[stillborncrisps]

What does "framed to the GDP Specifications" (for Banksquiat (Grey)) mean?

Did they get sent out with care instructions?

[Argiebaji]

US Placard rat £44K plus fees

[njr911]

Oct 14, 2020 19:08:35 GMT 1 Fuzzyduck121 said:

Here comes the market correction (ish)

More of a strange auction I think....load of tat a few big ticket items that should be at a major auction house. While saying that they are hardly low results

[trowel]

Wow, that Banksquiat was a right old ding-dong.

[jimmer33]

I think this auction was poorly structured. Too many items leading to exhaustion/impatience, poorly structured estimates, etc

[lv90210]

Again this is an indication you don’t sell Banksy prints with this auction house.... if you want to sell a poster this is the place.

The sellers must be fuming....

Wow - Tate lost their Banksy consignments going forward, the hottest market in the world and they under perform... volumes spoken !

[Dubman]

Stop and Search was big! £95k including

[Fuzzyduck121]

SS hardly ever comes up at the moment
The Banksquiat perhaps suffering from lack of PC etc
Probably not the right place or timing to sell pieces from GDP?
Strange auction

[Sundowner]

Oct 14, 2020 19:18:36 GMT 1 Dubman said:

Stop and Search was big! £95k including

There were people on here saying the next one at auction would hit £150k.....

[Deleted]

Oct 14, 2020 19:19:46 GMT 1 Fuzzyduck121 said:

SS hardly ever comes up at the moment
The Banksquiat perhaps suffering from lack of PC etc
Probably not the right place or timing to sell pieces from GDP?
Strange auction

Very odd auction. Can see Thrower going well past that once it goes to Sotheby's or Christies. Would expect it to be doing Girl With Balloon numbers.

[Fuzzyduck121]

Personally would be unhappy if I owned some of those pieces and over the moon if I owned others
Bit of a strange night

[njr911]

Oct 14, 2020 19:18:36 GMT 1 Dubman said:

Stop and Search was big! £95k including

And I struggled to sell one on here for £1.8k! 

[jimmer33]

Oct 14, 2020 19:18:00 GMT 1 lv90210 said:

Again this is an indication you don’t sell Banksy prints with this auction house.... if you want to sell a poster this is the place.

The sellers must be fuming....

Wow - Tate lost their Banksy consignments going forward, the hottest market in the world and they under perform... volumes spoken !

They truly screwed this up. You don't mix in these big ticket items with 200 trinkets for a 100 quids. 

[sbash]

Oct 14, 2020 19:16:48 GMT 1 jimmer33 said:

I think this auction was poorly structured. Too many items leading to exhaustion/impatience, poorly structured estimates, etc

Agreed, this and all of this!!

[Deleted]

Oct 14, 2020 19:22:06 GMT 1 njr911 said:

Oct 14, 2020 19:18:36 GMT 1 Dubman said:

Stop and Search was big! £95k including

And I struggled to sell one on here for £1.8k! 

I'll buy it. Can do Paypal F&F. 

[Riotcops]

Oct 14, 2020 19:19:46 GMT 1 Fuzzyduck121 said:

SS hardly ever comes up at the moment
The Banksquiat perhaps suffering from lack of PC etc
Probably not the right place or timing to sell pieces from GDP?
Strange auction

I'm confused. Why is everyone saying Bansquiat is suffering? Almost doubled the low estimate and sold for more than Ive seen anywhere elsewhere.

[JFCC]

Stop and search was £100.8k all done

[gross]

Market Is Starting to Cool Down – and It Could Get Worse

[ca]

Oct 14, 2020 19:22:59 GMT 1 Riotcops said:

Oct 14, 2020 19:19:46 GMT 1 Fuzzyduck121 said:

SS hardly ever comes up at the moment
The Banksquiat perhaps suffering from lack of PC etc
Probably not the right place or timing to sell pieces from GDP?
Strange auction

I'm confused. Why is everyone saying Bansquiat is suffering? Almost doubled the low estimate and sold for more than Ive seen anywhere elsewhere.

yeah... don't see much suffering here 

[lv90210]

Oct 14, 2020 19:22:26 GMT 1 jimmer33 said:

Oct 14, 2020 19:18:00 GMT 1 lv90210 said:

Again this is an indication you don’t sell Banksy prints with this auction house.... if you want to sell a poster this is the place.

The sellers must be fuming....

Wow - Tate lost their Banksy consignments going forward, the hottest market in the world and they under perform... volumes spoken !

They truly screwed this up. You don't mix in these big ticket items with 200 trinkets for a 100 quids. 

Amateur hour - the sellers must be fuming... there was bigger bids in the market over the last week than this - ouch !!

[LJCal]

Absolutely nothing wrong with this auction, two months ago sellers would have been over the moon. Just because it’s not 20% higher than last week doesn’t mean it’s a poor auction. People on here need to get a grip and stop being so greedy.

[Mass]

Oct 14, 2020 18:52:23 GMT 1 Retired Collector said:

4,200 for Invader L.E.D someone got a bargain. Even with 25% Buyers fee. 

It was unnumbered so about right

[Deleted]

Oct 14, 2020 19:22:59 GMT 1 Riotcops said:

Oct 14, 2020 19:19:46 GMT 1 Fuzzyduck121 said:

SS hardly ever comes up at the moment
The Banksquiat perhaps suffering from lack of PC etc
Probably not the right place or timing to sell pieces from GDP?
Strange auction

I'm confused. Why is everyone saying Bansquiat is suffering? Almost doubled the low estimate and sold for more than Ive seen anywhere elsewhere.

It made less than the black one that sold at Tate Ward recently. But yes, "suffered" is perhaps not the right term. 

[cest]

I talked to someone who runs the prints and multiples for a large auction house and PC has requested they sell no ephemera except woh. Outlets like this may still be on fire as long as they continue to sell those

[Argiebaji]

Oct 14, 2020 19:24:01 GMT 1 LJCal said:

Absolutely nothing wrong with this auction, two months age sellers would have been over the moon. Just because it’s not 20% higher than last week doesn’t mean it’s a poor auction. People on here need to get a grip and stop being so greedy.

Agreed ... If the bubble inflates too quick it Poppps!

[Lazarus II]

Oct 14, 2020 18:28:03 GMT 1 DMH said:

Anyone else seen the live feed?! They look like they’re in the broom cupboard!

im sure i seen Boris Becker trying to sneak out that cupboard but he got caught...again.

[marquis]

Oct 14, 2020 19:16:48 GMT 1 jimmer33 said:

I think this auction was poorly structured. Too many items leading to exhaustion/impatience, poorly structured estimates, etc

Estimates were more realistic than Christies'/Sotheby's deliberately low figures

[LJCal]

Oct 14, 2020 19:26:11 GMT 1 Argiebaji said:

Oct 14, 2020 19:24:01 GMT 1 LJCal said:

Absolutely nothing wrong with this auction, two months age sellers would have been over the moon. Just because it’s not 20% higher than last week doesn’t mean it’s a poor auction. People on here need to get a grip and stop being so greedy.

Agreed ... If the bubble inflates too quick it Poppps!

Exactly some of the pigs on here are digging their own grave.

[jimmer33]

Oct 14, 2020 19:26:57 GMT 1 marquis said:

Oct 14, 2020 19:16:48 GMT 1 jimmer33 said:

I think this auction was poorly structured. Too many items leading to exhaustion/impatience, poorly structured estimates, etc

Estimates were more realistic than Christies'/Sotheby's deliberately low figures

bruh...the biggest and best auction houses in the world do that because they know what works...

[theclash]

Oct 14, 2020 19:26:57 GMT 1 marquis said:

Oct 14, 2020 19:16:48 GMT 1 jimmer33 said:

I think this auction was poorly structured. Too many items leading to exhaustion/impatience, poorly structured estimates, etc

Estimates were more realistic than Christies'/Sotheby's deliberately low figures

Great auction, managed to pick up a piece been after for a long time at close to the low estimate.