Banksy Prices Up or Down?

[Deleted]

2 results don't make a summer

[11]

LIITA is an understandable jewel - at the recent Bonhams auction the Banksy prints didn't seem to perform well at all. £3.5k for a S&S, something similar for a J&J (both exc. buyers premium) - reading through I was gutted to have missed the auction because it looked like there were some steals to be had.

Maybe there is the odd spike because some looney with too much cash decides they want a Banksy but am not convinced there is much going on in any market at the moment

I maybe wrong

[bernie]

Hey illicey.
where was the charity auction. 
was the print on wood the choppers with pink bow.

[Deleted]

Illicey you must be trying to ramp prices as any impartial observer would see clear as day Banksy prices are NOT going through the roof. Source - www.dnfa.com/search.asp?view=keyword&auction=&keyword=banksy&lotno=&noperpage=20&cat=all&pg=80&orderby=relevance&noofresults=99&catname=
mmmm signed napalm 3.8k....signed golf sale 3.2k....and look at all those unsolds....

[illicey]

Hi,

Thanks for sending through the Dreweatts.

So I can assure you that I am not trying to drive up prices for personal gain by stoking the propaganda wagon. I live in Asia and have no banksy prints but keep an eye on the market and am interested when something I like comes up which, is at a fair market price and has logistics that work.

I appreciate that over the last (say) year there have been auctions where pieces remained unsold, could be regarded as relative 'bargains' or indeed sold below estimate, after all an auction is a little like fishing. However, from what I can see the more desirable signed prints and canvases have been on the steady increase. I take unsigned prints out of this as I do believe they have a ceiling and will therefore not fluctuate at the same levels.

Recently the more desirable or rare prints (barcode, laugh now, pulp fiction, radar, LITTA and even some interesting Nola colorways) have been banded around at min 10k upwards to 20k. Moreover CYW starting price from 6k upwards (including that freakish 17k at Bonhams) and a rude copper with spray paint set at 20k. In my eyes these have moved upwards and (not surprisingly) a lot of the UK galleries have said that same and actioned it through higher prices (Hang up, taylor gallery ect..).

I was just interested to see people's perception and comments.
-whether his lack of recent work has driven this.
-whether it's not true at all
-whether it is galleries doing the old de beers trick ect..

Me personally, I have a lot of Faile work and it my view is that their stuff is going the other way... and no, I don't want to sell anything;-) ...

[iamzero]

Well if prices haven't gone through the roof, who wants to sell me a signed Trollies or Applause for about £2k?

[barryh]

I feel another pop just around the corner

[Sundowner]

Prices have risen due to a relative lack of supply and possibly the rumour that CYW will be the last publically available Banksy print?

[Cocteau 101]

No more prints.

[T-Bro]

May 19, 2013 18:24:46 GMT 1 Cocteau 101 said:

No more prints.

agreed.

[11]

May 21, 2013 15:55:55 GMT 1 T-Bro said:

May 19, 2013 18:24:46 GMT 1 Cocteau 101 said:

No more prints.

agreed.

Is that from an official source - same things were being said about Choe 3 months ago.....

[alexnh123]

certainly looks that way

[Deleted]

Why so high? Years of hyping his stuff up that's why!

[Deleted]

May 19, 2013 18:24:46 GMT 1 Cocteau 101 said:

No more prints.

Hmm... I've heard otherwise 

[Cornish Crayon]

Jul 17, 2013 23:17:28 GMT 1 @ltd said:

May 19, 2013 18:24:46 GMT 1 Cocteau 101 said:

No more prints.

Hmm... I've heard otherwise 

Go on then ?

[Deleted]

I had heard somewhere that he had produced a print recently but was not happy with them and decided to destroy them. This is only what i have heard from people who seem to have a connection to him i do not know if it is truth or not.

[Hubble Bubble]

Sundowner
That was a very carefully worded sentence, if ever I saw one.

HB

[Deleted]

Jul 18, 2013 16:55:55 GMT 1 @ltd said:

I had heard somewhere that he had produced a print recently but was not happy with them and decided to destroy them. This is only what i have heard from people who seem to have a connection to him i do not know if it is truth or not.

yes this is true...it is relatively widely known that Love Hurts was produced and then shelved...ed20, they are out there....some may like them some may say they look to cartoonish...

[Sundowner]

Is it? Do you own one then Einstein?

[Pistol]

Tis indeed true!

[eschiff]

there have been some nice banksy images released in the last year.

[letiss]

Jul 29, 2013 22:00:01 GMT 1 eschiff said:

there have been some nice banksy images released in the last year.

Do continue....

BTW did you ever receive those newspapers from the Olympics I sent?

[eschiff]

Jul 29, 2013 22:38:10 GMT 1 letiss said:

Jul 29, 2013 22:00:01 GMT 1 eschiff said:

there have been some nice banksy images released in the last year.

Do continue....

BTW did you ever receive those newspapers from the Olympics I sent?

aw man, i didn't!  I moved recently so may be catching up with me in the forwarding process.  Was amazing on saturday to watch all the coverage of the one year anniversary though

[thomess]

This "Banksy forum" becomes more secret then Banksy himself!

[Deleted]

Jul 30, 2013 1:54:17 GMT 1 thomess said:

This "Banksy forum" becomes more secret then Banksy himself!

An interesting debate certainly, times have changed and certainly the mess preceding the last set of releases plus ridiculous secondary profits have led to a 'rethink'.

[agustin]

Banksy print prices are soaring. I love CYW and CND Soldiers and would love to get my hands on one. Any out there for sale

[phage]

License to print money, innit.

Need some cash, make a new garish Nola colourway and flog it under the table to the VIP clients.

Easy.

No wonder prices rise for the standard images.

[Sundowner]

The real reason is that galleries are hoovering up as much stock as they can privately and then turning a quick profit to collectors that don't use this forum....

[Deleted]

I take it that you all mean cyw/nola prices are soaring rather than all prints?

Reminiscent of every Dolk thread on here regarding prices where relatively little has happened for a long time prices ... Other than with the 'riot' prints ie. two images.

[johnnyh]

Sundowner there is a lot of truth in that. In that as prices become higher particularly for signed, AP's and originals a lot of the initial movements have been done. By this I mean people who bought at source and have sold. A lot of these pieces are now being held by people/collectors with a fair amount of cash, middle aged etc and who do not need to sell or trade so the market place/trade in the pieces is reducing so I think prices will continue to rise. Not in massive jumps but the prices if you look at galleries is pretty high or all pieces listed as POA. Not to many originals being put into the market either. He probably does a few new originals a year etc.
Not sure if he will do prints openly again. If he does low pricing bought up and traded higher if he does at market value will get slagged off etc