Lazarus II
Junior Member
๐จ๏ธ 1,804
๐๐ป 2,429
August 2019
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, 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 ! |
|
Deleted
๐จ๏ธ 0
๐๐ป
January 1970
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, 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 |
|
Lazarus II
Junior Member
๐จ๏ธ 1,804
๐๐ป 2,429
August 2019
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, 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. |
|
samo
Junior Member
๐จ๏ธ 1,512
๐๐ป 1,210
October 2007
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by samo on Mar 17, 2020 18:10:43 GMT 1, Is Shrigley Banksy? ๐ค 
Is Shrigley Banksy? ๐ค
|
|
iamzero
Full Member
๐จ๏ธ 9,190
๐๐ป 8,545
May 2011
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by iamzero on Mar 17, 2020 18:16:59 GMT 1, The Stik Sleeping Baby fetched ยฃ30k I think?
The Stik Sleeping Baby fetched ยฃ30k I think?
|
|
LJCal
Junior Member
๐จ๏ธ 2,980
๐๐ป 4,523
December 2019
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by LJCal on Mar 17, 2020 18:19:14 GMT 1, Is Shrigley Banksy? ๐ค
Is Shrigley Banksy? ๐ค
That is fucking nuts, canโt be a genuine sale |
|
|
|
LJCal
Junior Member
๐จ๏ธ 2,980
๐๐ป 4,523
December 2019
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by LJCal on Mar 17, 2020 18:23:47 GMT 1, Shrigley, Riley, Emin and Hirst all performed well ahead of my expectations. Seems like the art market is lagging behind the rest of the world.
Shrigley, Riley, Emin and Hirst all performed well ahead of my expectations. Seems like the art market is lagging behind the rest of the world.
|
|
noclue
New Member
๐จ๏ธ 59
๐๐ป 47
December 2019
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by noclue on Mar 17, 2020 18:49:47 GMT 1, Anyone have the main results as keen to see?
thanks in advance
Anyone have the main results as keen to see?
thanks in advance
|
|
LJCal
Junior Member
๐จ๏ธ 2,980
๐๐ป 4,523
December 2019
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by LJCal on Mar 17, 2020 18:56:34 GMT 1, The Stik Sleeping Baby fetched ยฃ30k I think?
Yes after fees. Hammered at ยฃ24k
The Stik Sleeping Baby fetched ยฃ30k I think? Yes after fees. Hammered at ยฃ24k |
|
LJCal
Junior Member
๐จ๏ธ 2,980
๐๐ป 4,523
December 2019
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by LJCal on Mar 17, 2020 18:56:55 GMT 1, Anyone have the main results as keen to see? thanks in advance
Theyโre all online
Anyone have the main results as keen to see? thanks in advance Theyโre all online |
|
lv90210
Junior Member
๐จ๏ธ 2,030
๐๐ป 1,926
January 2018
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, 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
|
|
|
|
noclue
New Member
๐จ๏ธ 59
๐๐ป 47
December 2019
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by noclue on Mar 17, 2020 19:51:35 GMT 1, Awesome, much appreciated
Awesome, much appreciated |
|
blerd
Junior Member
๐จ๏ธ 1,350
๐๐ป 1,203
November 2016
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, 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
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. |
|
|
|
LJCal
Junior Member
๐จ๏ธ 2,980
๐๐ป 4,523
December 2019
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by LJCal on Mar 17, 2020 21:49:27 GMT 1, I am shocked at how much some of the Emin bits have sold for.
I am shocked at how much some of the Emin bits have sold for. Yeah pretty punchy, the Shrigleys take the biscuit though. Iโm sure there was shill bidders in that auction hyping his market. |
|
LJCal
Junior Member
๐จ๏ธ 2,980
๐๐ป 4,523
December 2019
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by LJCal on Mar 17, 2020 22:04:26 GMT 1, Yeah pretty punchy, the Shrigleys take the biscuit though. Iโm sure there was shill bidders in that auction hyping his market. I have to be honest - some of those hammer prices are beyond dubious, especially with fees added on. Well, at least on paper, my entire collection is now worth a lot more than it was! The Hirst "LSD" spots also went for what I think is an insane amount (judging what I have been offered privately in the recent past) Hmmmmmmmm.......
Yeah pretty punchy, the Shrigleys take the biscuit though. Iโm sure there was shill bidders in that auction hyping his market. I have to be honest - some of those hammer prices are beyond dubious, especially with fees added on. Well, at least on paper, my entire collection is now worth a lot more than it was! The Hirst "LSD" spots also went for what I think is an insane amount (judging what I have been offered privately in the recent past) Hmmmmmmmm....... Yeah lsd was stupid, I mean ยฃ17k for a posh poster from a big edition. Iโd be surprised if that was shill bidding tough, Iโm not saying Hirst doesnโt do it but Iโd imagine it would be ogs and more high profile sales. I think that price was two rich idiots bored at being locked in doors. |
|
|
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by Horatio Nelson on Mar 17, 2020 22:22:32 GMT 1, I have a Rampage print myself and was following this with interest, including the pre-auction bids.
The 16k hammer price is absolutely absurd and canโt be a genuine result. The print is obviously long since sold out (and I think one of his much better pieces), but any collector with half a brain and some patience could source one of these outside the auction houses for no more than ยฃ5-6k tops, and certainly not into five figures.
Did anyone see the price go up in real time? (Just to make sure not a typo...)
I have a Rampage print myself and was following this with interest, including the pre-auction bids.
The 16k hammer price is absolutely absurd and canโt be a genuine result. The print is obviously long since sold out (and I think one of his much better pieces), but any collector with half a brain and some patience could source one of these outside the auction houses for no more than ยฃ5-6k tops, and certainly not into five figures.
Did anyone see the price go up in real time? (Just to make sure not a typo...)
|
|
LJCal
Junior Member
๐จ๏ธ 2,980
๐๐ป 4,523
December 2019
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by LJCal on Mar 17, 2020 22:29:14 GMT 1, I have a Rampage print myself and was following this with interest, including the pre-auction bids. The 16k hammer price is absolutely absurd and canโt be a genuine result. The print is obviously long since sold out (and I think one of his much better pieces), but any collector with half a brain and some patience could source one of these outside the auction houses for no more than ยฃ5-6k tops, and certainly not into five figures. Did anyone see the price go up in real time? (Just to make sure not a typo...)
I have a Rampage print myself and was following this with interest, including the pre-auction bids. The 16k hammer price is absolutely absurd and canโt be a genuine result. The print is obviously long since sold out (and I think one of his much better pieces), but any collector with half a brain and some patience could source one of these outside the auction houses for no more than ยฃ5-6k tops, and certainly not into five figures. Did anyone see the price go up in real time? (Just to make sure not a typo...) Itโs not a typo there were under bidders. Itโs a ยฃ3k print in my view on a good day with the wind behind it |
|
|
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by Horatio Nelson on Mar 17, 2020 23:07:47 GMT 1, I saw it at around 3,500 the day before (ex premium), which is what I thought it would sell at.
I was actually getting ready to call up the insurers with updated portfolio valuation as I had three or so pieces which featured in this sale, but I would be an idiot to declare/pay a premium on my Shrigley based on a ยฃ16k valuation, because it simply isn't worth that. One of the other prints I have is Hodgkin's Ice, which sold at a very very low price and is probably worth more.
I saw it at around 3,500 the day before (ex premium), which is what I thought it would sell at.
I was actually getting ready to call up the insurers with updated portfolio valuation as I had three or so pieces which featured in this sale, but I would be an idiot to declare/pay a premium on my Shrigley based on a ยฃ16k valuation, because it simply isn't worth that. One of the other prints I have is Hodgkin's Ice, which sold at a very very low price and is probably worth more.
|
|
lv90210
Junior Member
๐จ๏ธ 2,030
๐๐ป 1,926
January 2018
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, 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
|
|
Sundowner
Junior Member
๐จ๏ธ 4,227
๐๐ป 2,429
September 2008
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, 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....
|
|
lv90210
Junior Member
๐จ๏ธ 2,030
๐๐ป 1,926
January 2018
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by lv90210 on Mar 23, 2020 11:26:17 GMT 1, That Nola is cheap - these are changing hands for ยฃ70k now....
That Nola is cheap - these are changing hands for ยฃ70k now.... Its not finished yet..... |
|
|
|
|
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, 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
|
|
cest
Junior Member
๐จ๏ธ 1,725
๐๐ป 1,160
September 2018
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, 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
|
|
frezza
Junior Member
๐จ๏ธ 1,087
๐๐ป 526
August 2009
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by frezza on Mar 23, 2020 11:52:26 GMT 1, That Nola is cheap - these are changing hands for ยฃ70k now....
That Nola is cheap - these are changing hands for ยฃ70k now.... Are they really? |
|
lv90210
Junior Member
๐จ๏ธ 2,030
๐๐ป 1,926
January 2018
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, by lv90210 on Mar 23, 2020 11:55:24 GMT 1, Looks like it is now a storage of wealth
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. |
|
lv90210
Junior Member
๐จ๏ธ 2,030
๐๐ป 1,926
January 2018
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, 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?
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. |
|
Poster Bob
Junior Member
๐จ๏ธ 5,891
๐๐ป 5,522
September 2013
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, 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 |
|
Lazarus II
Junior Member
๐จ๏ธ 1,804
๐๐ป 2,429
August 2019
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, 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. |
|
Fast Eddie
New Member
๐จ๏ธ 714
๐๐ป 852
November 2018
|
Sotheby's Art Auctions โข LONDON ๐ฌ๐ง, 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.
|
|
