jp
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September 2006
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by jp on Apr 26, 2022 23:35:01 GMT 1, Looks like the sprinkles and lights on the motorcycles. I think standard version has coloured lights - but the sprinkles !! Wow a lot of dosh for a few sprinkles.
I thought the same. It's just the sprinkles that have been hand colored. But it is a unique print outside the edition, and it's signed. Someone reaally wanted it.
There are a few other versions of this print. The one that has donuts instead of motorcyle wheels is nice.
Looks like the sprinkles and lights on the motorcycles. I think standard version has coloured lights - but the sprinkles !! Wow a lot of dosh for a few sprinkles. I thought the same. It's just the sprinkles that have been hand colored. But it is a unique print outside the edition, and it's signed. Someone reaally wanted it. There are a few other versions of this print. The one that has donuts instead of motorcyle wheels is nice. |
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bob60
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May 2014
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by bob60 on Apr 27, 2022 4:36:12 GMT 1, Quick question, are these sold figures including BP? Cheers Yes - gets added on once sale is complete
Do the sold figures include everything including VAT etc?
Quick question, are these sold figures including BP? Cheers Yes - gets added on once sale is complete Do the sold figures include everything including VAT etc? |
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JFCC
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by JFCC on Apr 27, 2022 8:22:31 GMT 1, Do the sold figures include everything including VAT etc? No, they do not include VAT (20% in UK), nor Artist Resale Rights (4%).
Do the sold figures include everything including VAT etc? No, they do not include VAT (20% in UK), nor Artist Resale Rights (4%). The website shows hammer price plus 26% (25% + 1% overhead premium). The all up price to include VAT and ARR is hammer price plus 35% |
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by My Name is Frank on Apr 27, 2022 8:23:13 GMT 1, So getting my head round this
Choc Donuts ยฃ69300
ARR (VAT Exempt) ยฃ2772
VAT On Hammer & Premium price ยฃ13860
Total - ยฃ85932
Or as JFCC shows
ยฃ69300/126x100=ยฃ55000 x 1.35 = ยฃ74250
Thrower - ยฃ277200
ARR - ยฃ11088
VAT on Hammer & Premium ยฃ55440
Total - ยฃ343,728
Or as JFCC
ยฃ277200/126x100 = ยฃ220000x1.35 = ยฃ297,000
Is that correct?
So getting my head round this
Choc Donuts ยฃ69300
ARR (VAT Exempt) ยฃ2772
VAT On Hammer & Premium price ยฃ13860
Total - ยฃ85932
Or as JFCC shows
ยฃ69300/126x100=ยฃ55000 x 1.35 = ยฃ74250
Thrower - ยฃ277200
ARR - ยฃ11088
VAT on Hammer & Premium ยฃ55440
Total - ยฃ343,728
Or as JFCC
ยฃ277200/126x100 = ยฃ220000x1.35 = ยฃ297,000
Is that correct?
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cama1556
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July 2021
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by cama1556 on Apr 27, 2022 8:46:54 GMT 1, For UK sales rule of thumb for all-in cost is times the Hammer price by 1.30x. (That excludes any ARR and assumes buyers premium at 25% of hammer)
The after sales prices quoted by auction houses only includes Buyer's Premium because VAT may not be applicable depending on where you live, i.e. non UK tax resident.
For UK sales rule of thumb for all-in cost is times the Hammer price by 1.30x. (That excludes any ARR and assumes buyers premium at 25% of hammer)
The after sales prices quoted by auction houses only includes Buyer's Premium because VAT may not be applicable depending on where you live, i.e. non UK tax resident.
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bob60
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by bob60 on Apr 27, 2022 8:55:49 GMT 1, I am now more confused than ever, how do we know what the hammer price was?
Previously at auctions it seemed to be only the hammer price was shown, and then some member would kindly make a list of the sold prices including everything else to show the final price that the buyer paid.
I am now more confused than ever, how do we know what the hammer price was?
Previously at auctions it seemed to be only the hammer price was shown, and then some member would kindly make a list of the sold prices including everything else to show the final price that the buyer paid.
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Unica
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by Unica on Apr 27, 2022 9:23:52 GMT 1, I am now more confused than ever, how do we know what the hammer price was? Previously at auctions it seemed to be only the hammer price was shown, and then some member would kindly make a list of the sold prices including everything else to show the final price that the buyer paid.
I think that was a solid set of figures for Banksy, given the number of pieces at auction this month, War in Ukraine, stock market sell off. And still we get these big number, dedicated Orange Nola ยฃ200k, Flower Thrower ยฃ200k, Donuts barely HF ยฃ300k, Choose Your Weapon ยฃ140k, Radar Rat ยฃ180k, Triptych Chucker ยฃ300k and a dedicated misprinted Kate ยฃ250k. Remember these are prints not originals, IMO originals especially edition ones have quite a bit of room to move up. HW, Lenin, PB, LN, Constabulary, Kids on guns.
I am now more confused than ever, how do we know what the hammer price was? Previously at auctions it seemed to be only the hammer price was shown, and then some member would kindly make a list of the sold prices including everything else to show the final price that the buyer paid. Look up the terms of the auction and subtract the BP then you have the hammer price at Sothebys at least. Their price just show hammer plus BP but exludes ARR and VAT on hammer so the price the buyer actually pays is usually quite a bit more than the price listed, people seem to forget that when the state auction results. The buyer usually paid a fair bit more. I think that was a solid set of figures for Banksy, given the number of pieces at auction this month, War in Ukraine, stock market sell off. And still we get these big number, dedicated Orange Nola ยฃ200k, Flower Thrower ยฃ200k, Donuts barely HF ยฃ300k, Choose Your Weapon ยฃ140k, Radar Rat ยฃ180k, Triptych Chucker ยฃ300k and a dedicated misprinted Kate ยฃ250k. Remember these are prints not originals, IMO originals especially edition ones have quite a bit of room to move up. HW, Lenin, PB, LN, Constabulary, Kids on guns. |
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JFCC
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May 2020
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by JFCC on Apr 27, 2022 10:05:02 GMT 1, Sorry for any confusion!!
So here is an example of the calculation as I do it to work out what the buyer actually paid or the "all in" price:
Using Thrower which is listed as ยฃ277,200 on the website this is made up of from the Hammer Price plus 26% (BP 25% and Admin 1%).
So hammer price is ยฃ220,000. (ยฃ277,200/1.26)
The buyers premium is subject to VAT so to add this it is 26% + 20% VAT = 31.2%.
ARR is a sliding scale so I use about 4% as this works for most prints hence the rounded 35% I use.
The all up price or what the buyer paid therefore is Hammer price x 35% so for Thrower this is ยฃ297k.
This also works back to the BanksyValue site.
Hope this helps!
Sorry for any confusion!!
So here is an example of the calculation as I do it to work out what the buyer actually paid or the "all in" price:
Using Thrower which is listed as ยฃ277,200 on the website this is made up of from the Hammer Price plus 26% (BP 25% and Admin 1%).
So hammer price is ยฃ220,000. (ยฃ277,200/1.26)
The buyers premium is subject to VAT so to add this it is 26% + 20% VAT = 31.2%.
ARR is a sliding scale so I use about 4% as this works for most prints hence the rounded 35% I use.
The all up price or what the buyer paid therefore is Hammer price x 35% so for Thrower this is ยฃ297k.
This also works back to the BanksyValue site.
Hope this helps!
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JFCC
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May 2020
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by JFCC on Apr 27, 2022 10:17:14 GMT 1, For UK sales rule of thumb for all-in cost is times the Hammer price by 1.30x. (That excludes any ARR and assumes buyers premium at 25% of hammer) The after sales prices quoted by auction houses only includes Buyer's Premium because VAT may not be applicable depending on where you live, i.e. non UK tax resident.
For UK sales rule of thumb for all-in cost is times the Hammer price by 1.30x. (That excludes any ARR and assumes buyers premium at 25% of hammer) The after sales prices quoted by auction houses only includes Buyer's Premium because VAT may not be applicable depending on where you live, i.e. non UK tax resident. As a small point there are virtually no jurisdictions where you can bring artwork in duty free, most countries actually have a higher rate based on the value. Exceptions are Liechtenstein, Monaco, San Marino, etc so it's actually a "blind" by the auction houses to make their fees appear more reasonable. |
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cama1556
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July 2021
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by cama1556 on Apr 27, 2022 11:37:21 GMT 1, For UK sales rule of thumb for all-in cost is times the Hammer price by 1.30x. (That excludes any ARR and assumes buyers premium at 25% of hammer) The after sales prices quoted by auction houses only includes Buyer's Premium because VAT may not be applicable depending on where you live, i.e. non UK tax resident. As a small point there are virtually no jurisdictions where you can bring artwork in duty free, most countries actually have a higher rate based on the value. Exceptions are Liechtenstein, Monaco, San Marino, etc so it's actually a "blind" by the auction houses to make their fees appear more reasonable.
Completely agree!
For UK sales rule of thumb for all-in cost is times the Hammer price by 1.30x. (That excludes any ARR and assumes buyers premium at 25% of hammer) The after sales prices quoted by auction houses only includes Buyer's Premium because VAT may not be applicable depending on where you live, i.e. non UK tax resident. As a small point there are virtually no jurisdictions where you can bring artwork in duty free, most countries actually have a higher rate based on the value. Exceptions are Liechtenstein, Monaco, San Marino, etc so it's actually a "blind" by the auction houses to make their fees appear more reasonable. Completely agree! |
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artlike
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November 2021
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by artlike on Apr 27, 2022 12:05:42 GMT 1, I am now more confused than ever, how do we know what the hammer price was? Previously at auctions it seemed to be only the hammer price was shown, and then some member would kindly make a list of the sold prices including everything else to show the final price that the buyer paid.
They do it now to make the results look better. Which was needed here for sure
I am now more confused than ever, how do we know what the hammer price was? Previously at auctions it seemed to be only the hammer price was shown, and then some member would kindly make a list of the sold prices including everything else to show the final price that the buyer paid. They do it now to make the results look better. Which was needed here for sure |
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Patrick 01
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May 2017
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by Patrick 01 on Apr 27, 2022 18:07:00 GMT 1, The beautiful Billy Childish hasn't even had a bid yet. Surprising after his ยฃ163,000 result with Christie's.
Frustrating viewing so far bar Fika Leon. Fingers crossed for a surge tomorrow
The beautiful Billy Childish hasn't even had a bid yet. Surprising after his ยฃ163,000 result with Christie's. Frustrating viewing so far bar Fika Leon. Fingers crossed for a surge tomorrow |
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Hubble Bubble
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by Hubble Bubble on Apr 27, 2022 18:17:48 GMT 1, The beautiful Billy Childish hasn't even had a bid yet. Surprising after his ยฃ163,000 result with Christie's.
I think his work has developed so much that these earlier pieces are very rough in comparison. Itโs also pretty small from memory.
HB
The beautiful Billy Childish hasn't even had a bid yet. Surprising after his ยฃ163,000 result with Christie's. I think his work has developed so much that these earlier pieces are very rough in comparison. Itโs also pretty small from memory. HB |
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Hubble Bubble
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by Hubble Bubble on Apr 27, 2022 18:33:14 GMT 1, I think his work has developed so much that these earlier pieces are very rough in comparison. Itโs also pretty small from memory. HB But even ยฃ8,000 for a unique artwork on canvas from a much loved artist is still a surprise.
Agreed, yes.
I think his work has developed so much that these earlier pieces are very rough in comparison. Itโs also pretty small from memory. HB But even ยฃ8,000 for a unique artwork on canvas from a much loved artist is still a surprise. Agreed, yes. |
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Hubble Bubble
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by Hubble Bubble on Apr 27, 2022 18:35:54 GMT 1, Go Billy Childish! ๐ค We need Thierry's team on it! ๐
Indeed we do, chap ๐
Go Billy Childish! ๐ค We need Thierry's team on it! ๐ Indeed we do, chap ๐ |
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by Deleted on Apr 27, 2022 18:38:05 GMT 1, Go Billy Childish! ๐ค We need Thierry's team on it! ๐
please... No... He's doing fine
Go Billy Childish! ๐ค We need Thierry's team on it! ๐ please... No... He's doing fine |
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Hubble Bubble
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by Hubble Bubble on Apr 27, 2022 18:43:04 GMT 1,
Sorryโฆ was channeling my inner Henners and not caring a jot for gender ๐คฆโโ๏ธ
Sorryโฆ was channeling my inner Henners and not caring a jot for gender ๐คฆโโ๏ธ |
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Hubble Bubble
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December 2010
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Ads Army
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May 2021
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by Ads Army on May 17, 2022 9:52:00 GMT 1, Finally - great to see some long overdue recognition and price appreciation !
Finally - great to see some long overdue recognition and price appreciation !
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by Art Attackkk on May 17, 2022 11:29:10 GMT 1, There is a separate thread for these two Sothebyโs pieces. Iโm going with ยฃ15k for this one and ยฃ75k for the large flower seller. The small ones have sold for around ยฃ10,000 each recently on eBay, but this is Sothebyโs so those customers will have fatter wallets, hence my higher price! Plus 25% or whatever fees on top of course ๐
There is a separate thread for these two Sothebyโs pieces. Iโm going with ยฃ15k for this one and ยฃ75k for the large flower seller. The small ones have sold for around ยฃ10,000 each recently on eBay, but this is Sothebyโs so those customers will have fatter wallets, hence my higher price! Plus 25% or whatever fees on top of course ๐
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dumbo
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November 2020
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by dumbo on May 19, 2022 23:00:08 GMT 1, The CYW original has gone, I was looking forward to seeing that result.
The CYW original has gone, I was looking forward to seeing that result.
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7star
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December 2013
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by 7star on May 19, 2022 23:25:18 GMT 1, Amazing piece ....................... really wanted to know if it would of reached 6m-8m though
A small to medium Picasso canvas fetched $2.8m a little while ago so really is it worth two and a bit Picasso's?
Yes in my humble opinion but makes you think how strong his market is now
Amazing piece ....................... really wanted to know if it would of reached 6m-8m though
A small to medium Picasso canvas fetched $2.8m a little while ago so really is it worth two and a bit Picasso's?
Yes in my humble opinion but makes you think how strong his market is now
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Harveyn
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July 2007
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by Harveyn on May 20, 2022 0:12:36 GMT 1, Big price on the Banksy that was not pulled.
$2.7m
Photo Opportunity
This is Not a Photo Opportunity (Oil on found canvas) - 62 by 72 cm
Big price on the Banksy that was not pulled.
$2.7m
Photo Opportunity
This is Not a Photo Opportunity (Oil on found canvas) - 62 by 72 cm
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bonesy
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July 2006
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by bonesy on May 20, 2022 12:28:01 GMT 1, Anyone know why the lot was cancelled?
Anyone know why the lot was cancelled?
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apprint
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by apprint on May 20, 2022 14:08:49 GMT 1, Anyone know why the lot was cancelled?
Was not bids, so better pull it out than get unsold ...
Anyone know why the lot was cancelled? Was not bids, so better pull it out than get unsold ... |
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Dermoth
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by Dermoth on Aug 17, 2022 11:31:17 GMT 1, Agree. Itโs a nice selection of the better known prints. Gives an indication of where pricing is at now.
Agree. Itโs a nice selection of the better known prints. Gives an indication of where pricing is at now.
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pranart
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July 2022
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by pranart on Aug 17, 2022 12:36:12 GMT 1, Flag is flying! Itโs my favourite print -lot be honest! Gosh, if I had a spare million.
Flag is flying! Itโs my favourite print -lot be honest! Gosh, if I had a spare million.
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Hubble Bubble
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by Hubble Bubble on Aug 17, 2022 12:45:20 GMT 1, Itโs a good time to buy Mr B
G g g g hbhbu h l
Itโs a good time to buy Mr B
G g g g hbhbu h l
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Nick
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Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by Nick on Aug 17, 2022 13:15:23 GMT 1, This text sits under the Stop And Search
"This lot was previously accompanied by a certificate of authenticity issued before 2020. In accordance with Pest Control Office regulations an updated certificate is due to be issued. Please note that the timing of Pest Control Officeโs processes is outside of Sothebyโs control. "
First i've heard of this. Are old style COAS being replaced?
This text sits under the Stop And Search
"This lot was previously accompanied by a certificate of authenticity issued before 2020. In accordance with Pest Control Office regulations an updated certificate is due to be issued. Please note that the timing of Pest Control Officeโs processes is outside of Sothebyโs control. "
First i've heard of this. Are old style COAS being replaced?
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