[vernaxley]

Oct 14, 2021 18:40:22 GMT 1 rungsp said:

£18,582,000 inc fees

It sounds even more impressive in dollars.

www.thetelegraph.com/entertainment/article/Shredded-Banksy-artwork-could-fetch-millions-at-16532180.php#photo-21581058

[Deleted]

Oct 11, 2021 14:55:17 GMT 1 Winchester said:

I think it will be passed,
I mean how many Banksy pieces has been sold over 4 million since may?

Are you there?

💥💥💥💥💥💥💥💥💥💥

[irl1]

Oct 14, 2021 19:51:42 GMT 1 @pigeon1 said:

Oct 11, 2021 14:55:17 GMT 1 Winchester said:

I think it will be passed,
I mean how many Banksy pieces has been sold over 4 million since may?

Are you there?

💥💥💥💥💥💥💥💥💥💥

 Sold 18,582,000 GBP

www.sothebys.com/en/buy/auction/2021/contemporary-art-evening-auction-2/love-is-in-the-bin-2

[mark1]

When Parliament comes round again it’s going to be up there with the turners

[Terry Fuckwitt]

Oct 14, 2021 19:51:42 GMT 1 @pigeon1 said:

Oct 11, 2021 14:55:17 GMT 1 Winchester said:

I think it will be passed,
I mean how many Banksy pieces has been sold over 4 million since may?

Are you there?

💥💥💥💥💥💥💥💥💥💥

Busy bathing in a bath of tears.

[Terry Fuckwitt]

Have we had a BOOM yet?

[Deleted]

Oct 14, 2021 20:01:03 GMT 1 Terry Fuckwitt said:

Have we had a BOOM yet?

[Lazarus II]

Oct 14, 2021 19:59:48 GMT 1 Terry Fuckwitt said:

Oct 14, 2021 19:51:42 GMT 1 @pigeon1 said:

Are you there?

💥💥💥💥💥💥💥💥💥💥

Busy bathing in a bath of tears.

busy emptying his shoes as it appears Banksy shat in Winchys loafers, again…

[Terry Fuckwitt]

Oct 14, 2021 20:03:31 GMT 1 @runt said:

Oct 14, 2021 20:01:03 GMT 1 Terry Fuckwitt said:

Have we had a BOOM yet?

Thank you sir!

[Terry Fuckwitt]

Oct 14, 2021 20:07:37 GMT 1 Lazarus II said:

Oct 14, 2021 19:59:48 GMT 1 Terry Fuckwitt said:

Busy bathing in a bath of tears.

busy emptying his shoes as it appears Banksy shat in Winchys loafers, again…

Hopefully after curry night.
I'm waiting for the obligatory 'it was bought back in' comment

[tidybut]

Oct 12, 2021 9:25:52 GMT 1 tonys said:

£16million

Not a penny less

Fairplay.👏

[pollz66]

Love Is In The Bin was bought by an Asian collector bidding via Sotheby's Hong Kong office, which could make things very interesting. Up until now Banksy's market has been predominantly UK and US.

[Winchester]

Oh I'm not crying, I'm laughing.
I'm sure that one result in a corrupt auction house will make people queue to buy Banksy prints 😂

That doesn't change that the market dropped nearly 50% - and it won't make it rise again. 😂

[Winchester]

Oct 14, 2021 20:36:07 GMT 1 pollz66 said:

Love Is In The Bin was bought by an Asian collector via Sotheby's Hong Kong office, which could make things very interesting. Up until now Banksy's market has been predominantly UK and US.

Anonymous buyer I guess - like always.

[pollz66]

Oct 14, 2021 20:39:22 GMT 1 Winchester said:

Oct 14, 2021 20:36:07 GMT 1 pollz66 said:

Love Is In The Bin was bought by an Asian collector via Sotheby's Hong Kong office, which could make things very interesting. Up until now Banksy's market has been predominantly UK and US.

Anonymous buyer I guess - like always.

You're missing the point. Banksy's market has been lukewarm in Asian - this result puts quite a bit of heat under it.

[Winchester]

Oct 14, 2021 20:42:53 GMT 1 pollz66 said:

Oct 14, 2021 20:39:22 GMT 1 Winchester said:

Anonymous buyer I guess - like always.

You're missing the point. Banksy's market has been lukewarm in Asian - this result puts quite a bit of heat under it.

I'm not missing the point - the point of the whole piece was that street art shouldn't be sold, right?
So why is everyone celebrating that Banksy just cashed in 1.6 million? Isn't that a bit hypocritical?

[Deleted]

Oct 14, 2021 20:38:55 GMT 1 Winchester said:

Oh I'm not crying, I'm laughing.
I'm sure that one result in a corrupt auction house will make people queue to buy Banksy prints 😂

That doesn't change that the market dropped nearly 50% - and it won't make it rise again. 😂

You owe me £11k

Sounds like from your posts it will have to be a payday loan job!

[pollz66]

Oct 14, 2021 20:38:55 GMT 1 Winchester said:

Oh I'm not crying, I'm laughing.
I'm sure that one result in a corrupt auction house will make people queue to buy Banksy prints 😂

That doesn't change that the market dropped nearly 50% - and it won't make it rise again. 😂

Print market was operating independently of the originals market. The difference being that prints are in plentiful supply, so the market was always going to correct itself. The originals market has a far more limited supply, so the increases in value - now and in the future - are going to be far less restricted

[Winchester]

Oct 14, 2021 20:48:28 GMT 1 @pigeon1 said:

Oct 14, 2021 20:38:55 GMT 1 Winchester said:

Oh I'm not crying, I'm laughing.
I'm sure that one result in a corrupt auction house will make people queue to buy Banksy prints 😂

That doesn't change that the market dropped nearly 50% - and it won't make it rise again. 😂

You owe me £11k

Sounds like from your posts it will have to be a payday loan job!

Member since July 2021 - so what's your name and address, oh big brave troll, I'll deliver you what I owe you personally.

[pollz66]

Oct 14, 2021 20:47:13 GMT 1 Winchester said:

Oct 14, 2021 20:42:53 GMT 1 pollz66 said:

You're missing the point. Banksy's market has been lukewarm in Asian - this result puts quite a bit of heat under it.

I'm not missing the point - the point of the whole piece was that street art shouldn't be sold, right?
So why is everyone celebrating that Banksy just cashed in 1.6 million? Isn't that a bit hypocritical?

I guess you missed the point of the whole piece too. 

[Winchester]

Oct 14, 2021 20:49:04 GMT 1 pollz66 said:

Oct 14, 2021 20:38:55 GMT 1 Winchester said:

Oh I'm not crying, I'm laughing.
I'm sure that one result in a corrupt auction house will make people queue to buy Banksy prints 😂

That doesn't change that the market dropped nearly 50% - and it won't make it rise again. 😂

Print market was operating independently of the originals market. The difference being that prints are in plentiful supply, so the market was always going to correct itself. The originals market has a far more limited supply, so the increases in value - now and in the future - are going to be far less restricted

The Kate moss was passed not long ago. And in general, a lot of originals got passed recently. I doubt the result of one hyped piece will change that.

[Winchester]

Oct 14, 2021 20:51:38 GMT 1 pollz66 said:

Oct 14, 2021 20:47:13 GMT 1 Winchester said:

I'm not missing the point - the point of the whole piece was that street art shouldn't be sold, right?
So why is everyone celebrating that Banksy just cashed in 1.6 million? Isn't that a bit hypocritical?

I guess you missed the point of the whole piece too. 

How? Banksy shredded it because street art shouldn't be sold. And now he cashes in on it. What exactly is so difficult to understand?

[pollz66]

Oct 14, 2021 20:52:48 GMT 1 Winchester said:

Oct 14, 2021 20:51:38 GMT 1 pollz66 said:

I guess you missed the point of the whole piece too. 

How? Banksy shredded it because street art shouldn't be sold. And now he cashes in on it. What exactly is so difficult to understand?

1/ Banksy sells work all the time. 2/ This piece wasn't from the street. 3/ It wasn't sold by Banksy, it was sold by the collector. 4/ Maybe you missed all these three points as well.

[Jeezuz Jones Snr]

I never thought it would sell for that 😲

[pollz66]

Oct 14, 2021 20:51:50 GMT 1 Winchester said:

Oct 14, 2021 20:49:04 GMT 1 pollz66 said:

Print market was operating independently of the originals market. The difference being that prints are in plentiful supply, so the market was always going to correct itself. The originals market has a far more limited supply, so the increases in value - now and in the future - are going to be far less restricted

The Kate moss was passed not long ago. And in general, a lot of originals got passed recently. I doubt the result of one hyped piece will change that.

You predicted that Love Is In The Bin was going to be a pass at auction, right? Entitled to your opinion, of course, but given your forecasting track record so far, I wouldn't spend too much time at the bookies with you. 

[Winchester]

Oct 14, 2021 20:55:52 GMT 1 pollz66 said:

Oct 14, 2021 20:52:48 GMT 1 Winchester said:

How? Banksy shredded it because street art shouldn't be sold. And now he cashes in on it. What exactly is so difficult to understand?

1/ Banksy sells work all the time. 2/ This piece wasn't from the street. 3/ It wasn't sold by Banksy, it was sold by the collector. 4/ Maybe you missed all these three points as well.

How did I say he sold the piece?
The piece was actually marked as being subject to something called "artist royalty resale right" - just look it up

And I never said it was from the streets - I said the whole point he claimed he tried to make is being against capitalism. And how ironic, he cashes in on it all the time.

[pollz66]

Oct 14, 2021 20:58:57 GMT 1 toppins said:

Not you again Winchester. I take it you sold your one print before you started your incessant banksy bashing?

£17.5 million isnt a bad profit after only a year eh!

It was first auctioned three years ago 

[Pawel]

All I can say on this topic is: Tax the rich!!!

[pollz66]

Oct 14, 2021 21:02:15 GMT 1 Winchester said:

Oct 14, 2021 20:55:52 GMT 1 pollz66 said:

1/ Banksy sells work all the time. 2/ This piece wasn't from the street. 3/ It wasn't sold by Banksy, it was sold by the collector. 4/ Maybe you missed all these three points as well.

How did I say he sold the piece?
The piece was actually marked as being subject to something called "artist royalty resale right" - just look it up

And I never said it was from the streets - I said the whole point he claimed he tried to make is being against capitalism. And how ironic, he cashes in on it all the time.

Artist re-sale rights for this piece would have been 0.25%, but this would have actually been capped at £12k.

[Winchester]

Oct 14, 2021 21:07:31 GMT 1 pollz66 said:

Oct 14, 2021 21:02:15 GMT 1 Winchester said:

How did I say he sold the piece?
The piece was actually marked as being subject to something called "artist royalty resale right" - just look it up

And I never said it was from the streets - I said the whole point he claimed he tried to make is being against capitalism. And how ironic, he cashes in on it all the time.

Artist re-sale rights for this piece would have been 0.25%, but this would have actually been capped at £12k.

And? Still cashed in. Still a lot of money that would help a lot of homeless people around the world.
Why is he using that right if he's against capitalism? A bit greedy, as he clearly don't need any more money owning a castle in L.A.