of its destruction to be able to draw a conclusion on its long term effects. I imagine once companies begin reporting first quarter earnings, weโll see a further drop. Also, largest expense in companies is labor. Layoffs will cause further panic and also stunt growth. I donโt see how companies arenโt already looking at how to cut to stop the bleeding. Governments across the world will need to champion incentives for companies or even penalize companies that lay-off during covid-19 to slow further market declines. Real talk. My wife just went to Walmart trying to find baby formula as we couldnโt find ANY over the weekend and are low and police were there guarding toilet paper. This is quite another animal...
I hope some escape
Freedom for the toilet paper
This is more like 9/11, less like 2008-9 Market will recover by the end of the year. heavily indebted companies will be weeded out but such is life. It depends on how long we have to ride this out. I donโt see how this wonโt be a fairly long term issue. I imagine weโll see some long term travel bans and restrictions to potential hot zones like Africa that will have a hard time curtailing there spread. Any travel restrictions will kneecap the global markets full potential. Weโre in the eye of this storm. Weโve yet to see the full impact of its destruction to be able to draw a conclusion on its long term effects. I imagine once companies begin reporting first quarter earnings, weโll see a further drop. Also, largest expense in companies is labor. Layoffs will cause further panic and also stunt growth. I donโt see how companies arenโt already looking at how to cut to stop the bleeding. Governments across the world will need to champion incentives for companies or even penalize companies that lay-off during covid-19 to slow further market declines. Real talk. My wife just went to Walmart trying to find baby formula as we couldnโt find ANY over the weekend and are low and police were there guarding toilet paper. This is quite another animal... I hope some escape Freedom for the toilet paper
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Lazarus II
Junior Member
Posts โข 1,803
Likes โข 2,429
August 2019
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Sothebys Banksy online - Finishes 26.03.2020, by Lazarus II on Mar 16, 2020 22:31:12 GMT 1, This is more like 9/11, less like 2008-9 Market will recover by the end of the year. heavily indebted companies will be weeded out but such is life.ย It depends on how long we have to ride this out. I donโt see how this wonโt be a fairly long term issue. I imagine weโll see some long term travel bans and restrictions to potential hot zones like Africa that will have a hard time curtailing there spread. Any travel restrictions will kneecap the global markets full potential. Weโre in the eye of this storm. Weโve yet to see the full impact of its destruction to be able to draw a conclusion on its long term effects. I imagine once companies begin reporting first quarter earnings, weโll see a further drop. Also, largest expense in companies is labor. Layoffs will cause further panic and also stunt growth. I donโt see how companies arenโt already looking at how to cut to stop the bleeding. Governments across the world will need to champion incentives for companies or even penalize companies that lay-off during covid-19 to slow further market declines. Real talk. My wife just went to Walmart trying to find baby formula as we couldnโt find ANY over the weekend and are low and police were there guarding toilet paper. This is quite another animal... stop typing and get searching for formula and bog roll.
This is more like 9/11, less like 2008-9 Market will recover by the end of the year. heavily indebted companies will be weeded out but such is life.ย It depends on how long we have to ride this out. I donโt see how this wonโt be a fairly long term issue. I imagine weโll see some long term travel bans and restrictions to potential hot zones like Africa that will have a hard time curtailing there spread. Any travel restrictions will kneecap the global markets full potential. Weโre in the eye of this storm. Weโve yet to see the full impact of its destruction to be able to draw a conclusion on its long term effects. I imagine once companies begin reporting first quarter earnings, weโll see a further drop. Also, largest expense in companies is labor. Layoffs will cause further panic and also stunt growth. I donโt see how companies arenโt already looking at how to cut to stop the bleeding. Governments across the world will need to champion incentives for companies or even penalize companies that lay-off during covid-19 to slow further market declines. Real talk. My wife just went to Walmart trying to find baby formula as we couldnโt find ANY over the weekend and are low and police were there guarding toilet paper. This is quite another animal... stop typing and get searching for formula and bog roll.
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lv90210
Junior Member
Posts โข 2,030
Likes โข 1,926
January 2018
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Sothebys Banksy online - Finishes 26.03.2020, by lv90210 on Mar 17, 2020 19:14:12 GMT 1, Current levels what the buyer pays with 9 days to go.
US PULP ยฃ18,760 / $22,699 US LN ยฃ18,760 / $22,699 US MQ ยฃ10,050 / $12,160 US GR ยฃ13,400 / $16,214 US GS ยฃ11,390 / $13,781 US BL ยฃ11,390 / $13,781 US RC ยฃ16,080 / $19,456 CHOCH DONUTS ยฃ22,708 / $27,563 US Girl With Balloon ยฃ87,100 / $105,391 DI FACED TENNERS ยฃ24,120 / $29,185 SINGED LOVE RAT - NO BIDS SINGED FC - NO BIDS PINK GWB AP - NO BIDS GRIN REAPER - ยฃ26,800 / $32,428 WHITE NOLA - ยฃ53,600 / $64,856 SINGED APPLAUSE - ยฃ20,100 / $24,321 US FLAGS ยฃ8,710 / $10,539 SINGED CND ยฃ29,480 / $35,670 STRAW DONUTS - NO BIDS US TM ยฃ9,380 / $11,349 US SE ยฃ9,380 / $11,349 US TROLLEYS ยฃ10,050 / $12,160 GOLD FLAGS ยฃ25,460 / $30,806 SIGNED GRANNIES ยฃ29,480 / $35,670 US MORONS ยฃ12,730 / $15,403
Current levels what the buyer pays with 9 days to go.
US PULP ยฃ18,760 / $22,699 US LN ยฃ18,760 / $22,699 US MQ ยฃ10,050 / $12,160 US GR ยฃ13,400 / $16,214 US GS ยฃ11,390 / $13,781 US BL ยฃ11,390 / $13,781 US RC ยฃ16,080 / $19,456 CHOCH DONUTS ยฃ22,708 / $27,563 US Girl With Balloon ยฃ87,100 / $105,391 DI FACED TENNERS ยฃ24,120 / $29,185 SINGED LOVE RAT - NO BIDS SINGED FC - NO BIDS PINK GWB AP - NO BIDS GRIN REAPER - ยฃ26,800 / $32,428 WHITE NOLA - ยฃ53,600 / $64,856 SINGED APPLAUSE - ยฃ20,100 / $24,321 US FLAGS ยฃ8,710 / $10,539 SINGED CND ยฃ29,480 / $35,670 STRAW DONUTS - NO BIDS US TM ยฃ9,380 / $11,349 US SE ยฃ9,380 / $11,349 US TROLLEYS ยฃ10,050 / $12,160 GOLD FLAGS ยฃ25,460 / $30,806 SIGNED GRANNIES ยฃ29,480 / $35,670 US MORONS ยฃ12,730 / $15,403
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blerd
Junior Member
Posts โข 1,350
Likes โข 1,203
November 2016
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Sothebys Banksy online - Finishes 26.03.2020, by blerd on Mar 17, 2020 21:40:35 GMT 1, Current levels what the buyer pays with 9 days to go. US PULP ยฃ18,760 / $22,699 US LN ยฃ18,760 / $22,699 US MQ ยฃ10,050 / $12,160 US GR ยฃ13,400 / $16,214 US GS ยฃ11,390 / $13,781 US BL ยฃ11,390 / $13,781 US RC ยฃ16,080 / $19,456 CHOCH DONUTS ยฃ22,708 / $27,563 US Girl With Balloon ยฃ87,100 / $105,391 DI FACED TENNERS ยฃ24,120 / $29,185 SINGED LOVE RAT - NO BIDS SINGED FC - NO BIDS PINK Girl With Balloon AP - NO BIDS GRIN REAPER - ยฃ26,800 / $32,428 WHITE NOLA - ยฃ53,600 / $64,856 SINGED APPLAUSE - ยฃ20,100 / $24,321 US FLAGS ยฃ8,710 / $10,539 SINGED CND ยฃ29,480 / $35,670 STRAW DONUTS - NO BIDS US TM ยฃ9,380 / $11,349 US SE ยฃ9,380 / $11,349 US TROLLEYS ยฃ10,050 / $12,160 GOLD FLAGS ยฃ25,460 / $30,806 SIGNED GRANNIES ยฃ29,480 / $35,670 US MORONS ยฃ12,730 / $15,403 I don't fancy those burnt ones.
Current levels what the buyer pays with 9 days to go. US PULP ยฃ18,760 / $22,699 US LN ยฃ18,760 / $22,699 US MQ ยฃ10,050 / $12,160 US GR ยฃ13,400 / $16,214 US GS ยฃ11,390 / $13,781 US BL ยฃ11,390 / $13,781 US RC ยฃ16,080 / $19,456 CHOCH DONUTS ยฃ22,708 / $27,563 US Girl With Balloon ยฃ87,100 / $105,391 DI FACED TENNERS ยฃ24,120 / $29,185 SINGED LOVE RAT - NO BIDS SINGED FC - NO BIDS PINK Girl With Balloon AP - NO BIDS GRIN REAPER - ยฃ26,800 / $32,428 WHITE NOLA - ยฃ53,600 / $64,856 SINGED APPLAUSE - ยฃ20,100 / $24,321 US FLAGS ยฃ8,710 / $10,539 SINGED CND ยฃ29,480 / $35,670 STRAW DONUTS - NO BIDS US TM ยฃ9,380 / $11,349 US SE ยฃ9,380 / $11,349 US TROLLEYS ยฃ10,050 / $12,160 GOLD FLAGS ยฃ25,460 / $30,806 SIGNED GRANNIES ยฃ29,480 / $35,670 US MORONS ยฃ12,730 / $15,403 I don't fancy those burnt ones.
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lv90210
Junior Member
Posts โข 2,030
Likes โข 1,926
January 2018
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Sothebys Banksy online - Finishes 26.03.2020, by lv90210 on Mar 23, 2020 11:17:51 GMT 1, Current levels what the buyer pays with 3 days to go. Anyone thinking of selling now, I'd hold off. Think we about to witness many new records being broken and another significant jump in the market.
US PULP ยฃ18,760 / $22,699 US LN ยฃ21,440 / $24,870 US MQ ยฃ12,730 / $14,766 US GR ยฃ14,740 / $17,098 US GS ยฃ11,390 / $13,781 US BL ยฃ14,740 / $17,098 US RC ยฃ16,080 / $19,456 CHOCH DONUTS ยฃ22,708 / $27,563 US Girl With Balloon ยฃ87,100 / $105,391 DI FACED TENNERS ยฃ24,120 / $29,185 SINGED LOVE RAT - ยฃ50,920 / $59,067 SINGED FC - ยฃ42,880 / $49,740 PINK Girl With Balloon AP -ยฃ402,000 / $466,320 GRIN REAPER - ยฃ29,480 / $34,196 WHITE NOLA - ยฃ60,300 / $69,948 SINGED APPLAUSE - ยฃ26,800 / $31,088 US FLAGS ยฃ9,380 / $10,880 SINGED CND ยฃ29,480 / $35,670 STRAW DONUTS - ยฃ22,780 / $26,424 US TM ยฃ10,050 / $11,658 US SE ยฃ13,400 / $15,544 US TROLLEYS ยฃ13,400 / $15,544 GOLD FLAGS ยฃ25,460 / $30,806 SIGNED GRANNIES ยฃ29,480 / $35,670 US MORONS ยฃ16,080 / $18,652
Current levels what the buyer pays with 3 days to go. Anyone thinking of selling now, I'd hold off. Think we about to witness many new records being broken and another significant jump in the market.
US PULP ยฃ18,760 / $22,699 US LN ยฃ21,440 / $24,870 US MQ ยฃ12,730 / $14,766 US GR ยฃ14,740 / $17,098 US GS ยฃ11,390 / $13,781 US BL ยฃ14,740 / $17,098 US RC ยฃ16,080 / $19,456 CHOCH DONUTS ยฃ22,708 / $27,563 US Girl With Balloon ยฃ87,100 / $105,391 DI FACED TENNERS ยฃ24,120 / $29,185 SINGED LOVE RAT - ยฃ50,920 / $59,067 SINGED FC - ยฃ42,880 / $49,740 PINK Girl With Balloon AP -ยฃ402,000 / $466,320 GRIN REAPER - ยฃ29,480 / $34,196 WHITE NOLA - ยฃ60,300 / $69,948 SINGED APPLAUSE - ยฃ26,800 / $31,088 US FLAGS ยฃ9,380 / $10,880 SINGED CND ยฃ29,480 / $35,670 STRAW DONUTS - ยฃ22,780 / $26,424 US TM ยฃ10,050 / $11,658 US SE ยฃ13,400 / $15,544 US TROLLEYS ยฃ13,400 / $15,544 GOLD FLAGS ยฃ25,460 / $30,806 SIGNED GRANNIES ยฃ29,480 / $35,670 US MORONS ยฃ16,080 / $18,652
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Sundowner
Junior Member
Posts โข 4,227
Likes โข 2,429
September 2008
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Sothebys Banksy online - Finishes 26.03.2020, by Sundowner on Mar 23, 2020 11:19:15 GMT 1, That Nola is cheap - these are changing hands for ยฃ70k now....
That Nola is cheap - these are changing hands for ยฃ70k now....
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lv90210
Junior Member
Posts โข 2,030
Likes โข 1,926
January 2018
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Sothebys Banksy online - Finishes 26.03.2020, by lv90210 on Mar 23, 2020 11:26:17 GMT 1, That Nola is cheap - these are changing hands for ยฃ70k now.... Its not finished yet.....
That Nola is cheap - these are changing hands for ยฃ70k now.... Its not finished yet.....
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Sothebys Banksy online - Finishes 26.03.2020, by The Italian One on Mar 23, 2020 11:34:08 GMT 1, looks like banksy doesn't fear epidemic panic
let's hope it hold the value
looks like banksy doesn't fear epidemic panic
let's hope it hold the value
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cest
Junior Member
Posts โข 1,725
Likes โข 1,160
September 2018
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Sothebys Banksy online - Finishes 26.03.2020, by cest on Mar 23, 2020 11:43:36 GMT 1, Looks like it is now a storage of wealth
Looks like it is now a storage of wealth
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frezza
Junior Member
Posts โข 1,087
Likes โข 526
August 2009
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Sothebys Banksy online - Finishes 26.03.2020, by frezza on Mar 23, 2020 11:52:26 GMT 1, That Nola is cheap - these are changing hands for ยฃ70k now.... Are they really?
That Nola is cheap - these are changing hands for ยฃ70k now.... Are they really?
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lv90210
Junior Member
Posts โข 2,030
Likes โข 1,926
January 2018
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Sothebys Banksy online - Finishes 26.03.2020, by lv90210 on Mar 23, 2020 11:55:24 GMT 1, Looks like it is now a storage of wealth That makes sense, over the last 3/4 years we've seen different people come into the market, people that are rich.
Dow down 25%, Cable getting f*cked daily isn't going to panic sell these people, I would say what we're seeing at Sothebys is the opposite, they're loading up.
What will be interesting given the levels at Sothebys (although the superior Banksy auction house) already will be where the Forum levels settle tomorrow.
Looks like it is now a storage of wealth That makes sense, over the last 3/4 years we've seen different people come into the market, people that are rich. Dow down 25%, Cable getting f*cked daily isn't going to panic sell these people, I would say what we're seeing at Sothebys is the opposite, they're loading up. What will be interesting given the levels at Sothebys (although the superior Banksy auction house) already will be where the Forum levels settle tomorrow.
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lv90210
Junior Member
Posts โข 2,030
Likes โข 1,926
January 2018
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Sothebys Banksy online - Finishes 26.03.2020, by lv90210 on Mar 23, 2020 11:57:05 GMT 1, That Nola is cheap - these are changing hands for ยฃ70k now.... Are they really? I've not heard ยฃ70k, I have heard ยฃ68k.... could be a wasteman bedroom wannabe B dealer adding ยฃ2k on top of that which wouldn't surprise me.
That Nola is cheap - these are changing hands for ยฃ70k now.... Are they really? I've not heard ยฃ70k, I have heard ยฃ68k.... could be a wasteman bedroom wannabe B dealer adding ยฃ2k on top of that which wouldn't surprise me.
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Poster Bob
Junior Member
Posts โข 5,868
Likes โข 5,480
September 2013
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Sothebys Banksy online - Finishes 26.03.2020, by Poster Bob on Mar 23, 2020 13:30:42 GMT 1, This will be worse than both of them combined
The 2008-2009 recession did cut Banksy print values by more than half, but I guess his position was not a blue-chip artist back then. At the same time, none of the smaller economic / stock market dips since 2010 affected the performance of Banksy prints. Hard to say how the situation will develop, but itโs hard to see that there would be completely no impact as discretionary spend declines and at the same time speculative buyers hold off and wait to see how it moves. My guess would be a flattening our or a small correction that could lay path to sustainable future growth in value. This is more like 9/11, less like 2008-9 Market will recover by the end of the year. heavily indebted companies will be weeded out but such is life.ย
This will be worse than both of them combined The 2008-2009 recession did cut Banksy print values by more than half, but I guess his position was not a blue-chip artist back then. At the same time, none of the smaller economic / stock market dips since 2010 affected the performance of Banksy prints. Hard to say how the situation will develop, but itโs hard to see that there would be completely no impact as discretionary spend declines and at the same time speculative buyers hold off and wait to see how it moves. My guess would be a flattening our or a small correction that could lay path to sustainable future growth in value. This is more like 9/11, less like 2008-9 Market will recover by the end of the year. heavily indebted companies will be weeded out but such is life.ย
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Lazarus II
Junior Member
Posts โข 1,803
Likes โข 2,429
August 2019
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Sothebys Banksy online - Finishes 26.03.2020, by Lazarus II on Mar 23, 2020 14:19:34 GMT 1, This will be worse than both of them combined This is more like 9/11, less like 2008-9 Market will recover by the end of the year. heavily indebted companies will be weeded out but such is life.ย Bobby dont you go popping Cest and LVโs balloons now, things are hard enough at present without devaluing wealth vaults.
This will be worse than both of them combined This is more like 9/11, less like 2008-9 Market will recover by the end of the year. heavily indebted companies will be weeded out but such is life.ย Bobby dont you go popping Cest and LVโs balloons now, things are hard enough at present without devaluing wealth vaults.
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Fast Eddie
New Member
Posts โข 706
Likes โข 845
November 2018
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Sothebys Banksy online - Finishes 26.03.2020, by Fast Eddie on Mar 23, 2020 15:14:36 GMT 1, Markets are expected to lose 40% relative to February's peak (this is GS forecast). The crisis in the US is at the start of a very steep ascent in the number of cases. US unemployment figures are going to be record-setting bad. Industrial production, probably the same, and not just for a quarter. At least two or three. To me it looks like, now it is not a time to take big risks if you do not absolutely have to.
Markets are expected to lose 40% relative to February's peak (this is GS forecast). The crisis in the US is at the start of a very steep ascent in the number of cases. US unemployment figures are going to be record-setting bad. Industrial production, probably the same, and not just for a quarter. At least two or three. To me it looks like, now it is not a time to take big risks if you do not absolutely have to.
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