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Sotheby's Art Auctions • LONDON 🇬🇧, by artforartssake on Sept 17, 2021 13:05:55 GMT 1, Looking fairly healthy
Looking fairly healthy
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junkbondjim
New Member
Posts • 27
Likes • 15
March 2021
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Sotheby's Art Auctions • LONDON 🇬🇧, by junkbondjim on Sept 17, 2021 14:16:18 GMT 1, Whoever wrote the market off was a bit premature. All in the auction house and the quality of the work.
Whoever wrote the market off was a bit premature. All in the auction house and the quality of the work.
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mechismo
New Member
Posts • 49
Likes • 133
April 2006
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Sotheby's Art Auctions • LONDON 🇬🇧, by mechismo on Sept 17, 2021 14:25:40 GMT 1, First auction for a while with no passes too... shows what a good auction house and good, well chosen commissions can do.
First auction for a while with no passes too... shows what a good auction house and good, well chosen commissions can do.
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otomi
Junior Member
Posts • 1,805
Likes • 169
July 2007
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Sotheby's Art Auctions • LONDON 🇬🇧, by otomi on Sept 17, 2021 14:28:47 GMT 1, are the final prices on the website with or without the fees?
are the final prices on the website with or without the fees?
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Sotheby's Art Auctions • LONDON 🇬🇧, by dukeofwybourne on Sept 17, 2021 14:33:28 GMT 1, A mixed bag - decent results for the signed Girl With Balloon and Morons.
Poor results for Choose Your Weapon, grey (why the seller agreed to the ridiculously low estimate I don't know), Love Rat, Kate (nearly 100k lower than Sotheby's earlier this year), Laugh Now.
And average for most of the others.
A mixed bag - decent results for the signed Girl With Balloon and Morons.
Poor results for Choose Your Weapon, grey (why the seller agreed to the ridiculously low estimate I don't know), Love Rat, Kate (nearly 100k lower than Sotheby's earlier this year), Laugh Now.
And average for most of the others.
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18921892
New Member
Posts • 568
Likes • 289
May 2020
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Sotheby's Art Auctions • LONDON 🇬🇧, by 18921892 on Sept 17, 2021 14:35:45 GMT 1, are the final prices on the website with or without the fees? They include BP, but not ARR or VAT on BP. Sometimes members post the final numbers but the buyer will be paying more than the sold price.
Solid results there all the way round, not surprising really. The artist of our time.
Signed Laugh Now was low due to it being a gift dedicated print to "Brendan", who would want that print other than Brendan. The unsigned Girl With Balloon was not in good shape and horribly framed and still fetched £130k.
Trolleys £70k is great as is £120k for a Choose Your Weapon QJ.
are the final prices on the website with or without the fees? They include BP, but not ARR or VAT on BP. Sometimes members post the final numbers but the buyer will be paying more than the sold price. Solid results there all the way round, not surprising really. The artist of our time. Signed Laugh Now was low due to it being a gift dedicated print to "Brendan", who would want that print other than Brendan. The unsigned Girl With Balloon was not in good shape and horribly framed and still fetched £130k. Trolleys £70k is great as is £120k for a Choose Your Weapon QJ.
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FЯ
Full Member
Posts • 8,248
Likes • 9,236
May 2013
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Sotheby's Art Auctions • LONDON 🇬🇧, by FЯ on Sept 17, 2021 14:44:05 GMT 1, The sale ends is completely buggered on the back
what on earth is all this
The sale ends is completely buggered on the back what on earth is all this
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Sotheby's Art Auctions • LONDON 🇬🇧, by dukeofwybourne on Sept 17, 2021 14:45:25 GMT 1, are the final prices on the website with or without the fees? They include BP, but not ARR or VAT on BP. Sometimes members post the final numbers but the buyer will be paying more than the sold price. Solid results there all the way round, not surprising really. The artist of our time. Signed Laugh Now was low due to it being a gift dedicated print to "Brendan", who would want that print other than Brendan. The unsigned Girl With Balloon was not in good shape and horribly framed and still fetched £130k. Trolleys £70k is great as is £120k for a Choose Your Weapon QJ. Yep good for Trolleys. Not too bad for No Ball Games. But in March at Sotheby's Choose Your Weapon Queue Jumping Grey went for £216,000...
are the final prices on the website with or without the fees? They include BP, but not ARR or VAT on BP. Sometimes members post the final numbers but the buyer will be paying more than the sold price. Solid results there all the way round, not surprising really. The artist of our time. Signed Laugh Now was low due to it being a gift dedicated print to "Brendan", who would want that print other than Brendan. The unsigned Girl With Balloon was not in good shape and horribly framed and still fetched £130k. Trolleys £70k is great as is £120k for a Choose Your Weapon QJ. Yep good for Trolleys. Not too bad for No Ball Games. But in March at Sotheby's Choose Your Weapon Queue Jumping Grey went for £216,000...
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wave
Junior Member
Posts • 1,036
Likes • 176
March 2007
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Sotheby's Art Auctions • LONDON 🇬🇧, by wave on Sept 17, 2021 14:51:11 GMT 1, A mixed bag - decent results for the signed Girl With Balloon and Morons. Poor results for Choose Your Weapon, grey (why the seller agreed to the ridiculously low estimate I don't know), Love Rat, Kate (nearly 100k lower than Sotheby's earlier this year), Laugh Now. And average for most of the others.
Says QJQ had some condition issues. Dunno how bad?
A mixed bag - decent results for the signed Girl With Balloon and Morons. Poor results for Choose Your Weapon, grey (why the seller agreed to the ridiculously low estimate I don't know), Love Rat, Kate (nearly 100k lower than Sotheby's earlier this year), Laugh Now. And average for most of the others. Says QJQ had some condition issues. Dunno how bad?
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Knowss
New Member
Posts • 369
Likes • 316
November 2019
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Sotheby's Art Auctions • LONDON 🇬🇧, by Knowss on Sept 17, 2021 14:57:58 GMT 1, I wonder if this is going to have any effect on the Christie's auction now.
I wonder if this is going to have any effect on the Christie's auction now.
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orchid
Junior Member
Posts • 1,450
Likes • 1,135
May 2018
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Sotheby's Art Auctions • LONDON 🇬🇧, by orchid on Sept 17, 2021 14:58:06 GMT 1, A mixed bag - decent results for the signed Girl With Balloon and Morons. Poor results for Choose Your Weapon, grey (why the seller agreed to the ridiculously low estimate I don't know), Love Rat, Kate (nearly 100k lower than Sotheby's earlier this year), Laugh Now. And average for most of the others.
No one's been buying overvalued banksy prints a while since the auctions got greedy with all these banksy only sales and the big cash out exodus. Dead.
A mixed bag - decent results for the signed Girl With Balloon and Morons. Poor results for Choose Your Weapon, grey (why the seller agreed to the ridiculously low estimate I don't know), Love Rat, Kate (nearly 100k lower than Sotheby's earlier this year), Laugh Now. And average for most of the others. No one's been buying overvalued banksy prints a while since the auctions got greedy with all these banksy only sales and the big cash out exodus. Dead.
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sincebyman
New Member
Posts • 495
Likes • 238
April 2014
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Sotheby's Art Auctions • LONDON 🇬🇧, by sincebyman on Sept 17, 2021 15:03:17 GMT 1, With this result, what’s a good price to ask for my green Nbg? Me thinks it is times to move on. Okay.
With this result, what’s a good price to ask for my green Nbg? Me thinks it is times to move on. Okay.
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mechismo
New Member
Posts • 49
Likes • 133
April 2006
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Sotheby's Art Auctions • LONDON 🇬🇧, by mechismo on Sept 17, 2021 15:23:50 GMT 1, The sale ends is completely buggered on the back what on earth is all this Note to self, scratch Grey Goose Custom Framers off the list...
The sale ends is completely buggered on the back what on earth is all this Note to self, scratch Grey Goose Custom Framers off the list...
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Jonas B
Junior Member
Posts • 1,442
Likes • 1,595
February 2021
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Sotheby's Art Auctions • LONDON 🇬🇧, by Jonas B on Sept 17, 2021 15:25:42 GMT 1, When ‘Love is in the bin’ goes through at a crazy price next month there’s a chance it will have a positive effect on his prices. Or not.
When ‘Love is in the bin’ goes through at a crazy price next month there’s a chance it will have a positive effect on his prices. Or not.
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Dubman
New Member
Posts • 354
Likes • 405
May 2020
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Sotheby's Art Auctions • LONDON 🇬🇧, by Dubman on Sept 17, 2021 15:53:22 GMT 1, Better results than expected to be fair, considering the woeful results of late, good to see appropriate corrections for some pieces (Police Kids was over £100k at the beginning of the year after being £30k in early 2020).
All commodities fluctuate and as has been shared on here no need for a 'fire sale' - the good thing is most who know are not selling anything which is keeping supply lower. If the auction houses can take a breath too and stop having auctions every 2 minutes that will also help (along with / after Love is in the bin).
Poker faces people - it will come back, always does.
Better results than expected to be fair, considering the woeful results of late, good to see appropriate corrections for some pieces (Police Kids was over £100k at the beginning of the year after being £30k in early 2020).
All commodities fluctuate and as has been shared on here no need for a 'fire sale' - the good thing is most who know are not selling anything which is keeping supply lower. If the auction houses can take a breath too and stop having auctions every 2 minutes that will also help (along with / after Love is in the bin).
Poker faces people - it will come back, always does.
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Sotheby's Art Auctions • LONDON 🇬🇧, by Adam The Collector on Sept 17, 2021 18:32:39 GMT 1, 107k GBP for Sepia Morons... Hell Yeah! Lovely to see this "underrated" print really comes into its own. Always been my personal favorite.
107k GBP for Sepia Morons... Hell Yeah! Lovely to see this "underrated" print really comes into its own. Always been my personal favorite.
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soam24
Junior Member
Posts • 1,007
Likes • 379
December 2012
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Sotheby's Art Auctions • LONDON 🇬🇧, by soam24 on Sept 17, 2021 18:47:27 GMT 1, What is BP at Sotheby's? 20%? 25%?
What is BP at Sotheby's? 20%? 25%?
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Hubble Bubble
Junior Member
Posts • 4,097
Likes • 3,530
December 2010
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Sotheby's Art Auctions • LONDON 🇬🇧, by Hubble Bubble on Sept 17, 2021 18:54:23 GMT 1, Add 35% to hammer is a good rule of thumb. It’s a sliding scale but 35% on this level of hammer gets you 25% buyers premium, VAT on the premium (but not the hammer) 4% Artist Resale Right and 1% admin on an online sale.
Add 35% to hammer is a good rule of thumb. It’s a sliding scale but 35% on this level of hammer gets you 25% buyers premium, VAT on the premium (but not the hammer) 4% Artist Resale Right and 1% admin on an online sale.
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apprint
New Member
Posts • 583
Likes • 127
January 2012
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Sotheby's Art Auctions • LONDON 🇬🇧, by apprint on Sept 17, 2021 18:56:30 GMT 1, Add 35% to hammer is a good rule of thumb. It’s a sliding scale but 35% on this level of hammer gets you 25% buyers premium, VAT on the premium (but not the hammer) 4% Artist Resale Right and 1% admin on an online sale.
You need to add 40% total of the hammer
Add 35% to hammer is a good rule of thumb. It’s a sliding scale but 35% on this level of hammer gets you 25% buyers premium, VAT on the premium (but not the hammer) 4% Artist Resale Right and 1% admin on an online sale. You need to add 40% total of the hammer
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Sundowner
Junior Member
Posts • 4,223
Likes • 2,427
September 2008
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Sotheby's Art Auctions • LONDON 🇬🇧, by Sundowner on Sept 17, 2021 19:55:47 GMT 1, A mixed bag - decent results for the signed Girl With Balloon and Morons. Poor results for Choose Your Weapon, grey (why the seller agreed to the ridiculously low estimate I don't know), Love Rat, Kate (nearly 100k lower than Sotheby's earlier this year), Laugh Now. And average for most of the others. Says QJQ had some condition issues. Dunno how bad?
No condition issues - I inspected it out of the frame. Same for the pink one.
A mixed bag - decent results for the signed Girl With Balloon and Morons. Poor results for Choose Your Weapon, grey (why the seller agreed to the ridiculously low estimate I don't know), Love Rat, Kate (nearly 100k lower than Sotheby's earlier this year), Laugh Now. And average for most of the others. Says QJQ had some condition issues. Dunno how bad? No condition issues - I inspected it out of the frame. Same for the pink one.
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Sundowner
Junior Member
Posts • 4,223
Likes • 2,427
September 2008
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Sotheby's Art Auctions • LONDON 🇬🇧, by Sundowner on Sept 17, 2021 19:56:58 GMT 1, absolutely stoked on those results morons sepia for 140k (including fees)
How did you reach that? Result all in was about £120k
absolutely stoked on those results morons sepia for 140k (including fees) How did you reach that? Result all in was about £120k
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FЯ
Full Member
Posts • 8,248
Likes • 9,236
May 2013
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Sotheby's Art Auctions • LONDON 🇬🇧, by FЯ on Sept 17, 2021 20:00:29 GMT 1, Says QJQ had some condition issues. Dunno how bad? No condition issues - I inspected it out of the frame. Same for the pink one. ‘The full sheet, in good condition, some very faint soiling mainly on upper sheet edge, framed.’
thing is buyers will be reading that and basing their bids. So therefore it has condition issues.
Says QJQ had some condition issues. Dunno how bad? No condition issues - I inspected it out of the frame. Same for the pink one. ‘The full sheet, in good condition, some very faint soiling mainly on upper sheet edge, framed.’ thing is buyers will be reading that and basing their bids. So therefore it has condition issues.
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E9Boy
New Member
Posts • 285
Likes • 192
October 2020
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Sotheby's Art Auctions • LONDON 🇬🇧, by E9Boy on Sept 17, 2021 20:31:26 GMT 1, are the final prices on the website with or without the fees? They include BP, but not ARR or VAT on BP. Sometimes members post the final numbers but the buyer will be paying more than the sold price. Solid results there all the way round, not surprising really. The artist of our time. Signed Laugh Now was low due to it being a gift dedicated print to "Brendan", who would want that print other than Brendan. The unsigned Girl With Balloon was not in good shape and horribly framed and still fetched £130k. Trolleys £70k is great as is £120k for a Choose Your Weapon QJ.
LOzl not too many Brendans around !
are the final prices on the website with or without the fees? They include BP, but not ARR or VAT on BP. Sometimes members post the final numbers but the buyer will be paying more than the sold price. Solid results there all the way round, not surprising really. The artist of our time. Signed Laugh Now was low due to it being a gift dedicated print to "Brendan", who would want that print other than Brendan. The unsigned Girl With Balloon was not in good shape and horribly framed and still fetched £130k. Trolleys £70k is great as is £120k for a Choose Your Weapon QJ. LOzl not too many Brendans around !
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samo
Junior Member
Posts • 1,503
Likes • 1,199
October 2007
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Sotheby's Art Auctions • LONDON 🇬🇧, by samo on Sept 17, 2021 21:23:22 GMT 1, absolutely stoked on those results morons sepia for 140k (including fees) How did you reach that? Result all in was about £120k I think TheItalianOne means 140k Euro. £120k equals to €140K with the current exchange rate.
absolutely stoked on those results morons sepia for 140k (including fees) How did you reach that? Result all in was about £120k I think TheItalianOne means 140k Euro. £120k equals to €140K with the current exchange rate.
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Hubble Bubble
Junior Member
Posts • 4,097
Likes • 3,530
December 2010
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Sotheby's Art Auctions • LONDON 🇬🇧, by Hubble Bubble on Sept 17, 2021 23:30:23 GMT 1, Add 35% to hammer is a good rule of thumb. It’s a sliding scale but 35% on this level of hammer gets you 25% buyers premium, VAT on the premium (but not the hammer) 4% Artist Resale Right and 1% admin on an online sale.
Add 35% to hammer is a good rule of thumb. It’s a sliding scale but 35% on this level of hammer gets you 25% buyers premium, VAT on the premium (but not the hammer) 4% Artist Resale Right and 1% admin on an online sale. You need to add 40% total of the hammer
Interesting. I’ve always worked to the metric above and all the pieces I’ve bought at Sotheby’s, Christie’s and Bonham’s all use these multiples. What percentages comprise your 40% ?
Add 35% to hammer is a good rule of thumb. It’s a sliding scale but 35% on this level of hammer gets you 25% buyers premium, VAT on the premium (but not the hammer) 4% Artist Resale Right and 1% admin on an online sale. Add 35% to hammer is a good rule of thumb. It’s a sliding scale but 35% on this level of hammer gets you 25% buyers premium, VAT on the premium (but not the hammer) 4% Artist Resale Right and 1% admin on an online sale. You need to add 40% total of the hammer Interesting. I’ve always worked to the metric above and all the pieces I’ve bought at Sotheby’s, Christie’s and Bonham’s all use these multiples. What percentages comprise your 40% ?
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jarw
New Member
Posts • 33
Likes • 13
August 2021
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Sotheby's Art Auctions • LONDON 🇬🇧, by jarw on Sept 18, 2021 5:37:11 GMT 1, Final prices show buyer’s premium? Wasn’t aware of that. Pretty strong auction results I believe. Market down a little from highs but probably all new highs in 2023 to come anyway.
Final prices show buyer’s premium? Wasn’t aware of that. Pretty strong auction results I believe. Market down a little from highs but probably all new highs in 2023 to come anyway.
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brookvale
New Member
Posts • 325
Likes • 136
January 2013
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Sotheby's Art Auctions • LONDON 🇬🇧, by brookvale on Sept 18, 2021 11:57:19 GMT 1, What happens if you were to make the winning bid but then discovered you could make the payment? Hasn’t happened me, but just wondering ?
What happens if you were to make the winning bid but then discovered you could make the payment? Hasn’t happened me, but just wondering ?
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kfroms
Junior Member
Posts • 1,686
Likes • 2,542
October 2011
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Sotheby's Art Auctions • LONDON 🇬🇧, by kfroms on Sept 18, 2021 14:33:43 GMT 1, What happens if you were to make the winning bid but then discovered you could make the payment? Hasn’t happened me, but just wondering ?
In theory they can come after you for breach of contract and force you to pay BUT non- paying winning bidders are quite common and other than blacklisting you not a lot will happen.
Good read:
www.theartnewspaper.com/news/hammer-horror-as-bidders-won-t-pay-up
What happens if you were to make the winning bid but then discovered you could make the payment? Hasn’t happened me, but just wondering ? In theory they can come after you for breach of contract and force you to pay BUT non- paying winning bidders are quite common and other than blacklisting you not a lot will happen. Good read: www.theartnewspaper.com/news/hammer-horror-as-bidders-won-t-pay-up
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Deleted
Posts • 0
Likes •
January 1970
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Sotheby's Art Auctions • LONDON 🇬🇧, by Deleted on Sept 18, 2021 16:34:15 GMT 1, What happens if you were to make the winning bid but then discovered you could make the payment? Hasn’t happened me, but just wondering ? In theory they can come after you for breach of contract and force you to pay BUT not paying winning bidders are quite common and other than blacklisting you not a lot will happen. Good read: www.theartnewspaper.com/news/hammer-horror-as-bidders-won-t-pay-up That's fascinating. 41% of Chinese auctions resulting in non-payment? Wow.
What happens if you were to make the winning bid but then discovered you could make the payment? Hasn’t happened me, but just wondering ? In theory they can come after you for breach of contract and force you to pay BUT not paying winning bidders are quite common and other than blacklisting you not a lot will happen. Good read: www.theartnewspaper.com/news/hammer-horror-as-bidders-won-t-pay-upThat's fascinating. 41% of Chinese auctions resulting in non-payment? Wow.
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